Overview
What is White Plains Housing Development Fund Company Inc?
White Plains Housing Development Fund Company Inc is a nonprofit organization that dedicates its efforts to addressing homelessness. Their primary mission involves operating and managing seven housing units for homeless families. By placing these families in rental accommodations, they provide temporary shelter and assistance in acquiring public rental assistance and additional support services. Their objective is to ensure the successful operation of these homeless housing units, thereby contributing to the betterment of those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating. This rating reflects a solid performance in the nonprofit sector, particularly in the area of Accountability & Finance, which is the sole factor contributing to its overall score. The organization has demonstrated a commitment to transparency and responsible financial management.
The White Plains Housing Development Fund Company Inc excels in several key metrics. It boasts a fully independent board, with all members meeting the independence criteria, ensuring effective governance. Additionally, the organization has no reported material diversion of assets, highlighting its integrity and dedication to its mission. Strong policies are in place, including conflict of interest and whistleblower policies, which contribute to its accountability.
Despite its strengths, the overall rating is primarily based on financial practices, and there may be limited information on program impact or effectiveness. While the high program expense ratio indicates that a significant portion of its funds is going directly to programs, further details on the outcomes of these programs would provide a more comprehensive understanding of its impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is White Plains Housing Development Fund Company Inc legitimate?
White Plains Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. White Plains Housing Development Fund Company 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of White Plains Housing Development Fund Company Inc?
The White Plains Housing Development Fund Company Inc. is dedicated to the operation of homeless housing units. Their mission involves placing homeless families in rental units and providing them with necessary assistance, such as securing public rental aid and other essential services. The company's primary objective is to operate and manage these homeless housing units, aiming to provide a safe and supportive environment for those in need.
What is the revenue of White Plains Housing Development Fund Company Inc?
White Plains Housing Development Fund Company Inc's revenue in 2023 was $116,675.
Who are the executives of White Plains Housing Development Fund Company Inc and what are their salaries?
There 5 volunteers at White Plains Housing Development Fund Company Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $39,394
- 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
Where can I find the form 990 for White Plains Housing Development Fund Company Inc?
White Plains Housing Development Fund Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of White Plains Housing Development Fund Company Inc
White Plains Housing Development Fund Company, as a nonprofit organization, is dedicated to fulfilling its mission of operating and managing seven homeless housing units. This mission involves placing vulnerable families in these rental units and offering them necessary support services to help them secure public rental assistance. The company's primary objective is to provide a safe and stable living environment for homeless families, thereby contributing to their overall well-being and empowerment. By administering these units and offering assistance, White Plains Housing Development Fund Company aims to play a significant role in addressing the issue of homelessness in the community.
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Impact
August, 2024
The White Plains Housing Development Fund Company Inc's impact lies in its operation and management of seven homeless housing units. Through this initiative, the organization plays a crucial role in providing shelter and resources to homeless families in need. By placing these families in rental units and assisting them in accessing public rental assistance and essential services, the organization directly contributes to addressing homelessness within the community. This targeted approach not only provides immediate relief to those experiencing housing insecurity but also helps in creating a more stable and supportive environment for these families to thrive.
This information is meant to be a general summary of White Plains Housing Development Fund Company 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 2023.
- Program Service Revenue: $77,611
- Gross Receipts: $116,675
Assets and Liabilities:
- Total Assets: $20,666
- Total Liabilities: $51,736
- Net Assets: -$31,070
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental income
Revenue
$77,611
Organization Details
Founding Year
1996
Principal Officer
Kimberlie Jacobs
NTEE Category
Code: L200 - Housing
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