Overview
What is San Juan Center Elderly Housing In?
San Juan Center Elderly Housing In is a nonprofit organization situated at 1283 Main Street, Hartford, Connecticut 06103. Their primary mission is to provide affordable housing for low to moderate income elderly members of the community. They operate a 36-unit apartment complex in Hartford, catering to the elderly and handicapped under Section 202 of the National Housing Act. With a dedicated workforce of six individuals, San Juan Center Elderly Housing In seeks to enhance the living conditions and support system for the elderly within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Overall Score: 64%, Two-Star out of Four Star rating.
San Juan Center Elderly Housing has received a Two-Star rating from Charity Navigator, indicating significant room for improvement. While the organization excels in accountability and finance, achieving a perfect score of 100%, it struggles notably in financial transparency, with a score of 0 out of 15 for financial statements. This discrepancy highlights a critical area where the organization needs to enhance its reporting practices to increase trust and credibility among donors.
The organization benefits from a fully independent board, scoring 8 out of 8 on majority independent board members and 7 out of 7 on board size. Additionally, it has strong policies in place regarding conflict of interest, whistleblower protections, and document retention, reflecting a commitment to ethical governance. However, the lack of publicly available financial documents and other key financial metrics suggests a need for greater transparency, which could impact donor confidence.
Overall, while San Juan Center Elderly Housing demonstrates strong governance practices, the lack of accessible financial information may hinder its fundraising efforts and community support. Improving financial transparency will be crucial for the organization to build trust and fulfill its mission more effectively.
This AI summary has been generated from information found on Charity Navigator.
Is San Juan Center Elderly Housing In legitimate?
San Juan Center Elderly Housing In is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Juan Center Elderly Housing In 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: $186,957
For more financial information, click here
What is the mission statement of San Juan Center Elderly Housing In?
The San Juan Center Elderly Housing's mission is centered around operating a 36-unit apartment complex, primarily for the elderly and disabled, in accordance with Section 202 of the National Housing Act. This organization's primary objective is to provide housing for the low to moderate income elderly members of the community. In simpler terms, the San Juan Center Elderly Housing aims to offer a residential space that caters to the elderly and disabled individuals with modest incomes, ensuring they have a suitable living environment.
Who is the CEO of San Juan Center Elderly Housing In?
Fernando Betancourt is the Director of San Juan Center Elderly Housing In.
What is the revenue of San Juan Center Elderly Housing In?
San Juan Center Elderly Housing In's revenue in 2022 was $639,931.
Who are the executives of San Juan Center Elderly Housing In and what are their salaries?
The average compensation at San Juan Center Elderly Housing In during 2022 was $31,160. There are 6 employees at San Juan Center Elderly Housing In.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for San Juan Center Elderly Housing In?
San Juan Center Elderly Housing In's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of San Juan Center Elderly Housing In
San Juan Center Elderly Housing In is committed to serving the community by operating a 36-unit apartment complex specifically designed for the elderly and handicapped. This mission is in line with Section 202 of the National Housing Act. The primary objective of this nonprofit organization is to provide housing for low to moderate income elderly individuals, ensuring they have a safe and comfortable living environment. By operating this complex, San Juan Center Elderly Housing In contributes to the well-being of its community's elderly members, providing them with a place to call home.
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Impact
July, 2024
San Juan Center Elderly Housing In provides housing for low to moderate income elderly members of the Hartford community. Their mission is to operate a 36-unit apartment complex in Hartford, CT for the elderly and handicapped under Section 202 of the National Housing Act. This organization has a direct impact on the lives of these individuals by offering affordable and safe housing options, thereby improving their quality of life and ensuring their well-being.
This information is meant to be a general summary of San Juan Center Elderly Housing In. 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: $152
- Program Service Revenue: $58,836
- Gross Receipts: $639,931
Assets and Liabilities:
- Total Assets: $791,681
- Total Liabilities: $1,879,003
- Net Assets: -$1,087,322
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM - RENTS
Revenue
$53,444
MISCELLANEOUS
Revenue
$3,522
LAUNDRY & VENDING
Revenue
$1,870
Organization Details
Founding Year
1985
Phone
(860) 522-2205Principal Officer
Fernando Betancourt
Main Address
1283 MAIN STREET, HARTFORD, CT, 06103
NTEE Category
Code: L22 - Housing
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