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Better Homes Inc

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

EIN: 232038165 ✦ Bristol, PA ✦ Designated as a 501(c)(3)

Overview

What is Better Homes Inc?

Better Homes Inc is a nonprofit organization based in Bristol, Pennsylvania, dedicated to providing affordable housing solutions for low and moderate-income families. They engage in the purchase, rehabilitation, and either sale or rental of homes, ensuring that these properties are offered at affordable prices. By doing so, Better Homes Inc aims to make housing more accessible and affordable for this specific demographic, thereby contributing to the betterment of their living standards.


Is Better Homes Inc legitimate?

Better Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Better 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: $69,418
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,466

For more financial information, click here


What is the mission statement of Better Homes Inc?
Who is the CEO of Better Homes Inc?
What is the revenue of Better Homes Inc?
Who are the executives of Better Homes Inc and what are their salaries?
Where can I find the form 990 for Better Homes Inc?

Mission Statement of Better Homes Inc

Better Homes Inc, as a nonprofit organization, is committed to a mission that involves purchasing, rehabilitating, selling, or renting homes to families with low and moderate incomes at affordable prices. This mission is geared towards providing housing solutions for individuals and families who might otherwise struggle to find affordable housing options. By engaging in this activity, Better Homes Inc aims to make a significant impact on the lives of its beneficiaries, enabling them to secure a stable living environment. The organization's work in this area is essential, as it helps to bridge the gap between the housing needs of low and moderate-income families and the availability of affordable housing options. In essence, Better Homes Inc is dedicated to improving living conditions and promoting social equity by ensuring that everyone, regardless of their income level, has access to safe, decent, and affordable housing.

Impact

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




Wednesday, July 24, 2024

Better Homes Inc's impact lies in its mission to provide affordable housing solutions for low and moderate-income families in Bristol, PA. By purchasing, rehabilitating, selling, or renting homes at affordable prices, they are directly addressing the pressing need for accessible housing options in the community. Through their initiatives, Better Homes Inc is helping to improve the quality of life for individuals and families who may otherwise struggle to find suitable housing. Their work contributes to creating a more inclusive and supportive environment for those in need of affordable housing solutions.





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: $250,625
  • Program Service Revenue: $134,892
  • Gross Receipts: $673,993

    • Assets and Liabilities:
  • Total Assets: $3,309,894
  • Total Liabilities: $526,425
  • Net Assets: $2,783,469
  • Programs

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

    MANAGEMENT FEES

    Revenue

    $134,232

    APPLICATION FEES

    Revenue

    $660

    Organization Details

    Founding Year

    1975

    Principal Officer

    Betty Gilbert

    Main Address

    2605 DURHAM ROAD, BRISTOL, PA, 190070022

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of Better 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.