Overview
What is Rural Housing For The Elderly Ii Inc?
Rural Housing for the Elderly II is a nonprofit organization that prioritizes offering housing solutions for low-income elderly individuals. Based in Manchester, New Hampshire, the organization operates various programs tailored to the needs of this demographic. They provide affordable housing options, ensuring that elderly individuals in the community can maintain a comfortable living standard. The mission of Rural Housing for the Elderly II is deeply rooted in serving this specific population, demonstrating a commitment to enhancing their quality of life.
Official website here: www.snhs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Star rating)
Rural Housing For The Elderly II Inc has received a Two-Star rating from Charity Navigator, indicating potential concerns in its financial health despite a strong accountability and finance score. The overall score reflects a reliance on a single beacon rating, which primarily assesses financial practices. While the organization excels in various accountability aspects, including a perfect score for its financial statements and policies regarding conflicts of interest and whistleblowers, its high liabilities to assets ratio raises flags about its financial stability.
The nonprofit demonstrates strong program expense management, with a program expense ratio of 90.03%, suggesting that a significant portion of its funds is allocated to its mission. This is a positive indicator of the organization's commitment to its objectives. Additionally, the charity maintains transparency by listing its website on tax forms and documenting board meeting minutes, which speaks to its adherence to good governance practices.
However, the significant liabilities compared to its assets, marked at 187.35%, is a noteworthy limitation that could impact the organization's financial sustainability. While the operational practices are solid, stakeholders might consider this financial metric carefully when assessing the organization's long-term viability. Overall, while the charity has strong accountability measures in place, its financial structure could benefit from improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Rural Housing For The Elderly Ii Inc legitimate?
Rural Housing For The Elderly Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rural Housing For The Elderly Ii 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: $123,578
For more financial information, click here
Official website here: www.snhs.org
What is the mission statement of Rural Housing For The Elderly Ii Inc?
Rural Housing for the Elderly II is dedicated to providing housing solutions for low-income elderly individuals. Through various programs tailored to their needs, the organization offers affordable housing options that cater to this demographic. By doing so, Rural Housing for the Elderly II aims to contribute positively to the well-being of elderly individuals, ensuring they have a suitable living environment. The organization's mission is primarily focused on providing housing solutions, thereby enhancing the quality of life for the elderly population facing financial challenges.
Official website here: www.snhs.org
Who is the CEO of Rural Housing For The Elderly Ii Inc?
James Chaisson is the Chairman of Rural Housing For The Elderly Ii Inc.
Official website here: www.snhs.org
What is the revenue of Rural Housing For The Elderly Ii Inc?
Rural Housing For The Elderly Ii Inc's revenue in 2023 was $671,774.
Official website here: www.snhs.org
Who are the executives of Rural Housing For The Elderly Ii Inc and what are their salaries?
There 54 volunteers at Rural Housing For The Elderly Ii Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $194,607
- Other: $50,621
- Compensation: $0
- Related: $165,830
- Other: $45,914
- Compensation: $0
- Related: $138,549
- Other: $37,952
- Compensation: $0
- Related: $84,826
- Other: $25,770
- Compensation: $0
- Related: $10,503
- Other: $1,721
- Compensation: $0
- Related: $84,809
- Other: $25,558
- Compensation: $0
- Related: $68,743
- Other: $7,545
Official website here: www.snhs.org
Where can I find the form 990 for Rural Housing For The Elderly Ii Inc?
Rural Housing For The Elderly Ii Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.snhs.org
Learn more at the official website: www.snhs.org
Mission Statement of Rural Housing For The Elderly Ii Inc
Rural Housing For The Elderly II, as a nonprofit organization, is dedicated to providing housing solutions for low-income elderly individuals. The mission of this organization is to offer affordable living options that cater to the unique needs of the elderly population. Based on the information provided, it appears that Rural Housing For The Elderly II operates in Manchester, NH, extending its services to elderly and financially disadvantaged individuals in the area. By providing housing, this organization aims to contribute to the well-being and comfort of the elderly community, ensuring they can live with dignity and independence.
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
Rural Housing for the Elderly II Inc's impact is significant in providing housing for low-income elderly individuals in Manchester, NH. By offering affordable housing options and tailored programs to cater to the needs of this demographic, they are ensuring that elderly individuals have a safe and comfortable place to call home. Additionally, by focusing on providing housing solutions for low-income individuals, they are addressing an important issue of housing affordability and accessibility for seniors in the community. This organization's efforts are positively impacting the lives of elderly individuals by providing them with a supportive and secure living environment.
This information is meant to be a general summary of Rural Housing For The Elderly Ii 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: $65
- Program Service Revenue: $388,590
- Gross Receipts: $671,774
Assets and Liabilities:
- Total Assets: $3,015,020
- Total Liabilities: $5,648,754
- Net Assets: -$2,633,734
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.
TENANT RENT
Revenue
$369,590
LAUNDRY & A/C
Revenue
$19,000
Organization Details
Founding Year
1988
Phone
(603) 668-8010Principal Officer
James Chaisson
Main Address
PO BOX 5040, MANCHESTER, NH, 03108
Website
www.snhs.orgNTEE Category
Code: B99Z - Education
If you are a representative of Rural Housing For The Elderly Ii 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.