Overview
What is Independent Housing I Inc C/O Carr Property Management Inc?
Independent Housing I Inc, under the management of Carr Property Management Inc, is a nonprofit organization committed to serving the needs of the elderly and handicapped community. Their mission is to provide affordable housing solutions for individuals who fall under the low and moderate income bracket. By offering accommodations tailored to this demographic, they aim to enhance the quality of life for the elderly and handicapped, ensuring they have a secure and comfortable living space. Their programs are designed with this specific population in mind, ensuring they receive the care and support they need.
What are the reviews and ratings of this charity?
Charity Navigator Rating 91% - Four-Star out of Four Star Rating
Independent Housing I Inc achieved a strong 91% score on Charity Navigator, reflecting a high level of accountability and financial management. The organization boasts a Four-Star rating, indicating that it adheres to best practices in nonprofit governance and transparency. The score is entirely derived from their Accountability & Finance metrics, showcasing their commitment to responsible financial oversight.
Strengths of the organization include having a fully independent board, with all eight members meeting the criteria for independence. They also have a comprehensive audit and oversight committee, policies in place for conflict of interest and whistleblower protections, and robust documentation practices. Their low liabilities to assets ratio further illustrates their sound financial health.
While the program expense ratio is solid at 67.20%, indicating that a significant portion of their budget is allocated to programs rather than administrative costs, it leaves room for improvement to reach optimal standards. Overall, Independent Housing I Inc demonstrates strong governance and fiscal responsibility, earning the trust of donors and stakeholders alike.
This AI summary has been generated from information found on Charity Navigator.
Is Independent Housing I Inc C/O Carr Property Management Inc legitimate?
Independent Housing I Inc C/O Carr Property Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independent Housing I Inc C/O Carr Property Management 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 Independent Housing I Inc C/O Carr Property Management Inc?
Independent Housing I, under the management of Carr Property Management Inc, is committed to providing housing solutions for the elderly and handicapped. They achieve this by operating programs that offer affordable living accommodations for individuals with low to moderate income, who fall into these categories. The organization's mission is to ensure that these vulnerable groups have a place to call home, enhancing their quality of life. Through these initiatives, Independent Housing I aims to contribute positively to the community, providing a supportive environment for its residents.
Who is the CEO of Independent Housing I Inc C/O Carr Property Management Inc?
William G Sheehan is the Director of Independent Housing I Inc C/O Carr Property Management Inc.
What is the revenue of Independent Housing I Inc C/O Carr Property Management Inc?
Independent Housing I Inc C/O Carr Property Management Inc's revenue in 2022 was $3,924,583.
Who are the executives of Independent Housing I Inc C/O Carr Property Management Inc and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Independent Housing I Inc C/O Carr Property Management Inc?
Independent Housing I Inc C/O Carr Property Management Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Independent Housing I Inc C/O Carr Property Management Inc
Independent Housing I, a renowned organization, is dedicated to providing housing solutions for the elderly and handicapped. Through its programs, this nonprofit offers affordable accommodations catering to low and moderate income tenants who fall into these categories. By doing so, Independent Housing I contributes significantly to ensuring that these vulnerable individuals have a safe and comfortable living environment. The organization's mission is to serve as a beacon of hope, providing a sense of independence and security to those who need it most, thereby enhancing their overall quality of life.
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Impact
July, 2024
Independent Housing I Inc C/O Carr Property Management Inc's impact is significant in providing housing for the elderly and handicapped in East Longmeadow, MA. Their programs offer affordable accommodations for low and moderate-income tenants who are elderly or handicapped, addressing a critical need for this vulnerable population. By ensuring access to safe and affordable housing, Independent Housing I Inc positively impacts the well-being and quality of life of elderly and handicapped individuals in the community.
This information is meant to be a general summary of Independent Housing I Inc C/O Carr Property Management 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: $1,932
- Program Service Revenue: $1,514,488
- Gross Receipts: $4,022,318
Assets and Liabilities:
- Total Assets: $9,419,408
- Total Liabilities: $2,793,784
- Net Assets: $6,625,624
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,330,489
SERVICE COORDINATOR INCOME
Revenue
$183,999
Organization Details
Founding Year
1966
Phone
(413) 525-4321Principal Officer
William G Sheehan
Main Address
24 DEER PARK DRIVE, EAST LONGMEADOW, MA, 01028
NTEE Category
Code: L200 - Housing
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