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Housing Options And Geriatric Association Resources Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133887707 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Housing Options And Geriatric Association Resources Inc?

Housing Options and Geriatric Association Resources Inc is a non-profit organization based in the Bronx, New York. Their primary mission is to assist some of society's most vulnerable groups, including the elderly, seriously mentally ill adults, the homeless, individuals living with AIDS, and the physically challenged. To achieve this, they aim to create a supportive, rehabilitative, and aesthetically pleasing environment for their clients, providing them with the highest quality of housing and services. Their Supported Housing Program, a scattered site apartment initiative, offers independent living options to mentally ill adults across various locations in the Bronx. The program's goal is to prevent unnecessary hospitalization and promote community reintegration for psychiatric patients in a less restrictive setting. With a workforce of 87 dedicated employees, Housing Options and Geriatric Association Resources Inc is committed to enhancing the lives of those they serve.


Official website here: www.hogar-inc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Stars)

Housing Options And Geriatric Association Resources Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 83%. This rating is primarily based on the organization's performance in the Accountability & Finance category, where it scored well, indicating a strong commitment to transparency and responsible financial management.

The nonprofit's strengths include having a fully independent board of directors and robust audit practices, which contribute to its credibility. It also adheres to essential policies such as conflict of interest and whistleblower protections, ensuring organizational integrity. Additionally, the program expense ratio is notably high at 93.50%, suggesting that a significant portion of its resources is directly allocated to its programs.

However, the organization faces a challenge with its liabilities to assets ratio, which is at 67.33%. This figure indicates that a substantial portion of its assets is tied up in liabilities, a factor that could impact its financial stability moving forward. Overall, while the organization demonstrates solid practices in governance and financial integrity, monitoring its financial health will be crucial.


This AI summary has been generated from information found on Charity Navigator.

Is Housing Options And Geriatric Association Resources Inc legitimate?

Housing Options And Geriatric Association Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Options And Geriatric Association Resources 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: $281,306
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,191,470

For more financial information, click here


Official website here: www.hogar-inc.org

What is the mission statement of Housing Options And Geriatric Association Resources Inc?

The mission of Housing Options and Geriatric Association Resources Inc is to aid society's most disadvantaged, including the elderly, those with serious mental illness, the homeless, individuals living with AIDS, and the physically challenged. They strive to accomplish this by actively promoting, encouraging, and providing the highest quality of housing and services in an environment that is therapeutic, rehabilitative, and aesthetically pleasing. Their ultimate goal is to create independent living options, particularly for mentally ill adults, while prioritizing the prevention of unnecessary hospitalizations and the reintegration of individuals into the community in the least restrictive setting.


Official website here: www.hogar-inc.org

Who is the CEO of Housing Options And Geriatric Association Resources Inc?

Ed Poppiti is the Cfo of Housing Options And Geriatric Association Resources Inc.


Official website here: www.hogar-inc.org

What is the revenue of Housing Options And Geriatric Association Resources Inc?

Housing Options And Geriatric Association Resources Inc's revenue in 2022 was $9,886,436.


Official website here: www.hogar-inc.org

Who are the executives of Housing Options And Geriatric Association Resources Inc and what are their salaries?

The average compensation at Housing Options And Geriatric Association Resources Inc during 2022 was $28,423. There are 87 employees at Housing Options And Geriatric Association Resources Inc.


Here are 11 key members and their salaries:


Noris Colon (Executive Dir.)
  • Compensation: $131,250
  • Related: $0
  • Other: $22,366
Ed Poppiti (Cfo)
  • Compensation: $114,171
  • Related: $0
  • Other: $21,566
Carmen Benitez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roland Lopez (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Rogers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pascual Gomez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gladys Cintron (Sec/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Freddy Perez (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosita Deleon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clifford Muniz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marzetta Harris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hogar-inc.org

Where can I find the form 990 for Housing Options And Geriatric Association Resources Inc?

Housing Options And Geriatric Association Resources Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hogar-inc.org

Learn more at the official website: www.hogar-inc.org

Mission Statement of Housing Options And Geriatric Association Resources Inc

Housing Options and Geriatric Association Resources Inc, a non-profit organization, is dedicated to aiding society's most vulnerable populations, including the elderly, those with serious mental illnesses, the homeless, people living with AIDS, and the physically challenged. Their mission is to create an environment that promotes, fosters, and provides the highest quality of housing and services in a therapeutic, rehabilitative, and aesthetically satisfying manner.

The organization strives to offer the most disenfranchised individuals a living environment that enhances their independence while maximizing community reintegration. In a proactive approach to prevent the unnecessary or inappropriate use of psychiatric inpatient resources, they have established the Supported Housing Program. This program, a scattered site apartment initiative, offers independent living options to mentally ill adults at specific locations throughout the community. The goal of this program is to provide a less restrictive setting for the psychiatric consumer, thereby promoting their overall well-being and recovery.

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Impact




June, 2024

Housing Options And Geriatric Association Resources Inc's impact is significant in providing high-quality housing and services to society's most disenfranchised individuals. Specifically, the organization plays a crucial role in assisting the elderly, seriously mentally ill adults, the homeless, people living with AIDS, and the physically challenged in the Bronx, NY. By offering programs like the Supported Housing Program, which aims to provide independent living options to mentally ill adults and prevent unnecessary hospitalization, the organization helps maximize community reintegration and promote rehabilitation in a therapeutic environment. This impactful work aligns with the organization's mission to promote, foster, and provide the highest quality of housing and services in a rehabilitative and aesthetically satisfying environment.




This information is meant to be a general summary of Housing Options And Geriatric Association Resources 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.

Revenue
$9,886,436 (2022)
Expenses
$8,397,721 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $67
  • Program Service Revenue: $1,670,137
  • Gross Receipts: $9,886,436

Assets and Liabilities:

  • Total Assets: $6,197,222
  • Total Liabilities: $3,627,726
  • Net Assets: $2,569,496

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Client Rent

Revenue

$456,537

Development fees

Revenue

$500,000

Medicaid

Revenue

$713,600

Organization Details

Founding Year

1996

Principal Officer

Ed Poppiti

Main Address

787 E 156th Street, BRONX, NY, 10455

NTEE Category

Code: F34Z - Mental health

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