Overview
What is Alfred Housing Committee Inc?
Alfred Housing Committee Inc is a nonprofit organization dedicated to providing housing solutions for low-income, disabled, and elderly individuals. Their primary activities involve managing and developing low-income housing projects, as well as charging administrative fees for revolving loans. They also receive in-kind contributions, totaling $113,636, to support their mission. This mission focuses on facilitating housing rehabilitation and the exploration of new housing opportunities for their target demographic. In addition, the committee generates revenue and manages expenses associated with their initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70% (Two-Star out of Four Stars)
The Alfred Housing Committee Inc. has received a Two-Star rating from Charity Navigator, reflecting an overall score of 70%. This score suggests a moderate level of accountability and finance management, with commendable performance in areas such as board independence and a solid program expense ratio, indicating efficient allocation of resources towards its mission.
However, the organization has notable limitations, particularly in its policies for whistleblower protections and document retention, both of which received low scores. These weaknesses may raise concerns regarding governance practices and transparency. While the organization demonstrates good practices in certain areas, these gaps in policy could impact its credibility and stakeholder trust.
Overall, while Alfred Housing Committee Inc. exhibits strengths in governance and financial responsibility, it would benefit from addressing its policy shortcomings to enhance its operational integrity and accountability to its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Alfred Housing Committee Inc legitimate?
Alfred Housing Committee Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alfred Housing Committee 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: $68,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,750
For more financial information, click here
What is the mission statement of Alfred Housing Committee Inc?
Alfred Housing Committee Inc's mission is centered around facilitating housing opportunities for individuals with low income, disabilities, and the elderly. They manage and develop low-income housing projects, charging administrative fees for revolving loans. Their primary objective is to promote housing rehabilitation and exploration, aiming to enhance living conditions for those in need. The committee also generates revenue and expenses, benefiting from in-kind contributions worth $113,636.
Who is the CEO of Alfred Housing Committee Inc?
Jill Whitney is the President of Alfred Housing Committee Inc.
What is the revenue of Alfred Housing Committee Inc?
Alfred Housing Committee Inc's revenue in 2022 was $190,851.
Who are the executives of Alfred Housing Committee Inc and what are their salaries?
The average compensation at Alfred Housing Committee Inc during 2022 was $1. There are 121833 employees and 7 volunteers at Alfred Housing Committee Inc.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Alfred Housing Committee Inc?
Alfred Housing Committee Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alfred Housing Committee Inc
Alfred Housing Committee Inc is dedicated to facilitating housing rehabilitation and exploring and developing housing opportunities for low-income, disabled, and elderly individuals. Their mission involves managing and developing low-income housing projects, while also charging administrative fees for revolving loans. This nonprofit organization's primary objective is to ensure that individuals in these vulnerable groups have access to suitable housing, thereby improving their quality of life. The committee's activities extend beyond just providing housing; they also contribute in-kind contributions amounting to $113,636, further demonstrating their commitment to this cause.
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Impact
October, 2024
Alfred Housing Committee Inc plays a critical role in addressing housing challenges faced by low-income, disabled, and elderly individuals in Wellsville, NY. By managing and developing low-income housing projects, the organization directly contributes to improving living conditions for some of the community's most vulnerable populations.
Through its initiatives, Alfred Housing Committee facilitates housing rehabilitation, ensuring that existing structures meet safety and living standards while enhancing their availability. The Committee also explores and develops new housing opportunities, helping to alleviate the shortage of affordable housing options.
Additionally, the organization generates revenue through building project administrative fees for revolving loans, which supports its ongoing operations and initiatives. Their financial activities reflect a commitment to sustainability, as evidenced by the significant in-kind contributions that bolster their efforts. Overall, Alfred Housing Committee Inc's impact is profound, fostering a sense of security and stability for those who might otherwise struggle to find safe and affordable housing.
This information is meant to be a general summary of Alfred Housing Committee 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: $67
- Program Service Revenue: $100,956
- Gross Receipts: $190,851
Assets and Liabilities:
- Total Assets: $1,835,054
- Total Liabilities: $37,545
- Net Assets: $1,797,509
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Revenue
Revenue
$100,956
Organization Details
Founding Year
1980
Phone
(585) 593-6353Principal Officer
Jill Whitney
Main Address
23 North Main Street, Wellsville, NY, 14895
NTEE Category
Code: L21 - Housing
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