Overview
What is Camden Lutheran Housing Inc?
Camden Lutheran Housing Inc is a nonprofit organization based in Camden, New Jersey, with a focus on providing affordable housing and community development. They manage two low-income housing projects, totaling 81 units, and also acquire and rehabilitate abandoned properties to revitalize the community and offer housing opportunities for low- and moderate-income families. Currently, several housing projects are in the development stage. In addition to housing, Camden Lutheran Housing Inc fosters community engagement, bringing people together physically, socially, and economically, in accordance with the North Camden Neighborhood Plan. The organization employs a team of 16 individuals.
Official website here: www.clhi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Camden Lutheran Housing Inc has achieved a high rating of 96% from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization scores particularly well in various categories, including having a fully independent board and excellent oversight practices, indicating that it operates with transparency and integrity. The absence of any material diversion of assets further reinforces its reliability as a nonprofit.
The charity's program expense ratio is notably high at 87.31%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. This focus on programmatic spending likely enhances its ability to serve its community effectively and fulfill its mission. Additionally, the organization has robust policies in place, such as conflict of interest and whistleblower policies, which contribute to its overall operational effectiveness.
While the rating highlights many strengths, it is important for potential donors and stakeholders to consider ongoing engagement with the organization. As with any nonprofit, continual assessment of its impact and sustainability will help ensure that it remains aligned with its mission and the needs of the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Camden Lutheran Housing Inc legitimate?
Camden Lutheran Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Camden Lutheran Housing 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: $85,889
Professional Fundraising Fees: $0
Other Salaries and Wages: $227,351
For more financial information, click here
Official website here: www.clhi.org
What is the mission statement of Camden Lutheran Housing Inc?
Camden Lutheran Housing Inc's mission is centered around affordable housing, community development, and community organizing. As a property manager, it manages two low-income housing projects, providing a total of 81 units of affordable rental housing. The organization also acquires and rehabilitates abandoned or vacant properties for community revitalization, aiming to provide housing opportunities for low- and moderate-income families. Apart from housing projects, Camden Lutheran Housing Inc is involved in community development activities, bringing people together physically, socially, and economically, aligning with the North Camden Neighborhood Plan.
Official website here: www.clhi.org
Who is the CEO of Camden Lutheran Housing Inc?
Brandi Johnson is the Executive Di of Camden Lutheran Housing Inc.
Official website here: www.clhi.org
What is the revenue of Camden Lutheran Housing Inc?
Camden Lutheran Housing Inc's revenue in 2022 was $1,301,546.
Official website here: www.clhi.org
Who are the executives of Camden Lutheran Housing Inc and what are their salaries?
The average compensation at Camden Lutheran Housing Inc during 2022 was $19,578. There are 16 employees at Camden Lutheran Housing Inc.
Here are 9 key members and their salaries:
- Compensation: $85,889
- Related: $0
- Other: $0
- Compensation: $37,560
- 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
Official website here: www.clhi.org
Where can I find the form 990 for Camden Lutheran Housing Inc?
Camden Lutheran Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.clhi.org
Learn more at the official website: www.clhi.org
Mission Statement of Camden Lutheran Housing Inc
Camden Lutheran Housing Inc is committed to providing affordable housing, community development, and community organizing as its primary mission. The organization serves as a property manager for two Low-Income Housing Tax Credit projects, providing a total of 81 units of affordable rental housing. Beyond this, Camden Lutheran Housing Inc also acquires and rehabilitates abandoned or vacant properties with the goal of community revitalization, offering housing opportunities for low- and moderate-income families. Currently, several housing projects are in the development stage. Additionally, Camden Lutheran Housing Inc engages in community development efforts to bring people together physically, socially, and economically, in accordance with the North Camden Neighborhood Plan. This approach aims to foster a strong, supportive community where all residents can thrive.
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Impact
October, 2024
Camden Lutheran Housing Inc has a significant impact on the community by facilitating access to affordable housing for low- and moderate-income families. By managing two low-income housing tax credit projects that provide a total of 81 units of affordable rental housing, the organization plays a critical role in addressing housing insecurity in Camden, NJ.
The organization goes beyond mere property management by actively acquiring and rehabilitating abandoned or vacant properties. This effort not only helps to revitalize neighborhoods but also creates additional housing opportunities, fostering a sense of community and stability for residents. Several housing projects are currently in the development stage, indicating a commitment to continued growth and improvement in housing availability.
In addition to housing initiatives, Camden Lutheran Housing Inc engages in community development to unite individuals physically, socially, and economically. By aligning its efforts with the North Camden Neighborhood Plan, the organization helps build a connected and supportive community that addresses the needs of its residents while promoting overall neighborhood revitalization. Through these combined efforts, Camden Lutheran Housing Inc is instrumental in transforming lives and uplifting the Camden community.
This information is meant to be a general summary of Camden Lutheran Housing 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: $1,201
- Program Service Revenue: $298,263
- Gross Receipts: $1,301,546
Assets and Liabilities:
- Total Assets: $2,280,035
- Total Liabilities: $645,147
- Net Assets: $1,634,888
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE
Revenue
$298,263
Organization Details
Founding Year
1986
Phone
(856) 342-8088Principal Officer
Brandi Johnson
Main Address
800 GALINDEZ COURT, CAMDEN, NJ, 081021758
Website
www.clhi.orgNTEE Category
Code: L20 - Housing
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