Overview
What is Concourse House Hdfc?
Concourse House HDFC is a nonprofit organization committed to addressing homelessness among women and their young children. Located within their project, they offer secure and stable housing, aiming to disrupt the cycle of poverty. By providing a range of social services and engaging interactive programs, they encourage personal growth. Furthermore, Concourse House HDFC fosters community activities and offers counseling sessions, all contributing to their mission of providing holistic support.
Official website here: www.concoursehouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating
Concourse House Hdfc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization excels in certain areas, particularly in board independence and financial oversight, scoring highly on the majority of its independent board members and the presence of an audit and oversight committee. Additionally, it demonstrates a strong program expense ratio, indicating that a significant portion of its expenses are directed towards programs rather than administrative costs.
However, the organization has notable limitations that contributed to its lower rating. The absence of key policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, has negatively impacted its accountability score. Furthermore, the lack of a posted tax form on its website raises transparency concerns, which are essential for building trust with donors and the public.
Overall, while Concourse House Hdfc shows strengths in financial management and program focus, it needs to address its policy deficiencies and improve transparency to enhance its accountability and potentially achieve a higher rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Concourse House Hdfc legitimate?
Concourse House Hdfc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concourse House Hdfc 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: $230,786
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,495,321
For more financial information, click here
Official website here: www.concoursehouse.org
What is the mission statement of Concourse House Hdfc?
Concourse House HDFC is committed to creating a housing project that offers secure and stable living spaces for homeless women and their young children under nine years old. Their aim is to help these families break the cycle of poverty by providing a range of social services and interactive programs that foster growth and development. The organization also hosts community activities and provides counseling services within the facility. By offering these resources, Concourse House HDFC works towards promoting the overall well-being and development of its residents, enabling them to lead more stable and fulfilling lives.
Official website here: www.concoursehouse.org
Who is the CEO of Concourse House Hdfc?
Manuela Schaudt is the Executive Vice President of Concourse House Hdfc.
Official website here: www.concoursehouse.org
What is the revenue of Concourse House Hdfc?
Concourse House Hdfc's revenue in 2022 was $5,844,314.
Official website here: www.concoursehouse.org
Who are the executives of Concourse House Hdfc and what are their salaries?
The average compensation at Concourse House Hdfc during 2022 was $30,290. There are 90 employees and 9 volunteers at Concourse House Hdfc.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $358,407
- Other: $53,233
- Compensation: $178,978
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- Other: $22,349
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- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.concoursehouse.org
Where can I find the form 990 for Concourse House Hdfc?
Concourse House Hdfc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.concoursehouse.org
Learn more at the official website: www.concoursehouse.org
Mission Statement of Concourse House Hdfc
Concourse House HDFC, a nonprofit organization, is committed to making a significant impact in the lives of homeless women and their young children. Their mission is twofold: firstly, they aim to provide a safe and stable living environment through the development, management, and maintenance of a housing project. This project ensures traditional housing for these families, offering a secure base from which they can begin their journey towards breaking the cycle of poverty.
Secondly, Concourse House HDFC extends its support beyond just housing. They recognize the importance of holistic development and offer a variety of social services and interactive programs. These initiatives are designed to promote growth and personal development among the families who reside in their housing project. By providing these additional resources, Concourse House HDFC seeks to empower these women and their children, helping them to build a better future for themselves.
Furthermore, Concourse House HDFC understands the importance of community engagement and provides space for community activities and counseling. This approach not only fosters a sense of belonging and support among the residents but also contributes to the overall well-being of the community. In essence, Concourse House HDFC is dedicated to providing a comprehensive solution to homelessness, offering more than just a place to live, but a supportive environment that nurtures growth and promotes self-sufficiency.
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Impact
August, 2024
Concourse House HDFC's impact is significant in providing safe and stable housing for homeless women and their children under nine years of age in the Bronx, NY. By offering not just a physical shelter but also a range of social services and interactive programs, this organization plays a crucial role in breaking the cycle of poverty for these vulnerable families. Additionally, by providing space for community activities and counseling, Concourse House HDFC fosters a supportive environment that promotes growth and stability for those in need.
This information is meant to be a general summary of Concourse House Hdfc. 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: $11,010
- Gross Receipts: $5,844,314
Assets and Liabilities:
- Total Assets: $3,401,118
- Total Liabilities: $1,844,929
- Net Assets: $1,556,189
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$11,010
Organization Details
Founding Year
1986
Phone
(718) 584-4400Principal Officer
Manuela Schaudt
Main Address
2751 GRAND CONCOURSE, BRONX, NY, 10468
Website
www.concoursehouse.orgNTEE Category
Code: L410 - Housing
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