Overview
What is Ucc Iv Inc?
Ucc Iv Inc, located beyond the details provided, is a nonprofit organization committed to providing senior housing for low-income individuals. They achieve this through the U.S. Department of HUD Sec. 202 Program, offering subsidized apartment rental housing to around 64 low-income elderly and handicapped residents. This initiative aims to support the housing needs of this vulnerable population, thereby contributing to their well-being and quality of life.
Official website here: www.unitedchurchhomes.org/housing_ms_lefleur.php
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 60%).
Ucc Iv Inc has been rated as needing improvement, receiving a score of 60%. The organization shows some strengths in its governance policies, such as having a conflict of interest policy and whistleblower protections in place. It also has a solid independent board size, which is a positive aspect of its governance structure. However, the lack of majority independent board members highlights a potential concern for accountability.
On the financial side, Ucc Iv Inc's program expense ratio is notably low, indicating that a smaller portion of its expenses is directed towards its programs. The organization's liabilities to assets ratio has also received a score of zero, signaling possible financial vulnerabilities. Additionally, the transparency of the nonprofit is called into question as it has not posted its tax form on its website, which may hinder public trust.
Overall, while Ucc Iv Inc has established some solid governance practices, its financial management and transparency issues may detract from its overall effectiveness and public perception. Stakeholders may want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Ucc Iv Inc legitimate?
Ucc Iv Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ucc Iv 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: $80,826
For more financial information, click here
Official website here: www.unitedchurchhomes.org/housing_ms_lefleur.php
What is the mission statement of Ucc Iv Inc?
Ucc Iv Inc, through its project Lefleur Haven, is dedicated to providing senior housing for low-income individuals. This is achieved through the U.S. Department of HUD Sec. 202 Program, which offers subsidized apartment rental housing to approximately 64 elderly and/or handicapped individuals. The primary aim is to ensure that such individuals have access to affordable senior housing, thereby promoting their well-being and independence. The organization's mission is aligned with this, focusing on the provision of senior housing for those in need, thereby contributing to a more inclusive and supportive community.
Official website here: www.unitedchurchhomes.org/housing_ms_lefleur.php
Who is the CEO of Ucc Iv Inc?
John Bertsch is the President of Ucc Iv Inc.
Official website here: www.unitedchurchhomes.org/housing_ms_lefleur.php
What is the revenue of Ucc Iv Inc?
Ucc Iv Inc's revenue in 2022 was $491,152.
Official website here: www.unitedchurchhomes.org/housing_ms_lefleur.php
Who are the executives of Ucc Iv Inc and what are their salaries?
The average compensation at Ucc Iv Inc during 2022 was $40,413. There are 2 employees at Ucc Iv Inc.
Here are 8 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Related: $196,746
- Other: $0
- Compensation: $0
- Related: $394,111
- Other: $0
Official website here: www.unitedchurchhomes.org/housing_ms_lefleur.php
Where can I find the form 990 for Ucc Iv Inc?
Ucc Iv Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unitedchurchhomes.org/housing_ms_lefleur.php
Learn more at the official website: www.unitedchurchhomes.org/housing_ms_lefleur.php
Mission Statement of Ucc Iv Inc
Ucc Iv Inc, with its focus on 'Providing Senior Housing for Low-Income Persons,' operates Lefleur Haven, a subsidized housing facility. The objective of this organization is to provide affordable apartment rentals to around 64 low-income elderly and/or handicapped individuals. This mission is accomplished through the U.S. Department of HUD Sec. 202 Program, a government-backed initiative designed to support senior housing for individuals with limited financial resources. By offering subsidized housing, Ucc Iv Inc aims to make senior living more accessible and inclusive for those in need, thereby contributing to the well-being of the elderly community.
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Impact
July, 2024
Ucc Iv Inc, operating under the name Lefleur Haven in MARION, OH, has a direct impact on the lives of around 64 low-income elderly and/or handicapped individuals by providing subsidized apartment rental housing through the U.S. Department of HUD Sec. 202 Program. By offering affordable housing options to those in need, Ucc Iv Inc helps improve the quality of life for seniors who may have limited financial resources. This impact extends beyond just providing shelter, as safe and stable housing is essential for overall well-being and quality of life, particularly for vulnerable populations. Through its commitment to providing senior housing for low-income individuals, Ucc Iv Inc plays a crucial role in supporting the aging population and addressing housing insecurity among seniors.
This information is meant to be a general summary of Ucc Iv 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: $205
- Program Service Revenue: $216,982
- Gross Receipts: $491,152
Assets and Liabilities:
- Total Assets: $1,175,988
- Total Liabilities: $3,370,039
- Net Assets: -$2,194,051
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent Revenue
Revenue
$216,982
Organization Details
Founding Year
1994
Phone
(740) 382-4885Principal Officer
John Bertsch
Main Address
170 East Center Street PO Box 1806, Marion, OH, 433011806
NTEE Category
Code: L22 - Housing
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