Overview
What is Community Apartments Corporation Of Haywood County?
Community Apartments Corporation of Haywood County is a nonprofit organization situated in Raleigh, North Carolina. Their primary mission is to offer housing solutions for individuals grappling with mental illness. Based at 353 E Six Forks Road Suite 300, the organization strives to provide a supportive environment, aiming to improve the quality of life for its residents. The Corporation works diligently to ensure that those in need have access to safe and comfortable housing, playing a crucial role in the mental health community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Stars
Community Apartments Corporation Of Haywood County has received a low rating of 58%, which translates to a One-Star designation. This rating is based solely on its Accountability & Finance beacon, indicating significant concerns regarding its financial health. While the organization scores well in areas like having a majority of independent board members and a high program expense ratio, it struggles with its liabilities to assets ratio.
The organization boasts a fully independent board, which is a positive aspect of its governance structure. They also document board meeting minutes, demonstrating a level of transparency in their operations. However, the concerning liabilities to assets ratio of 126.96% raises red flags about its financial stability.
Additionally, several key policies and disclosures are missing from their website, including important documents related to conflict of interest and whistleblower policies. These gaps in transparency could impact trust and accountability, which are critical for nonprofit organizations. Overall, while there are some strengths, significant financial and transparency issues need addressing for Community Apartments Corporation Of Haywood County to improve its standing.
This AI summary has been generated from information found on Charity Navigator.
Is Community Apartments Corporation Of Haywood County legitimate?
Community Apartments Corporation Of Haywood County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Apartments Corporation Of Haywood County 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:
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What is the mission statement of Community Apartments Corporation Of Haywood County?
The Community Apartments Corporation of Haywood County is dedicated to serving individuals living with mental illness. Their primary mission is to provide suitable housing facilities for these individuals, aiming to improve their quality of life and offer them a supportive environment. The organization's activities are centered around catering to the housing needs of people battling mental health issues, ensuring they have a secure and comfortable place to reside. This commitment extends to providing housing solutions that promote their overall well-being and contribute to their recovery journey.
Who is the CEO of Community Apartments Corporation Of Haywood County?
John Nash is the Director of Community Apartments Corporation Of Haywood County.
What is the revenue of Community Apartments Corporation Of Haywood County?
Community Apartments Corporation Of Haywood County's revenue in 2022 was $65,267.
Who are the executives of Community Apartments Corporation Of Haywood County and what are their salaries?
There 12 volunteers at Community Apartments Corporation Of Haywood County.
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Where can I find the form 990 for Community Apartments Corporation Of Haywood County?
Community Apartments Corporation Of Haywood County's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Apartments Corporation Of Haywood County
Community Apartments Corporation of Haywood County is an organization that is dedicated to providing housing for individuals battling mental illness. This nonprofit entity's mission is to offer a sanctuary for those who are affected by mental health challenges, providing them with a stable living environment. By offering housing, the organization aims to contribute to the overall well-being and recovery of its residents, offering them a supportive community where they can focus on their mental health.
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Impact
August, 2024
Community Apartments Corporation Of Haywood County's impact can be seen in the improved quality of life for individuals suffering from mental illness. By providing housing for this vulnerable population, the organization not only meets a basic need for shelter but also creates a supportive environment where residents can access the resources and assistance they need to thrive. This in turn contributes to the overall well-being of the community by promoting stability and mental health among those who may have otherwise struggled to find suitable housing options.
This information is meant to be a general summary of Community Apartments Corporation Of Haywood County. 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: $236
- Program Service Revenue: $35,860
- Gross Receipts: $65,267
Assets and Liabilities:
- Total Assets: $1,171,140
- Total Liabilities: $1,486,947
- Net Assets: -$315,807
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent revenue
Revenue
$35,860
Organization Details
Founding Year
2005
Phone
(919) 782-4632Principal Officer
John Nash
Main Address
353 E Six Forks Road Suite 300, Raleigh, NC, 27609
NTEE Category
Code: L21 - Housing
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