Liberty Baptist Housing Authority Inc

Liberty Terrace Apartments

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 310961533 ✦ Evansville, IN ✦ Designated as a 501(c)(3)

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Overview

What is Liberty Baptist Housing Authority Inc?

Liberty Baptist Housing Authority Inc, based in Evansville, Indiana, is a nonprofit organization that prioritizes providing safe and affordable housing opportunities for low-income individuals. Their mission is to ensure quality living spaces for those who might otherwise struggle to secure such housing. Operating under the name Liberty Terrace Apartments, the organization strives to make a significant impact in the community by offering housing solutions that cater to the needs of its residents.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Star rating)

Liberty Baptist Housing Authority Inc has received a solid Three-Star rating from Charity Navigator, indicating a strong performance in terms of accountability and finance. The organization scored particularly well in several key areas, including a perfect score for having an independent board, a transparent conflict of interest policy, and comprehensive whistleblower and document retention policies.

With a program expense ratio of 96.91%, the majority of the organization's expenses are directed towards its programs, which highlights its commitment to fulfilling its mission effectively. Additionally, the absence of material diversion of assets further emphasizes the organization’s integrity and financial health.

However, while the charity demonstrates strong governance practices and financial management, the overall score is derived from a single beacon, meaning that a broader assessment of its performance across various dimensions may be limited. As such, potential donors may want to consider additional factors beyond the rating.


This AI summary has been generated from information found on Charity Navigator.

Is Liberty Baptist Housing Authority Inc legitimate?

Liberty Baptist Housing Authority Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Liberty Baptist Housing Authority 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: $112,392

For more financial information, click here

What is the mission statement of Liberty Baptist Housing Authority Inc?

Liberty Baptist Housing Authority Inc's mission is centered around providing quality living spaces for individuals with limited income. This organization strives to ensure that these individuals, who may otherwise struggle to secure safe and affordable housing, have access to such accommodations. The company's mission is clearly defined as providing safe and affordable housing, serving as a beacon of hope for those in need. They are dedicated to improving the living conditions of these individuals, thereby enhancing their overall quality of life.

Who is the CEO of Liberty Baptist Housing Authority Inc?

Danny Henderson is the President of Liberty Baptist Housing Authority Inc.

What is the revenue of Liberty Baptist Housing Authority Inc?

Liberty Baptist Housing Authority Inc's revenue in 2022 was $484,978.

Who are the executives of Liberty Baptist Housing Authority Inc and what are their salaries?


Here are 9 key members and their salaries:


Danny Henderson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Lewis (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scherilla Holland (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marisa Knox (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Bushrod (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Swanigan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cassandra Francis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cleveland King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Liberty Baptist Housing Authority Inc?

Liberty Baptist Housing Authority Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Liberty Baptist Housing Authority Inc

Liberty Baptist Housing Authority Inc is committed to fulfilling its mission by offering high-quality apartments to individuals who fall under the low-income bracket, a segment of the population that might struggle to secure safe and reasonably priced housing otherwise. The organization's primary goal is to provide these individuals with a sanctuary that is both secure and financially accessible. By doing so, Liberty Baptist Housing Authority Inc contributes to the betterment of its community, ensuring that every individual has the basic necessity of a home. The organization's unwavering dedication to this cause can be seen in its tireless efforts to provide safe and affordable housing solutions for those who need it most.

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Impact




July, 2024

Liberty Baptist Housing Authority Inc's impact is significant in providing safe and affordable housing to low-income individuals in Evansville, IN. By fulfilling its mission of offering quality apartments to those who may not have access to such housing otherwise, the organization plays a crucial role in addressing the housing needs of the community. Through its dedicated efforts, Liberty Baptist Housing Authority Inc makes a positive difference by ensuring that individuals have a secure and affordable place to live, ultimately improving their quality of life.




This information is meant to be a general summary of Liberty Baptist Housing Authority 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.

Revenue
$484,978 (2022)
Expenses
$426,547 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,098
  • Program Service Revenue: $131,399
  • Gross Receipts: $484,978

Assets and Liabilities:

  • Total Assets: $1,049,650
  • Total Liabilities: $1,266,150
  • Net Assets: -$216,500

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

APARTMENT RENTALS

Revenue

$131,399

Organization Details

Founding Year

1980

Principal Officer

Danny Henderson

Main Address

PO BOX 12, EVANSVILLE, IN, 47701

NTEE Category

Code: L80 - Housing

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