Daffy

Homes of Hope Inc.

Homes of Hope Inc.

Albemarle, NC
Tax ID20-2804613

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About this organization

Revenue

$285,729

Expenses

$336,952

Mission

PROVIED TEMPORARY AND EMERGENCY HOUSING AND SECURED SHELTER.

About

Homes of Hope Program Achievements: July 1, 2018 - June 30, 2019The Community Inn (overnight emergency housing) served 160 individuals with 2,720 bed stays.Of the 160 served, there were 146 adults (95 males and 51 females) and 14 children (9 males and5 females). Of these adults, 6 were veterans and 1 reported chronic homelessness. 62 of theguests were living in dwellings not meant for habitation, 31 reported mental health issues, 24 hadphysical disabilities, 23 had chronic health conditions, and 5 reported drug and/or alcohol abuse.Upon exiting, 18 found rental with no ongoing subsidy, 3 with a rental subsidy, and 7 moving inwith family. The Transitional Housing Program served 34 individuals (11 adults and 23children). One of those families came from an emergency shelter, one from dwelling not meantfor habitation and three from domestic violence programs. There were 5 children under the ageof 5, 8 between 5-12 years old, and 9 between 13-17. Upon exiting the program 13 folks movedto rentals without any ongoing subsidies, and 2 moved in with family. The Anson County groupthat Homes of Hope helped convene last year has received their non-profit status. Homes ofHope is assisting in acquiring housing so that they can begin housing families and individualswithout homes in Anson County. A house at 207 South Park in Wadesboro has been targeted for3 families, once renovations have taken place. Homes of Hope will oversee the renovations andcase management of the first clients. The Anson County group will pay for rent and other clientexpenses. In recognizing the lack of affordable housing, Homes of Hope purchased a house inAugust of 2018 on 515 South 4 th Street in Albemarle and renovated it during the remainder of2018 and the first half of 2019. A family from the Transitional Housing Program has beenselected to be the first family to move into this new Permanent Supportive Housing Program thatwill require below market rent. The family is expected to move into the house at the beginningof August 2019. Additional plans for a couple of duplexes to be built on Crown Point inAlbemarle are also in the works for the Permanent Supportive Housing Program.

Interesting data from their 2019 990 filing

The non-profit's aim, as stated in the filing, is “Provied temporary and emergency housing and secured shelter.”.

When referring to its actions, they were outlined as: “Provied temporary and emergency housing and secured shelter.”.

  • The non-profit has complied with legal obligations by reporting their state of operation as NC.
  • The non-profit's form for 2019 reports a total of 10 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is -$51,223.
  • The salary policy for the CEO of the organization is established through a review and approval by an impartial party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 14 independent voting members.
  • The organization was formed in 2005.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $208,457 in salary, compensation, and benefits to its employees.
  • The organization pays $1,069 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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