Overview
What is First Parish Housing Of Fitchburg Inc?
First Parish Housing of Fitchburg Inc is a nonprofit organization that plays a significant role in providing affordable housing solutions for the elderly. Located in Fitchburg, they manage a HUD-regulated apartment building, ensuring that elderly residents can reside comfortably within their means. Their mission is centered around elderly housing, and they strive to make this essential service accessible and affordable. The organization operates under the guidelines set by the U.S. Department of Housing and Urban Development (HUD), ensuring a high standard of living and care for their residents.
Official website here: www.thesundialapartments.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star Rating
First Parish Housing Of Fitchburg Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The charity's score is based solely on its performance in the Accountability & Finance beacon, highlighting its effective governance and transparency practices.
The organization demonstrates robust oversight with a board that is predominantly independent, boasting 77% independent members. It has implemented thorough financial oversight measures, including an active audit committee, and adheres to policies for conflict of interest, whistleblower protections, and document retention. This level of governance positions the organization as a trustworthy steward of donor funds.
In terms of financial efficiency, the charity allocates a significant portion of its budget—81.37%—to program expenses, indicating that most resources are directed towards its mission. The low liabilities to assets ratio of 9.50% further suggests strong financial stability. While the data does not indicate any major limitations, it reflects a well-managed organization focused on its objectives.
This AI summary has been generated from information found on Charity Navigator.
Is First Parish Housing Of Fitchburg Inc legitimate?
First Parish Housing Of Fitchburg Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Parish Housing Of Fitchburg 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: $299,887
For more financial information, click here
Official website here: www.thesundialapartments.com
What is the mission statement of First Parish Housing Of Fitchburg Inc?
First Parish Housing of Fitchburg Inc, as an organization, is dedicated to providing affordable housing for the elderly through the operation of a HUD-regulated apartment building. Their mission is to cater to the elderly population, ensuring they have a suitable living space. The company's activities primarily revolve around managing this apartment building, ensuring it adheres to HUD regulations. By doing so, First Parish Housing of Fitchburg Inc contributes to the well-being of the elderly community, providing them with a place to live that is both affordable and regulated.
Official website here: www.thesundialapartments.com
What is the revenue of First Parish Housing Of Fitchburg Inc?
First Parish Housing Of Fitchburg Inc's revenue in 2023 was $1,236,946.
Official website here: www.thesundialapartments.com
Who are the executives of First Parish Housing Of Fitchburg Inc and what are their salaries?
The average compensation at First Parish Housing Of Fitchburg Inc during 2023 was $23,068. There are 13 employees and 8 volunteers at First Parish Housing Of Fitchburg Inc.
Here are 8 key members and their salaries:
- 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: $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.thesundialapartments.com
Where can I find the form 990 for First Parish Housing Of Fitchburg Inc?
First Parish Housing Of Fitchburg Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thesundialapartments.com
Learn more at the official website: www.thesundialapartments.com
Mission Statement of First Parish Housing Of Fitchburg Inc
First Parish Housing of Fitchburg, as a nonprofit organization, is dedicated to providing affordable housing for the elderly. They oversee a HUD-regulated apartment building specifically designed for this demographic, ensuring they have a comfortable living space. The mission of this organization revolves around managing and operating this residential facility, providing a crucial service for elderly individuals who may have limited financial resources. By offering affordable housing, First Parish Housing of Fitchburg contributes to maintaining the dignity and independence of its residents, enabling them to live out their golden years with a sense of security and stability.
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
First Parish Housing of Fitchburg Inc provides affordable housing for the elderly in Fitchburg, Massachusetts. Their impact can be seen in the improved quality of life for elderly residents who may have otherwise struggled to find suitable and affordable housing options. By owning and operating a HUD-regulated apartment building, First Parish Housing of Fitchburg addresses the crucial need for housing security among the elderly population, ensuring they have a safe and comfortable place to call home. Additionally, this organization contributes to the overall well-being and community support for elderly individuals in Fitchburg.
This information is meant to be a general summary of First Parish Housing Of Fitchburg 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: $10,012
- Program Service Revenue: $1,155,460
- Gross Receipts: $1,236,946
Assets and Liabilities:
- Total Assets: $2,263,507
- Total Liabilities: $215,251
- Net Assets: $2,048,256
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROG.SERV.REVENUE-RELA
Revenue
$1,155,460
Organization Details
Founding Year
1967
Principal Officer
Jim Hohman
Website
www.thesundialapartments.comNTEE Category
Code: L22Z - Housing
If you are a representative of First Parish Housing Of Fitchburg 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.