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Posts tagged ‘How Homes for Our Troops spends Money’

6
Nov

Where Does $100 to Homes For Our Troops Go (2020)?

Homes For Our Troops should be held up as the gold standard in how to help veterans:  they provide a much needed product (build and donate custom homes outfitted for disabilities) and a service (a pro-bono financial planner for three years to assist in financial planning and household budgeting, along with homeownership education and warranty coverage to ensure that the Veteran is set up for long-term success as a homeowner).

Homes For Our Troops does this while spending more than 80% of revenue on the actual homes. Also notable is low executive compensation:   the four (4) top executives are compensated $140,000-$175,000.  There are no first class or business travel expenses, companion travel expenses, health or social club dues or initiation fees, discretionary spending accounts, or gross up payments/tax indemnifications.  In the non-profit world, this is truly commendable. Read more »