Overview
What is Harford Senior Housing Inc?
Harford Senior Housing Inc is a nonprofit organization located at 300 Sunflower Drive, Bel Air, Maryland. They specialize in providing housing facilities for the low-income elderly community. Operating under Section 202 of the National Housing Act, their complex houses 133 units and is enrolled in the Section 8 Housing Assistance Payment Program. Managed by the U.S. Department of Housing and Urban Development (HUD), the rent charges and operational methods of the complex are regulated by HUD to ensure affordability and fairness. With a workforce of seven employees, Harford Senior Housing Inc's mission is to offer suitable living arrangements for the elderly population who require financial assistance.
Official website here: www.harfordsenior.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star Rating
Harford Senior Housing Inc has achieved a commendable 92% rating from Charity Navigator, reflecting strong accountability and financial practices. This rating is entirely based on the organization’s accountability and finance beacon, which is a critical indicator of its operational integrity. Such a high score suggests that the nonprofit is effectively managing its resources and maintaining transparency.
The organization boasts a fully independent board, which is a positive indicator of governance, scoring 8 out of 8 points in this area. Additionally, it has demonstrated strong financial oversight, with no material diversion of assets reported and a solid liabilities-to-assets ratio of 13.50%. The inclusion of various key policies on its website further reinforces its commitment to accountability.
However, it is worth noting that Harford Senior Housing Inc is missing a whistleblower policy, which has affected its score slightly in that area. Despite this limitation, the overall performance and transparency in financial matters suggest that the organization is a reliable choice for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Harford Senior Housing Inc legitimate?
Harford Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harford Senior Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $286,549
For more financial information, click here
Official website here: www.harfordsenior.com
What is the mission statement of Harford Senior Housing Inc?
Harford Senior Housing Inc's mission is centered around providing housing facilities for the elderly with low income. The corporation operates under the National Housing Act's Section 202 and participates in the Section 8 Housing Assistance Payment Program. Their main objective is to offer suitable housing accommodations for this specific demographic, regulated by the Department of Housing and Urban Development (HUD), with regards to rent charges and operational methods. The apartment complex they manage, housing 133 units, is dedicated to providing a living space for this vulnerable group.
Official website here: www.harfordsenior.com
Who is the CEO of Harford Senior Housing Inc?
Carol Lienhard is the President of Harford Senior Housing Inc.
Official website here: www.harfordsenior.com
What is the revenue of Harford Senior Housing Inc?
Harford Senior Housing Inc's revenue in 2022 was $1,431,693.
Official website here: www.harfordsenior.com
Who are the executives of Harford Senior Housing Inc and what are their salaries?
The average compensation at Harford Senior Housing Inc during 2022 was $40,936. There are 7 employees and 6 volunteers at Harford Senior Housing Inc.
Here are 6 key members and their salaries:
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Official website here: www.harfordsenior.com
Where can I find the form 990 for Harford Senior Housing Inc?
Harford Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.harfordsenior.com
Learn more at the official website: www.harfordsenior.com
Mission Statement of Harford Senior Housing Inc
Harford Senior Housing Inc, as a nonprofit organization, is dedicated to providing housing facilities for the low-income elderly. In line with this mission, the corporation operates an apartment complex consisting of 133 units, which serve as homes for this specific demographic. This complex adheres to Section 202 of the National Housing Act and participates in the Section 8 Housing Assistance Payment Program. The facilities under Harford Senior Housing Inc's management are regulated by HUD, taking into account both rental charges and operational methods. This regulatory framework ensures that the elderly residents can access affordable and well-managed housing.
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Impact
July, 2024
Harford Senior Housing Inc's impact can be seen in its provision of affordable housing for the low-income elderly population in Bel Air, MD. The organization owns and operates an apartment complex with 133 units specifically designed to cater to the housing needs of this demographic. By participating in programs like Section 202 of the National Housing Act and the Section 8 Housing Assistance Payment Program, Harford Senior Housing Inc ensures that the elderly residents have access to regulated rent charges and appropriate operating methods. Overall, the organization plays a crucial role in providing a safe and supportive living environment for a vulnerable segment of the community.
This information is meant to be a general summary of Harford Senior Housing 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $29
- Program Service Revenue: $516,114
- Gross Receipts: $1,431,693
Assets and Liabilities:
- Total Assets: $1,240,794
- Total Liabilities: $507,536
- Net Assets: $733,258
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT RENTALS
Revenue
$504,432
LAUNDRY & VENDING
Revenue
$7,911
TENANT CHARGES
Revenue
$3,771
Organization Details
Founding Year
1977
Phone
(410) 837-3433Principal Officer
Carol Lienhard
Main Address
300 SUNFLOWER DRIVE, BEL AIR, MD, 21201
Website
www.harfordsenior.comNTEE Category
Code: L21Z - Housing
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