Overview
What is Florida State B'Nai B'Rith Senior Citizen Housing Corp Inc?
Florida State B'Nai B'Rith Senior Citizen Housing Corp Inc is a nonprofit organization situated in Deerfield Beach, Florida. With an almost complete ownership (99.995%) over a 99-unit apartment complex, the organization provides affordable housing for the elderly, individuals with disabilities, and those with low income. This facility is regulated and supported by the U.S. Department of Housing and Urban Development, ensuring that it adheres to necessary standards and guidelines. The organization's primary mission revolves around offering housing solutions for the elderly and handicapped individuals, aiming to provide them with a safe and comfortable living environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Two-Star out of Four Star rating (71%)
Florida State B'Nai B'Rith Senior Citizen Housing Corp Inc has received a two-star rating from Charity Navigator, indicating that there are areas for improvement within the organization despite some strengths. The overall score of 71% reflects a solid performance in accountability and finance, showcasing a strong governance structure with 100% independent board members and no material diversion of assets.
The organization excels in several key financial metrics, including a program expense ratio of 100%, meaning all expenses are directed towards programs. Additionally, it has demonstrated effective governance practices, such as maintaining a conflict of interest policy and documenting board meeting minutes. However, the overall rating suggests there may be underlying performance issues that need addressing to enhance transparency and effectiveness further.
While the organization shows a robust financial health with a low liabilities to assets ratio, the overall "needs improvement" rating serves as a reminder that ongoing evaluation and enhancement of practices are essential. Stakeholders may want to consider these factors when assessing the organization's impact and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Florida State B'Nai B'Rith Senior Citizen Housing Corp Inc legitimate?
Florida State B'Nai B'Rith Senior Citizen Housing Corp Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida State B'Nai B'Rith Senior Citizen Housing Corp 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
For more financial information, click here
What is the mission statement of Florida State B'Nai B'Rith Senior Citizen Housing Corp Inc?
Florida State B'Nai B'Rith Senior Citizen Housing Corp Inc is dedicated to providing affordable housing for the elderly and handicapped individuals who are in need. The organization holds a significant ownership interest in a 99-unit apartment complex regulated by the U.S. Department of Housing and Urban Development, which caters specifically to this demographic. Their mission is primarily focused on offering suitable living spaces for those with limited income, promoting independence and comfort for this vulnerable population.
Who is the CEO of Florida State B'Nai B'Rith Senior Citizen Housing Corp Inc?
Dennis Rice is the Board Member of Florida State B'Nai B'Rith Senior Citizen Housing Corp Inc.
What is the revenue of Florida State B'Nai B'Rith Senior Citizen Housing Corp Inc?
Florida State B'Nai B'Rith Senior Citizen Housing Corp Inc's revenue in 2022 was $1,622,630.
Who are the executives of Florida State B'Nai B'Rith Senior Citizen Housing Corp 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 State B'Nai B'Rith Senior Citizen Housing Corp Inc?
Florida State B'Nai B'Rith Senior Citizen Housing Corp Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Florida State B'Nai B'Rith Senior Citizen Housing Corp Inc
Florida State B'Nai B'Rith Senior Citizen Housing Corp Inc is dedicated to providing affordable housing solutions for the elderly and handicapped individuals. This nonprofit organization holds a nearly complete ownership stake in a 99-unit apartment complex, which it manages to offer subsidized housing for its targeted demographic. The U.S. Department of Housing and Urban Development assists and regulates this facility to ensure that it meets necessary standards for the welfare and comfort of its residents.
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 State B'Nai B'Rith Senior Citizen Housing Corp Inc's impact is primarily focused on providing low-income housing for the elderly and handicapped individuals in Deerfield Beach, Florida. Through its ownership of a 99-unit apartment complex, the organization offers affordable and regulated housing options for this vulnerable population. By working in partnership with the U.S. Department of Housing and Urban Development, the organization is able to ensure that the residents have access to safe and suitable living arrangements. This initiative plays a crucial role in addressing the housing needs of elderly and handicapped individuals who may otherwise struggle to find affordable and appropriate housing options.
This information is meant to be a general summary of Florida State B'Nai B'Rith Senior Citizen Housing Corp 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: $2,749
- Program Service Revenue: $1,619,881
- Gross Receipts: $1,622,630
Assets and Liabilities:
- Total Assets: $9,065,171
- Total Liabilities: $0
- Net Assets: $9,065,171
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.
K-1 PROGRAM REVENUE
Revenue
$1,619,881
Organization Details
Founding Year
1984
Phone
(954) 426-5577Principal Officer
Dennis Rice
Main Address
299 SW 3RD AVENUE, DEERFIELD BEACH, FL, 33441
NTEE Category
Code: L22 - Housing
If you are a representative of Florida State B'Nai B'Rith Senior Citizen Housing Corp 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.