Overview
What is Cookson Hills Hulbert Properties Inc?
Cookson Hills Hulbert Properties Inc is a nonprofit organization committed to serving the elderly community in Tulsa, Oklahoma. Their mission, as outlined by the Section 202 Housing Act of 1959, is to offer affordable housing solutions for qualified elderly individuals who are in need. The organization is dedicated to providing a safe and comfortable living environment for these citizens, contributing to their overall well-being and quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning it a Two-Star out of Four Star rating. This rating indicates that Cookson Hills Hulbert Properties Inc is performing adequately in certain areas but may have significant room for improvement, particularly in financial health.
The organization demonstrates strong governance with a fully independent board, scoring top marks in several accountability metrics, including board composition and conflict of interest policies. Additionally, it has an impressive program expense ratio of 95.71%, reflecting a commitment to allocating funds towards its mission-oriented activities.
However, the organization faces challenges with its financial sustainability, as indicated by a liabilities to assets ratio of 162.75%. This raises concerns regarding its financial health and ability to meet future obligations, which could impact its long-term viability and effectiveness. Overall, while Cookson Hills Hulbert Properties Inc showcases robust governance and program funding, it must address its financial stability to enhance its rating and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Cookson Hills Hulbert Properties Inc legitimate?
Cookson Hills Hulbert Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cookson Hills Hulbert Properties 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: $38,638
For more financial information, click here
What is the mission statement of Cookson Hills Hulbert Properties Inc?
Cookson Hills Hulbert Properties Inc is committed to offering low-income housing to eligible elderly individuals, adhering to the provisions of the Section 202 Housing Act of 1959. The organization's primary objective is to ensure affordable housing for senior citizens in need. Through its programs, Cookson Hills Hulbert Properties Inc strives to provide a suitable living environment for these individuals, promoting their well-being and independence. The properties, located in various areas, serve as a sanctuary for elderly people who may otherwise struggle with housing affordability.
Who is the CEO of Cookson Hills Hulbert Properties Inc?
Unavailable
What is the revenue of Cookson Hills Hulbert Properties Inc?
Cookson Hills Hulbert Properties Inc's revenue in 2022 was $102,293.
Who are the executives of Cookson Hills Hulbert Properties Inc and what are their salaries?
The average compensation at Cookson Hills Hulbert Properties Inc during 2022 was $19,319. There are 2 employees and 5 volunteers at Cookson Hills Hulbert Properties Inc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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Where can I find the form 990 for Cookson Hills Hulbert Properties Inc?
Cookson Hills Hulbert Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cookson Hills Hulbert Properties Inc
Cookson Hills Hulbert Properties Inc is committed to providing low-income housing to eligible elderly individuals. This mission is in line with the Section 202 Housing Act of 1959, a legislative framework that guides their operations. The organization's primary goal is to offer affordable living spaces for elderly citizens who are in need. The properties under Cookson Hills Hulbert Properties Inc's management are meticulously designed to cater to the needs of this specific demographic, ensuring a comfortable and secure living environment. The organization's dedication to this mission reflects its commitment to social responsibility and addressing the housing needs of a vulnerable population.
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Impact
October, 2024
Cookson Hills Hulbert Properties Inc has a significant impact on the community by addressing the critical need for affordable housing for elderly individuals. By providing low-income housing under the Section 202 Housing Act of 1959, the organization creates accessible living environments for qualified seniors who may struggle to find suitable accommodations.
Their efforts lead to improved quality of life for residents, ensuring that they have a stable, safe, and supportive place to call home. This initiative not only alleviates financial burdens for elderly citizens but also fosters a sense of community and belonging among residents. By situating these properties in Tulsa, OK, Cookson Hills Hulbert Properties contributes to the overall well-being of the local population, enabling elderly individuals to maintain their independence while having access to necessary resources and services.
This information is meant to be a general summary of Cookson Hills Hulbert Properties 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: $166
- Program Service Revenue: $34,637
- Gross Receipts: $102,293
Assets and Liabilities:
- Total Assets: $580,122
- Total Liabilities: $944,177
- Net Assets: -$364,055
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tenant Rent
Revenue
$34,059
Laundry and Vending
Revenue
$193
Tenant Charges
Revenue
$385
Organization Details
Founding Year
2004
Main Address
6859 S Canton Ave, Tulsa, OK, 74136
NTEE Category
Code: L22 - Housing
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