Overview
What is Homes First?
Homes First is a dedicated nonprofit organization situated in Lacey, Washington. Their primary mission is to provide safe, healthy, and affordable rental homes for individuals in need. In 2022, they received substantial public funding and utilized it to acquire four homes, two for survivors of domestic violence, one for adults with developmental disabilities, and one shared home for young female-identifying individuals. They also received two homes as donations. Homes First returned to hosting in-person events and successfully organized their 7th Annual Real Community Hero Awards and Celebration, as well as their 9th Annual Heroes for Housing Fundraising Breakfast. A new Property Manager and two Maintenance Technicians were also added to their staffing in the Property Management Program.
Official website here: www.homesfirst.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Homes First has received an 81% rating from Charity Navigator, reflecting a solid performance in accountability and finance, with particular strengths in culture, community engagement, and leadership adaptability. The organization boasts a fully independent board, a comprehensive audit and oversight committee, and a strong commitment to maintaining transparency through various policies and publicly available documentation.
User feedback highlights the effectiveness of Homes First in addressing the affordable housing crisis in Thurston County. Many reviewers commend the organization for its genuine impact, noting its long-standing presence in the community and its dedication to helping families, individuals with disabilities, and those recovering from substance abuse find stable housing. Volunteers and clients alike express admiration for the compassionate staff and the organization’s ability to create positive changes in people's lives.
While the program expense ratio is lower than optimal at 62.67%, indicating that there may be room for improvement in directing more funds toward programs, the overall sentiment from users remains overwhelmingly positive. They appreciate the organization's mission, the quality of its services, and the effectiveness of its housing initiatives, suggesting that Homes First is making a measurable difference in the lives of many individuals in need.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Homes First legitimate?
Homes First is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homes First 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: $103,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $404,550
For more financial information, click here
Official website here: www.homesfirst.org
What is the mission statement of Homes First?
Homes First, as an organization, is committed to creating and maintaining safe, healthy, and affordable rental homes for individuals in need. In 2022, they were able to expand their housing offerings with significant public funding, acquiring four homes for specific groups such as survivors of domestic violence, adults with developmental disabilities, and young female-identifying individuals. Additionally, Homes First received two homes as donations. The organization also returned to in-person events, successfully hosting their annual Real Community Hero Awards and Heroes for Housing Fundraising Breakfast. Furthermore, their property management program saw growth with the addition of a new property manager and two maintenance technicians.
Official website here: www.homesfirst.org
Who is the CEO of Homes First?
Chris Lester is the Director of Homes First. The CEO's salary of Homes First is $100,000 and their total compensation is $103,000.
Official website here: www.homesfirst.org
What is the revenue of Homes First?
Homes First's revenue in 2022 was $2,111,144.
Official website here: www.homesfirst.org
Who are the executives of Homes First and what are their salaries?
The average compensation at Homes First during 2022 was $46,141. There are 11 employees and 146 volunteers at Homes First.
Here are 14 key members and their salaries (Homes First's CEO's salary is $100,000 and their total compensation is $103,000):
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- Compensation: $100,000
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- Other: $3,000
Official website here: www.homesfirst.org
Where can I find the form 990 for Homes First?
Homes First's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.homesfirst.org
Learn more at the official website: www.homesfirst.org
Mission Statement of Homes First
Homes First, a nonprofit organization, is committed to creating and maintaining safe, healthy, and affordable rental homes for those in need. Their mission is centered around providing shelter and living spaces that cater to various vulnerable populations, including survivors of domestic violence, adults with developmental disabilities, and young female-identifying individuals. In 2022, Homes First was able to expand its housing options through significant public funding, purchases, and donations. The addition of these new homes allowed the organization to accommodate more individuals who require affordable and secure living arrangements. Homes First is dedicated to improving the lives of its residents by ensuring they have access to safe and healthy living conditions.
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Impact
July, 2024
Homes First's impact can be seen in the creation and maintenance of safe, healthy, and affordable rental homes for those who need them most. In 2022, they utilized significant public funding to purchase four homes, including two for survivors of domestic violence, one for adults with developmental disabilities, and one shared home for young female-identifying individuals. Additionally, they received two homes as donations. Homes First also successfully hosted their annual events, such as the Real Community Hero Awards and Heroes for Housing Fundraising Breakfast. Their property management program expanded with new staff additions, furthering their mission to provide housing solutions for vulnerable populations.
This information is meant to be a general summary of Homes First. 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: $1,523
- Program Service Revenue: $910,974
- Gross Receipts: $2,126,142
Assets and Liabilities:
- Total Assets: $11,168,103
- Total Liabilities: $9,274,177
- Net Assets: $1,893,926
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$900,436
MANAGEMENT FEES
Revenue
$10,538
Organization Details
Founding Year
1990
Phone
(360) 236-0920Principal Officer
Chris Lester
Main Address
5203 LACEY BLVD SE A, LACEY, WA, 98503
Website
www.homesfirst.orgNTEE Category
Code: O40Z - Youth development
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