Overview
What is St Charles Housing Inc?
St. Charles Housing Inc, operating under the name Villa San Carlos, is a nonprofit organization situated in Port Charlotte, Florida. With a mission centered around providing affordable housing, they specialize in accommodating the elderly community. Their primary activity involves the rental of low-income, government-assisted housing units. Their reach is limited to just seven dedicated employees, yet their commitment to this cause remains steadfast. The organization's location and focus ensure that elderly individuals in need have access to safe and affordable housing options.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Stars
St Charles Housing Inc D/B/A Villa San Carlos has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scored 75% overall, with a strong emphasis on financial management practices. Notably, the charity has a fully independent board and adheres to rigorous financial oversight, including the presence of an audit and oversight committee, which is critical for maintaining trust and transparency.
The strengths of Villa San Carlos are evident in its high scores across various accountability metrics, such as no material diversion of assets and comprehensive conflict of interest policies. Their program expense ratio is exemplary at 100%, demonstrating a commitment to utilizing funds effectively for their mission. The organization also maintains thorough documentation practices, which reinforce its credibility and operational integrity.
However, the organization did receive a lower score for its liabilities to assets ratio, which stood at 76.83%. This indicates potential financial risk that the organization may want to address to improve its overall financial health. While the organization is performing well in many areas, the financial ratios related to liabilities could benefit from further scrutiny to enhance long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is St Charles Housing Inc legitimate?
St Charles Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Charles 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: $129,944
For more financial information, click here
What is the mission statement of St Charles Housing Inc?
St. Charles Housing Inc. D/B/A Villa San Carlos primarily focuses on providing low-rent government-assisted housing for the elderly. Their mission is centered around accommodating elderly individuals with affordable housing options, ensuring they maintain a suitable living standard. The organization does not engage in advocacy or conduct research, but rather focuses solely on the rental aspect of housing for the elderly, aiding in their housing needs and stability.
Who is the CEO of St Charles Housing Inc?
Father John A Fitch is the Director of St Charles Housing Inc.
What is the revenue of St Charles Housing Inc?
St Charles Housing Inc's revenue in 2023 was $815,119.
Who are the executives of St Charles Housing Inc and what are their salaries?
The average compensation at St Charles Housing Inc during 2023 was $18,563. There are 7 employees at St Charles Housing Inc.
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Where can I find the form 990 for St Charles Housing Inc?
St Charles Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of St Charles Housing Inc
St. Charles Housing Inc. D/B/A Villa San Carlos is a nonprofit organization dedicated to providing affordable housing solutions for the elderly. Their primary mission, as stated in their description, is to rent out low-income, government-assisted housing units. This mission is crucial in ensuring that the elderly population has access to safe and affordable living spaces, thereby enhancing their quality of life. The organization's work is instrumental in providing a roof over the heads of elderly individuals, thus alleviating some of the financial burdens they may face in securing housing. By offering government-assisted housing, St. Charles Housing Inc. D/B/A Villa San Carlos plays a significant role in supporting the elderly community, enabling them to live with dignity and independence.
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Impact
July, 2024
St Charles Housing Inc D/B/A Villa San Carlos provides essential low-rent government-assisted housing for the elderly in Port Charlotte, Florida. This organization plays a crucial role in ensuring that elderly individuals have access to safe and affordable housing options. By offering this service, St Charles Housing Inc D/B/A Villa San Carlos positively impacts the lives of elderly residents, providing them with a sense of security, community, and well-being. The organization's efforts contribute to addressing the housing needs of a vulnerable population and enriching the quality of life for elderly individuals in the community.
This information is meant to be a general summary of St Charles 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,732
- Program Service Revenue: $808,075
- Gross Receipts: $815,119
Assets and Liabilities:
- Total Assets: $2,556,505
- Total Liabilities: $2,035,378
- Net Assets: $521,127
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$808,075
Organization Details
Phone
(941) 624-2266Principal Officer
Father John A Fitch
Main Address
2550 EASY STREET, PORT CHARLOTTE, FL, 33952
NTEE Category
Code: L22 - Housing
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