Overview
What is Open Hand Ministries Inc?
Open Hand Ministries Inc, situated in Pittsburgh, Pennsylvania, is a nonprofit organization dedicated to assisting lower-income families achieve first-time homeownership. Their mission encompasses providing help in securing an affordable mortgage, enhancing credit scores, creating family budgets, and planning for a sustainable future. In their endeavor, they collaborate with community development organizations to renovate substandard housing. By doing so, Open Hand Ministries Inc contributes to the betterment of families, enabling them to transition into homeownership. With a team of eight dedicated individuals, this nonprofit organization strives to positively impact the lives of those in need of housing assistance.
Is Open Hand Ministries Inc legitimate?
Open Hand Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Hand Ministries 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: $72,225
Professional Fundraising Fees: $0
Other Salaries and Wages: $165,127
For more financial information, click here
What is the mission statement of Open Hand Ministries Inc?
Open Hand Ministries Inc focuses on assisting lower-income families in achieving their first-time homeownership goals. They provide assistance in acquiring affordable mortgages, repairing credit, creating family budgets, and planning for their future lives. The organization collaborates with community development organizations to renovate substandard housing to make it suitable for homeownership. Through these initiatives, Open Hand Ministries aims to empower lower-income families and help them secure stable housing.
Who is the CEO of Open Hand Ministries Inc?
Wayne Younger is the Secretary of Open Hand Ministries Inc.
What is the revenue of Open Hand Ministries Inc?
Open Hand Ministries Inc's revenue in 2022 was $616,560.
Who are the executives of Open Hand Ministries Inc and what are their salaries?
The average compensation at Open Hand Ministries Inc during 2022 was $29,669. There are 8 employees and 125 volunteers at Open Hand Ministries Inc.
Here are 13 key members and their salaries:
- Wayne Younger (Exec Director)
- Bob Furloines (Secretary) [Trustee/Director]
- Heather List (Vice President) [Trustee/Director]
- Chad Collins (Director)
- Joann Monroe (Director)
- Lynn Chadwick (Director)
- Rev Paul Roberts (President) [Trustee/Director]
- Fred C Miller (Treasurer) [Trustee/Director]
- Rhonda Rector Rankin (Director)
- Quianna Wasler (Director)
- C Andrew Mcghee (Director)
- Phil Wasler (Director)
- Jeff Deninno (Director)
Where can I find the form 990 for Open Hand Ministries Inc?
The Open Hand Ministries Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Open Hand Ministries Inc
Open Hand Ministries Inc is committed to assisting lower-income families in achieving their dream of homeownership. The organization accomplishes this by providing a comprehensive set of services, including assistance in acquiring an affordable mortgage, credit repair, family budgeting, and life planning. Open Hand Ministries Inc partners with community development organizations to renovate substandard housing, thereby furthering its mission. Through these initiatives, the nonprofit aims to empower families, helping them to secure stable and affordable housing, ultimately improving their overall quality of life.
Impact
This information is meant to be a general summary of Open Hand Ministries Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Open Hand Ministries Inc's impact is significant in assisting lower-income families in achieving first-time homeownership. By providing support in acquiring affordable mortgages, credit repair, family budgeting, and life planning, OHM plays a pivotal role in helping families transition from renting to owning their own homes. Additionally, their partnership with community development organizations to renovate substandard housing allows families to live in safe and improved environments. Through their efforts, OHM not only facilitates the completion of homeownership projects but also equips families with the necessary tools for sustainable homeownership.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Transitional Housing
Revenue
$14,400
Construction Management
Organization Details
Founding Year
2008
Phone
(412) 924-1409
Principal Officer
Wayne Younger
Main Address
616 North Highland Avenue, Pittsburgh, PA, 15206
NTEE Category
Code: X20 - Religion related
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