Overview
What is Rural Housing For The Elderly Inc?
Rural Housing for the Elderly Inc, situated in Manchester, New Hampshire, is a dedicated nonprofit organization. Their primary mission is to offer housing solutions for elderly individuals and those with low income. They are firmly committed to providing a home for this demographic, working tirelessly to ensure that housing is accessible and affordable. The organization's activities and mission revolve around offering housing opportunities for the low-income elderly population, demonstrating their unwavering dedication to these individuals' well-being.
Official website here: www.snhs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Rural Housing For The Elderly Inc has received a two-star rating from Charity Navigator, indicating that the organization needs improvement. With an overall score of 66%, the nonprofit demonstrates strengths in financial transparency and governance policies, such as having a conflict of interest policy and a whistleblower policy in place. They also excel in their program expense ratio, allocating 93.54% of their expenses directly to their programs.
However, the organization faces significant challenges in board governance, as evidenced by the lack of independent board members, which raises concerns about accountability and oversight. Additionally, the liabilities to assets ratio is notably high at 76.92%, suggesting potential financial risk that could impact their sustainability and effectiveness. Overall, while Rural Housing For The Elderly Inc shows commitment through its program expenses and transparency practices, it will need to address its governance and financial health to earn a stronger rating.
This AI summary has been generated from information found on Charity Navigator.
Is Rural Housing For The Elderly Inc legitimate?
Rural Housing For The Elderly Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rural Housing For The Elderly Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,759
For more financial information, click here
Official website here: www.snhs.org
What is the mission statement of Rural Housing For The Elderly Inc?
Rural Housing For The Elderly Inc is dedicated to providing housing solutions for individuals who fall under the category of low income, with a particular focus on the elderly. Their mission is to ensure that this vulnerable group and others in need of financial assistance have access to suitable housing. Through their programs, they aim to offer a residential environment that caters to the needs of the low income elderly and other eligible individuals. The organization's activities are centered around providing housing, thereby enhancing the living conditions and well-being of these individuals.
Official website here: www.snhs.org
Who is the CEO of Rural Housing For The Elderly Inc?
James Chaisson is the Chairman of Rural Housing For The Elderly Inc.
Official website here: www.snhs.org
What is the revenue of Rural Housing For The Elderly Inc?
Rural Housing For The Elderly Inc's revenue in 2023 was $1,112,810.
Official website here: www.snhs.org
Who are the executives of Rural Housing For The Elderly Inc and what are their salaries?
There 5 volunteers at Rural Housing For The Elderly Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $194,607
- Other: $50,621
- Compensation: $0
- Related: $165,830
- Other: $45,914
- Compensation: $0
- Related: $138,549
- Other: $37,952
- Compensation: $0
- Related: $84,826
- Other: $25,770
- Compensation: $0
- Related: $10,503
- Other: $1,721
- Compensation: $0
- Related: $84,809
- Other: $25,558
- Compensation: $0
- Related: $68,743
- Other: $7,545
Official website here: www.snhs.org
Where can I find the form 990 for Rural Housing For The Elderly Inc?
Rural Housing For The Elderly Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.snhs.org
Learn more at the official website: www.snhs.org
Mission Statement of Rural Housing For The Elderly Inc
Rural Housing For The Elderly Inc is dedicated to providing housing for individuals who fall into the low-income category, with a particular focus on the elderly population. This nonprofit organization's mission is to ensure that elderly individuals and those with limited financial resources have access to suitable housing options. By offering housing solutions, Rural Housing For The Elderly Inc aims to contribute positively to the well-being and quality of life of these vulnerable individuals. The program provided by the organization serves as a vital resource for the elderly and low-income people, offering them a secure living environment.
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Impact
July, 2024
Rural Housing For The Elderly Inc provides essential housing for low-income elderly individuals and low-income individuals, making a significant impact on the community in Manchester, NH. By offering stable and affordable housing options, this organization helps to improve the quality of life for seniors and low-income individuals in need. Their mission to provide housing for this vulnerable population is crucial in addressing homelessness and ensuring that all individuals have a safe place to call home. Through their housing program, Rural Housing For The Elderly Inc plays a vital role in promoting dignity, security, and stability for those they serve.
This information is meant to be a general summary of Rural Housing For The Elderly Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $791
- Program Service Revenue: $333,925
- Gross Receipts: $1,112,810
Assets and Liabilities:
- Total Assets: $3,177,916
- Total Liabilities: $2,444,690
- Net Assets: $733,226
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$307,422
LAUNDRY AND A/C
Revenue
$26,503
Organization Details
Founding Year
1978
Phone
(603) 668-8010Principal Officer
James Chaisson
Main Address
PO BOX 5040, MANCHESTER, NH, 03108
Website
www.snhs.orgNTEE Category
Code: L21Z - Housing
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