Overview
What is Shakespeare Senior Hdfc?
Shakespeare Senior HDFC is a nonprofit organization situated in Bronx, New York, with a focus on catering to the housing needs of low-income senior citizens. This organization is renowned for its expertise in senior living and retirement communities. By offering various programs, Shakespeare Senior HDFC ensures that elderly individuals have access to suitable housing accommodations. The organization's primary mission is to provide a secure living environment for senior citizens, thereby enhancing their quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Shakespeare Senior Hdfc has received a Three-Star rating from Charity Navigator, indicating a fairly strong performance in terms of accountability and finance. The organization scored 79% overall, with a comprehensive focus on financial management and governance practices. This score reflects the charity's commitment to maintaining a transparent and accountable operational structure, which is crucial for donor trust and sustainability.
The nonprofit demonstrates several strengths, including a fully independent board of directors, effective financial oversight, and comprehensive policies on conflict of interest and whistleblower protection. Notably, the program expense ratio is high, at 94.07%, suggesting that a significant portion of funds raised is directed towards its mission rather than administrative costs. These factors contribute positively to the organization’s credibility and operational efficacy.
However, while the charity performs well in financial accountability, there may be areas for improvement not explicitly covered in the rating. The data does not provide information on program impact or the specific outcomes of their initiatives, which could offer a more holistic view of the organization's effectiveness in serving its community. Overall, Shakespeare Senior Hdfc displays strong financial practices but could enhance its transparency by sharing more about its programmatic achievements.
This AI summary has been generated from information found on Charity Navigator.
Is Shakespeare Senior Hdfc legitimate?
Shakespeare Senior Hdfc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shakespeare Senior Hdfc 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: $161,049
For more financial information, click here
What is the mission statement of Shakespeare Senior Hdfc?
Shakespeare Senior HDFC's mission is centered around providing housing for low-income seniors. This organization specializes in senior citizen housing and retirement communities, offering various programs to accommodate their needs. By focusing on this demographic, Shakespeare Senior HDFC aims to contribute to the well-being and comfort of senior citizens, ensuring they have a suitable living environment. The organization's activities promote independent living and a sense of community for these individuals, enhancing their quality of life in their golden years.
Who is the CEO of Shakespeare Senior Hdfc?
Msgr Donald Sakano is the Chairman of Shakespeare Senior Hdfc. The CEO's salary of Shakespeare Senior Hdfc is $0 and their total compensation is $302,532.
What is the revenue of Shakespeare Senior Hdfc?
Shakespeare Senior Hdfc's revenue in 2022 was $1,164,732.
Who are the executives of Shakespeare Senior Hdfc and what are their salaries?
The average compensation at Shakespeare Senior Hdfc during 2022 was $23,007. There are 7 employees at Shakespeare Senior Hdfc.
Here are 7 key members and their salaries (Shakespeare Senior Hdfc's CEO's salary is $0 and their total compensation is $302,532):
- 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
- Compensation: $0
- Related: $302,532
- Other: $0
- Compensation: $0
- Related: $114,250
- Other: $0
Where can I find the form 990 for Shakespeare Senior Hdfc?
Shakespeare Senior Hdfc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Shakespeare Senior Hdfc
Shakespeare Senior HDFC, as a nonprofit organization, is committed to providing housing for low-income seniors. This mission is carried out through various programs, with a specific focus on senior citizens and retirement communities. Shakespeare Senior HDFC specializes in this area, offering a secure living environment for elderly individuals in need. The organization's primary goal is to make housing accessible and affordable for this vulnerable population, ensuring they can live with dignity and independence. The work of Shakespeare Senior HDFC is instrumental in addressing the housing needs of senior citizens, thereby contributing to their overall well-being.
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Impact
October, 2024
Shakespeare Senior HDFC plays a crucial role in addressing the housing needs of low-income seniors in the Bronx, NY. By providing affordable housing options, it helps ensure that elderly residents have safe and dignified living conditions. The organization offers a variety of programs tailored to support senior citizens, facilitating access to essential services and community resources. This impact extends beyond just housing; it fosters a sense of community and belonging among residents, enhancing their overall quality of life. By specializing in senior housing, Shakespeare Senior HDFC contributes significantly to alleviating housing insecurity for one of society's most vulnerable populations.
This information is meant to be a general summary of Shakespeare Senior Hdfc. 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: $1,676
- Program Service Revenue: $1,163,056
- Gross Receipts: $1,164,732
Assets and Liabilities:
- Total Assets: $3,642,867
- Total Liabilities: $10,184,471
- Net Assets: -$6,541,604
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,157,700
LAUNDRY INCOME
Revenue
$4,873
COMMUNITY ROOM
Revenue
$483
Organization Details
Founding Year
2001
Phone
(718) 293-3100Principal Officer
Msgr Donald Sakano
Main Address
1465 NELSON AVENUE RM/STE A, BRONX, NY, 10452
NTEE Category
Code: L20 - Housing
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