Overview
What is Shawme Heights Ii Inc?
Shawme Heights II Inc is a nonprofit organization situated in Sandwich, Massachusetts. Their primary focus is on providing affordable housing options to low-income families, the elderly, and individuals with disabilities. They offer housing units under Section 8 and 202 programs, which are federal initiatives designed to support such communities. The organization's mission is centered around this low-income housing, ensuring that those in need have a safe and suitable living environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Shawme Heights II Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The charity's overall score is derived entirely from its accountability metrics, indicating a focus on sound financial practices and transparency. The 94% score showcases the organization’s commitment to responsible management of resources.
Strengths identified include a fully independent board, with all 9 members having no conflicts of interest, and strong financial oversight, as evidenced by perfect scores in auditing and related policies. The organization also demonstrates effective financial health metrics, such as a low liabilities to assets ratio and a significant proportion of expenses directed toward programs, which stands at 74.11%.
While the data does not highlight specific areas for improvement, the high scores across various accountability metrics suggest that Shawme Heights II Inc is well-managed. Overall, it presents a favorable picture for donors and stakeholders looking for a fiscally responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Shawme Heights Ii Inc legitimate?
Shawme Heights Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shawme Heights 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: $123,303
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What is the mission statement of Shawme Heights Ii Inc?
Shawme Heights II Inc is dedicated to providing low-income housing options. This is achieved through the implementation of Section 8 and 202 housing programs. The organization makes fifty housing units available to families, the elderly, and individuals with disabilities, catering to their housing needs. The mission of Shawme Heights II Inc is centered around offering affordable housing solutions, thereby contributing to the well-being of these vulnerable groups.
Who is the CEO of Shawme Heights Ii Inc?
Erin B Frost is the Treasurer of Shawme Heights Ii Inc.
What is the revenue of Shawme Heights Ii Inc?
Shawme Heights Ii Inc's revenue in 2023 was $588,317.
Who are the executives of Shawme Heights Ii Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Shawme Heights Ii Inc?
Shawme Heights Ii Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Shawme Heights Ii Inc
Shawme Heights II Inc is dedicated to providing affordable housing solutions for low-income families, the elderly, and individuals with disabilities. This nonprofit organization achieves this mission through the Section 8 and 202 Housing Program, offering a total of 50 housing units. By making these units available, Shawme Heights II Inc contributes to ensuring that these vulnerable groups have access to safe and secure living spaces, thereby enhancing their quality of life.
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Impact
July, 2024
Shawme Heights II Inc provides crucial low-income housing opportunities under Section 8 and 202 programs. With fifty housing units available in Sandwich, MA, this organization makes a significant impact by offering affordable housing to low-income families, the elderly, and the handicapped. Through their mission of providing low-income housing, Shawme Heights II Inc plays a vital role in addressing housing insecurity and improving the quality of life for marginalized individuals in the community.
This information is meant to be a general summary of Shawme Heights 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: $653
- Program Service Revenue: $279,555
- Gross Receipts: $588,317
Assets and Liabilities:
- Total Assets: $3,823,368
- Total Liabilities: $449,780
- Net Assets: $3,373,588
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RENTAL INCOME
Revenue
$279,555
Organization Details
Phone
(617) 566-1026Principal Officer
Erin B Frost
Main Address
5 LEVERIDGE LANE, SANDWICH, MA, 02563
NTEE Category
Code: L22 - Housing
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