Overview
What is Davidson Heights Inc?
Davidson Heights Inc, based in Muskogee, Oklahoma, is a nonprofit organization with a commendable mission. They specialize in owning, maintaining, and operating a low-income housing program, funded by the HUD Section 202 Program. Their primary goal is to provide affordable housing solutions for individuals with limited financial means, contributing positively to their community. By offering this essential service, Davidson Heights Inc plays a crucial role in ensuring housing security for a vulnerable population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Score: 72%, Two-Star out of Four Star rating)
Davidson Heights Inc has received a two-star rating from Charity Navigator, indicating that while there are areas of strength, significant improvements are necessary. The organization excels in accountability and finance, achieving a perfect score of 100% in this category, which suggests strong governance practices, including a fully independent board and effective conflict of interest policies.
However, the financial health of Davidson Heights Inc raises concerns, particularly with a liabilities to assets ratio of 150.68%, resulting in no points awarded in that area. This high ratio suggests potential financial instability, which could impact the organization's overall sustainability and ability to fulfill its mission. Despite the strengths in program expenses, which are commendable at 86.26%, the financial challenges noted may limit future growth and operational capacity.
This AI summary has been generated from information found on Charity Navigator.
Is Davidson Heights Inc legitimate?
Davidson Heights Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Davidson Heights 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: $4,671
For more financial information, click here
What is the mission statement of Davidson Heights Inc?
Davidson Heights Inc, as an organization, is committed to providing housing for individuals with low income. Through the HUD Section 202 Program, they manage and maintain a housing program with this mission in mind. Located elsewhere, the specific location is not provided in the information, Davidson Heights Inc focuses on fulfilling its mission by offering affordable housing solutions to those in need.
Who is the CEO of Davidson Heights Inc?
Blake Farris is the Executive Director of Davidson Heights Inc.
What is the revenue of Davidson Heights Inc?
Davidson Heights Inc's revenue in 2022 was $71,338.
Who are the executives of Davidson Heights Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $114,966
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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 Davidson Heights Inc?
Davidson Heights Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Davidson Heights Inc
Davidson Heights Inc, a nonprofit organization, is dedicated to fulfilling its mission by providing housing opportunities for individuals with limited income. Through the HUD Section 202 Program, Davidson Heights owns, manages, and maintains a low income housing program. This mission is centered around offering a stable living environment for those who require financial assistance, allowing them to focus on other aspects of their lives. Davidson Heights Inc's mission is a testament to its commitment to enhancing the quality of life for its residents, thereby contributing positively to their overall well-being.
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Impact
August, 2024
Davidson Heights Inc's impact is significant in providing essential housing to low-income individuals in Muskogee, Oklahoma. Through its ownership, maintenance, and operation of a low-income housing program under the HUD Section 202 Program, Davidson Heights ensures that those in need have a safe and affordable place to call home. By focusing on the mission of providing housing to low-income individuals, Davidson Heights plays a crucial role in addressing housing insecurity and supporting the well-being of the community.
This information is meant to be a general summary of Davidson Heights 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: $58
- Program Service Revenue: $53,202
- Gross Receipts: $71,338
Assets and Liabilities:
- Total Assets: $958,831
- Total Liabilities: $1,376,342
- Net Assets: -$417,511
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Dwelling Rent
Revenue
$53,104
Laundry
Revenue
$98
Organization Details
Founding Year
2006
Phone
(918) 687-6301Principal Officer
Blake Farris
Main Address
PO Box 1471, Muskogee, OK, 74402
NTEE Category
Code: P75 - Human services
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