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Christian Senior Housing Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581251085 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Christian Senior Housing Foundation Inc?

Christian Senior Housing Foundation Inc, based in Atlanta, Georgia, is a nonprofit organization dedicated to serving the elderly and self-sufficient handicapped. Their primary mission, in accordance with the US Department of HUD's Section 202 Housing Program, is to operate and maintain two apartment complexes, providing them with secure and suitable living environments. The foundation's activities revolve around ensuring the elderly residents have access to comfortable housing, fostering a sense of community and support within these complexes.

What are the reviews and ratings of this charity?

Charity Navigator rating: 79% (Three-Star out of Four Star rating)

Christian Senior Housing Foundation Inc has received a solid Three-Star rating with a score of 79%, indicating a reliable level of accountability and financial health. The organization demonstrates a strong commitment to transparency, as evidenced by its policies on conflict of interest, whistleblowing, and document retention. Moreover, the foundation has a fully independent board, which enhances its governance and decision-making processes.

One of the key strengths of the foundation is its high program expense ratio of 90.56%, reflecting that the majority of its expenditures are directed towards its programs rather than administrative costs. This suggests a focused approach to fulfilling its mission of providing senior housing solutions. Additionally, the organization maintains a low liabilities to assets ratio of 11.79%, indicating a stable financial position.

While the overall performance is commendable, potential donors may consider the room for improvement in the overall score. Continuous efforts to enhance operational efficiency and program impact could further elevate the organization's standing and effectiveness in serving the senior community.


This AI summary has been generated from information found on Charity Navigator.

Is Christian Senior Housing Foundation Inc legitimate?

Christian Senior Housing Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian Senior Housing Foundation 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: $378,293

For more financial information, click here

What is the mission statement of Christian Senior Housing Foundation Inc?

The Christian Senior Housing Foundation Inc's mission is primarily focused on providing housing solutions. Specifically, they operate and maintain two apartment complexes in compliance with the U.S. Department of HUD's Section 202 Housing Program. These facilities are designed to accommodate the elderly and the self-sufficient handicapped, offering them a suitable living environment. The foundation's activities are aligned with the goal of ensuring that these vulnerable groups have access to safe and adequate housing.

Who is the CEO of Christian Senior Housing Foundation Inc?

Earleen Abernathy is the President of Christian Senior Housing Foundation Inc.

What is the revenue of Christian Senior Housing Foundation Inc?

Christian Senior Housing Foundation Inc's revenue in 2022 was $2,579,386.

Who are the executives of Christian Senior Housing Foundation Inc and what are their salaries?

There 7 volunteers at Christian Senior Housing Foundation Inc.


Here are 7 key members and their salaries:


Earleen Abernathy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph F Glenn (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth C Glenn (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert L Reinhart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Gay Reagin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Delacey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Eikhoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Christian Senior Housing Foundation Inc?

Christian Senior Housing Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Christian Senior Housing Foundation Inc

Christian Senior Housing Foundation Inc is dedicated to providing housing solutions for the elderly and the self-sufficient handicapped. In line with the guidelines set by the US Department of HUD's Section 202 Housing Program, the organization operates and maintains two apartment complexes that cater to this demographic. The mission of Christian Senior Housing Foundation Inc is to ensure the elderly and handicapped individuals have access to safe, comfortable, and affordable living spaces, thereby enhancing their quality of life. The foundation meticulously manages these properties, adhering to the program's standards, to offer a supportive and nurturing environment for its residents.

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Impact




July, 2024

Christian Senior Housing Foundation Inc's impact is providing housing for the elderly and self-sufficient handicapped individuals in Atlanta, GA. Through the operation and maintenance of two apartment complexes in accordance with the US Department of HUD's Section 202 Housing Program, this organization ensures that vulnerable populations have safe and affordable housing options. This contributes to the well-being and quality of life for elderly and handicapped individuals who may face challenges in finding suitable housing.




This information is meant to be a general summary of Christian Senior Housing Foundation 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.

Revenue
$2,579,386 (2022)
Expenses
$1,738,924 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $350,166
  • Program Service Revenue: $2,217,535
  • Gross Receipts: $2,579,386

Assets and Liabilities:

  • Total Assets: $11,874,995
  • Total Liabilities: $1,400,961
  • Net Assets: $10,474,034

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENT INCOME APARTMENTS

Revenue

$2,154,704

OTHER PROGRAM INCOME

Revenue

$62,831

Organization Details

Founding Year

1975

Principal Officer

Earleen Abernathy

Main Address

PO BOX 450049, ATLANTA, GA, 31145

NTEE Category

Code: L210 - Housing

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