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Cla Homes Ii Corp

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200743932 ✦ Fairfax, VA ✦ Designated as a 501(c)(3)

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Overview

What is Cla Homes Ii Corp?

Cla Homes II Corp is a nonprofit organization committed to offering affordable housing solutions to individuals with disabilities. In line with Section 811 of the National Affordable Housing Act, their mission is to provide a suitable living environment for the chronically mentally disabled and other persons with disabilities. By doing so, they aim to ensure that these individuals have access to safe and affordable housing, thereby improving their overall quality of life.


Official website here: www.cla-va.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84%, Three-Star out of Four Star Rating

Cla Homes II Corp has received a solid rating of 84%, reflecting a high level of accountability and financial health. The overall score is derived from a single beacon score, which indicates strong performance in transparency and governance. Notably, the organization boasts a majority of independent board members and has no material diversion of assets, showcasing its commitment to ethical management practices.

The nonprofit's financial metrics further illustrate its strengths, with an impressive program expense ratio of 84.17%, indicating that a significant portion of its budget is directed toward fulfilling its mission. Additionally, the organization has established comprehensive policies regarding conflicts of interest and document retention, which bolster its credibility and governance framework.

While the rating is commendable, it is important for potential donors and supporters to consider the broader impact of the organization's programs and services. Although financial health is a key indicator, understanding the effectiveness and reach of its initiatives can provide a more complete picture of Cla Homes II Corp's overall contributions to the community.


This AI summary has been generated from information found on Charity Navigator.

Is Cla Homes Ii Corp legitimate?

Cla Homes Ii Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cla Homes Ii Corp 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: $0

For more financial information, click here


Official website here: www.cla-va.org

What is the mission statement of Cla Homes Ii Corp?

Cla Homes II Corp's mission revolves around providing affordable housing for individuals with disabilities. Specifically, they focus on serving the chronically mentally disabled and adhere to Section 811 of the National Affordable Housing Act. Their goal is to ensure that individuals with disabilities have access to housing, thereby improving their overall quality of life. They are committed to making a difference in this community by delivering affordable housing solutions.


Official website here: www.cla-va.org

Who is the CEO of Cla Homes Ii Corp?

Susan Keenan is the Executive Director of Cla Homes Ii Corp.


Official website here: www.cla-va.org

What is the revenue of Cla Homes Ii Corp?

Cla Homes Ii Corp's revenue in 2022 was $88,797.


Official website here: www.cla-va.org

Who are the executives of Cla Homes Ii Corp and what are their salaries?

There 3 volunteers at Cla Homes Ii Corp.


Here are 5 key members and their salaries:


Gena Bunney (Corporate Secretary)
  • Compensation: $0
  • Related: $116,676
  • Other: $7,471
Jack Porter Cpa (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Laster Esq (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Gatti (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Keenan (Executive Director)
  • Compensation: $0
  • Related: $144,484
  • Other: $922


Official website here: www.cla-va.org

Where can I find the form 990 for Cla Homes Ii Corp?

Cla Homes Ii Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cla-va.org

Learn more at the official website: www.cla-va.org

Mission Statement of Cla Homes Ii Corp

Cla Homes II Corp, as a mission-driven organization, is dedicated to providing affordable housing for individuals living with disabilities. More specifically, the corporation focuses on serving those with chronic mental disabilities, adhering to Section 811 of the National Affordable Housing Act. This act serves as a guideline, enabling Cla Homes II Corp to offer suitable and affordable living spaces for this vulnerable population. By doing so, the organization aims to contribute significantly to improving the quality of life for these individuals, ensuring they have access to safe and comfortable housing.

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Impact




October, 2024

Cla Homes II Corp plays a significant role in addressing the housing needs of individuals with disabilities, particularly those facing chronic mental health challenges. By focusing on providing affordable housing under Section 811 of the National Affordable Housing Act, the organization helps to create stable living environments for vulnerable populations in Fairfax, VA.

This initiative not only offers essential housing solutions but also contributes to greater community inclusion and empowerment for individuals with disabilities. It alleviates the financial burden that often comes with securing safe and accessible accommodations, thereby improving the overall quality of life for residents. In a society where affordable housing is increasingly scarce, Cla Homes II Corp's commitment to this cause makes a meaningful impact on the lives of those it serves, fostering independence and dignity within the local community.




This information is meant to be a general summary of Cla Homes Ii Corp. 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.

Revenue
$88,797 (2022)
Expenses
$127,817 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9
  • Program Service Revenue: $88,788
  • Gross Receipts: $88,797

Assets and Liabilities:

  • Total Assets: $849,101
  • Total Liabilities: $42,196
  • Net Assets: $806,905

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$88,788

Organization Details

Founding Year

2004

Principal Officer

Susan Keenan

Main Address

9401 LEE HIGHWAY 406, FAIRFAX, VA, 22031

NTEE Category

Code: L21 - Housing

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