Overview
What is Samh Corporation?
Samh Corporation is a nonprofit organization situated in Roxbury, Massachusetts. Its primary mission is to provide affordable housing for low-income families. The organization has successfully housed 15 such families within its premises. Additionally, a parsonage is provided to the Twelfth Baptist Church, and commercial units are leased to both the church and a minority-owned small business. With a small team of four individuals, Samh Corporation is dedicated to improving living conditions for those in need in the Roxbury community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Samh Corporation has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement with an overall score of 64%. The organization demonstrates strong governance, with 90% of its board members being independent and all board meeting minutes properly documented. Additionally, it has a high program expense ratio of 90.77%, suggesting a strong focus on its mission-related activities.
However, there are notable areas of concern. The organization lacks financial statements, which significantly impacts its accountability and finance score. Furthermore, it does not have a conflict of interest policy in place, which raises questions about its governance practices. The absence of tax forms on their website is another transparency issue that could affect donor confidence.
Overall, while Samh Corporation exhibits strengths in board independence and program spending, the lack of essential financial documentation and governance policies highlights critical areas that need attention to improve its accountability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Samh Corporation legitimate?
Samh Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Samh 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: $6,825
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,363
For more financial information, click here
What is the mission statement of Samh Corporation?
The mission of Samh Corporation, in essence, is centered around offering affordable housing solutions for families with low income. This commitment extends beyond residential units, as they also provide a parsonage for the Twelfth Baptist Church and lease commercial spaces to both the church and a minority-owned small business.
Who is the CEO of Samh Corporation?
Sandra R Hines is the Clerk of Samh Corporation.
What is the revenue of Samh Corporation?
Samh Corporation's revenue in 2022 was $519,201.
Who are the executives of Samh Corporation and what are their salaries?
The average compensation at Samh Corporation during 2022 was $20,297. There are 4 employees at Samh Corporation.
Here are 12 key members and their salaries:
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Where can I find the form 990 for Samh Corporation?
Samh Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Samh Corporation
Samh Corporation, as a nonprofit organization, is dedicated to providing affordable housing solutions for low-income families. Their mission is centered around this objective, specifically focusing on the community of Roxbury, Massachusetts. They have made it their mission to offer a variety of housing options, including residential units, a parsonage for the Twelfth Baptist Church, and commercial spaces, all of which are tailored for low-income families and organizations. By providing these services, Samh Corporation aims to contribute positively to the community and help those in need of affordable housing options.
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Impact
July, 2024
Samh Corporation's impact lies in its provision of affordable low-income housing for families in Roxbury, Massachusetts. By offering housing to 15 low-income families, as well as a parsonage for Twelfth Baptist Church, and leasing commercial units to the church and a minority-owned small business, Samh Corporation plays a crucial role in addressing the housing needs of the community. Its mission to provide affordable housing directly impacts the lives of those in need, improving their quality of life and fostering a sense of stability within the community.
This information is meant to be a general summary of Samh 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 2022.
- Program Service Revenue: $438,247
- Gross Receipts: $519,201
Assets and Liabilities:
- Total Assets: $970,698
- Total Liabilities: $752,733
- Net Assets: $217,965
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$382,320
STUDENT FEES
Revenue
$55,927
Organization Details
Founding Year
1983
Phone
(617) 442-7855Principal Officer
Sandra R Hines
Main Address
150 WARREN STREET, ROXBURY, MA, 02119
NTEE Category
Code: L20I - Housing
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