Overview
What is Springfield Urban League?
Springfield Urban League is a nonprofit organization situated in Springfield, Ohio. Their primary focus is on providing affordable housing opportunities through the operation of the North Hill II Towers apartment complex. This 64-unit complex, located at 521 South Center Street, is specifically designed to accommodate qualified individuals. The North Hill II Towers operates under the U.S. Department of HUD's Section 8 program, offering one-bedroom apartment homes at affordable rates. The organization's mission is centered around enhancing living conditions in Springfield, Ohio, by offering a suitable and affordable housing solution to its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (67%, Two-Star out of Four Star rating)
The Springfield Urban League receives a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and financial transparency. While it demonstrates strength in having a majority of independent board members and a strong program expense ratio, significant weaknesses are noted in its financial reporting and governance practices. The absence of critical policies and missing documentation has contributed to its low accountability score.
The organization's program expenses are impressively high at 87.28%, suggesting effective use of funds towards its mission. However, the lack of financial statements, a conflict of interest policy, and other governance documents raises concerns about transparency and oversight. This gap highlights the need for the organization to enhance its operational protocols to build trust with donors and stakeholders.
Despite its financial management strengths, the Springfield Urban League should focus on addressing the identified governance deficiencies to improve its overall rating. Establishing the missing policies and ensuring that financial documents are accessible would likely enhance its credibility and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Springfield Urban League legitimate?
Springfield Urban League is a legitimate nonprofit organization registered as a 501(c)(3) entity. Springfield Urban League 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: $115,621
For more financial information, click here
What is the mission statement of Springfield Urban League?
The Springfield Urban League's mission involves operating an affordable housing complex to provide suitable living spaces for eligible individuals. Specifically, they manage the North Hill II Towers Apartment Complex in Springfield, Ohio, under the U.S. Department of HUD Section 8 program. This complex offers one-bedroom apartments at affordable rates, catering to qualified residents. The organization's primary goal is to make affordable housing an accessible option for those in need.
Who is the CEO of Springfield Urban League?
Kenneth Stone is the Board President of Springfield Urban League.
What is the revenue of Springfield Urban League?
Springfield Urban League's revenue in 2022 was $605,004.
Who are the executives of Springfield Urban League and what are their salaries?
There 5 volunteers at Springfield Urban League.
Here are 5 key members and their salaries:
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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
Where can I find the form 990 for Springfield Urban League?
Springfield Urban League's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Springfield Urban League
Springfield Urban League is committed to providing affordable housing solutions for qualified individuals. Specifically, this organization operates an affordable housing complex in Springfield, Ohio. The North Hill II Towers Apartment Complex serves as the primary venue for this mission, offering one-bedroom apartment homes at affordable rates under the US Department of HUD Section 8 program. This housing complex aims to make a significant impact in the lives of those in need, providing a secure and affordable living space.
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Impact
July, 2024
Springfield Urban League's impact lies in providing affordable housing to qualified residents in Springfield, Ohio through the operation of the North Hill II Towers apartment complex. This 64-unit complex offers one-bedroom apartment homes for rent under the US Department of HUD Section 8 program. By fulfilling its mission to operate an affordable housing complex in Springfield, Ohio, the organization plays a crucial role in addressing housing needs and supporting the community.
This information is meant to be a general summary of Springfield Urban League. 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: $750
- Program Service Revenue: $188,350
- Gross Receipts: $605,004
Assets and Liabilities:
- Total Assets: $843,911
- Total Liabilities: $33,374
- Net Assets: $810,537
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE, TENANT
Revenue
$188,350
Organization Details
Founding Year
2000
Phone
(937) 325-0020Principal Officer
Kenneth Stone
Main Address
521 SOUTH CENTER STREET, SPRINGFIELD, OH, 45506
NTEE Category
Code: L21 - Housing
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