Overview
What is Harry And Jeanette Weinberg Woods C/O Chai?
Harry and Jeanette Weinberg Woods C/O Chai is a nonprofit organization that focuses on providing affordable housing solutions for low-income elderly and disabled individuals. With 72 subsidized and below-market apartments, this organization serves as a vital resource in meeting the housing needs of this population, aligning with its mission to offer low-income elderly housing.
Official website here: www.weinbergseniorliving.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Harry And Jeanette Weinberg Woods C/O Chai has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high degree of accountability and financial health. The organization’s score is based entirely on its Accountability & Finance metrics, which scored 96%. This rating indicates that the charity is effectively managing its resources and adhering to best practices in governance.
One of the standout strengths of this organization is its governance structure, which boasts a fully independent board composed of 12 members. This independence contributes to a robust oversight environment, as evidenced by high scores in categories related to financial oversight, conflict of interest policies, and the proper documentation of board meeting minutes. Additionally, the charity's program expense ratio of 93.38% indicates a strong commitment to directing funds toward its mission-driven activities.
While the organization excels in transparency and accountability, there are no noted limitations or concerns in the provided data, which positions it favorably among similar nonprofits. Overall, the Harry And Jeanette Weinberg Woods C/O Chai demonstrates a solid financial foundation and a commitment to ethical governance, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Harry And Jeanette Weinberg Woods C/O Chai legitimate?
Harry And Jeanette Weinberg Woods C/O Chai is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harry And Jeanette Weinberg Woods C/O Chai 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.weinbergseniorliving.com
What is the mission statement of Harry And Jeanette Weinberg Woods C/O Chai?
Harry and Jeanette Weinberg Woods, an organization dedicated to housing, offers subsidized and below-market apartments to low-income elderly and disabled individuals. Their primary mission is to provide affordable living spaces for this specific demographic, thereby addressing the need for low-income elderly housing. The organization fulfills this mission by offering 72 such apartments, ensuring that the elderly and disabled individuals in need have a suitable place to reside.
Official website here: www.weinbergseniorliving.com
What is the revenue of Harry And Jeanette Weinberg Woods C/O Chai?
Harry And Jeanette Weinberg Woods C/O Chai's revenue in 2024 was $790,445.
Official website here: www.weinbergseniorliving.com
Who are the executives of Harry And Jeanette Weinberg Woods C/O Chai and what are their salaries?
Here are 10 key members and their salaries:
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- Related: $225,208
- Other: $9,028
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- Related: $161,246
- Other: $15,685
Official website here: www.weinbergseniorliving.com
Where can I find the form 990 for Harry And Jeanette Weinberg Woods C/O Chai?
Harry And Jeanette Weinberg Woods C/O Chai's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.weinbergseniorliving.com
Learn more at the official website: www.weinbergseniorliving.com
Mission Statement of Harry And Jeanette Weinberg Woods C/O Chai
Harry and Jeanette Weinberg Woods, a nonprofit organization, is committed to providing low-income elderly and disabled individuals with affordable housing options. By offering 72 subsidized and below-market apartments, this organization fulfills its mission of offering affordable living spaces for those in need. The goal is to ensure that elderly and disabled individuals have access to safe and comfortable housing, thereby contributing to their overall well-being. The organization's efforts in this area not only address the immediate need for housing but also contribute to the community by ensuring that vulnerable individuals have a stable living environment.
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Impact
July, 2024
The Harry And Jeanette Weinberg Woods C/O Chai provides a crucial service by offering affordable housing options to low-income elderly and disabled individuals in Baltimore, MD. By providing 72 subsidized and below-market apartments, this organization directly impacts the lives of those in need by ensuring they have a safe and affordable place to call home. This initiative plays a significant role in addressing the housing challenges faced by vulnerable populations, ultimately contributing to the well-being and quality of life of the individuals it serves.
This information is meant to be a general summary of Harry And Jeanette Weinberg Woods C/O Chai. 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 2024.
- Investment Income: $3,307
- Program Service Revenue: $747,898
- Gross Receipts: $790,445
Assets and Liabilities:
- Total Assets: $3,180,417
- Total Liabilities: $240,275
- Net Assets: $2,940,142
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$742,981
LAUNDRY INCOME
Revenue
$4,917
Organization Details
Founding Year
1997
Principal Officer
Mark Pressman
Website
www.weinbergseniorliving.comNTEE Category
Code: P75 - Human services
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