Overview
What is Fluvannalouisa Housing Foundation?
The Fluvannalouisa Housing Foundation is a nonprofit organization situated in the counties of Fluvanna and Louisa, Virginia. Its primary mission is to empower low-income, elderly, and disadvantaged individuals by assisting them in meeting their housing needs, irrespective of their race, religion, or national origin. The foundation accomplishes this through various housing projects and programs, extending beyond providing rentals. It actively supports, sponsors, and undertakes housing initiatives within the aforementioned counties.
Official website here: www.fluvannalouisahousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The Fluvanna-Louisa Housing Foundation has received an 84% score from Charity Navigator, indicating a solid level of accountability and financial health. With a perfect score for independent board members and financial audits, the organization demonstrates strong governance and transparency in its operations. However, it lacks several key policies, including a conflict of interest policy and a whistleblower policy, which may raise concerns about its overall governance practices.
User feedback indicates a positive impact on the community, with clients expressing appreciation for the foundation's support. A review highlighted the charity's initiative in providing wheelchair ramps, emphasizing the direct assistance and safe living conditions it helps create for individuals in need. This hands-on approach showcases the organization's commitment to serving its clients effectively.
Despite its strengths, the absence of certain governance policies could be seen as a limitation. The Fluvanna-Louisa Housing Foundation has a strong program expense ratio, which reflects its focus on direct services, but addressing the noted governance gaps could enhance its overall reputation and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Fluvannalouisa Housing Foundation legitimate?
Fluvannalouisa Housing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fluvannalouisa Housing Foundation 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: $156,376
Professional Fundraising Fees: $0
Other Salaries and Wages: $123,793
For more financial information, click here
Official website here: www.fluvannalouisahousing.org
What is the mission statement of Fluvannalouisa Housing Foundation?
The Fluvannalouisa Housing Foundation's mission is centered around improving the housing needs of disadvantaged individuals, including the low-income, elderly, and those facing various challenges. The foundation promotes and encourages activities and methods to facilitate this improvement, disregarding factors such as race, religion, or national origin. To accomplish this, they sponsor, support, and undertake housing projects within the counties of Fluvanna and Louisa, Virginia. The primary objective is to make housing more accessible for those in need, thereby enhancing their overall living conditions.
Official website here: www.fluvannalouisahousing.org
What is the revenue of Fluvannalouisa Housing Foundation?
Fluvannalouisa Housing Foundation's revenue in 2024 was $874,940.
Official website here: www.fluvannalouisahousing.org
Who are the executives of Fluvannalouisa Housing Foundation and what are their salaries?
The average compensation at Fluvannalouisa Housing Foundation during 2024 was $70,042. There are 4 employees and 5 volunteers at Fluvannalouisa Housing Foundation.
Here are 13 key members and their salaries:
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- Compensation: $92,980
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Official website here: www.fluvannalouisahousing.org
Where can I find the form 990 for Fluvannalouisa Housing Foundation?
Fluvannalouisa Housing Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.fluvannalouisahousing.org
Learn more at the official website: www.fluvannalouisahousing.org
Mission Statement of Fluvannalouisa Housing Foundation
Fluvannalouisa Housing Foundation is an organization dedicated to enhancing the housing capabilities of low-income individuals, the elderly, and disadvantaged persons, regardless of their race, religion, or national origin. The foundation's mission is multifaceted, involving the promotion, development, and encouragement of various activities and means to facilitate housing needs. To achieve this goal, the foundation sponsors, supports, promotes, and undertakes housing projects within the counties of Fluvanna and Louisa, Virginia. By doing so, the Fluvannalouisa Housing Foundation strives to improve the living conditions and opportunities for these vulnerable groups, ensuring they have access to decent and affordable housing.
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Impact
July, 2024
Fluvannalouisa Housing Foundation's impact is seen in its dedication to promoting, developing, and encouraging activities that enhance the ability of low-income, elderly, and disadvantaged individuals to meet their housing needs. Without regard to race, religion, or national origin, the foundation sponsors, supports, promotes, and undertakes housing projects within the counties of Fluvanna and Louisa, Virginia. Through various construction projects, housing programs, and rental assistance, the foundation serves the community by providing essential housing solutions for those in need.
This information is meant to be a general summary of Fluvannalouisa Housing Foundation. 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: $41,327
- Program Service Revenue: $364,738
- Gross Receipts: $874,940
Assets and Liabilities:
- Total Assets: $5,837,891
- Total Liabilities: $2,636,455
- Net Assets: $3,201,436
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL PROPERTIES
Revenue
$215,670
PROGRAM MANAGEMENT FEES
Revenue
$148,736
RAMP SALES
Revenue
$332
Organization Details
Principal Officer
Kimberly Hyland
NTEE Category
Code: L22 - Housing
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