Overview
What is Liberty Housing Development Corp?
Liberty Housing Development Corp is a nonprofit organization located in Philadelphia, Pennsylvania, with an address at 112 N 8th Street Suite 600. Their primary mission is to create affordable and accessible integrated housing for individuals with disabilities, as part of a HUD housing project. This initiative aims to provide a living space that is inclusive and accommodating, ensuring equal opportunities for all residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating (40%)
Liberty Housing Development Corp has received a zero-star rating from Charity Navigator, indicating significant concerns about its accountability and financial health. The organization scored particularly low in areas such as the program expense ratio and liabilities to assets ratio, which reflects potential issues in financial management and sustainability. However, it does have a fully independent board, which is a positive attribute in terms of governance.
While the organization demonstrates good practices in maintaining board meeting minutes and having a conflict of interest policy in place, it falls short in critical areas like having a whistleblower policy and proper document retention and destruction practices. These gaps may raise questions about transparency and ethical governance within the organization.
Overall, the low ratings highlight substantial weaknesses that could affect the nonprofit's ability to effectively carry out its mission and ensure donor funds are used appropriately. Stakeholders should carefully consider these factors before engaging with or supporting Liberty Housing Development Corp.
This AI summary has been generated from information found on Charity Navigator.
Is Liberty Housing Development Corp legitimate?
Liberty Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Liberty Housing Development Corp 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: $24,932
For more financial information, click here
What is the mission statement of Liberty Housing Development Corp?
Liberty Housing Development Corp is engaged in a HUD housing project with the mission of providing affordable and accessible integrated housing for individuals with disabilities. This mission is aimed at ensuring these individuals have a living space that caters to their unique needs, promoting inclusivity and equal opportunities. The project pursues this goal by creating housing units that are both affordable and accessible, thereby enhancing the quality of life for people with disabilities. The organization's activities are centered around fostering an inclusive living environment, which is crucial for the overall well-being and independence of individuals with disabilities.
Who is the CEO of Liberty Housing Development Corp?
Bianca Waliddin is the Executive Director of Liberty Housing Development Corp.
What is the revenue of Liberty Housing Development Corp?
Liberty Housing Development Corp's revenue in 2022 was $478,529.
Who are the executives of Liberty Housing Development Corp and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Liberty Housing Development Corp?
Liberty Housing Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Liberty Housing Development Corp
Liberty Housing Development Corp, as a HUD housing project, is committed to providing affordable and accessible integrated housing for individuals with disabilities. This mission is aimed at creating an inclusive living environment where people with disabilities can reside comfortably and independently. The project's goal is to ensure that housing is not a barrier for individuals with disabilities, thereby enhancing their quality of life. Liberty Housing Development Corp's efforts in this regard are significant, as they contribute to breaking down barriers and fostering a more inclusive society.
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Impact
July, 2024
Liberty Housing Development Corp has a significant impact on the community by creating affordable, accessible integrated housing for people with disabilities in Philadelphia. Through their HUD housing projects, they are addressing the critical need for inclusive housing options, providing individuals with disabilities the opportunity to live independently and thrive in a supportive environment. By focusing on affordable and accessible housing, Liberty Housing Development Corp is positively impacting the lives of those who may face challenges in finding suitable living arrangements, ultimately improving their quality of life and promoting inclusivity within the community.
This information is meant to be a general summary of Liberty Housing Development Corp. 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: $373
- Program Service Revenue: $92,683
- Gross Receipts: $478,529
Assets and Liabilities:
- Total Assets: $2,093,914
- Total Liabilities: $1,632,812
- Net Assets: $461,102
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYM
Revenue
$67,868
RENTAL INCOME
Revenue
$24,815
Organization Details
Founding Year
2007
Phone
(215) 634-2000Principal Officer
Bianca Waliddin
Main Address
112 N 8TH STREET SUITE 600, PHILADELPHIA, PA, 19107
NTEE Category
Code: L20 - Housing
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