Overview
What is Comunilife Inc?
Comunilife Inc, a New York-based nonprofit organization located at 462 7th Avenue 3rd Floor, New York, NY 10018, provides approximately 844 units of permanent and transitional housing for individuals living with HIV/AIDS, in addition to a range of culturally sensitive supportive services. With a workforce of 357 employees, the mission of Comunilife is to extend vital housing and customized support services to vulnerable communities.
Official website here: www.comunilife.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
Comunilife Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The charity's overall score is derived entirely from its accountability and finance metrics, where it earned an impressive 85%. This rating indicates that Comunilife maintains strong governance practices, as evidenced by its fully independent board and robust financial oversight mechanisms.
The organization has demonstrated commendable transparency with a comprehensive set of policies in place, including conflict of interest and whistleblower policies, which are essential for maintaining donor trust. Additionally, Comunilife's program expense ratio is notably high at 89.66%, indicating a strong commitment to directing funds towards its mission-driven activities rather than administrative costs.
However, the charity has a liabilities to assets ratio of 64.72%, which could signal financial caution for potential donors. While Comunilife Inc shows strengths in governance and operational efficiency, this area may warrant further examination for those considering support. Overall, Comunilife Inc appears to be a reliable nonprofit with a strong focus on accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Comunilife Inc legitimate?
Comunilife Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Comunilife 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: $1,165,841
Professional Fundraising Fees: $74,000
Other Salaries and Wages: $12,327,154
For more financial information, click here
Official website here: www.comunilife.org
What is the mission statement of Comunilife Inc?
Comunilife Inc is dedicated to serving vulnerable communities by providing them with housing and culturally sensitive supportive services. Their mission is to make a positive impact on the lives of those in need. The organization has approximately 844 units of permanent and transitional housing available, offering a safe and stable living environment. In addition to housing, Comunilife offers a range of social services tailored to the unique needs of its residents, ensuring they receive the necessary support to improve their overall well-being. By prioritizing culturally sensitive practices, Comunilife ensures that its services are inclusive and effective for a diverse range of individuals. Through its housing and support programs, Comunilife empowers vulnerable communities to rebuild their lives and regain their independence.
Official website here: www.comunilife.org
Who is the CEO of Comunilife Inc?
Dr Rosa M Gil is the Board Member of Comunilife Inc. The CEO's salary of Comunilife Inc is $525,995 and their total compensation is $568,274.
Official website here: www.comunilife.org
What is the revenue of Comunilife Inc?
Comunilife Inc's revenue in 2022 was $53,680,434.
Official website here: www.comunilife.org
Who are the executives of Comunilife Inc and what are their salaries?
The average compensation at Comunilife Inc during 2022 was $37,796. There are 357 employees and 22 volunteers at Comunilife Inc.
Here are 31 key members and their salaries (Comunilife Inc's CEO's salary is $525,995 and their total compensation is $568,274):
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- Compensation: $525,995
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- Compensation: $292,265
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- Compensation: $253,127
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- Compensation: $153,163
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- Other: $1,920
Official website here: www.comunilife.org
Where can I find the form 990 for Comunilife Inc?
Comunilife Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.comunilife.org
Learn more at the official website: www.comunilife.org
Mission Statement of Comunilife Inc
Comunilife Inc, a dedicated nonprofit organization, is committed to providing vulnerable communities with housing and culturally sensitive supportive services. The mission of Comunilife Inc is to make a significant difference in the lives of those in need.
Comunilife Inc goes beyond just offering housing to its clients. It recognizes the importance of providing a supportive environment that caters to the unique needs of each community. By offering a range of services, Comunilife Inc aims to empower its residents and help them overcome the challenges they face.
Approximately 844 units of permanent and transitional housing are provided by Comunilife Inc to individuals living with HIV/AIDS. This housing not only offers a roof over their heads but also provides a sense of stability and security. Along with housing, Comunilife Inc offers a comprehensive suite of social services designed to support its residents in their physical, emotional, and mental well-being. These services are culturally sensitive, ensuring that they are tailored to meet the specific needs of each community Comunilife Inc serves.
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Impact
October, 2024
Comunilife Inc significantly impacts vulnerable communities by providing essential housing and culturally sensitive supportive services. In New York, it has delivered approximately 844 units of permanent and transitional housing, addressing the urgent needs of individuals facing housing instability. In particular, the organization focuses on supporting persons living with HIV/AIDS, offering a comprehensive range of social services designed to enhance their quality of life and promote stability. By fostering an inclusive environment that respects cultural sensitivities, Comunilife plays a crucial role in empowering individuals to overcome challenges and reintegrate into their communities.
This information is meant to be a general summary of Comunilife 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: -$98,813
- Program Service Revenue: $6,146,574
- Gross Receipts: $53,865,588
Assets and Liabilities:
- Total Assets: $35,250,970
- Total Liabilities: $19,793,132
- Net Assets: $15,457,838
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER PROGRAM FEES
Revenue
$1,997,948
RENTAL INCOME
Revenue
$1,982,926
MEDICAID
Revenue
$1,295,394
DEVELOPMENT FEES
Revenue
$870,306
Organization Details
Founding Year
1989
Phone
(212) 219-1618Principal Officer
Dr Rosa M Gil
Main Address
462 7TH AVENUE 3RD FLOOR, NEW YORK, NY, 10018
Website
www.comunilife.orgNTEE Category
Code: Z99Z - Unknown
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