Overview
What is Casa & Clinton Housing Development Fund Corporation?
Casa & Clinton Housing Development Fund Corporation is a nonprofit organization situated in the Bronx, New York. Their primary mission is to offer affordable housing solutions to the city's low-income residents, specifically in the South Bronx area. They are dedicated to providing clean, budget-friendly accommodations within their community, aiming to contribute positively to the local housing landscape.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Casa & Clinton Housing Development Fund Corporation has received a score of 76%, reflecting a solid performance in accountability and finance. This rating is derived entirely from a single beacon score, showcasing the organization’s commitment to transparency and good governance practices, such as having a fully independent board and comprehensive financial oversight.
Strengths of the organization include its high marks in governance, with 100% of board members being independent, and robust financial practices, including the absence of any material diversion of assets. The charity also has well-defined policies such as conflict of interest and whistleblower protections, which contribute positively to its accountability framework.
However, while the program expense ratio stands at a respectable 67.29%, indicating a significant portion of funds directed towards programs, it suggests there may be areas for improvement in maximizing program impact. Additionally, salaries of key personnel are relatively high, which could raise questions about resource allocation. Overall, Casa & Clinton Housing Development Fund Corporation demonstrates a strong commitment to effective governance and financial responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Casa & Clinton Housing Development Fund Corporation legitimate?
Casa & Clinton Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Casa & Clinton Housing Development Fund 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: $0
For more financial information, click here
What is the mission statement of Casa & Clinton Housing Development Fund Corporation?
The Casa & Clinton Housing Development Fund Corporation is committed to providing a vital service. Their mission is to offer affordable housing to individuals with low income, residing in the Bronx area. This organization strives to ensure that clean, affordable housing is accessible to those in need, thereby contributing to a more equitable living situation for these individuals. By providing housing, they aim to enhance the living conditions and overall well-being of their residents. The primary goal of Casa & Clinton Housing Development Fund Corporation is to make housing a less burdensome expense for those with limited financial resources.
Who is the CEO of Casa & Clinton Housing Development Fund Corporation?
Debbian Fletcher-Blake is the Director of Casa & Clinton Housing Development Fund Corporation. The CEO's salary of Casa & Clinton Housing Development Fund Corporation is $0 and their total compensation is $376,981.
What is the revenue of Casa & Clinton Housing Development Fund Corporation?
Casa & Clinton Housing Development Fund Corporation's revenue in 2022 was $1,208,632.
Who are the executives of Casa & Clinton Housing Development Fund Corporation and what are their salaries?
There 6 volunteers at Casa & Clinton Housing Development Fund Corporation.
Here are 8 key members and their salaries (Casa & Clinton Housing Development Fund Corporation's CEO's salary is $0 and their total compensation is $376,981):
- Compensation: $0
- Related: $0
- Other: $0
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- 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: $345,130
- Other: $31,851
- Compensation: $0
- Related: $237,804
- Other: $27,026
Where can I find the form 990 for Casa & Clinton Housing Development Fund Corporation?
Casa & Clinton Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Casa & Clinton Housing Development Fund Corporation
Casa & Clinton Housing Development Fund Corporation is dedicated to providing a crucial service in the realm of affordable housing. Their mission, in simple terms, is to offer clean and affordable living spaces to low-income residents. This nonprofit organization is committed to making a significant impact in the lives of those who may otherwise struggle to secure adequate housing. By doing so, they are contributing to a more equitable society where everyone has a chance to thrive, regardless of their financial circumstances. The work of Casa & Clinton Housing Development Fund Corporation plays a vital role in ensuring that basic needs are met, allowing individuals to focus on other aspects of their lives, such as education, employment, and personal growth.
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Impact
July, 2024
The impact of Casa & Clinton Housing Development Fund Corporation is significant in providing clean, affordable housing to low-income residents in the South Bronx, NY. By fulfilling their mission of offering affordable housing options, they contribute to addressing the housing needs of individuals and families in a high-cost housing market. Their work helps improve living conditions for low-income residents, giving them stability and a sense of security in their homes. This, in turn, contributes to building stronger communities and promoting overall well-being among those they serve.
This information is meant to be a general summary of Casa & Clinton Housing Development Fund 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: $7,200
- Program Service Revenue: $945,639
- Gross Receipts: $1,208,632
Assets and Liabilities:
- Total Assets: $5,543,171
- Total Liabilities: $5,734,985
- Net Assets: -$191,814
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$945,639
Organization Details
Founding Year
2013
Phone
(718) 583-5150Principal Officer
Debbian Fletcher-Blake
Main Address
770 EAST 176 ST, BRONX, NY, 10460
NTEE Category
Code: L20 - Housing
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