Overview
What is Ga Elderly Housing Inc?
Ga Elderly Housing Inc, based in Atlanta, Georgia, is a nonprofit organization that adheres to the National Housing Act. Their primary mission is to own and operate a rental housing property, providing suitable residences for low-income elderly individuals. This aligns with Section 202 of the National Housing Act. The organization manages an apartment complex with the assistance of the Department of Housing and Urban Development, ensuring the elderly residents have access to safe and comfortable living spaces.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
Ga Elderly Housing Inc has received a Three-Star rating from Charity Navigator, indicating a good level of accountability and finance management. The overall score is derived entirely from the Accountability & Finance beacon, demonstrating a strong emphasis on these aspects. The charity scored particularly well in areas such as having a fully independent board and maintaining a high program expense ratio, with nearly 91% of expenditures directed towards its programs.
Strengths include a robust governance structure, as evidenced by the independent board members and the implementation of essential policies like conflict of interest and whistleblower protections. The organization also excels in audit oversight and transparency, which are critical for fostering donor trust. These elements contribute to the overall financial health and operational integrity of Ga Elderly Housing Inc.
However, while the charity shows strong financial accountability, potential donors may want to consider additional factors such as program impact and overall mission effectiveness, as these are not reflected in the rating. Continuous monitoring of these areas can ensure that the charity not only maintains its financial standing but also maximizes its positive impact on the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Ga Elderly Housing Inc legitimate?
Ga Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ga 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: $159,360
For more financial information, click here
What is the mission statement of Ga Elderly Housing Inc?
Ga Elderly Housing Inc's mission is centered around providing affordable housing for elderly individuals with low income. Following the principles of the National Housing Act, specifically Section 202, the organization owns and operates a rental property to cater to this demographic. Their primary objective is to ensure the operation and maintenance of this apartment complex in accordance with the regulations set by the Department of Housing and Urban Development. This housing initiative aims to provide a safe and comfortable living environment for elderly individuals, thereby enhancing their quality of life.
Who is the CEO of Ga Elderly Housing Inc?
Gerald Eickhoff is the President of Ga Elderly Housing Inc.
What is the revenue of Ga Elderly Housing Inc?
Ga Elderly Housing Inc's revenue in 2022 was $932,057.
Who are the executives of Ga Elderly Housing Inc and what are their salaries?
There 6 volunteers at Ga Elderly Housing Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Ga Elderly Housing Inc?
Ga Elderly Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ga Elderly Housing Inc
Ga Elderly Housing Inc, as per its mission, is dedicated to providing and managing a rental housing property for low-income elderly individuals. This alignment is in accordance with Section 202 of the National Housing Act. The organization's primary objective is to ensure the operation and maintenance of an apartment complex, catering specifically to the needs of the elderly population with limited income. By adhering to the guidelines set by the Department of Housing and Urban Development, Ga Elderly Housing Inc strives to create a safe and comfortable living environment for its elderly residents. The organization's endeavors are geared towards enhancing the quality of life for these individuals, providing them with a secure and dignified living space.
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Impact
July, 2024
Ga Elderly Housing Inc provides affordable housing options for low-income elderly individuals in Atlanta, Georgia. Through their operation and maintenance of an apartment complex, they offer a safe and comfortable living environment for the elderly population in accordance with the requirements of the Department of Housing and Urban Development. By owning and operating rental housing properties under Section 202 of the National Housing Act, Ga Elderly Housing Inc plays a crucial role in ensuring that elderly individuals have access to suitable housing options despite financial constraints. Their impact is significant in addressing the housing needs of low-income elderly persons and improving their overall quality of life.
This information is meant to be a general summary of Ga 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: $3,204
- Program Service Revenue: $926,303
- Gross Receipts: $932,057
Assets and Liabilities:
- Total Assets: $1,227,387
- Total Liabilities: $1,706,091
- Net Assets: -$478,704
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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
$645,253
RENTAL AND OTHER INCOM
Revenue
$281,050
Organization Details
Founding Year
1986
Phone
(770) 496-0598Principal Officer
Gerald Eickhoff
Main Address
PO BOX 450049, ATLANTA, GA, 31145
NTEE Category
Code: L22 - Housing
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