Overview
What is Rock Hill Elderly Housing Inc?
Rock Hill Elderly Housing Inc is a nonprofit organization situated in Atlanta, Georgia. The primary focus of their operations is to manage an apartment complex, providing affordable housing for elderly individuals with low income. They adhere to the guidelines set by the Department of Housing and Urban Development, ensuring the property caters to the specific needs of its elderly residents. The organization's mission is to own and operate a rental housing property for low-income elderly individuals under Section 202 of the National Housing Act. This commitment involves offering a secure living environment and essential amenities, contributing to the well-being of its residence community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
Rock Hill Elderly Housing Inc has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization’s overall score is built solely upon its Accountability & Finance metrics, which reflects a strong commitment to transparency and responsible management of resources.
Strengths highlighted in the evaluation include a fully independent board, with all members meeting the criteria for independence. The organization has also excelled in various financial governance aspects, such as having a conflict of interest policy, a whistleblower policy, and thorough documentation of board meeting minutes. Additionally, a high program expense ratio of over 90% signifies that a significant portion of the organization’s funds is directed toward its mission-related activities.
While the charity shows robust governance and financial practices, the reliance on a single beacon score means that other aspects of its operations, such as program effectiveness or community impact, are not represented in the rating. This could provide a limited view of the organization's overall performance and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Rock Hill Elderly Housing Inc legitimate?
Rock Hill Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rock Hill Elderly 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: $127,906
For more financial information, click here
What is the mission statement of Rock Hill Elderly Housing Inc?
Rock Hill Elderly Housing Inc, as an organization, is dedicated to owning and managing a rental housing property specifically for low-income elderly individuals. This mission is in line with Section 202 of the National Housing Act. The company operates an apartment complex, providing accommodations that adhere to the guidelines set by the Department of Housing and Urban Development. The primary goal is to provide a living space for elderly individuals who fall under the category of low income, ensuring they have access to suitable housing.
Who is the CEO of Rock Hill Elderly Housing Inc?
Gerald Eickhoff is the President of Rock Hill Elderly Housing Inc.
What is the revenue of Rock Hill Elderly Housing Inc?
Rock Hill Elderly Housing Inc's revenue in 2022 was $551,433.
Who are the executives of Rock Hill Elderly Housing Inc and what are their salaries?
There 6 volunteers at Rock Hill Elderly Housing Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Rock Hill Elderly Housing Inc?
Rock Hill Elderly Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rock Hill Elderly Housing Inc
Rock Hill Elderly Housing Inc, as a nonprofit organization, is dedicated to providing a rental housing property for low-income elderly individuals. This mission is in alignment with Section 202 of the National Housing Act. The primary objective of Rock Hill Elderly Housing Inc is to own and manage an apartment complex that caters specifically to elderly people with limited financial resources. The organization ensures that its operations and maintenance of the property adhere to the guidelines set by the Department of Housing and Urban Development, thereby providing a safe and comfortable living environment for its residents. By offering affordable housing options, Rock Hill Elderly Housing Inc plays a crucial role in supporting the elderly community, enabling them to maintain their independence and dignity in their later years.
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Impact
July, 2024
Rock Hill Elderly Housing Inc's impact lies in providing affordable housing options for low-income elderly individuals in Atlanta, GA. By owning and operating a rental housing property specifically designed for this demographic, Rock Hill Elderly Housing Inc plays a crucial role in addressing the housing needs of a vulnerable population. This organization ensures that elderly individuals have access to safe and secure living arrangements, promoting their well-being and quality of life. Through its mission to offer affordable housing under Section 202 of the National Housing Act, Rock Hill Elderly Housing Inc contributes to creating a supportive environment for those in need.
This information is meant to be a general summary of Rock Hill Elderly 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: $231
- Program Service Revenue: $551,100
- Gross Receipts: $551,433
Assets and Liabilities:
- Total Assets: $555,199
- Total Liabilities: $876,298
- Net Assets: -$321,099
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD SUBSIDY RENTAL INC
Revenue
$359,691
RENTAL AND OTHER INCOM
Revenue
$191,409
Organization Details
Founding Year
1987
Phone
(770) 496-0598Principal Officer
Gerald Eickhoff
Main Address
PO BOX 450049, ATLANTA, GA, 31145
NTEE Category
Code: L22Z - Housing
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