Overview
What is Us Mcleod Hdfc?
Us Mcleod HDFC is a nonprofit organization, specifically a charitable not-for-profit corporation, with a mission dedicated to serving individuals of low income. Their primary focus is on the development and operation of a housing project, aiming to provide suitable living spaces for this demographic. The organization is committed to this mission, ensuring that it operates exclusively for this purpose.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating
Us Mcleod Hdfc has received a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and finance management. The organization scores particularly well in areas related to governance and oversight, achieving perfect scores in aspects such as independent board membership and the presence of essential policies, including conflict of interest and whistleblower policies.
The financial health of Us Mcleod Hdfc is also commendable, with a program expense ratio of 89.33%, demonstrating a strong commitment to directing funds towards its mission. The organization has no reported issues regarding the diversion of assets, marking it as a trustworthy entity in the nonprofit sector.
While the overall score is calculated from a single beacon score, the details suggest a well-managed organization that prioritizes transparency and effective governance. However, the lack of additional performance metrics may limit a comprehensive evaluation of its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Us Mcleod Hdfc legitimate?
Us Mcleod Hdfc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Us Mcleod Hdfc 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: $231,478
For more financial information, click here
What is the mission statement of Us Mcleod Hdfc?
Us Mcleod HDFC, as a charitable organization, is dedicated exclusively to the development and operation of a housing project aimed at serving individuals with low income. Their mission is to provide an affordable living solution for these individuals, ensuring they have access to a decent place to call home. The corporation's activities are centered around this objective, striving to make a positive impact on the lives of those in need.
Who is the CEO of Us Mcleod Hdfc?
Pelham Bollers is the Executive Director of Us Mcleod Hdfc.
What is the revenue of Us Mcleod Hdfc?
Us Mcleod Hdfc's revenue in 2022 was $1,454,276.
Who are the executives of Us Mcleod Hdfc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Us Mcleod Hdfc?
Us Mcleod Hdfc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Us Mcleod Hdfc
Us Mcleod HDFC, as a charitable not-for-profit corporation, is dedicated to a noble mission. This organization is exclusively organized to develop and operate a housing project, catering to individuals who fall under the category of low income. Its primary objective is to provide a suitable living environment for these individuals, ensuring they have access to decent housing. By doing so, Us Mcleod HDFC aims to contribute positively to their overall well-being and quality of life.
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Impact
July, 2024
Us Mcleod Hdfc's impact is in providing housing solutions for low-income individuals in Brooklyn, NY. Their mission focuses on developing and operating a housing project specifically tailored for Persons Of Low Income. This initiative helps address the housing needs of a marginalized community, offering them a safe and affordable place to call home. Through their work, Us Mcleod Hdfc is making a significant difference in improving the living conditions and stability of low-income residents in Brooklyn.
This information is meant to be a general summary of Us Mcleod Hdfc. 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.
- Program Service Revenue: $1,247,174
- Gross Receipts: $1,454,276
Assets and Liabilities:
- Total Assets: $8,154,687
- Total Liabilities: $10,481,900
- Net Assets: -$2,327,213
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL RENTAL INC
Revenue
$1,247,174
Organization Details
Founding Year
2015
Principal Officer
Pelham Bollers
Main Address
294 Sumpter Street, Brooklyn, NY, 11233
NTEE Category
Code: L20 - Housing
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