Overview
What is New Chauncey Housing Incorporated?
New Chauncey Housing Incorporated, located in West Lafayette, Indiana, is a nonprofit organization with a mission to provide affordable housing and neighborhood stabilization. They have demonstrated their commitment by offering down payment assistance to one low-income family and offering homeowner's assistance to various other low-income families in the area. With a small team of only two employees, this organization plays a significant role in supporting local housing needs and promoting neighborhood stability.
Official website here: www.newchaunceyhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
New Chauncey Housing Incorporated has earned a Three-Star rating from Charity Navigator, reflecting its overall score of 81%. This score is primarily derived from its strong accountability and finance practices, which are essential for donor trust and organizational effectiveness. The charity scores exceptionally well on several metrics, including having a fully independent board of directors and no material diversion of assets, indicating robust governance.
The organization demonstrates good practices in transparency, with all required policies listed on its website, including conflict of interest and whistleblower policies. Its sound financial management is further supported by a low liabilities-to-assets ratio of 2.44%, suggesting a strong financial position. However, its program expense ratio of 57.11% indicates that a relatively smaller portion of its budget is directed towards programs compared to administrative costs.
While the overall metrics reflect solid governance and financial health, the lower program expense ratio may suggest that the organization could benefit from focusing more resources directly on its mission-driven activities. This balance is critical for maximizing the impact of its charitable efforts.
This AI summary has been generated from information found on Charity Navigator.
Is New Chauncey Housing Incorporated legitimate?
New Chauncey Housing Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Chauncey Housing Incorporated 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: $101,727
For more financial information, click here
Official website here: www.newchaunceyhousing.org
What is the mission statement of New Chauncey Housing Incorporated?
New Chauncey Housing Incorporated is committed to providing low-income housing and contributing to the stabilization of communities. One of their key initiatives involves offering down payment assistance to a low-income family. Furthermore, they provide homeowner's assistance to various low-income families to help them maintain their homes. The organization's mission is centered around improving living conditions and supporting financially disadvantaged families.
Official website here: www.newchaunceyhousing.org
Who is the CEO of New Chauncey Housing Incorporated?
Ann Brandyberry is the Executive Di of New Chauncey Housing Incorporated.
Official website here: www.newchaunceyhousing.org
What is the revenue of New Chauncey Housing Incorporated?
New Chauncey Housing Incorporated's revenue in 2022 was $84,156.
Official website here: www.newchaunceyhousing.org
Who are the executives of New Chauncey Housing Incorporated and what are their salaries?
The average compensation at New Chauncey Housing Incorporated during 2022 was $50,864. There are 2 employees at New Chauncey Housing Incorporated.
Here are 7 key members and their salaries:
- Compensation: $81,473
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.newchaunceyhousing.org
Where can I find the form 990 for New Chauncey Housing Incorporated?
New Chauncey Housing Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newchaunceyhousing.org
Learn more at the official website: www.newchaunceyhousing.org
Mission Statement of New Chauncey Housing Incorporated
New Chauncey Housing Incorporated is committed to providing low-income housing and contributing to neighborhood stabilization. This nonprofit organization's mission is centered around offering assistance to families in need, specifically in the areas of down payment and homeowners' assistance. By providing these services, New Chauncey Housing Incorporated aims to make homeownership more accessible and help stabilize communities. The organization's efforts in this regard contribute to the overall well-being of the families it serves, providing them with a stable living environment.
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
October, 2024
New Chauncey Housing Incorporated significantly contributes to community stability and development in West Lafayette, Indiana, by focusing on low-income housing initiatives. One of its key impacts is the provision of down payment assistance, which enables low-income families to achieve homeownership. This support not only helps families secure stable housing but also fosters long-term investment in the neighborhood.
By offering homeowner's assistance to those in need, New Chauncey Housing plays a pivotal role in combating housing insecurity and promoting equitable access to housing opportunities. As a result, the organization helps enhance the overall quality of life for individuals and families, strengthens community ties, and aids in the revitalization of neighborhoods, ensuring they thrive economically and socially.
This information is meant to be a general summary of New Chauncey Housing Incorporated. 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: $8
- Gross Receipts: $392,418
Assets and Liabilities:
- Total Assets: $356,334
- Total Liabilities: $8,695
- Net Assets: $347,639
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1998
Phone
(765) 743-6244Principal Officer
Ann Brandyberry
Main Address
630 ROSE ST, WEST LAFAYETTE, IN, 47906
Website
www.newchaunceyhousing.orgNTEE Category
Code: L25 - Housing
If you are a representative of New Chauncey Housing Incorporated 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.