Overview
What is Center Housing Iii Inc?
Center Housing III Inc, headquartered in St. Louis, Missouri, is a nonprofit organization that specializes in providing affordable housing for individuals undergoing rehabilitation from mental illness. Their primary mission is to offer low-income rental units, fostering an environment that supports their residents' recovery. The organization, known as Center III Apartments, strives to contribute positively to the well-being of its tenants, ensuring they have a stable and supportive living space during their rehabilitation journey.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Center Housing III Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The organization scored perfectly in several areas, such as having a fully independent board and no material diversion of assets. Their commitment to transparency is further highlighted by the presence of essential policies, including conflict of interest and whistleblower policies.
The nonprofit's financial health is robust, as indicated by a program expense ratio of 75.70%, which suggests a significant portion of its budget is directed towards its programs rather than overhead costs. Additionally, the liabilities to assets ratio of 35.13% indicates a solid balance sheet, minimizing financial risk and showcasing effective resource management.
While the organization demonstrates high standards in many aspects, there may be limitations in the scope of their programs or outreach that are not detailed in the rating. Overall, Center Housing III Inc is positioned as a reliable and well-managed nonprofit, making a positive impact in its area of focus.
This AI summary has been generated from information found on Charity Navigator.
Is Center Housing Iii Inc legitimate?
Center Housing Iii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center Housing Iii 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: $0
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What is the mission statement of Center Housing Iii Inc?
Center Housing III Inc. is dedicated to providing low-income rental housing for individuals undergoing rehabilitation from mental illness. Their mission is centered around offering a supportive living environment for these individuals during their recovery process. By doing so, they aim to contribute positively to their tenants' well-being, helping them regain their independence and integrate back into society. The organization's activities focus on providing affordable housing, ensuring a safe and nurturing living space for its residents.
Who is the CEO of Center Housing Iii Inc?
Matt Doyle is the President of Center Housing Iii Inc.
What is the revenue of Center Housing Iii Inc?
Center Housing Iii Inc's revenue in 2022 was $128,868.
Who are the executives of Center Housing Iii Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Center Housing Iii Inc?
Center Housing Iii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Center Housing Iii Inc
Center Housing III Inc, as its mission statement suggests, is dedicated to providing affordable rental housing for individuals who are in the process of recovering from mental illness. This nonprofit organization takes a proactive approach in supporting this vulnerable population, recognizing the importance of a stable living environment in the healing process. By offering low-income housing, Center Housing III Inc aims to provide a safe and nurturing space for these individuals, allowing them to focus on their recovery without the added stress of financial instability. The organization's mission is a testament to its commitment to improving the lives of those affected by mental illness, offering them a chance at a better future.
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Impact
October, 2024
Center Housing III Inc plays a crucial role in supporting individuals rehabilitating from mental illness by providing low-income rental housing. This effort helps create stable living conditions that are essential for recovery and reintegration into the community. By offering affordable housing options in St. Louis, Missouri, the organization addresses a significant barrier faced by many—access to safe and affordable living spaces.
The impact of Center Housing III Inc extends beyond merely providing shelter; it fosters an environment conducive to healing and personal growth. Individuals receiving this support have the opportunity to focus on their rehabilitation without the added stress of housing insecurity. This stability can lead to improved mental health outcomes, increased independence, and a greater sense of community belonging.
Moreover, by targeting the specific needs of those with mental health challenges, Center Housing III Inc contributes to reducing homelessness and promoting social inclusion. The organization's work not only uplifts individuals but also has a positive ripple effect within the broader St. Louis community, helping to build a more compassionate and supportive environment for all.
This information is meant to be a general summary of Center Housing Iii 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: $1,573
- Program Service Revenue: $119,895
- Gross Receipts: $128,868
Assets and Liabilities:
- Total Assets: $811,350
- Total Liabilities: $196,581
- Net Assets: $614,769
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$119,895
Organization Details
Founding Year
1990
Phone
(314) 533-4245Principal Officer
Matt Doyle
Main Address
4245 FOREST PARK BLVD, ST LOUIS, MO, 63108
NTEE Category
Code: P80Z - Human services
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