Overview
What is Universal Housing Development Corp?
Universal Housing Development Corp, located in Russellville, Arkansas, is a dedicated public facility committed to providing assistance in the realm of low-income and affordable housing. This nonprofit organization's primary objective is to support individuals and families in need by offering housing assistance, thereby promoting affordable living options. The corporation serves as a vital resource for the community, contributing significantly to its social fabric.
Official website here: www.uhdchousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Universal Housing Development Corp has achieved a top-tier Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial health. The impressive score of 96% is based entirely on its performance in the Accountability & Finance category, showcasing robust governance practices and transparency in its operations.
The organization has demonstrated exceptional oversight with 100% of its board members being independent, ensuring unbiased decision-making. Additionally, it has maintained strong financial practices, as evidenced by a program expense ratio of 86.29%, indicating that a significant portion of its resources is directed towards its mission-driven programs. The absence of material asset diversion and the presence of comprehensive policies further reinforce its credibility.
While the ratings highlight the organization's strengths, potential donors and supporters may still want to consider further context about its specific programs and outcomes. However, the financial metrics and governance structure suggest that Universal Housing Development Corp operates with a high degree of integrity and effectiveness in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Universal Housing Development Corp legitimate?
Universal Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Universal Housing Development Corp 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: $147,889
Professional Fundraising Fees: $0
Other Salaries and Wages: $615,551
For more financial information, click here
Official website here: www.uhdchousing.org
What is the mission statement of Universal Housing Development Corp?
Universal Housing Development Corporation, as a public entity, is dedicated to providing assistance for affordable housing for individuals with low income. The corporation's mission is centered around offering aid in the realm of housing, ensuring that affordable options are readily available. By doing so, they contribute to making housing more accessible for those who may not have the financial means to secure it otherwise.
Official website here: www.uhdchousing.org
Who is the CEO of Universal Housing Development Corp?
Chris George is the President of Universal Housing Development Corp.
Official website here: www.uhdchousing.org
What is the revenue of Universal Housing Development Corp?
Universal Housing Development Corp's revenue in 2022 was $1,746,662.
Official website here: www.uhdchousing.org
Who are the executives of Universal Housing Development Corp and what are their salaries?
The average compensation at Universal Housing Development Corp during 2022 was $34,702. There are 22 employees at Universal Housing Development Corp.
Here are 11 key members and their salaries:
- Compensation: $76,030
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- Other: $0
- Compensation: $71,859
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Official website here: www.uhdchousing.org
Where can I find the form 990 for Universal Housing Development Corp?
Universal Housing Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uhdchousing.org
Learn more at the official website: www.uhdchousing.org
Mission Statement of Universal Housing Development Corp
Universal Housing Development Corporation, as a public housing facility, is committed to providing assistance for individuals with low income, focusing primarily on affordable housing solutions. This nonprofit organization's mission is twofold, encompassing both low income housing and affordable housing assistance. By offering these services, Universal Housing Development Corporation aims to make a significant impact in the lives of those in need, enabling them to secure stable housing within their budgetary constraints.
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Impact
October, 2024
Universal Housing Development Corp plays a crucial role in addressing affordable housing needs in Russellville, AR. By focusing on low-income housing assistance, it provides essential support to individuals and families facing financial challenges. This organization enhances community stability by ensuring that residents have access to safe and affordable living spaces, thereby promoting overall well-being and quality of life.
The impact of Universal Housing Development Corp extends beyond providing shelter; it fosters a sense of community and belonging among residents. By reducing the strain of housing costs, the organization enables families to allocate resources towards other vital areas such as education, healthcare, and employment, contributing to economic and social uplift in the region.
Furthermore, the presence of affordable housing options helps to mitigate homelessness and housing insecurity, creating a more inclusive society. Universal Housing Development Corp thus serves as a critical support system within the community, empowering individuals and families to achieve greater stability and improve their circumstances.
This information is meant to be a general summary of Universal Housing Development Corp. 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: $27,622
- Program Service Revenue: $452,468
- Gross Receipts: $1,746,662
Assets and Liabilities:
- Total Assets: $5,289,715
- Total Liabilities: $920,274
- Net Assets: $4,369,441
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING PROGRAMS
Revenue
$452,468
Organization Details
Founding Year
1971
Principal Officer
Chris George
Main Address
PO BOX 846, RUSSELLVILLE, AR, 72811
Website
www.uhdchousing.orgNTEE Category
Code: L21Z - Housing
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