Overview
What is Humanities Housing Inc?
Humanities Housing Inc., situated in Mount Pleasant, South Carolina, serves as a non-profit Community Housing Development Organization (CHDO). Their primary role is to facilitate the creation of affordable housing by acting as a general partner or managing member, allowing them to access funds exclusively available to non-profits. By gathering community input regarding the housing and service needs of the low-income population they serve, Humanities Housing Inc. ensures that their initiatives are tailored to the community's specific requirements. In addition, they provide education on the availability of affordable housing and actively seek input from the community on suitable locations for new housing developments. The organization's mission is to offer low-income housing to individuals and their families, contributing positively to the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72% (Two-Star out of Four Star rating)
Humanities Housing Inc has received a Two-Star rating from Charity Navigator, indicating some strengths in accountability and finance but also notable areas of concern. The organization boasts a solid program expense ratio of 77.73%, demonstrating a commitment to channeling funds into programs rather than administrative costs. Additionally, it has achieved full marks for its independent board members and the absence of material diversion of assets, which are positive indicators of governance.
However, the organization has significant issues reflected in its liabilities to assets ratio, which stands at 115.40%. This suggests potential financial instability, a factor that could raise questions about the sustainability of its operations. Furthermore, while the charity has a conflict of interest policy and effective document retention practices in place, it lacks a whistleblower policy, which can be critical for ensuring transparency and accountability within the organization.
In summary, while Humanities Housing Inc shows some strengths in governance and program funding, the financial health concerns and missing policies could impact its overall effectiveness and public perception. Stakeholders may want to monitor these elements as they consider their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Humanities Housing Inc legitimate?
Humanities Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Humanities Housing Inc 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: $122,535
For more financial information, click here
What is the mission statement of Humanities Housing Inc?
Humanities Housing Inc, functioning as a non-profit community housing development organization (CHDO), is committed to providing low-income housing for individuals and their families. Serving as a general partner or managing member, the CHDO secures funding, which is exclusively available to non-profits, to facilitate the creation of affordable housing. The organization gathers community input to understand the housing and service needs of the low-income population it serves. Furthermore, Humanities Housing Inc. provides community education about the availability of affordable housing and actively seeks input on where these housing units should be located.
Who is the CEO of Humanities Housing Inc?
Tracy T Doran is the President of Humanities Housing Inc.
What is the revenue of Humanities Housing Inc?
Humanities Housing Inc's revenue in 2022 was $60,682.
Who are the executives of Humanities Housing Inc and what are their salaries?
The average compensation at Humanities Housing Inc during 2022 was $24,507. There are 5 employees and 8 volunteers at Humanities Housing Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $87,655
- Other: $17,629
- Compensation: $0
- Related: $188,821
- Other: $21,218
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Humanities Housing Inc?
Humanities Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Humanities Housing Inc
Humanities Housing Inc, as a non-profit community housing development organization, is committed to addressing the housing needs of low-income individuals and their families. Acting as a general partner or managing member, this organization facilitates the creation of affordable housing by accessing funds exclusively available to nonprofits. By gathering community input related to the housing and service needs of the low-income population it serves, Humanities Housing Inc ensures that its initiatives align with the needs of its community. In addition, the organization provides community education on the availability of affordable housing and seeks input on where housing should be located, furthering its mission to make affordable housing accessible to those in need.
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Impact
August, 2024
Humanities Housing Inc's impact is substantial in providing low-income housing to individuals and their families in Mount Pleasant, SC. As a non-profit community housing development organization (CHDO), Humanities Housing Inc. plays a crucial role in facilitating the creation of affordable housing by accessing funds available only to CHDOs. This enables the organization to gather community input on housing and service needs of the low-income population it serves. Humanities Housing Inc. also provides community education on the availability of affordable housing and seeks input on the best locations for such housing developments. Through these efforts, Humanities Housing Inc. significantly contributes to addressing the housing challenges faced by low-income individuals and families in the community.
This information is meant to be a general summary of Humanities Housing Inc. 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: $51,784
- Program Service Revenue: $8,898
- Gross Receipts: $60,682
Assets and Liabilities:
- Total Assets: $830,040
- Total Liabilities: $957,948
- Net Assets: -$127,908
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME
Revenue
$7,368
ADMINISTRATION FEES
Revenue
$1,530
Organization Details
Founding Year
1994
Phone
(843) 856-4120Principal Officer
Tracy T Doran
Main Address
474 WANDO PARK BLVD STE 102, MOUNT PLEASANT, SC, 29464
NTEE Category
Code: B29 - Education
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