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Christ The King Housing Inc

King'S Manor

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 592255779 ✦ St petersburg, FL ✦ Designated as a 501(c)(3)

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Overview

What is Christ The King Housing Inc?

Christ The King Housing Inc, operating under the name King's Manor, is a nonprofit organization situated in St. Petersburg, Florida. With a focus on serving the elderly and disabled individuals with low income, they offer 99 well-maintained housing units through HUD's Assisted Housing Program. The organization's mission is to provide suitable living spaces in the Tampa, Florida area, aiming to improve the quality of life for its residents. With a dedicated workforce of five employees, Christ The King Housing Inc is committed to enhancing the living conditions of its community members.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Star rating)

Christ The King Housing Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance with an overall score of 79%. This score is derived solely from the accountability and finance beacon, indicating a strong emphasis on these areas. The organization demonstrates transparency and good governance, with a board composed entirely of independent members and a robust conflict of interest policy.

The nonprofit has excelled in several key areas, achieving perfect scores in aspects such as its audit and oversight committee, material diversion of assets, and documentation practices. Furthermore, it allocates a significant portion of its expenses—90.12%—toward programs, showcasing its commitment to mission-driven work and effective use of resources.

However, the organization faces challenges in its financial health, evidenced by a liabilities to assets ratio of 195.66%, which raises concerns about financial sustainability. While its accountability practices are commendable, addressing this financial issue may be crucial for enhancing its overall capacity to serve its mission effectively.


This AI summary has been generated from information found on Charity Navigator.

Is Christ The King Housing Inc legitimate?

Christ The King Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christ The King Housing 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: $171,261

For more financial information, click here

What is the mission statement of Christ The King Housing Inc?

Christ The King Housing Inc's mission is centered around providing housing for individuals who are elderly or disabled and have low income. This organization strives to make a significant impact in their community by offering well-maintained apartments through the HUD's Assisted Housing Program. Their primary goal is to ensure that these vulnerable individuals have a suitable living space, thereby enhancing their quality of life. By offering housing solutions, Christ The King Housing Inc is committed to making a positive difference in the lives of those in need.

Who is the CEO of Christ The King Housing Inc?

James Wayne is the President of Christ The King Housing Inc.

What is the revenue of Christ The King Housing Inc?

Christ The King Housing Inc's revenue in 2022 was $1,401,857.

Who are the executives of Christ The King Housing Inc and what are their salaries?

The average compensation at Christ The King Housing Inc during 2022 was $34,252. There are 5 employees at Christ The King Housing Inc.


Here are 3 key members and their salaries:


Rev Nelson Restrepo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Murphy (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Wayne (Treasurer)
  • Compensation: $0
  • Related: $80,767
  • Other: $13,009
Where can I find the form 990 for Christ The King Housing Inc?

Christ The King Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Christ The King Housing Inc

Christ The King Housing Inc is committed to providing housing for individuals who are elderly or disabled and have a low income. Their mission is centered around offering well-maintained apartment units to cater to this specific population, ensuring they have a suitable living environment. This mission is carried out through the assistance of the U.S. Department of Housing and Urban Development's (HUD) Assisted Housing Program.

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Impact




July, 2024

Christ The King Housing Inc provides crucial housing support for low-income elderly and disabled individuals in the Tampa, Florida vicinity. Through the provision of 99 well-maintained apartment units, this organization offers a safe and affordable housing option for those in need. By participating in HUD's assisted housing program, Christ The King Housing Inc plays a vital role in ensuring that vulnerable populations have access to stable housing. Their mission to support low-income elderly and disabled individuals demonstrates a commitment to enhancing the quality of life for those in the community who are most in need.




This information is meant to be a general summary of Christ The King Housing 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.

Revenue
$1,401,857 (2022)
Expenses
$1,271,465 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,613
  • Program Service Revenue: $251,220
  • Gross Receipts: $1,401,857

Assets and Liabilities:

  • Total Assets: $4,654,676
  • Total Liabilities: $7,713,069
  • Net Assets: -$3,058,393

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESIDENT RENT

Revenue

$251,220

Organization Details

Founding Year

1982

Principal Officer

James Wayne

Main Address

6363 NINTH AVENUE NORTH, ST PETERSBURG, FL, 33710

NTEE Category

Code: L22Z - Housing

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