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Kings Daughters And Sons Housing Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 060915002 ✦ Norwalk, CT ✦ Designated as a 501(c)(3)

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Overview

What is Kings Daughters And Sons Housing Inc?

Kings Daughters and Sons Housing Inc is a nonprofit organization located at 152 Westport Ave, Norwalk, CT 06851. Their primary mission is to provide affordable housing for elderly men and women aged 62 and above, utilizing the Section 8 subsidy program through the U.S. Department of Housing and Urban Development. With a workforce of 16 individuals, they strive to cater to the housing needs of this demographic, providing them with a safe and comfortable living environment.


Official website here: www.kingswayseniorhousing.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 84% (Three-Star out of Four Star rating)

Kings Daughters And Sons Housing Inc has received an 84% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. This score reflects the organization's commitment to transparency and responsible financial management, with all evaluation metrics aligning positively.

The organization boasts an independent board of directors, scoring 100% for having all members independent. Furthermore, it has no reported material diversions of assets, and its financial oversight measures, including an Audit and Oversight Committee, received full marks. With a high program expense ratio of 89.10%, the nonprofit effectively allocates a significant portion of its resources towards its mission.

However, there are noted weaknesses in the governance framework, particularly the absence of a conflict of interest policy and a whistleblower policy, which are important for ensuring ethical practices. Addressing these gaps could enhance their overall accountability and governance standards even further.


This AI summary has been generated from information found on Charity Navigator.

Is Kings Daughters And Sons Housing Inc legitimate?

Kings Daughters And Sons Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kings Daughters And Sons 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: $273,503
Professional Fundraising Fees: $0
Other Salaries and Wages: $513,076

For more financial information, click here


Official website here: www.kingswayseniorhousing.org

What is the mission statement of Kings Daughters And Sons Housing Inc?

Kings Daughters and Sons Housing Inc. is committed to providing affordable housing for elderly men and women aged 62 and above. They achieve this mission by utilizing the Section 8 subsidy program, which is overseen by the United States Department of Housing and Urban Development. The primary objective is to offer a living space for this age group, ensuring they have access to secure and low-income housing options. This initiative helps older individuals maintain a decent standard of living while providing them with a supportive and age-appropriate community.


Official website here: www.kingswayseniorhousing.org

Who is the CEO of Kings Daughters And Sons Housing Inc?

James Kennedy is the Chairman of Kings Daughters And Sons Housing Inc. The CEO's salary of Kings Daughters And Sons Housing Inc is $170,100 and their total compensation is $203,433.


Official website here: www.kingswayseniorhousing.org

What is the revenue of Kings Daughters And Sons Housing Inc?

Kings Daughters And Sons Housing Inc's revenue in 2022 was $3,200,658.


Official website here: www.kingswayseniorhousing.org

Who are the executives of Kings Daughters And Sons Housing Inc and what are their salaries?

The average compensation at Kings Daughters And Sons Housing Inc during 2022 was $49,161. There are 16 employees and 20 volunteers at Kings Daughters And Sons Housing Inc.


Here are 11 key members and their salaries (Kings Daughters And Sons Housing Inc's CEO's salary is $170,100 and their total compensation is $203,433):


Timothy Callahan (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Diberardino (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Toohill (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Devine (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Fitzgerald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Binetti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruben Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nelsy Urban (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Ab Suchy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mariel Rubin (Chief Operating Officer)
  • Compensation: $103,403
  • Related: $0
  • Other: $14,202
James Kennedy (Ceo)
  • Compensation: $170,100
  • Related: $0
  • Other: $33,333


Official website here: www.kingswayseniorhousing.org

Where can I find the form 990 for Kings Daughters And Sons Housing Inc?

Kings Daughters And Sons Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kingswayseniorhousing.org

Learn more at the official website: www.kingswayseniorhousing.org

Mission Statement of Kings Daughters And Sons Housing Inc

Kings Daughters and Sons Housing Inc is dedicated to providing low-income housing solutions for elderly men and women who are 62 years of age or older. The organization accomplishes this mission by leveraging the Section 8 subsidy program, a resource provided by the United States Department of Housing and Urban Development. This program allows Kings Daughters and Sons Housing Inc to offer affordable housing options, ensuring that senior citizens have access to safe and comfortable living spaces. The organization's commitment to providing housing for elderly individuals is crucial in helping them maintain their independence and dignity as they age.

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Impact




July, 2024

Kings Daughters And Sons Housing Inc makes a significant impact by providing low-income housing for elderly men and women aged 62 and above in Norwalk, CT. Through the utilization of the Section 8 subsidy program offered by the US Department of Housing and Urban Development, the organization ensures that these vulnerable individuals have access to safe and affordable housing. By addressing a critical need in the community, Kings Daughters And Sons Housing Inc plays a vital role in improving the quality of life for elderly residents who may otherwise struggle to find suitable housing options.




This information is meant to be a general summary of Kings Daughters And Sons 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.

Revenue
$3,200,658 (2022)
Expenses
$3,256,446 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $385
  • Program Service Revenue: $3,160,896
  • Gross Receipts: $3,200,658

Assets and Liabilities:

  • Total Assets: $5,547,762
  • Total Liabilities: $245,879
  • Net Assets: $5,301,883

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOW INCOME HOUSING REN

Revenue

$3,160,896

Organization Details

Founding Year

1969

Principal Officer

James Kennedy

Main Address

152 WESTPORT AVE, NORWALK, CT, 06851

NTEE Category

Code: L22Z - Housing

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