Overview
What is Seniors Housing Development Corporation?
Seniors Housing Development Corporation is a nonprofit organization based in Deptford, New Jersey. Established with a mission to promote and advance decent, safe, and sanitary housing for individuals and families of low income, the corporation actively works towards this goal. Although the specific services or programs offered by the corporation are not detailed in the provided information, it is clear that their primary focus is on housing and its improvement for those in need. Their headquarters can be found at 100 POP MOYLAN BOULEVARD, DEPTFORD, NJ, 08096.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)
Seniors Housing Development Corporation has achieved an overall rating of 86%, which signifies a solid level of accountability and financial health. This score is derived entirely from its Accountability & Finance metrics, where the organization scored impressively in several key areas, including having 100% independent board members and a low liabilities to assets ratio of 5.54%. The organization's program expense ratio is notably high at 94.34%, indicating that a significant portion of its funding is directed towards its programs.
Despite these strengths, there are areas for improvement, particularly concerning governance policies. The organization is missing a whistleblower policy and a document retention and destruction policy, which have affected its overall score in the accountability and finance category. The absence of these policies may raise concerns about internal transparency and accountability practices.
Overall, while the Seniors Housing Development Corporation demonstrates a strong commitment to its mission through effective financial management and governance, addressing the noted policy gaps would enhance its operational integrity and stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Seniors Housing Development Corporation legitimate?
Seniors Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seniors Housing Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Seniors Housing Development Corporation?
The Seniors Housing Development Corporation is committed to promoting and enhancing the availability of decent, safe, and hygienic living spaces for individuals and families of modest means. Their mission is twofold: firstly, to advance the standard of housing for these communities, and secondly, to ensure that these living spaces adhere to the principles of safety and cleanliness.
Who is the CEO of Seniors Housing Development Corporation?
Kimberly Gober is the Chairperson of Seniors Housing Development Corporation.
What is the revenue of Seniors Housing Development Corporation?
Seniors Housing Development Corporation's revenue in 2022 was $672,269.
Who are the executives of Seniors Housing Development Corporation and what are their salaries?
Here are 7 key members and their salaries:
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- Related: $128,632
- Other: $20,468
Where can I find the form 990 for Seniors Housing Development Corporation?
Seniors Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Seniors Housing Development Corporation
Seniors Housing Development Corporation, a nonprofit organization, is dedicated to promoting and advancing decent, safe, and sanitary housing for individuals and families of low income. Their mission is to contribute positively to this segment of society by advocating for and providing housing that meets basic living standards. The corporation's objective is to ensure that every individual and family in need has access to a secure and hygienic living environment.
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Impact
July, 2024
Seniors Housing Development Corporation has a significant impact on improving the living conditions of low-income individuals and families by promoting and advancing decent, safe, and sanitary housing. Through its dedicated efforts in Deptford, NJ, this organization plays a critical role in ensuring that vulnerable populations have access to quality housing that meets their needs. By focusing on this mission, Seniors Housing Development Corporation contributes to enhancing the overall well-being and stability of those in need within the community.
This information is meant to be a general summary of Seniors Housing Development 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.
- Investment Income: $39
- Program Service Revenue: $672,230
- Gross Receipts: $672,269
Assets and Liabilities:
- Total Assets: $14,749,406
- Total Liabilities: $817,614
- Net Assets: $13,931,792
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MORTGAGE INTEREST
Revenue
$383,748
MANAGEMENT FEES EARNED
Revenue
$157,024
RENTAL INCOME-TENANTS
Revenue
$118,018
BOOKKEEPING FEES EARNE
Revenue
$13,440
Organization Details
Founding Year
1979
Phone
(856) 845-4959Principal Officer
Kimberly Gober
Main Address
100 POP MOYLAN BOULEVARD, DEPTFORD, NJ, 08096
NTEE Category
Code: L22 - Housing
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