Overview
What is Camba Housing Ventures Inc?
Camba Housing Ventures Inc, based in Brooklyn, New York, is a nonprofit organization committed to creating sustainable and energy-efficient buildings that offer safe and affordable housing for low-income families and individuals, many of whom were formerly homeless. Their mission is to develop and provide permanent supportive housing, ensuring a stable living environment for those in need. They are dedicated to improving the lives of their community members by providing them with a secure and affordable place to call home.
Official website here: www.cambahousingventures.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94%
Camba Housing Ventures Inc has earned a Four-Star out of Four Star rating from Charity Navigator, highlighting its strong accountability and financial practices. The organization scored exceptionally well, with a perfect score of 100% for having an entirely independent board and robust oversight mechanisms, including an audit committee that received full points. This indicates a high level of governance and transparency, which is crucial for maintaining donor trust.
The nonprofit demonstrates a solid commitment to financial health, as evidenced by its program expense ratio of 84.41%, suggesting that a significant portion of its resources is directed toward its mission. Additionally, the organization shows a manageable liabilities-to-assets ratio of 52.64%, reflecting its ability to meet financial obligations without compromising its operational integrity.
While the overall rating is impressive, it’s essential for stakeholders to remain informed about the organization's ongoing efforts and any potential changes in financial dynamics. Continuous monitoring of performance and impact will ensure that Camba Housing Ventures Inc remains aligned with its mission and accountable to the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Camba Housing Ventures Inc legitimate?
Camba Housing Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Camba Housing Ventures 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cambahousingventures.org
What is the mission statement of Camba Housing Ventures Inc?
Camba Housing Ventures Inc, as an affordable housing development organization, is dedicated to creating sustainable and energy-efficient buildings. Their primary aim is to provide safe and affordable housing for low-income families and individuals who have previously been homeless. By developing such buildings, Camba Housing Ventures Inc contributes to the betterment of society by offering a viable housing solution for those in need. Their mission is to contribute to the well-being of these individuals and families, ensuring they have a stable living environment.
Official website here: www.cambahousingventures.org
Who is the CEO of Camba Housing Ventures Inc?
Joanne M Oplustil is the Chairwoman Emeritus of Camba Housing Ventures Inc. The CEO's salary of Camba Housing Ventures Inc is $0 and their total compensation is $644,551.
Official website here: www.cambahousingventures.org
What is the revenue of Camba Housing Ventures Inc?
Camba Housing Ventures Inc's revenue in 2022 was $5,695,790.
Official website here: www.cambahousingventures.org
Who are the executives of Camba Housing Ventures Inc and what are their salaries?
Here are 13 key members and their salaries (Camba Housing Ventures Inc's CEO's salary is $0 and their total compensation is $644,551):
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- Related: $552,393
- Other: $92,158
- Compensation: $0
- Related: $629,018
- Other: $58,038
- Compensation: $0
- Related: $395,303
- Other: $80,387
- Compensation: $0
- Related: $270,159
- Other: $17,681
- Compensation: $0
- Related: $269,277
- Other: $42,180
Official website here: www.cambahousingventures.org
Where can I find the form 990 for Camba Housing Ventures Inc?
Camba Housing Ventures Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cambahousingventures.org
Learn more at the official website: www.cambahousingventures.org
Mission Statement of Camba Housing Ventures Inc
Camba Housing Ventures Inc is an affordable housing development organization that strives to create sustainable and energy-efficient buildings. Their mission is to provide safe and affordable housing for low-income families and individuals who have previously experienced homelessness. By developing these buildings, Camba Housing Ventures Inc aims to contribute to the community by offering a secure living space for those in need. Their focus on energy efficiency not only reduces environmental impact but also helps to keep costs down, ensuring that the housing remains affordable for its residents.
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Impact
July, 2024
Camba Housing Ventures Inc develops and provides permanent supportive housing for low-income and formerly homeless individuals in Brooklyn, NY. Their focus is on creating sustainable and energy-efficient buildings that offer safe and affordable housing for those in need. Through their mission of developing affordable housing solutions, Camba Housing Ventures Inc positively impacts the lives of low-income and formerly homeless families and individuals by providing them with stable housing options.
This information is meant to be a general summary of Camba Housing Ventures 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $274,424
- Program Service Revenue: $5,118,046
- Gross Receipts: $5,695,790
Assets and Liabilities:
- Total Assets: $28,617,986
- Total Liabilities: $13,420,807
- Net Assets: $15,197,179
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEE REVENUE
Revenue
$4,812,610
ADMINISTRATIVE FEE INC
Revenue
$305,436
Organization Details
Founding Year
2004
Phone
(718) 287-2600Principal Officer
Joanne M Oplustil
Main Address
1720 CHURCH AVENUE, BROOKLYN, NY, 11226
Website
www.cambahousingventures.orgNTEE Category
Code: L99 - Housing
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