Overview
What is Delaware County Housing Development Corporation?
Delaware County Housing Development Corporation is a nonprofit organization situated in Woodlyn, Pennsylvania. Its primary mission is to provide and promote decent, safe, and sanitary housing opportunities for low and moderate-income families. They accomplish this through various programs, including housing sales and rentals. The corporation has two main projects and operates five units in scattered sites, currently housing an average of 24 tenants in 29 active housing units.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
Delaware County Housing Development Corporation has received a Three-Star rating from Charity Navigator, which indicates a solid level of accountability and financial health. The charity's overall score of 75% reflects a strong emphasis on accountability, as it is derived entirely from its Accountability & Finance score. This high score suggests that the organization manages its resources responsibly and maintains transparency in its operations.
One of the organization's notable strengths is its governance structure, with 100% of board members being independent. This independence is crucial for ensuring unbiased decision-making. Additionally, the organization has demonstrated strong financial oversight, evidenced by its complete adherence to audit and oversight committee practices, as well as having no reported material diversion of assets.
However, while the ratings highlight strong financial management and accountability, potential donors and stakeholders should be aware of the reliance on a single beacon score, which may limit insights into other operational aspects of the organization. Overall, Delaware County Housing Development Corporation appears to be a well-managed nonprofit focused on housing development, with transparent practices in place.
This AI summary has been generated from information found on Charity Navigator.
Is Delaware County Housing Development Corporation legitimate?
Delaware County Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delaware County 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
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Other Salaries and Wages: $0
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What is the mission statement of Delaware County Housing Development Corporation?
The Delaware County Housing Development Corporation's mission is to offer and advocate for decent, safe, and sanitary housing opportunities for families with low to moderate income. This is accomplished through various programs involving housing sales and rentals. The corporation's primary focus is on providing housing solutions, with an average of 24 tenants residing in 29 active units spread across different locations.
Who is the CEO of Delaware County Housing Development Corporation?
Lawrence E Hartley is the Chairman of Delaware County Housing Development Corporation.
What is the revenue of Delaware County Housing Development Corporation?
Delaware County Housing Development Corporation's revenue in 2022 was $144,776.
Who are the executives of Delaware County Housing Development Corporation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Delaware County Housing Development Corporation?
Delaware County Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Delaware County Housing Development Corporation
Delaware County Housing Development Corporation, a nonprofit organization, is dedicated to providing and promoting decent, safe, and sanitary housing opportunities for low and moderate-income families. They accomplish this mission through programs of housing sales and rentals. The corporation utilizes two main areas or projects and five units in scattered sites to fulfill its mission, typically housing around 24 tenants in 29 active housing units. Initiatives by Delaware County Housing Development Corporation aim to enhance the living conditions and provide a suitable home environment for families who may not otherwise have access to such opportunities.
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Impact
October, 2024
Delaware County Housing Development Corporation significantly impacts the local community by providing and promoting decent, safe, and sanitary housing opportunities for low and moderate-income families. Through its focused programs of housing sales and rentals, the organization has established a strong presence in Woodlyn, PA, utilizing two main project areas and five units in scattered sites to address housing needs effectively. With an average of 24 tenants across 29 active housing units, the Corporation plays a vital role in ensuring that families have access to quality living conditions. This commitment fosters stability and improves overall quality of life for those it serves, contributing to healthier and more resilient communities.
This information is meant to be a general summary of Delaware County 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.
- Program Service Revenue: $144,776
- Gross Receipts: $144,776
Assets and Liabilities:
- Total Assets: $392,317
- Total Liabilities: $3,196,003
- Net Assets: -$2,803,686
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$139,718
TENANT SERVICES
Revenue
$5,058
Organization Details
Founding Year
1983
Phone
(610) 874-3001Principal Officer
Lawrence E Hartley
Main Address
1855 CONSTITUTION AVENUE, WOODLYN, PA, 19094
NTEE Category
Code: L20 - Housing
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