Overview
What is Kenneth Gladstone Building Housing Development Fund Company Inc?
Kenneth Gladstone Building Housing Development Fund Company Inc, an affiliate of Jewish Home Lifecare, is a nonprofit organization dedicated to providing affordable housing with supportive services within the community. Located at 2620 University Avenue, Bronx, NY, they have developed a 49-unit apartment building named The Gladstone Building, specifically for low-income senior residents. The building features amenities such as community spaces, laundry facilities, parking, and landscaped grounds. Each apartment is equipped with a full kitchen and is adaptable for use by disabled individuals. Their mission is to empower older adults by enhancing their purpose and well-being through a variety of innovative health care services.
Official website here: www.jewishhome.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
Kenneth Gladstone Building Housing Development Fund Company Inc has received an overall score of 81% from Charity Navigator, indicating a solid performance in terms of accountability and finance. This score reflects the organization's commitment to maintaining a high level of transparency and good governance practices, as evidenced by their independent board composition and a well-structured financial oversight system.
The organization demonstrates strong practices, such as having a majority of independent board members and a comprehensive conflict of interest policy. Furthermore, their program expense ratio is impressive, with nearly 93% of expenses allocated directly to programs, showcasing their focus on delivering impactful services to the community.
However, while the rating is positive, the organization may benefit from continuous improvements in specific areas. Potential donors and stakeholders might want to monitor ongoing performance and any changes to governance practices to ensure that the high standards are maintained over time.
This AI summary has been generated from information found on Charity Navigator.
Is Kenneth Gladstone Building Housing Development Fund Company Inc legitimate?
Kenneth Gladstone Building Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kenneth Gladstone Building 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
Official website here: www.jewishhome.org
What is the mission statement of Kenneth Gladstone Building Housing Development Fund Company Inc?
The Kenneth Gladstone Building Housing Development Fund Company Inc's mission is centered around empowering older adults. Through a range of innovative healthcare services, they strive to enhance the purpose and well-being of this demographic. This organization's mission is a testament to their commitment to enriching the lives of older adults. The services offered aim to provide a holistic approach to their clients' health and well-being, promoting a sense of purpose and improved quality of life. Although the information provided does not specify the exact nature of these services, it is clear that the company's mission is focused on supporting the needs of older adults.
Official website here: www.jewishhome.org
Who is the CEO of Kenneth Gladstone Building Housing Development Fund Company Inc?
Jeffrey Farber Md is the CEO of Kenneth Gladstone Building Housing Development Fund Company Inc The CEO's salary of Kenneth Gladstone Building Housing Development Fund Company Inc is $0 and their total compensation is $1,212,894.
Official website here: www.jewishhome.org
What is the revenue of Kenneth Gladstone Building Housing Development Fund Company Inc?
Kenneth Gladstone Building Housing Development Fund Company Inc's revenue in 2023 was $933,232.
Official website here: www.jewishhome.org
Who are the executives of Kenneth Gladstone Building Housing Development Fund Company Inc and what are their salaries?
There 5 volunteers at Kenneth Gladstone Building Housing Development Fund Company Inc.
Here are 8 key members and their salaries (Kenneth Gladstone Building Housing Development Fund Company Inc's CEO's salary is $0 and their total compensation is $1,212,894):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,151,356
- Other: $61,538
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $574,754
- Other: $22,692
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.jewishhome.org
Where can I find the form 990 for Kenneth Gladstone Building Housing Development Fund Company Inc?
Kenneth Gladstone Building Housing Development Fund Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.jewishhome.org
Learn more at the official website: www.jewishhome.org
Mission Statement of Kenneth Gladstone Building Housing Development Fund Company Inc
Kenneth Gladstone Building Housing Development Fund Company Inc is committed to empowering older adults, enhancing their purpose and well-being, through a portfolio of innovative healthcare services. This mission is achieved by providing affordable housing with supportive services in the community. The organization's approach is comprehensive, offering a range of amenities such as community spaces, laundry facilities, parking, and landscaped grounds. Each apartment is equipped with a full kitchen and is adaptable for use by disabled individuals, demonstrating a commitment to inclusivity. By offering these services, Kenneth Gladstone Building Housing Development Fund Company Inc aims to improve the quality of life for older adults, allowing them to maintain their independence and dignity.
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Impact
October, 2024
Kenneth Gladstone Building Housing Development Fund Company Inc significantly contributes to the well-being of older adults by providing affordable, supportive housing in the Bronx, New York. The Gladstone Building offers 49 one-bedroom apartments specifically designed for low-income seniors, featuring full kitchens that are adaptable for residents with disabilities. By integrating community spaces, laundry facilities, parking, and landscaped grounds, the development creates an inviting environment that promotes social interaction and a sense of community among residents.
The organization empowers seniors to enhance their purpose and well-being through a comprehensive approach that includes not only housing but also innovative health care services. This integrated model addresses both the physical and emotional needs of older adults, fostering independence while ensuring access to necessary support. Overall, Kenneth Gladstone Building plays a vital role in enhancing the quality of life for its residents, ensuring that they have a secure and supportive living environment.
This information is meant to be a general summary of Kenneth Gladstone Building 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.
- Investment Income: $30,326
- Program Service Revenue: $902,898
- Gross Receipts: $933,232
Assets and Liabilities:
- Total Assets: $7,496,355
- Total Liabilities: $7,884,711
- Net Assets: -$388,356
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT RENTALS
Revenue
$902,898
Organization Details
Founding Year
1997
Principal Officer
Jeffrey Farber Md
Website
www.jewishhome.orgNTEE Category
Code: L20 - Housing
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