Overview
What is Ahi Ezer Kings Highway Housing Development Fund Company Inc?
Ahi Ezer Kings Highway Housing Development Fund Company Inc is a nonprofit organization dedicated to offering subsidized housing for low-income senior citizens. Based on the provided information, the company operates a government-assisted project, with the primary goal of providing affordable living accommodations. Its mission is to enhance the living conditions of senior citizens by offering subsidized housing, ensuring they maintain a decent standard of life. The company's activities and mission focus on addressing the housing needs of this particular demographic, making it an essential resource for this vulnerable population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Ahi Ezer Kings Highway Housing Development Fund Company Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that the organization requires improvement. With an overall score of 65%, the nonprofit displays strengths in areas such as accountability and financial management, particularly with a fully independent board and solid audit results. However, significant issues arise regarding transparency, as the organization has multiple missing disclosures, including essential policies and website listings.
The strengths of Ahi Ezer lie in its independent governance structure and high program expense ratio, which suggests that a substantial portion of its funds is directed towards its mission. However, the concerning liabilities to assets ratio indicates potential financial instability, which may impact the organization’s operational effectiveness and sustainability.
The lack of required documentation, such as conflict of interest and whistleblower policies, along with absent board meeting minutes, raises questions about the organization’s commitment to transparency and accountability. These deficiencies may hinder public trust and limit donor confidence, highlighting the need for Ahi Ezer to address these critical governance issues to improve its overall standing.
This AI summary has been generated from information found on Charity Navigator.
Is Ahi Ezer Kings Highway Housing Development Fund Company Inc legitimate?
Ahi Ezer Kings Highway Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahi Ezer Kings Highway 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: $181,969
For more financial information, click here
What is the mission statement of Ahi Ezer Kings Highway Housing Development Fund Company Inc?
Ahi Ezer Kings Highway Housing Development Fund Company Inc is dedicated to serving low-income senior citizens by operating a government-assisted housing project. Their primary mission is to provide subsidized housing, aiming to make housing more accessible and affordable for this demographic. The company's efforts are geared towards improving the living conditions of these senior citizens, ensuring they can live with dignity and independence. The organization's activities are focused on meeting the unique needs of this population, providing them with a secure and supportive living environment.
Who is the CEO of Ahi Ezer Kings Highway Housing Development Fund Company Inc?
Hyman Escava is the President of Ahi Ezer Kings Highway Housing Development Fund Company Inc.
What is the revenue of Ahi Ezer Kings Highway Housing Development Fund Company Inc?
Ahi Ezer Kings Highway Housing Development Fund Company Inc's revenue in 2022 was $1,128,237.
Who are the executives of Ahi Ezer Kings Highway Housing Development Fund Company Inc and what are their salaries?
The average compensation at Ahi Ezer Kings Highway Housing Development Fund Company Inc during 2022 was $25,996. There are 7 employees at Ahi Ezer Kings Highway Housing Development Fund Company Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ahi Ezer Kings Highway Housing Development Fund Company Inc?
Ahi Ezer Kings Highway Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ahi Ezer Kings Highway Housing Development Fund Company Inc
Ahi Ezer Kings Highway Housing Development Fund Company Inc is dedicated to serving low-income senior citizens by operating a government-assisted housing project. Their mission is to provide subsidized housing, ensuring that elderly individuals can maintain a comfortable living standard despite their financial constraints. By offering subsidized housing, Ahi Ezer Kings Highway Housing Development Fund Company Inc plays a crucial role in promoting the well-being and dignity of senior citizens, enabling them to live independently with peace of mind. The company's commitment to this mission is evident in their operation of the housing project, which is designed to meet the specific needs of senior citizens, providing them with a safe and supportive living environment.
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Impact
August, 2024
Ahi Ezer Kings Highway Housing Development Fund Company Inc's impact is focused on providing subsidized housing for low-income senior citizens in Brooklyn, NY. Their housing project aims to support the elderly population by offering affordable living arrangements. This initiative helps seniors maintain a decent quality of life while ensuring they have a safe and stable place to call home. Through their work, Ahi Ezer Kings Highway Housing Development Fund Company Inc contributes to addressing housing affordability challenges faced by seniors in the community.
This information is meant to be a general summary of Ahi Ezer Kings Highway 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.
- Investment Income: $561
- Program Service Revenue: $209,493
- Gross Receipts: $1,128,237
Assets and Liabilities:
- Total Assets: $1,441,833
- Total Liabilities: $6,663,813
- Net Assets: -$5,221,980
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENTS/TENANTS RENT
Revenue
$209,493
Organization Details
Founding Year
1987
Phone
(718) 382-8685Principal Officer
Hyman Escava
Main Address
1879 EAST 3RD STREET, BROOKLYN, NY, 11223
NTEE Category
Code: L210 - Housing
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