Overview
What is B'Nai B'Rith Housing New England Inc F/K/A Covenant Housing Initiative?
B'Nai B'Rith Housing New England Inc, formerly known as Covenant Housing Initiative, is a nonprofit organization that specializes in managing subsidized housing. Beyond this primary focus, they extend their services to oversee various charitable facilities and programs. These encompass educational, recreational, and medical ventures, aiming to enrich the lives of the communities they serve. By providing management services for these facilities, B'Nai B'Rith Housing New England Inc contributes to the holistic well-being of their residents and the local community.
Official website here: www.bbhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
B'Nai B'Rith Housing New England Inc, previously known as Covenant Housing Initiative, has achieved a strong Four-Star rating from Charity Navigator, reflecting its robust accountability and financial health. The organization scored 95% in accountability and finance, indicating a strong commitment to transparency and responsible management of its resources.
The organization boasts a fully independent board with 19 members, ensuring diverse perspectives and governance effectiveness. It has implemented comprehensive policies regarding conflict of interest, whistleblower protections, and document retention, which are crucial for maintaining ethical standards. Additionally, the charity demonstrates a solid program expense ratio of 69.37%, showcasing its dedication to directing funds towards its mission-oriented programs.
While the organization has received high marks across various financial metrics, the data does not highlight any significant weaknesses or areas for improvement. Overall, B'Nai B'Rith Housing New England Inc presents itself as a well-managed nonprofit committed to accountability and effective resource use.
This AI summary has been generated from information found on Charity Navigator.
Is B'Nai B'Rith Housing New England Inc F/K/A Covenant Housing Initiative legitimate?
B'Nai B'Rith Housing New England Inc F/K/A Covenant Housing Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. B'Nai B'Rith Housing New England Inc F/K/A Covenant Housing Initiative 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: $314,345
Professional Fundraising Fees: $0
Other Salaries and Wages: $467,230
For more financial information, click here
Official website here: www.bbhousing.org
What is the mission statement of B'Nai B'Rith Housing New England Inc F/K/A Covenant Housing Initiative?
B'Nai B'Rith Housing New England, formerly known as Covenant Housing Initiative, focuses on managing subsidized housing and offering management services for various charitable facilities. These facilities cater to diverse needs, such as education, recreation, and medical programs. The organization's mission is centered around providing essential services to support the well-being of the community, enhancing the quality of life for individuals who reside in the subsidized housing.
Official website here: www.bbhousing.org
Who is the CEO of B'Nai B'Rith Housing New England Inc F/K/A Covenant Housing Initiative?
Burt Gesserman is the Director of B'Nai B'Rith Housing New England Inc F/K/A Covenant Housing Initiative.
Official website here: www.bbhousing.org
What is the revenue of B'Nai B'Rith Housing New England Inc F/K/A Covenant Housing Initiative?
B'Nai B'Rith Housing New England Inc F/K/A Covenant Housing Initiative's revenue in 2022 was $2,938,361.
Official website here: www.bbhousing.org
Who are the executives of B'Nai B'Rith Housing New England Inc F/K/A Covenant Housing Initiative and what are their salaries?
The average compensation at B'Nai B'Rith Housing New England Inc F/K/A Covenant Housing Initiative during 2022 was $111,654. There are 7 employees and 19 volunteers at B'Nai B'Rith Housing New England Inc F/K/A Covenant Housing Initiative.
Here are 26 key members and their salaries:
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- Compensation: $106,473
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- Other: $3,471
Official website here: www.bbhousing.org
Where can I find the form 990 for B'Nai B'Rith Housing New England Inc F/K/A Covenant Housing Initiative?
B'Nai B'Rith Housing New England Inc F/K/A Covenant Housing Initiative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bbhousing.org
Learn more at the official website: www.bbhousing.org
Mission Statement of B'Nai B'Rith Housing New England Inc F/K/A Covenant Housing Initiative
B'Nai B'Rith Housing New England, formerly known as Covenant Housing Initiative, is a nonprofit organization that is dedicated to managing subsidized housing and offering various charitable services. Its mission extends beyond just providing housing, as it also manages facilities for educational, recreational, and medical programs. This multifaceted approach allows B'Nai B'Rith Housing New England to positively impact the lives of its residents and the community at large. The organization's services are designed to enhance the well-being of its residents, offering them opportunities for learning, play, and healthcare. By managing these subsidized housing units and charitable facilities, B'Nai B'Rith Housing New England contributes to the overall improvement of its community.
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Impact
July, 2024
B'Nai B'Rith Housing New England Inc F/K/A Covenant Housing Initiative's impact focuses on managing subsidized housing and providing management services for various charitable facilities and programs, including educational, recreational, and medical services in the city of Brighton, MA. Through these efforts, the organization plays a vital role in addressing housing needs and supporting community development for individuals in need of affordable housing opportunities.
This information is meant to be a general summary of B'Nai B'Rith Housing New England Inc F/K/A Covenant Housing Initiative. 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: $115,357
- Program Service Revenue: $2,717,761
- Gross Receipts: $5,235,602
Assets and Liabilities:
- Total Assets: $10,044,050
- Total Liabilities: $1,071,036
- Net Assets: $8,973,014
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEES & PROJECT MANAGEME
Revenue
$2,717,761
Organization Details
Founding Year
2003
Phone
(617) 731-5291Principal Officer
Burt Gesserman
Main Address
34 WASHINGTON STREET, BRIGHTON, MA, 021357404
Website
www.bbhousing.orgNTEE Category
Code: L19 - Housing
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