Better Business Bureau Report for
Harbor House of Louisville

Better Business Bureau Report issued June 2013
Better Business Bureau Report expires June 2015


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Harbor House of Louisville
Address: 2231 Lower Hunters Trace
  Louisville, KY 40216
Phone: 502-719-0072
Web Address: www.hhlou.org
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Better Business Bureau Comments

Year, State Incorporated: 1992, Kentucky
Affiliates: None
Stated Purpose: The mission of Harbor House of Louisville is to empower individuals with disabilites and thier families to lead fulfilled and productive lives.

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Evaluation Conclusions

              

Harbor House of Louisville meets the 20 Standards for Charity Accountability.
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Programs

              

Harbor House provides training and development opportunities for adults with developmental and intellectual disabilities. The agency offers on-site employment through its state of the art mailing business. The agency also works with others seeking employment in the community. Harbor House participants have the opportunity to volunteer in the community, exercise at the local YMCA and to enjoy intergration into the community at large, as well as life-long fellowship with their peer group.

For the fiscal year ended June 30, 2012, Harbor House of Louisville's program expenses were:

  
Program Services 1,275,326
Total Program Expenses: $1,275,326
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Governance

              

Chief Executive : Maria Smith, Chief Executive Officer
Compensation*: 
$120,000

Chair of the Board: Glenn Jennings
Chair's Profession / Business Affiliation: Retired State of Kentucky Commissioner, Department for Medicaid Services

Board Size: 18

Paid Staff Size: 25

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

Methods of fund raising include direct mail, invitations to fund raising events, print advertisements, television, radio, grant proposals, website appeals, and planned giving arrangements.
Fund raising costs were 9% of related contributions. (Related contributions, which totaled $387,951, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on Harbor House of Louisville's audited financial statements - combined for the fiscal year ended June 30, 2012.

Ending net assets as reported below include $1,047,177 in unrestricted net assets and $119,511 in temporarily restricted net assets.

Total assets as reported include $1,117,938 invested in equipment, furniture, vehicles, and building and leasehold improvements, net of accumulated depreciation.


Source of Funds  
Program Service Income 1,131,005
Special Events & Fundraising 177,790
Contributions 116,819
Grants 93,342
Interest Income 5
Total Income $1,518,961


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Uses of Funds as a % of Total Expenses

Programs: 86%  Fund Raising: 2%  Administrative: 12% 

Total income $1,518,961
Program expenses $1,275,326
Fund raising expenses 34,831
Administrative expenses 179,156
Total expenses $1,489,313
Income in Excess of Expenses 29,648
Beginning net assets 1,137,040
Ending net assets 1,166,688
Total liabilities 220,775
Total assets $1,387,463


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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