Overview
What is Ansonborough Housing Corporation?
Ansonborough Housing Corporation is a nonprofit organization situated in Charleston, South Carolina, specifically at 71 Society Street, 29401. Their primary mission is to cater to the housing needs of senior citizens, offering subsidized accommodation to 81 individuals. The corporation engages in various activities to fulfill this objective, including building, managing, and supervising senior citizen housing facilities, as well as providing related services. With a dedicated team of 10 employees, Ansonborough Housing Corporation strives to enhance the living conditions and support system for senior citizens in its community.
Official website here: www.charlestonareaseniors.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Ansonborough Housing Corporation received an overall score of 81%, primarily reflecting its strong performance in the Accountability & Finance category. This score indicates that the organization has a solid foundation in financial stewardship and governance practices, which is vital for maintaining donor trust and ensuring effective use of resources.
The organization excels in having a fully independent board and demonstrates high scores in several areas, including financial statements oversight and adherence to policies such as conflict of interest and whistleblower protections. Additionally, Ansonborough Housing Corporation shows a commendable program expense ratio of 95.89%, highlighting its commitment to utilizing funds for its mission-driven activities.
However, there is a notable limitation in the Liabilities to Assets ratio, where it scored 0 out of 15 points, suggesting potential concerns regarding the organization's financial structure and liabilities. Overall, while Ansonborough Housing Corporation scores well in accountability, understanding its financial liabilities will be important for a comprehensive assessment of its long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Ansonborough Housing Corporation legitimate?
Ansonborough Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ansonborough 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: $194,872
For more financial information, click here
Official website here: www.charlestonareaseniors.org
What is the mission statement of Ansonborough Housing Corporation?
Ansonborough Housing Corporation's mission is centered around constructing, managing, and overseeing senior citizen housing facilities. This organization goes beyond its basic duties, providing a wide range of related services for the senior residents. The corporation's mission statement, in essence, is to build, manage, and supervise senior citizen housing facilities and offer any necessary related services. This dedication extends to providing subsidized housing for 81 senior citizens.
Official website here: www.charlestonareaseniors.org
Who is the CEO of Ansonborough Housing Corporation?
Donna Cook is the Board Member of Ansonborough Housing Corporation.
Official website here: www.charlestonareaseniors.org
What is the revenue of Ansonborough Housing Corporation?
Ansonborough Housing Corporation's revenue in 2022 was $1,366,247.
Official website here: www.charlestonareaseniors.org
Who are the executives of Ansonborough Housing Corporation and what are their salaries?
The average compensation at Ansonborough Housing Corporation during 2022 was $19,487. There are 10 employees and 5 volunteers at Ansonborough Housing Corporation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.charlestonareaseniors.org
Where can I find the form 990 for Ansonborough Housing Corporation?
Ansonborough Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.charlestonareaseniors.org
Learn more at the official website: www.charlestonareaseniors.org
Mission Statement of Ansonborough Housing Corporation
Ansonborough Housing Corporation is dedicated to constructing, managing, and overseeing senior citizen housing facilities, as well as providing related services. Their mission is to ensure the comfort and well-being of elderly residents by offering subsidized housing and any necessary assistance. With this objective in mind, they successfully accommodate 81 senior citizens within their facilities. By providing these essential services, Ansonborough Housing Corporation aims to contribute to the overall well-being and independence of senior citizens, enabling them to live with dignity and security.
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Impact
July, 2024
Ansonborough Housing Corporation's impact lies in providing subsidized housing to 81 senior citizens in Charleston, SC. By building, managing, and supervising senior citizen housing facilities, they are fulfilling their mission to support the elderly population and ensure they have a comfortable and safe place to call home. The organization's focus on providing affordable housing for seniors contributes positively to the community by addressing a critical need and enhancing the overall well-being of the elderly residents they serve.
This information is meant to be a general summary of Ansonborough 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 2022.
- Investment Income: $900
- Program Service Revenue: $239,468
- Gross Receipts: $1,366,247
Assets and Liabilities:
- Total Assets: $7,516,833
- Total Liabilities: $7,311,493
- Net Assets: $205,340
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$230,184
PARKING
Revenue
$5,400
LAUNDRY ROOM INCOME
Revenue
$2,933
DAMAGES AND CLEANING FEES
Revenue
$717
VENDING SERVICES
Revenue
$197
Organization Details
Founding Year
1984
Phone
(843) 722-4127Principal Officer
Donna Cook
Main Address
71 SOCIETY STREET, CHARLESTON, SC, 29401
NTEE Category
Code: L22 - Housing
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