Overview
What is Independent Housing Ii Inc C/O Carr Property Management Inc?
Independent Housing II Inc, under the management of Carr Property Management Inc, is a nonprofit organization situated at 24 Deer Park Drive, East Longmeadow, Massachusetts 01028. Their primary mission is to provide housing for individuals with low and moderate incomes, specifically focusing on the elderly population. They strive to ensure that elderly individuals have access to suitable living accommodations within their budget.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Independent Housing II Inc C/O Carr Property Management Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 94% overall, with the evaluation being based entirely on its accountability and finance metrics for the most recent fiscal year, FY2023. This high score indicates a well-managed organization that adheres to rigorous standards in financial oversight.
A significant strength of the nonprofit is its governance structure, boasting 100% of its board members as independent, which enhances transparency and decision-making integrity. The organization has also established comprehensive policies, such as conflict of interest and whistleblower policies, which contribute to ethical operations. Furthermore, the financial metrics reveal a healthy balance sheet, with a low liabilities-to-assets ratio of 18.32% and a program expense ratio of 73.59%, suggesting that a substantial portion of its expenditures directly supports its mission.
While the organization shows a robust commitment to financial management and accountability, it is essential for potential donors to consider its specific programs and impact when deciding to contribute. However, the data reflects positively on its operational integrity and commitment to responsible stewardship of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Independent Housing Ii Inc C/O Carr Property Management Inc legitimate?
Independent Housing Ii Inc C/O Carr Property Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independent Housing Ii Inc C/O Carr Property Management 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.
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What is the mission statement of Independent Housing Ii Inc C/O Carr Property Management Inc?
Independent Housing II Inc., managed by Carr Property Management Inc., is committed to providing housing for individuals with low and moderate income, specifically focusing on the elderly and disabled population. The organization's primary mission is to ensure that these individuals have access to suitable living spaces, thereby enhancing their quality of life. The provision of housing is not a mere service, but a means to empower these individuals and contribute to their overall well-being. The organization's activities are geared towards making housing affordable and accessible to those who need it most.
Who is the CEO of Independent Housing Ii Inc C/O Carr Property Management Inc?
William G Sheehan is the Director of Independent Housing Ii Inc C/O Carr Property Management Inc.
What is the revenue of Independent Housing Ii Inc C/O Carr Property Management Inc?
Independent Housing Ii Inc C/O Carr Property Management Inc's revenue in 2022 was $617,683.
Who are the executives of Independent Housing Ii Inc C/O Carr Property Management Inc and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Independent Housing Ii Inc C/O Carr Property Management Inc?
Independent Housing Ii Inc C/O Carr Property Management Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Independent Housing Ii Inc C/O Carr Property Management Inc
Independent Housing II Inc. C/O Carr Property Management Inc., as its mission statement suggests, is dedicated to providing housing for individuals who fall under the categories of low and moderate income, specifically focusing on the elderly and those with disabilities. This nonprofit organization's primary goal is to ensure that these vulnerable groups have access to safe and affordable housing, thereby enhancing their quality of life. By offering housing solutions, Independent Housing II Inc. is able to contribute significantly to the well-being of its tenants, offering them a sense of stability and security.
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Impact
July, 2024
Independent Housing II Inc C/O Carr Property Management Inc's impact is in providing essential housing for low and moderate-income elderly tenants in East Longmeadow, MA. Their mission to offer housing to this vulnerable demographic helps improve their quality of life by ensuring they have a safe and affordable place to live. By addressing the housing needs of the elderly and handicapped individuals within the community, they contribute to creating a more inclusive and supportive environment for these individuals. Their efforts help promote stability and dignity for those in need of affordable housing options, ultimately making a positive impact on the community as a whole.
This information is meant to be a general summary of Independent Housing Ii Inc C/O Carr Property Management 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: $734
- Program Service Revenue: $263,622
- Gross Receipts: $617,683
Assets and Liabilities:
- Total Assets: $3,126,219
- Total Liabilities: $605,063
- Net Assets: $2,521,156
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE-GROSS POTENIAL
Revenue
$254,270
SPECIAL CLAIMS REVENUE
Revenue
$9,352
Organization Details
Founding Year
1994
Phone
(413) 525-4321Principal Officer
William G Sheehan
Main Address
24 DEER PARK DRIVE, EAST LONGMEADOW, MA, 01028
NTEE Category
Code: L22 - Housing
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