Overview
What is Hayes Senior Housing Corporation?
Hayes Senior Housing Corporation is a nonprofit organization situated in Chicago, Illinois, specifically at 721 N La Salle St. Their primary focus is on providing housing and essential services to the elderly, aiming to cater to their physical, social, and emotional needs. The organization, with approximately 60 residents, operates Hayes Manor as one of its facilities. By offering accommodations and necessary support, Hayes Senior Housing Corporation seeks to enhance the quality of life for its elderly residents, promoting a sense of community and well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64%, Two-Star out of Four Star rating.
Hayes Senior Housing Corporation has received a Two-Star rating from Charity Navigator, reflecting a score of 64%. This rating indicates moderate performance in terms of accountability and financial health. While the organization has strong program expense ratios, indicating a significant portion of its budget goes towards programs, it struggles with governance aspects as evidenced by having no independent board members.
The nonprofit has demonstrated positive practices in several areas, including maintaining a conflict of interest policy, whistleblower protection, and proper documentation of board meeting minutes. However, it faces critical limitations such as missing a publicly accessible website and failing to provide its tax form online. These deficiencies hinder transparency and might raise concerns among potential donors.
Additionally, the organization's liabilities to assets ratio shows a concerning level of liabilities, which could impact its financial stability. While the absence of material asset diversion is a positive aspect, the overall lack of independent oversight and transparency issues may affect donor confidence and the organization’s reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Hayes Senior Housing Corporation legitimate?
Hayes Senior Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hayes Senior Housing Corporation 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: $169,331
For more financial information, click here
What is the mission statement of Hayes Senior Housing Corporation?
Hayes Senior Housing Corporation is dedicated to catering to the needs of the elderly, encompassing their physical, social, and psychological well-being. By offering housing solutions, this organization aims to create an environment that fosters their overall well-being. The corporation's mission is to provide comprehensive services that address the various facets of senior living, ensuring their residents lead fulfilling lives. At Hayes Manor, approximately 60 elderly individuals find a home within this supportive community.
Who is the CEO of Hayes Senior Housing Corporation?
Elida Hernandez is the Chairman of Hayes Senior Housing Corporation.
What is the revenue of Hayes Senior Housing Corporation?
Hayes Senior Housing Corporation's revenue in 2023 was $1,067,223.
Who are the executives of Hayes Senior Housing Corporation and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $255,227
- Other: $40,428
- Compensation: $0
- Related: $227,328
- Other: $23,839
- Compensation: $0
- Related: $137,144
- Other: $49,028
- Compensation: $0
- Related: $146,128
- Other: $36,319
- Compensation: $0
- Related: $122,439
- Other: $9,518
- Compensation: $0
- Related: $104,894
- Other: $17,523
- Compensation: $0
- Related: $92,738
- Other: $20,249
- Compensation: $0
- Related: $69,813
- Other: $29,271
Where can I find the form 990 for Hayes Senior Housing Corporation?
Hayes Senior Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hayes Senior Housing Corporation
Hayes Senior Housing Corporation, a nonprofit organization, is dedicated to catering to the needs of the elderly. Their mission is to provide housing that addresses both the physical and psychological well-being of senior citizens. This encompasses not only providing a place to live but also addressing their social needs. The corporation aims to create an environment that fosters a sense of community and social interaction, ensuring that the elderly feel supported and cared for. Hayes Manor, a facility operated by Hayes Senior Housing Corporation, houses approximately 60 residents, providing them with a home where their physical, social, and psycho-social needs are met.
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Impact
October, 2024
Hayes Senior Housing Corporation significantly impacts the lives of elderly individuals by providing essential housing and support services tailored to their unique needs. By housing approximately 60 residents at Hayes Manor in Chicago, the organization creates a nurturing environment that addresses physical, social, and psycho-social requirements. This holistic approach not only ensures safe and comfortable living conditions but also fosters a sense of community among residents. The services offered help combat social isolation, promote engagement, and enhance the overall well-being of the elderly population, making a profound difference in their daily lives.
This information is meant to be a general summary of Hayes Senior Housing Corporation. 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: $1,170
- Program Service Revenue: $1,055,188
- Gross Receipts: $1,067,223
Assets and Liabilities:
- Total Assets: $2,888,053
- Total Liabilities: $2,141,481
- Net Assets: $746,572
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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
$888,132
Resident Rental Fees
Revenue
$167,056
Organization Details
Founding Year
1990
Phone
(312) 655-7000Principal Officer
Elida Hernandez
Main Address
721 N La Salle St, Chicago, IL, 60654
NTEE Category
Code: L22 - Housing
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