Overview
What is Epiphany Housing Inc Epiphany Manor?
Epiphany Housing Inc, specifically Epiphany Manor, is a nonprofit organization situated in Port Orange, Florida. Their primary focus is on providing affordable housing to low-income elderly individuals, as per Section 223(F) of the National Housing Act. The U.S. Department of Housing and Urban Development (HUD) offers Section 8 rental subsidies and regulations for this complex. The mission of Epiphany Housing Inc is to offer housing and related services to this specific demographic, aiming to enhance their living conditions. The organization employs a modest team of eight individuals dedicated to fulfilling this mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating
Epiphany Housing Inc Epiphany Manor has received a Three-Star rating from Charity Navigator, indicating a decent level of accountability and financial health within the organization. The rating is solely based on the Accountability & Finance beacon, reflecting the charity’s commitment to transparency and responsible financial practices. A score of 79% suggests that while the organization has strong governance systems in place, there are areas needing improvement to enhance its overall rating.
The organization excels in several areas, notably its board composition, which consists entirely of independent members, earning a perfect score for majority independence. Furthermore, it has robust policies concerning whistleblowing and conflict of interest, demonstrating a commitment to ethical governance. The financial oversight is also commendable, as seen in their audit and oversight committee performance.
However, a significant concern is the liabilities to assets ratio, which stands at 104.18%, indicating that liabilities exceed assets. This figure reflects potential financial risks and may impact the charity's long-term sustainability. Despite this, the organization maintains a strong program expense ratio of 94.11%, showing that the majority of its resources are directed towards its programs rather than administrative costs. Overall, while Epiphany Housing Inc Epiphany Manor demonstrates strengths in governance and financial practices, attention to its financial liabilities would be beneficial.
This AI summary has been generated from information found on Charity Navigator.
Is Epiphany Housing Inc Epiphany Manor legitimate?
Epiphany Housing Inc Epiphany Manor is a legitimate nonprofit organization registered as a 501(c)(3) entity. Epiphany Housing Inc Epiphany Manor 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: $161,992
For more financial information, click here
What is the mission statement of Epiphany Housing Inc Epiphany Manor?
Epiphany Housing Inc., specifically for Epiphany Manor, is committed to providing affordable housing and related services to low-income individuals, with a particular focus on the elderly. The organization owns and operates a HUD-subsidized apartment complex, ensuring that elderly individuals have access to affordable living spaces. The mission of Epiphany Housing Inc. for Epiphany Manor involves offering housing assistance along with related services, catering to the needs of those with limited income. The housing provided under Section 223(F) of the National Housing Act includes a HUD Section 8 rent subsidy, and the complex is regulated by HUD.
Who is the CEO of Epiphany Housing Inc Epiphany Manor?
Jerry Finley is the President of Epiphany Housing Inc Epiphany Manor.
What is the revenue of Epiphany Housing Inc Epiphany Manor?
Epiphany Housing Inc Epiphany Manor's revenue in 2022 was $855,487.
Who are the executives of Epiphany Housing Inc Epiphany Manor and what are their salaries?
The average compensation at Epiphany Housing Inc Epiphany Manor during 2022 was $20,249. There are 8 employees at Epiphany Housing Inc Epiphany Manor.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Epiphany Housing Inc Epiphany Manor?
Epiphany Housing Inc Epiphany Manor's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Epiphany Housing Inc Epiphany Manor
Epiphany Housing Inc. Epiphany Manor is dedicated to providing affordable housing and related services to low-income elderly individuals. As the owner of a HUD-subsidized apartment complex, this nonprofit organization aims to cater to the housing needs of this specific demographic. The complex is supported by Section 8 rent subsidies and is regulated by the HUD, ensuring that the elderly residents can afford to live in dignity. Epiphany Housing Inc. Epiphany Manor offers 72 residential apartments under Section 223 (F) of the National Housing Act, providing a secure and comfortable living environment for its elderly residents.
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Impact
July, 2024
Epiphany Housing Inc Epiphany Manor's impact lies in providing essential affordable housing and related services to low-income elderly individuals in Port Orange, Florida. Through their ownership of a HUD-subsidized apartment complex, they offer 72 residential apartments under Section 223 (f) of the National Housing Act, with rent subsidies provided through HUD Section 8. By ensuring access to safe and affordable housing for this vulnerable population, Epiphany Manor contributes significantly to enhancing the quality of life and well-being of low-income elderly individuals in the community.
This information is meant to be a general summary of Epiphany Housing Inc Epiphany Manor. 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: $853
- Program Service Revenue: $234,637
- Gross Receipts: $855,487
Assets and Liabilities:
- Total Assets: $2,182,191
- Total Liabilities: $2,273,485
- Net Assets: -$91,294
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$234,637
Organization Details
Founding Year
1989
Phone
(386) 767-2556Principal Officer
Jerry Finley
Main Address
4792 S RIDGEWOOD AVENUE, PORT ORANGE, FL, 32127
NTEE Category
Code: L21 - Housing
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