Overview
What is Gis Housing Iii Inc?
Gis Housing III Inc, also known as Freedom Village III, is a nonprofit organization situated in St. Petersburg, Florida. With a focus on charitable work, they provide subsidized housing facilities for individuals who are either disabled or elderly. Their mission is to cater to the physical, social, and psychological needs of these individuals, aiming to improve their health, security, happiness, and overall well-being. Operating under Section 8 of the National Housing Act, Gis Housing III Inc manages an apartment community with 89 units, serving 42 residents during the recent fiscal year. Their activities and services are designed to promote the independence and quality of life for disabled and elderly individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Gis Housing III Inc has earned a Three-Star rating from Charity Navigator, indicating a good level of accountability and financial management. The overall score is derived solely from its Accountability & Finance score, which also stands at 76%. This rating reflects the organization's commitment to transparency and responsible stewardship of resources.
One of the organization's notable strengths is its governance structure, with 87% of its board members being independent. Additionally, it has robust policies in place, including a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which received full points in evaluations. The organization also demonstrates sound financial practices, evidenced by a program expense ratio of 67.31%, suggesting it allocates a significant portion of its budget towards its mission-driven programs.
However, while Gis Housing III Inc shows strong performance in various areas, the rating primarily reflects financial and accountability measures without providing insights into programmatic effectiveness or overall impact. Potential donors may want to consider these aspects when evaluating the charity's overall performance and mission alignment.
This AI summary has been generated from information found on Charity Navigator.
Is Gis Housing Iii Inc legitimate?
Gis Housing Iii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gis Housing Iii 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: $90,233
For more financial information, click here
What is the mission statement of Gis Housing Iii Inc?
Gis Housing III Inc is committed to providing subsidized rental housing facilities and services on a not-for-profit, charitable basis. The primary beneficiaries of these services are individuals who are either disabled or elderly. The housing facilities and services are specifically designed to cater to their physical, social, and psychological needs, aiming to promote their health, security, happiness, and overall usefulness. The organization's mission is to enhance the living conditions and quality of life for these vulnerable groups.
Who is the CEO of Gis Housing Iii Inc?
Tracey Boucher is the Chair of Gis Housing Iii Inc. The CEO's salary of Gis Housing Iii Inc is $0 and their total compensation is $530,258.
What is the revenue of Gis Housing Iii Inc?
Gis Housing Iii Inc's revenue in 2022 was $643,533.
Who are the executives of Gis Housing Iii Inc and what are their salaries?
The average compensation at Gis Housing Iii Inc during 2022 was $15,039. There are 6 employees and 9 volunteers at Gis Housing Iii Inc.
Here are 10 key members and their salaries (Gis Housing Iii Inc's CEO's salary is $0 and their total compensation is $530,258):
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- Related: $483,985
- Other: $46,273
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Where can I find the form 990 for Gis Housing Iii Inc?
Gis Housing Iii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Gis Housing Iii Inc
Gis Housing III Inc is a charitable organization that is committed to providing subsidized rental housing facilities and services for individuals who are either disabled or elderly. The primary goal of this nonprofit is to meet the physical, social, and psychological needs of these individuals, promoting their health, security, happiness, and usefulness. By offering subsidized rental housing, Gis Housing III Inc aims to create an environment that caters specifically to the unique needs of the disabled and elderly population, ensuring they live in a comfortable and supportive setting. This not-for-profit organization's mission is to enhance the quality of life for these individuals, enabling them to lead fulfilling and independent lives.
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Impact
July, 2024
Gis Housing Iii Inc's impact lies in providing essential subsidized rental housing facilities and services to individuals who are disabled or elderly. By offering a supportive living environment that caters to their physical, social, and psychological needs, Gis Housing Iii Inc promotes the overall well-being and quality of life for its residents. Through their apartment community of 89 units operating under Section 8 of the National Housing Act, Gis Housing Iii Inc served 42 residents during the fiscal year, demonstrating a tangible and valuable impact on the community in St. Petersburg, Florida. Their mission to enhance the health, security, happiness, and usefulness of disabled and elderly individuals through affordable housing aligns with their commitment to creating a supportive and inclusive living environment.
This information is meant to be a general summary of Gis Housing Iii 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: $12
- Program Service Revenue: $648,199
- Gross Receipts: $648,848
Assets and Liabilities:
- Total Assets: $955,883
- Total Liabilities: $1,380,097
- Net Assets: -$424,214
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE
Revenue
$541,432
HOUSING REVENUE
Revenue
$106,767
Organization Details
Founding Year
1977
Phone
(727) 523-1512Principal Officer
Tracey Boucher
Main Address
PO BOX 14456, ST PETERSBURG, FL, 337334456
NTEE Category
Code: L21 - Housing
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