Overview
What is Westwood Housing Association Inc?
Westwood Housing Association Inc, situated in Dayton, Ohio, is a nonprofit organization that specializes in providing housing for the elderly. Specifically, they operate a home comprising 50 units, in accordance with Section 202 of the National Housing Act. Their mission revolves around ensuring a comfortable living space for the elderly, providing essential services that cater to their unique needs. This association dedicates its resources to maintaining and operating this home, contributing positively to the community and providing a secure environment for its elderly residents.
Official website here: www.graceworks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Westwood Housing Association Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. The score is based solely on the Accountability & Finance category, where the organization scored 81%. This reflects a strong commitment to maintaining transparent practices and responsible governance.
The organization demonstrates several strengths, including a board composed entirely of independent members, and high scores in areas such as financial oversight and conflict of interest policies. Notably, the program expense ratio is impressive at 91.41%, suggesting that a significant portion of funds is directed toward programs rather than administrative costs.
While the overall rating reflects positive practices, the reliance on a singular beacon score may limit a broader evaluation of the organization's impact or effectiveness in its mission. However, the high accountability score and strong governance practices indicate a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Westwood Housing Association Inc legitimate?
Westwood Housing Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westwood Housing Association 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:
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Official website here: www.graceworks.org
What is the mission statement of Westwood Housing Association Inc?
Westwood Housing Association Inc's mission is centered around operating a residential facility for the elderly, adhering to Section 202 of the National Housing Act. Specifically, they manage a home consisting of 50 units, catering to the elderly population. Their primary objective is to oversee the operation of this facility, ensuring it provides a suitable living environment for its elderly residents. The Association incurs expenses in the process of maintaining and managing this elderly home.
Official website here: www.graceworks.org
Who is the CEO of Westwood Housing Association Inc?
Judy A Budi is the President of Westwood Housing Association Inc.
Official website here: www.graceworks.org
What is the revenue of Westwood Housing Association Inc?
Westwood Housing Association Inc's revenue in 2022 was $621,555.
Official website here: www.graceworks.org
Who are the executives of Westwood Housing Association Inc and what are their salaries?
There 33 volunteers at Westwood Housing Association Inc.
Here are 9 key members and their salaries:
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Official website here: www.graceworks.org
Where can I find the form 990 for Westwood Housing Association Inc?
Westwood Housing Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.graceworks.org
Learn more at the official website: www.graceworks.org
Mission Statement of Westwood Housing Association Inc
Westwood Housing Association Inc, as stated in its mission, is dedicated to operating a residential facility specifically catering to the elderly. Situated under Section 202 of the National Housing Act, this nonprofit organization manages a home consisting of 50 units, providing a sanctuary for the elderly population. The Association's primary objective is to ensure the operation and maintenance of this elderly-focused residence, ensuring a comfortable and secure living environment for its residents.
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Impact
July, 2024
Westwood Housing Association Inc's impact is providing a home for the elderly through the operation of a 50-unit facility under Section 202 of the National Housing Act. It serves a critical need in the community by offering affordable housing options and supportive services for elderly individuals. Their mission focuses on ensuring that elderly residents have a safe and comfortable living environment, promoting independence and well-being among this vulnerable population. Through their efforts, Westwood Housing Association Inc positively contributes to the overall quality of life for seniors in the Dayton, Ohio area.
This information is meant to be a general summary of Westwood Housing Association 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: $128
- Program Service Revenue: $522,625
- Gross Receipts: $621,555
Assets and Liabilities:
- Total Assets: $620,642
- Total Liabilities: $1,597,105
- Net Assets: -$976,463
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FROM GOVERNMENT
Revenue
$381,578
TENANT RENTS
Revenue
$139,547
OTHER TENANT REVENUE
Revenue
$1,500
Organization Details
Founding Year
1986
Phone
(937) 436-6865Principal Officer
Judy A Budi
Main Address
6430 INNER MISSION WAY, DAYTON, OH, 45459
Website
www.graceworks.orgNTEE Category
Code: L22 - Housing
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