National Church Residences Of Waterford Housing Development Fund Company Inc

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

EIN: 311070760 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

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Overview

What is National Church Residences Of Waterford Housing Development Fund Company Inc?

National Church Residences of Waterford Housing Development Fund Company Inc is a nonprofit organization situated in Columbus, Ohio. Its primary mission is to offer housing facilities and services tailored to meet the unique needs of elderly individuals and those with disabilities, aiming to enhance their physical, social, and psychological well-being. The organization, originating from a Christian commitment to service, is dedicated to providing high-quality care, services, and residential communities for seniors. The primary activity of this nonprofit involves offering housing for low- and moderate-income individuals, ensuring equitable housing solutions for those in need.


Official website here: www.nationalchurchresidences.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82%, Three-Star out of Four Stars

National Church Residences of Waterford Housing Development Fund Company Inc has earned a commendable Three-Star rating from Charity Navigator, reflecting an overall score of 82%. This rating is derived solely from its Accountability & Finance metrics, showcasing the organization’s commitment to transparency and effective financial management.

The organization excels particularly in its governance practices, with a fully independent board of directors and high scores in areas such as material diversion of assets, conflict of interest policies, and whistleblower protections. The program expense ratio is notably strong at 90.65%, indicating that the majority of its funding is directed towards program services rather than administrative expenses.

While the organization demonstrates robust financial accountability and transparency, the single focus on the Accountability & Finance beacon means that other areas such as program impact or community engagement are not assessed in this rating. However, the strong governance practices and high expenditure on program services suggest a solid foundation for responsible operation.


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

Is National Church Residences Of Waterford Housing Development Fund Company Inc legitimate?

National Church Residences Of Waterford Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Church Residences Of Waterford Housing Development Fund Company 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.nationalchurchresidences.org

What is the mission statement of National Church Residences Of Waterford Housing Development Fund Company Inc?

National Church Residences of Waterford Housing Development Fund Company Inc, originating from a Christian commitment of service, is dedicated to providing high-quality care, services, and residential communities for all seniors. Their primary purpose is to offer housing facilities and services specifically designed to meet the physical, social, and psychological needs of elderly persons and the handicapped. This is done with the aim to promote their health, security, happiness, and usefulness in longer living. The costs for these facilities and services are determined on a non-profit basis, with the focus on provision, maintenance, and operation.


Official website here: www.nationalchurchresidences.org

Who is the CEO of National Church Residences Of Waterford Housing Development Fund Company Inc?

Jill Kolb is the Director (Through 12/31/22) of National Church Residences Of Waterford Housing Development Fund Company Inc.


Official website here: www.nationalchurchresidences.org

What is the revenue of National Church Residences Of Waterford Housing Development Fund Company Inc?

National Church Residences Of Waterford Housing Development Fund Company Inc's revenue in 2023 was $462,669.


Official website here: www.nationalchurchresidences.org

Who are the executives of National Church Residences Of Waterford Housing Development Fund Company Inc and what are their salaries?

There 5 volunteers at National Church Residences Of Waterford Housing Development Fund Company Inc.


Here are 12 key members and their salaries:


J Lynn Anderson (Director (Through 12/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Maloney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Moats (Director (Through 12/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Barney (Director (Effective 01/01/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Tingting Li (Director (Effective 01/01/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Walter (Vice President (Effective 01/01/23))
  • Compensation: $0
  • Related: $463,072
  • Other: $27,928
Matthew D Rule (President (Effective 01/01/23))
  • Compensation: $0
  • Related: $437,237
  • Other: $44,397
Sonya Brown (Vice President)
  • Compensation: $0
  • Related: $305,691
  • Other: $39,557
Julie M Woolley (Secretary)
  • Compensation: $0
  • Related: $268,480
  • Other: $22,702
Eric Walker (Vice President (Effective 01/01/23))
  • Compensation: $0
  • Related: $228,292
  • Other: $33,197
Jill Kolb (Treasurer)
  • Compensation: $0
  • Related: $209,679
  • Other: $38,735
Steven T Bodkin (President (Through 12/31/22))
  • Compensation: $0
  • Related: $477,320
  • Other: $48,992


Official website here: www.nationalchurchresidences.org

Where can I find the form 990 for National Church Residences Of Waterford Housing Development Fund Company Inc?

National Church Residences Of Waterford Housing Development Fund Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.nationalchurchresidences.org

Learn more at the official website: www.nationalchurchresidences.org

Mission Statement of National Church Residences Of Waterford Housing Development Fund Company Inc

National Church Residences Of Waterford Housing Development Fund Company Inc is driven by a Christian commitment to service, with its mission centered around providing high-quality care, services, and residential communities for seniors. The organization's primary purpose is to cater to the needs of elderly persons and individuals with disabilities, offering them housing facilities and services specifically designed to address their physical, social, and psychological requirements. This mission aims to promote the health, security, happiness, and usefulness of these individuals, enabling them to live comfortably for an extended period. The charges for these facilities and services are determined by the provision, maintenance, and operation of the same on a non-profit basis.

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Impact




July, 2024

National Church Residences Of Waterford Housing Development Fund Company Inc's impact lies in its dedication to providing housing for low and moderate-income elderly and handicapped persons. By offering specially designed housing facilities and services tailored to meet their physical, social, and psychological needs, this organization promotes the health, security, happiness, and usefulness of its residents in their longer living. Operating on a basis of fairness and affordability, this nonprofit in Columbus, Ohio, upholds a mission rooted in Christian values to deliver high-quality care, services, and residential communities for seniors. Through its focus on housing, National Church Residences Of Waterford Housing Development Fund Company Inc positively impacts the lives of vulnerable populations, ensuring they have access to safe and supportive living environments.




This information is meant to be a general summary of National Church Residences Of Waterford Housing Development Fund Company 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
$462,669 (2023)
Expenses
$498,206 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$10,648
  • Program Service Revenue: $151,552
  • Gross Receipts: $476,314

Assets and Liabilities:

  • Total Assets: $1,356,486
  • Total Liabilities: $3,232,644
  • Net Assets: -$1,876,158

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Programs

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

RENTS - NET

Revenue

$151,552

Organization Details

Founding Year

1984

Principal Officer

Jill Kolb

Main Address

2245 NORTH BANK DRIVE, COLUMBUS, OH, 43220

NTEE Category

Code: L22 - Housing

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