Overview
What is Hispanic Housing Services Inc?
Hispanic Housing Services Inc, with its headquarters located at 1501 S Meridian Street, Indianapolis, Indiana 46225, is a nonprofit organization dedicated to enhancing the living conditions of low-income senior citizens. They operate a housing facility, known as Villa at Sacred Heart Apartments, accommodating 50 units, specifically designed for this demographic. With a team of four dedicated individuals, their mission centers around providing high-quality living environments for this vulnerable population, thus contributing positively to the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning it a Two-Star out of Four Star rating. This rating indicates that Hispanic Housing Services Inc demonstrates some accountability and financial metrics that meet certain expectations, though there are areas needing improvement. The organization has a strong score for having a fully independent board and a solid audit and oversight committee, but it suffers in areas such as financial transparency and reporting on its website.
Strengths of Hispanic Housing Services Inc include a robust program expense ratio of 85.85%, indicating that a significant portion of its funds is directed towards its programs, which is a positive indicator of its mission-driven focus. Additionally, all board members are independent, which is a crucial factor for governance and accountability. The organization has also established several important policies, including conflict of interest and whistleblower policies.
However, there are notable limitations reflected in its rating. The organization lacks a website link on its tax form, which hinders transparency for potential donors and stakeholders. Furthermore, the liabilities to assets ratio is quite high at 205.33%, suggesting financial stability concerns. The absence of its tax form on its website further detracts from the overall assessment, pointing to a need for improved communication and financial disclosure practices.
This AI summary has been generated from information found on Charity Navigator.
Is Hispanic Housing Services Inc legitimate?
Hispanic Housing Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hispanic Housing Services 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
What is the mission statement of Hispanic Housing Services Inc?
Hispanic Housing Services Inc is dedicated to providing high-quality living conditions for senior citizens with low income. Their mission is centered around housing, specifically offering 50 units in an unspecified location. This organization strives to enhance the living standards of these senior citizens, ensuring they have a comfortable and dignified living space.
Who is the CEO of Hispanic Housing Services Inc?
Isadore Rivas is the President of Hispanic Housing Services Inc.
What is the revenue of Hispanic Housing Services Inc?
Hispanic Housing Services Inc's revenue in 2022 was $521,352.
Who are the executives of Hispanic Housing Services Inc and what are their salaries?
There are 4 employees at Hispanic Housing Services Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hispanic Housing Services Inc?
Hispanic Housing Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hispanic Housing Services Inc
Hispanic Housing Services Inc, a nonprofit organization, is committed to providing high-quality living conditions for senior citizens who fall under the low-income bracket. Situated in Indianapolis, Indiana, the organization operates 50 housing units that serve as homes for these individuals, ensuring they live comfortably and with dignity. The mission of Hispanic Housing Services Inc is to create an environment where these senior citizens can thrive, offering them the essentials they need to lead fulfilling lives. By providing these housing units, the organization aims to contribute to their overall well-being and ensure they have a safe and secure living space.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Hispanic Housing Services Inc's impact is providing quality living for low-income senior citizens through the availability of 50 housing units in Indianapolis, Indiana. By offering affordable housing options, this organization directly contributes to improving the quality of life for seniors in need. Their focus on housing aligns with their mission to support low-income seniors and ensure they have a safe and comfortable place to call home. Through their efforts, Hispanic Housing Services Inc positively impacts the community by addressing housing insecurity among senior citizens in Indianapolis.
This information is meant to be a general summary of Hispanic Housing Services 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: $33
- Program Service Revenue: $117,754
- Gross Receipts: $521,352
Assets and Liabilities:
- Total Assets: $410,236
- Total Liabilities: $962,566
- Net Assets: -$552,330
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$117,754
Organization Details
Founding Year
1986
Phone
(562) 257-5100Principal Officer
Isadore Rivas
Main Address
1501 S MERIDIAN STREET, INDIANAPOLIS, IN, 46225
NTEE Category
Code: L22Z - Housing
If you are a representative of Hispanic Housing Services Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.