Overview
What is Coalition For Housing Opportunities Inc?
Coalition For Housing Opportunities Inc is a charitable nonprofit organization, established with the sole purpose of acquiring and managing a 20-bed facility specifically designed for individuals living with Alzheimer's disease. The organization's mission is centered around providing care and support for these individuals, aiming to improve their quality of life. Although the information provided is limited, it is clear that the Coalition For Housing Opportunities Inc is dedicated to serving the Alzheimer's community in a meaningful way.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Coalition For Housing Opportunities Inc received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. While the organization boasts a fully independent board, issues arise from the absence of financial statements and missing critical documents on its website, which significantly impacted its overall score.
The organization demonstrates a strong commitment to its mission, reflected in an impressive program expense ratio of 97.32%, suggesting that the majority of its funds are directed towards its programs. This focus on programmatic spending is a positive aspect of its operations, indicating effective use of resources to achieve its goals.
However, the lack of transparency in financial reporting and missing policies, such as document retention and tax form postings, raises concerns regarding the organization's accountability. These limitations may hinder potential donors' trust and willingness to support the nonprofit. Addressing these issues could enhance its overall standing and community confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Coalition For Housing Opportunities Inc legitimate?
Coalition For Housing Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coalition For Housing Opportunities 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: $694,447
For more financial information, click here
What is the mission statement of Coalition For Housing Opportunities Inc?
The Coalition For Housing Opportunities Inc was established as a charitable organization with a primary objective. This objective involves acquiring and operating a 20-bed Alzheimer facility. The organization's mission is centered around providing a suitable environment for individuals battling Alzheimer's disease, offering them care and support during their journey. The facility aims to provide a comfortable and nurturing environment, catering to the unique needs of these individuals. The Coalition's operations are solely dedicated to this charitable cause.
Who is the CEO of Coalition For Housing Opportunities Inc?
Wilbur G Dove is the President of Coalition For Housing Opportunities Inc.
What is the revenue of Coalition For Housing Opportunities Inc?
Coalition For Housing Opportunities Inc's revenue in 2022 was $1,516,428.
Who are the executives of Coalition For Housing Opportunities Inc and what are their salaries?
The average compensation at Coalition For Housing Opportunities Inc during 2022 was $13,103. There are 53 employees and 3 volunteers at Coalition For Housing Opportunities Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Coalition For Housing Opportunities Inc?
Coalition For Housing Opportunities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Coalition For Housing Opportunities Inc
Coalition For Housing Opportunities Inc, a charitable organization, was established with a singular focus. Their mission is to procure and manage a 20-bed facility specifically designed for individuals suffering from Alzheimer's disease. This organization operates with the aim of providing a safe and supportive environment for these individuals, helping them navigate their journey with this debilitating condition. By acquiring and operating this facility, Coalition For Housing Opportunities Inc seeks to contribute to the well-being of those affected by Alzheimer's, offering them a space where they can receive appropriate care and attention.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Coalition For Housing Opportunities Inc significantly impacts the community by providing specialized housing for individuals with Alzheimer's disease. By establishing and operating a 20-bed facility, the organization creates a safe and supportive environment tailored to the unique needs of those affected by this condition. This initiative not only addresses the pressing need for appropriate care and accommodation for Alzheimer's patients but also offers respite to families and caregivers who often bear the emotional and physical burden of caregiving. The facility fosters a sense of community, ensuring that residents receive compassionate care while maintaining dignity and independence. Overall, the organization's work enhances the quality of life for residents and provides essential support for their families in Winchester, VA.
This information is meant to be a general summary of Coalition For Housing Opportunities 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: $5
- Program Service Revenue: $642,083
- Gross Receipts: $1,516,428
Assets and Liabilities:
- Total Assets: $1,558,331
- Total Liabilities: $2,225,375
- Net Assets: -$667,044
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$626,583
ASSESSMENT/EVALUATION
Revenue
$15,500
Organization Details
Founding Year
2009
Phone
(757) 938-6124Principal Officer
Wilbur G Dove
Main Address
185 PROMINENCE CIRCLE, WINCHESTER, VA, 22603
NTEE Category
Code: L01 - Housing
If you are a representative of Coalition For Housing Opportunities Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.