Overview
What is Centennial Housing Corporation?
Centennial Housing Corporation is a nonprofit organization committed to offering housing facilities and services tailored to the unique needs of elderly individuals and those with disabilities. Their mission is to enhance their physical, social, and psychological well-being, contributing to their health, security, happiness, and overall usefulness in their lives. The services provided are offered on a nonprofit basis, ensuring affordable costs for the beneficiaries. The main objective is to create an environment that supports and empowers these individuals to live longer, more fulfilling lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 64%)
Centennial Housing Corporation has received a two-star rating from Charity Navigator, indicating that the organization requires improvement in its accountability and financial practices. While the organization has a strong board composition with 100% independent members and a high program expense ratio of 75.22%, it lacks transparency in financial reporting, as evidenced by missing financial statements and tax forms on its website.
The organization does have several positive policies in place, such as a conflict of interest policy, a whistleblower policy, and document retention practices, all of which scored well. However, the absence of critical financial documentation significantly affects its overall score. Additionally, the liabilities to assets ratio of 143.13% raises concerns about financial health, implying potential financial strain.
Overall, while Centennial Housing Corporation shows strengths in governance and program spending, the noted deficiencies in financial transparency and reporting are areas that need attention for the organization to improve its standing and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Centennial Housing Corporation legitimate?
Centennial Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Centennial 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: $216,520
For more financial information, click here
What is the mission statement of Centennial Housing Corporation?
The Centennial Housing Corporation's mission is centered around providing housing facilities and services for elderly individuals and those with disabilities. These facilities and services are designed to cater to their physical, social, and psychological needs, aiming to enhance their health, security, happiness, and overall usefulness in prolonged living. The cost of these facilities and services is maintained on a non-profit basis, ensuring affordability for those in need.
Who is the CEO of Centennial Housing Corporation?
Rev Derrick Perkins is the President of Centennial Housing Corporation.
What is the revenue of Centennial Housing Corporation?
Centennial Housing Corporation's revenue in 2022 was $800,072.
Who are the executives of Centennial Housing Corporation and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Centennial Housing Corporation?
Centennial Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Centennial Housing Corporation
Centennial Housing Corporation, as a nonprofit organization, is dedicated to providing housing facilities and services tailored to meet the unique needs of the elderly and individuals with disabilities. Their mission is to promote the health, security, happiness, and usefulness of these individuals in their later years, enabling them to live longer with dignity and independence. The corporation designs its facilities and services to address the physical, social, and psychological needs of its residents, ensuring their overall well-being and contentment. The costs for these services and facilities are maintained on a nonprofit basis, making them accessible and affordable for those in need.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Centennial Housing Corporation's impact lies in providing housing facilities and services tailored to meet the physical, social, and psychological needs of elderly individuals and those with disabilities. By promoting health, security, happiness, and usefulness in longer living, Centennial Housing Corporation strives to enhance the quality of life for this demographic segment. Operating on a nonprofit basis, the organization's services are charged based on the provision, maintenance, and operation of these facilities and services. Located in St. Louis, Missouri, Centennial Housing Corporation is dedicated to supporting vulnerable populations in accessing safe and supportive housing options.
This information is meant to be a general summary of Centennial 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: $1,891
- Program Service Revenue: $795,693
- Gross Receipts: $800,072
Assets and Liabilities:
- Total Assets: $1,821,187
- Total Liabilities: $2,684,852
- Net Assets: -$863,665
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rents
Revenue
$785,180
CSFP
Revenue
$10,513
Organization Details
Founding Year
1986
Phone
(314) 553-0550Principal Officer
Rev Derrick Perkins
Main Address
4115 McPherson Ave, St Louis, MO, 631083102
NTEE Category
Code: L21 - Housing
If you are a representative of Centennial 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.