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Senior Citizens Housing Development

Clyde F Simon Lakeview Apartments

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521150864 ✦ Plantation, FL ✦ Designated as a 501(c)(3)

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Overview

What is Senior Citizens Housing Development?

Senior Citizens Housing Development, identified as Clyde F. Simon Lakeview Apartments, is a nonprofit organization situated in Plantation, Florida. Their primary mission is to provide affordable housing for the elderly and handicapped, receiving support and regulation from the Department of Housing and Urban Development (HUD). This housing development aims to cater to this specific demographic, ensuring they have a safe and comfortable living environment. The organization is managed by a team of eight dedicated individuals.


Official website here: www.ehdoc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 58% (One-Star out of Four Stars)

Senior Citizens Housing Development has received a low rating of 58%, indicating significant concerns regarding its accountability and financial management. The organization scored well in several areas, including having a fully independent board and a robust audit and oversight committee. However, it faltered in critical policies related to governance, including a lack of a conflict of interest policy and whistleblower protections.

The score reflects serious weaknesses in transparency and financial health, particularly highlighted by a poor liabilities to assets ratio and insufficient program expense ratio. This suggests that a substantial portion of the organization's resources may not be effectively allocated towards its mission of serving senior citizens.

While the charity has established some strong governance structures, the absence of key policies and transparency measures raises questions about its operational practices. Potential donors and volunteers may want to exercise caution and seek further information before engaging with this organization.


This AI summary has been generated from information found on Charity Navigator.

Is Senior Citizens Housing Development legitimate?

Senior Citizens Housing Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Citizens Housing Development 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: $262,132

For more financial information, click here


Official website here: www.ehdoc.org

What is the mission statement of Senior Citizens Housing Development?

The Senior Citizens Housing Development's mission is centered around providing low-income housing for the elderly and handicapped. This mission is carried out in collaboration and under the regulation of the Department of Housing and Urban Development (HUD). The organization's primary goal is to offer a living space for this specific demographic, ensuring they have a secure and affordable place to reside.


Official website here: www.ehdoc.org

Who is the CEO of Senior Citizens Housing Development?

Melanie Ribeiro is the Director of Senior Citizens Housing Development.


Official website here: www.ehdoc.org

What is the revenue of Senior Citizens Housing Development?

Senior Citizens Housing Development's revenue in 2022 was $1,508,399.


Official website here: www.ehdoc.org

Who are the executives of Senior Citizens Housing Development and what are their salaries?

The average compensation at Senior Citizens Housing Development during 2022 was $32,766. There are 8 employees at Senior Citizens Housing Development.


Here are 8 key members and their salaries:


Melanie Ribeiro (Director)
  • Compensation: $0
  • Related: $296,416
  • Other: $110,501
John Olsen (Treasurer)
  • Compensation: $0
  • Related: $26,541
  • Other: $4,777
Maria Cordone (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Fransetta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zack Housworth (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amey Rusak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Shelton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ehdoc.org

Where can I find the form 990 for Senior Citizens Housing Development?

Senior Citizens Housing Development's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ehdoc.org

Learn more at the official website: www.ehdoc.org

Mission Statement of Senior Citizens Housing Development

Senior Citizens Housing Development, a nonprofit organization, is dedicated to providing affordable housing for the elderly and individuals with disabilities. Regulated and assisted by the Department of Housing and Urban Development (HUD), this organization operates low-income housing units that cater to this specific demographic. The mission of Senior Citizens Housing Development is to ensure that elderly and handicapped individuals have access to safe, comfortable, and affordable living spaces, thereby promoting their independence and overall well-being. By providing such housing, the organization plays a crucial role in addressing the housing needs of a vulnerable population and contributing to their overall quality of life.

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Impact




July, 2024

Senior Citizens Housing Development provides a crucial service by operating low-income housing for the elderly and handicapped in Plantation, FL. This initiative is regulated and assisted by the Department of Housing and Urban Development (HUD). By offering affordable housing options for this vulnerable population, Senior Citizens Housing Development helps ensure that seniors and individuals with disabilities have a safe and stable place to live. This contributes to their overall well-being and quality of life. Additionally, by catering to the specific needs of these demographics, Senior Citizens Housing Development plays a vital role in promoting inclusivity and accessibility within the community.




This information is meant to be a general summary of Senior Citizens Housing Development. 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.

Revenue
$1,508,399 (2022)
Expenses
$1,710,695 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $393
  • Program Service Revenue: $1,472,987
  • Gross Receipts: $1,508,399

Assets and Liabilities:

  • Total Assets: $3,925,959
  • Total Liabilities: $6,529,927
  • Net Assets: -$2,603,968

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TENAT ASSISTANCE PAYMENTS

Revenue

$925,043

TENANT RENT

Revenue

$526,365

SPECIAL CLAIMS REVENUE

Revenue

$16,279

MISC. RENT REVENUE

Revenue

$5,300

Organization Details

Founding Year

1980

Principal Officer

Melanie Ribeiro

Main Address

1200 S PINE ISLAND ROAD SUITE 725, PLANTATION, FL, 33313

NTEE Category

Code: L22 - Housing

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