Overview
What is Senior Citizens Housing Development Corporation Of Montgomery County?
The Senior Citizens Housing Development Corporation of Montgomery County is a nonprofit organization, specifically named as Council House, situated in Plantation, Florida. Their primary focus is on providing affordable housing for the elderly and individuals with disabilities. This housing is managed and supported by the Department of Housing and Urban Development (HUD). They operate with a team of six dedicated employees, providing a vital service to this underrepresented section of society.
Official website here: www.ehdoc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Senior Citizens Housing Development Corporation of Montgomery County has received a two-star rating on Charity Navigator, indicating that while they demonstrate some strengths, there are notable areas for improvement. Their overall score stands at 69%, with a strong program expense ratio of 72.31%, showcasing a commitment to allocating resources towards their mission.
Strengths of the organization include a high percentage of independent board members and effective financial oversight, as evidenced by their audit and oversight committee scoring a perfect 15 out of 15 points. However, significant concerns arise from the absence of critical policies such as conflict of interest, whistleblower, and document retention, which could affect transparency and accountability.
Another issue highlighted in the evaluation is the organization's liabilities to assets ratio of 261.66%, suggesting potential financial instability. Additionally, the failure to post their tax form on the nonprofit's website may hinder public trust. Overall, while the organization exhibits strong governance practices in some areas, it must address its policy gaps and financial concerns to improve its standing.
This AI summary has been generated from information found on Charity Navigator.
Is Senior Citizens Housing Development Corporation Of Montgomery County legitimate?
Senior Citizens Housing Development Corporation Of Montgomery County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Citizens Housing Development Corporation Of Montgomery 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $276,373
For more financial information, click here
Official website here: www.ehdoc.org
What is the mission statement of Senior Citizens Housing Development Corporation Of Montgomery County?
The Senior Citizens Housing Development Corporation of Montgomery County's mission is centered around providing low-income housing facilities for the elderly and individuals with disabilities. This mission is carried out in collaboration with the Department of Housing and Urban Development (HUD), ensuring regulatory compliance and assistance. The corporation's primary goal is to offer housing solutions for those who may face financial challenges, thereby providing a secure living environment for these vulnerable groups.
Official website here: www.ehdoc.org
Who is the CEO of Senior Citizens Housing Development Corporation Of Montgomery County?
Melanie Ribeiro is the Director of Senior Citizens Housing Development Corporation Of Montgomery County.
Official website here: www.ehdoc.org
What is the revenue of Senior Citizens Housing Development Corporation Of Montgomery County?
Senior Citizens Housing Development Corporation Of Montgomery County's revenue in 2022 was $2,804,811.
Official website here: www.ehdoc.org
Who are the executives of Senior Citizens Housing Development Corporation Of Montgomery County and what are their salaries?
The average compensation at Senior Citizens Housing Development Corporation Of Montgomery County during 2022 was $46,062. There are 6 employees at Senior Citizens Housing Development Corporation Of Montgomery County.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $296,416
- Other: $110,501
- Compensation: $0
- Related: $9,500
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ehdoc.org
Where can I find the form 990 for Senior Citizens Housing Development Corporation Of Montgomery County?
Senior Citizens Housing Development Corporation Of Montgomery County'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 Corporation Of Montgomery County
The Senior Citizens Housing Development Corporation of Montgomery County is dedicated to providing low-income housing for the elderly and handicapped. This nonprofit organization operates under the guidance and support of the Department of Housing and Urban Development (HUD). Their mission is to create and maintain a living environment that caters to the specific needs of this vulnerable population, ensuring they have access to safe, affordable, and suitable housing. By doing so, the corporation aims to enhance the quality of life for these individuals, providing them with the necessary support and resources to live with dignity and independence.
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Impact
July, 2024
The Senior Citizens Housing Development Corporation of Montgomery County provides essential low-income housing for the elderly and handicapped in Montgomery County. By offering regulated and assisted housing options under the Department of Housing and Urban Development (HUD), the organization enables vulnerable populations to live with dignity and comfort. Its impact lies in ensuring that seniors and those with disabilities have access to safe and affordable housing, promoting well-being and security within the community.
This information is meant to be a general summary of Senior Citizens Housing Development Corporation Of Montgomery 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: $66
- Program Service Revenue: $2,749,788
- Gross Receipts: $2,804,811
Assets and Liabilities:
- Total Assets: $3,445,688
- Total Liabilities: $9,100,856
- Net Assets: -$5,655,168
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYMENTS
Revenue
$1,911,499
TENANT RENT
Revenue
$669,158
RESIDUAL RECEIPTS RECAPTURE
Revenue
$169,131
Organization Details
Founding Year
1977
Phone
(954) 835-9200Principal Officer
Melanie Ribeiro
Main Address
1200 SOUTH PINE ISLAND ROAD STE 725, PLANTATION, FL, 33324
Website
www.ehdoc.orgNTEE Category
Code: L22 - Housing
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