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Franklin-Windsor Housing Development C/O Community Housing

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133357760 ✦ Elmsford, NY ✦ Designated as a 501(c)(3)

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Overview

What is Franklin-Windsor Housing Development C/O Community Housing?

Franklin-Windsor Housing Development, under the umbrella of Community Housing, is a nonprofit organization situated in Elmsford, New York. Their primary mission is to offer financial and operational support for residential housing accommodating 100 affordable low-income units, under the supervision of the U.S. Department of Housing and Urban Development (HUD). This support aims to facilitate improvements in low-income housing buildings, ensuring that affordable housing remains accessible and well-maintained for its residents.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0 Stars (33%)

Franklin-Windsor Housing Development is evaluated solely on its Accountability & Finance, receiving a low score of 33%. This score indicates significant concerns regarding the organization’s financial practices and governance policies. Key areas such as the lack of a conflict of interest policy and insufficient documentation related to whistleblower protections and financial transparency have contributed to this low rating.

Despite having strong points in areas like independent board member presence and board size, the nonprofit has not met essential standards for accountability. The absence of a website to post necessary documents, such as the tax form, further highlights transparency issues. This lack of accessible information could lead to questions about the effective management of resources.

Overall, while Franklin-Windsor Housing Development demonstrates some strengths in governance structure, serious deficiencies in critical areas of accountability and transparency necessitate caution for potential donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Franklin-Windsor Housing Development C/O Community Housing legitimate?

Franklin-Windsor Housing Development C/O Community Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin-Windsor Housing Development C/O Community Housing 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: $0

For more financial information, click here

What is the mission statement of Franklin-Windsor Housing Development C/O Community Housing?

The mission of Franklin-Windsor Housing Development, under the umbrella of Community Housing, is centered around providing both direct and indirect financial and operational support for a residential housing complex. This complex houses 100 units of affordable low-income housing, subject to regulation by the U.S. Department of Housing and Urban Development (HUD). Their mission aims to enhance this housing complex, including facilitating improvements to the low-income housing building, all with the aim of providing affordable housing options to those in need.

Who is the CEO of Franklin-Windsor Housing Development C/O Community Housing?

Rev Eric Mathsen is the President of Franklin-Windsor Housing Development C/O Community Housing.

What is the revenue of Franklin-Windsor Housing Development C/O Community Housing?

Franklin-Windsor Housing Development C/O Community Housing's revenue in 2022 was $21,815.

Who are the executives of Franklin-Windsor Housing Development C/O Community Housing and what are their salaries?

There 5 volunteers at Franklin-Windsor Housing Development C/O Community Housing.


Here are 5 key members and their salaries:


Rev Eric Mathsen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Robert Everett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Lorraine Buonocunto (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene F Conroy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garry Klien (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Franklin-Windsor Housing Development C/O Community Housing?

Franklin-Windsor Housing Development C/O Community Housing's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Franklin-Windsor Housing Development C/O Community Housing

Franklin-Windsor Housing Development, under the umbrella of Community Housing, is committed to providing both direct and indirect financial and operational support for residential housing. This housing project, subject to regulation by the U.S. Department of HUD, is designed to accommodate 100 affordable low-income housing units. The organization's mission involves facilitating improvements to the housing building, ensuring that it meets the needs of its low-income residents effectively. By providing this support, Franklin-Windsor Housing Development aims to contribute to the provision of affordable housing, thereby addressing a significant need within the community.

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Impact




August, 2024

Franklin-Windsor Housing Development C/O Community Housing has a significant impact on providing direct and indirect financial and operating support for residential housing containing 100 affordable low-income housing units. By facilitating improvements to low-income housing buildings and ensuring compliance with regulations set by the U.S. Department of Housing and Urban Development, this organization plays a crucial role in addressing the housing needs of low-income individuals and families in Elmsford, NY. Their efforts contribute towards creating a more inclusive and sustainable community by offering affordable housing options for those in need.




This information is meant to be a general summary of Franklin-Windsor Housing Development C/O Community Housing. 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.

Revenue
$21,815 (2022)
201120122013201420152016201720182019202020212022$0$1.5M$3M$4.5M$6M
Expenses
$2,559 (2022)
201120122013201420152016201720182019202020212022$0$80,000$160k$240k$320k
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $21,815
  • Gross Receipts: $21,815

Assets and Liabilities:

  • Total Assets: $856,438
  • Total Liabilities: $0
  • Net Assets: $856,438

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTEREST ON LOAN

Revenue

$21,815

Organization Details

Founding Year

1987

Principal Officer

Rev Eric Mathsen

Main Address

5 West Main Street, Elmsford, NY, 10523

NTEE Category

Code: L20Z - Housing

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