Overview
What is Jh Floyd Sunshine Village Inc?
Jh Floyd Sunshine Village Inc is a nonprofit organization situated in Spring Valley, New York, specifically at 86 Route 59 East. Its primary focus is to offer safe and reasonably priced subsidized apartment rental housing to individuals aged 62 and above who fall under the category of low-income earners. The organization operates with a mission to provide housing and services to the elderly community, running a 59-unit apartment building in Sarasota, Florida, which it owns and manages. The nonprofit employs a modest workforce of five individuals to carry out its mission effectively.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
Jh Floyd Sunshine Village Inc has received a 77% rating from Charity Navigator, demonstrating a solid performance in terms of accountability and finance. This rating reflects a strong commitment to financial transparency and effective governance, as indicated by the charity scoring full points in multiple categories, including independent board membership and financial audits.
The organization is praised for having a completely independent board, with all members contributing to robust governance. Their financial statements are audited, ensuring accountability, and they have implemented comprehensive policies on conflicts of interest and whistleblower protections, which are crucial for maintaining ethical standards. Additionally, an impressive program expense ratio of 92.55% suggests that a significant portion of their funds is directed towards their charitable programs.
While the charity's overall score is based solely on its accountability and finance metrics, which are commendable, this may limit insights into other operational areas such as program impact or community engagement. However, their strong financial practices and governance structures indicate a responsible approach to managing donor resources.
This AI summary has been generated from information found on Charity Navigator.
Is Jh Floyd Sunshine Village Inc legitimate?
Jh Floyd Sunshine Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jh Floyd Sunshine Village 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: $80,582
For more financial information, click here
What is the mission statement of Jh Floyd Sunshine Village Inc?
Jh Floyd Sunshine Village Inc's mission is centered around providing housing and essential services to low-income elderly adults. The organization operates a 59-unit apartment building, which it manages and maintains, with the primary goal of offering safe and affordable subsidized housing to individuals aged 62 and above who are financially disadvantaged. The organization's main objective is to enhance the living conditions of these elderly adults by providing them with a secure and economical housing solution.
Who is the CEO of Jh Floyd Sunshine Village Inc?
George Bumbray is the President of Jh Floyd Sunshine Village Inc.
What is the revenue of Jh Floyd Sunshine Village Inc?
Jh Floyd Sunshine Village Inc's revenue in 2022 was $723,536.
Who are the executives of Jh Floyd Sunshine Village Inc and what are their salaries?
The average compensation at Jh Floyd Sunshine Village Inc during 2022 was $16,116. There are 5 employees at Jh Floyd Sunshine Village Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Jh Floyd Sunshine Village Inc?
Jh Floyd Sunshine Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jh Floyd Sunshine Village Inc
Jh Floyd Sunshine Village Inc, a nonprofit organization, is dedicated to providing a mission of housing and support services to low-income elderly adults. Located in an apartment building they own and manage, this organization in Sarasota, Florida, offers safe and affordable subsidized housing units to individuals aged 62 and above. The primary objective of Jh Floyd Sunshine Village Inc is to ensure that these elderly adults have a secure living environment that caters to their financial constraints. The organization strives to make a positive impact on the lives of these individuals, providing them with the stability and comfort they need during their golden years.
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Impact
July, 2024
Jh Floyd Sunshine Village Inc provides crucial rental housing to low-income adults aged 62 and older. Their impact lies in offering safe and affordable subsidized apartments to this vulnerable demographic, ensuring they have a place to call home and access to essential services. By owning and operating a 59-unit apartment building in Sarasota, Florida, this organization plays a vital role in supporting low-income elderly adults in securing stable housing. Through their dedication to providing housing and services, Jh Floyd Sunshine Village Inc greatly contributes to improving the quality of life for elderly individuals in need.
This information is meant to be a general summary of Jh Floyd Sunshine Village 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: $166
- Program Service Revenue: $141,995
- Gross Receipts: $723,536
Assets and Liabilities:
- Total Assets: $1,594,906
- Total Liabilities: $2,133,340
- Net Assets: -$538,434
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT FROM RESIDENTS
Revenue
$141,995
Organization Details
Founding Year
1991
Phone
(941) 955-9367Principal Officer
George Bumbray
Main Address
86 Route 59 East, Spring Valley, NY, 10977
NTEE Category
Code: L22 - Housing
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