Overview
What is Iowa Elderly Housing Corporation?
The Iowa Elderly Housing Corporation is a nonprofit organization located at 400 East Miller Avenue, Iowa, LA 70647. Their primary mission is to offer affordable housing options for elderly and handicapped individuals who require specialized facilities to cater to their physical, mental, social, and psychological needs. The corporation's activities focus on designing, constructing, managing, and owning housing facilities that are tailored to meet the specific requirements of these individuals. By providing low-rent housing, the Iowa Elderly Housing Corporation aims to promote their health, security, happiness, and overall well-being. With a dedicated workforce of just one individual, the corporation is committed to enhancing the living conditions of this underserved population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Overall Score: 73%, Two-Star out of Four Star rating.
Iowa Elderly Housing Corporation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain operational and transparency aspects. While the organization excels in areas such as having a majority of independent board members and maintaining a healthy liabilities to assets ratio, it falls short in transparency, with several policies and documentation missing from its website.
The organization has a high program expense ratio, suggesting that a significant portion of its funds is directed towards programs rather than administrative expenses, which is a positive indicator of its commitment to serving its mission. However, the lack of essential governance policies, such as a conflict of interest policy and whistleblower policy, raises concerns about its operational integrity and accountability practices.
Overall, while Iowa Elderly Housing Corporation demonstrates strengths in financial management and program execution, its transparency issues and absence of critical governance frameworks hinder its overall rating. Addressing these limitations could enhance trust and support from stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Iowa Elderly Housing Corporation legitimate?
Iowa Elderly Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iowa Elderly Housing Corporation 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: $20,148
For more financial information, click here
What is the mission statement of Iowa Elderly Housing Corporation?
The Iowa Elderly Housing Corporation's mission is centered around providing affordable housing for qualified elderly and handicapped individuals. In line with this, the organization designs, develops, constructs, owns, manages, and offers housing facilities and services specifically tailored to meet the physical, mental, social, and psychological needs of these individuals. The aim is to promote their health, security, happiness, and overall well-being.
Who is the CEO of Iowa Elderly Housing Corporation?
Tommy Little is the President of Iowa Elderly Housing Corporation.
What is the revenue of Iowa Elderly Housing Corporation?
Iowa Elderly Housing Corporation's revenue in 2023 was $103,125.
Who are the executives of Iowa Elderly Housing Corporation and what are their salaries?
The average compensation at Iowa Elderly Housing Corporation during 2023 was $20,148. There is 1 employee at Iowa Elderly Housing Corporation.
Here are 11 key members and their salaries:
- 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
- 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
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Iowa Elderly Housing Corporation?
Iowa Elderly Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Iowa Elderly Housing Corporation
Iowa Elderly Housing Corporation is dedicated to providing low-income housing for qualified elderly and handicapped individuals. This nonprofit organization's mission is to design, develop, construct, own, manage, and provide housing facilities and services that cater specifically to the physical, mental, social, and psychological needs of these individuals. By doing so, Iowa Elderly Housing Corporation aims to promote their health, security, happiness, and usefulness. The corporation's primary goal is to enhance the living conditions of elderly and handicapped individuals, ensuring they live in a safe and supportive environment that caters to their unique needs.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Iowa Elderly Housing Corporation significantly enhances the quality of life for elderly and handicapped individuals by providing low-rent housing tailored to their specific needs. By designing, developing, and managing housing facilities, the organization ensures that residents have access to solutions that cater to their physical, mental, social, and psychological well-being.
This initiative promotes health, security, and happiness among the elderly population, facilitating a supportive community environment. By focusing on affordable housing options, Iowa Elderly Housing Corporation alleviates financial burdens on seniors, allowing them to maintain their independence while enjoying a safe living environment. The organization's efforts are critical in fostering social inclusion, improving the overall quality of life for its residents, and empowering them to live fulfilling lives.
This information is meant to be a general summary of Iowa Elderly Housing Corporation. 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.
- Investment Income: $97
- Program Service Revenue: $103,028
- Gross Receipts: $103,125
Assets and Liabilities:
- Total Assets: $1,094,829
- Total Liabilities: $351,405
- Net Assets: $743,424
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$103,028
Organization Details
Founding Year
2006
Phone
(337) 474-2583Principal Officer
Tommy Little
Main Address
400 EAST MILLER AVENUE, IOWA, LA, 70647
NTEE Category
Code: L21 - Housing
If you are a representative of Iowa Elderly Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.