Overview
What is Nelson Hall Homes?
Nelson Hall Homes is a nonprofit organization situated in Fort Smith, Arkansas. Their primary mission is to provide affordable housing for the elderly and disabled community, ensuring they have a secure living environment. They offer essential services within their facilities, contributing positively to the well-being of this specific population group.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating. This score reflects a strong performance in Accountability & Finance, indicating that Nelson Hall Homes is effectively managing its resources and adhering to financial best practices. The organization has achieved a high level of transparency and accountability, which is crucial for building trust with donors and stakeholders.
The organization boasts an entirely independent board with a majority of independent members, scoring well in governance measures. Key strengths include a perfect program expense ratio of 100%, indicating that all its expenses are directed towards its programs. Furthermore, there are no material diversions of assets, showcasing sound financial management.
While the overall score is impressive, it's important for potential donors to consider that the rating is solely based on accountability and finance metrics. Additional information on program effectiveness and community impact could provide a more rounded perspective on the organization's overall performance and contributions to the community.
This AI summary has been generated from information found on Charity Navigator.
Is Nelson Hall Homes legitimate?
Nelson Hall Homes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nelson Hall Homes 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 Nelson Hall Homes?
Nelson Hall Homes is committed to providing low-income housing for the elderly and disabled. Their mission encompasses offering a living space that caters to individuals who may be financially disadvantaged and require specialized care due to age or disability. By providing such housing, Nelson Hall Homes aims to contribute to the well-being and independence of these individuals, ensuring they can live with dignity and comfort. The organization's focus on low-income housing for the elderly and disabled signifies its dedication to supporting vulnerable populations and promoting social equity.
Who is the CEO of Nelson Hall Homes?
Mitchell Minnick is the Chairman of Nelson Hall Homes.
What is the revenue of Nelson Hall Homes?
Nelson Hall Homes's revenue in 2022 was $1,810,852.
Who are the executives of Nelson Hall Homes and what are their salaries?
Here are 6 key members and their salaries:
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- Related: $151,976
- Other: $20,514
Where can I find the form 990 for Nelson Hall Homes?
Nelson Hall Homes's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nelson Hall Homes
Nelson Hall Homes, as a nonprofit organization, is committed to providing low-income housing for the elderly and disabled individuals. With a focus on this specific demographic, the organization strives to create an inclusive living environment that caters to their unique needs. By offering low-income housing, Nelson Hall Homes aims to ensure that these individuals have access to a safe and comfortable living space, which is essential for their well-being. This mission is carried out with dedication and a deep sense of responsibility, making a significant difference in the lives of those who require such support.
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Impact
July, 2024
Nelson Hall Homes provides essential low-income housing for the elderly and disabled in Fort Smith, Arkansas. This organization plays a crucial role in ensuring that vulnerable populations have access to safe and affordable housing, which is a fundamental need for overall well-being and quality of life. By offering this support, Nelson Hall Homes positively impacts the lives of the elderly and disabled individuals in the community, helping them maintain their independence and dignity. Through its dedicated mission, Nelson Hall Homes contributes to creating a more inclusive and caring society for those who are most in need.
This information is meant to be a general summary of Nelson Hall Homes. 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: $2,265
- Program Service Revenue: $932,212
- Gross Receipts: $1,810,852
Assets and Liabilities:
- Total Assets: $6,479,133
- Total Liabilities: $142,993
- Net Assets: $6,336,140
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT REVENUE
Revenue
$761,498
TENANT OTHER REVENUE
Revenue
$156,089
MISCELLANEOUS INCOME
Revenue
$14,625
Organization Details
Founding Year
2014
Principal Officer
Mitchell Minnick
Main Address
2100 N 31ST STREET, FORT SMITH, AR, 729046140
NTEE Category
Code: L20 - Housing
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