Overview
What is Ncscusa Housing Development Corp Two?
Ncscusa Housing Development Corp Two, operating under the name IW Abel Place, is a nonprofit organization based in Plantation, Florida. Its primary mission is dedicated to providing affordable housing for the elderly and individuals with disabilities. This housing is regulated and supported by the Department of Housing and Urban Development (HUD). The organization employs a team of five individuals to manage and maintain the property, ensuring a safe living environment for its residents. The nonprofit's work is essential in addressing the housing needs of vulnerable populations and contributing to the overall well-being of the community.
Official website here: www.ehdoc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62%, earning a Two-Star out of Four Star rating. This rating indicates that NCSCUSA Housing Development Corp Two has room for improvement in its accountability and financial practices. While it has a solid score for having a majority of independent board members, the overall score reflects some significant gaps in governance policies.
The organization demonstrates strengths in its board independence, with 87% of its members being independent, and it has a good liabilities to assets ratio of 29.79%. These factors suggest a level of financial stability and oversight that could be beneficial for stakeholders. However, the absence of key policies, including a conflict of interest policy and a whistleblower policy, raises concerns about its operational transparency and accountability.
Additionally, the lack of accessible documentation, such as the tax form on the nonprofit's website, could hinder trust among potential donors and beneficiaries. The program expense ratio of 58.98% indicates that only a little over half of its spending goes directly to programs, which may suggest inefficiencies. Overall, while NCSCUSA Housing Development Corp Two has strengths, it needs to address several governance issues to enhance its overall effectiveness and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Ncscusa Housing Development Corp Two legitimate?
Ncscusa Housing Development Corp Two is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ncscusa Housing Development Corp Two 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: $108,838
For more financial information, click here
Official website here: www.ehdoc.org
What is the mission statement of Ncscusa Housing Development Corp Two?
Ncscusa Housing Development Corp Two's mission is centered around providing housing for individuals who are elderly and disabled, falling under the category of low-income earners. This mission is carried out under the regulatory and supportive oversight of the Department of Housing and Urban Development (HUD). The organization's primary goal is to ensure that these vulnerable groups have access to suitable housing accommodations, contributing to their overall well-being and quality of life.
Official website here: www.ehdoc.org
Who is the CEO of Ncscusa Housing Development Corp Two?
Melanie Ribeiro is the Director of Ncscusa Housing Development Corp Two.
Official website here: www.ehdoc.org
What is the revenue of Ncscusa Housing Development Corp Two?
Ncscusa Housing Development Corp Two's revenue in 2022 was $474,539.
Official website here: www.ehdoc.org
Who are the executives of Ncscusa Housing Development Corp Two and what are their salaries?
The average compensation at Ncscusa Housing Development Corp Two during 2022 was $21,768. There are 5 employees at Ncscusa Housing Development Corp Two.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $346,895
- Other: $110,937
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ehdoc.org
Where can I find the form 990 for Ncscusa Housing Development Corp Two?
Ncscusa Housing Development Corp Two's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ehdoc.org
Learn more at the official website: www.ehdoc.org
Mission Statement of Ncscusa Housing Development Corp Two
Ncscusa Housing Development Corp Two is dedicated to providing affordable housing for the elderly and individuals with disabilities. This nonprofit organization operates under the regulation and assistance of the Department of Housing and Urban Development (HUD). Its mission is centered around offering low-income housing options, ensuring that these vulnerable groups have a safe and suitable living environment. By working closely with HUD, Ncscusa Housing Development Corp Two ensures that its operations adhere to strict guidelines, ensuring the well-being and comfort of its residents.
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Impact
July, 2024
Ncscusa Housing Development Corp Two provides vital support and resources for low-income elderly and handicapped individuals in Plantation, FL. By operating low-income housing regulated and assisted by the Department of Housing and Urban Development (HUD), this organization ensures that vulnerable members of the community have access to safe and affordable housing options. Their impact can be seen in the improved quality of life and security that they provide for these individuals, helping them maintain independence and dignity in their later years. The services offered by Ncscusa Housing Development Corp Two play a crucial role in addressing housing needs and promoting inclusivity for marginalized populations.
This information is meant to be a general summary of Ncscusa Housing Development Corp Two. 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: $800
- Program Service Revenue: $455,411
- Gross Receipts: $474,539
Assets and Liabilities:
- Total Assets: $1,217,688
- Total Liabilities: $501,804
- Net Assets: $715,884
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYMENTS
Revenue
$279,389
TENANT RENT
Revenue
$174,482
SPECIAL CLAIMS REVENUE
Revenue
$1,540
Organization Details
Founding Year
1991
Phone
(954) 835-9200Principal Officer
Melanie Ribeiro
Main Address
1200 SOUTH PINE ISLAND ROAD STE 725, PLANTATION, FL, 33324
Website
www.ehdoc.orgNTEE Category
Code: L22 - Housing
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