Overview
What is Florida Christian Apartments Inc?
Florida Christian Apartments Inc, located at 1115 Edgewood Avenue 5, Jacksonville, Florida 32205, is a nonprofit organization committed to offering housing solutions for low-income elderly individuals. The organization operates under Section 236 of the National Housing Act and has an agreement with the Department of Housing and Urban Development (HUD). Their primary mission is to provide suitable living accommodations for this specific demographic, contributing to their well-being and ensuring they have access to a comfortable and secure living environment.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88%, Three-Star out of Four Star rating.
Florida Christian Apartments Inc has received a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization benefits from an independent board with 100% of its members being independent, and it has effectively implemented key governance policies, such as conflict of interest and whistleblower policies. Its financial oversight practices are robust, as evidenced by a well-structured audit and oversight committee.
The charity demonstrates a high program expense ratio of 92.08%, showing that the majority of its funds are directed towards programs rather than administrative costs. However, the liabilities to assets ratio of 58.37% suggests that while the organization is managing its assets responsibly, there may be some financial risks that need monitoring. Overall, Florida Christian Apartments Inc is recognized for its transparency and commitment to effective financial practices, although prospective donors should be aware of its financial liability ratios.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Christian Apartments Inc legitimate?
Florida Christian Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Christian Apartments 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: $296,227
For more financial information, click here
What is the mission statement of Florida Christian Apartments Inc?
Florida Christian Apartments Inc, as part of its mission, provides housing for low-income elderly individuals. This is done under Section 236 of the National Housing Act, in an agreement with the Department of Housing and Urban Development. The organization's primary goal is to offer a comfortable living environment for this specific demographic, ensuring they have access to adequate housing. The apartment complex operates under the guidance and regulations set by the National Housing Act and the Department of Housing and Urban Development.
Who is the CEO of Florida Christian Apartments Inc?
Daniel R Davis is the President of Florida Christian Apartments Inc.
What is the revenue of Florida Christian Apartments Inc?
Florida Christian Apartments Inc's revenue in 2022 was $2,288,180.
Who are the executives of Florida Christian Apartments Inc and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Florida Christian Apartments Inc?
Florida Christian Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Florida Christian Apartments Inc
Florida Christian Apartments Inc, as a nonprofit organization, is committed to providing housing for low-income elderly individuals. This commitment is underpinned by an agreement with the Department of Housing and Urban Development (HUD) under Section 236 of the National Housing Act. The organization's mission is to create an environment where these elderly individuals can reside with dignity and security, ensuring they have access to essential housing necessities. By doing so, Florida Christian Apartments Inc contributes to the overall well-being and independence of this vulnerable population.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Florida Christian Apartments Inc has a significant impact on the community by providing housing to low-income elderly persons under Section 236 of the National Housing Act in Jacksonville, FL. This crucial service helps address the needs of vulnerable elderly individuals who may struggle to afford suitable housing on their own. Through their agreement with the Department of HUD, Florida Christian Apartments Inc plays a vital role in ensuring that elderly individuals have access to safe and affordable housing, improving their quality of life and overall well-being.
This information is meant to be a general summary of Florida Christian Apartments 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: $5,202
- Program Service Revenue: $2,282,978
- Gross Receipts: $2,288,180
Assets and Liabilities:
- Total Assets: $6,350,065
- Total Liabilities: $3,722,412
- Net Assets: $2,627,653
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL OF HSG TO ELDERLY
Revenue
$2,282,978
Organization Details
Founding Year
1972
Phone
(205) 639-5125Principal Officer
Daniel R Davis
Main Address
1115 EDGEWOOD AVENUE 5, JACKSONVILLE, FL, 322055381
NTEE Category
Code: L22 - Housing
If you are a representative of Florida Christian Apartments Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.