Overview
What is Geel Community Union Avenue Housing Development Fund Corporation?
Geel Community Union Avenue Housing Development Fund Corporation is a nonprofit organization situated in Bronx, New York, specifically at 2516 Grand Avenue. Their primary mission is to offer safe and stable housing along with supportive case management services to individuals who meet the HUD definition of literally homeless. Their focus is on achieving financial stability, job readiness, and retention, fostering stabilized health and well-being, and enhancing the overall quality of life for their residents. The organization strives to promote independence without compromising individuality and spirit, achieving a 100% housing utilization rate and an average length of stay for project residents of nine years. Geel's approach is tailored to the needs of mentally ill individuals and combines a coordinated, self-directed, and trauma-informed model, promoting increased self-sufficiency, self-worth, recovery, and the ability for those they serve to live independently within their communities.
Official website here: www.geelcs.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
Geel Community Union Avenue Housing Development Fund Corporation has achieved a Three-Star rating based on an 81% score, reflecting strong accountability and financial practices. The organization has excelled in crucial areas such as having a fully independent board, effective audit and oversight mechanisms, and comprehensive conflict of interest and whistleblower policies. Its program expense ratio is commendable at 90.72%, indicating a significant portion of its funds is directed towards its mission.
However, the organization faces a notable concern with its liabilities to assets ratio, which stands at 221.04%. This high ratio suggests that the organization may have more liabilities than it can cover with its assets, a potential red flag for financial stability. While the strong governance and program spending are positives, this financial metric warrants attention and may impact future operations and funding opportunities. Overall, while Geel Community Union Avenue Housing Development Fund Corporation demonstrates sound practices, stakeholders should be aware of its financial vulnerabilities.
This AI summary has been generated from information found on Charity Navigator.
Is Geel Community Union Avenue Housing Development Fund Corporation legitimate?
Geel Community Union Avenue Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Geel Community Union Avenue 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: $273,618
For more financial information, click here
Official website here: www.geelcs.org
What is the mission statement of Geel Community Union Avenue Housing Development Fund Corporation?
The Geel Community Union Avenue Housing Development Fund Corporation's mission is centered around providing housing and supportive services to formerly homeless individuals struggling with mental illness. Their objective is to enable individuals with mental illness and co-occurring disorders to establish and maintain safety and stability in a supportive living environment. Geel's approach is coordinated, self-directed, and individually tailored, aiming to promote increased self-sufficiency, self-worth, recovery, and the ability for individuals to live independently within their communities. The services provided are trauma-informed.
Official website here: www.geelcs.org
Who is the CEO of Geel Community Union Avenue Housing Development Fund Corporation?
Maria Matias is the Executive Director of Geel Community Union Avenue Housing Development Fund Corporation.
Official website here: www.geelcs.org
What is the revenue of Geel Community Union Avenue Housing Development Fund Corporation?
Geel Community Union Avenue Housing Development Fund Corporation's revenue in 2022 was $1,263,264.
Official website here: www.geelcs.org
Who are the executives of Geel Community Union Avenue Housing Development Fund Corporation and what are their salaries?
The average compensation at Geel Community Union Avenue Housing Development Fund Corporation during 2022 was $91,206. There are 3 employees and 8 volunteers at Geel Community Union Avenue Housing Development Fund Corporation.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $179,565
- Other: $26,695
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- Related: $108,274
- Other: $34,122
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- Related: $18,187
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $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.geelcs.org
Where can I find the form 990 for Geel Community Union Avenue Housing Development Fund Corporation?
Geel Community Union Avenue Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.geelcs.org
Learn more at the official website: www.geelcs.org
Mission Statement of Geel Community Union Avenue Housing Development Fund Corporation
Geel Community Union Avenue Housing Development Fund Corporation is committed to a mission that aims to empower individuals with mental illness and co-occurring disorders. Their objective is to enable these individuals to establish and maintain safety and stability in a supportive living environment. Geel's approach is unique, combining a coordinated, self-directed method that is tailored to each individual's needs, ensuring it is trauma-informed. This model encourages increased self-sufficiency, self-worth, recovery, and the ability for those they serve to live independently within their communities. Geel's housing and supportive services are intended to foster recovery and enable individuals to regain their independence, thereby contributing positively to their communities.
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Impact
October, 2024
Geel Community Union Avenue Housing Development Fund Corporation has had a profound impact on the lives of formerly homeless individuals facing mental health challenges. By providing safe and stable housing along with supportive case management services, the organization has created a nurturing environment for its residents.
With 29 housing units, Geel serves individuals who meet the HUD definition of literally homeless, emphasizing its commitment to those in the most vulnerable positions. The program not only ensures a 100% housing utilization rate, but it also boasts an impressive average length of stay of nine years, highlighting the stability it offers to residents.
Geel’s approach is both individualized and trauma-informed, allowing residents to focus on their personal needs and desires. Outcomes such as financial stability, job readiness, and improved health and well-being emerge from this tailored support. As participants engage in their communities, often spending nearly all their days outside, the organization fosters a sense of belonging and helps enhance their quality of life.
By promoting independence while respecting individuality, Geel empowers its residents to achieve self-sufficiency and recovery, ultimately allowing them to lead fulfilling lives within their communities. This holistic model not only addresses housing needs but also encourages personal growth and integration into society.
This information is meant to be a general summary of Geel Community Union Avenue 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 2022.
- Investment Income: $64
- Program Service Revenue: $747,475
- Gross Receipts: $1,263,264
Assets and Liabilities:
- Total Assets: $816,883
- Total Liabilities: $2,422,394
- Net Assets: -$1,605,511
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM GRANTS
Revenue
$452,445
RENTAL INCOME
Revenue
$295,030
Organization Details
Founding Year
1990
Phone
(718) 367-1900Principal Officer
Maria Matias
Main Address
2516 Grand Avenue, Bronx, NY, 10468
Website
www.geelcs.orgNTEE Category
Code: L200 - Housing
If you are a representative of Geel Community Union Avenue Housing Development Fund Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.