Overview
What is Westhaven Of Englewood Ltd?
Westhaven of Englewood Ltd is a nonprofit organization situated in Tinley Park, Illinois. Their primary mission is to provide affordable housing options for eligible low-income tenants. Tenants contribute a portion of their rent, which is determined based on their income capacity, as per HUD regulations. The organization is dedicated to this endeavor, ensuring that housing remains within reach for those who might otherwise struggle to afford it.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% - Four-Star out of Four Star Rating
Westhaven Of Englewood Ltd has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The charity's overall score is based solely on its Accountability & Finance metrics, where it received a score of 90%. This high rating indicates that the organization is well-managed and transparent in its operations.
One significant strength of Westhaven Of Englewood Ltd is its governance structure, featuring an entirely independent board. With all board members being independent and a robust set of policies in place, the charity demonstrates a commitment to ethical practices and oversight. Additionally, the organization boasts an impressive program expense ratio of 100%, ensuring that all funds are directed towards its mission.
While the ratings are exceptionally positive, it's crucial to note that the assessment relies on financial metrics alone. There may be additional factors regarding program impact or community feedback that are not captured in this rating. Nonetheless, the charity's strong financial practices and governance instill confidence in its operations and mission delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Westhaven Of Englewood Ltd legitimate?
Westhaven Of Englewood Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westhaven Of Englewood Ltd 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: $238,012
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What is the mission statement of Westhaven Of Englewood Ltd?
Westhaven Of Englewood Ltd is dedicated to providing affordable housing for individuals with low income. This mission is carried out by offering housing to eligible tenants, who pay a portion of the rent based on their financial capabilities, as determined by the HUD. The organization's primary goal is to ensure that affordable housing remains accessible to those who need it most. By doing so, it contributes to the well-being and stability of low-income individuals and families, thereby promoting social equity. The project's operation ensures that the cost of housing remains within reach for those who are economically disadvantaged, thereby alleviating the burden of exorbitant housing expenses.
Who is the CEO of Westhaven Of Englewood Ltd?
Edward Shepherd is the President of Westhaven Of Englewood Ltd.
What is the revenue of Westhaven Of Englewood Ltd?
Westhaven Of Englewood Ltd's revenue in 2023 was $1,091,419.
Who are the executives of Westhaven Of Englewood Ltd and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Westhaven Of Englewood Ltd?
Westhaven Of Englewood Ltd's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Westhaven Of Englewood Ltd
Westhaven of Englewood Ltd is committed to providing affordable housing for individuals with low income. This nonprofit organization's mission is centered around offering housing solutions to eligible tenants, ensuring that they pay a proportion of the rent based on their financial capabilities, as determined by the U.S. Department of Housing and Urban Development (HUD). By doing so, Westhaven of Englewood Ltd plays a significant role in making housing more accessible to those who might otherwise struggle to secure decent and affordable living accommodations. The organization's mission is rooted in the belief that everyone deserves a place to call home, regardless of their financial situation.
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Impact
October, 2024
Westhaven Of Englewood Ltd plays a crucial role in addressing the housing needs of low-income individuals and families by providing affordable housing options in Tinley Park, IL. The organization ensures that eligible tenants can secure a stable living environment without the prohibitive costs often associated with housing. By allowing tenants to pay a portion of their rent based on their ability to pay—determined in accordance with HUD guidelines—Westhaven fosters economic stability and enhances the quality of life for its residents.
This initiative not only alleviates the burden of high rental costs for those in need but also promotes community integration and fosters a sense of belonging among tenants. Furthermore, by facilitating affordable housing, Westhaven contributes to wider social benefits, such as reduced homelessness and improved health outcomes, as stable housing is a foundational element for well-being. Overall, Westhaven Of Englewood Ltd significantly impacts the lives of low-income tenants and strengthens the fabric of the community in Tinley Park.
This information is meant to be a general summary of Westhaven Of Englewood Ltd. 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 2023.
- Investment Income: $73
- Program Service Revenue: $1,091,346
- Gross Receipts: $1,091,419
Assets and Liabilities:
- Total Assets: $2,524,021
- Total Liabilities: $184,735
- Net Assets: $2,339,286
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT RENTAL INCOME
Revenue
$199,998
LAUNDRY AND VENDING
Revenue
$2,109
TENANT ASSISTANCE PMTS
Revenue
$888,792
TENANT CHARGES
Revenue
$447
Organization Details
Founding Year
1993
Phone
(708) 444-4942Principal Officer
Edward Shepherd
Main Address
8201 W 183RD STREET - SUITE K, TINLEY PARK, IL, 60487
NTEE Category
Code: P75Z - Human services
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