Overview
What is Harmony House North Association?
Harmony House North Association is a nonprofit organization situated in Everett, Washington. Their primary mission is to provide affordable and subsidized housing for individuals who are chronically mentally ill and fall under the low-income category. The association operates a fifteen-unit facility, dedicated to supporting mentally disabled individuals, ensuring they have a stable living environment. The association's core activities are centered around providing a safe and secure housing solution for those in need, contributing positively to their overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72% (Two-Star out of Four Stars)
Harmony House North Association has received a Two-Star rating from Charity Navigator, indicating a fair level of accountability and finance management. The rating is based entirely on a single beacon score that reflects their financial practices. A score of 72% suggests that while the organization meets some standards effectively, there are areas for improvement.
The organization scored particularly well in areas such as having a majority independent board, documenting board meeting minutes, and maintaining a solid program expense ratio of 74.72%. This indicates a commitment to effective governance and prioritization of program services. Additionally, there are no recorded instances of material diversion of assets, which is a positive sign of financial integrity.
However, the rating reflects concerns regarding the liabilities to assets ratio, which stands at 61.26%, suggesting potential financial risk. While the charity demonstrates good practices in accountability, the high salaries of key personnel may raise questions about compensation relative to the overall financial health of the organization. Overall, while there are strengths observed in governance, the organization may need to address its financial ratios to improve its rating further.
This AI summary has been generated from information found on Charity Navigator.
Is Harmony House North Association legitimate?
Harmony House North Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harmony House North Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Harmony House North Association?
Harmony House North Association is committed to providing affordable and subsidized housing for individuals who are chronically mentally ill and have a low income. Their primary activity is operating a fifteen-unit facility that serves as a home for these individuals, providing them with a secure and supportive environment. The association's mission is to contribute to their overall well-being, ensuring they have a place to call home and live with dignity. Harmony House North Association aims to support these individuals in their daily lives, enabling them to lead as independent and fulfilling a life as possible.
Who is the CEO of Harmony House North Association?
Tom Sebastian is the Treasurer of Harmony House North Association. The CEO's salary of Harmony House North Association is $0 and their total compensation is $318,345.
What is the revenue of Harmony House North Association?
Harmony House North Association's revenue in 2022 was $197,400.
Who are the executives of Harmony House North Association and what are their salaries?
There 5 volunteers at Harmony House North Association.
Here are 7 key members and their salaries (Harmony House North Association's CEO's salary is $0 and their total compensation is $318,345):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $293,282
- Other: $25,063
- Compensation: $0
- Related: $191,541
- Other: $23,435
Where can I find the form 990 for Harmony House North Association?
Harmony House North Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Harmony House North Association
Harmony House North Association is devoted to providing affordable and subsidized housing for individuals who are chronically mentally ill and have a low income. This nonprofit organization operates a fifteen-unit facility that serves as a sanctuary for these individuals, offering them a secure place to call home. By operating this facility, Harmony House North Association is making a significant contribution to the well-being of mentally disabled individuals, providing them with a safe and stable living environment.
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Impact
October, 2024
Harmony House North Association plays a crucial role in the community by providing affordable subsidized housing for individuals with chronic mental illnesses. By operating a fifteen-unit facility in Everett, Washington, it addresses the urgent need for low-income housing specifically designed to support those living with mental disabilities.
This initiative not only ensures that residents have a safe and stable environment, but it also fosters a sense of community and belonging, which is essential for the well-being of individuals facing mental health challenges. The impact extends beyond just housing; it contributes to the overall enhancement of the quality of life for residents, enabling them to access necessary resources and support, ultimately promoting their independence and development. Through its efforts, Harmony House North Association significantly alleviates the burden of homelessness and instability among a vulnerable population, promoting dignity and respect for those it serves.
This information is meant to be a general summary of Harmony House North Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$159
- Program Service Revenue: $46,715
- Gross Receipts: $197,568
Assets and Liabilities:
- Total Assets: $965,051
- Total Liabilities: $593,589
- Net Assets: $371,462
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$46,715
Organization Details
Founding Year
1989
Phone
(425) 349-6200Principal Officer
Tom Sebastian
Main Address
PO BOX 3810, EVERETT, WA, 982138810
NTEE Category
Code: O00 - Youth development
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