Overview
What is Access Housing Inc?
Access Housing Inc is a nonprofit organization situated in Morris Plains, New Jersey. Their primary mission is to offer affordable residential housing for individuals with intellectual and developmental disabilities, who often fall under the category of low-income earners. This housing is made possible through their association with the HUD (Housing and Urban Development) mortgage property. The organization's goal is to create a supportive living environment that caters specifically to this group, aiming to enhance their quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning it a Two-Star out of Four Star rating. This rating indicates that Access Housing Inc has room for improvement, particularly in its financial management. While the organization performs well in several accountability metrics, the high liabilities to assets ratio significantly impacts its overall financial health.
Access Housing Inc demonstrates strong governance practices, evidenced by a fully independent board and the implementation of robust policies regarding conflict of interest and document retention. The organization allocates a substantial portion of its expenses towards its programs, achieving an impressive program expense ratio of 98.44%, which reflects its commitment to fulfilling its mission.
However, the organization's significant liabilities compared to its assets raise concerns about its financial sustainability. While it has established a strong foundation in terms of governance and accountability, addressing its financial management will be crucial for improving its overall rating and ensuring long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is Access Housing Inc legitimate?
Access Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Access 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 Access Housing Inc?
Access Housing Inc is committed to providing low-income residential housing for individuals with intellectual and developmental disabilities. Their mission is focused on offering a suitable living environment for these individuals, ensuring they have a place to call home. The organization's activities center around housing, utilizing resources such as HUD mortgages to create group homes that cater to this specific population.
Who is the CEO of Access Housing Inc?
Walter Bender is the President of Access Housing Inc.
What is the revenue of Access Housing Inc?
Access Housing Inc's revenue in 2023 was $33,435.
Who are the executives of Access Housing Inc and what are their salaries?
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Where can I find the form 990 for Access Housing Inc?
Access Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Access Housing Inc
Access Housing Inc, as its name suggests, is committed to providing low-income residential housing for individuals with intellectual and developmental disabilities. This mission is essential in ensuring these individuals have a safe and supportive living environment, enabling them to lead fulfilling lives. By offering residential housing, Access Housing Inc provides a much-needed service, filling a gap in the housing market for this specific group of individuals. The organization's activities are centered around making a significant difference in the lives of those with intellectual and developmental disabilities, offering them a place to call home. This mission is carried out through the provision of group homes, which are funded by HUD mortgages, providing a secure and nurturing environment for these individuals.
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Impact
August, 2024
Access Housing Inc's impact is significant in providing a safe and supportive living environment for low-income intellectually and developmentally disabled individuals in Morris Plains, NJ. By offering group home residences specifically tailored to their needs, Access Housing Inc ensures that this vulnerable population has access to affordable housing that meets their unique requirements. This proactive approach not only addresses the housing challenges faced by intellectually and developmentally disabled individuals but also promotes their overall well-being and quality of life. Access Housing Inc's mission to provide low-income residential housing for this demographic demonstrates a commitment to inclusivity and social responsibility, making a tangible difference in the lives of those they serve.
This information is meant to be a general summary of Access 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: $72
- Program Service Revenue: $32,241
- Gross Receipts: $33,435
Assets and Liabilities:
- Total Assets: $553,571
- Total Liabilities: $499,421
- Net Assets: $54,150
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$32,241
Organization Details
Founding Year
1998
Phone
(973) 326-9750Principal Officer
Walter Bender
Main Address
PO BOX 123, MORRIS PLAINS, NJ, 07950
NTEE Category
Code: L22 - Housing
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