Overview
What is Clair House Nfp Inc?
Clair House Nfp Inc is a nonprofit organization situated in Chicago, Illinois. Their primary mission is to provide a residential rental facility for low-income elderly citizens, extending support to disadvantaged households by offering 67 housing units. The project, sponsored by Clair Christian United Methodist Church, aims to contribute positively to the community by addressing the housing needs of the elderly population. The organization is staffed by a small team of five individuals.
Official website here: www.clairhouseseniorapts.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating.
Clair House Nfp Inc has achieved a solid score of 81%, indicating a strong performance primarily in accountability and finance. This rating reflects the organization’s commitment to transparency and sound financial management, as evidenced by a perfect score for its independent board composition and robust audit practices.
The charity's financial health is particularly commendable, with an impressive program expense ratio of 94.20%. This suggests that a significant majority of its resources are directed towards fulfilling its mission rather than administrative costs. Additionally, the presence of comprehensive governance policies further underscores the organization's dedication to ethical practices.
While the rating is favorable, potential donors may still want to consider how Clair House Nfp Inc performs in areas beyond financial accountability, such as program impact and community engagement. Overall, the organization demonstrates a strong level of accountability and responsible management of its resources.
This AI summary has been generated from information found on Charity Navigator.
Is Clair House Nfp Inc legitimate?
Clair House Nfp Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clair House Nfp 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: $153,199
For more financial information, click here
Official website here: www.clairhouseseniorapts.com
What is the mission statement of Clair House Nfp Inc?
Clair House NFP Inc, as a nonprofit organization, is committed to providing a residential rental facility for very low-income elderly citizens. The corporation operates an apartment complex, housing disadvantaged elderly individuals in need. Its mission is centered around offering a living space for this specific demographic, thereby contributing to their well-being and ensuring they have a place to call home. The sponsor of this project is Clair Christian United Methodist Church, an exempt organization that supports this cause.
Official website here: www.clairhouseseniorapts.com
Who is the CEO of Clair House Nfp Inc?
Richard Mosley is the Board Member of Clair House Nfp Inc.
Official website here: www.clairhouseseniorapts.com
What is the revenue of Clair House Nfp Inc?
Clair House Nfp Inc's revenue in 2022 was $1,114,859.
Official website here: www.clairhouseseniorapts.com
Who are the executives of Clair House Nfp Inc and what are their salaries?
The average compensation at Clair House Nfp Inc during 2022 was $30,640. There are 5 employees at Clair House Nfp Inc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.clairhouseseniorapts.com
Where can I find the form 990 for Clair House Nfp Inc?
Clair House Nfp Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.clairhouseseniorapts.com
Learn more at the official website: www.clairhouseseniorapts.com
Mission Statement of Clair House Nfp Inc
Clair House NFP Inc, a nonprofit organization, is dedicated to providing a residential rental facility for very low-income elderly citizens. Their mission is to offer a secure living space for those who are financially disadvantaged in their golden years. The organization operates an apartment complex, housing 67 units, which are occupied by eligible households. This project, spearheaded by Clair Christian United Methodist Church, an exempt organization, is committed to alleviating the housing challenges faced by the elderly population with limited resources.
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Impact
October, 2024
Clair House Nfp Inc significantly impacts the community by offering essential housing solutions for low-income elderly citizens in Chicago. It operates an apartment complex that provides 67 units specifically designed to meet the needs of disadvantaged households, facilitating a safe and supportive living environment for those who may struggle to find affordable housing options.
By ensuring access to stable housing, Clair House enables elderly residents to maintain their dignity and independence. The project fosters a sense of community among tenants, promoting social connections and enhancing the quality of life for individuals who often face isolation. The support provided through this initiative not only addresses immediate housing needs but also contributes to the overall well-being and integration of elderly citizens into the fabric of the community.
Sponsored by Clair Christian United Methodist Church, Clair House embodies a commitment to serving vulnerable populations, creating a vital resource that uplifts and empowers low-income elderly residents in Chicago.
This information is meant to be a general summary of Clair House Nfp 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: $136
- Program Service Revenue: $1,109,575
- Gross Receipts: $1,114,859
Assets and Liabilities:
- Total Assets: $4,426,850
- Total Liabilities: $6,034,260
- Net Assets: -$1,607,410
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REAL ESTATE
Revenue
$1,109,575
Organization Details
Founding Year
2000
Phone
(312) 346-9766Principal Officer
Richard Mosley
Main Address
1350 S HARDING AVENUE, CHICAGO, IL, 60623
Website
www.clairhouseseniorapts.comNTEE Category
Code: L21 - Housing
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