Overview
What is United Cerebral Palsy Housing Development Fund Corporation?
United Cerebral Palsy Housing Development Fund Corporation is a nonprofit organization, headquartered in New York City, specifically at 80 Maiden Lane, 8th Floor. Their primary mission is to build and maintain an apartment complex catering to individuals with low income, with a significant number of them living with cerebral palsy. Currently, the building houses 73 residents, either consumers or other tenants. The organization operates with a dedicated team of four employees, working towards providing suitable housing for this specific group of individuals.
Official website here: www. adaptcommunitynetwork.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
United Cerebral Palsy Housing Development Fund Corporation has received a solid Three-Star rating, indicating a generally positive assessment of its operations and financial management. The organization excels in accountability and finance, achieving a perfect score of 100%, which demonstrates a strong commitment to transparency and responsible stewardship of resources.
The charity benefits from a fully independent board, which contributes to effective governance, as evidenced by its high scores in board independence and the presence of essential policies such as conflict of interest and whistleblower protections. Additionally, a significant program expense ratio of 85.30% suggests that a large portion of its funds is directed towards fulfilling its mission, which is a positive indicator for potential donors.
However, the organization faces a notable issue with its liabilities to assets ratio, scoring poorly at 0 out of 15 points. This raises concerns about financial sustainability and could impact its ability to meet future obligations. Overall, while the organization shows strengths in governance and program spending, it may need to address financial liabilities to enhance its long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is United Cerebral Palsy Housing Development Fund Corporation legitimate?
United Cerebral Palsy Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Cerebral Palsy Housing Development Fund Corporation 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: $151,385
For more financial information, click here
Official website here: www. adaptcommunitynetwork.org
What is the mission statement of United Cerebral Palsy Housing Development Fund Corporation?
The United Cerebral Palsy Housing Development Fund Corporation is dedicated to developing and maintaining an apartment building specifically for individuals with low income, with the majority of the residents having cerebral palsy. This organization's mission is centered around providing a suitable living space for this specific group of individuals, ensuring they have access to comfortable and supportive housing. Currently, the building houses 73 residents, either consumers or other residents.
Official website here: www. adaptcommunitynetwork.org
Who is the CEO of United Cerebral Palsy Housing Development Fund Corporation?
Edward R Matthews is the President of United Cerebral Palsy Housing Development Fund Corporation. The CEO's salary of United Cerebral Palsy Housing Development Fund Corporation is $0 and their total compensation is $603,048.
Official website here: www. adaptcommunitynetwork.org
What is the revenue of United Cerebral Palsy Housing Development Fund Corporation?
United Cerebral Palsy Housing Development Fund Corporation's revenue in 2022 was $1,265,347.
Official website here: www. adaptcommunitynetwork.org
Who are the executives of United Cerebral Palsy Housing Development Fund Corporation and what are their salaries?
The average compensation at United Cerebral Palsy Housing Development Fund Corporation during 2022 was $37,846. There are 4 employees and 4 volunteers at United Cerebral Palsy Housing Development Fund Corporation.
Here are 5 key members and their salaries (United Cerebral Palsy Housing Development Fund Corporation's CEO's salary is $0 and their total compensation is $603,048):
- 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: $542,943
- Other: $60,105
Official website here: www. adaptcommunitynetwork.org
Where can I find the form 990 for United Cerebral Palsy Housing Development Fund Corporation?
United Cerebral Palsy Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www. adaptcommunitynetwork.org
Learn more at the official website: www. adaptcommunitynetwork.org
Mission Statement of United Cerebral Palsy Housing Development Fund Corporation
United Cerebral Palsy Housing Development Fund Corporation, a nonprofit organization, is committed to developing and maintaining an apartment building specifically for individuals with low income, with a majority of them living with cerebral palsy. This mission is carried out under the Private Housing Finance Law, and currently, the corporation houses 73 residents in the building, either consumers or other residents. The organization's goal is to provide a living space that caters to the unique needs of this population, ensuring they have a safe and comfortable place to call home.
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Impact
August, 2024
United Cerebral Palsy Housing Development Fund Corporation makes a significant impact by developing and maintaining an apartment building for low-income individuals, with the majority of residents having cerebral palsy. This organization provides a vital housing option for individuals with special needs, offering 73 residential units that cater to the specific requirements of their residents. Through its mission of providing affordable housing for those with cerebral palsy, this organization plays a crucial role in enhancing the quality of life for this community in New York.
This information is meant to be a general summary of United Cerebral Palsy Housing Development Fund Corporation. 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: $230
- Program Service Revenue: $1,256,336
- Gross Receipts: $1,265,347
Assets and Liabilities:
- Total Assets: $1,140,459
- Total Liabilities: $5,226,525
- Net Assets: -$4,086,066
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYM
Revenue
$977,340
TENANTS RENTS
Revenue
$278,996
Organization Details
Founding Year
1979
Phone
(212) 683-6700Principal Officer
Edward R Matthews
Main Address
80 MAIDEN LANE 8TH FLOOR, NEW YORK, NY, 10038
NTEE Category
Code: L20 - Housing
If you are a representative of United Cerebral Palsy Housing Development Fund Corporation 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.