Overview
What is Foh Inc?
Foh Inc, based in New Haven, Connecticut, is a nonprofit organization primarily focused on providing housing solutions for individuals and families with low to moderate incomes. Their mission includes the acquisition, restoration, and maintenance of properties to meet this need. Beyond housing, Foh Inc also supports community functions and infrastructure, contributing to the overall well-being of the neighborhoods they serve. Their work is essentially centered around enhancing living conditions for those in need, ensuring a decent place to call home.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star Rating)
Foh Inc has achieved a score of 67%, reflecting a mix of strengths and weaknesses in its operations. The organization boasts a fully independent board, which is a positive indicator of governance, as it enhances accountability. Additionally, Foh Inc has an impressive program expense ratio of 100%, suggesting that all of its expenditures are directed towards its mission-related activities.
However, the charity faces significant challenges in terms of transparency and adherence to best practices. It has not made key financial statements available, nor does it have essential policies such as a conflict of interest policy or a whistleblower policy in place. Furthermore, the absence of a listed website on its tax form raises concerns about accessibility and public engagement.
Overall, while the strong program expense ratio and independent governance are commendable, Foh Inc must address its transparency issues and implement critical policies to improve its accountability and finance score.
This AI summary has been generated from information found on Charity Navigator.
Is Foh Inc legitimate?
Foh Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foh 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: $0
For more financial information, click here
What is the mission statement of Foh Inc?
Foh Inc's mission is centered around acquiring, restoring, and maintaining affordable housing for individuals and families with moderate income. Beyond this, the organization also supports the infrastructure and various community functions. In essence, Foh Inc is dedicated to providing suitable living spaces while contributing to the overall well-being of the community. Their operational focus lies primarily in managing rental properties for those with moderate income.
Who is the CEO of Foh Inc?
Daniel Greer is the President of Foh Inc.
What is the revenue of Foh Inc?
Foh Inc's revenue in 2022 was $678,219.
Who are the executives of Foh Inc and what are their salaries?
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 Foh Inc?
Foh Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Foh Inc
Foh Inc, a nonprofit organization, is dedicated to acquiring, restoring, and maintaining housing for low and moderate-income tenants and families. Its mission extends beyond providing shelter, as it also supports the neighborhood infrastructure and other community functions. By operating rental properties, Foh Inc plays a crucial role in ensuring that individuals and families with limited financial means have access to safe and affordable housing. This commitment to housing and community support enables Foh Inc to contribute positively to the well-being of its residents and the overall neighborhood.
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Impact
July, 2024
Foh Inc's impact lies in its commitment to acquiring, restoring, and maintaining housing for low and moderate-income tenants and families in New Haven, CT. By providing affordable rental properties, Foh Inc is directly addressing the housing needs of vulnerable populations in the community. Additionally, their support of the neighborhood infrastructure and other community functions contributes to the overall well-being and stability of the area. This organization plays a crucial role in ensuring that low-income individuals and families have access to safe and affordable housing options, ultimately making a positive impact on the community as a whole.
This information is meant to be a general summary of Foh 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: $69
- Program Service Revenue: $608,150
- Gross Receipts: $678,219
Assets and Liabilities:
- Total Assets: $2,011,252
- Total Liabilities: $0
- Net Assets: $2,011,252
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$608,150
Organization Details
Founding Year
1994
Principal Officer
Daniel Greer
Main Address
PO BOX 3389, NEW HAVEN, CT, 06515
NTEE Category
Code: L25 - Housing
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