Overview
What is St Luke's Hdfc Inc C/O The Amistad Management Corp?
St. Luke's HDFC Inc, affiliated with The Amistad Management Corp, is a nonprofit organization situated in Bronx, New York, specifically at 3911 Barnes Avenue. Their primary objective is to rehabilitate and maintain a residential housing property designed for low-income elderly individuals. This commitment to providing suitable living conditions for this demographic highlights their dedication to supporting vulnerable communities and ensuring their well-being. The organization's focus on rehabilitation and maintenance ensures that the residential property remains safe, functional, and comfortable for its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
St Luke's Hdfc Inc, as evaluated by Charity Navigator, has received a two-star rating with an overall score of 71%. The organization demonstrates strong accountability and financial management, achieving a perfect score in several areas such as having a majority of independent board members and maintaining a favorable liabilities to assets ratio. However, it falls short in key areas such as financial statement transparency and adherence to certain governance policies.
The nonprofit's governance structure shows promise with effective board independence, but it lacks comprehensive documentation practices. It received zero points for its financial statements being disclosed and for not having a whistleblower policy in place. Additionally, the absence of a document retention policy raises concerns about organizational transparency and accountability.
Overall, while St Luke's Hdfc Inc shows strengths in program expenses and asset management, significant improvements in governance practices and financial transparency are necessary to enhance its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is St Luke's Hdfc Inc C/O The Amistad Management Corp legitimate?
St Luke's Hdfc Inc C/O The Amistad Management Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Luke's Hdfc Inc C/O The Amistad Management Corp 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:
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What is the mission statement of St Luke's Hdfc Inc C/O The Amistad Management Corp?
St. Luke's HDFC Inc. C/O The Amistad Management Corp is committed to providing rehabilitation and maintenance services for a residential housing property, specifically designed for low-income elderly individuals. Their mission is centered around enhancing the living conditions of this vulnerable group, ensuring their property is well-maintained and suitable for their needs. By offering these services, they aim to contribute positively to the lives of the elderly, providing them with a comfortable and secure living environment.
Who is the CEO of St Luke's Hdfc Inc C/O The Amistad Management Corp?
Dennis Williams is the Director/Chairman of St Luke's Hdfc Inc C/O The Amistad Management Corp.
What is the revenue of St Luke's Hdfc Inc C/O The Amistad Management Corp?
St Luke's Hdfc Inc C/O The Amistad Management Corp's revenue in 2022 was $1,326,576.
Who are the executives of St Luke's Hdfc Inc C/O The Amistad Management Corp and what are their salaries?
There 9 volunteers at St Luke's Hdfc Inc C/O The Amistad Management Corp.
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Where can I find the form 990 for St Luke's Hdfc Inc C/O The Amistad Management Corp?
St Luke's Hdfc Inc C/O The Amistad Management Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Luke's Hdfc Inc C/O The Amistad Management Corp
St. Luke's HDFC Inc. C/O The Amistad Management Corp is an organization dedicated to providing rehabilitation and maintenance services for a residential housing property designed to accommodate low-income elderly individuals. The mission of this nonprofit entity is to ensure that this housing property remains in good condition, offering a safe and comfortable living environment for its elderly residents who are financially disadvantaged. By undertaking the necessary rehabilitation and maintenance tasks, St. Luke's HDFC Inc. C/O The Amistad Management Corp contributes to the well-being of this vulnerable population, enabling them to live with dignity and independence.
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Impact
August, 2024
St Luke's Hdfc Inc, managed by The Amistad Management Corp, has a significant impact on the community by providing rehabilitation and maintenance of residential housing for low-income elderly individuals in the Bronx, NY. This activity contributes to addressing the housing needs of a vulnerable population, ensuring they have safe and affordable living conditions. By focusing on this mission, the organization plays a crucial role in supporting the well-being and dignity of elderly residents who may face housing insecurities.
This information is meant to be a general summary of St Luke's Hdfc Inc C/O The Amistad Management Corp. 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: $113,238
- Program Service Revenue: $1,213,338
- Gross Receipts: $1,326,576
Assets and Liabilities:
- Total Assets: $16,047,730
- Total Liabilities: $7,550
- Net Assets: $16,040,180
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFORDABLE HOUSING
Revenue
$1,213,338
Organization Details
Founding Year
1980
Phone
(516) 285-7500Principal Officer
Dennis Williams
Main Address
3911 BARNES AVENUE, BRONX, NY, 10466
NTEE Category
Code: L22 - Housing
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