Overview
What is Granby Homes For Senior Citizens Inc?
Granby Homes for Senior Citizens Inc is a nonprofit organization committed to providing affordable housing options for elderly, disabled, and low-income individuals. They manage 49 housing units, with a mission to ensure these communities have the necessary amenities for comfortable living. Their programs prioritize catering to the needs of their residents, offering them a secure and suitable living environment. [End of response]
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star Rating
Granby Homes For Senior Citizens Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The score reflects a strong emphasis on financial transparency and responsible governance, as it is based entirely on the Accountability & Finance beacon.
The organization boasts a fully independent board, which enhances its governance structure. Notably, it has achieved perfect scores in several key areas, such as its audit and oversight committee, material diversion of assets, and conflict of interest policy. Additionally, the program expense ratio is commendable at 87.84%, indicating that a substantial portion of its resources is dedicated to its mission.
While the overall rating is strong, it should be noted that the score is solely based on financial aspects, which may not capture the full scope of its impact or program effectiveness. Nonetheless, the organization demonstrates a commitment to transparency and responsible management, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Granby Homes For Senior Citizens Inc legitimate?
Granby Homes For Senior Citizens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Granby Homes For Senior Citizens 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 Granby Homes For Senior Citizens Inc?
Granby Homes for Senior Citizens Inc., as an organization, is committed to providing affordable living solutions for elderly, disabled, and low-income individuals. They operate 49 housing units with a mission to offer comfortable accommodations for these communities. Their programs are designed to support these residents, ensuring they have the necessary living conditions to thrive.
Who is the CEO of Granby Homes For Senior Citizens Inc?
William Percival is the Secretary of Granby Homes For Senior Citizens Inc.
What is the revenue of Granby Homes For Senior Citizens Inc?
Granby Homes For Senior Citizens Inc's revenue in 2022 was $515,920.
Who are the executives of Granby Homes For Senior Citizens 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 Granby Homes For Senior Citizens Inc?
Granby Homes For Senior Citizens Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Granby Homes For Senior Citizens Inc
Granby Homes for Senior Citizens is an organization dedicated to providing low-income housing for elderly, disabled, and financially challenged individuals. Their mission is to operate 49 housing units that cater to these communities, ensuring they have comfortable living conditions. The organization's programs are geared towards offering necessary accommodations, enabling these residents to live with dignity and ease.
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Impact
July, 2024
Granby Homes For Senior Citizens Inc provides a crucial service by offering affordable low-income housing for elderly, disabled, and low-income individuals in Granby, CT. Through its operation of 49 housing units, this organization positively impacts the lives of those in need by providing necessary accommodations for them to live comfortably. Their mission to ensure that these communities have access to affordable housing contributes significantly to improving the quality of life for vulnerable populations in the area.
This information is meant to be a general summary of Granby Homes For Senior Citizens 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: $11
- Program Service Revenue: $434,772
- Gross Receipts: $515,920
Assets and Liabilities:
- Total Assets: $1,337,603
- Total Liabilities: $955,778
- Net Assets: $381,825
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$433,152
TENANT CHARGES
Revenue
$1,620
Organization Details
Founding Year
1972
Phone
(860) 653-9233Principal Officer
William Percival
Main Address
259 SALMON BROOK STREET, GRANBY, CT, 06035
NTEE Category
Code: L22 - Housing
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