Overview
What is Northern Lights Housing Corporation C/O Ahead Inc?
Northern Lights Housing Corporation, working under the umbrella of Ahead Inc., is a nonprofit organization situated in Littleton, New Hampshire. Their primary mission is to provide affordable housing for the elderly and individuals with disabilities. They accomplish this by developing, owning, and managing subsidized residential units and related facilities, ensuring that eligible individuals have suitable living spaces. This nonprofit organization is dedicated to enhancing the quality of life for these groups by offering them secure and appropriate housing accommodations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64% - Two-Star out of Four Star rating
Northern Lights Housing Corporation C/O Ahead Inc has received a Two-Star rating from Charity Navigator, indicating that it has areas needing improvement, particularly in governance and transparency. The overall score reflects a mix of strengths and weaknesses in accountability and financial practices, with specific concerns noted regarding the board's independence and size.
The organization exhibits strong financial oversight, with a perfect score for its audit and oversight committee, as well as for its conflict of interest and whistleblower policies. Additionally, the program expense ratio is commendable, suggesting that a significant portion of its resources is directed towards its programs. However, the lack of independent board members raises questions about governance and impartiality.
Limitations include the absence of a website listing on the tax form and not posting its tax documents publicly, which could affect transparency. The liabilities to assets ratio also scored poorly, indicating potential financial risk. Overall, while Northern Lights Housing Corporation C/O Ahead Inc shows some positive attributes, improvements in governance practices and transparency are necessary for greater accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Northern Lights Housing Corporation C/O Ahead Inc legitimate?
Northern Lights Housing Corporation C/O Ahead Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northern Lights Housing Corporation C/O Ahead 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 Northern Lights Housing Corporation C/O Ahead Inc?
Northern Lights Housing Corporation, in partnership with Ahead Inc, has a mission to develop, manage, and maintain subsidized residential housing units and related facilities. This mission is specifically tailored towards accommodating elderly individuals and those living with disabilities who meet the qualification criteria. The primary objective is to provide affordable housing solutions for these individuals, ensuring they can live in a secure and supportive environment. The corporation's activities involve owning and managing these facilities, ensuring they meet the necessary standards of comfort and accessibility for their residents.
Who is the CEO of Northern Lights Housing Corporation C/O Ahead Inc?
Susan Retz is the President of Northern Lights Housing Corporation C/O Ahead Inc.
What is the revenue of Northern Lights Housing Corporation C/O Ahead Inc?
Northern Lights Housing Corporation C/O Ahead Inc's revenue in 2022 was $770,602.
Who are the executives of Northern Lights Housing Corporation C/O Ahead Inc and what are their salaries?
There 9 volunteers at Northern Lights Housing Corporation C/O Ahead Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $61,718
- Other: $17,198
- Compensation: $0
- Related: $43,789
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $8,768
- Other: $1,274
- Compensation: $0
- Related: $72,458
- Other: $16,133
Where can I find the form 990 for Northern Lights Housing Corporation C/O Ahead Inc?
Northern Lights Housing Corporation C/O Ahead Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Northern Lights Housing Corporation C/O Ahead Inc
Northern Lights Housing Corporation C/O Ahead Inc is dedicated to a significant mission. This mission involves developing, owning, and managing subsidized residential housing units and associated facilities for individuals who fall into two categories: the elderly and individuals living with disabilities. By providing such accommodations, the organization strives to cater to the unique needs of these qualified individuals, ensuring they have access to suitable housing. This mission is instrumental in enhancing their quality of life, offering them a place they can call home.
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Impact
July, 2024
Northern Lights Housing Corporation C/O Ahead Inc's impact includes providing subsidized rental housing for the elderly and disabled in LITTLETON, NH. Their work focuses on developing, owning, and managing subsidized residential housing units and related facilities for qualified individuals, providing much-needed support for vulnerable populations in the community.
This information is meant to be a general summary of Northern Lights Housing Corporation C/O Ahead 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: $87
- Program Service Revenue: $764,642
- Gross Receipts: $770,602
Assets and Liabilities:
- Total Assets: $1,690,251
- Total Liabilities: $1,825,768
- Net Assets: -$135,517
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$716,035
Tenant Charges
Revenue
$32,720
Misc Revenue
Revenue
$9,454
Laundry Income
Revenue
$6,433
Organization Details
Founding Year
1979
Phone
(603) 444-1377Principal Officer
Susan Retz
Main Address
262 Cottage Street, Littleton, NH, 03561
NTEE Category
Code: L210 - Housing
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