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Human Services : Social Services

H.O.M.E.

Housing opportunities & maintenance for the elderly

four stars

90.01

1419 West Carroll Avenue Floor Two
Chicago, IL 60607
tel: (773) 921-3200   Web Site
EIN: 36-3172591

Board Leadership
Joel Rice
President

CEO
Gail Scehchter
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 90.01 four stars
  Financial 87.74 three stars
  Accountability & Transparency 93.00 four stars
This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.

H.O.M.E. helps low-income seniors in Chicago maintain their independence by providing home upkeep and repair, a shopping bus and three affordable, intergenerational buildings. H.O.M.E. ensures seniors enjoy healthy and safe living conditions. Free shopping bus assists seniors who have limited mobility or live in food deserts to have access to groceries, pharmacies and medical services that are essential to their well-being. H.O.M.E. also owns and manages three affordable buildings where seniors can choose between two styles of living - individual apartments or, for residents who need some assistance, shared living. H.O.M.E.'s moving program offers seniors support and assistance through one of life's most stressful events-moving from one home to another.

H.O.M.E. helps low-income seniors in Chicago maintain their independence by providing home upkeep and repair, a shopping bus and three affordable, intergenerational buildings. H.O.M.E. ensures seniors enjoy healthy and safe living conditions. Free shopping bus assists seniors who have limited mobility or live in food deserts to have access to groceries, pharmacies and medical services that are essential to their well-being. H.O.M.E. also owns and manages three affordable buildings where seniors can choose between two styles of living - individual apartments or, for residents who need some assistance, shared living. H.O.M.E.'s moving program offers seniors support and assistance through one of life's most stressful events-moving from one home to another.

Impact Information

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This impact information is current as of September 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

87.74

Accountability & Transparency

four stars

93.00

This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
82.3%
  Administrative Expenses 8.9%
  Fundraising Expenses 8.6%
  Fundraising Efficiency $0.09
  Working Capital Ratio (years) 1.64
  Program Expenses Growth 6.0%
  Liabilities to Assets 47.8%
All data for Financial Performance Metrics calculations was provided by H.O.M.E. on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by H.O.M.E. on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
H.O.M.E. (IL) 90.01 four stars
SAGE Eldercare (NJ) 86.41 three stars
Bridgewater HealthCare Foundation (VA) 88.93 three stars
Meals on Wheels Diablo Region (CA) 94.01 four stars
Senior Neighbors (MI) 92.92 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $994,910
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $90,620
   Related Organizations $0
   Government Grants $64,725
Total Contributions $1,150,255
   Program Service Revenue $845,171
Total Primary Revenue $1,995,426
   Other Revenue $28,479
TOTAL REVENUE $2,023,905
   
EXPENSES  
   Program Expenses $1,704,080
   Administrative Expenses $180,047
   Fundraising Expenses $196,334
TOTAL FUNCTIONAL EXPENSES $2,080,461
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-56,556
   
Net Assets $3,093,800

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Intergenerational Housing $1,095,691 64.3%
Upkeep and Repair $363,421 21.3%
Moving Assistance $107,703 6.3%

Ratings History
H.O.M.E. has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-09 08/01/2019 90.01 four stars
2017-09 09/01/2018 90.43 four stars
2016-09 12/22/2017 92.16 four stars
2016-09 12/01/2017 91.17 four stars
2015-09 11/01/2016 86.20 three stars
2014-09 06/01/2016 81.31 three stars
 
CN 2.0
2014-09 11/01/2015 81.37 three stars
2013-09 10/01/2014 79.16 two stars
2012-09 10/01/2013 76.80 two stars
2011-09 12/01/2012 79.69 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 36-3172591
Name in IRS Master File HOUSING OPPORTUNITIES & MAINTENANCE FOR THE ELDERLY INC
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date May, 1982
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End September
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • September, 2018
  • September, 2017
  • September, 2016
  • September, 2015
  • September, 2014
Compensation % of Expenses Paid to Title
$98,402 4.72% Bruce A. Otto Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
H.O.M.E. (IL) 90.01 four stars
Senior Neighbors (MI) 92.92 four stars
Mobile Meal Service of Spartanburg County (SC) 91.70 four stars
Avenidas (CA) 88.32 three stars
Project FIND (NY) 94.28 four stars

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Charity Contact Info

H.O.M.E.
1419 West Carroll Avenue
Floor Two
Chicago, IL 60607
tel: (773) 921-3200
fax: (312) 455-1500
EIN: 36-3172591

Visit Web Site

Board Leadership

Joel Rice
President

CEO

Gail Scehchter
Executive Director

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