Overview
What is Catherine Booth Friendship House Residence Inc?
Catherine Booth Friendship House Residence Inc, based in Brookhaven, Georgia (GA 30329), is a nonprofit organization dedicated to providing affordable housing for the elderly, handicapped, and disabled. Established with the purpose of owning and operating a 96-unit apartment facility, the organization's mission centers around ensuring access to comfortable living spaces for these vulnerable populations in Fort Worth, Texas.
Official website here: www.uss.salvationarmy
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Star Rating)
Catherine Booth Friendship House Residence Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance based solely on its Accountability & Finance score. The organization scored 66%, reflecting strengths in specific areas such as an audit and oversight committee, conflict of interest policy, and good documentation practices. Notably, it has a high program expense ratio of 88.13%, suggesting that a significant portion of its funds is directed towards its programs.
However, the organization faces challenges with its governance structure, as it has not appointed any independent board members, which raises concerns about accountability. The liabilities to assets ratio is significantly high at 157.40%, indicating potential financial vulnerabilities that could affect its operational stability. Additionally, while the organization has strong financial practices, it fell short by not posting its tax form on its website, which is a transparency issue.
Overall, while Catherine Booth Friendship House Residence Inc demonstrates a commitment to its programs and has established several financial and operational policies, it will need to address its governance and financial management issues to improve its rating and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Catherine Booth Friendship House Residence Inc legitimate?
Catherine Booth Friendship House Residence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catherine Booth Friendship House Residence 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
Official website here: www.uss.salvationarmy
What is the mission statement of Catherine Booth Friendship House Residence Inc?
Catherine Booth Friendship House Residence Inc is committed to providing affordable housing for the elderly, handicapped, and disabled individuals. As an organization, they operate a 96-unit apartment facility to offer a living space for those in need. Their mission is centered around ensuring that these groups of people have access to affordable housing, providing them with a safe and comfortable living environment.
Official website here: www.uss.salvationarmy
What is the revenue of Catherine Booth Friendship House Residence Inc?
Catherine Booth Friendship House Residence Inc's revenue in 2023 was $718,389.
Official website here: www.uss.salvationarmy
Who are the executives of Catherine Booth Friendship House Residence Inc and what are their salaries?
Here are 23 key members and their salaries:
- Compensation: $0
- Related: $45,733
- Other: $35,230
- Compensation: $0
- Related: $77,215
- Other: $10,898
- Compensation: $0
- Related: $126,919
- Other: $31,894
- Compensation: $0
- Related: $43,973
- Other: $47,440
- Compensation: $0
- Related: $48,313
- Other: $21,038
- Compensation: $0
- Related: $31,711
- Other: $32,884
- Compensation: $0
- Related: $47,118
- Other: $34,954
- Compensation: $0
- Related: $50,187
- Other: $31,420
- Compensation: $0
- Related: $45,314
- Other: $35,678
- Compensation: $0
- Related: $53,232
- Other: $34,750
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $36,169
- Other: $31,705
- Compensation: $0
- Related: $83,629
- Other: $33,808
- Compensation: $0
- Related: $29,375
- Other: $0
- Compensation: $0
- Related: $47,073
- Other: $27,076
- Compensation: $0
- Related: $202,406
- Other: $28,030
- Compensation: $0
- Related: $47,123
- Other: $30,017
- Compensation: $0
- Related: $40,203
- Other: $14,512
- Compensation: $0
- Related: $39,429
- Other: $37,919
- Compensation: $0
- Related: $54,205
- Other: $24,571
- Compensation: $0
- Related: $10,104
- Other: $29,216
- Compensation: $0
- Related: $10,238
- Other: $14,512
- Compensation: $0
- Related: $48,425
- Other: $14,512
Official website here: www.uss.salvationarmy
Where can I find the form 990 for Catherine Booth Friendship House Residence Inc?
Catherine Booth Friendship House Residence Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.uss.salvationarmy
Learn more at the official website: www.uss.salvationarmy
Mission Statement of Catherine Booth Friendship House Residence Inc
Catherine Booth Friendship House Residence Inc is committed to providing affordable housing for the elderly, handicapped, and disabled individuals. Established with this mission in mind, the organization operates a 96-unit apartment facility in Fort Worth, Texas, specifically catering to the elderly and disadvantaged population. By offering affordable housing, this nonprofit aims to provide a safe and comfortable living environment for those who may be struggling financially or face challenges due to their age or disability. The organization's mission is a vital contribution to ensuring that these individuals have access to basic needs, contributing to their overall well-being and quality of life.
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Impact
July, 2024
Catherine Booth Friendship House Residence Inc's impact lies in providing affordable housing for the elderly, handicapped, and disabled individuals in Fort Worth, Texas. The organization owns and operates a 96-unit apartment facility, offering a place to live for those in need in the community. Their mission of providing housing to vulnerable populations helps improve their quality of life and ensure they have a safe and secure place to call home. Through their services, Catherine Booth Friendship House Residence Inc directly impacts the lives of those who may have limited options for housing, thereby contributing to the well-being of the community as a whole.
This information is meant to be a general summary of Catherine Booth Friendship House Residence 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: $6,721
- Program Service Revenue: $297,455
- Gross Receipts: $718,389
Assets and Liabilities:
- Total Assets: $3,990,619
- Total Liabilities: $6,281,533
- Net Assets: -$2,290,914
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$314,902
LAUNDRY & VENDING
Revenue
$4,295
TENANT CHARGES
Revenue
$2,282
VACANCY
Revenue
-$24,024
Organization Details
Founding Year
2002
Principal Officer
Kelly Igleheart
Website
www.uss.salvationarmyNTEE Category
Code: L22 - Housing
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