Overview
What is Keene Downtown Housing Corporation?
Keene Downtown Housing Corporation is a nonprofit organization situated in Keene, New Hampshire. Their primary mission is to offer housing opportunities and contribute to economic development within the downtown area. They specifically target lower-income residents, aiming to provide them with suitable housing solutions. Their activities are geared towards fostering a thriving and inclusive downtown community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Keene Downtown Housing Corporation has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 80%. This rating is based entirely on the accountability and finance beacon, indicating a strong emphasis on financial integrity and transparency. The organization has demonstrated exceptional performance in key areas of governance, including having 100% independent board members and a high program expense ratio of 99.14%, showing that nearly all of its expenses are directed toward its programs.
Strengths highlighted in the evaluation include a complete absence of material diversion of assets and a robust conflict of interest policy, which contributes to the organization’s credibility and trustworthiness. Furthermore, the documentation of board meeting minutes underscores its commitment to transparency in its operations. The organization maintains a favorable liabilities to assets ratio of 0.00%, indicating strong financial health.
While the rating reflects overall strengths in governance and financial practices, the score is based solely on the accountability and finance aspects, with no additional information regarding program outcomes or effectiveness. Therefore, while financial metrics are commendable, the impact of the programs and services provided by Keene Downtown Housing Corporation may require further exploration for a more comprehensive understanding of its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Keene Downtown Housing Corporation legitimate?
Keene Downtown Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keene Downtown Housing Corporation 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.
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What is the mission statement of Keene Downtown Housing Corporation?
The Keene Downtown Housing Corporation's mission is centered around providing housing opportunities for individuals with lower income levels, while simultaneously contributing to economic development within a designated area. By offering housing, this organization aims to contribute positively to the community, fostering a sense of growth and prosperity. Their activities are geared towards creating a living environment that is accessible and beneficial for those with limited financial resources, ultimately contributing to a diverse and vibrant community.
Who is the CEO of Keene Downtown Housing Corporation?
Jason Houston is the President of Keene Downtown Housing Corporation.
What is the revenue of Keene Downtown Housing Corporation?
Keene Downtown Housing Corporation's revenue in 2022 was $3,205.
Who are the executives of Keene Downtown Housing Corporation and what are their salaries?
Here are 15 key members and their salaries:
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Where can I find the form 990 for Keene Downtown Housing Corporation?
Keene Downtown Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Keene Downtown Housing Corporation
Keene Downtown Housing Corporation is an organization dedicated to serving lower income residents. Their mission is twofold: to provide these individuals with housing opportunities and to contribute to the economic development in the downtown area. By doing so, they aim to create a more inclusive and vibrant community for all its residents. The corporation's activities are centered around this mission, striving to make housing affordable and accessible for those who need it most, while also promoting economic growth in the downtown area.
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Impact
August, 2024
Keene Downtown Housing Corporation provides lower-income residents in Keene, New Hampshire, with housing opportunities and contributes to economic development in the downtown area. Their impact is evident in the improved quality of life for individuals who may otherwise struggle to find affordable housing options. Additionally, by focusing on economic development, the organization plays a crucial role in revitalizing the downtown area, creating a more vibrant and sustainable community for all residents. Overall, Keene Downtown Housing Corporation's work positively contributes to community improvement and social equity in Keene.
This information is meant to be a general summary of Keene Downtown Housing Corporation. 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 2022.
- Investment Income: $3,205
- Gross Receipts: $3,205
Assets and Liabilities:
- Total Assets: $657,536
- Total Liabilities: $0
- Net Assets: $657,536
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Organization Details
Founding Year
1983
Phone
(603) 357-4882Principal Officer
Jason Houston
Main Address
PO BOX 705, KEENE, NH, 034310705
NTEE Category
Code: S31Z - Community improvement
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