Overview
What is Catherine Sheridan Hdfc?
Catherine Sheridan Hdfc is a nonprofit organization dedicated to offering safe and affordable housing solutions for elderly and disabled individuals of low income. Based in Brooklyn, New York, specifically at 191 Joralemon Street, this organization operates a 202-section HUD-insured housing project, providing a home for 241 residents. Their primary mission is to support this vulnerable demographic, ensuring they have access to secure living spaces that cater to their unique needs.
Official website here: www.ccbq.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Stars)
Catherine Sheridan Hdfc has received a Two-Star rating from Charity Navigator, indicating concerns primarily regarding accountability and financial management. The score reflects a significant lack of independent board members, which raises questions about governance and oversight within the organization. While the charity has a favorable score in areas like financial statements and the absence of material diversion of assets, the overall performance is undermined by its board composition.
On a positive note, the organization demonstrates a strong commitment to transparency with policies for conflicts of interest, whistleblowing, and document retention. However, despite these strengths, the failure to post the tax form on its website as required is a notable limitation. Additionally, the high liabilities to assets ratio suggests potential financial instability, which can be concerning for stakeholders.
Overall, while Catherine Sheridan Hdfc shows dedication in certain governance practices and program expenses, the lack of independent oversight and transparency issues may necessitate improvements to fully gain public trust and enhance its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Catherine Sheridan Hdfc legitimate?
Catherine Sheridan Hdfc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catherine Sheridan Hdfc 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 Catherine Sheridan Hdfc?
Catherine Sheridan HDFC is committed to providing safe and affordable housing solutions for elderly and disabled individuals of low income. Their primary mission is to cater to this specific demographic, ensuring they have access to suitable living spaces. The organization operates a 202-unit housing project, backed by the U.S. Department of Housing and Urban Development (HUD), specifically designed for these individuals. Their focus on affordable housing aims to promote dignity, independence, and self-sufficiency among the elderly and disabled population.
Official website here: www.ccbq.org
Who is the CEO of Catherine Sheridan Hdfc?
Jeanne M Diulio is the Cfo (Thru 12/31/21) of Catherine Sheridan Hdfc. The CEO's salary of Catherine Sheridan Hdfc is $0 and their total compensation is $43,612.
Official website here: www.ccbq.org
What is the revenue of Catherine Sheridan Hdfc?
Catherine Sheridan Hdfc's revenue in 2022 was $6,761,532.
Official website here: www.ccbq.org
Who are the executives of Catherine Sheridan Hdfc and what are their salaries?
Here are 10 key members and their salaries (Catherine Sheridan Hdfc'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 Catherine Sheridan Hdfc?
Catherine Sheridan Hdfc'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 Catherine Sheridan Hdfc
Catherine Sheridan Hdfc, a nonprofit organization, is dedicated to providing safe and affordable housing for elderly and disabled individuals of low income. Their mission is to create an environment where these vulnerable populations can live comfortably and with dignity. To achieve this, Catherine Sheridan Hdfc owns and operates a 202-unit HUD-insured housing project, specifically designed for elderly and disabled individuals of low income. This project provides them with a secure living space, ensuring their basic needs are met.
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Impact
July, 2024
Catherine Sheridan HDFC's impact lies in its provision of safe and affordable housing to elderly and disabled individuals of low income in Brooklyn, NY. The organization owns and operates a 241-unit HUD-insured housing project under Section 202, catering specifically to this vulnerable demographic. By fulfilling its mission to offer secure and economical housing options, Catherine Sheridan HDFC plays a crucial role in supporting the well-being and dignity of elderly and disabled individuals with limited financial resources. Through its human services-focused approach, the organization positively impacts the lives of its residents by ensuring they have a stable and comfortable living environment.
This information is meant to be a general summary of Catherine Sheridan Hdfc. 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: $106,197
- Program Service Revenue: $6,640,082
- Gross Receipts: $11,467,873
Assets and Liabilities:
- Total Assets: $26,711,927
- Total Liabilities: $52,418,489
- Net Assets: -$25,706,562
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$6,640,082
Organization Details
Founding Year
2003
Phone
(718) 722-6150Principal Officer
Jeanne M Diulio
Main Address
191 JORALEMON STREET, BROOKLYN, NY, 11201
Website
www.ccbq.orgNTEE Category
Code: P20 - Human services
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