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Home Trust Of Ouray County

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

EIN: 861764266 ✦ Ridgway, CO ✦ Designated as a 501(c)(3)

Overview

What is Home Trust Of Ouray County?

Home Trust Of Ouray County is a nonprofit organization situated in Ridgway, Colorado, specifically at 95 Meadows Circle. Their primary mission is to offer an all-encompassing, permanently affordable housing solution for families with moderate income levels residing in Ouray County. They have successfully obtained and secured three plots of land for this purpose. As of October 2023, construction has commenced on one of these plots, with plans to construct an affordable duplex for sale. Additionally, the organization has plans to develop rental properties and a Licensed Infant/Toddler Childcare Facility on the remaining lands.


Is Home Trust Of Ouray County legitimate?

Home Trust Of Ouray County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Home Trust Of Ouray County 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: $35,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Home Trust Of Ouray County?
Who is the CEO of Home Trust Of Ouray County?
What is the revenue of Home Trust Of Ouray County?
Who are the executives of Home Trust Of Ouray County and what are their salaries?
Where can I find the form 990 for Home Trust Of Ouray County?

Mission Statement of Home Trust Of Ouray County

Home Trust Of Ouray County, a nonprofit organization, is dedicated to providing an all-encompassing and permanently affordable housing solution for households with modest income levels. Their mission is to create a resource that caters to this specific demographic, ensuring they have access to secure, affordable housing options. As part of their endeavors, they have acquired three plots of land, two of which have already been purchased, with plans for future affordable housing developments and rentals. Construction on the first property, a duplex, commenced in October 2023. Beyond housing, Home Trust Of Ouray County also plans to establish affordable rentals and a Licensed Infant/Toddler Childcare Facility on the remaining land. The organization's commitment to affordable housing and childcare is a significant step towards ensuring that modest income households have the necessary resources to build a stable and secure future.

Impact

This information is meant to be a general summary of Home Trust Of Ouray County. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Home Trust of Ouray County plays a crucial role in providing affordable housing solutions in the community of RIDGWAY, CO. Through its efforts, the organization helps address the housing needs of residents, contributing to stability, security, and improved quality of life for individuals and families. By focusing on the housing sector, Home Trust of Ouray County is making a tangible impact on the overall well-being 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: $0
  • Program Service Revenue: $0
  • Gross Receipts: $548,535

    • Assets and Liabilities:
  • Total Assets: $1,005,854
  • Total Liabilities: $361,342
  • Net Assets: $644,512
  • Organization Details

    Founding Year

    2021

    Principal Officer

    Andrea Sokolowski

    Main Address

    95 Meadows Circle, Ridgway, CO, 81432

    NTEE Category

    Code: L20 - Housing

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