Overview
What is Christian Herald Housing Development Fund Corporation?
Christian Herald Housing Development Fund Corporation is a nonprofit organization based in New York City with a compassionate mission to aid and transform the lives of struggling individuals. As per the information, the organization had a contract with the New York City Department of Homeless Services to operate a transitional center, The Bowery Mission Transitional Center, until June 30, 2017. This 77-bed facility was located at 45-51 Avenue D in Manhattan. Although the contract ended, the corporation continues to strive towards its mission of offering care and support to those in need within the city.
Official website here: www.bowery.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 86% (Three-Star out of Four Star rating)
Christian Herald Housing Development Fund Corporation has received a Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The charity's score is derived entirely from its accountability measures, with a notable 85% of its board members being independent. This structure suggests a commitment to transparency and ethical governance, as evidenced by comprehensive policies on conflicts of interest, whistleblowing, and document retention.
The organization demonstrates effective financial practices with no material diversion of assets and a well-maintained website that hosts necessary tax forms and board meeting minutes. However, while the program expense ratio is solid at 62.25%, there is room for improvement, indicating that a portion of funds may not be fully allocated towards programmatic activities.
Overall, the organization appears to manage its resources judiciously, but stakeholders may want to monitor how effectively funds are utilized in achieving its mission. The focus on governance and transparency is a positive aspect, but continued evaluation of program spending could enhance its impact further.
This AI summary has been generated from information found on Charity Navigator.
Is Christian Herald Housing Development Fund Corporation legitimate?
Christian Herald Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian Herald 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: $0
For more financial information, click here
Official website here: www.bowery.org
What is the mission statement of Christian Herald Housing Development Fund Corporation?
The Christian Herald Housing Development Fund Corporation is dedicated to offering compassionate care and facilitating life transformations for those in need, specifically in urban areas. Their mission aims to bring about change and betterment in the lives of those who are struggling. As of 2017, they had a contract with the New York City Department of Homeless Services to run a 77-bed facility, known as The Bowery Mission Transitional Center. However, this partnership came to an end on June 30, 2017.
Official website here: www.bowery.org
Who is the CEO of Christian Herald Housing Development Fund Corporation?
James Winans is the President/Ceo of Christian Herald Housing Development Fund Corporation. The CEO's salary of Christian Herald Housing Development Fund Corporation is $0 and their total compensation is $200,000.
Official website here: www.bowery.org
What is the revenue of Christian Herald Housing Development Fund Corporation?
Christian Herald Housing Development Fund Corporation's revenue in 2021 was $0.
Official website here: www.bowery.org
Who are the executives of Christian Herald Housing Development Fund Corporation and what are their salaries?
There 6 volunteers at Christian Herald Housing Development Fund Corporation.
Here are 10 key members and their salaries (Christian Herald Housing Development Fund Corporation's CEO's salary is $0 and their total compensation is $200,000):
- Compensation: $0
- Related: $216,565
- Other: $12,849
- 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $214,713
- Other: $27,496
- Compensation: $0
- Related: $200,000
- Other: $0
Official website here: www.bowery.org
Where can I find the form 990 for Christian Herald Housing Development Fund Corporation?
Christian Herald Housing Development Fund Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.bowery.org
Learn more at the official website: www.bowery.org
Mission Statement of Christian Herald Housing Development Fund Corporation
The Christian Herald Housing Development Fund Corporation is an organization dedicated to providing compassionate care and facilitating life transformations for individuals in distress, particularly in the bustling city of New York. With a strong mission, this non-profit organization aims to bring about positive change in the lives of hurting people. As of June 2017, they had a contract with the New York City Department of Homeless Services to manage a 77-bed facility, known as The Bowery Mission Transitional Center, located in Manhattan. However, this contract expired on June 30, 2017, as reported in their annual 990 filing. Despite the conclusion of this contract, the Christian Herald Housing Development Fund Corporation's commitment to helping those in need remains unwavering. Their dedication to providing compassionate care and fostering life transformations continues, offering hope and support to countless individuals in New York City.
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Impact
June, 2024
Christian Herald Housing Development Fund Corporation has had a significant impact in New York City by providing compassionate care and life transformation for hurting people. Operating with a mission to assist those in need, the corporation previously managed a 77-bed facility, The Bowery Mission Transitional Center, in Manhattan. Through their services, they have helped individuals struggling with mental health issues and homelessness find refuge and support. Despite the contract with the New York City Department of Homeless Services ending in 2017, Christian Herald Housing Development Fund Corporation's efforts continue to positively affect the lives of vulnerable populations in the city.
This information is meant to be a general summary of Christian Herald 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 2021.
Assets and Liabilities:
- Total Assets: $1,599,079
- Total Liabilities: $877,637
- Net Assets: $721,442
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Organization Details
Founding Year
1987
Phone
(212) 684-2800Principal Officer
James Winans
Main Address
355 Lexington Ave 19th Floor, New York, NY, 10017
Website
www.bowery.orgNTEE Category
Code: F220 - Mental health
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