Overview
What is Women And Families Housing Corporation?
Women and Families Housing Corporation is a nonprofit organization, established with a mission to promote affordable housing for low-income families in Philadelphia, Pennsylvania. Operating on a charitable basis, they manage and provide housing solutions for this demographic, dedicating their efforts towards improving living conditions for these families. Their primary focus lies in overseeing low-income housing units, working tirelessly to ensure accessibility and affordability for those who need it most.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Star rating (73%)
The Women And Families Housing Corporation has received a "Needs Improvement" rating from Charity Navigator, with an overall score of 73%. This rating is indicative of some challenges the organization may face in terms of transparency and efficiency. While their accountability and finance score is on the lower end, the organization demonstrates certain strengths, such as having an entirely independent board (10 out of 10 points) and a favorable liabilities to assets ratio, indicating sound financial management.
The organization excels in its program expense ratio, allocating 100% of its expenses directly to its programs. This focus suggests a commitment to utilizing funds effectively for service delivery. Additionally, the organization documents board meeting minutes thoroughly, which contributes positively to their governance practices. However, concerns about specific financial transparency and operational practices may require attention to improve their overall rating.
Despite its strong points, the two-star rating highlights that potential donors and supporters should approach with caution. Continuous improvement in accountability practices would benefit the organization and enhance its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Women And Families Housing Corporation legitimate?
Women And Families Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Women And Families Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Women And Families Housing Corporation?
The Women and Families Housing Corporation is committed to promoting affordable housing for low-income families. Operating on a non-profit charitable basis, their mission is to foster the development and management of such housing. They strive to provide a living space that is within the financial reach of families who might otherwise be unable to secure adequate housing. The corporation's activities extend beyond just housing management, as they aim to make a meaningful impact on the lives of those they serve.
Who is the CEO of Women And Families Housing Corporation?
Nora Lichtash is the President of Women And Families Housing Corporation.
What is the revenue of Women And Families Housing Corporation?
Women And Families Housing Corporation's revenue in 2021 was $56,540.
Who are the executives of Women And Families Housing Corporation and what are their salaries?
There 3 volunteers at Women And Families Housing Corporation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Women And Families Housing Corporation?
Women And Families Housing Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Women And Families Housing Corporation
Women and Families Housing Corporation, a non-profit organization, is dedicated to promoting affordable housing for low-income families. Their mission is to operate housing on a charitable basis, providing a much-needed solution for those who struggle financially. By fostering low-income housing, this non-profit seeks to make a significant impact, ensuring that families in need have a secure place to call home. Their efforts in this area are carried out through the management of affordable housing units in Philadelphia, PA. By providing this service, Women and Families Housing Corporation plays a vital role in supporting the well-being and stability of low-income families, allowing them to focus on other aspects of their lives.
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Impact
August, 2024
Women And Families Housing Corporation has a significant impact on low-income families in Philadelphia, PA by providing affordable housing opportunities. Through its mission to foster low-income housing and operate on a non-profit charitable basis, the organization helps address the housing needs of vulnerable individuals and families. By managing low-income housing in the city, Women And Families Housing Corporation plays a crucial role in ensuring that low-income households have a safe and stable place to live. Their work directly impacts the well-being and quality of life of those in need, making a positive difference in the community.
This information is meant to be a general summary of Women And Families Housing 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 2021.
- Investment Income: $56,540
- Gross Receipts: $56,540
Assets and Liabilities:
- Total Assets: $1,961,017
- Total Liabilities: $0
- Net Assets: $1,961,017
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Organization Details
Founding Year
2003
Phone
(215) 627-5550Principal Officer
Nora Lichtash
Main Address
100 West Oxford Street, Philadelphia, PA, 19122
NTEE Category
Code: P12 - Human services
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