Overview
What is 1807 Clinton Housing Development Fund Corporation?
The 1807 Clinton Housing Development Fund Corporation is a nonprofit organization situated in the Bronx, New York. Their primary mission is to offer affordable housing solutions to low-income residents within the South Bronx area. By providing clean and reasonably priced accommodations, they aim to enhance the living conditions of individuals who may otherwise face housing challenges. The organization's activities and mission focus on making a positive impact on the community by ensuring access to decent housing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star rating)
The 1807 Clinton Housing Development Fund Corporation has received a 67% rating, indicating a Two-Star status based primarily on its Accountability & Finance metrics. The organization demonstrates strong governance practices, with a fully independent board and robust policies in place related to conflicts of interest and whistleblower protection. These factors highlight a commitment to transparency and ethical management.
However, there are significant areas for improvement, particularly concerning financial health. The organization has a high liabilities-to-assets ratio of 218.43%, which raises concerns about its financial stability and sustainability. Additionally, while the program expense ratio is at 60.52%, it suggests that a considerable portion of its resources may not be directed toward its core mission.
Overall, while 1807 Clinton Housing Development Fund Corporation excels in governance and accountability, its financial challenges could limit its effectiveness in serving its mission. Stakeholders may want to monitor these financial metrics closely as they assess the nonprofit's capacity to deliver on its objectives.
This AI summary has been generated from information found on Charity Navigator.
Is 1807 Clinton Housing Development Fund Corporation legitimate?
1807 Clinton Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1807 Clinton 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
What is the mission statement of 1807 Clinton Housing Development Fund Corporation?
The 1807 Clinton Housing Development Fund Corporation is committed to providing a vital service, which is to offer clean and affordable housing for low-income residents. Their mission is centered around addressing the housing needs of this specific demographic, aiming to enhance their living conditions in the South Bronx, New York. By providing affordable housing, they contribute significantly to improving the lives of those who may otherwise struggle with housing costs. This organization's work is essential in ensuring that everyone, regardless of their income level, has access to a decent place to live.
Who is the CEO of 1807 Clinton Housing Development Fund Corporation?
Debbian Fletcher-Blake is the Director of 1807 Clinton Housing Development Fund Corporation. The CEO's salary of 1807 Clinton Housing Development Fund Corporation is $0 and their total compensation is $376,981.
What is the revenue of 1807 Clinton Housing Development Fund Corporation?
1807 Clinton Housing Development Fund Corporation's revenue in 2022 was $461,006.
Who are the executives of 1807 Clinton Housing Development Fund Corporation and what are their salaries?
There 6 volunteers at 1807 Clinton Housing Development Fund Corporation.
Here are 8 key members and their salaries (1807 Clinton Housing Development Fund Corporation's CEO's salary is $0 and their total compensation is $376,981):
- Compensation: $0
- Related: $0
- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $345,130
- Other: $31,851
- Compensation: $0
- Related: $237,804
- Other: $27,026
Where can I find the form 990 for 1807 Clinton Housing Development Fund Corporation?
1807 Clinton Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 1807 Clinton Housing Development Fund Corporation
The 1807 Clinton Housing Development Fund Corporation is committed to a noble mission. In simple terms, this organization strives to provide affordable housing for individuals with low income residing in the Bronx, New York. With a deep-rooted dedication, the corporation sets out to offer clean and reasonably priced living spaces to those who might otherwise struggle to secure such necessities. By doing so, it aims to contribute positively to the community and ensure that everyone has a roof over their heads, regardless of their financial situation.
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Impact
July, 2024
1807 Clinton Housing Development Fund Corporation plays a crucial role in providing affordable housing options for low-income residents in the Bronx, NY. By offering clean and affordable housing, this organization positively impacts the lives of individuals and families who may struggle to find suitable living arrangements. Through its mission to support those in need, 1807 Clinton Housing Development Fund Corporation contributes to the social welfare and stability of the South Bronx community.
This information is meant to be a general summary of 1807 Clinton 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: $764
- Program Service Revenue: $450,601
- Gross Receipts: $461,006
Assets and Liabilities:
- Total Assets: $2,947,903
- Total Liabilities: $6,066,620
- Net Assets: -$3,118,717
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$450,601
Organization Details
Founding Year
1993
Phone
(718) 583-5150Principal Officer
Debbian Fletcher-Blake
Main Address
770 EAST 176 ST, BRONX, NY, 10460
NTEE Category
Code: Z99Z - Unknown
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