Overview
What is United Church Residences Of Covington?
United Church Residences of Covington, also known as Fox Hollow Community, is a nonprofit organization situated in Marion, Ohio. Their primary mission is to offer subsidized apartment rental housing to around 40 low-income elderly and/or handicapped individuals, funded through the U.S. Department of HUD's Section 202 program. This nonprofit is dedicated to providing safe and affordable living spaces for those in need. With a staff of two individuals, they strive to contribute positively to their community.
Official website here: www.unitedchurchhomes.org/housing_tn_fox.php
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (66%, Two-Star out of Four Star rating)
United Church Residences of Covington has received a Two-Star rating from Charity Navigator, indicating that the organization needs improvement in its overall performance. While it has a decent score of 66% in the Accountability & Finance category, the rating highlights some areas of concern, particularly the lack of independent board members which has resulted in a score of 0 out of 10 points in that specific criterion. However, the organization has demonstrated good practices in other areas, including having a large independent board size and effective policies for conflict of interest and whistleblower protections.
The nonprofit scored well in maintaining the integrity of its assets and ensuring proper documentation of board meeting minutes. Additionally, it has a strong policy framework for document retention and destruction, which are critical for transparency and accountability. However, the organization faces significant challenges in terms of financial management, as indicated by its liabilities to assets ratio, which scored 0 out of 15 points.
Overall, while United Church Residences of Covington shows strengths in governance and policy adherence, the financial management issues and lack of independent oversight raise red flags that the organization needs to address to improve its overall rating and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is United Church Residences Of Covington legitimate?
United Church Residences Of Covington is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Church Residences Of Covington 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: $39,063
For more financial information, click here
Official website here: www.unitedchurchhomes.org/housing_tn_fox.php
What is the mission statement of United Church Residences Of Covington?
The United Church Residences Of Covington is dedicated to serving the community by providing safe and affordable housing for individuals who are financially disadvantaged, specifically focusing on the elderly and those with disabilities. This is achieved through their participation in the U.S. Department of HUD Section 202 program, which allows them to offer subsidized apartment rentals to approximately 40 eligible residents. This organization's primary goal is to contribute to the well-being of these individuals by ensuring they have a reliable and affordable place to call home.
Official website here: www.unitedchurchhomes.org/housing_tn_fox.php
Who is the CEO of United Church Residences Of Covington?
John Bertsch is the President of United Church Residences Of Covington.
Official website here: www.unitedchurchhomes.org/housing_tn_fox.php
What is the revenue of United Church Residences Of Covington?
United Church Residences Of Covington's revenue in 2022 was $496,047.
Official website here: www.unitedchurchhomes.org/housing_tn_fox.php
Who are the executives of United Church Residences Of Covington and what are their salaries?
The average compensation at United Church Residences Of Covington during 2022 was $19,532. There are 2 employees at United Church Residences Of Covington.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $394,111
- Other: $23,013
- Compensation: $0
- Related: $196,746
- Other: $22,822
Official website here: www.unitedchurchhomes.org/housing_tn_fox.php
Where can I find the form 990 for United Church Residences Of Covington?
United Church Residences Of Covington's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unitedchurchhomes.org/housing_tn_fox.php
Learn more at the official website: www.unitedchurchhomes.org/housing_tn_fox.php
Mission Statement of United Church Residences Of Covington
United Church Residences Of Covington is dedicated to serving low-income individuals, specifically the elderly and those with disabilities. Their primary mission is to provide them with safe and affordable housing. This is achieved through their participation in the U.S. Department of HUD's Section 202 program, which allows them to offer subsidized apartment rental units to approximately 40 eligible individuals. By doing so, United Church Residences Of Covington contributes to enhancing the living conditions of these individuals, ensuring they have a secure and comfortable place to call home.
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Impact
July, 2024
United Church Residences Of Covington's impact lies in providing safe and affordable housing for low-income elderly and/or handicapped individuals in Marion, Ohio. Through the U.S. Dept. of HUD Section 202 Program, the organization offers subsidized apartment rental housing to around 40 individuals who may not have access to suitable housing otherwise. This directly contributes to improving the quality of life for these vulnerable populations by ensuring they have a secure and comfortable place to call home.
This information is meant to be a general summary of United Church Residences Of Covington. 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: $125
- Program Service Revenue: $143,356
- Gross Receipts: $496,047
Assets and Liabilities:
- Total Assets: $1,286,049
- Total Liabilities: $1,043,933
- Net Assets: $242,116
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent Revenue
Revenue
$143,356
Organization Details
Founding Year
1987
Phone
(740) 382-4885Principal Officer
John Bertsch
Main Address
170 East Center Street PO Box 1806, Marion, OH, 433011806
NTEE Category
Code: L22 - Housing
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