Overview
What is Housing For Independent Living Inc?
Housing For Independent Living Inc is a nonprofit organization situated in Kingston, Massachusetts, with a primary focus on developing and managing low-income housing facilities for elderly and handicapped individuals. Their mission is deeply rooted in ensuring these vulnerable populations have access to suitable living spaces. By doing so, they contribute to fostering an inclusive and supportive community where every individual can maintain their independence and dignity.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Housing For Independent Living Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. The organization excels in its governance, with a fully independent board and strong policies in place for conflict of interest and whistleblower protections. The financial oversight is robust, as evidenced by a high program expense ratio of 96.23%, which suggests that a significant portion of its budget is directed towards its mission.
The accountability and finance score of 79% reflects positively on the organization’s operational practices. The charity maintains effective financial oversight, with an audit and oversight committee in place that scores full points. Additionally, the availability of documented meeting minutes and a strong document retention policy further showcase its commitment to transparency.
While the organization has demonstrated many strengths in governance and financial responsibility, potential donors might want to consider additional qualitative aspects, such as the impact of its programs and community feedback. Overall, Housing For Independent Living Inc shows a commendable commitment to its mission and responsible management of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Housing For Independent Living Inc legitimate?
Housing For Independent Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing For Independent Living 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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What is the mission statement of Housing For Independent Living Inc?
Housing For Independent Living Inc is dedicated to a significant mission. Their primary objective is to develop and manage affordable housing options for the elderly and individuals with disabilities. This mission aims to provide suitable living spaces for those who may have limited income, ensuring they maintain their independence and dignity. The organization's activities are centered around creating and managing such housing facilities, thereby contributing to the well-being and self-sufficiency of these communities.
Who is the CEO of Housing For Independent Living Inc?
Christine Macdonald is the Vice Chair of Housing For Independent Living Inc. The CEO's salary of Housing For Independent Living Inc is $0 and their total compensation is $0.
What is the revenue of Housing For Independent Living Inc?
Housing For Independent Living Inc's revenue in 2023 was $1,121,093.
Who are the executives of Housing For Independent Living Inc and what are their salaries?
Here are 22 key members and their salaries (Housing For Independent Living Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Housing For Independent Living Inc?
Housing For Independent Living Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Housing For Independent Living Inc
Housing For Independent Living Inc, a nonprofit organization, is dedicated to a noble mission. Their primary focus is on developing and managing affordable housing options for the elderly and individuals with disabilities. This mission seeks to provide these vulnerable groups with a secure living environment, fostering their independence and enabling them to live with dignity. By overseeing the construction and management of low-income housing, Housing For Independent Living Inc aims to create safe and accessible living spaces that cater to the unique needs of its residents.
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Impact
July, 2024
Housing For Independent Living Inc's impact is profound in providing affordable housing for elderly and handicapped individuals. Through their efforts, they ensure that this vulnerable population has access to safe and secure housing options, promoting independence and improving their quality of life. Their initiative plays a crucial role in addressing housing challenges faced by marginalized communities, making a positive difference in the lives of those they serve.
This information is meant to be a general summary of Housing For Independent Living 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: $3,729
- Program Service Revenue: $386,115
- Gross Receipts: $1,121,093
Assets and Liabilities:
- Total Assets: $1,639,830
- Total Liabilities: $3,475,407
- Net Assets: -$1,835,577
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$386,115
Organization Details
Founding Year
1979
Phone
(781) 422-4200Principal Officer
Christine Macdonald
Main Address
169 SUMMER STREET, KINGSTON, MA, 02364
NTEE Category
Code: L20Z - Housing
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