Overview
What is Senior Citizens Hsg Dev Corp South Boston Inc?
Senior Citizens Hsg Dev Corp South Boston Inc is a nonprofit organization, located in Plantation, Florida, primarily focused on providing affordable housing for the elderly and individuals with disabilities. Regulated and assisted by the Department of Housing and Urban Development (HUD), this organization operates with a dedicated team of three individuals. Their mission involves managing low-income housing facilities, ensuring that elderly and handicapped residents have access to suitable living spaces. This nonprofit's work aims to enhance the quality of life for its residents, providing them with a secure and comfortable living environment.
Official website here: www.ehdoc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 76% (Three-Star out of Four Star rating)
Senior Citizens Hsg Dev Corp South Boston Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The charity scored particularly well in areas like the independence of its board members and the oversight of financial statements, suggesting a well-structured governance framework and responsible financial management.
However, there are some noted limitations. While the organization performed admirably in many categories, it lacks specific policies, such as a conflict of interest policy and a whistleblower policy, which could enhance its transparency and integrity. Additionally, its program expense ratio of 63.66% indicates that while a majority of resources are directed towards programs, there is room for improvement in maximizing the impact of its expenditures.
Overall, the charity demonstrates a commendable commitment to accountability, yet can further strengthen its operational practices by addressing the missing policies and improving its program expense ratio. This balanced perspective can be helpful for potential donors and stakeholders assessing the organization's effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Senior Citizens Hsg Dev Corp South Boston Inc legitimate?
Senior Citizens Hsg Dev Corp South Boston Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Citizens Hsg Dev Corp South Boston 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: $133,315
For more financial information, click here
Official website here: www.ehdoc.org
What is the mission statement of Senior Citizens Hsg Dev Corp South Boston Inc?
Senior Citizens Housing Development Corporation South Boston Inc's mission is centered around providing low-income housing for the elderly and handicapped. This organization operates under the regulation and assistance of the Department of Housing and Urban Development (HUD). Their primary goal is to offer a living space for this specific group of individuals, ensuring they have a secure and suitable environment to reside in. By doing so, they contribute to the well-being and independence of these vulnerable groups, providing them with a much-needed sense of stability and comfort.
Official website here: www.ehdoc.org
Who is the CEO of Senior Citizens Hsg Dev Corp South Boston Inc?
Melanie Ribeiro is the Director of Senior Citizens Hsg Dev Corp South Boston Inc.
Official website here: www.ehdoc.org
What is the revenue of Senior Citizens Hsg Dev Corp South Boston Inc?
Senior Citizens Hsg Dev Corp South Boston Inc's revenue in 2022 was $738,049.
Official website here: www.ehdoc.org
Who are the executives of Senior Citizens Hsg Dev Corp South Boston Inc and what are their salaries?
The average compensation at Senior Citizens Hsg Dev Corp South Boston Inc during 2022 was $44,438. There are 3 employees at Senior Citizens Hsg Dev Corp South Boston Inc.
Here are 8 key members and their salaries:
- Compensation: $346,895
- Related: $0
- Other: $110,937
- Compensation: $26,541
- Related: $0
- Other: $4,777
- 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.ehdoc.org
Where can I find the form 990 for Senior Citizens Hsg Dev Corp South Boston Inc?
Senior Citizens Hsg Dev Corp South Boston Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ehdoc.org
Learn more at the official website: www.ehdoc.org
Mission Statement of Senior Citizens Hsg Dev Corp South Boston Inc
Senior Citizens Housing Development Corporation South Boston Inc is dedicated to providing low-income housing for the elderly and individuals with disabilities. This nonprofit organization is regulated and supported by the Department of Housing and Urban Development (HUD). Its mission is to create an environment that caters to the specific needs of this vulnerable population, ensuring they have access to safe and affordable housing. By operating housing facilities under the guidance of HUD, Senior Citizens Housing Development Corporation South Boston Inc contributes to enhancing the quality of life for the elderly and disabled individuals, providing them with a secure living space.
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Impact
July, 2024
Senior Citizens Hsg Dev Corp South Boston Inc's impact is significant in providing affordable housing for the elderly and handicapped individuals in Plantation, FL. By operating low-income housing regulated and assisted by the Department of Housing and Urban Development (HUD), this organization plays a crucial role in ensuring that vulnerable populations have access to safe and suitable housing options. Through their mission of providing and maintaining such residences, they contribute to enhancing the quality of life for elderly and handicapped individuals in the community, promoting independence and well-being. Their work aligns with the broader societal goal of addressing housing needs and advocating for the rights and dignity of these individuals.
This information is meant to be a general summary of Senior Citizens Hsg Dev Corp South Boston 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: $1,225
- Program Service Revenue: $736,382
- Gross Receipts: $738,049
Assets and Liabilities:
- Total Assets: $2,377,182
- Total Liabilities: $98,947
- Net Assets: $2,278,235
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYMENTS
Revenue
$472,238
TENANT RENT
Revenue
$264,144
Organization Details
Founding Year
1990
Phone
(954) 835-9200Principal Officer
Melanie Ribeiro
Main Address
1200 SOUTH PINE ISLAND ROAD STE 725, PLANTATION, FL, 33324
Website
www.ehdoc.orgNTEE Category
Code: L22 - Housing
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