Overview
What is Concord House Of Charleston Inc?
Concord House of Charleston Inc, located in Huntington, West Virginia, is a nonprofit organization that offers housing solutions for individuals with low income, mental illness, and disabilities. The organization operates a 16-unit apartment complex, all expenses of which are attributed to the facility. Their mission is to provide suitable housing for these individuals, with facilities specifically designed to cater to their unique needs. The organization's primary activity revolves around offering housing solutions, ensuring that those in need have a place to call home and live with dignity and comfort.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%, Two-Star out of Four Star Rating)
Concord House Of Charleston Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement. The organization demonstrates strong accountability and finance practices, with a perfect score for having a majority of independent board members and no material diversion of assets. Their program expense ratio is commendable at 72.64%, suggesting that a significant portion of their expenses is directed towards their programs.
Despite these strengths, the overall score reflects some areas where the organization may not fully meet best practices or donor expectations. While the board is independent and documents meeting minutes, there may be concerns regarding transparency and operational efficiency that could be improved. The liabilities to assets ratio is low, which is a positive sign, but further details on program impact and overall financial health would be beneficial for potential donors.
In summary, while Concord House Of Charleston Inc exhibits solid governance and a focus on programmatic spending, the need for improvement in certain operational areas may impact donor confidence. Engaging in transparency and demonstrating the effectiveness of their programs could enhance their rating and overall reputation.
This AI summary has been generated from information found on Charity Navigator.
Is Concord House Of Charleston Inc legitimate?
Concord House Of Charleston Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concord House Of Charleston 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: $16,918
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What is the mission statement of Concord House Of Charleston Inc?
Concord House of Charleston Inc is dedicated to providing housing solutions for individuals who are financially disadvantaged, mentally ill, and/or disabled. The organization operates housing facilities specifically designed to cater to their unique needs. The corporation owns and manages a 16-unit apartment complex, catering to low-income individuals with disabilities and mental impairments. All expenses related to the facility are attributed to its operations. In essence, Concord House of Charleston Inc is committed to offering a safe and suitable living environment for those in need.
Who is the CEO of Concord House Of Charleston Inc?
Frank Markun is the Chair of Concord House Of Charleston Inc.
What is the revenue of Concord House Of Charleston Inc?
Concord House Of Charleston Inc's revenue in 2022 was $118,466.
Who are the executives of Concord House Of Charleston Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Concord House Of Charleston Inc?
Concord House Of Charleston Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Concord House Of Charleston Inc
Concord House of Charleston Inc is dedicated to providing housing solutions for individuals who are low income, mentally ill, and/or disabled. Recognizing the unique needs of this population, the organization operates a 16-unit apartment complex specifically designed to cater to their requirements. The corporation's primary goal is to offer a living space that is both comfortable and supportive, ensuring that all expenses are attributed to the facility. By providing housing facilities tailored to their needs, Concord House of Charleston Inc aims to contribute positively to the lives of these individuals, offering them a sense of stability and safety.
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Impact
October, 2024
Concord House Of Charleston Inc significantly impacts its community by providing essential housing for low-income individuals who are disabled or mentally ill. With a dedicated 16-unit apartment complex tailored to meet the specific needs of these individuals, it creates a stable living environment that fosters independence and security.
By addressing the critical housing needs of vulnerable populations, it alleviates the challenges of homelessness and instability, allowing residents to focus on improving their quality of life. The facilities are designed with unique considerations to ensure accessibility and comfort, directly responding to the requirements of its residents. This initiative not only contributes to individual well-being but also aids in the overall enhancement of community health and cohesion in Huntington, WV.
Through its commitment to providing suitable housing, Concord House empowers residents, promoting dignity and a sense of belonging, while simultaneously reducing the strain on local social services. The organization plays a vital role in supporting the underserved, demonstrating a profound commitment to enhancing the lives of those most in need.
This information is meant to be a general summary of Concord House Of Charleston 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 2022.
- Investment Income: $18
- Program Service Revenue: $42,451
- Gross Receipts: $118,466
Assets and Liabilities:
- Total Assets: $399,540
- Total Liabilities: $38,051
- Net Assets: $361,489
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS- TENANTS
Revenue
$42,451
Organization Details
Founding Year
2002
Phone
(304) 525-7851Principal Officer
Frank Markun
Main Address
PO BOX 8069, HUNTINGTON, WV, 25705
NTEE Category
Code: P70 - Human services
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