Overview
What is Gs Housing Incorporated?
Gs Housing Incorporated is a nonprofit organization situated in Baltimore, Maryland. Established with charitable objectives, its primary mission is to provide and manage federally subsidized housing for the elderly and impoverished members of the community associated with Good Samaritan Hospital. The organization operates a 94-unit apartment complex, offering subsidized rent for residents who fall under specific income limits, ensuring affordability for individuals over 62 years old, disabled, or handicapped. The nonprofit is dedicated to enhancing the living conditions of those in need, promoting a sense of community and support within its facilities.
Official website here: www.medstarhealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Gs Housing Incorporated has earned a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in various operational aspects. The overall score of 66% reflects a mixed performance, particularly in areas of governance and board independence, with the organization scoring poorly in board member independence and size.
Despite these governance challenges, Gs Housing shows strength in financial oversight, having received full marks for its audit and oversight committee, as well as for its conflict of interest and whistleblower policies. The organization has demonstrated a commitment to transparency through its website listings and document retention practices, although it has failed to fully comply with posting its tax forms online.
One significant limitation noted is the liabilities to assets ratio, which received a score of zero, suggesting potential financial vulnerabilities. Additionally, the absence of independent board members raises questions about accountability and decision-making. Overall, while Gs Housing has some solid practices in place, there are critical areas that require attention to enhance its governance and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Gs Housing Incorporated legitimate?
Gs Housing Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gs Housing Incorporated 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: $61,878
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,131
For more financial information, click here
Official website here: www.medstarhealth.org
What is the mission statement of Gs Housing Incorporated?
Gs Housing Incorporated is established with a mission to supply and manage affordable housing for individuals who fall under the categories of low-income, elderly, and disabled. The organization operates a 94-unit apartment facility, providing subsidized rent for eligible residents. These residents must adhere to the Department of Housing and Urban Development's income limits, paying only a predetermined percentage of their adjusted gross income as rent. The primary goal of Gs Housing Incorporated is to provide affordable housing solutions for those in need.
Official website here: www.medstarhealth.org
Who is the CEO of Gs Housing Incorporated?
Pamela Oakey is the Principal Officer of Gs Housing Incorporated.
Official website here: www.medstarhealth.org
What is the revenue of Gs Housing Incorporated?
Gs Housing Incorporated's revenue in 2022 was $1,944,535.
Official website here: www.medstarhealth.org
Who are the executives of Gs Housing Incorporated and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $1,449,807
- Other: $56,419
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $534,335
- Other: $50,923
- Compensation: $53,917
- Related: $53,917
- Other: $15,922
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.medstarhealth.org
Where can I find the form 990 for Gs Housing Incorporated?
Gs Housing Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.medstarhealth.org
Learn more at the official website: www.medstarhealth.org
Mission Statement of Gs Housing Incorporated
Gs Housing Incorporated, as an organization, is dedicated to providing and managing low-income housing for the elderly and individuals with disabilities or handicaps. Their mission is to create a 94-unit apartment facility, offering subsidized rent to eligible residents. These individuals must adhere to the Department of Housing and Urban Development's income limits, paying only a portion of their adjusted gross income for rent. Gs Housing Incorporated is committed to ensuring that these individuals, who are typically 62 years of age or older, have access to affordable housing options.
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
Gs Housing Incorporated's impact is significant in providing and operating low-income housing for the poor and elderly residents in Baltimore, MD. The organization runs a 94-unit, rent-subsidized apartment facility for individuals who are at least 62 years of age, handicapped, or disabled. By offering federally subsidized housing, Gs Housing Incorporated plays a crucial role in supporting vulnerable members of the community by ensuring they have access to affordable and safe housing options.
This information is meant to be a general summary of Gs Housing Incorporated. 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: $63
- Program Service Revenue: $357,799
- Gross Receipts: $1,944,535
Assets and Liabilities:
- Total Assets: $2,540,693
- Total Liabilities: $4,954,727
- Net Assets: -$2,414,034
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.
RENTAL REVENUE
Revenue
$357,799
Organization Details
Founding Year
1985
Phone
(410) 772-6721Principal Officer
Pamela Oakey
Main Address
5601 LOCH RAVEN BLVD, BALTIMORE, MD, 21239
Website
www.medstarhealth.orgIf you are a representative of Gs Housing Incorporated 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.