Mighty Hero Home Foundation Inc
Because They Deserve Better
Mighty Hero Home Foundation Inc
EIN: 87-3826552
as of November 2023
as of November 13, 2023
Programs and results
Reports and documents
Download annual reports Download other documentsWhat we aim to solve
There are 35,000 - 75,000 homeless veterans in the United States. We find this unacceptable and are committed to do something about it.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Mighty Hero Home Bases
We will construct up to 450 Mighty Hero Home Bases across the nation, housing 84 veterans per Base with a full array of on-Base amenities and wraparound services. Please visit our website for a full Base description and images.
Where we work
External reviews

Photos
Our results
How does this organization measure their results? It's a hard question but an important one.
Number of people using homeless shelters per week
This metric is no longer tracked.Totals By Year
Related Program
Mighty Hero Home Bases
Type of Metric
Input - describing resources we use
Direction of Success
Decreasing
Context Notes
Homelessness in general is reported to have decreased slightly from 2020 to 2022 but anecdotal evidence suggests that the annual PIT count is not capturing the "Hidden Homeless".
Number of applications for housing received from targeted population
This metric is no longer tracked.Totals By Year
Related Program
Mighty Hero Home Bases
Type of Metric
Context - describing the issue we work on
Direction of Success
Decreasing
Context Notes
HUD-VASH Voucher quantities continue to increase year after year but the VA cannot keep up with the increase due to the lack of Case Workers. Thousands of vouchers go unused every year.
Number of homeless participants engaged in mental health services
This metric is no longer tracked.Totals By Year
Related Program
Mighty Hero Home Bases
Type of Metric
Context - describing the issue we work on
Direction of Success
Decreasing
Context Notes
Up to 70% of all homeless veterans struggle with active drug and alcohol abuse. Half are reported to have underlying mental health challenges associated with substance abuse, PTSD, TBI, etc.
Total number of clients experiencing homelessness
This metric is no longer tracked.Totals By Year
Related Program
Mighty Hero Home Bases
Type of Metric
Context - describing the issue we work on
Direction of Success
Decreasing
Context Notes
While these are numbers reported by the VA based on the annual PIT count, experts estimate the number of homeless veterans in the US to be as high as 75,000.
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Goals & Strategy
Reports and documents
Download strategic planLearn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
Mighty Hero Homes seeks to eradicate veteran homelessness by providing affordable, permanent housing to homeless veterans, homes from which they never have to move and can one day own. Our model is to take a veteran from homeless to homeowner in two years.
We'll accomplish the mission by constructing up to 450 Mighty Hero Homes "Bases" across the nation. Each Base will house 84 previously homeless veterans and will provide a full array of on-Base amenities and wraparound services. Services include, but are not limited to; health and wellness care, training and career services, parks, paths, gardens, meeting and recreation areas, gated community with security, etc.
The egregious issue of veteran homelessness is a solvable problem. We will accomplish the mission by mobilizing the American Patriot in a "We the People" movement, confirming to our American heroes that they are not forgotten, they are loved and that more than a million people gave of their personal resources so that they can have a home. Learn more about our vision and mission at MightyHeroHomes.org.
Because They Deserve Better
What are the organization's key strategies for making this happen?
We will build "Base" style communities across the country where every Base resident will have an individual home which they can own.
We will employ specifically designed and engineered Mighty Hero Homes, made from proprietarily designed Structural Insulated Panels (SIPs) which are green, efficient and cost effective building solutions.
According to the Structural Insulated Panel Association (SIPA), buildings constructed with SIPs have shown energy savings of 50% or more, significantly reducing heating and cooling costs over time.
A report by the National Renewable Energy Laboratory (NREL) states that SIPs require less maintenance than traditional construction materials, which can result in lower long-term maintenance costs.
SIPs often use OSB and foam insulation. According to the U.S. Department of Energy, OSB is made from fast-growing, small-diameter trees, which are a renewable resource.
SIPA reports that SIPs can reduce energy consumption for heating and cooling by 50% or more, contributing to a significant decrease in a building's carbon footprint.
According to the Canadian Wood Council, SIPs generate less construction waste, with estimates ranging from 30% to 60% less waste compared to traditional construction methods.
SIPs' airtight construction can minimize air infiltration. The Environmental Protection Agency (EPA) states that improving a building's envelope, as SIPs do, can enhance indoor air quality by reducing drafts and allergens.
SIPs' insulation core is typically made of expanded polystyrene (EPS), which is naturally resistant to mold and mildew. This reduces the risk of indoor air quality issues. The American Lung Association emphasizes the importance of such materials for respiratory health.
According to a study published in the International Journal of Environmental Research and Public Health, improved insulation, like that provided by SIPs, results in better thermal comfort, positively impacting occupants' well-being.
In addition, mini split HVAC units, tankless water heaters and solar energy (where feasible) will be utilized to further reduce operating cost and impact to the environment.
All Base facilities will be made in this fashion.
What are the organization's capabilities for doing this?
We have partnered with the brightest and best engineers, construction professionals, project management firms and suppliers to ensure that we deliver on the mission,.
What have they accomplished so far and what's next?
All structures have been designed and take-offs completed. All land engineering requirements have been quantified and we are ready to proceed when proper funding is in place.
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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How is your organization using feedback from the people you serve?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals
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Which of the following feedback practices does your organization routinely carry out?
We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We share the feedback we received with the people we serve, We tell the people who gave us feedback how we acted on their feedback, We ask the people who gave us feedback how well they think we responded
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What challenges does the organization face when collecting feedback?
It is difficult to get the people we serve to respond to requests for feedback
Financials
Revenue vs. expenses: breakdown
Financial data
Mighty Hero Home Foundation Inc
Revenue & expensesFiscal Year: Jan 01 - Dec 31
Mighty Hero Home Foundation Inc
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Founder & CEO
Drew Walston
Prior to founding Mighty Hero Homes, Drew served in a variety of executive roles with Progressive Insurance for 21 years, helping the company grow from ~$500M in written premium in 1986 to over $13B in 2007. Drew led the creation and implementation of legacy processes for Progressive such as “Immediate Response Claims Service®,” National Total Loss and Salvage Process Centers, Direct Sales Service Centers, Concierge Claims Service® Centers, National Catastrophe Claims Centers, etc. Drew’s organization also led negotiations for and managed national contracts for the Claims organization.
Following, Drew founded and led EXO2 The Heat Inside (2007-2022). The company enjoyed fifteen straight years of profitable growth and emerged as a world leader in the application of heat technologies. Utilizing the company’s unique and proprietary FabRoc™ Heat Technology, EXO2 has earned the favor of Fortune 500 companies, military installations, and international businesses alike.
EVP - Partnerships and RE Development
Derek Layne
Derek is a seasoned commercial real estate veteran and has enjoyed a successful career in capital markets (debt/equity), real estate development and investment sales. Related experience includes serving as an investment manager for Traditional Brand Realty Partners, LLC, overseeing real estate transactions and originating debt and equity and serving as a real estate advisor for Selina Hotels, a large international hotel company expanding into the US. Derek also established the regional Los Angeles office for Stan Johnson Company, a national single-tenant net lease advisory and brokerage firm closing over fifty transactions valued at approximately $300 million. Derek began his career working on Wall Street securitizing more than $1.5B in Commercial Mortgaged Backed Securities (“CMBS”) debt. He volunteers his time helping both local and international charities involved in ministering to children, mental health awareness, heart disease, animal refuges, and faith-based missions.
Mighty Hero Home Foundation Inc
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Mighty Hero Home Foundation Inc
Board of directorsas of 10/24/2023
Board of directors data
Drew Walston
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
The organization's co-leader identifies as:
Race & ethnicity
Gender identity
Sexual orientation
Disability
We do not display disability information for organizations with fewer than 15 staff.
Equity strategies
Last updated: 10/24/2023GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more
- We review compensation data across the organization (and by staff levels) to identify disparities by race.
- We ask team members to identify racial disparities in their programs and / or portfolios.
- We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
- We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
- We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
- We disaggregate data by demographics, including race, in every policy and program measured.
- We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
- We use a vetting process to identify vendors and partners that share our commitment to race equity.
- We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
- We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
- We have community representation at the board level, either on the board itself or through a community advisory board.
- We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
- We measure and then disaggregate job satisfaction and retention data by race, function, level, and/or team.
- We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.