Overview
What is Community Housing Land Trust Of Ri Inc?
Community Housing Land Trust of RI Inc, situated in Pawtucket, Rhode Island, is a nonprofit organization dedicated to alleviating poverty and assisting underprivileged residents. Their mission revolves around promoting and preserving affordable housing in various communities across the state. They achieve this by coordinating and supporting initiatives that provide permanent, affordable dwellings for residents. This commitment to affordable housing aims to improve the living conditions and overall well-being of the individuals and families they serve.
Official website here: www.housingnetworkri.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Community Housing Land Trust Of Ri Inc demonstrates a robust commitment to accountability and finance, achieving a perfect score of 100% in these areas. The organization's strong financial health is indicated by a low liabilities to assets ratio of just 0.08%, suggesting effective management of financial resources. Additionally, it maintains a high program expense ratio of 83.40%, reflecting a significant portion of its budget directed towards its mission-driven programs.
The organization boasts a fully independent board, with all ten members meeting the criteria for independence. It has comprehensive policies in place, including conflict of interest and whistleblower policies, which enhance transparency and ethical governance. Furthermore, their documentation practices, such as board meeting minutes, contribute to a culture of accountability and openness.
No significant limitations were noted in the data, positioning the Community Housing Land Trust Of Ri Inc as a well-managed nonprofit that prioritizes its mission and ensures responsible stewardship of its resources. Overall, the high rating from Charity Navigator underscores the trustworthiness and effectiveness of the organization in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Community Housing Land Trust Of Ri Inc legitimate?
Community Housing Land Trust Of Ri Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Housing Land Trust Of Ri 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: $0
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Official website here: www.housingnetworkri.org
What is the mission statement of Community Housing Land Trust Of Ri Inc?
The Community Housing Land Trust Of RI Inc, in its mission, strives to aid the underprivileged residents of any community in Rhode Island by establishing and maintaining affordable housing. This is achieved through the operation of a community land trust, which provides decent, safe, and reasonably priced housing solutions. The organization's primary goal is to alleviate poverty and distress by promoting housing stability and security. It supports various efforts across Rhode Island to provide long-term affordable housing options for its residents.
Official website here: www.housingnetworkri.org
Who is the CEO of Community Housing Land Trust Of Ri Inc?
Melina Lodge is the President of Community Housing Land Trust Of Ri Inc.
Official website here: www.housingnetworkri.org
What is the revenue of Community Housing Land Trust Of Ri Inc?
Community Housing Land Trust Of Ri Inc's revenue in 2023 was $97,095.
Official website here: www.housingnetworkri.org
Who are the executives of Community Housing Land Trust Of Ri Inc and what are their salaries?
There 5 volunteers at Community Housing Land Trust Of Ri Inc.
Here are 5 key members and their salaries:
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Official website here: www.housingnetworkri.org
Where can I find the form 990 for Community Housing Land Trust Of Ri Inc?
Community Housing Land Trust Of Ri Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.housingnetworkri.org
Learn more at the official website: www.housingnetworkri.org
Mission Statement of Community Housing Land Trust Of Ri Inc
Community Housing Land Trust of RI Inc is dedicated to alleviating the struggles of low-income, distressed, and underprivileged residents in Rhode Island. Their mission is centered around promoting affordability in housing by coordinating and supporting initiatives that provide permanent, decent, and safe living spaces. This nonprofit organization strives to achieve this goal by utilizing the services of a community land trust, which is a strategic approach to preserve and create affordable housing options for those in need. The mission of Community Housing Land Trust of RI Inc is thus to provide relief and improve the living conditions of economically disadvantaged individuals in Rhode Island by creating and maintaining affordable housing opportunities.
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Impact
October, 2024
The Community Housing Land Trust of RI Inc significantly impacts the local communities of Rhode Island by fostering permanent affordable housing solutions. By coordinating and supporting initiatives aimed at creating and preserving safe, decent, and affordable housing, it addresses the pressing needs of poor, distressed, and underprivileged residents. This organization actively engages in making housing accessible, contributing to community stability and improving the quality of life for individuals and families across the state. Through its dedicated efforts, it plays a vital role in ensuring that residents have access to the resources they need to thrive in secure living environments, ultimately boosting community resilience and growth.
This information is meant to be a general summary of Community Housing Land Trust Of Ri 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 2023.
- Program Service Revenue: $97,095
- Gross Receipts: $97,095
Assets and Liabilities:
- Total Assets: $918,628
- Total Liabilities: $757
- Net Assets: $917,871
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$97,095
Organization Details
Founding Year
2005
Phone
(401) 721-5680Principal Officer
Melina Lodge
Main Address
1070 MAIN STREET, PAWTUCKET, RI, 02860
Website
www.housingnetworkri.orgNTEE Category
Code: T31 - Philanthropy
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