Overview
What is Shalom Housing Inc?
Shalom Housing Inc is a nonprofit organization situated in Warwick, Rhode Island, specifically at 1 Shalom Drive. Their primary mission is to provide housing solutions for the elderly and mobility-impaired individuals, as well as those with low income. This is facilitated through their involvement in HUD-financed housing under Section 202. With a team of nine dedicated employees, Shalom Housing Inc strives to make a significant difference in the lives of their residents, ensuring they have a safe and suitable living environment.
Official website here: www.jfsri.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Shalom Housing Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and finance. With an impressive accountability score of 92%, the organization demonstrates effective governance practices, including a fully independent board composed of 20 members. The charity has consistently maintained high standards in financial transparency and oversight, as evidenced by its comprehensive audit and oversight committee.
The organization excels in various financial metrics, showing a low liabilities-to-assets ratio of 6.94% and a program expense ratio of 84.89%. This indicates that a significant portion of its funding is directed towards its programs and services rather than administrative expenses. Furthermore, Shalom Housing Inc has policies in place regarding conflict of interest and document retention, underscoring its dedication to ethical management.
However, a noted limitation is the absence of a whistleblower policy, for which it scored zero points. While this does not overshadow the overall positive assessment, it highlights an area for improvement in promoting a transparent and secure environment for reporting concerns. Overall, Shalom Housing Inc stands out as a financially responsible nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Shalom Housing Inc legitimate?
Shalom Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shalom Housing 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: $368,641
For more financial information, click here
Official website here: www.jfsri.org
What is the mission statement of Shalom Housing Inc?
Shalom Housing Inc's mission is centered around providing housing for individuals who fall into specific categories. This includes the elderly and those with mobility impairments, all of whom also qualify as low-income tenants. The organization operates under the umbrella of HUD-financed housing, specifically Section 202. Their primary goal is to ensure that these vulnerable groups have suitable and affordable housing options available to them.
Official website here: www.jfsri.org
Who is the CEO of Shalom Housing Inc?
Marisa Garber is the Chair of Shalom Housing Inc. The CEO's salary of Shalom Housing Inc is $0 and their total compensation is $202,354.
Official website here: www.jfsri.org
What is the revenue of Shalom Housing Inc?
Shalom Housing Inc's revenue in 2022 was $1,661,259.
Official website here: www.jfsri.org
Who are the executives of Shalom Housing Inc and what are their salaries?
The average compensation at Shalom Housing Inc during 2022 was $40,960. There are 9 employees and 2 volunteers at Shalom Housing Inc.
Here are 27 key members and their salaries (Shalom Housing Inc's CEO's salary is $0 and their total compensation is $202,354):
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- Related: $196,264
- Other: $6,090
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- Related: $126,551
- Other: $11,867
- Compensation: $0
- Related: $98,753
- Other: $2,963
Official website here: www.jfsri.org
Where can I find the form 990 for Shalom Housing Inc?
Shalom Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jfsri.org
Learn more at the official website: www.jfsri.org
Mission Statement of Shalom Housing Inc
Shalom Housing Inc, a nonprofit organization, is dedicated to providing housing solutions for the elderly and those with mobility impairments who fall under the low-income bracket. This is accomplished through the utilization of housing funded by the U.S. Department of Housing and Urban Development (HUD), under Section 202. The mission of Shalom Housing Inc is to create an environment where these individuals can live with dignity and independence, ensuring they have access to safe, affordable, and comfortable housing. By prioritizing the needs of its tenants, the organization contributes to enhancing the quality of life for the elderly and mobility-impaired community.
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Impact
July, 2024
Shalom Housing Inc's impact is significant in providing housing for elderly, mobility-impaired, and low-income tenants under HUD-financed housing in Warwick, RI. Their mission focuses on offering low-income housing for the elderly and mobility-impaired individuals, thereby addressing a crucial need in the community. Their efforts contribute to ensuring that vulnerable populations have access to safe and affordable housing, fostering a sense of security and community for those they serve.
This information is meant to be a general summary of Shalom Housing 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: $2,807
- Program Service Revenue: $1,642,096
- Gross Receipts: $1,661,259
Assets and Liabilities:
- Total Assets: $2,918,226
- Total Liabilities: $149,090
- Net Assets: $2,769,136
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$1,642,096
Organization Details
Founding Year
1978
Phone
(401) 738-4414Principal Officer
Marisa Garber
Main Address
1 SHALOM DRIVE, WARWICK, RI, 02886
Website
www.jfsri.orgNTEE Category
Code: L210 - Housing
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