Open Hearth, Inc.
Open Hearth, Inc.
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About this organization
Mission
Open Hearth, Inc., a leader in resource coordination and community building efforts, provides innovative programs to support and empower people to end the cycle of homelessness, acquire affordable housing, a means of transportation, workforce opportunities, and achieve financial stability.
About
The Family Savings Partner Program assists eligible individuals in building assets by providing matched savings for program graduates to be used for home purchase, education, or car purchase. The program provides educational workshops throughout Chester County on financial management, saving, retirement, grants, loans, home purchases, and budgeting. Through the FSP program of asset building and matched savings, OH helped 22 households, with 14 attaining their long-term goals. 125 people attended 29 free workshops on financial education. Since 2001, over 178 savers have graduated and acquired over 11.6 million dollars in assts. Through the Financial Insight and Resource Management program the Organization assisted over 314 households with budget counseling, credit repair, debt counseling and social service support. Our Financial Navigator serves as a point of entry for the PA-CareerLink and the United Way of Chester County Financial Stability Center located in Exton, Pa. The Financial Navigator's role is to complete an initial intake and financial assessment for individuals interested in accessing services located within the Financial Stability Center and to provide financial stability direct services. They also act as a resource coordinator in order to promote and achieve a client's goal(s) of increasing income, decreasing debt, and increasing assets. 283 households were served this fiscal year. Our Mobile Workforce Navigator provides community-based services to unemployed and underemployed job seekers with the primary goal of enrolling them into workforce development services like Individual Training Accounts and the JobGateway service as well as refer individuals to financial management and other social services in order to increase employment outcomes. 173 households received workforce navigation services this fiscal year.
Interesting data from their 2020 990 filing
From their filing, the objective of the non-profit is stated as “Open hearth, inc., a private nonprofit organization serving chester county and portions of montgomery county, provides innovative programs to help people end the cycle of homelessness and achieve financial self-sufficiency. through its own direct provision of services, as well as an established network of other nonprofits, the organization supports and empowers people as they acquire affordable housing, a means of transportation, and financial viability.”.
When talking about its functions, they were outlined as: “Open hearth, inc., a private nonprofit organization serving chester county and portions of montgomery county, provides innovative programs to help people end the cycle of homelessness and achieve financial self-sufficiency. through its own direct provision of services, as well as an established network of other nonprofits, the organization supports and empowers people as they acquire affordable housing, a means of transportation, and financial viability.”.
- The legally reported state of operation for the non-profit is PA.
- According to the filing, the non-profit's address in 2020 is 101 N Main Street No A-1, Spring City, PA, 19475.
- The non-profit organization as of 2020 has a total of 11 employees reported on their form.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$5,888.
- The organization has 7 independent voting members.
- The organization was formed in 1991.
- The organization pays $608,823 in salary, compensation, and benefits to its employees.
- The organization pays $28,032 in fundraising expenses.
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