Overview
What is North Carolina Housing Services And Management Corporation?
North Carolina Housing Services and Management Corporation is a nonprofit organization based in Winston-Salem, North Carolina. With 107 employees, their primary mission is to offer service coordination and management for other nonprofit organizations, specifically focusing on low and moderate income housing facilities. Their mission extends to providing quality services and management to elderly individuals living in these facilities, ensuring they maintain a comfortable and secure living environment. The organization's activities are geared towards enhancing the overall quality of life for its residents.
Official website here: www.nchsm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
North Carolina Housing Services and Management Corporation has earned an overall rating of 88% from Charity Navigator, primarily reflecting its solid performance in accountability and finance. The organization boasts a perfect score for having a majority of independent board members, a strong audit and oversight committee, and an excellent program expense ratio, indicating a high percentage of funds directed toward its programs.
However, the organization has noted limitations, particularly in its governance policies. The absence of a conflict of interest policy and a whistleblower policy is a significant area where improvements are needed. Despite these gaps, the financial transparency and effective allocation of resources are commendable strengths that contribute to its positive rating.
In summary, while North Carolina Housing Services and Management Corporation demonstrates a robust commitment to financial accountability, addressing its governance policy shortcomings could enhance its overall effectiveness and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is North Carolina Housing Services And Management Corporation legitimate?
North Carolina Housing Services And Management Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Carolina Housing Services And Management Corporation 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: $228,993
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,128,693
For more financial information, click here
Official website here: www.nchsm.org
What is the mission statement of North Carolina Housing Services And Management Corporation?
The North Carolina Housing Services and Management Corporation is committed to delivering high-quality services and management to elderly and low to moderate income housing facilities. Their mission is to enhance the living conditions of these individuals by providing effective service coordination and management for various nonprofit organizations. This corporation strives to ensure that elderly residents and individuals with modest incomes receive the support they need to maintain a comfortable and secure lifestyle.
Official website here: www.nchsm.org
Who is the CEO of North Carolina Housing Services And Management Corporation?
Tammy Vernon is the Director of North Carolina Housing Services And Management Corporation.
Official website here: www.nchsm.org
What is the revenue of North Carolina Housing Services And Management Corporation?
North Carolina Housing Services And Management Corporation's revenue in 2022 was $4,684,755.
Official website here: www.nchsm.org
Who are the executives of North Carolina Housing Services And Management Corporation and what are their salaries?
The average compensation at North Carolina Housing Services And Management Corporation during 2022 was $31,380. There are 107 employees and 3 volunteers at North Carolina Housing Services And Management Corporation.
Here are 5 key members and their salaries:
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- Compensation: $106,697
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- Compensation: $122,296
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- Other: $0
Official website here: www.nchsm.org
Where can I find the form 990 for North Carolina Housing Services And Management Corporation?
North Carolina Housing Services And Management Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nchsm.org
Learn more at the official website: www.nchsm.org
Mission Statement of North Carolina Housing Services And Management Corporation
North Carolina Housing Services and Management Corporation is dedicated to providing high-quality services and management for housing facilities that cater to elderly and low to moderate income individuals. This nonprofit organization's mission is centered around ensuring the comfort and well-being of its residents, offering them a secure living environment. Beyond just managing these facilities, North Carolina Housing Services and Management Corporation also provides service coordination for various nonprofit organizations. This involvement allows the corporation to oversee and optimize the operations of these organizations, ultimately benefiting the individuals who rely on them for housing.
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Impact
July, 2024
North Carolina Housing Services And Management Corporation's impact lies in its dedication to providing quality services and management to low and moderate income housing facilities. By offering service coordination and management for organizations in need, this corporation contributes to the well-being of elderly and low to moderate income individuals in Winston-Salem, North Carolina. Their mission to ensure quality services for these vulnerable populations in the realm of housing is an essential contribution to creating stability and support within the community.
This information is meant to be a general summary of North Carolina Housing Services And Management Corporation. 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.
- Program Service Revenue: $4,684,432
- Gross Receipts: $4,684,755
Assets and Liabilities:
- Total Assets: $778,334
- Total Liabilities: $46,715
- Net Assets: $731,619
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PAYROLL & OTHER REIMBU
Revenue
$3,682,708
PROPERTY MANAGEMENT FE
Revenue
$1,001,724
Organization Details
Founding Year
1998
Phone
(336) 765-3906Principal Officer
Tammy Vernon
Main Address
2585 W CLEMMONSVILLE RD SUITE 102, WINSTONSALEM, NC, 27127
Website
www.nchsm.orgNTEE Category
Code: L02 - Housing
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