Overview
What is Shalom Ii Housing Inc?
Shalom Ii Housing Inc is a nonprofit organization devoted to addressing the housing needs of the elderly with limited income. They accomplish this by providing suitable living accommodations, supported by funding from the U.S. Department of Housing and Urban Development (HUD), specifically through the Housing (Sec. 202) program. This initiative enables Shalom Ii Housing Inc to offer low income housing options for the elderly community, ensuring they have access to safe and comfortable living environments.
Official website here: www.jfsri.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating
Shalom II Housing Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The organization’s overall score is calculated based entirely on its accountability measures, which it excels in, indicating a high level of transparency and responsibility in its financial practices.
Key strengths of Shalom II Housing include having a fully independent board of directors, with 20 members, and no material diversion of assets reported. Additionally, the charity maintains a high program expense ratio of 79.37%, suggesting that a significant portion of its expenditures directly supports its mission-related programs. The presence of a conflict of interest policy and proper documentation practices further enhances its governance framework.
One area noted for improvement is the absence of a whistleblower policy, which is currently missing from its governance documents. While this does not detract significantly from its overall financial responsibility, addressing this gap could bolster its commitment to accountability and ethical practices. Overall, Shalom II Housing demonstrates a strong foundation in financial integrity, making it a reliable organization for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Shalom Ii Housing Inc legitimate?
Shalom Ii Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shalom Ii 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: $91,401
For more financial information, click here
Official website here: www.jfsri.org
What is the mission statement of Shalom Ii Housing Inc?
Shalom Ii Housing Inc. is committed to providing affordable housing solutions for the elderly. They achieve this mission by offering housing options that are financed under the HUD's Section 202 program. The organization's goal is to ensure that elderly individuals with limited income have access to decent and safe living spaces. Shalom Ii Housing Inc.'s activities are centered around facilitating housing options that cater to the needs of the elderly, aiming to improve their quality of life.
Official website here: www.jfsri.org
Who is the CEO of Shalom Ii Housing Inc?
Marisa Garber is the Chair of Shalom Ii Housing Inc. The CEO's salary of Shalom Ii Housing Inc is $0 and their total compensation is $202,354.
Official website here: www.jfsri.org
What is the revenue of Shalom Ii Housing Inc?
Shalom Ii Housing Inc's revenue in 2022 was $481,868.
Official website here: www.jfsri.org
Who are the executives of Shalom Ii Housing Inc and what are their salaries?
The average compensation at Shalom Ii Housing Inc during 2022 was $45,700. There are 2 employees and 1 volunteer at Shalom Ii Housing Inc.
Here are 27 key members and their salaries (Shalom Ii 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 Ii Housing Inc?
Shalom Ii 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 Ii Housing Inc
Shalom II Housing Inc is committed to providing low-income housing solutions for the elderly. They achieve this mission by offering housing options that are financed under the HUD-backed Housing program, specifically Section 202. This Section 202 program provides essential resources, enabling Shalom II Housing Inc to create and maintain affordable living spaces for the elderly population, ensuring they can age with dignity and independence.
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Impact
July, 2024
Shalom II Housing Inc has a significant impact on the community by providing low-income housing for the elderly in Warwick, RI. Their mission is to offer housing options under HUD-financed Housing (Sec. 202) to meet the needs of this vulnerable population. By providing affordable housing options, Shalom II Housing Inc helps improve the quality of life for low-income elderly individuals, ensuring they have a safe and comfortable place to call home. The organization's work directly contributes to promoting the health and well-being of elderly individuals in the community.
This information is meant to be a general summary of Shalom Ii 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: $619
- Program Service Revenue: $475,445
- Gross Receipts: $481,868
Assets and Liabilities:
- Total Assets: $884,413
- Total Liabilities: $73,006
- Net Assets: $811,407
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTAL REVENUE
Revenue
$475,445
Organization Details
Founding Year
1994
Phone
(401) 738-4414Principal Officer
Marisa Garber
Main Address
2 SHALOM DRIVE, WARWICK, RI, 02886
Website
www.jfsri.orgNTEE Category
Code: E91Z - Health
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