Overview
What is Brown-Lawson Housing Development Corp?
Brown-Lawson Housing Development Corp is a South Carolina-based nonprofit organization, established with the mission to construct, own, and operate a 72-unit apartment complex named Shiloh-Randolph Manor, situated in Sumter, South Carolina. This endeavor falls under Section 202 of the National Housing Act. The corporation has collaborated with the Federal Housing Administration section of HUD, entering into standard regulatory agreements for the project's operation. To support elderly individuals aged 62+, the organization secures rent assistance through a Housing Assistance Payment Contract (HAP) under Section 8 of the National Housing Act.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (71%)
Brown-Lawson Housing Development Corp has received a two-star rating from Charity Navigator, indicating that there are significant areas needing improvement. While the organization excels in certain aspects, such as maintaining a fully independent board and demonstrating a high program expense ratio of 96.63%, it faces challenges related to financial oversight and transparency.
The nonprofit has achieved high scores for its accountability and financial practices, with a strong emphasis on the independence of its board and the absence of material diversion of assets. However, it falls short in key areas, including the absence of crucial policies such as whistleblower and document retention policies. Additionally, the organization has not made its tax forms publicly available on its website, which detracts from its overall accountability.
Overall, while Brown-Lawson Housing Development Corp shows a commitment to its mission through efficient program spending, it must address the noted deficiencies in governance and transparency to improve its standing and foster greater trust among its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Brown-Lawson Housing Development Corp legitimate?
Brown-Lawson Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brown-Lawson Housing Development Corp 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:
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What is the mission statement of Brown-Lawson Housing Development Corp?
Brown-Lawson Housing Development Corp, as a South Carolina not-for-profit organization, was established with the purpose of constructing, owning, and managing a 72-unit apartment complex. This complex, known as Shiloh-Randolph Manor, was built in Sumter, South Carolina, in compliance with Section 202 of the National Housing Act. The corporation entered into standard regulatory agreements with the Federal Housing Administration section of HUD for the operation of the project. A Housing Assistance Payment Contract (HAP) with HUD under Section 8 of the National Housing Act provides rental assistance to elderly individuals aged 62+. In essence, the organization's mission is to provide affordable housing and rent assistance for the elderly.
Who is the CEO of Brown-Lawson Housing Development Corp?
Reverend William S Randol is the Principal Officer of Brown-Lawson Housing Development Corp.
What is the revenue of Brown-Lawson Housing Development Corp?
Brown-Lawson Housing Development Corp's revenue in 2022 was $913,073.
Who are the executives of Brown-Lawson Housing Development Corp and what are their salaries?
There 7 volunteers at Brown-Lawson Housing Development Corp.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Brown-Lawson Housing Development Corp?
Brown-Lawson Housing Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Brown-Lawson Housing Development Corp
Brown-Lawson Housing Development Corp, a South Carolina-based not-for-profit corporation, was established with the purpose of constructing, owning, and operating a 72-unit senior housing complex named Shiloh-Randolph Manor. This endeavor was carried out in compliance with Section 202 of the National Housing Act. The corporation has entered into standard regulatory agreements with the Federal Housing Administration (FHA) section of the Housing and Urban Development (HUD) to oversee the project's operations. Furthermore, Brown-Lawson Housing Development Corp secured a Housing Assistance Payment Contract (HAP) under Section 8 of the National Housing Act, which offers rental aid to elderly individuals aged 62 and above, residing in the Shiloh-Randolph Manor. This assistance enables these senior residents to afford the rent, thereby ensuring they can maintain a comfortable living environment.
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Impact
July, 2024
Brown-Lawson Housing Development Corp's impact can be seen in the construction, ownership, and operation of Shiloh-Randolph Manor, a 72-unit apartment complex in Sumter, South Carolina. This initiative provides much-needed affordable housing for elderly individuals aged 62 and above. Through its Housing Assistance Payment Contract (HAP) with HUD under Section 8 of the National Housing Act, the organization offers rent assistance to support the housing needs of this vulnerable demographic. Consequently, Brown-Lawson Housing Development Corp plays a vital role in addressing housing challenges and improving the quality of life for elderly residents in Sumter.
This information is meant to be a general summary of Brown-Lawson Housing Development Corp. 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: $297
- Program Service Revenue: $234,829
- Gross Receipts: $913,073
Assets and Liabilities:
- Total Assets: $2,263,128
- Total Liabilities: $2,280,597
- Net Assets: -$17,469
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$222,124
LAUNDRY AND VENDING
Revenue
$12,705
Organization Details
Founding Year
1978
Phone
(803) 775-0575Principal Officer
Reverend William S Randol
Main Address
125 W BARTLETTE STREET, SUMTER, SC, 29150
NTEE Category
Code: L21Z - Housing
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