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Housing Benefits

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

EIN: 260215059 ✦ Manchester, NH ✦ Designated as a 501(c)(3)

Overview

What is Housing Benefits?

Housing Benefits is a nonprofit organization focused on addressing the housing needs of individuals and families in transitional and low-income situations. They accomplish this by actively purchasing and developing suitable housing units, ensuring that those in need have access to secure and affordable living spaces. Their mission encompasses this twofold approach, providing a vital service in promoting housing stability and improving the overall quality of life for their beneficiaries.


Is Housing Benefits legitimate?

Housing Benefits is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Benefits 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: $699,324

For more financial information, click here


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

Mission Statement of Housing Benefits

Housing Benefits, a nonprofit organization, is dedicated to the mission of procuring and constructing transitional and affordable housing units. This mission is geared towards serving individuals and families who are in need of such housing solutions. By purchasing and developing these properties, Housing Benefits seeks to provide a viable living space for those who may be transitioning out of challenging circumstances or are financially disadvantaged. The organization's initiatives aim to make a meaningful impact on the lives of those in need, contributing to a more equitable and inclusive housing landscape.

Impact

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




Thursday, August 15, 2024

Housing Benefits has a significant impact on the community by providing essential support in the form of transitional and low-income housing. Through its programs, Housing Benefits offers a lifeline to individuals and families in need of stable and affordable housing options. By purchasing and developing such properties, Housing Benefits plays a crucial role in addressing the housing needs of vulnerable populations, ultimately contributing to the overall well-being and stability of the community.





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: $4,758
  • Program Service Revenue: $2,124,216
  • Gross Receipts: $3,609,406

    • Assets and Liabilities:
  • Total Assets: $24,938,003
  • Total Liabilities: $18,660,479
  • Net Assets: $6,277,524
  • Programs

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

    Tenant Rent

    Revenue

    $2,011,003

    Laundry/Vending/Misc

    Revenue

    $113,213

    Organization Details

    Founding Year

    2009

    Principal Officer

    Maria Devlin

    Main Address

    122 Market Street, Manchester, NH, 03101

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Housing Benefits 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.