Overview
What is San Juan Community Home Trust?
San Juan Community Home Trust is a nonprofit organization situated in Friday Harbor, Washington. Their primary mission is to establish and preserve affordable and sustainable homeownership for low and moderate-income residents residing on San Juan Island. They manage properties located in the Salal and Sun Rise neighborhoods and offer homebuyer education. The trust is currently working on developing additional affordable homes at Holliwalk, located at 260 Price Street. With a team of four dedicated individuals, they strive to enhance housing opportunities for the local community.
Official website here: www.hometrust.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
The San Juan Community Home Trust has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With an impressive 96 in the Accountability & Finance Score and a Program Expense Ratio of 84.69%, the organization demonstrates its commitment to effectively managing funds and directing a significant portion of its resources towards its programs.
The organization benefits from a fully independent board, composed of 14 members, which enhances its governance and decision-making processes. Additionally, it has established clear policies, including conflict of interest and whistleblower protections, ensuring transparency and ethical conduct. The organization's financial oversight is robust, as indicated by a perfect score in audit and oversight, signaling a well-managed nonprofit.
Despite these strengths, the organization may face challenges related to its Culture & Community Score of 87, which, while still strong, suggests room for improvement in community engagement and outreach efforts. Overall, the San Juan Community Home Trust stands out as a highly reputable organization committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is San Juan Community Home Trust legitimate?
San Juan Community Home Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Juan Community Home Trust 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: $86,001
Professional Fundraising Fees: $0
Other Salaries and Wages: $114,167
For more financial information, click here
Official website here: www.hometrust.org
What is the mission statement of San Juan Community Home Trust?
The San Juan Community Home Trust is dedicated to establishing and maintaining permanently affordable and sustainable homeownership options for individuals with moderate and low income levels. The organization works towards achieving this goal by creating homes, managing properties in specific neighborhoods, providing homebuyer education, and initiating the development of additional affordable housing units in future projects. Currently, their focus is on the Holliwalk area, with 260 price-controlled homes under consideration.
Official website here: www.hometrust.org
Who is the CEO of San Juan Community Home Trust?
Amanda Eichelberger is the Board Member of San Juan Community Home Trust.
Official website here: www.hometrust.org
What is the revenue of San Juan Community Home Trust?
San Juan Community Home Trust's revenue in 2022 was $2,344,205.
Official website here: www.hometrust.org
Who are the executives of San Juan Community Home Trust and what are their salaries?
The average compensation at San Juan Community Home Trust during 2022 was $50,042. There are 4 employees and 15 volunteers at San Juan Community Home Trust.
Here are 15 key members and their salaries:
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- Compensation: $86,000
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Official website here: www.hometrust.org
Where can I find the form 990 for San Juan Community Home Trust?
San Juan Community Home Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hometrust.org
Learn more at the official website: www.hometrust.org
Mission Statement of San Juan Community Home Trust
San Juan Community Home Trust is committed to a significant mission: creating and maintaining permanently affordable and sustainable home ownership opportunities for low and moderate income residents. In essence, the organization strives to make homeownership an attainable dream for individuals who might otherwise find it financially out of reach. This mission is carried out through various initiatives, such as managing homes in certain neighborhoods, offering home buyer education, and beginning the development of new affordable housing units. Currently, San Juan Community Home Trust is working on a new phase of affordable homes at Holliwalk, located at 260 Price Street. The organization's efforts aim to provide affordable housing solutions for the community, ensuring that residents have a stable and sustainable living environment.
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Impact
July, 2024
San Juan Community Home Trust is making a tangible impact by creating and maintaining permanently affordable and sustainable homeownership opportunities for low and moderate-income San Juan Island residents. Through initiatives like property management for homes in Salal and Sun Rise neighborhoods, providing home buyer education, and developing affordable homes at locations such as Holliwalk on Price St., the organization is actively addressing the critical need for affordable housing in the community. Their work is not just about building houses, but about empowering individuals and families to achieve stability and security through homeownership.
This information is meant to be a general summary of San Juan Community Home Trust. 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: $37
- Program Service Revenue: $272,777
- Gross Receipts: $2,348,407
Assets and Liabilities:
- Total Assets: $6,854,015
- Total Liabilities: $1,264,675
- Net Assets: $5,589,340
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF HOMES
Revenue
$190,000
HOMEOWNER FEES
Revenue
$82,777
Organization Details
Founding Year
2001
Phone
(360) 378-5541Principal Officer
Amanda Eichelberger
Main Address
PO BOX 2603, FRIDAY HARBOR, WA, 98250
Website
www.hometrust.orgNTEE Category
Code: L21 - Housing
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