Overview
What is Weston Community Housing Inc?
Weston Community Housing Inc, located in Weston, Massachusetts, is a dedicated nonprofit organization with a mission to provide housing solutions for the elderly with limited income. With a modest workforce of two individuals, they specialize in the development, rental, and management of such housing facilities. By offering affordable accommodations, they aim to support this vulnerable population, ensuring they maintain a decent standard of living.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Weston Community Housing Inc has achieved an 86% score, reflecting a solid performance in the area of accountability and finance. This score is based entirely on one beacon score, underscoring the organization’s commitment to maintaining high financial integrity and operational transparency. The charity has an independent board comprising entirely independent members, which enhances its governance structure.
The organization demonstrates strong financial practices, including a perfect program expense ratio, indicating that all funds are directed toward its programs. Furthermore, it has scored perfectly in areas such as audit oversight and asset management, suggesting effective use of resources and compliance with best practices in nonprofit management. These strengths position Weston Community Housing Inc favorably in terms of accountability to its donors and stakeholders.
However, while the financial metrics are commendable, the rating reflects solely on financial accountability without insight into programmatic effectiveness or impact. Potential donors may want to consider looking into the organization's outcomes and community impact for a more comprehensive understanding of its mission and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Weston Community Housing Inc legitimate?
Weston Community Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Weston Community 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:
Executive Compensation: $47,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,276
For more financial information, click here
What is the mission statement of Weston Community Housing Inc?
Weston Community Housing Inc's mission revolves around the development, rental, and management of housing facilities. The organization is dedicated to serving the needs of elderly individuals with low and moderate incomes. By providing such housing, Weston Community Housing Inc aims to contribute to their residents' comfort and well-being. The company's mission is to ensure that these individuals have access to secure and affordable housing. Moreover, the organization manages these properties effectively, ensuring a positive living experience for its residents.
Who is the CEO of Weston Community Housing Inc?
Helen Chang is the President/Director of Weston Community Housing Inc.
What is the revenue of Weston Community Housing Inc?
Weston Community Housing Inc's revenue in 2023 was $605,258.
Who are the executives of Weston Community Housing Inc and what are their salaries?
The average compensation at Weston Community Housing Inc during 2023 was $33,138. There are 2 employees at Weston Community Housing Inc.
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- Compensation: $47,000
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Where can I find the form 990 for Weston Community Housing Inc?
Weston Community Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Weston Community Housing Inc
Weston Community Housing Inc is dedicated to the development, rental, and management of housing for low and moderate-income elderly individuals. This nonprofit organization aims to provide suitable living accommodations for this specific demographic, ensuring their comfort and security. By overseeing the development, rental, and management of these housing units, Weston Community Housing Inc contributes to the well-being of the elderly community, ensuring they have access to affordable and appropriate housing options.
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Impact
July, 2024
Weston Community Housing Inc provides crucial housing options for low and moderate-income elderly individuals in Weston, MA. By focusing on the development, rental, and management of housing tailored to this demographic, the organization plays a vital role in ensuring that vulnerable members of the community have access to safe and affordable housing options. This not only helps to address the housing needs of a specific demographic but also contributes to the overall well-being and quality of life of elderly individuals in the area.
This information is meant to be a general summary of Weston Community 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: $7,412
- Program Service Revenue: $597,710
- Gross Receipts: $605,258
Assets and Liabilities:
- Total Assets: $4,954,520
- Total Liabilities: $1,729,460
- Net Assets: $3,225,060
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW/MODERATE INCOME HO
Revenue
$597,710
Organization Details
Founding Year
1976
Phone
(781) 891-7010Principal Officer
Helen Chang
Main Address
23 VILLAGE ROAD, WESTON, MA, 02493
NTEE Category
Code: L22Z - Housing
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