Overview
What is Fourth Street Housing Development Fund?
The Fourth Street Housing Development Fund is a nonprofit organization that specializes in providing housing solutions for physically disabled individuals. They accomplish this through a 19-unit apartment project, which is regulated and financially supported by the US Department of Housing and Urban Development. This project is designed to offer suitable living spaces for individuals with physical disabilities, ensuring they have access to safe and subsidized housing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
Fourth Street Housing Development Fund has achieved an impressive 94% rating, reflecting a strong performance in accountability and finance. This high score indicates that the organization operates with a high level of transparency and financial integrity, which is crucial for maintaining donor trust and support.
The organization boasts a completely independent board, with all members free from conflicts of interest, ensuring unbiased governance. Its commitment to sound financial practices is evident in its low liabilities to assets ratio and high program expense ratio, with nearly 85% of its expenses directed towards fulfilling its mission. The presence of key policies, such as whistleblower and conflict of interest policies, further enhances its accountability.
While the data highlights significant strengths, the overall assessment is based solely on financial accountability rather than broader impact metrics. This focus could limit insights into the organization's effectiveness in achieving its mission beyond financial management. Nevertheless, Fourth Street Housing Development Fund demonstrates good practices that align with nonprofit standards.
This AI summary has been generated from information found on Charity Navigator.
Is Fourth Street Housing Development Fund legitimate?
Fourth Street Housing Development Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fourth Street Housing Development Fund 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: $62,845
For more financial information, click here
What is the mission statement of Fourth Street Housing Development Fund?
The Fourth Street Housing Development Fund is committed to providing housing solutions for physically disabled individuals. They accomplish this through a 19-unit apartment project, which is regulated and subsidized by the United States Department of Housing and Urban Development. The organization's primary goal is to make housing accessible and affordable for those with physical disabilities, thereby enhancing their quality of life. The project is designed to offer a supportive living environment, ensuring that the physically disabled have a place to call home. The organization's work is instrumental in providing a sense of independence and dignity to individuals with physical disabilities.
Who is the CEO of Fourth Street Housing Development Fund?
John Barber is the Director of Fourth Street Housing Development Fund.
What is the revenue of Fourth Street Housing Development Fund?
Fourth Street Housing Development Fund's revenue in 2022 was $183,496.
Who are the executives of Fourth Street Housing Development Fund and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Fourth Street Housing Development Fund?
Fourth Street Housing Development Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fourth Street Housing Development Fund
The Fourth Street Housing Development Fund is a nonprofit organization dedicated to providing housing solutions for the physically disabled. Through a 19-unit apartment project, this organization fulfills its mission. This project is meticulously regulated and subsidized by the United States Department of Housing and Urban Development, ensuring that the living conditions meet the specific needs of its residents. The Fourth Street Housing Development Fund's efforts contribute significantly to creating a living environment that is inclusive and accommodating for individuals with physical disabilities.
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Impact
October, 2024
Fourth Street Housing Development Fund significantly impacts the community by providing essential housing for individuals with physical disabilities. Through its 19-unit apartment project in Jamestown, NY, the organization ensures that residents have access to safe and regulated living spaces, which are subsidized by the U.S. Department of Housing and Urban Development. This initiative addresses a critical need for accessible housing, fostering independence and enhancing the quality of life for its residents. By prioritizing the needs of the physically disabled, the Fourth Street Housing Development Fund promotes inclusivity and support within the community, making a meaningful difference in the lives of those it serves.
This information is meant to be a general summary of Fourth Street Housing Development Fund. 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: $6
- Program Service Revenue: $64,617
- Gross Receipts: $183,496
Assets and Liabilities:
- Total Assets: $1,994,986
- Total Liabilities: $29,120
- Net Assets: $1,965,866
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$62,502
LAUNDRY FACILITIES
Revenue
$2,115
Organization Details
Founding Year
1995
Phone
(716) 664-2802Principal Officer
John Barber
Main Address
101 EAST FOURTH STREET, JAMESTOWN, NY, 14701
NTEE Category
Code: L20Z - Housing
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