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Willow Creek Housing Inc

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

EIN: 521963655 ✦ North bethesda, MD ✦ Designated as a 501(c)(3)

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Overview

What is Willow Creek Housing Inc?

Willow Creek Housing Inc, located at 11810 Grand Park Avenue 600, North Bethesda, Maryland 20852, is a dedicated nonprofit organization. Its primary mission is to offer affordable housing solutions to low-income individuals and their families. The organization strives to make housing accessible, aligning with their purpose to operate an affordable housing community. They are committed to this cause, providing a vital service in addressing housing challenges faced by a significant portion of the population.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Willow Creek Housing Inc received a two-star rating from Charity Navigator, indicating areas for improvement despite an overall score of 72%. The organization excels in accountability and finance, achieving a perfect score of 100% in this category, which highlights strong governance practices, including a fully independent board and comprehensive conflict of interest policies.

However, the nonprofit faces significant challenges indicated by its liabilities to assets ratio of 154.01%, which raises concerns about financial stability. While the program expense ratio is commendable at 89.68%, showing that most of its expenses are directed towards programs, the financial health metrics suggest that the organization needs to address its liabilities effectively to ensure long-term sustainability.

Overall, while Willow Creek Housing Inc demonstrates high standards in governance and program funding, improving its financial management and addressing liability concerns is crucial for enhancing its operational effectiveness and securing a higher rating in the future.


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

Is Willow Creek Housing Inc legitimate?

Willow Creek Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Willow Creek Housing Inc 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.

What is the mission statement of Willow Creek Housing Inc?

Willow Creek Housing Inc's mission is centered around providing affordable housing solutions. This mission extends to low-income individuals and their families. The organization operates with the goal of creating an affordable housing community, ensuring that those with limited financial resources have access to a place to call home. This commitment is reflected in both its activities and its mission statement. By offering affordable housing, Willow Creek Housing Inc aims to contribute positively to the lives of those in need, providing them with a stable living environment.

Who is the CEO of Willow Creek Housing Inc?

Todd Travis is the Director of Willow Creek Housing Inc.

What is the revenue of Willow Creek Housing Inc?

Willow Creek Housing Inc's revenue in 2021 was $2,054,966.

Who are the executives of Willow Creek Housing Inc and what are their salaries?



Where can I find the form 990 for Willow Creek Housing Inc?

Willow Creek Housing Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Willow Creek Housing Inc

Willow Creek Housing Inc is committed to providing an essential service within its mission. This nonprofit organization focuses on addressing the housing needs of low-income individuals and their families. By operating an affordable housing community, Willow Creek Housing Inc aims to make a significant impact on numerous lives. The organization's primary objective is to offer a viable housing solution for those who may not have access to such resources otherwise. This mission is a vital contribution to the community, ensuring that everyone has a place to call home, regardless of their financial situation. By providing affordable housing, Willow Creek Housing Inc is playing a crucial role in promoting social equity and stability, enabling individuals and families to focus on other essential aspects of their lives.

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Impact




July, 2024

Willow Creek Housing Inc's impact can be seen in the significant difference it makes in providing affordable housing to low-income individuals and their families in North Bethesda, MD. By operating an affordable housing community specifically tailored to the needs of this demographic, Willow Creek Housing Inc plays a vital role in ensuring that these individuals have a safe and stable place to call home. The organization's commitment to its mission of providing affordable housing is evident in the tangible support it offers to those who are most in need. Through its efforts, Willow Creek Housing Inc positively impacts the lives of individuals and families by addressing a critical need for affordable housing in the community.




This information is meant to be a general summary of Willow Creek Housing Inc. 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
N/A (2022)
Expenses
N/A (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $71
  • Program Service Revenue: $719,231
  • Gross Receipts: $2,054,966

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Programs

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

RENTAL INCOME

Revenue

$710,906

ANCILLARY SERVICES

Revenue

$7,198

OTHER INCOME

Revenue

$1,127

Organization Details

Founding Year

1996

Principal Officer

Todd Travis

Main Address

11810 GRAND PARK AVENUE 600, NORTH BETHESDA, MD, 20852

NTEE Category

Code: L20 - Housing

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