Overview
What is Ncscusa Housing Development Corp Three Inc?
Ncscusa Housing Development Corp Three Inc, commonly known as Lynn Williams Apartments, is a nonprofit organization situated in Plantation, Florida. Their primary mission is to provide affordable housing for the elderly and individuals with disabilities, overseen by the Department of Housing and Urban Development (HUD). This organization operates under strict regulations, ensuring that low-income residents have access to comfortable living spaces. With a workforce of five employees, they strive to create a supportive environment for this specific demographic, contributing to the betterment of the community.
Official website here: www.ehdoc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating with an overall score of 61%)
The Ncscusa Housing Development Corp Three Inc has received a rating of "Needs Improvement" from Charity Navigator, indicating a need for better performance in key areas of accountability and finance. While the organization demonstrates strengths such as having a fully independent board and a strong liabilities to assets ratio, these positives are overshadowed by significant weaknesses in governance policies and transparency.
The organization scored poorly on several critical aspects, including conflict of interest and whistleblower policies, both of which received the lowest possible scores. Additionally, the absence of a posted tax form on the nonprofit's website raises concerns about transparency. Although meeting minutes are documented appropriately, the lack of proactive measures in these areas could hinder trust and accountability.
Despite these shortcomings, the organization has shown good management of its assets and has a stable board structure. Improving governance practices and enhancing transparency should be key focuses for Ncscusa Housing Development Corp Three Inc to boost its overall rating and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Ncscusa Housing Development Corp Three Inc legitimate?
Ncscusa Housing Development Corp Three Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ncscusa Housing Development Corp Three 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $127,907
For more financial information, click here
Official website here: www.ehdoc.org
What is the mission statement of Ncscusa Housing Development Corp Three Inc?
Ncscusa Housing Development Corp Three Inc is dedicated to providing low-income housing for the elderly and individuals with disabilities. Their mission is carried out under the regulation and assistance of the Department of Housing and Urban Development (HUD). They strive to offer a living environment that cater to the specific needs of this vulnerable demographic. The organization's primary goal is to ensure these individuals have access to safe and affordable housing, thereby enhancing their quality of life.
Official website here: www.ehdoc.org
What is the revenue of Ncscusa Housing Development Corp Three Inc?
Ncscusa Housing Development Corp Three Inc's revenue in 2023 was $510,890.
Official website here: www.ehdoc.org
Who are the executives of Ncscusa Housing Development Corp Three Inc and what are their salaries?
The average compensation at Ncscusa Housing Development Corp Three Inc during 2023 was $31,977. There are 4 employees at Ncscusa Housing Development Corp Three Inc.
Here are 9 key members and their salaries:
- Compensation: $424,921
- Related: $0
- Other: $72,591
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.ehdoc.org
Where can I find the form 990 for Ncscusa Housing Development Corp Three Inc?
Ncscusa Housing Development Corp Three Inc's most recent form 990 was submitted in 2023 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 Three Inc
Ncscusa Housing Development Corp Three Inc is dedicated to providing low-income 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). Their mission is to create an environment where these vulnerable groups can live with dignity and independence, ensuring they have access to safe and affordable housing. By working closely with HUD, Ncscusa Housing Development Corp Three Inc is able to provide a much-needed service, helping to alleviate housing insecurity for many elderly and handicapped individuals.
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Impact
July, 2024
Ncscusa Housing Development Corp Three Inc plays a vital role in providing affordable housing for the elderly and handicapped individuals in Plantation, FL. By operating low-income housing that is 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 secure housing options. Their impact can be seen in the improved quality of life and increased stability experienced by those who benefit from their services. The work done by Ncscusa Housing Development Corp Three Inc helps to address the critical need for affordable housing for marginalized populations, making a tangible difference in the lives of those they serve.
This information is meant to be a general summary of Ncscusa Housing Development Corp Three 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 2023.
- Investment Income: $2,780
- Program Service Revenue: $502,029
- Gross Receipts: $510,890
Assets and Liabilities:
- Total Assets: $1,406,904
- Total Liabilities: $376,382
- Net Assets: $1,030,522
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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
$315,911
TENANT RENT
Revenue
$186,118
Organization Details
Founding Year
1993
Principal Officer
Melanie Ribeiro
Website
www.ehdoc.orgNTEE Category
Code: L22 - Housing
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