Overview
What is Retiree Housing Of Atlanta Inc?
Retiree Housing of Atlanta Inc, situated in Lyndhurst, Ohio, is a nonprofit organization dedicated to providing affordable housing solutions. With a modest workforce of two individuals, they specialize in offering low-income housing units specifically designed for the elderly and disabled residents. Their mission is crystal clear: to make housing accessible and comfortable for this specific demographic, ensuring they can live with dignity and independence.
Official website here: www.retireehousing.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (62%)
Retiree Housing Of Atlanta Inc has received a two-star rating from Charity Navigator, indicating that there are areas for improvement in its accountability and financial practices. The organization shows a high program expense ratio of 98.26%, suggesting that a significant portion of its funds is directed towards its stated programs. However, concerns are raised due to a liability to assets ratio of 133.81%, which indicates financial instability.
The organization boasts a majority independent board, with 66% of its members being independent. It has scored well in areas such as financial statements oversight and the absence of asset diversion. Despite these strengths, there are notable weaknesses, including missing policies on conflict of interest and whistleblower protections, which are critical for maintaining transparency and trust.
Overall, while Retiree Housing Of Atlanta Inc demonstrates a commitment to using funds effectively for its programs, the lack of key governance policies and financial stability raises red flags that potential donors should consider before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Retiree Housing Of Atlanta Inc legitimate?
Retiree Housing Of Atlanta Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Retiree Housing Of Atlanta 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: $29,894
For more financial information, click here
Official website here: www.retireehousing.com
What is the mission statement of Retiree Housing Of Atlanta Inc?
Retiree Housing of Atlanta Inc is committed to providing low-income housing for elderly and disabled residents. Their mission encompasses offering a living space for individuals who may have limited financial resources. This organization has dedicated 24 units specifically designed for this purpose, aiming to provide a secure and comfortable environment for these residents. Their primary goal is to ensure that these vulnerable groups have access to decent housing, thereby enhancing their quality of life.
Official website here: www.retireehousing.com
Who is the CEO of Retiree Housing Of Atlanta Inc?
John Joyce is the Secretary of Retiree Housing Of Atlanta Inc.
Official website here: www.retireehousing.com
What is the revenue of Retiree Housing Of Atlanta Inc?
Retiree Housing Of Atlanta Inc's revenue in 2023 was $594,822.
Official website here: www.retireehousing.com
Who are the executives of Retiree Housing Of Atlanta Inc and what are their salaries?
The average compensation at Retiree Housing Of Atlanta Inc during 2023 was $14,947. There are 2 employees at Retiree Housing Of Atlanta Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.retireehousing.com
Where can I find the form 990 for Retiree Housing Of Atlanta Inc?
Retiree Housing Of Atlanta Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.retireehousing.com
Learn more at the official website: www.retireehousing.com
Mission Statement of Retiree Housing Of Atlanta Inc
Retiree Housing Of Atlanta Inc is dedicated to providing low-income housing for elderly and disabled residents. This nonprofit organization's mission is centered around offering a safe and comfortable living environment for individuals who may be facing financial challenges and physical limitations. By providing 24 units of housing, Retiree Housing Of Atlanta Inc plays a crucial role in addressing the housing needs of this vulnerable population, enabling them to live with dignity and independence. The organization's commitment to this mission is evident in its provision of housing, ensuring that elderly and disabled residents have a secure place to call home.
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Impact
July, 2024
Retiree Housing of Atlanta Inc's impact lies in providing low-income housing for elderly and disabled residents in Lyndhurst, Ohio. Through its 24 units, this organization plays a crucial role in ensuring that vulnerable populations have access to safe and affordable housing, thereby contributing to their well-being and quality of life. This initiative aligns with the mission of Retiree Housing of Atlanta Inc to address the housing needs of elderly and disabled individuals, ultimately making a positive difference in their lives.
This information is meant to be a general summary of Retiree Housing Of Atlanta 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 2023.
- Investment Income: $231
- Program Service Revenue: $71,971
- Gross Receipts: $594,822
Assets and Liabilities:
- Total Assets: $1,245,643
- Total Liabilities: $1,666,859
- Net Assets: -$421,216
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$71,971
Organization Details
Founding Year
1987
Phone
(216) 360-8333Principal Officer
John Joyce
Main Address
5845 LANDERBROOK DRIVE, LYNDHURST, OH, 44124
Website
www.retireehousing.comNTEE Category
Code: L99Z - Housing
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