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Passage Home Inc

Passage Home Inc

Raleigh, NC 27601
Tax ID56-1765360

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About this organization

Revenue

$3,605,447

Expenses

$3,944,590

Mission

Passage Home's mission is to break the cycle of poverty and create generational self-sufficiency for the individuals and families of Wake County by helping them achieve housing and income security.

About

Programs and activities to support mission (and for which funding has been used) includes: developing transitional and permanent affordable housing. Creating business, employment and job training opportunities. Providing programs and services to families and individuals to increase economic self sufficiency in families and neighborhoods.

Interesting data from their 2020 990 filing

The purpose of the non-profit is outlined in the filing as “Passage home's mission is to strengthen low wealth families and neighborhoods using a community economic development strategy”.

When discussing its operations, they were defined as: “Passage home's mission is to strengthen low wealth families and neighborhoods using a community economic development strategy”.

  • The state where the non-profit operates has been legally reported as NC.
  • The filing indicates that the non-profit's address in 2020 is located at PO BOX 28165, RALEIGH, NC, 27611.
  • The non-profit has reported 34 employees on their form as of 2020.
  • 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 greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$339,143.
  • The CEO's remuneration policy within the organization is established through an impartial review and endorsement process.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 17 independent voting members.
  • The organization was formed in 1991.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $1,667,304 in salary, compensation, and benefits to its employees.
  • The organization pays $10,150 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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