Overview
What is Diversified Housing Development Inc?
Diversified Housing Development Inc, based in Windsor Mill, Maryland, is a dedicated nonprofit organization with a mission to provide affordable housing options for low- and moderate-income families. Their work strives for economic empowerment and community strengthening. Successfully operating in the community, Diversified Housing Development Inc delivers their program services, while maintaining their settlement and loan assistance programs. Furthermore, they continue to support home retention and foreclosure prevention initiatives. The organization employs a team of five individuals in its mission to make a positive impact on the community.
Official website here: www.diversifiedhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating from Charity Navigator)
Diversified Housing Development Inc has achieved a remarkable Four-Star rating from Charity Navigator, highlighting its strong accountability and financial management practices. The charity scored 96% in the Accountability & Finance category, indicating a high level of transparency and effective governance. A notable 80% of its board members are independent, ensuring unbiased decision-making and oversight.
The organization has demonstrated solid financial health, with a program expense ratio of 85.76%, reflecting a strong commitment to its mission and efficient allocation of resources. Additionally, the absence of any material diversion of assets further underscores its integrity in financial dealings. The charity has implemented essential policies such as conflict of interest and whistleblower protections, contributing to a well-governed organization.
While the data showcases numerous strengths, no significant limitations or negative feedback were mentioned in the reviewed information. Overall, Diversified Housing Development Inc stands out as a responsible and trustworthy nonprofit, dedicated to its cause and effectively managing its resources.
This AI summary has been generated from information found on Charity Navigator.
Is Diversified Housing Development Inc legitimate?
Diversified Housing Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Diversified Housing Development 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: $94,878
Professional Fundraising Fees: $0
Other Salaries and Wages: $84,707
For more financial information, click here
Official website here: www.diversifiedhousing.org
What is the mission statement of Diversified Housing Development Inc?
Diversified Housing Development Inc's mission is focused on promoting affordable housing options for families with low to moderate incomes. This initiative aims to empower these families economically and strengthen the community they serve. The organization's activities are centered around providing affordable housing, maintaining settlement and loan assistance programs, and continuing foreclosure and home retention programs. These efforts are all designed to support the community and improve living conditions for low-income families.
Official website here: www.diversifiedhousing.org
Who is the CEO of Diversified Housing Development Inc?
Shavaugn Jackson is the Executive Director of Diversified Housing Development Inc.
Official website here: www.diversifiedhousing.org
What is the revenue of Diversified Housing Development Inc?
Diversified Housing Development Inc's revenue in 2022 was $831,815.
Official website here: www.diversifiedhousing.org
Who are the executives of Diversified Housing Development Inc and what are their salaries?
The average compensation at Diversified Housing Development Inc during 2022 was $35,917. There are 5 employees at Diversified Housing Development Inc.
Here are 4 key members and their salaries:
- Compensation: $96,748
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.diversifiedhousing.org
Where can I find the form 990 for Diversified Housing Development Inc?
Diversified Housing Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.diversifiedhousing.org
Learn more at the official website: www.diversifiedhousing.org
Mission Statement of Diversified Housing Development Inc
Diversified Housing Development Inc, a notable nonprofit organization, is committed to promoting affordable housing options for families with low and moderate incomes. Their mission is twofold: firstly, to empower these families economically, and secondly, to strengthen the community they serve. By providing affordable housing, Diversified Housing Development Inc seeks to contribute to the economic growth and well-being of the community, ultimately fostering a stronger and more inclusive society.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Diversified Housing Development Inc's impact can be seen in the promotion of affordable housing options for low and moderate-income families, resulting in economic empowerment and the strengthening of the community they serve. Their successful provision of program services, maintenance of settlement and loan assistance programs, as well as their effective implementation of foreclosure and home retention programs, have positively impacted the community in Windsor Mill, MD. Through their efforts, Diversified Housing Development Inc has played a crucial role in addressing housing needs and fostering economic stability for individuals and families in the area.
This information is meant to be a general summary of Diversified Housing Development 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.
- Gross Receipts: $831,815
Assets and Liabilities:
- Total Assets: $1,641,369
- Total Liabilities: $713,006
- Net Assets: $928,363
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2002
Principal Officer
Shavaugn Jackson
Main Address
8025 LIBERTY ROAD, WINDSOR MILL, MD, 21244
Website
www.diversifiedhousing.orgNTEE Category
Code: L25 - Housing
If you are a representative of Diversified Housing Development Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.