Overview
What is Cla Homes I Corp?
Cla Homes I Corp is a nonprofit organization dedicated to providing affordable housing for individuals with disabilities, as outlined under section 811 of the National Affordable Housing Act. Their mission is to ensure that housing is accessible and affordable for those who need it, enhancing their quality of life and promoting self-sufficiency. The organization operates under the principle of providing housing solutions that cater to the unique needs of people with disabilities, aiming to make a positive impact on their lives.
Official website here: www.cla-va.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Cla Homes I Corp has earned a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The organization demonstrates strong governance with a high percentage of independent board members and has effective policies in place regarding conflicts of interest and whistleblower protections. Additionally, it shows a commendable program expense ratio of 79.45%, suggesting that a significant portion of its resources is directed towards its programs.
Despite its strengths, Cla Homes I Corp does have some limitations. Notably, the organization does not provide minutes from board meetings, which could impact transparency and accountability. However, there are no reported material diversions of assets, and the liabilities to assets ratio is healthy at 12.49%, which indicates financial stability.
Overall, Cla Homes I Corp appears to operate effectively within its mission while maintaining a responsible approach to governance and finances, although improvements in transparency could enhance its accountability further.
This AI summary has been generated from information found on Charity Navigator.
Is Cla Homes I Corp legitimate?
Cla Homes I Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cla Homes I Corp 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
Official website here: www.cla-va.org
What is the mission statement of Cla Homes I Corp?
Cla Homes I Corp's mission is focused on providing affordable housing for individuals with disabilities. Specifically, the organization operates under Section 811 of the National Affordable Housing Act to ensure housing is accessible and affordable for chronically mentally disabled individuals as well as other people with disabilities. The organization's primary goal is to help improve the quality of life for those in need by facilitating secure and affordable housing solutions.
Official website here: www.cla-va.org
Who is the CEO of Cla Homes I Corp?
Susan Keenan is the Executive Director of Cla Homes I Corp.
Official website here: www.cla-va.org
What is the revenue of Cla Homes I Corp?
Cla Homes I Corp's revenue in 2022 was $94,349.
Official website here: www.cla-va.org
Who are the executives of Cla Homes I Corp and what are their salaries?
There 3 volunteers at Cla Homes I Corp.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $116,676
- Other: $7,471
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $144,484
- Other: $922
Official website here: www.cla-va.org
Where can I find the form 990 for Cla Homes I Corp?
Cla Homes I Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cla-va.org
Learn more at the official website: www.cla-va.org
Mission Statement of Cla Homes I Corp
Cla Homes I Corp is a nonprofit organization dedicated to providing affordable housing solutions for individuals with disabilities. Specifically, the organization focuses on accommodating the chronically mentally disabled, in line with Section 811 of the National Affordable Housing Act. By offering affordable housing, Cla Homes I Corp aims to make a significant difference in the lives of those who often face challenges in securing suitable and affordable living arrangements due to their disabilities. The organization's mission is a crucial step towards ensuring that people with disabilities have the opportunity to live with dignity and independence, just like anyone else.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
Cla Homes I Corp's impact lies in its mission to provide affordable housing to persons with disabilities, specifically targeting the chronically mentally disabled under section 811 of the National Affordable Housing Act. By offering this crucial support, Cla Homes I Corp helps improve the quality of life for individuals who may face challenges accessing suitable housing due to their disability. This organization plays a significant role in promoting mental health and well-being by ensuring that these individuals have a stable and supportive living environment.
This information is meant to be a general summary of Cla Homes I Corp. 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: $12
- Program Service Revenue: $94,337
- Gross Receipts: $94,349
Assets and Liabilities:
- Total Assets: $879,783
- Total Liabilities: $47,928
- Net Assets: $831,855
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$94,337
Organization Details
Founding Year
2003
Phone
(703) 352-0388Principal Officer
Susan Keenan
Main Address
9401 LEE HIGHWAY 406, FAIRFAX, VA, 22031
Website
www.cla-va.orgNTEE Category
Code: F33 - Mental health
If you are a representative of Cla Homes I Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.