Overview
What is Abcap Housing Iv Inc Phillips?
Abcap Housing Iv Inc Phillips is a nonprofit organization situated in Georgetown, Ohio, with a specific focus on providing affordable housing for the elderly and handicapped residents of Adams County. The organization's primary mission is to offer facilities and services tailored to cater to the physical, social, and psychological needs of these individuals. To accomplish this, Abcap Housing Iv Inc Phillips delivers housing solutions designed to enhance their quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Abcap Housing IV Inc. has received a solid Three-Star rating from Charity Navigator, reflecting its commitment to accountability and finance management. The rating is derived entirely from a single beacon score with a strong emphasis on financial transparency and responsible governance practices. The organization boasts an independent board structure, scoring 10 out of 10 points for having 100% independent members, which enhances its credibility.
The charity excels in several governance areas, including the absence of material diversion of assets and the presence of essential policies such as conflict of interest and whistleblower protections, both receiving perfect scores. Additionally, the program expense ratio is commendable at 82.20%, indicating that a significant portion of its funding goes directly to its programs.
However, it should be noted that the organization faces challenges with its liabilities to assets ratio, which stands at 126.79%. This could suggest financial stress or a higher risk level regarding its sustainability. Overall, while Abcap Housing IV Inc. demonstrates strong governance and program efficacy, potential donors should consider its financial liabilities as part of their decision-making process.
This AI summary has been generated from information found on Charity Navigator.
Is Abcap Housing Iv Inc Phillips legitimate?
Abcap Housing Iv Inc Phillips is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abcap Housing Iv Inc Phillips 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: $3,977
For more financial information, click here
What is the mission statement of Abcap Housing Iv Inc Phillips?
Abcap Housing Iv Inc Phillips, as an organization, is committed to providing facilities and services tailored to cater to the physical, social, and psychological needs of elderly and handicapped individuals. Their mission is to create an environment that addresses the unique requirements of this vulnerable group, aiming to enhance their quality of life. The organization offers affordable housing solutions in Adams County, Ohio, ensuring that these individuals have access to a supportive living environment. Their primary focus is on ensuring the well-being and comfort of the elderly and handicapped, providing them with the necessary resources to lead fulfilling lives.
Who is the CEO of Abcap Housing Iv Inc Phillips?
Daniel Wickerham is the Trustee of Abcap Housing Iv Inc Phillips.
What is the revenue of Abcap Housing Iv Inc Phillips?
Abcap Housing Iv Inc Phillips's revenue in 2022 was $49,138.
Who are the executives of Abcap Housing Iv Inc Phillips and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Abcap Housing Iv Inc Phillips?
Abcap Housing Iv Inc Phillips's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Abcap Housing Iv Inc Phillips
Abcap Housing Iv Inc Phillips is committed to providing facilities and services tailored to address the physical, social, and psychological needs of elderly and handicapped individuals. This nonprofit organization's mission is to create an environment that caters to the diverse needs of this specific population, ensuring their well-being and quality of life. By offering affordable housing in Adams County, Ohio, Abcap Housing Iv Inc Phillips demonstrates its dedication to making a meaningful impact in the lives of its residents. The organization strives to create a supportive and inclusive community where elderly and handicapped individuals can thrive, fostering an environment that promotes overall health and happiness.
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Impact
August, 2024
Abcap Housing IV Inc Phillips's impact is significant as it provides essential facilities and services tailored to meet the physical, social, and psychological needs of elderly and handicapped individuals in Adams County, Ohio. By offering affordable housing options, this organization plays a crucial role in enhancing the quality of life for vulnerable populations in the community. Through its mission to provide a supportive environment for those in need, Abcap Housing IV Inc Phillips contributes to creating a more inclusive and caring society.
This information is meant to be a general summary of Abcap Housing Iv Inc Phillips. 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: $65
- Program Service Revenue: $48,089
- Gross Receipts: $49,138
Assets and Liabilities:
- Total Assets: $268,222
- Total Liabilities: $340,098
- Net Assets: -$71,876
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES & CONTRACTS GOV AGENCIES
Revenue
$24,396
RENTAL INCOME
Revenue
$23,693
Organization Details
Founding Year
1996
Phone
(937) 378-6041Principal Officer
Daniel Wickerham
Main Address
406 WEST PLUM STREET, GEORGETOWN, OH, 45121
NTEE Category
Code: L21 - Housing
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