Overview
What is Hebrew Home Housing Development Fund Company Inc?
Hebrew Home Housing Development Fund Company Inc is a nonprofit organization that specializes in offering senior housing solutions. Specifically, they manage Riverwalk, a facility located in Bronx, NY, which provides a comfortable living environment for an average of 102 residents. The primary focus of Hebrew Home Housing Development Company Inc is to promote independence and graceful living for its senior residents. This is achieved through a comprehensive range of services included in the monthly fee, such as meals, activities, transportation, access to a fitness center, all utilities, basic cable, housekeeping, and linen service. The aim is to ensure that residents enjoy a safe, congenial, and well-maintained living space.
Official website here: www.riverspringliving.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
Hebrew Home Housing Development Fund Company Inc has achieved an 81% score on Charity Navigator, which reflects a solid level of accountability and financial health. The organization boasts a fully independent board, with all eight members meeting the criteria for independence. This strong governance structure is complemented by a well-functioning Audit and Oversight Committee, which enhances transparency and oversight.
The nonprofit also demonstrates a high commitment to program spending, with an impressive program expense ratio of 86.49%. This indicates that a significant portion of its resources is allocated directly to its mission-driven programs, which is a positive sign for potential donors looking to maximize their impact. Additionally, the organization has established robust policies, including those related to conflicts of interest and whistleblower protections, which further bolster its credibility.
While the organization shows high marks in various operational aspects, potential donors may want to keep an eye on any future developments that could affect its rating or operations. Overall, Hebrew Home Housing Development Fund Company Inc appears to be a trustworthy and responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Hebrew Home Housing Development Fund Company Inc legitimate?
Hebrew Home Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hebrew Home 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: $709,218
For more financial information, click here
Official website here: www.riverspringliving.org
What is the mission statement of Hebrew Home Housing Development Fund Company Inc?
Hebrew Home Housing Development Company Inc's mission is centered around providing senior housing. Specifically, their development, Hebrew Home, aims to offer an independent living experience for seniors in a secure and friendly environment. The housing facilities, such as Riverwalk, provide essential services including meals, activities, transportation, a fitness center, utility coverage, basic cable, housekeeping, and linen service, all included in the monthly fee. This setup promotes a sense of independence and gracious living for its residents.
Official website here: www.riverspringliving.org
Who is the CEO of Hebrew Home Housing Development Fund Company Inc?
Carl Willner is the President, Ceo of Hebrew Home Housing Development Fund Company Inc. The CEO's salary of Hebrew Home Housing Development Fund Company Inc is $0 and their total compensation is $1,469,856.
Official website here: www.riverspringliving.org
What is the revenue of Hebrew Home Housing Development Fund Company Inc?
Hebrew Home Housing Development Fund Company Inc's revenue in 2022 was $6,188,304.
Official website here: www.riverspringliving.org
Who are the executives of Hebrew Home Housing Development Fund Company Inc and what are their salaries?
The average compensation at Hebrew Home Housing Development Fund Company Inc during 2022 was $32,237. There are 22 employees and 7 volunteers at Hebrew Home Housing Development Fund Company Inc.
Here are 10 key members and their salaries (Hebrew Home Housing Development Fund Company Inc's CEO's salary is $0 and their total compensation is $1,469,856):
- Compensation: $0
- Related: $1,404,604
- Other: $65,252
- Compensation: $0
- Related: $948,837
- Other: $31,969
- Compensation: $0
- Related: $770,664
- Other: $19,816
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.riverspringliving.org
Where can I find the form 990 for Hebrew Home Housing Development Fund Company Inc?
Hebrew Home Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.riverspringliving.org
Learn more at the official website: www.riverspringliving.org
Mission Statement of Hebrew Home Housing Development Fund Company Inc
Hebrew Home Housing Development Fund Company Inc is dedicated to providing independent living accommodations for senior residents in a welcoming and secure environment. Their primary mission is achieved through Riverwalk, a senior housing facility located in Bronx, NY. This housing complex offers its residents an average of 102 rooms, promoting independence and gracious living. The monthly fee covers essential services such as meals, activities, transportation, access to a fitness center, utilities, basic cable, housekeeping, and linen service. By providing these amenities, Hebrew Home Housing Development Fund Company Inc aims to create a nurturing and comfortable environment for its senior residents, fostering their well-being and quality of life.
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Impact
August, 2024
Hebrew Home Housing Development Fund Company Inc's impact can be seen in the provision of independent senior housing through their Riverwalk facility in Bronx, NY. By offering a safe and congenial environment for an average of 102 residents, they promote independence and gracious living among seniors. The housing provided includes meals, activities, transportation, a fitness center, utilities, basic cable, housekeeping, and linen service in the monthly fee. This enables seniors to maintain their independence while receiving necessary support and amenities for comfortable living. Through their mission, Hebrew Home Housing Development Fund Company Inc significantly contributes to enhancing the quality of life for seniors in the Bronx area.
This information is meant to be a general summary of Hebrew Home 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.
- Program Service Revenue: $6,025,059
- Gross Receipts: $6,188,304
Assets and Liabilities:
- Total Assets: $10,885,244
- Total Liabilities: $15,057,164
- Net Assets: -$4,171,920
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SENIOR HOUSING
Revenue
$6,025,059
Organization Details
Founding Year
1978
Phone
(718) 581-1298Principal Officer
Carl Willner
Main Address
5901 Palisade Avenue, Bronx, NY, 10471
Website
www.riverspringliving.orgNTEE Category
Code: L21Z - Housing
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