Overview
What is Cleveland Bradley Housing Corporation?
Cleveland Bradley Housing Corporation is a nonprofit organization situated in Tennessee, specifically benefiting the low-income communities of Bradley and McMinn counties. Their primary mission involves sponsoring, developing, and managing housing programs designed to cater to the needs of this population sector. Through their activities, they strive to improve living conditions and provide essential housing services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating. This rating reflects the Cleveland Bradley Housing Corporation's performance in accountability and finance, indicating there are areas for improvement despite some strengths.
The organization demonstrates a strong commitment to governance, with 100% of its board members being independent and a well-documented conflict of interest policy in place. The lack of any material diversion of assets and a favorable liabilities to assets ratio further contribute positively to its financial management profile. Additionally, a high program expense ratio suggests that the majority of expenses are directed towards its mission-related activities.
However, the overall rating of 71% indicates that the Cleveland Bradley Housing Corporation has room for improvement in its accountability and financial practices. While it excels in certain areas, enhancing transparency and financial efficiency could bolster its rating and public confidence in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Cleveland Bradley Housing Corporation legitimate?
Cleveland Bradley Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cleveland Bradley Housing Corporation 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.
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What is the mission statement of Cleveland Bradley Housing Corporation?
Cleveland Bradley Housing Corporation is dedicated to supporting low-income communities. Through sponsoring, developing, and operating housing programs, they aim to positively impact the population in Bradley and McMinn counties, Tennessee. Their mission is to enhance the living conditions and opportunities for individuals who fall under the low-income category. By offering these housing programs, they strive to contribute to a more equitable living situation for these individuals.
Who is the CEO of Cleveland Bradley Housing Corporation?
Demetrius Ramsey is the Director of Cleveland Bradley Housing Corporation.
What is the revenue of Cleveland Bradley Housing Corporation?
Cleveland Bradley Housing Corporation's revenue in 2022 was $499,913.
Who are the executives of Cleveland Bradley Housing Corporation and what are their salaries?
Here are 22 key members and their salaries:
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Where can I find the form 990 for Cleveland Bradley Housing Corporation?
Cleveland Bradley Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cleveland Bradley Housing Corporation
Cleveland Bradley Housing Corporation is dedicated to making a positive impact in the lives of individuals from low-income communities in Bradley and McMinn counties, Tennessee. Through their sponsorship, development, and operation of housing programs, this nonprofit organization aims to provide essential benefits to this population segment. The mission of Cleveland Bradley Housing Corporation is to enhance the living conditions and opportunities for those who may otherwise be underserved, thereby contributing to a more equitable society. By implementing various housing initiatives, the corporation aims to make a tangible difference in the lives of its beneficiaries, ultimately promoting social and economic mobility.
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Impact
July, 2024
Cleveland Bradley Housing Corporation's impact is evident in its successful operation of a low-income housing program that benefits the underserved population of Bradley and McMinn counties in Tennessee. Through its sponsorship, development, and management of affordable housing initiatives, Cleveland Bradley Housing Corporation plays a vital role in providing essential housing opportunities for those in need. This organization's commitment to addressing the housing needs of low-income individuals has a direct and positive impact on the communities it serves, contributing to improved quality of life and social well-being.
This information is meant to be a general summary of Cleveland Bradley Housing Corporation. 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.
- Program Service Revenue: $293,444
- Gross Receipts: $499,913
Assets and Liabilities:
- Total Assets: $1,349,375
- Total Liabilities: $356,113
- Net Assets: $993,262
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$293,444
Organization Details
Founding Year
1993
Phone
(423) 479-4111Principal Officer
Demetrius Ramsey
Main Address
PO BOX 3297, CLEVELAND, TN, 37320
NTEE Category
Code: L200 - Housing
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