Overview
What is Dowling Park Home Inc?
Dowling Park Home Inc is a nonprofit organization situated in Live Oak, Florida. The primary focus of this organization is to offer affordable housing options for senior adults, with a total of 80 apartments available. The rent for these units is subsidized based on the residents' income levels, in compliance with the Federal Department of Housing and Urban Development's guidelines. Additionally, Dowling Park Home Inc participates in the HUD Congregate Housing Services Program, providing essential services such as meals, personal assistance, and housekeeping to its residents. The organization aims to improve the quality of life for senior citizens in the community, offering them a safe and comfortable living environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Dowling Park Home Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability & Finance. This high score indicates that the organization adheres to rigorous financial practices and governance, which is crucial for donors looking for reputable nonprofits. The overall score is entirely based on a single beacon score, showcasing its commitment to transparency and responsibility.
The organization demonstrates a high level of accountability with an independent board consisting of 13 members, achieving full points for both majority independent board members and board size. Financial oversight is robust, with an audit and oversight committee in place, and the organization has no reported material diversions of assets, highlighting its integrity in financial management.
Additionally, Dowling Park Home Inc maintains several valuable policies, including conflict of interest and whistleblower policies, which further enhance its credibility. With a program expense ratio of 89.90%, it allocates a significant portion of its resources directly to its programs, indicating a strong focus on its mission. Overall, Dowling Park Home Inc exemplifies financial health and governance excellence, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Dowling Park Home Inc legitimate?
Dowling Park Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dowling Park Home 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: $69,022
For more financial information, click here
What is the mission statement of Dowling Park Home Inc?
Dowling Park Home Inc's mission is centered around providing affordable housing units for senior citizens. This is done under Section 236 of the National Housing Act. The organization goes beyond just providing housing, participating in the HUD Congregate Housing Services Program to offer additional services such as meals, personal assistance, and housekeeping to its residents. The purpose of these additional services is to support the well-being and independence of the senior citizens residing in the housing units. The rent subsidy program operated by Dowling Park Home Inc is in collaboration with the Federal Department of Housing and Urban Development, ensuring that senior adults can afford to live in these units based on their income level.
Who is the CEO of Dowling Park Home Inc?
Craig Carter is the Ceo of Dowling Park Home Inc. The CEO's salary of Dowling Park Home Inc is $0 and their total compensation is $168,232.
What is the revenue of Dowling Park Home Inc?
Dowling Park Home Inc's revenue in 2022 was $825,095.
Who are the executives of Dowling Park Home Inc and what are their salaries?
The average compensation at Dowling Park Home Inc during 2022 was $34,511. There are 2 employees and 29 volunteers at Dowling Park Home Inc.
Here are 12 key members and their salaries (Dowling Park Home Inc's CEO's salary is $0 and their total compensation is $168,232):
- Compensation: $0
- Related: $125,760
- Other: $42,472
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Dowling Park Home Inc?
Dowling Park Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dowling Park Home Inc
Dowling Park Home Inc, a nonprofit organization, is committed to providing affordable housing units for senior citizens. Operating under Section 236 of the National Housing Act, the organization offers 80 apartments at reduced rent prices based on the residents' income levels. Beyond just housing, Dowling Park Home Inc also participates in the HUD Congregate Housing Services Program. This program enables the organization to provide additional services such as meals, personal assistance, and housekeeping to its senior residents, ensuring they live with comfort and care. By providing these essential services, Dowling Park Home Inc seeks to improve the quality of life for its elderly residents, offering them a sense of community and support in their golden years.
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Impact
July, 2024
Dowling Park Home Inc provides vital low-cost housing units for senior citizens under Section 236 of the National Housing Act. By offering 80 apartments at a discounted rate from the fair market rent, based on the residents' income levels, the organization ensures that senior adults have access to safe and affordable housing. Additionally, by participating in HUD's Congregate Housing Services Program, Dowling Park Home Inc goes a step further to provide essential services like meals, personal assistance, and housekeeping to its residents. This impactful work directly supports the well-being and quality of life of senior citizens in Live Oak, FL, enabling them to age with dignity and security.
This information is meant to be a general summary of Dowling Park Home 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.
- Program Service Revenue: $819,516
- Gross Receipts: $825,095
Assets and Liabilities:
- Total Assets: $1,274,816
- Total Liabilities: $144,912
- Net Assets: $1,129,904
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$703,309
CONGREGATE SERVICE
Revenue
$116,207
Organization Details
Founding Year
1972
Principal Officer
Craig Carter
Main Address
PO BOX 4327, Live Oak, FL, 32064
NTEE Category
Code: L22Z - Housing
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