Overview
What is Housing Visions Unlimited Inc?
Housing Visions Unlimited Inc, located in Syracuse, New York, is a dedicated nonprofit organization committed to providing affordable housing and fostering sustainable community growth. With a workforce of 138 employees, they manage rentals for 291 low-income families, spread across scattered multi-family buildings. The organization adheres to stringent compliance requirements and aims to deliver high-quality services. Beyond housing, Housing Visions invests in individuals, families, and community resources, aiming to uplift families from poverty and guide them towards economic stability. Their mission extends beyond real estate development, collaborating with local communities to bring about enduring, beneficial changes in their neighborhoods.
Official website here: www.housingvisions.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Housing Visions Unlimited Inc has received a Three-Star rating from Charity Navigator, reflecting a solid score of 83%. This rating emphasizes the organization’s strong commitment to accountability and finance, as it is solely based on its performance in that area. The evaluation highlights the charity's effective management practices, which include a fully independent board and well-structured financial oversight.
Significant strengths noted in the organization include its independent board members, with 91% being independent, and a robust financial oversight committee. The charity has demonstrated transparency by listing essential policies such as conflict of interest and whistleblower policies on its website. Additionally, Housing Visions excels in program expenses, with an impressive 88.34% allocated to its programs directly, coupled with excellent fundraising efficiency, indicating that it raises funds effectively and utilizes them for its mission.
However, the organization does have a liability to assets ratio of 67.08%, which may signal some vulnerability in its financial structure. While this is not unusual for nonprofits, it’s an area to watch. Overall, Housing Visions Unlimited shows strong financial health and governance, making it a reliable nonprofit within its service domain.
This AI summary has been generated from information found on Charity Navigator.
Is Housing Visions Unlimited Inc legitimate?
Housing Visions Unlimited Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Visions Unlimited 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: $514,054
Professional Fundraising Fees: $0
Other Salaries and Wages: $444,000
For more financial information, click here
Official website here: www.housingvisions.org
What is the mission statement of Housing Visions Unlimited Inc?
Housing Visions Unlimited Inc's mission is to spearhead sustainable, beneficial transformations in neighborhoods through real estate development and community collaboration. The organization focuses on the development and management of affordable housing, providing rental units for 291 low-income families. These families live in scattered multi-family buildings, and the properties adhere to numerous compliance requirements. Beyond rental management, Housing Visions strives to offer high-quality services, investing in the individuals, families, and community resources to help transition families out of poverty and towards economic stability.
Official website here: www.housingvisions.org
Who is the CEO of Housing Visions Unlimited Inc?
Benjamin Lockwood is the Director of Housing Visions Unlimited Inc. The CEO's salary of Housing Visions Unlimited Inc is $173,747 and their total compensation is $207,396.
Official website here: www.housingvisions.org
What is the revenue of Housing Visions Unlimited Inc?
Housing Visions Unlimited Inc's revenue in 2022 was $2,840,323.
Official website here: www.housingvisions.org
Who are the executives of Housing Visions Unlimited Inc and what are their salaries?
The average compensation at Housing Visions Unlimited Inc during 2022 was $6,942. There are 138 employees and 25 volunteers at Housing Visions Unlimited Inc.
Here are 15 key members and their salaries (Housing Visions Unlimited Inc's CEO's salary is $173,747 and their total compensation is $207,396):
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- Compensation: $173,747
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- Other: $33,649
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- Compensation: $145,617
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- Other: $29,076
- Compensation: $118,785
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- Other: $16,950
- Compensation: $90,409
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- Other: $27,981
Official website here: www.housingvisions.org
Where can I find the form 990 for Housing Visions Unlimited Inc?
Housing Visions Unlimited Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.housingvisions.org
Learn more at the official website: www.housingvisions.org
Mission Statement of Housing Visions Unlimited Inc
Housing Visions Unlimited Inc is committed to spearheading sustainable, positive changes in neighborhoods by engaging in the development and management of affordable housing. Their mission is to serve as a catalyst, leveraging real estate development and community collaboration to bring about transformative changes. The organization focuses on providing high-quality services to 291 qualified low-income tenant families, who reside in scattered site multi-family buildings that may not be located close to each other. These properties are subject to numerous compliance requirements that Housing Visions Unlimited Inc diligently adheres to. Beyond managing the properties, the organization invests in the individuals, families, and community resources to assist them in transitioning out of poverty and achieving economic stability.
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Impact
October, 2024
Housing Visions Unlimited Inc plays a vital role in enhancing the quality of life for low-income tenant families through the development and management of affordable housing. By providing access to rental housing units for 291 qualified families in Syracuse, NY, the organization addresses a critical need in the community. These residential properties are strategically located in scattered site multi-family buildings, thereby fostering diverse neighborhoods that promote integration.
The organization not only adheres to strict compliance requirements but also prioritizes high-quality service delivery. By investing in individual and family resources, Housing Visions Unlimited Inc aims to facilitate the transition of families from poverty to economic stability. This commitment to community development and collaboration makes it a catalyst for sustainable, positive change in neighborhoods. Through its initiatives, the organization fosters a supportive environment that empowers residents, promoting long-term success and well-being within the community.
This information is meant to be a general summary of Housing Visions Unlimited 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: $16,285
- Program Service Revenue: $901,318
- Gross Receipts: $3,094,952
Assets and Liabilities:
- Total Assets: $15,749,071
- Total Liabilities: $10,564,715
- Net Assets: $5,184,356
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY MANAGEMENT RE
Revenue
$887,620
GREEN BUILDING SERVICE
Revenue
$10,538
CONSULTING SERVICES
Revenue
$3,160
Organization Details
Founding Year
1990
Phone
(315) 472-3820Principal Officer
Benjamin Lockwood
Main Address
1201 EAST FAYETTE STREET 26, SYRACUSE, NY, 13210
Website
www.housingvisions.orgNTEE Category
Code: L25Z - Housing
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