Overview
What is Tuskegee Alumni Housing Foundation?
The Tuskegee Alumni Housing Foundation, established in Tuskegee, serves as a vital resource for low-income families. Through their residential complex known as The Crossroads Apartments, they provide affordable housing that caters to the unique needs of these families. The foundation is committed to enhancing the overall health and well-being of its residents, going beyond just housing provisions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 67%)
The Tuskegee Alumni Housing Foundation has received a two-star rating from Charity Navigator, indicating that there are areas of concern despite some notable strengths. The organization boasts a perfect score in accountability and finance, demonstrating strong governance practices with a fully independent board and effective financial oversight. Additionally, their program expense ratio is high at 88.69%, suggesting that a significant portion of their resources is directed toward their charitable mission.
However, there are critical limitations that impact their overall rating. The foundation has been noted for missing several key policies, including conflict of interest, whistleblower, and document retention policies. This absence may raise concerns regarding transparency and accountability. Additionally, their liabilities to assets ratio is poor at 77.01%, indicating potential financial risk that could affect long-term sustainability.
To improve their standing, the Tuskegee Alumni Housing Foundation would benefit from addressing the identified governance gaps and strengthening their financial health. While they demonstrate a commitment to their mission through high program spending, enhancing their operational policies and managing liabilities more effectively will be essential for gaining the trust and support of potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Tuskegee Alumni Housing Foundation legitimate?
Tuskegee Alumni Housing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tuskegee Alumni Housing Foundation 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.
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What is the mission statement of Tuskegee Alumni Housing Foundation?
The Tuskegee Alumni Housing Foundation, through its Crossroads Apartments, is committed to providing low-income housing and services. Their primary goal is to support and cater to the needs of low-income families, aiming to enhance their overall health and well-being. This organization strives to create an environment that promotes the holistic development of its residents, ensuring they have access to necessary resources.
Who is the CEO of Tuskegee Alumni Housing Foundation?
Glenn Otis Jr is the President of Tuskegee Alumni Housing Foundation.
What is the revenue of Tuskegee Alumni Housing Foundation?
Tuskegee Alumni Housing Foundation's revenue in 2022 was $1,278,002.
Who are the executives of Tuskegee Alumni Housing Foundation and what are their salaries?
There 11 volunteers at Tuskegee Alumni Housing Foundation.
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Where can I find the form 990 for Tuskegee Alumni Housing Foundation?
Tuskegee Alumni Housing Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tuskegee Alumni Housing Foundation
The Tuskegee Alumni Housing Foundation is committed to providing low-income housing and services that cater to the needs of impoverished families. This nonprofit organization aims to promote the overall health and well-being of these families through its offerings. By offering low-income housing, the Tuskegee Alumni Housing Foundation creates a supportive environment where families can thrive. Beyond housing, the foundation provides services that cater to the unique needs of these families, ensuring their holistic well-being. This approach allows the foundation to make a significant impact in the lives of low-income families, providing them with the resources they need to overcome challenges and improve their quality of life.
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Impact
October, 2024
Tuskegee Alumni Housing Foundation significantly impacts the community by providing low-income housing through the Crossroads Apartments. This initiative supports low-income families, ensuring they have access to safe and affordable housing. By offering tailored services that address various needs, the foundation promotes the overall health and well-being of these families, helping them achieve stability and improve their quality of life in Columbus, OH. The foundation plays a vital role in fostering a supportive environment that empowers residents and contributes to the development of strong, thriving communities.
This information is meant to be a general summary of Tuskegee Alumni Housing Foundation. 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: $194
- Program Service Revenue: $566,416
- Gross Receipts: $1,278,002
Assets and Liabilities:
- Total Assets: $2,624,933
- Total Liabilities: $2,021,694
- Net Assets: $603,239
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$566,416
Organization Details
Founding Year
1971
Phone
(614) 451-9000Principal Officer
Glenn Otis Jr
Main Address
1601 BETHEL ROAD, COLUMBUS, OH, 43220
NTEE Category
Code: L200 - Housing
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