Overview
What is Settlement Housing Fund Inc?
Settlement Housing Fund Inc is a New York-based nonprofit organization dedicated to creating and sustaining high-quality affordable housing and programs throughout the New York City metropolitan area. By working closely with community partners, they aim to build strong and economically diverse neighborhoods, offering opportunities for low- and moderate-income New Yorkers to secure long-term affordable housing, access education, employment, and wellness initiatives. Settlement Housing Fund's mission extends beyond housing, empowering residents with essential resources and support for improved quality of life. With a team of 69 employees, they remain committed to enhancing the living conditions and prospects of those in need within their community.
Official website here: www.settlementhousingfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)
Settlement Housing Fund Inc has earned a stellar Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance as well as effective leadership and adaptability. With a perfect score in both the Accountability & Finance and Leadership & Adaptability categories, the organization demonstrates robust financial health and governance practices, which are essential for maintaining donor trust and fulfilling its mission.
The charity's high percentage of independent board members and comprehensive policies—including conflict of interest and whistleblower policies—contribute to its impressive accountability score. Additionally, with a program expense ratio of over 80%, Settlement Housing Fund Inc effectively directs a significant portion of its resources toward its core mission activities, ensuring that funds are utilized for impactful programs.
While the charity showcases many strengths, the focus on maintaining this high level of performance may pose challenges as the organization scales or adapts to new needs in the community. Nonetheless, its current standing as a well-governed and financially sound nonprofit positions it well for continued success in its efforts to provide housing support.
This AI summary has been generated from information found on Charity Navigator.
Is Settlement Housing Fund Inc legitimate?
Settlement Housing Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Settlement Housing Fund 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,083,885
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,275,460
For more financial information, click here
Official website here: www.settlementhousingfund.org
What is the mission statement of Settlement Housing Fund Inc?
The Settlement Housing Fund is dedicated to creating and sustaining high-quality affordable housing and programs, contributing to economically diverse neighborhoods throughout New York City. The organization works in partnership with the community to provide pathways for low- and moderate-income New Yorkers, granting them access to affordable housing, education, employment, and wellness opportunities. The Settlement Housing Fund's mission is to improve the lives of individuals by fostering strong, economically diverse communities, ensuring long-term affordability and opportunities for growth.
Official website here: www.settlementhousingfund.org
Who is the CEO of Settlement Housing Fund Inc?
Charles Warren is the Board Chair of Settlement Housing Fund Inc.
Official website here: www.settlementhousingfund.org
What is the revenue of Settlement Housing Fund Inc?
Settlement Housing Fund Inc's revenue in 2022 was $25,173,592.
Official website here: www.settlementhousingfund.org
Who are the executives of Settlement Housing Fund Inc and what are their salaries?
The average compensation at Settlement Housing Fund Inc during 2022 was $77,672. There are 69 employees and 18 volunteers at Settlement Housing Fund Inc.
Here are 28 key members and their salaries:
- Compensation: $286,870
- Related: $0
- Other: $37,820
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- Other: $0
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- Compensation: $0
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- Other: $0
- Compensation: $167,946
- Related: $0
- Other: $14,671
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $130,857
- Related: $0
- Other: $16,630
- Compensation: $212,978
- Related: $0
- Other: $13,813
- Compensation: $201,259
- Related: $0
- Other: $1,040
- Compensation: $124,221
- Related: $0
- Other: $38,578
- Compensation: $124,337
- Related: $0
- Other: $32,084
- Compensation: $175,300
- Related: $0
- Other: $19,783
- Compensation: $116,442
- Related: $0
- Other: $6,845
- Compensation: $114,458
- Related: $0
- Other: $39,480
Official website here: www.settlementhousingfund.org
Where can I find the form 990 for Settlement Housing Fund Inc?
Settlement Housing Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.settlementhousingfund.org
Learn more at the official website: www.settlementhousingfund.org
Mission Statement of Settlement Housing Fund Inc
Settlement Housing Fund, a renowned nonprofit organization, is dedicated to creating and sustaining high-quality affordable housing and programs throughout New York City. By collaborating closely with community partners, Settlement Housing Fund offers pathways to long-term affordable housing, education, employment, and wellness for low- and moderate-income New Yorkers.
In simple terms, Settlement Housing Fund's mission is to build strong and economically diverse neighborhoods in New York City. Through their efforts, they provide essential resources to help New Yorkers access affordable housing and improve their overall quality of life. Settlement Housing Fund's approach goes beyond just housing, as they recognize the importance of education, employment, and wellness in fostering sustainable communities.
Settlement Housing Fund's work extends beyond the provision of housing. They actively engage with community partners to create opportunities for New Yorkers to enhance their educational attainment, secure stable employment, and prioritize their well-being. By offering these comprehensive services, Settlement Housing Fund empowers individuals and families to build a solid foundation for their future, ultimately contributing to the betterment of their neighborhoods.
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Impact
October, 2024
Settlement Housing Fund Inc significantly impacts New York City by creating and sustaining high-quality affordable housing and associated programs. By developing and managing economically diverse housing options, it enhances stability for low- and moderate-income residents, ensuring they have access to safe and secure homes. The organization fosters strong, economically diverse neighborhoods across the city, contributing to community resilience and cohesion.
Through close collaboration with community partners, Settlement Housing Fund provides pathways for residents to improve their quality of life. This includes facilitating access to education, employment opportunities, and wellness programs, which empower individuals and families to build better futures. As a result, the Fund not only addresses immediate housing needs but also supports long-term socioeconomic mobility for New Yorkers, ultimately enriching the fabric of the communities it serves.
This information is meant to be a general summary of Settlement Housing Fund 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 2022.
- Investment Income: $961,248
- Program Service Revenue: $12,803,363
- Gross Receipts: $25,173,592
Assets and Liabilities:
- Total Assets: $65,928,982
- Total Liabilities: $17,882,971
- Net Assets: $48,046,011
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROJECT FEES
Revenue
$10,295,924
DEVELOPER FEE INCOME
Revenue
$2,393,448
MANAGEMENT FEE
Revenue
$113,991
Organization Details
Founding Year
1969
Phone
(212) 265-6530Principal Officer
Charles Warren
Main Address
247 W 37TH STREET 4TH FL, NEW YORK, NY, 10018
NTEE Category
Code: L20Z - Housing
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