Overview
What is Housing Enterprises Of Florida Inc?
Housing Enterprises of Florida Inc is a nonprofit organization committed to community development and providing affordable housing solutions. They accomplish their mission by managing affordable rental properties, catering to the needs of low-income families. This dedicated nonprofit endeavors to create inclusive and affordable living spaces, thereby contributing positively to the communities they serve.
What are the reviews and ratings of this charity?
**Housing Enterprises Of Florida Inc (EIN: 592303299)**
**Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating)**
The rating of Housing Enterprises Of Florida Inc indicates areas that require attention, particularly in accountability and finance, where they scored 68%. While the organization shows strengths in having a fully independent board and maintaining strong financial oversight, there are several critical policies missing, including a conflict of interest policy and a whistleblower policy. This lack of essential governance frameworks contributes to their lower overall rating.
Despite these concerns, the organization exhibits a strong program expense ratio, demonstrating that the majority of its funds are directed toward its core mission. However, the absence of a website listed on their tax form raises questions about transparency and accessibility of information for potential donors and stakeholders. This, along with significant liabilities compared to assets, points to an area needing improvement for the nonprofit.
Currently, there are no user reviews available from GreatNonprofits to provide additional community feedback or personal experiences. Overall, while Housing Enterprises Of Florida Inc has a committed structure and operational focus, improving governance policies and financial transparency are vital for enhancing its credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Housing Enterprises Of Florida Inc legitimate?
Housing Enterprises Of Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Enterprises Of Florida 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: $0
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What is the mission statement of Housing Enterprises Of Florida Inc?
Housing Enterprises of Florida, as an organization, is dedicated to community development and the provision of affordable housing. They accomplish this by managing affordable rental properties, catering to the needs of low-income families. The mission of Housing Enterprises of Florida is to contribute to the well-being of individuals and families by creating and maintaining affordable housing options, thereby promoting inclusive and sustainable communities.
Who is the CEO of Housing Enterprises Of Florida Inc?
Tam English is the Chair of Housing Enterprises Of Florida Inc.
What is the revenue of Housing Enterprises Of Florida Inc?
Housing Enterprises Of Florida Inc's revenue in 2022 was $10,864,153.
Who are the executives of Housing Enterprises Of Florida Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Housing Enterprises Of Florida Inc?
Housing Enterprises Of Florida Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Housing Enterprises Of Florida Inc
Housing Enterprises of Florida, a committed nonprofit organization, is dedicated to community development and the provision of affordable housing. Their mission is beautifully encapsulated in their operations, which involve managing affordable rental properties intended for low-income families. By doing so, Housing Enterprises of Florida contributes significantly to enhancing the living standards of these families and fostering the growth of communities. Their primary goal is to develop thriving neighborhoods where everyone, regardless of their income level, can call home.
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Impact
July, 2024
Housing Enterprises Of Florida Inc's impact lies in its mission to develop communities and provide affordable housing through the operation of affordable rental properties that cater to low-income families. By focusing on community development and affordable housing in Fort Lauderdale, Florida, the organization plays a crucial role in addressing the housing needs of low-income individuals and families, ultimately contributing to the overall well-being and stability of the community. Additionally, Housing Enterprises Of Florida Inc's efforts help to create more equitable housing opportunities and support the economic empowerment of those in need.
This information is meant to be a general summary of Housing Enterprises Of Florida 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: $1,599,458
- Program Service Revenue: $6,638,219
- Gross Receipts: $11,523,193
Assets and Liabilities:
- Total Assets: $58,051,029
- Total Liabilities: $40,073,960
- Net Assets: $17,977,069
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET TENANT RENTAL REVENUE
Revenue
$6,638,219
Organization Details
Founding Year
1983
Phone
(954) 525-6444Principal Officer
Tam English
Main Address
437 SOUTHWEST 4TH AVE, FORT LAUDERDALE, FL, 33315
NTEE Category
Code: L25 - Housing
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