Overview
What is Goose Ii Housing Development Fund Company Inc?
Goose Ii Housing Development Fund Company Inc, located in Rochester, New York, is a nonprofit organization dedicated to developing and managing a residential housing facility for elderly individuals. With a focus on Section 202 of the National Affordable Housing Act, they aim to provide housing for 20 elderly clients, ensuring their comfort and well-being. The organization is committed to overseeing this project, ensuring it meets the needs of its elderly residents.
Official website here: www.ulr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating.
Goose Ii Housing Development Fund Company Inc has received a solid rating, indicating a good level of accountability and financial health. The organization boasts a high independence among board members, with 66% being independent, and demonstrates strong adherence to best practices through comprehensive policies such as conflict of interest and document retention. Notably, it has not faced any material diversion of assets, reflecting its commitment to integrity.
The nonprofit's financial efficiency is further highlighted by a program expense ratio of 73.50%, which suggests that a significant portion of its resources is directed towards its programs rather than administrative costs. Additionally, the liabilities to assets ratio at 3.24% indicates that the organization operates with a manageable level of debt, further enhancing its financial stability.
Despite these strengths, the three-star rating signifies that while the organization performs well, there may be areas for improvement that could elevate its impact even further. Overall, Goose Ii Housing Development Fund Company Inc demonstrates a reliable approach to its mission, with strong accountability measures in place.
This AI summary has been generated from information found on Charity Navigator.
Is Goose Ii Housing Development Fund Company Inc legitimate?
Goose Ii Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goose Ii Housing Development Fund Company 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: $27,770
For more financial information, click here
Official website here: www.ulr.org
What is the mission statement of Goose Ii Housing Development Fund Company Inc?
Goose Ii Housing Development Fund Company Inc is dedicated to developing and managing a housing project for elderly individuals, in accordance with Section 202 of the National Affordable Housing Act. Their mission involves the creation and operation of a residential facility, providing housing for up to 20 elderly persons. This organization aims to contribute to the well-being of the elderly population by offering a suitable living space. Their project is designed to meet the housing needs of this demographic, providing them with a secure and comfortable environment.
Official website here: www.ulr.org
Who is the CEO of Goose Ii Housing Development Fund Company Inc?
Seanelle Hawkins is the Chair Person of Goose Ii Housing Development Fund Company Inc. The CEO's salary of Goose Ii Housing Development Fund Company Inc is $0 and their total compensation is $165,952.
Official website here: www.ulr.org
What is the revenue of Goose Ii Housing Development Fund Company Inc?
Goose Ii Housing Development Fund Company Inc's revenue in 2022 was $103,758.
Official website here: www.ulr.org
Who are the executives of Goose Ii Housing Development Fund Company Inc and what are their salaries?
There 2 volunteers at Goose Ii Housing Development Fund Company Inc.
Here are 5 key members and their salaries (Goose Ii Housing Development Fund Company Inc's CEO's salary is $0 and their total compensation is $165,952):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $34,745
- Other: $3,178
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $153,247
- Other: $12,705
- Compensation: $0
- Related: $40,680
- Other: $1,273
Official website here: www.ulr.org
Where can I find the form 990 for Goose Ii Housing Development Fund Company Inc?
Goose Ii Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ulr.org
Learn more at the official website: www.ulr.org
Mission Statement of Goose Ii Housing Development Fund Company Inc
Goose II Housing Development Fund Company Inc is dedicated to a significant mission. This organization focuses on developing and operating a housing project specifically designed for elderly individuals, in adherence to Section 202 of the National Affordable Housing Act. Their primary goal is to provide a secure living environment for elderly persons, serving a total of 20 clients through a 20-unit residential facility. By overseeing this project, Goose II Housing Development Fund Company Inc contributes to the well-being and comfort of the elderly community, ensuring they can live with dignity and independence.
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Impact
October, 2024
Goose II Housing Development Fund Company Inc significantly impacts the community by providing essential housing for elderly individuals in Rochester, NY. By developing and operating a 20-unit residential facility, the organization addresses the pressing need for affordable and accessible housing options under Section 202 of the National Affordable Housing Act. This dedicated effort ensures that 20 elderly clients have a safe and supportive living environment, enhancing their quality of life and fostering community connections. The initiative not only fills a critical gap in housing for seniors but also promotes independence and well-being among older residents, contributing positively to the overall fabric of the community.
This information is meant to be a general summary of Goose Ii Housing Development Fund Company 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: $8
- Program Service Revenue: $52,425
- Gross Receipts: $103,758
Assets and Liabilities:
- Total Assets: $2,408,575
- Total Liabilities: $44,178
- Net Assets: $2,364,397
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RENTAL INCOME
Revenue
$52,425
Organization Details
Founding Year
2012
Phone
(585) 325-6530Principal Officer
Seanelle Hawkins
Main Address
312 STATE STREET, ROCHESTER, NY, 14608
Website
www.ulr.orgNTEE Category
Code: L21 - Housing
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