Overview
What is St Teresa Of Avila Senior Housing Development Fund Company Inc?
St. Teresa of Avila Senior Housing Development Fund Company Inc is a nonprofit organization situated in Brooklyn, New York, specifically at 191 Joralemon Street. Their primary mission is to provide safe and affordable housing for elderly and disabled individuals with low income, adhering to the guidelines set by the U.S. Department of Housing and Urban Development (HUD) under Section 202 of the National Housing Act. This nonprofit operates a 64-unit housing project to cater to this specific demographic, ensuring they have a secure living environment.
Official website here: www.ccbq.org
What are the reviews and ratings of this charity?
Charity Navigator has rated St Teresa Of Avila Senior Housing Development Fund Company Inc with a Two-Star out of Four Star rating, scoring 66%. This rating reflects moderate performance in accountability and finance, indicating areas that require improvement, particularly in board independence and financial ratios.
One of the strengths of the organization is a high program expense ratio of 92.30%, which suggests that a significant portion of its expenses is directed towards its programs rather than administrative costs. The organization also demonstrates good practices in areas such as audit and oversight, conflict of interest, and whistleblower policies, showing a commitment to governance and ethical standards.
However, the organization struggles with the lack of independent board members, which may raise concerns about governance and oversight. Additionally, a concerning liabilities to assets ratio of 161.88% indicates financial instability that could impact its sustainability. The absence of the tax form on the nonprofit's website also points to transparency issues that may affect trust with potential donors and the general public.
This AI summary has been generated from information found on Charity Navigator.
Is St Teresa Of Avila Senior Housing Development Fund Company Inc legitimate?
St Teresa Of Avila Senior Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Teresa Of Avila Senior Housing Development Fund Company 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
Official website here: www.ccbq.org
What is the mission statement of St Teresa Of Avila Senior Housing Development Fund Company Inc?
St. Teresa of Avila Senior Housing Development Fund Company Inc is dedicated to providing safe and affordable housing solutions for elderly and disabled individuals of low income. Their mission encompasses operating a 64-unit housing project under HUD Section 202 of the National Housing Act, specifically tailored for this demographic. The company's primary objective is to ensure that these vulnerable individuals have access to suitable living conditions, thereby improving their quality of life.
Official website here: www.ccbq.org
Who is the CEO of St Teresa Of Avila Senior Housing Development Fund Company Inc?
Jeanne M Diulio is the Cfo (Thru 12/31/21) of St Teresa Of Avila Senior Housing Development Fund Company Inc. The CEO's salary of St Teresa Of Avila Senior Housing Development Fund Company Inc is $0 and their total compensation is $43,612.
Official website here: www.ccbq.org
What is the revenue of St Teresa Of Avila Senior Housing Development Fund Company Inc?
St Teresa Of Avila Senior Housing Development Fund Company Inc's revenue in 2022 was $928,043.
Official website here: www.ccbq.org
Who are the executives of St Teresa Of Avila Senior Housing Development Fund Company Inc and what are their salaries?
Here are 10 key members and their salaries (St Teresa Of Avila Senior Housing Development Fund Company Inc's CEO's salary is $0 and their total compensation is $43,612):
- Compensation: $0
- Related: $281,091
- Other: $8,117
- Compensation: $0
- Related: $186,761
- Other: $19,438
- Compensation: $0
- Related: $159,468
- Other: $40,415
- Compensation: $0
- Related: $162,994
- Other: $21,195
- Compensation: $0
- Related: $140,193
- Other: $40,597
- Compensation: $0
- Related: $158,241
- Other: $16,129
- Compensation: $0
- Related: $141,607
- Other: $27,615
- Compensation: $0
- Related: $139,730
- Other: $18,149
- Compensation: $0
- Related: $46,097
- Other: $1,504
- Compensation: $0
- Related: $37,111
- Other: $6,501
Official website here: www.ccbq.org
Where can I find the form 990 for St Teresa Of Avila Senior Housing Development Fund Company Inc?
St Teresa Of Avila Senior Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ccbq.org
Learn more at the official website: www.ccbq.org
Mission Statement of St Teresa Of Avila Senior Housing Development Fund Company Inc
St. Teresa of Avila Senior Housing Development Fund Company Inc is committed to providing a vital service for elderly and disabled individuals of low income. Their mission, in simple terms, is to ensure the availability of safe and affordable housing options for this vulnerable group. By owning and operating a 64-unit housing project under HUD Section 202 of the National Housing Act, this nonprofit organization is making a significant contribution to the well-being of its residents. This housing project is specifically designed for elderly and disabled individuals, offering them a secure and affordable living environment. The company's efforts to provide housing for this group not only meets their basic needs but also contributes to their overall quality of life, allowing them to age with dignity and independence.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
St. Teresa of Avila Senior Housing Development Fund Company Inc directly impacts the lives of elderly and disabled individuals of low income by providing safe and affordable housing through its 64-unit housing project in Brooklyn, NY. This organization plays a crucial role in addressing the housing needs of a vulnerable population, ensuring that these individuals have a place to call home where they can live comfortably and independently. By offering housing under HUD Section 202 of the National Housing Project Act, St. Teresa of Avila Senior Housing Development Fund Company Inc contributes to enhancing the quality of life and well-being of its residents.
This information is meant to be a general summary of St Teresa Of Avila Senior Housing Development Fund Company 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: $159
- Program Service Revenue: $924,036
- Gross Receipts: $928,043
Assets and Liabilities:
- Total Assets: $5,840,861
- Total Liabilities: $9,202,809
- Net Assets: -$3,361,948
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$924,036
Organization Details
Founding Year
2002
Phone
(718) 722-6150Principal Officer
Jeanne M Diulio
Main Address
191 JORALEMON STREET, BROOKLYN, NY, 11201
Website
www.ccbq.orgNTEE Category
Code: L22 - Housing
If you are a representative of St Teresa Of Avila Senior Housing Development Fund Company Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.