Overview
What is East Detroit Area Non-Profit Housing Corporation?
The East Detroit Area Non-Profit Housing Corporation is a dedicated organization located in Farmington Hills, Michigan. Their primary mission is to provide affordable, low-income housing for elderly and handicapped individuals. They manage a 59-unit apartment complex in Detroit, Michigan, funded by the Federal Government under Section 202 of the National Housing Act. Regulated by the U.S. Department of Housing and Urban Development (HUD), the corporation ensures that rental charges and operational methods adhere to government standards. They receive additional support through rent supplements from the Federal Government under Section 202 of the National Housing Act, thereby providing a vital living space for those in need. The organization, known as Mcaulay Commons, is committed to enhancing the quality of life for its residents.
Official website here: www.trinityhealthseniorcommunities.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star Rating)
The East Detroit Area Non-Profit Housing Corporation (EDANPHC) has received an impressive Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. The overall score reflects a commitment to financial transparency and responsible management, with a perfect score in key areas such as independent board membership and thorough financial audits.
One of the organization's notable strengths is its governance structure, with 100% independent board members and a well-documented conflict of interest policy. Additionally, the EDANPHC demonstrates a robust program expense ratio of 76.73%, signifying that a significant portion of its expenditures goes directly toward its mission-driven programs.
While the organization excels in accountability, its liabilities to assets ratio stands at 52.76%, which is relatively healthy but suggests that the organization carries a moderate level of debt compared to its assets. Overall, the EDANPHC appears to function with integrity and transparency, making it a reliable choice for donors seeking to support housing-related initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is East Detroit Area Non-Profit Housing Corporation legitimate?
East Detroit Area Non-Profit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Detroit Area Non-Profit 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: $115,917
For more financial information, click here
Official website here: www.trinityhealthseniorcommunities.org
What is the mission statement of East Detroit Area Non-Profit Housing Corporation?
The East Detroit Area Non-Profit Housing Corporation's mission is centered around providing affordable housing for elderly and handicapped individuals. This non-profit organization manages a multi-family apartment complex, ensuring that rent is accessible for those in need. The corporation operates under Section 202 of the National Housing Act, with regulations by the U.S. Department of Housing and Urban Development. The project receives rental subsidies from the federal government through Section 202 of the National Housing Act. The organization's primary program involves Section 202 Capital Advance and Tenant Assistance Payments, aiming to make housing an attainable resource for its target demographic.
Official website here: www.trinityhealthseniorcommunities.org
Who is the CEO of East Detroit Area Non-Profit Housing Corporation?
Gilmary Bauer is the Dir:President:Chair;Secy of East Detroit Area Non-Profit Housing Corporation.
Official website here: www.trinityhealthseniorcommunities.org
What is the revenue of East Detroit Area Non-Profit Housing Corporation?
East Detroit Area Non-Profit Housing Corporation's revenue in 2022 was $576,372.
Official website here: www.trinityhealthseniorcommunities.org
Who are the executives of East Detroit Area Non-Profit Housing Corporation and what are their salaries?
There 7 volunteers at East Detroit Area Non-Profit Housing Corporation.
Here are 7 key members and their salaries:
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Official website here: www.trinityhealthseniorcommunities.org
Where can I find the form 990 for East Detroit Area Non-Profit Housing Corporation?
East Detroit Area Non-Profit Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.trinityhealthseniorcommunities.org
Learn more at the official website: www.trinityhealthseniorcommunities.org
Mission Statement of East Detroit Area Non-Profit Housing Corporation
East Detroit Area Non-Profit Housing Corporation is dedicated to providing affordable housing for elderly and handicapped individuals. This mission is carried out through the operation and management of a 59-unit multi-family apartment complex, known as the 'Project,' located in Detroit, Michigan. The organization adheres to Section 202 of the National Housing Act and is regulated by the U.S. Department of Housing and Urban Development (HUD) in terms of rental charges and operating methods. The Project receives rent supplements from the federal government under Section 202 of the National Housing Act. The corporation's primary program involves Section 202 Capital Advance and Tenant Assistance Payments, ensuring that low-income elderly and handicapped individuals can reside in a secure and supportive living environment.
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Impact
July, 2024
East Detroit Area Non-Profit Housing Corporation provides essential housing services for low-income elderly and handicapped individuals in Detroit, Michigan. By owning, operating, and managing a 59-unit multi-family apartment complex, the organization offers a stable and secure living environment for those in need. Through its adherence to regulations set by the U.S. Department of Housing and Urban Development (HUD), East Detroit Area Non-Profit Housing Corporation ensures that residents receive affordable housing options and necessary support. The organization's mission to provide low-income housing for vulnerable populations directly impacts the lives of individuals who may otherwise struggle to find suitable accommodation.
This information is meant to be a general summary of East Detroit Area Non-Profit 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 2022.
- Investment Income: $10
- Program Service Revenue: $216,252
- Gross Receipts: $576,372
Assets and Liabilities:
- Total Assets: $1,399,623
- Total Liabilities: $593,676
- Net Assets: $805,947
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT RENTAL
Revenue
$216,252
Organization Details
Founding Year
1992
Phone
(734) 343-6600Principal Officer
Gilmary Bauer
Main Address
PO BOX 9184, FARMINGTON HILLS, MI, 483339184
NTEE Category
Code: L21Z - Housing
If you are a representative of East Detroit Area Non-Profit Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.