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Filing year 2024

OPEN HEARTS PLACE

Morganton, North Carolina·EIN 84-4729940·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$190k
Total assets
$1.4M
Total expenses
$150k
Reported officers
9
Mission

THE MISSION OF OPEN HEARTS PLACE IS TO PROVIDE HOMES AND PURPOSEFUL OPPORTUNITIES FOR FAMILIES TO INCREASE LIFE SKILLS, GAIN STABILITY, AND BECOME MORE SELF-SUFFICIENT. OPEN HEARTS PLACE WILL PROVIDE NEWLY BUILT OR REMODELED HOMES, AND THEREBY A MORE STABLE ENVIRONMENT, FOR THOSE FAMILIES WHO ARE TRYING TO "GET BACK ON THEIR FEET", WHILE INVOLVING THEM IN AN AGREED-UPON PERSONAL DEVELOPMENT PLAN (PDP).

Reported officers (all unpaid)

No paid executives reported in 2024. OPEN HEARTS PLACE reported 9 unpaid officers and board members on its 990.

Board Member
Board Member
Board Member
Board Member
Board Member
Exe Dir & Board Chair
Vice Chair
Secretary
Treasurer

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

OPEN HEARTS PLACE reported revenue and expenses across 3 filing years.

RevenueExpenses
$268k
$26k
2022
$191k
$70k
2023
$190k
$150k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in North Carolina

OPEN HEARTS PLACE reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable housing & shelter organization in North Carolina earns a median of $68,764.

25th percentile
$39k
Median
$68,764
75th percentile
$112k
90th percentile
$167k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 180 organizations across 180 filings (2022 – 2024).

See full Housing & Shelter pay data for North Carolina
FAQ

Common questions about OPEN HEARTS PLACE

What are OPEN HEARTS PLACE's revenue and expenses?

In 2024, OPEN HEARTS PLACE reported $190k in total revenue and $150k in total expenses on its IRS Form 990.

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