Overview
What is Greenville Elderly Housing Inc?
Greenville Elderly Housing Inc is a nonprofit organization situated in Atlanta, Georgia. Their primary mission is to provide and manage an apartment complex that caters to the housing needs of low-income elderly individuals, aligning with the guidelines set by the Department of Housing and Urban Development. The organization operates under Section 202 of the National Housing Act, owning and operating a rental property specifically designed for this demographic. The aim is to offer a secure and accommodating living environment, contributing positively to the well-being of the elderly community in the area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
Greenville Elderly Housing Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in the area of Accountability & Finance. The organization has achieved a score of 79%, reflecting its commitment to transparent financial practices. The score is driven primarily by its strong fiscal responsibility and governance, showcasing an independent board and well-structured policies.
The charity boasts a perfect score in several governance areas, including an entirely independent board and comprehensive financial audits. Additionally, it has established policies on conflicts of interest and whistleblower protections, which enhance its accountability. The program expense ratio is also impressive at 92.77%, indicating that a significant portion of its budget is directed towards its mission-related activities.
While the overall rating is positive, the single-beacon score suggests that additional evaluations in areas such as impact measurement could provide a more holistic view of the organization's effectiveness. Nonetheless, Greenville Elderly Housing Inc demonstrates strong financial stewardship, positioning it as a reliable nonprofit for supporting elderly housing initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Greenville Elderly Housing Inc legitimate?
Greenville Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenville 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: $124,060
For more financial information, click here
What is the mission statement of Greenville Elderly Housing Inc?
Greenville Elderly Housing Inc's primary mission is to oversee the operation of a rental housing property, specifically catering to low-income elderly individuals. This is in accordance with Section 202 of the National Housing Act. The organization's objectives include managing an apartment complex that adheres to the guidelines set by the Department of Housing and Urban Development, ensuring that elderly residents with limited income have access to suitable living accommodations.
Who is the CEO of Greenville Elderly Housing Inc?
Gerald E Eickhoff is the President of Greenville Elderly Housing Inc.
What is the revenue of Greenville Elderly Housing Inc?
Greenville Elderly Housing Inc's revenue in 2022 was $581,795.
Who are the executives of Greenville Elderly Housing Inc and what are their salaries?
There 7 volunteers at Greenville Elderly Housing Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Greenville Elderly Housing Inc?
Greenville Elderly Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Greenville Elderly Housing Inc
Greenville Elderly Housing Inc, as a nonprofit organization, is dedicated to owning and operating a rental housing property specifically for low-income elderly individuals. This mission aligns with Section 202 of the National Housing Act. The main objective of Greenville Elderly Housing Inc is to provide a suitable living space for this particular demographic, ensuring they have access to affordable housing. The organization is responsible for maintaining and operating an apartment complex in accordance with the guidelines set by the Department of Housing and Urban Development, ensuring a comfortable and secure living environment for its residents.
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Impact
July, 2024
Greenville Elderly Housing Inc's impact is significant in providing affordable housing options for low-income elderly individuals in Atlanta, Georgia. By owning and operating a rental housing property under Section 202 of the National Housing Act, the organization ensures that elderly residents have a safe and affordable place to call home. This allows older individuals with limited financial resources to have a stable living situation and access to necessary housing amenities. Through their dedicated efforts, Greenville Elderly Housing Inc plays a crucial role in addressing the housing needs of the elderly population in the community.
This information is meant to be a general summary of Greenville 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: $296
- Program Service Revenue: $581,168
- Gross Receipts: $581,795
Assets and Liabilities:
- Total Assets: $1,639,334
- Total Liabilities: $2,213,415
- Net Assets: -$574,081
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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
$580,358
TENANT CHARGES
Revenue
$810
Organization Details
Founding Year
1988
Phone
(770) 496-0598Principal Officer
Gerald E Eickhoff
Main Address
PO BOX 450049, ATLANTA, GA, 31145
NTEE Category
Code: L21Z - Housing
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