Overview
What is Haddon Heights Senior Citizens Housing?
Haddon Heights Senior Citizens Housing is a nonprofit organization situated at 117 East Atlantic Avenue, Haddon Heights, New Jersey (08035). Its primary mission is to offer subsidized senior housing through the HUD Section 8 Project NJ16H085003. The organization's activities are centered around providing a suitable living environment for senior citizens, ensuring their well-being and independence. With a staff of five individuals, Haddon Heights Senior Citizens Housing strives to create a supportive community for its elderly residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star rating
Haddon Heights Senior Citizens Housing has received a high rating of 90% from Charity Navigator, which reflects its strong performance in accountability and finance. The organization boasts a Four-Star rating, indicating a high level of transparency and effective management of its resources. This score is derived entirely from the Accountability & Finance beacon, which assesses how well the organization adheres to best practices in financial management and oversight.
One of the key strengths highlighted is the organization's independent board, consisting of 100% independent members, which contributes to its robust governance structure. The financial oversight measures, including a solid audit and oversight committee, further enhance credibility, ensuring that funds are used effectively for the benefit of senior citizens. With a program expense ratio of 92.59%, the organization directs a significant portion of its resources toward its mission.
While the rating is very favorable, the Charity Navigator data does not discuss any specific challenges or limitations faced by Haddon Heights Senior Citizens Housing. Overall, the strong financial health and governance practices position the organization as a reliable option for those seeking senior housing assistance.
This AI summary has been generated from information found on Charity Navigator.
Is Haddon Heights Senior Citizens Housing legitimate?
Haddon Heights Senior Citizens Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Haddon Heights Senior Citizens Housing 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 Haddon Heights Senior Citizens Housing?
The mission of Haddon Heights Senior Citizens Housing, as stated, is to provide subsidized senior housing through a HUD Section 8 project, specifically identified as NJ16H085003. This organization's primary objective is to make senior housing more affordable, thereby contributing to the well-being of senior citizens. The HUD Section 8 project provides a financial assistance mechanism, enabling eligible seniors to secure appropriate housing accommodations.
Who is the CEO of Haddon Heights Senior Citizens Housing?
Anne Mcadams is the Trustee of Haddon Heights Senior Citizens Housing.
What is the revenue of Haddon Heights Senior Citizens Housing?
Haddon Heights Senior Citizens Housing's revenue in 2022 was $3,006,953.
Who are the executives of Haddon Heights Senior Citizens Housing and what are their salaries?
There are 5 employees at Haddon Heights Senior Citizens Housing.
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Where can I find the form 990 for Haddon Heights Senior Citizens Housing?
Haddon Heights Senior Citizens Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Haddon Heights Senior Citizens Housing
Haddon Heights Senior Citizens Housing, as its mission statement suggests, is dedicated to providing subsidized senior housing through the HUD Section 8 Project NJ16H085003. This nonprofit organization's primary goal is to offer a living space that is affordable for senior citizens, ensuring they can maintain their independence and dignity during their golden years. By utilizing the resources provided by the HUD Section 8 project, Haddon Heights Senior Citizens Housing works to create an environment where seniors can thrive, free from the burden of high housing costs. This commitment to affordable senior housing plays a significant role in supporting the well-being and independence of senior citizens in the community.
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Impact
October, 2024
Haddon Heights Senior Citizens Housing plays a crucial role in providing subsidized housing for seniors through the HUD Section 8 program. By offering affordable living options in Haddon Heights, NJ, it directly addresses the needs of elderly residents who might otherwise struggle to afford safe and comfortable housing.
The impact of this initiative is significant as it enhances the quality of life for seniors by ensuring they have access to stable housing. This stability can lead to improved physical and mental well-being, enabling residents to maintain their independence in a supportive community environment. Furthermore, the availability of subsidized housing contributes to the overall community by fostering inclusivity and allowing seniors to remain close to their families and support networks.
In addition to the direct benefits for residents, Haddon Heights Senior Citizens Housing contributes to the local economy by enabling seniors to spend their limited resources within the community, thus supporting local businesses and services. Overall, the presence of subsidized senior housing not only transforms individual lives but also strengthens the fabric of the community as a whole.
This information is meant to be a general summary of Haddon Heights Senior Citizens Housing. 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: $582,418
- Program Service Revenue: $2,406,129
- Gross Receipts: $6,012,222
Assets and Liabilities:
- Total Assets: $18,719,665
- Total Liabilities: $171,452
- Net Assets: $18,548,213
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
124 UNIT SENIOR HOUSING
Revenue
$2,122,513
DE MARTINI APT COMPLEX
Revenue
$277,616
109 ATLANTIC AVE
Revenue
$6,000
Organization Details
Founding Year
1974
Phone
(856) 546-4844Principal Officer
Anne Mcadams
Main Address
117 EAST ATLANTIC AVE, HADDON HEIGHTS, NJ, 08035
NTEE Category
Code: L220 - Housing
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