Overview
What is Bayview Housing Corporation?
Bayview Housing Corporation is a nonprofit organization, situated in Chamount, New York (NY 12-E), dedicated to providing housing solutions for elderly and handicapped individuals with limited income. Their mission is centered around offering subsidized living spaces, ensuring that these vulnerable groups can maintain a secure and comfortable living environment. The organization's activities are focused on this specific objective, making it an essential resource for those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (60%)
Bayview Housing Corporation has received a two-star rating from Charity Navigator, indicating that it requires improvement in certain areas despite achieving a perfect score of 100% for accountability and finance. The organization demonstrates strong governance with an independent board, scoring maximum points in both the majority of independent members and board size. Additionally, it showcases a commendable program expense ratio of 80.11%, indicating effective allocation of resources towards its mission.
However, there are notable limitations that affect its overall rating. The organization has a high liabilities to assets ratio of 67.87%, which raises concerns about its financial stability. Furthermore, Bayview Housing Corporation has several missing policies, including conflict of interest and whistleblower policies, along with not posting its tax form on its website, which are critical for transparency and accountability.
While the organization excels in certain governance metrics, the identified weaknesses highlight areas for improvement to enhance its operational effectiveness and trust with stakeholders. Addressing these gaps could foster greater confidence among donors and ensure the sustainability of its mission-oriented activities.
This AI summary has been generated from information found on Charity Navigator.
Is Bayview Housing Corporation legitimate?
Bayview Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bayview 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.
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What is the mission statement of Bayview Housing Corporation?
Bayview Housing Corporation's mission is centered around providing housing solutions. Specifically, it aims to cater to the needs of elderly and handicapped individuals with low income, offering them subsidized rental accommodations. The organization's goal is to contribute positively to these individuals' livelihoods, ensuring they have a decent place to call home. By providing subsidized housing, Bayview Housing Corporation seeks to alleviate some of the financial burdens faced by this group, thereby improving their overall quality of life.
Who is the CEO of Bayview Housing Corporation?
Todd Amo is the Principal Officer of Bayview Housing Corporation.
What is the revenue of Bayview Housing Corporation?
Bayview Housing Corporation's revenue in 2023 was $180,019.
Who are the executives of Bayview Housing Corporation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Bayview Housing Corporation?
Bayview Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bayview Housing Corporation
Bayview Housing Corporation is dedicated to providing housing solutions for elderly and handicapped individuals with low income. The organization's mission is centered around offering rent-subsidized housing, aiming to make living arrangements more accessible and affordable for this specific demographic. By offering such housing, Bayview Housing Corporation contributes to enhancing the quality of life for these individuals, providing them with a safe and comfortable living environment.
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Impact
October, 2024
Bayview Housing Corporation plays a vital role in offering affordable housing solutions for elderly and handicapped individuals with low income in Chaumont, NY. By providing rent-subsidized housing, it addresses a critical need for accessible and secure living conditions for some of the most vulnerable members of the community. This organization not only alleviates financial burdens but also promotes independence and quality of life for these individuals, ensuring they have a supportive environment that caters to their specific needs. The impact of Bayview Housing Corporation is reflected in its commitment to fostering a welcoming community where elderly and handicapped residents can thrive.
This information is meant to be a general summary of Bayview 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: $12
- Program Service Revenue: $178,556
- Gross Receipts: $180,019
Assets and Liabilities:
- Total Assets: $578,834
- Total Liabilities: $399,153
- Net Assets: $179,681
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$178,556
Organization Details
Founding Year
1985
Phone
(315) 393-3074Principal Officer
Todd Amo
Main Address
11424 NY 12-E, CHAUMONT, NY, 13622
NTEE Category
Code: L21 - Housing
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