Overview
What is Bexley Senior Citizens Housing Corp?
Bexley Senior Citizens Housing Corp is a nonprofit organization located in Bexley, Ohio. Their primary mission is to provide affordable, safe housing for low-income senior citizens. They operate Bexley Heritage Apartments, a 40-unit building that receives subsidies under the Section 8 Housing Assistance Payment Program. This assistance helps the organization maintain its goal of offering affordable housing to the elderly community in the area. The organization's activities are centered around the operation and maintenance of this apartment building, ensuring it remains a secure and comfortable living space for its senior residents.
Official website here: www.whv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating).
Bexley Senior Citizens Housing Corp receives an overall score of 82%, reflecting strong performance in accountability and finance. The charity has a perfect score for having a fully independent board, which consists of 15 members. It also boasts robust policies regarding conflict of interest, whistleblowing, and document retention, indicating a commitment to transparency and good governance.
One of the highlights of Bexley Senior Citizens Housing Corp is its impressive program expense ratio of 97.34%, suggesting that the majority of its funds are directed towards its charitable mission rather than administrative costs. However, the organization has a concerning liabilities to assets ratio of 332.74%, which may imply financial risk or potential challenges in asset management.
Overall, while Bexley Senior Citizens Housing Corp demonstrates solid governance and a commitment to allocating resources effectively, the high liabilities to assets ratio could raise questions regarding its financial stability. Prospective donors and stakeholders might want to consider this aspect closely.
This AI summary has been generated from information found on Charity Navigator.
Is Bexley Senior Citizens Housing Corp legitimate?
Bexley Senior Citizens Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bexley Senior Citizens Housing Corp 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.whv.org
What is the mission statement of Bexley Senior Citizens Housing Corp?
The Bexley Senior Citizens Housing Corp is dedicated to providing safe and affordable housing for low-income senior citizens. Operating a 40-unit apartment building, the organization receives subsidies under the Section 8 Housing Assistance Payment Program. Its primary mission is to cater to the housing needs of senior citizens with limited income, ensuring they have a secure living environment. The corporation, with Bexley Heritage Apartments as its project, operates 40 apartments specifically for this demographic.
Official website here: www.whv.org
Who is the CEO of Bexley Senior Citizens Housing Corp?
Corey Goldsand is the Principal Officer of Bexley Senior Citizens Housing Corp. The CEO's salary of Bexley Senior Citizens Housing Corp is $0 and their total compensation is $314,684.
Official website here: www.whv.org
What is the revenue of Bexley Senior Citizens Housing Corp?
Bexley Senior Citizens Housing Corp's revenue in 2022 was $0.
Official website here: www.whv.org
Who are the executives of Bexley Senior Citizens Housing Corp and what are their salaries?
There 15 volunteers at Bexley Senior Citizens Housing Corp.
Here are 19 key members and their salaries (Bexley Senior Citizens Housing Corp's CEO's salary is $0 and their total compensation is $314,684):
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- Related: $293,731
- Other: $20,953
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- Related: $178,985
- Other: $24,044
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- Related: $156,118
- Other: $7,252
- Compensation: $0
- Related: $125,529
- Other: $0
Official website here: www.whv.org
Where can I find the form 990 for Bexley Senior Citizens Housing Corp?
Bexley Senior Citizens Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.whv.org
Learn more at the official website: www.whv.org
Mission Statement of Bexley Senior Citizens Housing Corp
Bexley Senior Citizens Housing Corp, as its primary mission, is committed to providing safe and affordable housing for low-income senior citizens. This mission is carried out through the operation of a 40-unit apartment building, which the corporation receives subsidies for under the Section 8 Housing Assistance Payment Program. The corporation's residential project, known as Bexley Heritage Apartments, offers a home to senior citizens who are in need of financial assistance. The mission of Bexley Senior Citizens Housing Corp is not just about providing a place to live, but it ensures that these senior citizens have access to safe and low-cost housing, thereby improving their quality of life.
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Impact
October, 2024
Bexley Senior Citizens Housing Corp significantly enhances the quality of life for low-income seniors in Bexley, Ohio. By operating the Bexley Heritage Apartments, a 40-unit housing complex, it provides a vital resource for elderly residents who may struggle to afford safe and adequate living conditions. The organization supports these seniors through subsidies from the Section 8 Housing Assistance Payment Program, which alleviates financial burdens and fosters a stable living environment.
The impact extends beyond mere housing; it promotes community integration, allowing seniors to maintain their independence while being part of a supportive environment. By prioritizing low-cost, secure housing, Bexley Senior Citizens Housing Corp empowers residents to thrive in their golden years, ensuring they have access to the resources they need for well-being and dignity. This initiative plays a crucial role in improving community health and stability, making it an essential asset for Columbus and the surrounding areas.
This information is meant to be a general summary of Bexley Senior Citizens Housing Corp. 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.
Assets and Liabilities:
- Total Assets: $780,283
- Total Liabilities: $2,596,356
- Net Assets: -$1,816,073
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Organization Details
Founding Year
1994
Phone
(614) 231-4900Principal Officer
Corey Goldsand
Main Address
2115 ASTOR AVENUE, COLUMBUS, OH, 43209
Website
www.whv.orgNTEE Category
Code: S20Z - Community improvement
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