Overview
What is Robert L Walker House Corporation?
Robert L Walker House Corporation is a nonprofit organization, headquartered at 1839 Alabama Avenue SE, Washington, D.C. 20020. Their primary mission is to provide and maintain housing units for the elderly, with a total of 68 units under their care. The corporation was established under Section 202 of the National Housing Act, with the purpose of constructing and operating an elderly housing project. While specific details about their activities, such as the attached schedule O, are not provided in the information, it is clear that their focus is on providing a safe and comfortable living environment for the elderly.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 67%)
The Robert L Walker House Corporation has received a Two-Star rating from Charity Navigator, indicating a need for improvement despite a strong score in accountability and finance. The organization has demonstrated robust governance practices, with 100% accountability in areas such as board independence and financial oversight. However, concerns arise from its high liabilities to assets ratio and missing essential policies, which are critical for ensuring operational integrity.
The organization excels in its program expense ratio, allocating 91.46% of its funds to programs, reflecting a commitment to service delivery. However, the absence of key governance documents, including a conflict of interest policy and a whistleblower policy, raises questions about its operational transparency and risk management. This lack of foundational policies may hinder the organization's ability to effectively navigate challenges and maintain stakeholder trust.
Overall, while the Robert L Walker House Corporation shows strength in certain financial areas and governance structures, it faces significant limitations that must be addressed to enhance its overall effectiveness and transparency. Improving these aspects will be crucial in bolstering its rating and public perception in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Robert L Walker House Corporation legitimate?
Robert L Walker House Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Robert L Walker House 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: $162,857
For more financial information, click here
What is the mission statement of Robert L Walker House Corporation?
The Robert L Walker House Corporation was established with the mission to construct and manage an elderly housing project consisting of 68 units, under Section 202 of the National Housing Act. Their primary objective is to operate and maintain these housing units, providing a suitable living environment for the elderly community. This corporation's purpose is centered around ensuring the elderly population has access to comfortable and well-maintained accommodations.
Who is the CEO of Robert L Walker House Corporation?
Harvey Reedy is the President of Robert L Walker House Corporation.
What is the revenue of Robert L Walker House Corporation?
Robert L Walker House Corporation's revenue in 2022 was $1,009,342.
Who are the executives of Robert L Walker House Corporation and what are their salaries?
There 5 volunteers at Robert L Walker House Corporation.
Here are 5 key members and their salaries:
- 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
Where can I find the form 990 for Robert L Walker House Corporation?
Robert L Walker House Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Robert L Walker House Corporation
The Robert L Walker House Corporation was established with a specific purpose: to construct and manage an elderly housing project comprising sixty-eight units. This project falls under Section 202 of the National Housing Act. The corporation's primary mission is to operate and maintain these housing units, providing a secure living environment for the elderly. This nonprofit organization is dedicated to ensuring the elderly have access to comfortable and well-maintained accommodations, contributing to their overall well-being and quality of life.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Robert L Walker House Corporation's impact is focused on providing affordable housing for the elderly in Washington, DC. Through its operation and maintenance of 68 housing units, the organization plays a crucial role in addressing the housing needs of the elderly population. By offering safe and affordable housing options, the Robert L Walker House Corporation contributes to the well-being and quality of life of elderly individuals in the community.
This information is meant to be a general summary of Robert L Walker House 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 2022.
- Investment Income: $544
- Program Service Revenue: $1,008,798
- Gross Receipts: $1,009,342
Assets and Liabilities:
- Total Assets: $2,177,335
- Total Liabilities: $5,123,932
- Net Assets: -$2,946,597
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYM
Revenue
$800,421
PROGRAM SERVICE RENTS
Revenue
$198,414
TENANT CHARGES
Revenue
$4,638
LAUNDRY & VENDING
Revenue
$3,456
OTHER REVENUE
Revenue
$1,869
Organization Details
Founding Year
1984
Phone
(301) 941-8040Principal Officer
Harvey Reedy
Main Address
1839 ALABAMA AVENUE SE, WASHINGTON, DC, 200202809
NTEE Category
Code: L21Z - Housing
If you are a representative of Robert L Walker House Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.