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Ncscusa Housing Development Corp

Steelworkers Tower

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

EIN: 521485730 ✦ Plantation, FL ✦ Designated as a 501(c)(3)

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Overview

What is Ncscusa Housing Development Corp?

Ncscusa Housing Development Corp, also known as Steelworkers Tower, is a nonprofit organization situated in Plantation, Florida. Their primary mission is to provide low-income housing for the elderly and individuals with disabilities. This mission is overseen and supported by the Department of Housing and Urban Development (HUD). With a dedicated workforce of six employees, they strive to create a living environment that caters to the specific needs of their residents, ensuring a comfortable and supportive community.


Official website here: www.ehdoc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, Overall Score: 64%

Ncscusa Housing Development Corp has received a two-star rating, indicating areas needing significant improvement. The organization excels in accountability and finance, scoring a perfect 100% in this category. This reflects strong oversight practices with an independent board and proper financial audits. However, the organization faces critical gaps, particularly in governance policies, as it lacks essential policies such as conflict of interest, whistleblower, and document retention.

While the program expense ratio indicates that a good portion of their resources (approximately 65.84%) is allocated to their programs, the liabilities to assets ratio is notably concerning at 184.45%, suggesting financial instability. The lack of transparency, highlighted by missing financial documents on their website, raises questions about their commitment to accountability.

Overall, while Ncscusa Housing Development Corp demonstrates effective financial oversight and operational management, significant governance deficiencies may hinder its effectiveness and public trust. Addressing these issues could enhance its performance and rating in the future.


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

Is Ncscusa Housing Development Corp legitimate?

Ncscusa Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ncscusa Housing Development Corp 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: $197,166

For more financial information, click here


Official website here: www.ehdoc.org

What is the mission statement of Ncscusa Housing Development Corp?

Ncscusa Housing Development Corp's mission revolves around providing housing for individuals who are elderly and disabled, falling under the low-income category. This organization is rigorously regulated and aided by the Department of Housing and Urban Development (HUD). Their primary objective is to ensure that these vulnerable groups have suitable living accommodations. The operation of these housing units is overseen by HUD, thereby ensuring compliance with necessary standards and provisions. This organization plays a crucial role in providing a decent living environment for those who may otherwise struggle to secure such facilities.


Official website here: www.ehdoc.org

What is the revenue of Ncscusa Housing Development Corp?

Ncscusa Housing Development Corp's revenue in 2023 was $1,211,751.


Official website here: www.ehdoc.org

Who are the executives of Ncscusa Housing Development Corp and what are their salaries?

The average compensation at Ncscusa Housing Development Corp during 2023 was $39,433. There are 5 employees at Ncscusa Housing Development Corp.

Here are 9 key members and their salaries:


Melanie Ribeiro (Director / V)
  • Compensation: $0
  • Related: $424,921
  • Other: $72,591
Richard W Bloomingdale (Vp / Directo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maxine Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Cordone (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Ferritto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Fransetta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrin Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Schmelzer (Treasurer)
  • 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 Ncscusa Housing Development Corp?

Ncscusa Housing Development Corp's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ehdoc.org

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

Mission Statement of Ncscusa Housing Development Corp

Ncscusa Housing Development Corp is dedicated to providing low-income housing for the elderly and individuals with disabilities. This nonprofit organization is regulated and assisted by the Department of Housing and Urban Development (HUD), ensuring that it meets stringent standards for quality and affordability. The mission of Ncscusa Housing Development Corp is to create safe and accessible living spaces for those who may face financial challenges. By providing housing, they aim to alleviate some of the burdens faced by this vulnerable population, enabling them to focus on their health and well-being. The organization's work is a crucial part of the broader societal effort to support and empower individuals who may require extra assistance due to age or disability.

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Impact




July, 2024

Ncscusa Housing Development Corp's impact lies in providing essential housing services for low-income elderly and handicapped individuals. By operating low-income housing that is regulated and assisted by the Department of Housing and Urban Development (HUD), this organization plays a vital role in ensuring that vulnerable populations have access to safe and affordable housing options. Through their mission-focused efforts in Plantation, FL, Ncscusa Housing Development Corp is dedicated to meeting the housing needs of those who require specialized support, contributing to the overall well-being and quality of life of these individuals.




This information is meant to be a general summary of Ncscusa Housing Development Corp. 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
$1,211,751 (2023)
Expenses
$1,535,308 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,219
  • Program Service Revenue: $1,199,023
  • Gross Receipts: $1,211,751

Assets and Liabilities:

  • Total Assets: $2,965,933
  • Total Liabilities: $5,470,895
  • Net Assets: -$2,504,962

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Programs

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

TENANT ASSISTANCE

Revenue

$874,707

TENANT RENT

Revenue

$324,316

Organization Details

Founding Year

1987

Principal Officer

Melanie Ribeiro

NTEE Category

Code: L22 - Housing

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