Overview
What is Hillside Elderly Housing Inc?
Hillside Elderly Housing Inc is a nonprofit organization that specializes in providing affordable housing for the elderly. Situated in an undisclosed location, the organization operates 51 units, catering specifically to senior citizens and retirees. The primary mission of Hillside Elderly Housing Inc is to ensure that low-income elderly individuals have access to suitable living spaces, making it an integral part of the senior citizens housing and retirement communities sector.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star Rating)
Hillside Elderly Housing Inc has achieved a 75% score, earning it a Three-Star rating, which reflects a solid performance in terms of accountability and finance. The overall score is based exclusively on its accountability and finance metrics, indicating that the organization maintains a strong focus on transparency and responsible financial management.
The nonprofit demonstrates several strengths, including a fully independent board with all eight members meeting the criteria for independence. Additionally, there are no reported material diversions of assets, and the organization has effective policies in place regarding conflicts of interest and document retention. Their program expense ratio is commendable at 82.18%, which suggests that a significant portion of their funds is directed towards their mission-related activities.
Despite its strengths, the rating also implies that there may be room for improvement in areas outside of accountability and finance, as the score does not encompass other potential metrics such as impact or effectiveness. Overall, Hillside Elderly Housing Inc displays a commitment to financial accountability, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Hillside Elderly Housing Inc legitimate?
Hillside Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hillside Elderly 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: $120,674
For more financial information, click here
What is the mission statement of Hillside Elderly Housing Inc?
Hillside Elderly Housing Inc is dedicated to providing affordable living accommodations for senior citizens. Their mission is achieved through the operation of 51 units, catering specifically to the elderly population. This non-profit organization falls under the category of senior citizens housing and retirement communities. Its primary objective is to offer a comfortable and affordable living environment for low-income elderly individuals.
Who is the CEO of Hillside Elderly Housing Inc?
Mabel Peterson is the Director of Hillside Elderly Housing Inc.
What is the revenue of Hillside Elderly Housing Inc?
Hillside Elderly Housing Inc's revenue in 2022 was $620,612.
Who are the executives of Hillside Elderly Housing Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Hillside Elderly Housing Inc?
Hillside Elderly Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hillside Elderly Housing Inc
Hillside Elderly Housing Inc is committed to providing affordable housing for the elderly who are of low income. This nonprofit organization operates with 51 units, catering specifically to senior citizens and retirement communities. The mission of Hillside Elderly Housing Inc is to ensure that elderly individuals have a place to call home, despite their financial circumstances. By providing low income elderly housing, the organization aims to provide a sense of security and stability for this vulnerable population. The focus on senior citizens housing and retirement communities reflects Hillside Elderly Housing Inc's dedication to meeting the unique needs of the elderly, offering them a comfortable and secure living environment.
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Impact
July, 2024
Hillside Elderly Housing Inc's impact is evident in its provision of low-income elderly housing through its 51 units in North Haven, CT. By offering affordable housing options for seniors, the organization plays a crucial role in ensuring that elderly individuals have a safe and comfortable place to call home. This not only addresses the housing needs of this demographic but also contributes to their overall well-being and quality of life. Through their mission of providing senior citizens with housing, Hillside Elderly Housing Inc positively impacts the community by supporting the older population and promoting dignity and security for elderly individuals.
This information is meant to be a general summary of Hillside Elderly 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: $126
- Program Service Revenue: $620,486
- Gross Receipts: $620,612
Assets and Liabilities:
- Total Assets: $1,532,808
- Total Liabilities: $34,778
- Net Assets: $1,498,030
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$620,486
Organization Details
Founding Year
1990
Phone
(860) 350-6505Principal Officer
Mabel Peterson
Main Address
127 WASHINGTON AVENUE 5TH FL EAST, NORTH HAVEN, CT, 06473
NTEE Category
Code: L99Z - Housing
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