Overview
What is Putnam County Housing Corporation?
Putnam County Housing Corporation, situated in Carmel, New York, is a nonprofit organization with a mission to offer housing and supportive services to low-income senior citizens. They receive funding from various governmental agencies, primarily for administrative and planning expenses, as well as to directly assist residents in meeting program requirements. With a team of 19 dedicated individuals, this organization works diligently to improve the living conditions and well-being of senior citizens in the community.
Official website here: www.putnamhousing.com
What are the reviews and ratings of this charity?
88% rating from Charity Navigator.
Putnam County Housing Corporation has achieved a Three-Star out of Four Star rating, reflecting a strong commitment to accountability and finance. The organization excels in several key areas, including having a completely independent board and effective financial oversight mechanisms, which contribute positively to its financial health and operational integrity.
Strengths include a high program expense ratio of 93.17%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. The organization also benefits from an independent board that is fully composed of non-affiliated members, demonstrating transparency and governance principles.
Despite these strengths, the organization has noted some areas for improvement, particularly regarding its policies. The absence of a whistleblower policy and a document retention policy were highlighted, which may raise concerns about internal controls and risk management. Overall, while the organization performs well in many aspects, addressing these gaps could enhance its overall governance framework.
This AI summary has been generated from information found on Charity Navigator.
Is Putnam County Housing Corporation legitimate?
Putnam County Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Putnam County Housing 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: $101,254
Professional Fundraising Fees: $0
Other Salaries and Wages: $775,147
For more financial information, click here
Official website here: www.putnamhousing.com
What is the mission statement of Putnam County Housing Corporation?
The Putnam County Housing Corporation's mission is centered around providing housing and supportive services to low-income senior citizens. This organization is committed to this cause, utilizing funds from various governmental agencies. However, it's important to note that these funds have specific restrictions, primarily for administrative and planning costs, and for direct assistance to residents to facilitate program activities.
Official website here: www.putnamhousing.com
Who is the CEO of Putnam County Housing Corporation?
Richard Weiss is the President of Putnam County Housing Corporation.
Official website here: www.putnamhousing.com
What is the revenue of Putnam County Housing Corporation?
Putnam County Housing Corporation's revenue in 2022 was $1,852,674.
Official website here: www.putnamhousing.com
Who are the executives of Putnam County Housing Corporation and what are their salaries?
The average compensation at Putnam County Housing Corporation during 2022 was $46,126. There are 19 employees at Putnam County Housing Corporation.
Here are 11 key members and their salaries:
- 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: $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: $101,254
- Related: $0
- Other: $10,695
Official website here: www.putnamhousing.com
Where can I find the form 990 for Putnam County Housing Corporation?
Putnam County Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.putnamhousing.com
Learn more at the official website: www.putnamhousing.com
Mission Statement of Putnam County Housing Corporation
Putnam County Housing Corporation's mission is centered around providing housing and essential support services to senior citizens who fall under the low-income bracket. This nonprofit organization is dedicated to enhancing the living conditions and overall well-being of its beneficiaries, striving to make a significant impact in their lives.
The primary role of Putnam County Housing Corporation involves the allocation of funds, predominantly from various governmental agencies. These funds are stringently regulated, ensuring that they are primarily utilized for administrative and planning costs, as well as for directly assisting residents in meeting their program-related needs. This approach enables the organization to effectively carry out its mission, providing a stable and supportive living environment for its senior citizen residents.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Putnam County Housing Corporation plays a crucial role in providing housing and support services specifically tailored for low-income senior citizens. Its efforts significantly enhance the quality of life for these individuals, ensuring they have access to safe and affordable housing. By utilizing funds from various governmental sources, the organization can directly assist residents with their housing needs while navigating the complexities of administrative and planning costs.
Located in Carmel, NY, the Corporation's mission addresses a critical gap in housing support for seniors, helping them maintain independence and dignity in their later years. Through these focused initiatives, Putnam County Housing Corporation contributes to both the welfare of individuals and the broader community by supporting vulnerable populations in need. The impact extends beyond mere shelter; it fosters stability and security for low-income seniors, allowing them to thrive.
This information is meant to be a general summary of Putnam County Housing 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: $58
- Program Service Revenue: $1,200,064
- Gross Receipts: $1,852,674
Assets and Liabilities:
- Total Assets: $1,459,846
- Total Liabilities: $163,699
- Net Assets: $1,296,147
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD ADMIN FEES
Revenue
$401,941
SR HOUSING BLDG & SERV
Revenue
$400,565
RENTAL REVENUE
Revenue
$249,868
SR HOUSING MGMT FEE
Revenue
$107,889
BOOKKEEPING INCOME
Revenue
$39,801
Organization Details
Founding Year
1983
Phone
(845) 225-8493Principal Officer
Richard Weiss
Main Address
11 SEMINARY HILL ROAD, CARMEL, NY, 10512
Website
www.putnamhousing.comNTEE Category
Code: L20 - Housing
If you are a representative of Putnam County Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.