Overview
What is Sahc Development Inc?
Sahc Development Inc, situated in Akron, Ohio, is a nonprofit organization dedicated to offering supportive housing to 15 individuals and families affected by HIV. The organization's mission revolves around providing a safe and nurturing environment for those living with the virus or having a family member infected. Through their supportive housing program, they aim to improve the quality of life for these individuals, offering them a place to call home and the necessary resources to manage their health and wellbeing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
Sahc Development Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scored well in several key areas, including having 100% independent board members and a strong program expense ratio of 89.87%, showcasing a commitment to its mission and effective use of funds.
While the nonprofit excels in governance practices, such as having a conflict of interest policy and a whistleblower policy in place, it does face a notable concern regarding its liabilities. With a liabilities to assets ratio of 363.10%, this suggests potential financial strain that could impact its long-term sustainability and operations.
Overall, Sahc Development Inc demonstrates strong governance and program effectiveness, but stakeholders should remain mindful of the financial challenges indicated by its liabilities. Continued monitoring and strategic financial management will be essential for maintaining its positive impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Sahc Development Inc legitimate?
Sahc Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sahc Development 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: $8,132
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What is the mission statement of Sahc Development Inc?
Sahc Development Inc's mission is centered around providing supportive housing. Specifically, they aim to accommodate and offer a home to individuals who are infected with HIV and their respective families. Their primary objective is to offer a safe and nurturing environment for a total of 15 individuals or households who are all affected by HIV. The organization's work is dedicated to enhancing the living conditions and overall well-being of these individuals.
Who is the CEO of Sahc Development Inc?
Rebecca Callahan is the Treasurer of Sahc Development Inc.
What is the revenue of Sahc Development Inc?
Sahc Development Inc's revenue in 2022 was $159,108.
Who are the executives of Sahc Development Inc and what are their salaries?
There 20 volunteers at Sahc Development Inc.
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Where can I find the form 990 for Sahc Development Inc?
Sahc Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sahc Development Inc
Sahc Development Inc, a nonprofit organization, is devoted to providing supportive housing for individuals who are infected with the HIV virus and/or families that have a member with HIV. The primary mission of this organization is to offer a safe and nurturing living environment for these individuals, ensuring they receive the care and assistance they need to improve their quality of life. By providing housing for 15 individuals and families, Sahc Development Inc aims to create a community where those affected by HIV can find support, companionship, and the resources necessary to manage their health and well-being. The organization's mission is to provide a welcoming and inclusive environment where individuals and families can focus on their recovery and rebuild their lives, overcoming the challenges posed by HIV.
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Impact
October, 2024
Sahc Development Inc significantly impacts the community by offering supportive housing to individuals and families affected by the HIV virus. By providing a safe and stable living environment for 15 individuals or families, the organization plays a crucial role in enhancing the quality of life for those facing the challenges associated with HIV. This initiative not only addresses immediate housing needs but also fosters a sense of community and belonging, helping residents to manage their health and well-being effectively. With a commitment to human services, Sahc Development Inc contributes to the broader efforts in public health and social support, ultimately promoting better outcomes for some of the most vulnerable members of society in Akron, OH.
This information is meant to be a general summary of Sahc Development 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: $4
- Program Service Revenue: $36,046
- Gross Receipts: $159,108
Assets and Liabilities:
- Total Assets: $403,271
- Total Liabilities: $1,464,284
- Net Assets: -$1,061,013
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$33,069
LAUNDRY REVENUE & TENANT CHARGES
Revenue
$2,977
Organization Details
Founding Year
1992
Phone
(330) 252-1559Principal Officer
Rebecca Callahan
Main Address
759 WEST MARKET STREET, AKRON, OH, 44303
NTEE Category
Code: P80Z - Human services
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