Overview
What is Snhs Elderly Housing X Inc?
SNHS Elderly Housing X Inc is a nonprofit organization that focuses on providing affordable housing solutions for low-income elderly individuals. Their mission encompasses offering a variety of housing options tailored to their needs, ensuring they have a suitable living environment. The organization is dedicated to enhancing the quality of life for this demographic, contributing to their overall well-being.
Official website here: www.snhs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) - Overall Score: 62%
Snhs Elderly Housing X Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations and governance. The organization demonstrates solid program expense efficiency, with a program expense ratio of 90.41%, suggesting that a significant portion of its funding is directed towards its programs rather than administrative costs. However, the overall accountability and finance score is low, which raises concerns about its governance practices.
One of the significant weaknesses identified is the complete absence of independent board members, scoring 0 out of 10 in this area. This lack of independent oversight can potentially impact the organization’s accountability and decision-making processes. While the nonprofit does have a conflict of interest policy and whistleblower policy in place, the missing tax form on the nonprofit's website is a notable gap that affects transparency.
Additionally, the liabilities to assets ratio stands at 124.74%, indicating potential financial instability, as this suggests that the organization has more liabilities than assets. Addressing these governance and financial issues is crucial for Snhs Elderly Housing X Inc to enhance its credibility and overall effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Snhs Elderly Housing X Inc legitimate?
Snhs Elderly Housing X Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Snhs Elderly Housing X 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: $28,406
For more financial information, click here
Official website here: www.snhs.org
What is the mission statement of Snhs Elderly Housing X Inc?
Snhs Elderly Housing X Inc is dedicated to providing housing solutions for low-income elderly individuals. Their mission is carried out through a program that offers a variety of housing options, tailored to meet the needs of this specific demographic. The organization's purpose is to make affordable housing accessible to this often under-served group. By doing so, they aim to contribute positively to the lives of the elderly, ensuring they have a secure and comfortable living environment. The program provided by Snhs Elderly Housing X Inc is designed with the unique needs and circumstances of the elderly in mind.
Official website here: www.snhs.org
Who is the CEO of Snhs Elderly Housing X Inc?
James Chaisson is the Chairman of Snhs Elderly Housing X Inc.
Official website here: www.snhs.org
What is the revenue of Snhs Elderly Housing X Inc?
Snhs Elderly Housing X Inc's revenue in 2023 was $171,392.
Official website here: www.snhs.org
Who are the executives of Snhs Elderly Housing X Inc and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $194,607
- Other: $50,621
- Compensation: $0
- Related: $165,830
- Other: $45,914
- Compensation: $0
- Related: $138,549
- Other: $37,952
- Compensation: $0
- Related: $84,826
- Other: $25,770
- Compensation: $0
- Related: $10,503
- Other: $1,721
- Compensation: $0
- Related: $84,809
- Other: $25,558
- Compensation: $0
- Related: $61,639
- Other: $28,812
Official website here: www.snhs.org
Where can I find the form 990 for Snhs Elderly Housing X Inc?
Snhs Elderly Housing X Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.snhs.org
Learn more at the official website: www.snhs.org
Mission Statement of Snhs Elderly Housing X Inc
Snhs Elderly Housing X Inc, a nonprofit organization, is committed to providing housing solutions for low-income elderly individuals. Their mission is to offer an array of affordable housing options tailored to meet the unique needs of this demographic. By operating a program specifically designed for the elderly, Snhs Elderly Housing X Inc aims to provide a secure and comfortable living environment for this vulnerable population.
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Impact
October, 2024
SNHS Elderly Housing X Inc significantly impacts the community by providing affordable housing options for low-income elderly individuals in Manchester, NH. This initiative addresses a critical need for stable and secure living arrangements for seniors who may struggle with housing costs. By offering a range of housing options tailored to the specific needs of elderly residents, the organization plays a crucial role in enhancing their quality of life.
The availability of affordable housing helps to alleviate financial pressure on these individuals, allowing them to allocate resources toward healthcare, food, and other essential services. Furthermore, by fostering a sense of community among residents, SNHS Elderly Housing X promotes social interactions that can combat isolation, which is often a challenge faced by the elderly population. Overall, the organization's efforts contribute to a more inclusive and supportive environment for low-income seniors, making a lasting difference in their lives.
This information is meant to be a general summary of Snhs Elderly Housing X 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: $77
- Program Service Revenue: $81,456
- Gross Receipts: $171,392
Assets and Liabilities:
- Total Assets: $1,939,650
- Total Liabilities: $2,419,680
- Net Assets: -$480,030
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$78,886
LAUNDRY & A/C
Revenue
$2,570
Organization Details
Founding Year
2010
Phone
(603) 668-8010Principal Officer
James Chaisson
Main Address
PO BOX 5040, MANCHESTER, NH, 03108
Website
www.snhs.orgNTEE Category
Code: L21 - Housing
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