Overview
What is Student Housing Of America Inc?
Student Housing of America Inc, based in Atlanta, Georgia, is a nonprofit organization primarily engaged in the development, ownership, and operation of student housing projects. They specialize in assisting both governmental and non-profit universities in fulfilling their housing needs, ensuring that students have suitable accommodations. Their operations extend to Baton Rouge, Louisiana, where they own and manage a student housing facility for students attending Southern University. This facility is operated by Baton Rouge Student Housing, LLC, a disregarded entity affiliated with Student Housing of America Inc.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Student Housing Of America Inc has received a two-star rating from Charity Navigator, indicating the organization has areas needing enhancement, particularly in financial transparency. The accountability and finance score stands at 64%, suggesting that while there are strengths, significant improvements are necessary, particularly in the availability of financial statements and the liabilities to assets ratio, which is notably high.
One of the organizational strengths is the commitment to governance, as evidenced by the presence of 100% independent board members and policies for conflict of interest, whistleblower protection, and document retention. Additionally, the organization demonstrates a strong program expense ratio of 96.83%, indicating a high proportion of its budget is directed towards its mission-related activities.
However, the lack of financial statements and a missing website on the tax form raise concerns about transparency and accessibility of information for donors and stakeholders. Future efforts should focus on addressing these gaps to improve overall accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Student Housing Of America Inc legitimate?
Student Housing Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Student Housing Of America 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: $351,304
For more financial information, click here
What is the mission statement of Student Housing Of America Inc?
Student Housing of America Inc's mission is centered around the development, ownership, and operation of student housing projects. Their primary goal is to aid governmental or non-profit universities in fulfilling their housing needs by developing, owning, and operating student housing facilities. By doing so, they contribute to providing suitable living spaces for students, thereby supporting the educational institutions' growth and success. The organization, through its subsidiary Baton Rouge Student Housing, L.L.C., owns and operates a student housing facility for students of Southern University, reflecting their commitment to this mission.
Who is the CEO of Student Housing Of America Inc?
Samuel Wiggins is the Chairman of Student Housing Of America Inc.
What is the revenue of Student Housing Of America Inc?
Student Housing Of America Inc's revenue in 2022 was $4,459,972.
Who are the executives of Student Housing Of America Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
Where can I find the form 990 for Student Housing Of America Inc?
Student Housing Of America Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Student Housing Of America Inc
Student Housing Of America Inc, as an organization, is dedicated to the development, ownership, and operation of student housing projects. Their mission is to assist governmental or non-profit universities in fulfilling their housing needs by developing, owning, and operating student housing facilities. This mission aims to provide suitable living spaces for university students, contributing to their overall educational experience.
To accomplish this, Student Housing Of America Inc owns and operates student housing facilities. One such example is Baton Rouge Student Housing, LL.C., a disregarded entity under its umbrella, which owns and operates a student housing facility for students of Southern University. This demonstrates the organization's commitment to providing quality accommodations for university students, ensuring they have a comfortable living environment as they pursue their academic goals.
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Impact
July, 2024
Student Housing of America Inc's impact lies in its mission to develop, own, and operate student housing facilities to assist governmental or non-profit universities in fulfilling their housing needs. By owning and operating student housing projects such as Baton Rouge Student Housing, L.L.C., the organization provides safe and accessible housing options for students, particularly those attending Southern University. This contributes to creating a conducive and supportive environment for students pursuing their education by ensuring they have suitable accommodation options. The organization's focus on housing as a vital component of the student experience serves to enhance the overall educational journey for college students.
This information is meant to be a general summary of Student Housing Of America 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: $12,411
- Program Service Revenue: $3,823,347
- Gross Receipts: $4,459,972
Assets and Liabilities:
- Total Assets: $18,887,768
- Total Liabilities: $36,309,400
- Net Assets: -$17,421,632
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$3,823,347
Organization Details
Founding Year
1999
Phone
(404) 364-2900Principal Officer
Samuel Wiggins
Main Address
1819 PEACHTREE ROAD NE 520, ATLANTA, GA, 30309
NTEE Category
Code: L80 - Housing
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