Overview
What is National Housing And Educational Trust?
The National Housing and Educational Trust is a nonprofit organization dedicated to contributing to the well-being of low-income and elderly individuals in the United States. They specialize in activities related to housing facilities, aiming to provide suitable living spaces for these vulnerable groups. Furthermore, their mission extends beyond housing, encompassing educational services that align with these housing facilities. In essence, the National Housing and Educational Trust works towards enhancing the living conditions and opportunities for low-income and elderly people in the U.S.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars (32%)
The National Housing And Educational Trust has received a low rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The score reflects a lack of transparency, as the charity has not provided essential financial statements and has failed to list its website on its tax form. While the organization has some strengths, such as having a majority of independent board members and several policies in place, these are overshadowed by the overall financial shortcomings.
A notable point is that the organization has successfully implemented conflict of interest, whistleblower, and document retention policies, which demonstrates an understanding of governance principles. However, the absence of independent board members beyond the required minimum raises questions about the board's efficacy and oversight. Furthermore, the lack of financial statements contributes to a lack of trust in the charity's operations and financial health.
The financial ratios reported suggest potential issues, with a low program expense ratio and a concerning liabilities to assets ratio. These figures indicate that a significant portion of the charity's resources may not be directed towards its programs. Overall, the National Housing And Educational Trust requires improvement in financial reporting and transparency to build trust and increase its effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is National Housing And Educational Trust legitimate?
National Housing And Educational Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Housing And Educational Trust 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: $12,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of National Housing And Educational Trust?
The National Housing and Educational Trust focuses on activities related to providing housing facilities for low-income and elderly individuals within the United States. Their mission encompasses not only housing but also includes related educational services. Through their programs, they aim to cater to the housing needs of this specific demographic, contributing to their well-being and overall quality of life.
Who is the CEO of National Housing And Educational Trust?
Roger C Hartman is the President of National Housing And Educational Trust.
What is the revenue of National Housing And Educational Trust?
National Housing And Educational Trust's revenue in 2022 was $746,848.
Who are the executives of National Housing And Educational Trust and what are their salaries?
There 2 volunteers at National Housing And Educational Trust.
Here are 3 key members and their salaries:
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for National Housing And Educational Trust?
National Housing And Educational Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of National Housing And Educational Trust
The National Housing and Educational Trust is dedicated to undertaking activities that cater to housing facilities for individuals with low incomes and the elderly within the United States. Beyond this, the organization is also involved in related educational services. In essence, the National Housing and Educational Trust works to provide suitable housing facilities and associated educational programs for those in need, specifically focusing on low-income and elderly populations.
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Impact
October, 2024
The National Housing and Educational Trust significantly impacts low-income and elderly communities in the United States by providing essential housing facilities and related educational services. By focusing on the unique needs of these demographics, the Trust creates accessible living environments that support their well-being and security.
Through its programs, the Trust facilitates the development and management of affordable housing, ensuring that vulnerable populations have access to safe and stable living conditions. Additionally, the organization addresses the educational aspect of housing, offering resources and support that empower residents to improve their quality of life. This dual approach not only meets immediate housing needs but also fosters long-term community development and individual growth.
With its base in Los Angeles, the National Housing and Educational Trust plays a crucial role in advocating for equitable housing solutions and enhancing the overall living conditions for those who are often overlooked.
This information is meant to be a general summary of National Housing And Educational Trust. 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.
- Program Service Revenue: $746,848
- Gross Receipts: $746,848
Assets and Liabilities:
- Total Assets: $2,943,233
- Total Liabilities: $960,086
- Net Assets: $1,983,147
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW-INCOME HOUSING
Revenue
$746,848
Organization Details
Founding Year
2006
Phone
(310) 828-5100Principal Officer
Roger C Hartman
Main Address
12401 WILSHIRE BOULEVARD 200, LOS ANGELES, CA, 90025
NTEE Category
Code: L990 - Housing
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