Overview
What is Self-Help Enterprises?
Self-Help Enterprises is a nonprofit organization based in Visalia, California, with a workforce of 136 employees. Their mission is to improve the living conditions of low-income families by building and sustaining healthy homes and communities in the San Joaquin Valley. They have assisted 147 families in constructing new homes, with 80 more in progress as of June 30, 2022. Their Home Buyer Assistance Program has helped 27 families purchase homes through secondary mortgage financing. Additionally, 62 families have received financing and assistance in rehabilitating or reconstructing their homes, with an extra 23 families receiving help for emergency repairs or domestic well financing. Self-Help Enterprises manages 2,028 low-income housing units across 45 affordable rental housing projects, with four more under construction. These projects provide essential services and offer resident programs such as after-school daycare, computer labs, ESL and Citizenship classes. The organization is also actively engaged in community development, addressing sewer and clean water issues in over 200 small rural communities. Through their Home Ownership Education and Counseling program, 772 households have received training to prepare them for homeownership. Self-Help Enterprises also offers emergency services, including installing emergency water tanks, hauling water, delivering drinking water, drilling wells, and installing filtration devices.
Official website here: www.selfhelpenterprises.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)
Self-Help Enterprises has achieved a remarkable Four-Star rating from Charity Navigator, indicating a high level of transparency and financial health. Specifically, the organization earned an Accountability & Finance Score of 91 and an impressive Culture & Community Score of 97, showcasing its commitment to strong governance and community engagement. With a Program Expense Ratio of over 94%, the majority of its funds are directed towards its mission-driven programs, reflecting effective resource management.
The nonprofit boasts a fully independent board of directors, which is a positive sign of good governance. Their audit and oversight committee received a perfect score, and they have robust policies in place, including conflict of interest and whistleblower policies. These factors contribute to the organization’s credibility and trustworthiness, making it a reliable option for potential donors.
However, there are some areas for improvement, particularly regarding its liabilities to assets ratio, which stands at 56.19%. While this is acceptable, it indicates that the organization may have a significant amount of liabilities relative to its assets. Overall, Self-Help Enterprises demonstrates strong performance in multiple operational areas, but increased financial stability could enhance its reputation further.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Self-Help Enterprises?
96% of 46 reviewers on Facebook recommend Self-Help Enterprises. Here is a summary of their reviews:
Overall, the sentiment towards Self-Help Enterprises appears predominantly positive, with many praising its services and the alignment with their mission to assist families in achieving homeownership. However, there are notable criticisms, particularly concerning the HomeLift/Wells Fargo event. One user shared a frustrating experience, detailing the emotional and financial strain stemming from an approval process that eventually led to disappointment due to exceeding income guidelines, despite their extensive preparations and investment.
While many individuals appreciate the support and resources offered to facilitate home buying, this particular review highlights the potential challenges and shortcomings some may face during the application process. Despite isolated negative experiences, many still feel encouraged by the organization's overall commitment to empowering families through housing solutions.
This AI summary has been generated from reviews found on Facebook.
Is Self-Help Enterprises legitimate?
Self-Help Enterprises is a legitimate nonprofit organization registered as a 501(c)(3) entity. Self-Help Enterprises 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: $1,341,161
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,749,548
For more financial information, click here
Official website here: www.selfhelpenterprises.org
What is the mission statement of Self-Help Enterprises?
Self-Help Enterprises focuses on enhancing the living conditions of low-income families through housing and community development projects. Their mission is to improve the quality of life for these families by assisting them in constructing new homes, rehabilitating existing ones, and providing financing for emergency repairs. Additionally, they add multifamily housing units to their portfolio, offering affordable housing options for a large number of low-income families. Furthermore, they offer various community development initiatives, addressing issues like sewer and clean water, and provide homeownership education and counseling to help families prepare for home ownership. In emergency situations, they install water tanks, deliver drinking water, drill wells, and install filtration devices to ensure access to clean water for households in need.
Official website here: www.selfhelpenterprises.org
Who is the CEO of Self-Help Enterprises?
Thomas J Collishaw is the Ceo of Self-Help Enterprises. The CEO's salary of Self-Help Enterprises is $134,080 and their total compensation is $174,487.
Official website here: www.selfhelpenterprises.org
What is the revenue of Self-Help Enterprises?
Self-Help Enterprises's revenue in 2022 was $41,610,602.
Official website here: www.selfhelpenterprises.org
Who are the executives of Self-Help Enterprises and what are their salaries?
The average compensation at Self-Help Enterprises during 2022 was $96,255. There are 136 employees and 70 volunteers at Self-Help Enterprises.
Here are 27 key members and their salaries (Self-Help Enterprises's CEO's salary is $134,080 and their total compensation is $174,487):
- Compensation: $134,080
- Related: $0
- Other: $40,407
- Compensation: $113,999
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- Other: $34,318
- Compensation: $115,981
- Related: $0
- Other: $28,418
- Compensation: $115,071
- Related: $0
- Other: $20,845
- Compensation: $103,904
- Related: $0
- Other: $27,799
- Compensation: $101,789
- Related: $0
- Other: $24,324
- Compensation: $80,226
- Related: $0
- Other: $43,467
- Compensation: $101,414
- Related: $0
- Other: $18,038
- Compensation: $98,003
- Related: $0
- Other: $18,578
- Compensation: $81,635
- Related: $0
- Other: $31,303
- Compensation: $99,815
- Related: $0
- Other: $12,615
- Compensation: $0
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Official website here: www.selfhelpenterprises.org
Where can I find the form 990 for Self-Help Enterprises?
Self-Help Enterprises's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.selfhelpenterprises.org
Learn more at the official website: www.selfhelpenterprises.org
Mission Statement of Self-Help Enterprises
Self-Help Enterprises, a dedicated nonprofit organization, strives to improve the living conditions of low-income families by focusing on housing and community development in undefined areas. Through its mission, Self-Help Enterprises collaborates with families to build and sustain healthy homes and communities.
The organization's efforts extend beyond just housing, as they also provide various assistance programs. Self-Help Enterprises has assisted 44 families in constructing new homes, with 80 more families in the process. They offer a Home Buyer Assistance Program, helping 27 families purchase homes through secondary mortgage financing. In addition, 62 families have received financing and aid in the rehabilitation or reconstruction of their homes, with an additional 23 families assisted with emergency repairs or domestic well financing.
Self-Help Enterprises' commitment to community development is further demonstrated through their multifamily housing projects. With the addition of 288 multifamily units to their portfolio, they now house 2,028 low-income families in 45 affordable rental housing projects. Four projects are currently under construction, each offering essential resident services like after-school daycare, computer labs, ESL and Citizenship classes.
To address the needs of smaller communities, Self-Help Enterprises offers community development assistance, working on sewer and clean water issues in over 200 rural communities. Homeownership Education and Counseling is another crucial aspect of their work, with 772 low-income households receiving individual and/or classroom training to prepare them for homeownership.
Self-Help Enterprises' emergency services are designed to provide immediate relief, installing 683 emergency water tanks, hauling water to around 1,000 households for sanitation, delivering drinking water to approximately 2,000 households, drilling 23 wells, and installing 20 filtration devices to mitigate contamination in systems. Through these various initiatives, Self-Help Enterprises contributes significantly to enhancing the living conditions and quality of life for low-income families.
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Impact
October, 2024
Self-Help Enterprises significantly impacts low-income families by empowering them to build and maintain healthy homes and communities. Through its self-help housing initiatives, it assisted 44 families in completing their new homes while 80 more were actively in construction as of June 30, 2022. The Home Buyer Assistance Program provided critical secondary mortgage financing to 27 families, facilitating their home purchases.
In addition to new constructions, the organization focused on rehabilitation, aiding 62 families in renovating or reconstructing their homes. It also addressed urgent needs by assisting 23 families with emergency home repairs and domestic well financing.
The addition of 288 multifamily units further expanded affordable housing options, benefiting 2,028 low-income families across 45 rental projects. These housing initiatives are complemented by resident services such as after-school care, computer labs, and ESL and citizenship classes, promoting community development.
Self-Help Enterprises also plays a vital role in addressing the essential needs of small communities facing sewer and clean water challenges, working in over 200 rural areas. They offered homeownership education and counseling to 772 households, preparing them for future homeownership.
The organization provided emergency assistance by installing 683 water tanks, delivering water to around 2,000 households, drilling 23 wells, and mitigating contamination through 20 filtration devices. Overall, Self-Help Enterprises is dedicated to improving living conditions and fostering self-sufficiency among low-income families in the San Joaquin Valley.
This information is meant to be a general summary of Self-Help Enterprises. 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: $1,308,747
- Program Service Revenue: $14,850,665
- Gross Receipts: $51,322,676
Assets and Liabilities:
- Total Assets: $114,423,713
- Total Liabilities: $60,033,843
- Net Assets: $54,389,870
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT INCOME
Revenue
$6,216,000
Developer Fees
Revenue
$6,810,074
OTHER INCOME
Revenue
$139,384
RENTAL INCOME
Revenue
$1,685,207
Organization Details
Founding Year
1965
Phone
(559) 802-1602Principal Officer
Thomas J Collishaw
Main Address
PO Box 6520, Visalia, CA, 93290
Website
www.selfhelpenterprises.orgNTEE Category
Code: L20Z - Housing
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