Overview
What is Immanuel Hudson House Inc?
Immanuel Hudson House Inc is a nonprofit organization situated in Hartford, Connecticut. Its primary mission is to offer affordable housing options for the elderly, catering to individuals who meet the eligibility criteria under sections 8 and 202 of the National Housing Act. The organization manages a 40-unit apartment complex, providing a secure and supportive living environment for its residents. Immanuel Hudson House Inc plays a significant role in the community, ensuring that elderly individuals with limited income have access to suitable housing solutions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Stars
Immanuel Hudson House Inc has received a score of 56%, which indicates significant areas for improvement in its accountability and finance practices. While the organization boasts 100% independent board members and a solid program expense ratio, it has critical gaps in financial transparency, with no financial statements available and a missing website listed on its tax form.
The organization's commitment to governance is notable, with policies for conflict of interest and documented board meeting minutes in place. However, the absence of a whistleblower policy and a document retention strategy raises concerns about its operational integrity and transparency. The high liabilities to assets ratio also suggests potential financial instability.
While Immanuel Hudson House Inc demonstrates some strengths in governance, overall, its low rating reflects serious deficiencies that need to be addressed to foster trust and ensure effective use of resources for its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Immanuel Hudson House Inc legitimate?
Immanuel Hudson House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Immanuel Hudson House 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: $146,400
For more financial information, click here
What is the mission statement of Immanuel Hudson House Inc?
Immanuel Hudson House Inc is committed to providing affordable housing for the elderly, specifically those who meet the qualifications under section 8 and section 202 of the National Housing Act. The organization operates a 40-unit apartment complex, located somewhere, to cater to this need. By offering low-income housing, Immanuel Hudson House Inc contributes to the well-being and living standards of the elderly population, ensuring they have a suitable place to reside. The aim is to provide a supportive environment that allows these individuals to live with dignity and independence.
Who is the CEO of Immanuel Hudson House Inc?
Donald Clark is the President of Immanuel Hudson House Inc.
What is the revenue of Immanuel Hudson House Inc?
Immanuel Hudson House Inc's revenue in 2022 was $870,314.
Who are the executives of Immanuel Hudson House Inc and what are their salaries?
The average compensation at Immanuel Hudson House Inc during 2022 was $36,600. There are 4 employees at Immanuel Hudson House Inc.
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Where can I find the form 990 for Immanuel Hudson House Inc?
Immanuel Hudson House Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Immanuel Hudson House Inc
Immanuel Hudson House Inc is dedicated to providing affordable housing for the elderly who fall under certain income brackets. Specifically, this nonprofit organization operates a 40-unit apartment complex in Hartford, Connecticut. The elderly residents eligible for residence at Immanuel Hudson House Inc must meet the qualification criteria set by section 8 and section 202 of the National Housing Act. This means that the organization is committed to assisting elderly individuals with securing a safe and affordable living space, thereby enhancing their quality of life and overall well-being.
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Impact
October, 2024
Immanuel Hudson House Inc. significantly contributes to the community by offering low-income housing for the elderly in Hartford, CT. By operating a 40-unit apartment complex, it provides a vital resource for seniors who qualify under Section 8 and Section 202 of the National Housing Act. This initiative not only addresses the critical need for affordable housing but also enhances the quality of life for elderly residents, fostering a sense of community and stability. The housing options available through Immanuel Hudson House help alleviate the financial burdens that many seniors face, enabling them to live with dignity and access essential services. In doing so, it plays a crucial role in supporting vulnerable populations and addressing housing inequality in the region.
This information is meant to be a general summary of Immanuel Hudson House 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: $29
- Program Service Revenue: $143,935
- Gross Receipts: $870,314
Assets and Liabilities:
- Total Assets: $6,516,025
- Total Liabilities: $6,058,109
- Net Assets: $457,916
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$143,935
Tenant charges
Organization Details
Founding Year
2006
Principal Officer
Donald Clark
Main Address
15 Woodland Street, Hartford, CT, 061052321
NTEE Category
Code: L20 - Housing
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