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Coalition Homes Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203364814 ✦ Rockville, MD ✦ Designated as a 501(c)(3)

Overview

What is Coalition Homes Inc?

Coalition Homes Inc, situated in Rockville, Maryland, is a nonprofit organization primarily dedicated to providing permanent housing solutions for formerly homeless individuals and families. With a focus on transitioning these individuals into mainstream society, Coalition Homes Inc aims to offer a stable living environment, fostering their integration into the community. The organization's mission is deeply rooted in its commitment to the well-being and long-term success of its residents.


Official website here: www.mcch.net/affordable-housing/

Is Coalition Homes Inc legitimate?

Coalition Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coalition Homes Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $460,067

For more financial information, click here


Official website here: www.mcch.net/affordable-housing/

What is the mission statement of Coalition Homes Inc?

Coalition Homes Inc. is committed to providing permanent housing solutions for formerly homeless individuals and families. Their mission is to assist these individuals in transitioning back into mainstream society. The organization's primary goal is to ensure stable housing, which serves as a fundamental step towards rebuilding lives and regaining independence. By providing housing, Coalition Homes Inc. aims to contribute to the overall well-being and reintegration of those who have experienced homelessness. The organization's mission is driven by a belief in the dignity and potential of each individual, and it strives to promote self-sufficiency and improve the living conditions of its residents.


Official website here: www.mcch.net/affordable-housing/

Who is the CEO of Coalition Homes Inc?

Susanne Sinclair-Smith is the Chair of Coalition Homes Inc.


Official website here: www.mcch.net/affordable-housing/

What is the revenue of Coalition Homes Inc?

Coalition Homes Inc's revenue in 2022 was $1,565,873.


Official website here: www.mcch.net/affordable-housing/

Who are the executives of Coalition Homes Inc and what are their salaries?

Here are 6 key members and their salaries:

    Susanne Sinclair-Smith (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $169,245
  • Other: $18,226

    • Romell Buchanan (Cfo)
  • Compensation: $0
  • Related: $140,488
  • Other: $11,006

    • Dick Pettit (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Benjamin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Troy Swanda (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Ferris (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mcch.net/affordable-housing/

    Where can I find the form 990 for Coalition Homes Inc?

    The Coalition Homes Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mcch.net/affordable-housing/

    Learn more at the official website: www.mcch.net/affordable-housing/

    Mission Statement of Coalition Homes Inc

    Coalition Homes Inc, a nonprofit organization, is committed to providing permanent housing for formerly homeless individuals and families. Their mission is to offer a safe and stable living environment, serving as a stepping stone for these individuals in transitioning back into mainstream society. The organization's goal is to ensure that formerly homeless individuals and families have a place to call home, providing them with the necessary support to reintegrate into society and lead independent lives. Coalition Homes Inc's mission is essential in addressing the issue of homelessness, offering a solution that promotes self-sufficiency and independence for those who have previously struggled with housing insecurity.

    Impact

    This information is meant to be a general summary of Coalition Homes Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Coalition Homes Inc's impact lies in its mission to provide permanent housing for formerly homeless individuals and families. By offering housing and assistance in transitioning these individuals into mainstream society, Coalition Homes Inc plays a crucial role in addressing homelessness and improving the lives of those in need. Through their work in Rockville, MD, they are actively contributing to the stability and well-being of vulnerable populations, fulfilling a fundamental need for shelter and support. The organization's focus on housing as a means of empowerment and social integration makes a tangible difference in the lives of those they serve.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,880
  • Program Service Revenue: $1,131,747
  • Gross Receipts: $1,565,873

    • Assets and Liabilities:
  • Total Assets: $16,875,336
  • Total Liabilities: $22,890,348
  • Net Assets: -$6,015,012
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM INCOME

    Revenue

    $914,050

    PROPERTY MANAGEMENT FEE

    Revenue

    $217,697

    Organization Details

    Founding Year

    2005

    Principal Officer

    Susanne Sinclair-Smith

    Main Address

    2301 RESEARCH BLVD STE 200, ROCKVILLE, MD, 20850

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Coalition Homes Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.