Overview
What is Ditson Street Senior Housing Inc?
Ditson Street Senior Housing Inc is a nonprofit organization situated in Dorchester, Massachusetts. Their primary focus is providing 40 units of affordable housing specifically tailored to the needs of elderly individuals with low income. Beyond housing, they offer a range of related services to support their residents, ensuring a comfortable living experience for this vulnerable population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Ditson Street Senior Housing Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization earned a score of 82%, which reflects strong practices in governance and financial oversight. Notably, the charity boasts a fully independent board, with all members meeting the criteria for independence, which enhances its credibility and decision-making processes.
The financial metrics showcase the charity's effective allocation of resources, as evidenced by a program expense ratio of 94.54%. This indicates that a significant majority of its resources are directed towards its programs and services rather than administrative costs. Additionally, the organization has demonstrated transparency and accountability through well-documented board meeting minutes and the absence of any material diversion of assets.
While the charity has established a solid foundation in financial practices, further information about its program outcomes and community impact would provide a more comprehensive understanding of its effectiveness. Overall, Ditson Street Senior Housing Inc appears to be a reliable nonprofit committed to serving its community responsibly.
This AI summary has been generated from information found on Charity Navigator.
Is Ditson Street Senior Housing Inc legitimate?
Ditson Street Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ditson Street Senior 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.
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What is the mission statement of Ditson Street Senior Housing Inc?
Ditson Street Senior Housing Inc is committed to providing affordable housing for elderly individuals with low income, along with related services tailored to meet their specific needs. This organization offers 40 units of such housing, ensuring that elderly persons have a suitable living space. Beyond housing, the organization also offers services that cater to the elderly, enhancing their quality of life.
Who is the CEO of Ditson Street Senior Housing Inc?
Ellen Mason is the President of Ditson Street Senior Housing Inc.
What is the revenue of Ditson Street Senior Housing Inc?
Ditson Street Senior Housing Inc's revenue in 2023 was $613,622.
Who are the executives of Ditson Street Senior Housing Inc 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 Ditson Street Senior Housing Inc?
Ditson Street Senior Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ditson Street Senior Housing Inc
Ditson Street Senior Housing Inc is dedicated to providing affordable housing for elderly individuals with low income, along with related services. The organization's mission is centered around meeting the unique needs of these elderly residents, offering them 40 units of housing specifically designed for their needs. By offering affordable housing and related services, Ditson Street Senior Housing Inc aims to support and improve the living conditions of elderly individuals, ensuring they have a safe and comfortable place to call home.
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Impact
July, 2024
Ditson Street Senior Housing Inc's impact is profound in providing a crucial service by offering affordable housing to elderly individuals with low-income in Dorchester, MA. Their provision of 40 units of affordable housing specifically designed for the elderly caters to the needs of this vulnerable population. Additionally, the organization goes further by offering related services that are tailored to meet the specific requirements of the elderly residents. This initiative directly contributes to improving the quality of life for these individuals, ensuring they have a secure and comfortable living environment.
This information is meant to be a general summary of Ditson Street Senior 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 2023.
- Investment Income: $20
- Program Service Revenue: $131,253
- Gross Receipts: $613,622
Assets and Liabilities:
- Total Assets: $2,488,977
- Total Liabilities: $324,785
- Net Assets: $2,164,192
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$131,253
Organization Details
Founding Year
1993
Phone
(617) 282-4290Principal Officer
Ellen Mason
Main Address
ONE ARCADIA PLACE, DORCHESTER, MA, 02122
NTEE Category
Code: L22 - Housing
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