Overview
What is Hearthstone Group?
Hearthstone Group is a nonprofit organization situated in Lolo, Montana. Their primary focus is on promoting affordable housing and social services for elderly and disabled individuals. This includes actively engaging in the development, provision, operation, financing, and execution of related activities. With a small team of just one employee, Hearthstone Group is committed to making a difference in the lives of vulnerable populations by ensuring they have access to suitable housing and essential support services.
Official website here: www.none
Is Hearthstone Group legitimate?
Hearthstone Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hearthstone Group 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: $24,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.none
What is the mission statement of Hearthstone Group?
Hearthstone Group is committed to promoting low-income housing and providing essential social services for elderly and handicapped individuals. Their mission encompasses the direct and indirect development, operation, financing, and execution of such activities. Their primary focus is on housing, along with related services, aiming to enhance the quality of life for these vulnerable groups. The organization's activities extend beyond the mere provision of housing, aiming to improve overall living conditions and well-being.
Official website here: www.none
Who is the CEO of Hearthstone Group?
Mike Wornath is the Exective Director of Hearthstone Group.
Official website here: www.none
What is the revenue of Hearthstone Group?
Hearthstone Group's revenue in 2022 was $1,098,789.
Official website here: www.none
Who are the executives of Hearthstone Group and what are their salaries?
The average compensation at Hearthstone Group during 2022 was $24,000. There is 1 employee and 4 volunteers at Hearthstone Group.
Here are 3 key members and their salaries:
- Compensation: $24,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Hearthstone Group
Hearthstone Group, a notable organization, is dedicated to promoting the well-being of elderly and handicapped individuals by fostering low-income housing and providing related social services. The primary focus of Hearthstone Group's mission is to develop and support housing options, as well as essential social services, catering specifically to the needs of the elderly and handicapped population. By engaging in various activities, such as direct and indirect development, provision, operation, financing, or execution of these initiatives, Hearthstone Group aims to improve the living conditions and overall quality of life for its target demographic.
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Impact
July, 2024
Hearthstone Group's impact lies in its dedication to fostering the development of low-income housing for households at or below 60 percent of the median income. By acting as a developer and general partner of limited partnerships and limited liability companies under IRC Section 42, the organization plays a crucial role in providing affordable housing opportunities to those in need. Additionally, Hearthstone Group's charitable donations to various Christian organizations further amplify its impact in supporting the community. Specifically focusing on housing and related social services for the elderly and handicapped, Hearthstone Group is instrumental in addressing the housing challenges faced by vulnerable populations.
This information is meant to be a general summary of Hearthstone Group. 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: $31
- Program Service Revenue: $1,098,758
- Gross Receipts: $1,098,789
Assets and Liabilities:
- Total Assets: $634,443
- Total Liabilities: $2,345
- Net Assets: $632,098
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Share of income from p
Revenue
$955,271
Management fees
Revenue
$143,487
Organization Details
Founding Year
1996
Phone
(406) 327-6659Principal Officer
Mike Wornath
Main Address
5571 Expedition Drive, Lolo, MT, 59847
Website
www.noneNTEE Category
Code: L200 - Housing
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