Overview
What is Salmon Creek Housing Inc?
Salmon Creek Housing Inc, located in Juneau, Alaska, is a nonprofit organization dedicated to serving the needs of low-income disabled individuals. Their primary mission is to provide HUD-subsidized housing, ensuring these individuals have access to safe and affordable living spaces. This nonprofit is committed to supporting their community, providing a crucial service that enhances the quality of life for many individuals in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Salmon Creek Housing Inc has earned a Three-Star rating from Charity Navigator, indicating a fair level of organizational performance. The rating reflects its accountability and financial practices, particularly noting its strong governance structure with 100% independent board members and clear policies in place for conflict of interest and whistleblowing.
The nonprofit demonstrates a strong commitment to its mission with a program expense ratio of 80.97%, which suggests that a significant portion of its funds is directed toward its programs rather than administrative costs. However, it faces a concern with a liabilities to assets ratio of 127.66%, indicating that its liabilities exceed its assets, which could pose potential financial challenges.
Overall, Salmon Creek Housing Inc shows strengths in governance and program expenses but needs to address its financial liabilities to ensure long-term sustainability. The organization is transparent about its policies and procedures, which contributes positively to its accountability score.
This AI summary has been generated from information found on Charity Navigator.
Is Salmon Creek Housing Inc legitimate?
Salmon Creek Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salmon Creek Housing 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:
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Other Salaries and Wages: $15,371
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What is the mission statement of Salmon Creek Housing Inc?
Salmon Creek Housing Inc., as a mission, is dedicated to providing subsidized housing solutions for low-income individuals with disabilities, ensured by the HUD. Their primary objective is to make housing accessible for this specific demographic, thereby enhancing their living conditions and overall quality of life. The organization's activities are centered around securing and managing HUD-subsidized housing units, ensuring that those in need have a safe and affordable place to call home.
Who is the CEO of Salmon Creek Housing Inc?
Deb Percy is the President of Salmon Creek Housing Inc.
What is the revenue of Salmon Creek Housing Inc?
Salmon Creek Housing Inc's revenue in 2023 was $102,806.
Who are the executives of Salmon Creek Housing Inc and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Salmon Creek Housing Inc?
Salmon Creek Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Salmon Creek Housing Inc
Salmon Creek Housing Inc is dedicated to serving the needs of low-income individuals with disabilities. Their mission, in simple terms, is to provide them with subsidized housing. This organization plays a crucial role in ensuring these individuals have a stable and secure living environment. By leveraging funding from the HUD, Salmon Creek Housing Inc is able to make housing more affordable, enabling these individuals to focus on other aspects of their lives. The organization's mission is instrumental in promoting inclusivity and equality, providing a sense of independence and dignity to those who might otherwise face housing challenges due to their disabilities and limited income.
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Impact
October, 2024
Salmon Creek Housing Inc has a significant impact on the community by providing crucial HUD-subsidized housing specifically tailored for low-income disabled individuals in Juneau, AK. By offering affordable housing options, it helps alleviate the financial burden faced by vulnerable populations, allowing them to secure stable living conditions. This support not only promotes independence and dignity among disabled individuals but also fosters a sense of belonging within the community. The organization plays a vital role in enhancing the quality of life for its residents by ensuring access to safe and accessible housing, thereby contributing to their overall well-being and integration into the fabric of Juneau.
This information is meant to be a general summary of Salmon Creek Housing 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: $8
- Program Service Revenue: $29,111
- Gross Receipts: $102,806
Assets and Liabilities:
- Total Assets: $650,173
- Total Liabilities: $830,021
- Net Assets: -$179,848
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program service revenu
Revenue
$29,111
Organization Details
Founding Year
2003
Phone
(907) 463-3303Principal Officer
Deb Percy
Main Address
3406 Glacier Highway, Juneau, AK, 99801
NTEE Category
Code: P73 - Human services
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