nonprofit logo

Homes For Life Foundation

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

EIN: 330248725 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Homes For Life Foundation?

Homes For Life Foundation is a nonprofit organization situated in Los Angeles, California, specifically at 8939 S Sepulveda 460, ZIP code 90045. Their primary mission is to create and manage community housing for individuals with chronic mental disabilities. By developing these living spaces, the foundation aims to provide essential mental health services and case management to support its clientele. Currently, Homes For Life Foundation manages 11 such housing facilities, offering three daily meals, planned activities, and necessary care and supervision to its residents. The organization is also actively working on expanding its projects to accommodate more mentally ill individuals and enhance their overall well-being. With a workforce of 71 dedicated employees, Homes For Life Foundation remains committed to improving the lives of those with mental health challenges.


Is Homes For Life Foundation legitimate?

Homes For Life Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homes For Life Foundation 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: $137,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,181,635

For more financial information, click here


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

Mission Statement of Homes For Life Foundation

Homes For Life Foundation, a nonprofit organization, is committed to developing community housing for individuals living with chronic mental disabilities. Their primary mission is twofold: to provide these individuals with a safe living environment and to deliver essential mental health and case management services. By owning and operating various housing sites, Homes for Life Foundation ensures that its residents receive nutritious meals daily, participate in planned activities, and receive necessary care and supervision. Furthermore, the organization is actively working on expanding its housing projects to accommodate more mentally ill individuals and offer them the necessary support. The ultimate goal of Homes For Life Foundation is to improve the quality of life for those living with chronic mental disabilities, enabling them to lead more independent and fulfilling lives.

Impact

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




Thursday, August 15, 2024

Homes For Life Foundation's impact is significant in providing community housing for the chronically mentally disabled and delivering essential mental health and case management services to its clients in Los Angeles, CA. The foundation owns and operates 11 housing sites where residents receive nutritious meals, planned activity programs, and necessary care and supervision. Additionally, Homes For Life Foundation is actively working on developing more housing projects to further support the mentally ill population and expand its mental health services. Their commitment to improving the lives of those in need exemplifies their dedication to human services.





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: $178,508
  • Program Service Revenue: $1,149,113
  • Gross Receipts: $7,548,097

    • Assets and Liabilities:
  • Total Assets: $8,699,070
  • Total Liabilities: $19,387,410
  • Net Assets: -$10,688,340
  • Programs

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

    Program Support Income

    Revenue

    $858,599

    Rental Income

    Revenue

    $290,514

    Organization Details

    Founding Year

    1987

    Principal Officer

    Carol Liess

    Main Address

    8939 S SEPULVEDA 460, LOS ANGELES, CA, 90045

    NTEE Category

    Code: P73Z - Human services

    If you are a representative of Homes For Life Foundation 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.