Overview
What is Hancock Residential Centernon-Profit Housing Corporation Inc?
Hancock Residential Center Non-Profit Housing Corporation is a non-profit organization situated in Detroit, Michigan. Their primary mission is to offer housing solutions for individuals with developmental disabilities, providing them with a safe and supportive living environment in a residential, custodial care setting, often known as group homes. The organization's goal is to enhance the quality of life for these individuals, ensuring they have a place to call home.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
Hancock Residential Center Non-Profit Housing Corporation Inc received a one-star rating from Charity Navigator, indicating significant concerns regarding its overall effectiveness and financial health. While the organization does have a fully independent board and a solid audit and oversight structure, its low accountability and finance score suggests deficiencies in financial management and transparency.
The charity has performed well in areas such as having a conflict of interest policy and a whistleblower policy, which are crucial for governance. However, a critical issue highlighted is the lack of a posted tax form on their website, which affects their transparency with the public. Furthermore, the organization's program expense ratio is very low at 6.38%, indicating that a minimal portion of its resources is directed towards its programs, raising questions about its operational efficiency.
Overall, while Hancock Residential Center has some strengths in governance practices, the low program expense ratio and issues with transparency are serious concerns that potential donors and supporters should consider. The overall rating underscores the need for the organization to improve its financial practices and enhance its commitment to service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Hancock Residential Centernon-Profit Housing Corporation Inc legitimate?
Hancock Residential Centernon-Profit Housing Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hancock Residential Centernon-Profit Housing Corporation 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: $670,842
For more financial information, click here
What is the mission statement of Hancock Residential Centernon-Profit Housing Corporation Inc?
Hancock Residential Center Non-Profit Housing Corporation's mission is centered around providing housing for individuals with developmental disabilities. In this capacity, they offer a residential, custodial care setting, such as group homes, to cater to their needs. The organization's primary goal is to ensure that these individuals have a suitable living environment, thereby enhancing their quality of life. By providing housing, they aim to foster an environment that promotes independence, dignity, and inclusivity for these individuals. While the corporation does not explicitly mention advocacy or research as part of its mission, it is implicit in their commitment to providing a supportive living environment for those with developmental disabilities.
Who is the CEO of Hancock Residential Centernon-Profit Housing Corporation Inc?
Alicia Mitchell is the Board President of Hancock Residential Centernon-Profit Housing Corporation Inc.
What is the revenue of Hancock Residential Centernon-Profit Housing Corporation Inc?
Hancock Residential Centernon-Profit Housing Corporation Inc's revenue in 2022 was $1,209,146.
Who are the executives of Hancock Residential Centernon-Profit Housing Corporation Inc and what are their salaries?
The average compensation at Hancock Residential Centernon-Profit Housing Corporation Inc during 2022 was $55,904. There are 12 employees at Hancock Residential Centernon-Profit Housing Corporation Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Hancock Residential Centernon-Profit Housing Corporation Inc?
Hancock Residential Centernon-Profit Housing Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hancock Residential Centernon-Profit Housing Corporation Inc
Hancock Residential Center Non-Profit Housing Corporation is committed to providing housing for individuals with developmental disabilities. This organization's mission is to offer a residential, custodial care setting, known as a group home, to cater to the unique needs of these individuals. By doing so, Hancock Residential Center aims to provide a safe and supportive living environment, enabling these individuals to lead fulfilling lives with dignity and independence. The organization's primary focus is on delivering housing solutions that cater to the specific needs of individuals with developmental disabilities, ensuring they receive the care and assistance they require to thrive.
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Impact
July, 2024
Hancock Residential Center provides crucial housing support to developmentally disabled individuals in Detroit, MI. By offering a residential, custodial care setting, this organization plays a vital role in improving the quality of life for these individuals. Their impact can be seen in the improved living conditions, support services, and sense of community they provide to those in need. Through their mission of providing housing to developmentally disabled individuals, Hancock Residential Center is making a significant difference in the lives of vulnerable populations in Detroit.
This information is meant to be a general summary of Hancock Residential Centernon-Profit Housing Corporation 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.
- Program Service Revenue: $1,036,801
- Gross Receipts: $1,209,146
Assets and Liabilities:
- Total Assets: $3,387,911
- Total Liabilities: $3,280,340
- Net Assets: $107,571
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Detroit Wayne County/MHSDA
Revenue
$1,036,801
Organization Details
Founding Year
1978
Phone
(810) 650-1929Principal Officer
Alicia Mitchell
Main Address
801 W Willis, Detroit, MI, 482011201
NTEE Category
Code: L21 - Housing
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