Overview
What is Frontier Housing Corporation?
Frontier Housing Corporation is a nonprofit organization situated in Dexter, New York. Their primary mission is to enhance and ensure the availability of affordable housing for individuals, families, the elderly, and the disabled, all of whom meet specific income requirements. They accomplish this by providing low and very low income housing options. Additionally, they offer grant assistance to help low and very low income homeowners improve substandard housing through rehabilitation projects. The organization manages sixty-six rental properties in Dexter, providing these services to eligible residents.
Official website here: www.frontierhousingcorporation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Frontier Housing Corporation has achieved a high rating of 96% from Charity Navigator, indicating a strong performance in Accountability and Finance. This score reflects the organization's commitment to transparency and effective financial management, with all aspects of the evaluation metrics showing excellent results. The organization received full marks for having a majority of independent board members and a solid audit and oversight committee.
The nonprofit's strong financial practices are exemplified by a program expense ratio of 90.23%, which suggests that a significant portion of its funding is directed toward its programs rather than administrative costs. Additionally, there are no reported issues with the diversion of assets, further enhancing its credibility and trustworthiness in the eyes of donors and stakeholders.
While the rating highlights impressive financial health, there is limited feedback on programmatic impact or community engagement. This could provide a more rounded view of the organization's overall effectiveness and influence in its target area. Nonetheless, the strong accountability measures in place suggest that Frontier Housing Corporation is well-equipped to manage its resources effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Frontier Housing Corporation legitimate?
Frontier Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frontier 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: $35,388
Professional Fundraising Fees: $0
Other Salaries and Wages: $163,926
For more financial information, click here
Official website here: www.frontierhousingcorporation.com
What is the mission statement of Frontier Housing Corporation?
Frontier Housing Corporation is dedicated to providing and enhancing housing opportunities. It achieves this by offering affordable housing options to individuals, families, the elderly, and disabled individuals who meet the income eligibility criteria. The corporation also provides grant assistance for homeowners with low and very low incomes to improve substandard housing. This organization operates sixty-six rental units, making these services accessible to the community in Dexter, NY.
Official website here: www.frontierhousingcorporation.com
Who is the CEO of Frontier Housing Corporation?
Laurie Hulbert is the Executive Director of Frontier Housing Corporation.
Official website here: www.frontierhousingcorporation.com
What is the revenue of Frontier Housing Corporation?
Frontier Housing Corporation's revenue in 2022 was $780,955.
Official website here: www.frontierhousingcorporation.com
Who are the executives of Frontier Housing Corporation and what are their salaries?
The average compensation at Frontier Housing Corporation during 2022 was $24,914. There are 8 employees at Frontier Housing Corporation.
Here are 7 key members and their salaries:
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- Compensation: $35,388
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Official website here: www.frontierhousingcorporation.com
Where can I find the form 990 for Frontier Housing Corporation?
Frontier Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.frontierhousingcorporation.com
Learn more at the official website: www.frontierhousingcorporation.com
Mission Statement of Frontier Housing Corporation
Frontier Housing Corporation, as a nonprofit organization, is dedicated to providing and enhancing housing opportunities for individuals and families who fall under the categories of low and very low income, including the elderly and those with disabilities. The corporation adheres to strict income level requirements to ensure that its services are accessible to those in need. Beyond offering rental units, Frontier Housing Corporation extends grant assistance to homeowners who require assistance in rehabilitating substandard housing. By providing these services, Frontier Housing Corporation is committed to improving living conditions and fostering a sense of community and stability for its residents.
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Impact
October, 2024
Frontier Housing Corporation has a significant impact on the community by providing and enhancing housing options for individuals and families in need. They focus on low and very low-income populations, including the elderly and handicapped, ensuring accessible housing for those who often face barriers in the housing market. The organization not only offers 66 rental units but also assists homeowners with grants to rehabilitate substandard properties, which improves the overall quality of housing in Dexter, NY.
By addressing the needs of vulnerable populations, Frontier Housing Corporation plays a vital role in fostering stability and security for its residents. Their efforts contribute to the revitalization of the community and promote healthier living conditions, ultimately uplifting the quality of life for many. Through these initiatives, they help create a more inclusive environment where everyone has the opportunity to thrive.
This information is meant to be a general summary of Frontier 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: $9,241
- Program Service Revenue: $559,971
- Gross Receipts: $782,664
Assets and Liabilities:
- Total Assets: $3,524,058
- Total Liabilities: $1,563,075
- Net Assets: $1,960,983
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES & CONTRACTS GOVT
Revenue
$300,640
RENT INCOME
Revenue
$259,331
Organization Details
Founding Year
1975
Phone
(315) 965-8150Principal Officer
Laurie Hulbert
Main Address
321 LAKEVIEW DRIVE PO BOX 56, DEXTER, NY, 13634
NTEE Category
Code: L80Z - Housing
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