Overview
What is North Dade Senior Citizens Housing Development Corporation Inc?
North Dade Senior Citizens Housing Development Corporation Inc is a nonprofit organization situated in Plantation, Florida, specifically at 1200 South Pine Island Road STE 725. Their primary mission is to provide and manage affordable housing for the elderly and individuals with disabilities. This mission is supported by the Department of Housing and Urban Development, ensuring the operation of these housing facilities adheres to necessary regulations and assistance. With a team of seven employees, they strive to make a significant impact in their community, offering a safe and supportive living environment for these vulnerable groups.
Official website here: www.ehdoc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
North Dade Senior Citizens Housing Development Corporation Inc has received a low rating primarily due to its financial management practices. Despite achieving full points for having an independent board and good oversight on financial statements, it falls short in critical areas such as conflict of interest and whistleblower policies, both of which are missing. This raises concerns about the overall governance and accountability of the organization.
The organization does show some strengths, including a high percentage of independent board members and a solid program expense ratio of nearly 60%. However, the liabilities to assets ratio is concerning at over 166%, indicating potential financial instability. Additionally, the absence of key policies and required documents on its website suggests a lack of transparency that may deter potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is North Dade Senior Citizens Housing Development Corporation Inc legitimate?
North Dade Senior Citizens Housing Development Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Dade Senior Citizens Housing Development Corporation 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: $196,416
For more financial information, click here
Official website here: www.ehdoc.org
What is the mission statement of North Dade Senior Citizens Housing Development Corporation Inc?
North Dade Senior Citizens Housing Development Corporation Inc is dedicated to providing housing for elderly and handicapped individuals who fall under the low-income bracket. This mission is carried out in collaboration with the Department of Housing and Urban Development, ensuring that the facilities meet necessary regulations and standards. The corporation's primary objective is to offer a living space that is both safe and affordable for this specific group of individuals, aiming to enhance their quality of life.
Official website here: www.ehdoc.org
Who is the CEO of North Dade Senior Citizens Housing Development Corporation Inc?
Melanie Ribeiro is the Director of North Dade Senior Citizens Housing Development Corporation Inc.
Official website here: www.ehdoc.org
What is the revenue of North Dade Senior Citizens Housing Development Corporation Inc?
North Dade Senior Citizens Housing Development Corporation Inc's revenue in 2022 was $1,403,951.
Official website here: www.ehdoc.org
Who are the executives of North Dade Senior Citizens Housing Development Corporation Inc and what are their salaries?
The average compensation at North Dade Senior Citizens Housing Development Corporation Inc during 2022 was $28,059. There are 7 employees at North Dade Senior Citizens Housing Development Corporation Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $296,416
- Other: $110,501
- 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
Official website here: www.ehdoc.org
Where can I find the form 990 for North Dade Senior Citizens Housing Development Corporation Inc?
North Dade Senior Citizens Housing Development Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ehdoc.org
Learn more at the official website: www.ehdoc.org
Mission Statement of North Dade Senior Citizens Housing Development Corporation Inc
North Dade Senior Citizens Housing Development Corporation Inc is dedicated to providing affordable housing for the elderly and individuals with disabilities. This nonprofit organization operates under the supervision and assistance of the Department of Housing and Urban Development (HUD). Its primary mission is to ensure that senior citizens and individuals with special needs have access to safe and comfortable living environments. By doing so, North Dade Senior Citizens Housing Development Corporation Inc contributes to the well-being of vulnerable populations, offering them a sense of security and independence. The organization's operations adhere to strict regulations set by HUD, ensuring that the living conditions meet the necessary standards and that the residents receive the necessary support services.
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Impact
July, 2024
North Dade Senior Citizens Housing Development Corporation Inc provides vital support to low-income elderly and handicapped individuals by offering affordable housing options that are regulated and assisted by the Department of Housing and Urban Development. By fulfilling this crucial role in the community, the organization helps to ensure that vulnerable populations have access to safe and appropriate housing that meets their specific needs. This impact extends beyond just providing physical shelter, as stable housing is an essential component of overall well-being and quality of life for seniors and individuals with disabilities. Through its dedication to this mission, North Dade Senior Citizens Housing Development Corporation Inc positively contributes to the overall welfare of its residents and the community at large.
This information is meant to be a general summary of North Dade Senior Citizens Housing Development Corporation 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: $64
- Program Service Revenue: $1,402,632
- Gross Receipts: $1,403,951
Assets and Liabilities:
- Total Assets: $1,625,984
- Total Liabilities: $2,864,277
- Net Assets: -$1,238,293
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYMENTS
Revenue
$964,517
TENANT RENT
Revenue
$438,115
Organization Details
Founding Year
1977
Phone
(954) 835-9200Principal Officer
Melanie Ribeiro
Main Address
1200 SOUTH PINE ISLAND ROAD STE 725, PLANTATION, FL, 33324
Website
www.ehdoc.orgNTEE Category
Code: L22 - Housing
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