Overview
What is Ahi Ezer Housing Development Fund Corp?
Ahi Ezer Housing Development Fund Corp is a nonprofit organization that focuses on providing subsidized housing solutions for low-income senior citizens. Their primary mission is to ensure senior citizens have access to affordable housing, as stated in their activity or mission description. The organization's purpose is to enhance the living conditions of this specific demographic, thus contributing to their overall well-being. The details provided do not specify the location or any additional programs or services offered by the organization.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65% (Two-Star out of Four Star rating)
Ahi Ezer Housing Development Fund Corp has received a Two-Star rating from Charity Navigator, primarily due to its Accountability & Finance score of 65%. This rating indicates some concerns regarding the organization's financial health and transparency, despite having strong governance features such as a fully independent board and no material diversion of assets.
The organization demonstrates solid financial accountability with high scores in areas like financial statement audits and program expense ratios. However, it lacks in web-based transparency, particularly regarding essential policy disclosures and the posting of tax forms on its website. These shortcomings may impact public trust and the organization’s overall effectiveness.
While Ahi Ezer has shown commitment to maintaining a strong governance structure, the low liabilities to assets ratio raises concerns about financial stability. Potential donors and stakeholders may want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Ahi Ezer Housing Development Fund Corp legitimate?
Ahi Ezer Housing Development Fund Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahi Ezer Housing Development Fund Corp 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: $353,274
For more financial information, click here
What is the mission statement of Ahi Ezer Housing Development Fund Corp?
Ahi Ezer Housing Development Fund Corp is committed to providing subsidized housing solutions for low-income senior citizens. Their mission is to ensure that these senior citizens have access to suitable living arrangements. The organization focuses on this specific demographic, aiming to enhance their quality of life and provide them with the necessary housing support they require. The corporation's activities primarily revolve around senior housing, offering affordable and subsidized options to eligible individuals. This initiative aims to alleviate the housing burden for these senior citizens, allowing them to maintain their independence and dignity.
Who is the CEO of Ahi Ezer Housing Development Fund Corp?
Hyman Escava is the President of Ahi Ezer Housing Development Fund Corp.
What is the revenue of Ahi Ezer Housing Development Fund Corp?
Ahi Ezer Housing Development Fund Corp's revenue in 2022 was $1,666,086.
Who are the executives of Ahi Ezer Housing Development Fund Corp and what are their salaries?
The average compensation at Ahi Ezer Housing Development Fund Corp during 2022 was $35,327. There are 10 employees at Ahi Ezer Housing Development Fund Corp.
Here are 3 key members and their salaries:
- 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 Ahi Ezer Housing Development Fund Corp?
Ahi Ezer Housing Development Fund Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ahi Ezer Housing Development Fund Corp
Ahi Ezer Housing Development Fund Corp is committed to providing affordable housing solutions for senior citizens with low income. Their mission, simply put, is to offer subsidized housing for this specific demographic. This organization is dedicated to ensuring that elderly individuals, who may be financially challenged, have access to comfortable and suitable living arrangements. Their focus is on senior citizens, making them a valuable resource in addressing the housing needs of this vulnerable group.
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Impact
July, 2024
Ahi Ezer Housing Development Fund Corp positively impacts the community by providing subsidized housing for low-income senior citizens in Brooklyn, NY. Their mission to ensure that elderly individuals have access to affordable and safe housing demonstrates their commitment to addressing a critical need within the community. By offering subsidized housing options, Ahi Ezer helps alleviate financial burdens for seniors living on limited incomes, allowing them to maintain a sense of stability and security in their living arrangements. This organization's focus on housing for low-income seniors plays a significant role in enhancing the quality of life for older individuals in the community.
This information is meant to be a general summary of Ahi Ezer Housing Development Fund Corp. 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: $665
- Program Service Revenue: $251,283
- Gross Receipts: $1,666,086
Assets and Liabilities:
- Total Assets: $2,552,950
- Total Liabilities: $2,804,843
- Net Assets: -$251,893
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENTS/TENANTS RENT
Revenue
$251,283
Organization Details
Founding Year
1978
Phone
(718) 998-0155Principal Officer
Hyman Escava
Main Address
1960 EAST 7TH STREET, BROOKLYN, NY, 11223
NTEE Category
Code: L20 - Housing
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