Overview
What is The Hamilton Housing Development Company Inc?
The Hamilton Housing Development Company Inc is a nonprofit organization situated in New York City, specifically at 160 West 71st Street, New York, NY 10023. Its primary mission is to operate a HUD-assisted elderly rental housing project under Section 236 of the National Housing Act. The organization offers housing and supportive social services at Hamilton House, a publicly assisted residence for low-income older adults. The apartment building, located on the Upper West Side of Manhattan, accommodates 174 adults aged 62 and above. Two licensed social workers are present within the building, providing residents with supportive counseling, groups, case management, entitlements such as food stamps and health insurance, coordinating home care after hospitalizations, and arranging home care and housekeeping services. Overall, The Hamilton Housing Development Company Inc aims to improve the living conditions and well-being of the older adult community in New York City.
Official website here: www.projectfind.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
The Hamilton Housing Development Company Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scored 81% on the Accountability & Finance metrics, which reflects well on its operational integrity and transparency. Notably, the charity achieved perfect scores in several areas, including the independence of its board members, financial oversight, and having key policies in place, such as conflict of interest and whistleblower policies.
The majority of the board members are independent, showcasing a commitment to unbiased governance. The organization also maintains robust financial practices, with no reported material diversion of assets and a high program expense ratio of 79.43%. This suggests that a significant portion of their funds is directed towards their mission, which is crucial for maintaining donor trust and support.
While the charity performs well in accountability, there are no additional strengths or challenges mentioned in the data. Overall, The Hamilton Housing Development Company Inc demonstrates a strong commitment to transparency and responsible financial management, which are essential for effective nonprofit operations.
This AI summary has been generated from information found on Charity Navigator.
Is The Hamilton Housing Development Company Inc legitimate?
The Hamilton Housing Development Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hamilton Housing Development 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: $28,095
Professional Fundraising Fees: $0
Other Salaries and Wages: $433,945
For more financial information, click here
Official website here: www.projectfind.org
What is the mission statement of The Hamilton Housing Development Company Inc?
The Hamilton Housing Development Company Inc's mission is centered around providing housing and social services to its residents. Specifically, the organization operates a housing project for elderly individuals under Section 236 of the National Housing Act. At Hamilton House, a publicly assisted residence for low-income older adults, located in an unspecified location, the company offers housing and supportive services. This includes counseling, group sessions, case management, and assistance with entitlements such as food stamps and health insurance. Additionally, the company coordinates home care after hospitalizations, arranges home care and housekeeping services for the residents.
Official website here: www.projectfind.org
Who is the CEO of The Hamilton Housing Development Company Inc?
Mark Jennings is the Chair of The Hamilton Housing Development Company Inc.
Official website here: www.projectfind.org
What is the revenue of The Hamilton Housing Development Company Inc?
The Hamilton Housing Development Company Inc's revenue in 2022 was $2,290,292.
Official website here: www.projectfind.org
Who are the executives of The Hamilton Housing Development Company Inc and what are their salaries?
The average compensation at The Hamilton Housing Development Company Inc during 2022 was $92,408. There are 5 employees and 3 volunteers at The Hamilton Housing Development Company Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $340,171
- Other: $24,080
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $164,991
- Other: $22,305
Official website here: www.projectfind.org
Where can I find the form 990 for The Hamilton Housing Development Company Inc?
The Hamilton Housing Development Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.projectfind.org
Learn more at the official website: www.projectfind.org
Mission Statement of The Hamilton Housing Development Company Inc
The Hamilton Housing Development Company Inc, a nonprofit organization, is dedicated to providing housing and social services for its residents. Specifically, it operates a HUD-assisted elderly rental housing project under Section 236 of the National Housing Act. At the heart of its mission is the management of Hamilton House, a publicly assisted residence designed for low-income older adults. Situated in an apartment building on the Upper West Side of Manhattan, Hamilton House accommodates 174 adults aged 62 and above.
To ensure the well-being of its residents, The Hamilton Housing Development Company Inc provides a range of supportive social services. Two licensed social workers are stationed within the building, offering services such as counseling, group sessions, case management, and assistance with entitlements like food stamps and health insurance. Additionally, the organization coordinates home care after hospitalizations, arranges for home care and housekeeping services, and assists residents in securing job opportunities to help them rebuild their lives. By providing these comprehensive services, The Hamilton Housing Development Company Inc demonstrates its commitment to the overall well-being and independence of its elderly residents.
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Impact
August, 2024
The Hamilton Housing Development Company Inc provides essential housing and social services to the residents of Hamilton House in New York City. Specifically, the organization operates a HUD-assisted elderly rental housing project under Section 236 of the National Housing Act. The Hamilton House, located on the Upper West Side of Manhattan, serves 174 adults aged 62 and older, offering not just housing but also supportive social services. With two licensed social workers on site, residents have access to supportive counseling, group activities, case management, assistance with entitlement programs like food stamps and health insurance, coordination of home care post-hospitalizations, and arrangements for home care and housekeeping services. Through these efforts, The Hamilton Housing Development Company Inc positively impacts the lives of low-income older adults by providing them with a safe and supportive living environment along with the necessary services to enhance their quality of life.
This information is meant to be a general summary of The Hamilton Housing Development 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: $3,892
- Program Service Revenue: $2,046,509
- Gross Receipts: $2,290,292
Assets and Liabilities:
- Total Assets: $1,035,069
- Total Liabilities: $3,597,538
- Net Assets: -$2,562,469
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELDERLY HOUSING
Revenue
$1,906,996
SECTION 236 SUBSIDY
Revenue
$136,540
LAUNDRY REVENUE
Revenue
$2,973
Organization Details
Founding Year
1972
Phone
(212) 874-0300Principal Officer
Mark Jennings
Main Address
CO PROJECT FIND 160 WEST 71ST ST, NEW YORK, NY, 10023
Website
www.projectfind.orgNTEE Category
Code: L21Z - Housing
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