Overview
What is Utica Neighborhood Housing?
Utica Neighborhood Housing is a nonprofit organization situated in Utica, New York, with its headquarters at 1611 Genesee Street. Their primary focus is on managing contracts for housing rehabilitation for low-income individuals. The organization's mission is centered around revitalizing and growing neighborhoods by promoting homeownership, enhancing housing conditions, and empowering communities. With a team of 16 dedicated employees, Utica Neighborhood Housing aims to improve living standards and foster community development in the area.
Official website here: www.unhs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Utica Neighborhood Housing has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization achieved a perfect score in several key areas, including independent board governance, where 100% of board members are independent, and financial oversight, with no material diversion of assets reported. This level of governance and transparency is indicative of a well-managed nonprofit.
The organization excels in its financial efficiency, with a program expense ratio of 95.08%, demonstrating that a significant portion of its budget is directed towards its mission-related programs. The favorable liabilities to assets ratio of 24.70% also suggests that Utica Neighborhood Housing maintains a healthy financial position, ensuring its long-term sustainability and ability to fulfill its objectives.
Despite the strong ratings and commendable practices, potential donors and stakeholders should always consider the specific programs and impact of the organization in the community. While the financial indicators are promising, understanding the qualitative impact of their work remains crucial for a comprehensive evaluation.
This AI summary has been generated from information found on Charity Navigator.
Is Utica Neighborhood Housing legitimate?
Utica Neighborhood Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Utica Neighborhood Housing 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: $811,389
For more financial information, click here
Official website here: www.unhs.org
What is the mission statement of Utica Neighborhood Housing?
Utica Neighborhood Housing's mission is centered around revitalizing and expanding communities. They achieve this goal through three key strategies: homeownership, rehabilitation, and community empowerment. By focusing on these areas, the organization aims to improve neighborhoods and provide opportunities for low-income individuals. In addition to their mission description, Utica Neighborhood Housing manages contracts for housing rehabilitation projects, furthering their goal of enhancing living conditions for those in need.
Official website here: www.unhs.org
Who is the CEO of Utica Neighborhood Housing?
Danielle Smith is the President of Utica Neighborhood Housing. The CEO's salary of Utica Neighborhood Housing is $112,299 and their total compensation is $123,776.
Official website here: www.unhs.org
What is the revenue of Utica Neighborhood Housing?
Utica Neighborhood Housing's revenue in 2023 was $4,141,557.
Official website here: www.unhs.org
Who are the executives of Utica Neighborhood Housing and what are their salaries?
The average compensation at Utica Neighborhood Housing during 2023 was $50,712. There are 16 employees at Utica Neighborhood Housing.
Here are 12 key members and their salaries (Utica Neighborhood Housing's CEO's salary is $112,299 and their total compensation is $123,776):
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- Compensation: $112,299
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- Other: $11,477
- Compensation: $93,955
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- Other: $9,538
Official website here: www.unhs.org
Where can I find the form 990 for Utica Neighborhood Housing?
Utica Neighborhood Housing's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.unhs.org
Learn more at the official website: www.unhs.org
Mission Statement of Utica Neighborhood Housing
Utica Neighborhood Housing, as a nonprofit organization, is committed to revitalizing and expanding neighborhoods. They achieve this by focusing on homeownership, housing rehabilitation, and community empowerment. By managing contracts for housing rehabilitation for low-income individuals, Utica Neighborhood Housing strives to improve living conditions and contribute to the overall growth of the communities they serve. Their mission is not just about renovating houses but also about fostering a sense of community and empowering the individuals who live there, ultimately leading to healthier and more vibrant neighborhoods.
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Impact
October, 2024
Utica Neighborhood Housing significantly impacts the local community by revitalizing and growing neighborhoods through a focus on homeownership, rehabilitation, and community empowerment. Their efforts in contracts management for housing rehabilitation specifically target low-income individuals, providing them with the resources and support needed to improve their living conditions. This initiative not only enhances the quality of housing but also promotes stability and pride within the community. By facilitating homeownership, they contribute to economic growth and social cohesion, ultimately fostering a more vibrant and resilient Utica.
This information is meant to be a general summary of Utica Neighborhood Housing. 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: $13,519
- Program Service Revenue: $26,359
- Gross Receipts: $4,141,557
Assets and Liabilities:
- Total Assets: $4,997,652
- Total Liabilities: $1,234,543
- Net Assets: $3,763,109
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COACHING-EDUCATION INCOME
Revenue
$16,935
INTEREST INCOME LENDING
Revenue
$6,834
MANAGEMENT FEE INCOME
Revenue
$2,296
LATE FEE INCOME
Revenue
$294
Organization Details
Founding Year
1979
Phone
(315) 724-4197Principal Officer
Danielle Smith
Main Address
1611 GENESEE STREET, UTICA, NY, 13501
Website
www.unhs.orgNTEE Category
Code: L80Z - Housing
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