Overview
What is Georgia Infirmary Non-Profit Housing Corporation?
Georgia Infirmary Non-Profit Housing Corporation is a nonprofit organization situated in Savannah, Georgia, at 1900 Lincoln Street. Their primary mission is to offer secure and affordable housing to the elderly and disabled, totaling approximately 175 units. The corporation adheres to the guidelines set by the United States Department of Housing and Urban Development (HUD) to ensure the well-being and comfort of its residents. The organization aims to assist its residents in meeting their needs and desires, thereby preventing early institutional housing. With around 10 employees, Georgia Infirmary Non-Profit Housing Corporation focuses on offering a pleasant living environment, prioritizing the security and comfort of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
The Georgia Infirmary Non-Profit Housing Corporation has received a 79% rating from Charity Navigator, indicating a solid level of accountability and financial health. This score is derived exclusively from their performance in accountability and finance, reflecting their commitment to transparency and responsible financial practices. The organization enjoys a fully independent board, which enhances its governance and operational integrity.
Strengths of the Georgia Infirmary include its strong program expense ratio of 89.92%, demonstrating that a significant portion of funds is directed towards its mission-related activities. The organization has also established important policies, such as conflict of interest and whistleblower protections, which are critical for maintaining ethical standards. Their financial oversight is robust, as evidenced by their audit committee and thorough documentation practices.
However, the rating does highlight a concern regarding their liabilities to assets ratio, which stands at 168.96%. This suggests potential financial risk, as the organization has more liabilities than assets. While the organization demonstrates strong governance practices, stakeholders may want to monitor this aspect closely to ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Georgia Infirmary Non-Profit Housing Corporation legitimate?
Georgia Infirmary Non-Profit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia Infirmary Non-Profit 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: $88,525
Professional Fundraising Fees: $0
Other Salaries and Wages: $429,081
For more financial information, click here
What is the mission statement of Georgia Infirmary Non-Profit Housing Corporation?
The Georgia Infirmary Non-Profit Housing Corporation's mission is centered around providing safe and affordable housing for both the elderly and disabled individuals. This is done in an environment that promotes comfort and security for all residents. The organization adheres to the guidelines set by the United States Department of Housing and Urban Development (HUD) in its housing program. The Corporation operates approximately 175 units located in Savannah, Georgia, ensuring that these individuals have a place to call home with necessary support.
What is the revenue of Georgia Infirmary Non-Profit Housing Corporation?
Georgia Infirmary Non-Profit Housing Corporation's revenue in 2023 was $2,590,681.
Who are the executives of Georgia Infirmary Non-Profit Housing Corporation and what are their salaries?
The average compensation at Georgia Infirmary Non-Profit Housing Corporation during 2023 was $47,055. There are 11 employees and 3 volunteers at Georgia Infirmary Non-Profit Housing Corporation.
Here are 13 key members and their salaries:
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- Compensation: $68,045
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- Other: $20,480
Where can I find the form 990 for Georgia Infirmary Non-Profit Housing Corporation?
Georgia Infirmary Non-Profit Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Georgia Infirmary Non-Profit Housing Corporation
The Georgia Infirmary Non-Profit Housing Corporation is dedicated to providing safe, affordable housing for the elderly and disabled individuals. This mission is carried out in pleasant surroundings that guarantee comfort and security for all residents. The organization adheres to the guidelines set by the United States Department of Housing and Urban Development (HUD) in ensuring the successful implementation of its housing program. The Corporation's housing units, numbering around 175, are located in Savannah, Georgia. The organization's primary goal is to aid its residents in meeting their needs and wants, ultimately working to prevent premature institutional housing.
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Impact
July, 2024
Georgia Infirmary Non-Profit Housing Corporation provides safe, affordable housing in pleasant surroundings for elderly and disabled residents in Savannah, Georgia. By offering HUD subsidized housing, the organization ensures comfort and security for approximately 175 individuals. This initiative helps prevent premature institutional housing and supports residents in meeting their needs and desires within the guidelines of the United States Department of Housing and Urban Development (HUD).
This information is meant to be a general summary of Georgia Infirmary Non-Profit 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 2023.
- Investment Income: $164
- Program Service Revenue: $2,590,418
- Gross Receipts: $2,590,681
Assets and Liabilities:
- Total Assets: $2,362,097
- Total Liabilities: $3,954,550
- Net Assets: -$1,592,453
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental of Housing Unit
Revenue
$2,412,653
Service Coordinator Re
Revenue
$153,826
Other Tenant Charges
Revenue
$23,939
Organization Details
Founding Year
1977
Principal Officer
Tammy Kenkel
NTEE Category
Code: L22Z - Housing
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