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House Of David Preservation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 463631230 ✦ Kansas city, MO ✦ Designated as a 501(c)(3)

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Overview

What is House Of David Preservation Inc?

House of David Preservation Inc, based in Kansas City, Missouri, is a nonprofit organization dedicated to offering affordable housing solutions for the elderly, disabled, and low-income individuals and families. With a team of 28 employees, this organization operates under Section 8, Section 202, and Section 811 of the National Housing Act. Their primary mission is to provide a secure living environment for those in need, aiming to enhance the quality of life for these communities.


Official website here: www.houseofdavidpreservation.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 58%, One-Star out of Four Star Rating**

House of David Preservation Inc has received a low rating from Charity Navigator, primarily due to a lack of financial transparency. While the organization boasts a high score for Accountability and Finance, it is heavily penalized for not providing essential financial statements, which raises concerns about its overall financial health and governance practices. The organization does, however, demonstrate some positive governance features, such as having a majority of independent board members and implementing essential policies like conflict of interest and whistleblower protections.

User reviews from GreatNonprofits could not be fetched for analysis. As a result, public sentiment on the organization remains unclear and additional insights from individuals with direct experience are unavailable. Potential donors and volunteers are advised to consider the organization's financial practices critically and seek further information before getting involved.

Overall, prospective supporters should weigh the significant accountability strengths against the notable limitations in financial reporting when evaluating House of David Preservation Inc.


This AI summary has been generated from information found on Charity Navigator.

Is House Of David Preservation Inc legitimate?

House Of David Preservation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. House Of David Preservation 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: $31,154
Professional Fundraising Fees: $0
Other Salaries and Wages: $993,047

For more financial information, click here


Official website here: www.houseofdavidpreservation.org

What is the mission statement of House Of David Preservation Inc?

House of David Preservation Inc's mission is centered around providing affordable housing solutions. Specifically, they cater to the needs of elderly, disabled, and low-income individuals and families. They accomplish this through various housing programs, such as Section 8, Section 202, and Section 811 under the National Housing Act. Their primary goal is to ensure that these vulnerable groups have access to suitable and affordable living spaces.


Official website here: www.houseofdavidpreservation.org

Who is the CEO of House Of David Preservation Inc?

Rabbi Israel Wilhelm is the President of House Of David Preservation Inc.


Official website here: www.houseofdavidpreservation.org

What is the revenue of House Of David Preservation Inc?

House Of David Preservation Inc's revenue in 2022 was $10,935,797.


Official website here: www.houseofdavidpreservation.org

Who are the executives of House Of David Preservation Inc and what are their salaries?

The average compensation at House Of David Preservation Inc during 2022 was $36,579. There are 28 employees at House Of David Preservation Inc.


Here are 4 key members and their salaries:


Rabbi Israel Wilhelm (President)
  • Compensation: $22,154
  • Related: $0
  • Other: $0
Rabbi Abraham Lapine (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rabbi Levi Brook (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Schwimmer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.houseofdavidpreservation.org

Where can I find the form 990 for House Of David Preservation Inc?

House Of David Preservation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.houseofdavidpreservation.org

Learn more at the official website: www.houseofdavidpreservation.org

Mission Statement of House Of David Preservation Inc

House of David Preservation Inc, as a nonprofit organization, is dedicated to providing affordable housing solutions for the elderly, disabled, and low-income individuals and families. This mission is carried out through the implementation of various housing programs under Section 8, Section 202, and Section 811 of the National Housing Act. The organization's primary goal is to ensure that these vulnerable groups have access to suitable and affordable living spaces, thereby enhancing their quality of life. By providing housing options, House of David Preservation Inc plays a significant role in addressing the housing needs of these communities, thereby contributing to their overall well-being.

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Impact




July, 2024

House Of David Preservation Inc has a significant impact on the community by providing affordable housing for the elderly, disabled, and low-income individuals and families in Kansas City, MO. By offering housing under Section 8, Section 202, and Section 811 of the National Housing Act, the organization plays a vital role in ensuring that vulnerable populations have access to safe and affordable living arrangements. This helps to improve the quality of life for these individuals and contribute to overall community well-being.




This information is meant to be a general summary of House Of David Preservation 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.

Revenue
$10,935,797 (2022)
Expenses
$6,494,282 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $285,094
  • Program Service Revenue: $1,737,853
  • Gross Receipts: $10,935,797

Assets and Liabilities:

  • Total Assets: $50,434,803
  • Total Liabilities: $39,613,301
  • Net Assets: $10,821,502

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOW INCOME HOUSING RENTAL

Revenue

$1,737,853

Organization Details

Founding Year

2013

Principal Officer

Rabbi Israel Wilhelm

Main Address

2600 Swope Parkway, Kansas City, MO, 64130

NTEE Category

Code: L20 - Housing

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