Overview
What is Liberty Affordable Housing Inc?
Liberty Affordable Housing Inc, situated in Rome, New York, is a dedicated nonprofit organization with a mission to provide affordable and secure housing for lower-income and elderly individuals. With a workforce of nine employees, they have established themselves as a reliable provider of housing solutions, ensuring the well-being and security of their tenants. Their primary activity involves offering affordable living spaces, ensuring that these vulnerable groups have a safe place to call home.
Official website here: www.libertyaffordable.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star Rating
Liberty Affordable Housing Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization excels in several key areas, including having a fully independent board and a robust financial oversight structure, which contributes to its overall high score in these categories. With a program expense ratio of 80.27%, it demonstrates a solid allocation of resources towards its mission.
While the charity shows strengths in governance and financial management, there is a notable limitation regarding its whistleblower policy, which is currently missing. This aspect could impact the organization's ability to ensure transparency and accountability in its operations. Nonetheless, the absence of material diversions of assets and a favorable liabilities to assets ratio of 3.36% indicates a sound financial position.
Overall, Liberty Affordable Housing Inc stands out for its dedication to effective management and mission-driven spending, making it a reliable choice for donors looking to support affordable housing initiatives. The organization could benefit from addressing its governance gaps to enhance its accountability framework further.
This AI summary has been generated from information found on Charity Navigator.
Is Liberty Affordable Housing Inc legitimate?
Liberty Affordable Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Liberty Affordable Housing 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: $0
For more financial information, click here
Official website here: www.libertyaffordable.org
What is the mission statement of Liberty Affordable Housing Inc?
Liberty Affordable Housing Inc is committed to providing affordable and secure housing for lower income and elderly tenants. Their mission is to ensure that individuals who may be financially disadvantaged or in their golden years have access to safe and affordable living spaces. By offering such housing, Liberty Affordable Housing Inc is contributing to the well-being and stability of these vulnerable groups in society, allowing them to live with dignity and independence. The organization's activities are centered around this mission, providing a much-needed service to those who might struggle with housing costs otherwise.
Official website here: www.libertyaffordable.org
Who is the CEO of Liberty Affordable Housing Inc?
Randell Denton is the President of Liberty Affordable Housing Inc.
Official website here: www.libertyaffordable.org
What is the revenue of Liberty Affordable Housing Inc?
Liberty Affordable Housing Inc's revenue in 2022 was $1,436,146.
Official website here: www.libertyaffordable.org
Who are the executives of Liberty Affordable Housing Inc and what are their salaries?
There are 9 employees at Liberty Affordable Housing Inc.
Here are 17 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.libertyaffordable.org
Where can I find the form 990 for Liberty Affordable Housing Inc?
Liberty Affordable Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.libertyaffordable.org
Learn more at the official website: www.libertyaffordable.org
Mission Statement of Liberty Affordable Housing Inc
Liberty Affordable Housing Inc, a nonprofit organization, is committed to providing affordable and secure housing for lower-income and elderly tenants. Its mission is to ensure that individuals who fall under these categories have access to suitable living spaces, offering them a sense of security and stability. By offering affordable housing, Liberty Affordable Housing Inc aims to make a significant impact on the lives of those who often struggle to find affordable housing options in their communities.
The organization's primary focus is on meeting the needs of its tenants by providing them with secure and affordable housing. By doing so, Liberty Affordable Housing Inc aims to contribute positively to the well-being of its tenants, allowing them to live without the added stress of housing insecurity. The organization's mission is a testament to its dedication to making a difference in the lives of those who need it most.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Liberty Affordable Housing Inc addresses a critical need for affordable and secure housing in Rome, NY, particularly benefiting lower-income and elderly tenants. By focusing on this demographic, the organization plays a vital role in improving living conditions and enhancing the quality of life for those who may otherwise struggle to find safe and stable housing options. Its commitment to providing affordable housing helps alleviate the burden of housing costs, allowing residents to allocate their limited resources towards other essential needs, such as healthcare and nutrition. Additionally, by fostering secure housing environments, Liberty Affordable Housing Inc contributes to community stability and cohesion, making a significant positive impact on the local economy and social fabric.
This information is meant to be a general summary of Liberty Affordable Housing 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: $235,029
- Program Service Revenue: $1,122,513
- Gross Receipts: $1,466,859
Assets and Liabilities:
- Total Assets: $40,622,365
- Total Liabilities: $1,368,696
- Net Assets: $39,253,669
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$1,122,513
Organization Details
Founding Year
2002
Phone
(315) 334-9333Principal Officer
Randell Denton
Main Address
117 W LIBERTY STREET SUITE 3, ROME, NY, 13440
Website
www.libertyaffordable.orgNTEE Category
Code: L20 - Housing
If you are a representative of Liberty Affordable Housing Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.