Overview
What is Choctaw Idabel Properties Inc Co Housing Authority?
Choctaw Idabel Properties Inc Co Housing Authority is a nonprofit organization based in Hugo, Oklahoma. Their primary focus is to offer affordable housing solutions for the elderly, catering to this demographic through a 19-unit apartment complex. The organization's mission is to provide a secure living environment for this age group, ensuring they have access to a comfortable and supportive community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Choctaw Idabel Properties Inc Co Housing Authority has achieved a strong Four-Star rating from Charity Navigator, indicating high performance in accountability and financial health. The overall score is driven by its Accountability & Finance score of 94%, showcasing a commitment to transparency and responsible management of resources.
The organization demonstrates significant strengths through its governance structure, with 100% of board members being independent, ensuring sound decision-making. Furthermore, it has not reported any material diversion of assets, which reflects a strong ethical stance. The presence of essential policies, such as conflict of interest and whistleblower protections, further enhances its credibility.
However, while the organization shows an impressive program expense ratio of 85.63%, indicating a substantial portion of resources directed towards its programs, the summary does not provide a comprehensive overview of its programmatic impact. This could be an area for potential improvement to better communicate the benefits and outcomes of their initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Choctaw Idabel Properties Inc Co Housing Authority legitimate?
Choctaw Idabel Properties Inc Co Housing Authority is a legitimate nonprofit organization registered as a 501(c)(3) entity. Choctaw Idabel Properties Inc Co Housing Authority 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: $14,397
For more financial information, click here
What is the mission statement of Choctaw Idabel Properties Inc Co Housing Authority?
The Choctaw Idabel Properties Inc Co Housing Authority's primary mission is to offer affordable housing for the elderly. They achieve this by managing a 19-unit apartment complex specifically designed for this demographic. The organization's goal is to provide a comfortable living environment that caters to the needs of the elderly, ensuring they can maintain their independence and dignity. By offering affordable housing, the Choctaw Idabel Properties Inc Co Housing Authority aims to contribute positively to the well-being and quality of life for this particular age group. The organization's focus is on ensuring that the elderly can live comfortably, with access to essential services and support as needed.
Who is the CEO of Choctaw Idabel Properties Inc Co Housing Authority?
K Duane Winship is the President of Choctaw Idabel Properties Inc Co Housing Authority.
What is the revenue of Choctaw Idabel Properties Inc Co Housing Authority?
Choctaw Idabel Properties Inc Co Housing Authority's revenue in 2022 was $115,707.
Who are the executives of Choctaw Idabel Properties Inc Co Housing Authority and what are their salaries?
There 6 volunteers at Choctaw Idabel Properties Inc Co Housing Authority.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Choctaw Idabel Properties Inc Co Housing Authority?
Choctaw Idabel Properties Inc Co Housing Authority's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Choctaw Idabel Properties Inc Co Housing Authority
Choctaw Idabel Properties Inc Co Housing Authority is dedicated to providing low-income housing for the elderly. This nonprofit organization operates a 19-unit apartment complex, serving as a refuge for elderly individuals who require affordable housing solutions. The mission of Choctaw Idabel Properties Inc Co Housing Authority is centered around offering a comfortable living space for the elderly, ensuring they have a place to call home despite their limited income. By providing this essential service, the organization is contributing significantly to the well-being and dignity of the elderly population, enabling them to live with independence and security.
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Impact
October, 2024
Choctaw Idabel Properties Inc Co Housing Authority significantly impacts the community by offering vital housing solutions for low-income elderly individuals. By managing a 19-unit apartment complex, this organization addresses the pressing need for affordable housing options in Hugo, Oklahoma. The provision of these accommodations not only enhances the quality of life for senior residents but also fosters a sense of community and security among them. This initiative helps alleviate the financial burdens that many elderly individuals face, allowing them to maintain independence and dignity while ensuring their living conditions are safe and supportive. Overall, its presence plays a crucial role in improving the welfare of vulnerable populations in the area.
This information is meant to be a general summary of Choctaw Idabel Properties Inc Co Housing Authority. 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: $380
- Program Service Revenue: $113,290
- Gross Receipts: $115,707
Assets and Liabilities:
- Total Assets: $1,070,569
- Total Liabilities: $19,978
- Net Assets: $1,050,591
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$113,290
Organization Details
Founding Year
2005
Phone
(580) 326-7521Principal Officer
K Duane Winship
Main Address
PO BOX G, HUGO, OK, 74743
NTEE Category
Code: L20 - Housing
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