Overview
What is Senior Citizens Housing Development Corporation Of Sullivan County Inc?
Senior Citizens Housing Development Corporation of Sullivan County Inc is a nonprofit organization situated in Keene, New Hampshire. Their primary mission is to provide affordable senior housing in the Charlestown area. They operate a 20-unit apartment complex for the elderly, which falls under Section 202 of the National Housing Act and is regulated by the U.S. Department of Housing and Urban Development (HUD). The project's major program involves Section 202 Capital Advance and Rental Assistance, with a significant portion of the rental income coming from HUD. In summary, the corporation is dedicated to enhancing senior living standards in the Charlestown community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating. This rating highlights the Senior Citizens Housing Development Corporation Of Sullivan County Inc's commitment to accountability and finance, with a significant focus on its governance structure and policy transparency.
The organization scored exceptionally well in several key areas, such as having a fully independent board and no material diversion of assets, which indicates strong oversight and ethical management. Additionally, the presence of robust policies, including conflict of interest and whistleblower protections, reflects a solid framework for operational integrity.
However, the rating is based solely on financial accountability, suggesting that users may want to consider additional factors such as program effectiveness and impact when evaluating the nonprofit. Overall, while the organization demonstrates strong financial governance, potential donors and supporters may seek further insights into its programs and services.
This AI summary has been generated from information found on Charity Navigator.
Is Senior Citizens Housing Development Corporation Of Sullivan County Inc legitimate?
Senior Citizens Housing Development Corporation Of Sullivan County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Citizens Housing Development Corporation Of Sullivan County 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: $0
For more financial information, click here
What is the mission statement of Senior Citizens Housing Development Corporation Of Sullivan County Inc?
The Senior Citizens Housing Development Corporation of Sullivan County Inc's mission is centered around providing affordable housing options for the elderly. Specifically, their mission is to create a 20-unit apartment complex designed for senior residents. This project falls under Section 202 of the National Housing Act and is regulated by the U.S. Department of Housing and Urban Development (HUD). The corporation's primary program involves Section 202 Capital Advance and Rental Assistance, with a significant portion of the rental income derived from HUD. In essence, their mission is to offer affordable senior housing solutions.
Who is the CEO of Senior Citizens Housing Development Corporation Of Sullivan County Inc?
Beth Daniels is the President of Senior Citizens Housing Development Corporation Of Sullivan County Inc.
What is the revenue of Senior Citizens Housing Development Corporation Of Sullivan County Inc?
Senior Citizens Housing Development Corporation Of Sullivan County Inc's revenue in 2022 was $194,058.
Who are the executives of Senior Citizens Housing Development Corporation Of Sullivan County Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $117,571
- Other: $21,745
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $107,633
- Other: $31,769
- Compensation: $0
- Related: $97,061
- Other: $37,358
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Senior Citizens Housing Development Corporation Of Sullivan County Inc?
Senior Citizens Housing Development Corporation Of Sullivan County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Senior Citizens Housing Development Corporation Of Sullivan County Inc
Senior Citizens Housing Development Corporation of Sullivan County Inc is committed to providing affordable senior housing in its mission. Situated in an unspecified location, the organization operates a 20-unit apartment complex specifically for the elderly. This project is regulated by the U.S. Department of Housing and Urban Development (HUD) with regards to rental charges and operational methods. The primary program that drives this project is Section 202 Capital Advance and Rental Assistance. A substantial portion of the project's rental income is received from HUD, indicating a strong alliance between the nonprofit and the government agency in ensuring affordable senior housing.
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Impact
October, 2024
Senior Citizens Housing Development Corporation of Sullivan County Inc. significantly impacts the community by providing affordable housing specifically designed for elderly residents in Charlestown, NH. The development includes a 20-unit apartment complex that meets essential housing needs for seniors, enhancing their quality of life and promoting independence.
By operating under Section 202 of the National Housing Act and being regulated by the U.S. Department of Housing and Urban Development (HUD), the organization ensures that rental charges are within reach for low-income seniors, alleviating financial burdens that can often accompany aging. The incorporation of rental assistance programs allows for stable housing options, making it possible for elderly individuals to live in dignity and comfort.
Moreover, this initiative fosters a sense of community among seniors, offering a supportive environment that encourages social interaction, safety, and accessibility. As a result, Senior Citizens Housing Development Corporation of Sullivan County Inc. plays a vital role in addressing the housing crisis faced by aging individuals, promoting not only their living conditions but also their overall well-being in the region.
This information is meant to be a general summary of Senior Citizens Housing Development Corporation Of Sullivan County 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 2022.
- Investment Income: $14
- Program Service Revenue: $92,325
- Gross Receipts: $194,058
Assets and Liabilities:
- Total Assets: $571,039
- Total Liabilities: $1,552,972
- Net Assets: -$981,933
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$92,325
Organization Details
Founding Year
1998
Phone
(603) 352-7512Principal Officer
Beth Daniels
Main Address
63 COMMUNITY WAY PO BOX 603, KEENE, NH, 03431
NTEE Category
Code: L21 - Housing
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