Overview
What is Shepherd's Farm Senior Housing At West Deptford Inc?
Shepherd's Farm Senior Housing At West Deptford Inc is a nonprofit organization situated in Deptford, New Jersey, specifically at the CO Housing Authority of Gloucester. Their primary purpose is to provide affordable housing for elderly individuals, with their rents being subsidized by the Department of Housing and Urban Development. This organization is dedicated to serving the elderly population, ensuring their physical, social, and psychological needs are met through housing facilities and services. The goal is to promote their health, security, happiness, and usefulness in prolonged living, with the costs for these facilities and services determined based on their provision, maintenance, and operation on a nonprofit basis.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 71%, Two-Star out of Four Star rating.
Shepherd's Farm Senior Housing At West Deptford Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in accountability and financial management. The organization has demonstrated strong governance practices, with a fully independent board and a solid audit and oversight committee, which reflects a commitment to transparency and ethical operations.
However, there are notable financial concerns, particularly highlighted by a liabilities to assets ratio of 121.79%, signaling potential instability. Additionally, the organization has missed several important compliance indicators, including the posting of tax forms and the establishment of a whistleblower policy, which could raise concerns about its adherence to best practices in nonprofit management.
Despite these challenges, the charity maintains a commendable program expense ratio of 77.41%, indicating that a significant portion of its funds is directed toward its mission. Addressing the identified weaknesses could enhance its overall rating and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Shepherd's Farm Senior Housing At West Deptford Inc legitimate?
Shepherd's Farm Senior Housing At West Deptford Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shepherd's Farm Senior Housing At West Deptford 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.
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What is the mission statement of Shepherd's Farm Senior Housing At West Deptford Inc?
Shepherd's Farm Senior Housing At West Deptford Inc's mission is centered around providing affordable rental housing for elderly individuals. The mission is further expanded to ensure that these elderly persons reside in facilities and receive services tailored to meet their physical, social, and psychological needs. The organization aims to promote their health, security, happiness, and usefulness in longer living. Notably, the charges for these facilities and services are sustained on a non-profit basis, with the provision, maintenance, and operation of such facilities being the primary focus.
Who is the CEO of Shepherd's Farm Senior Housing At West Deptford Inc?
Robert Waite is the Trustee/President of Shepherd's Farm Senior Housing At West Deptford Inc.
What is the revenue of Shepherd's Farm Senior Housing At West Deptford Inc?
Shepherd's Farm Senior Housing At West Deptford Inc's revenue in 2023 was $827,284.
Who are the executives of Shepherd's Farm Senior Housing At West Deptford 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 Shepherd's Farm Senior Housing At West Deptford Inc?
Shepherd's Farm Senior Housing At West Deptford Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Shepherd's Farm Senior Housing At West Deptford Inc
Shepherd's Farm Senior Housing At West Deptford Inc is dedicated to providing affordable rental housing for elderly individuals. The organization's mission is twofold. Firstly, it aims to offer housing facilities and services that cater specifically to the physical, social, and psychological needs of the elderly. This includes promoting their health, security, happiness, and usefulness in longer living. Secondly, the charges for these facilities and services are determined based on the provision, maintenance, and operation of the housing on a nonprofit basis. In essence, Shepherd's Farm Senior Housing At West Deptford Inc is committed to enhancing the living conditions and well-being of elderly persons by providing them with suitable housing and services, all while ensuring affordability.
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Impact
July, 2024
Shepherd's Farm Senior Housing At West Deptford Inc's impact lies in providing affordable rental housing to elderly persons, with rents subsidized by the Department of Housing and Urban Development. Their mission is to offer housing facilities and services tailored to meet the physical, social, and psychological needs of the elderly, promoting their health, security, happiness, and usefulness in longer living. By operating on a subsidized basis, Shepherd's Farm Senior Housing enables elderly individuals to access safe and supportive living environments, enhancing their quality of life and well-being.
This information is meant to be a general summary of Shepherd's Farm Senior Housing At West Deptford 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: $123
- Program Service Revenue: $820,223
- Gross Receipts: $827,284
Assets and Liabilities:
- Total Assets: $6,492,062
- Total Liabilities: $7,907,167
- Net Assets: -$1,415,105
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL SUBSIDY
Revenue
$481,079
TENANT RENT
Revenue
$339,144
Organization Details
Founding Year
2005
Phone
(856) 342-4130Principal Officer
Robert Waite
Main Address
CO HOUSING AUTHORITY OF GLOUCESTER, DEPTFORD, NJ, 08096
NTEE Category
Code: L22 - Housing
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