Overview
What is Camp Hill Square Development Corporation?
Camp Hill Square Development Corporation is a nonprofit organization situated in Kensington, Maryland, specifically at 10400 Detrick Avenue, 20895. Their primary mission involves managing a 51-unit apartment complex in Gaithersburg, Maryland, catering to families with low income. This project is their main activity, demonstrating their commitment to affordable housing and community development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating
Camp Hill Square Development Corporation has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization's overall score focuses entirely on its Accountability & Finance, achieving a score of 79%. This reflects the charity's commitment to effective financial management and responsible governance practices.
Strengths of the organization include a fully independent board, with all eight members meeting the criteria for independence. The charity also has a strong track record in financial transparency, as evidenced by its lack of material diversion of assets and the presence of comprehensive conflict of interest and whistleblower policies. Additionally, Camp Hill's liabilities to assets ratio is quite low at 6.48%, suggesting a strong financial position.
However, while the charity's financial ratios indicate that a large portion of its expenses is allocated toward programs, scoring 74.19% in program expense ratio, the overall rating suggests room for improvement. Continuous assessment of operational efficiency and expanding program impact could enhance their standing in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Camp Hill Square Development Corporation legitimate?
Camp Hill Square Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Camp Hill Square Development Corporation 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: $170,684
For more financial information, click here
What is the mission statement of Camp Hill Square Development Corporation?
Camp Hill Square Development Corporation is dedicated to providing housing for low-income families. Through its operation of a 51-unit apartment project, the corporation aims to offer a supportive living environment for these families. The corporation's mission does not explicitly state any advancements in research or advocacy, but its focus on affordable housing for vulnerable groups demonstrates a commitment to improving living conditions and providing opportunities for these families. The corporation does not seem to have any programs or initiatives beyond its apartment project, as per the provided information.
What is the revenue of Camp Hill Square Development Corporation?
Camp Hill Square Development Corporation's revenue in 2023 was $559,003.
Who are the executives of Camp Hill Square Development Corporation and what are their salaries?
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Camp Hill Square Development Corporation?
Camp Hill Square Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Camp Hill Square Development Corporation
Camp Hill Square Development Corporation is dedicated to providing housing solutions for low-income families. Situated in Gaithersburg, Maryland, this organization operates a 51-unit apartment project as its primary mission. By offering affordable housing, Camp Hill Square Development Corporation aims to contribute positively to the community and support families in need. The corporation's efforts in this area are essential in providing a stable living environment for those who might otherwise struggle to secure suitable housing.
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Impact
July, 2024
Camp Hill Square Development Corporation's impact can be seen in its operation of a 51-unit apartment housing project in Gaithersburg, Maryland, providing essential housing for low-income families in the area. By offering affordable housing options, the corporation plays a significant role in addressing the housing needs of underserved communities, contributing to the overall well-being and stability of these families. This initiative helps to promote economic security, improve quality of life, and foster community development in Gaithersburg and its surrounding areas.
This information is meant to be a general summary of Camp Hill Square Development Corporation. 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 2023.
- Investment Income: $308
- Program Service Revenue: $553,435
- Gross Receipts: $559,003
Assets and Liabilities:
- Total Assets: $1,795,262
- Total Liabilities: $116,371
- Net Assets: $1,678,891
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT: CURRENT RESIDENT
Revenue
$397,787
RENT: SUBSIDIES
Revenue
$145,818
OTHER PROGRAM SERVICES
Revenue
$9,830
Organization Details
Founding Year
1984
Principal Officer
Chelsea Andrews
NTEE Category
Code: L200 - Housing
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