Overview
What is Human Resources Development Institute Inc Southwood?
Human Resources Development Institute Inc Southwood is a nonprofit organization situated in Chicago, Illinois. Its primary focus is to offer property management services for Human Resources Development Institute, a related 501(c)(3) organization. This sister organization provides essential health and human services to high-risk and underserved communities. By managing the property, Human Resources Development Institute Inc Southwood plays a crucial role in supporting this mission. The nonprofit's work contributes to the overall well-being of these communities by ensuring the organization that provides vital services has a well-maintained space to operate effectively.
Official website here: www.hrdi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating with a score of 48%
The Human Resources Development Institute Inc Southwood has received a concerning zero-star rating with an overall score of 48% on Charity Navigator. This rating highlights significant deficiencies in accountability and finance practices, particularly the lack of independent board members, which raises concerns about governance and decision-making processes within the organization. The absence of a whistleblower policy and document retention practices further emphasizes these governance issues.
Despite the governance challenges, the organization does exhibit some strengths in its operational performance. It has a high program expense ratio of 99.51%, indicating that nearly all funds are directed towards program services rather than administrative costs. Additionally, the organization has a clean record regarding material diversion of assets, demonstrating financial integrity in that respect. However, the high salaries of key personnel may draw scrutiny concerning compensation practices.
Overall, while the organization shows a strong commitment to programmatic spending, the lack of essential governance policies and independent oversight presents significant concerns. Potential donors and stakeholders should weigh these factors carefully when considering engagement with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Human Resources Development Institute Inc Southwood legitimate?
Human Resources Development Institute Inc Southwood is a legitimate nonprofit organization registered as a 501(c)(3) entity. Human Resources Development Institute Inc Southwood 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.hrdi.org
What is the mission statement of Human Resources Development Institute Inc Southwood?
The Human Resources Development Institute Inc. Southwood primarily provides property management services. This organization is connected to a 501(C)(3) entity, the Human Resources Development Institute, which focuses on supplying essential health and human services to high-risk, underserved communities. The role of Human Resources Development Institute Inc. Southwood is instrumental in supporting this mission by managing their properties effectively.
Official website here: www.hrdi.org
Who is the CEO of Human Resources Development Institute Inc Southwood?
Verneda Bachus is the Director of Human Resources Development Institute Inc Southwood.
Official website here: www.hrdi.org
What is the revenue of Human Resources Development Institute Inc Southwood?
Human Resources Development Institute Inc Southwood's revenue in 2022 was $4,200.
Official website here: www.hrdi.org
Who are the executives of Human Resources Development Institute Inc Southwood and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $973,482
- Other: $103,108
- Compensation: $0
- Related: $247,619
- Other: $52,124
- Compensation: $0
- Related: $207,438
- Other: $42,390
Official website here: www.hrdi.org
Where can I find the form 990 for Human Resources Development Institute Inc Southwood?
Human Resources Development Institute Inc Southwood's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hrdi.org
Learn more at the official website: www.hrdi.org
Mission Statement of Human Resources Development Institute Inc Southwood
Human Resources Development Institute Inc Southwood, as a related entity, is committed to providing property management services. This institute is a 501(c)(3) organization with a mission to supply health and human services to high-risk, underserved communities. By managing properties, Human Resources Development Institute Inc Southwood contributes to the overall function and success of its parent organization, which is dedicated to improving the well-being of vulnerable populations. The property management services offered by Human Resources Development Institute Inc Southwood play a crucial role in ensuring the organization's facilities are well-maintained and meet the needs of the communities they serve.
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Impact
August, 2024
Human Resources Development Institute Inc Southwood plays a crucial role in providing property management services for the Human Resources Development Institute and its related entities. By efficiently managing properties, this organization supports the operations of a related 501(c)(3) organization that delivers health and human services to high-risk, underserved communities in Chicago, Illinois. Their work ensures that essential services reach those who need them the most, contributing to community improvement and well-being.
This information is meant to be a general summary of Human Resources Development Institute Inc Southwood. 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.
- Program Service Revenue: $4,200
- Gross Receipts: $4,200
Assets and Liabilities:
- Total Assets: $3,515,741
- Total Liabilities: $2,687,820
- Net Assets: $827,921
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$4,200
Organization Details
Founding Year
1985
Phone
(312) 441-9009Principal Officer
Verneda Bachus
Main Address
340 E 51ST STREET, CHICAGO, IL, 60615
Website
www.hrdi.orgNTEE Category
Code: S50 - Community improvement
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