Overview
What is South Atlantic Housing Of Brevard Inc?
South Atlantic Housing of Brevard Inc. is a 501(c)(3) nonprofit organization situated in Atlanta, Georgia. Its primary mission is to offer affordable rental housing for elderly individuals and those with disabilities, aligning with its charitable purpose. Additionally, the organization supports other charitable activities, embracing public benefit and educational endeavors in accordance with its expanded mission statement. This nonprofit organization acts as a sponsor for affordable housing and various charitable, religious, and educational initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
South Atlantic Housing Of Brevard Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization achieved an impressive score of 79%, which is solely based on its financial practices. This rating indicates a strong commitment to transparency and responsible financial management.
The organization excels in several key areas, including having a fully independent board, which scored 8 out of 8 points. Additionally, it maintains strong policies in place, such as a conflict of interest policy and whistleblower protections, both of which received perfect scores. The program expense ratio is also noteworthy, with 99.10% of its expenses directed toward program services, demonstrating a focus on fulfilling its mission.
Despite these strengths, the overall score is limited to financial accountability, suggesting that potential donors may want to look for more comprehensive evaluations of the organization’s impact and effectiveness in its programs. While the financial health indicators are robust, additional information regarding program outcomes would provide a fuller picture of the nonprofit's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is South Atlantic Housing Of Brevard Inc legitimate?
South Atlantic Housing Of Brevard Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Atlantic Housing Of Brevard 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 South Atlantic Housing Of Brevard Inc?
South Atlantic Housing Of Brevard Inc's mission is centered around providing affordable rental housing. This organization extends its services primarily to the elderly and individuals who qualify under various public benefit and charitable purposes. As per the Internal Revenue Code of 1986, it also supports charitable activities of another 501(c)(3) organization, aligning with its expanded mission. In addition, the organization acts as a sponsor for affordable housing for low-income elderly and handicapped individuals, as well as sponsors certain religious, educational, and charitable activities, adhering to its charitable purpose.
Who is the CEO of South Atlantic Housing Of Brevard Inc?
Gerald Eickhoff is the President of South Atlantic Housing Of Brevard Inc.
What is the revenue of South Atlantic Housing Of Brevard Inc?
South Atlantic Housing Of Brevard Inc's revenue in 2022 was $691,465.
Who are the executives of South Atlantic Housing Of Brevard Inc and what are their salaries?
There 7 volunteers at South Atlantic Housing Of Brevard Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for South Atlantic Housing Of Brevard Inc?
South Atlantic Housing Of Brevard Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of South Atlantic Housing Of Brevard Inc
South Atlantic Housing Of Brevard Inc is committed to providing affordable rental housing for low-income elderly individuals and serving other charitable purposes. The organization's mission is twofold. Firstly, it aims to offer housing solutions for the elderly, aligning with its charitable objectives allowed under section 501(c)(3) of the Internal Revenue Code of 1986. Secondly, South Atlantic Housing Of Brevard Inc supports the charitable activities of another 501(c)(3) organization, expanding its mission to sponsor affordable housing for low-income elderly and handicapped persons. Additionally, the organization undertakes certain religious, educational, and charitable activities that align with its charitable purpose. In essence, South Atlantic Housing Of Brevard Inc is dedicated to enhancing the lives of the elderly and contributing to various charitable causes, ensuring affordable housing and promoting other worthy causes.
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Impact
July, 2024
South Atlantic Housing Of Brevard Inc provides affordable rental housing for low-income elderly individuals, as well as sponsors charitable, religious, and educational activities in accordance with its mission. This organization plays a crucial role in supporting the well-being of elderly individuals by ensuring they have access to safe and affordable housing options. Additionally, by sponsoring charitable activities, South Atlantic Housing Of Brevard Inc contributes to the overall welfare of the community. Their impact is significant in addressing housing insecurity among the elderly and fostering a sense of community through their various charitable initiatives.
This information is meant to be a general summary of South Atlantic Housing Of Brevard 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: $690,664
- Gross Receipts: $691,465
Assets and Liabilities:
- Total Assets: $11,784,799
- Total Liabilities: $0
- Net Assets: $11,784,799
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Organization Details
Founding Year
1984
Phone
(770) 496-0598Principal Officer
Gerald Eickhoff
Main Address
PO BOX 450049, ATLANTA, GA, 31145
NTEE Category
Code: L210 - Housing
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