Overview
What is Lincoln Street Housing Inc?
Lincoln Street Housing Inc, situated in Oakland, California, is a nonprofit organization primarily focused on low-income housing. They are the proprietors and managers of a 10-unit apartment building, providing homes for 14 individuals living with disabilities. Their mission encompasses constructing, owning, and operating such facilities, aiming to contribute positively to their community. With a small team of dedicated individuals, Lincoln Street Housing Inc continues its mission to provide affordable and accessible housing solutions for those in need.
Official website here: www.hceb.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Lincoln Street Housing Inc has earned a Three-Star rating from Charity Navigator, reflecting an overall score of 82%. This rating is based entirely on their Accountability & Finance score, indicating a strong emphasis on financial transparency and responsible management of resources. The evaluation highlights their commitment to maintaining an independent board, with 100% of board members being independent, which contributes to their high score in governance practices.
The organization demonstrated exceptional performance in several key areas, including a program expense ratio of 89.45%, which indicates a strong focus on directing funds toward their mission. They also scored full points for having a whistleblower policy, document retention practices, and maintaining accurate board meeting minutes. These factors collectively suggest a well-structured organization that prioritizes accountability to its stakeholders.
While the overall rating is solid, it is important for potential donors to consider the aspects that influence these ratings and ensure the nonprofit aligns with their values and objectives. Lincoln Street Housing Inc appears to be a reliable choice for those looking to support an organization with transparent practices and a clear commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Lincoln Street Housing Inc legitimate?
Lincoln Street Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln Street Housing 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: $27,221
For more financial information, click here
Official website here: www.hceb.org
What is the mission statement of Lincoln Street Housing Inc?
Lincoln Street Housing Inc, as an organization, is committed to constructing, owning, and operating a facility that provides affordable housing for individuals with low income. Their primary goal is to create a living space for 14 adults who live with disabilities. In practical terms, they manage a 10-unit apartment building, serving as both the owner and the manager of this property.
Official website here: www.hceb.org
What is the revenue of Lincoln Street Housing Inc?
Lincoln Street Housing Inc's revenue in 2024 was $188,431.
Official website here: www.hceb.org
Who are the executives of Lincoln Street Housing Inc and what are their salaries?
There 7 volunteers at Lincoln Street Housing Inc.
Here are 8 key members and their salaries:
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Official website here: www.hceb.org
Where can I find the form 990 for Lincoln Street Housing Inc?
Lincoln Street Housing Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.hceb.org
Learn more at the official website: www.hceb.org
Mission Statement of Lincoln Street Housing Inc
Lincoln Street Housing Inc, as its name suggests, is committed to constructing, owning, and operating a facility for individuals with low income. This mission is geared towards providing housing solutions for those in need, specifically focusing on 14 adults living with disabilities. The organization serves as the property manager of a 10-unit apartment building, ensuring the well-being and comfort of its residents. By constructing and managing affordable housing, Lincoln Street Housing Inc plays a vital role in providing a stable living environment for those who may otherwise struggle to secure such accommodations.
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Impact
October, 2024
Lincoln Street Housing Inc. plays a critical role in addressing housing insecurity for low-income individuals, particularly those with disabilities. By constructing, owning, and managing a facility that includes a 10-unit apartment building, it provides a stable living environment for 14 adults living with disabilities in Oakland, CA.
This initiative not only meets essential housing needs but also fosters a sense of community and belonging among residents. The organization enhances the quality of life for these individuals by offering them a safe and supportive environment where they can thrive. Through property management and dedicated services, Lincoln Street Housing Inc. contributes significantly to human services in the area, ensuring that vulnerable populations have access to basic housing, which is essential for their independence and overall well-being.
This information is meant to be a general summary of Lincoln Street Housing 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 2024.
- Investment Income: $1,381
- Program Service Revenue: $69,090
- Gross Receipts: $188,431
Assets and Liabilities:
- Total Assets: $2,847,354
- Total Liabilities: $2,701,975
- Net Assets: $145,379
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAUNDRY & VENDING INCOME
Revenue
$798
TENANT RENTAL INCOME
Revenue
$68,292
Organization Details
Founding Year
2003
Principal Officer
Darin Lounds
Website
www.hceb.orgNTEE Category
Code: P73 - Human services
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