Overview
What is Hdc Foundation Inc?
Hdc Foundation Inc is a nonprofit organization based in New Port Richey, Florida, primarily focused on providing housing solutions for individuals with low income and disabilities. Their mission, as a housing development and management nonprofit, is aimed at creating a supportive environment for this specific demographic. They strive to make a difference in the lives of these individuals by offering suitable and accessible housing options, contributing to their overall well-being and quality of life. Details about their current activities or specific programs were not provided in the information.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Hdc Foundation Inc has been awarded a Four-Star rating by Charity Navigator, reflecting a strong commitment to accountability and financial health. This high score is derived entirely from a single beacon score focused on accountability and finance, indicating a robust management structure and transparency.
The organization demonstrates significant strengths, including a fully independent board with 87% of its members being independent and a commendable board size of seven. Additionally, Hdc Foundation Inc has no reported material diversion of assets and maintains comprehensive policies on conflicts of interest, whistleblowing, and document retention, which further enhance its operational integrity.
Financially, the foundation shows a solid program expense ratio of 81.45%, indicating that a large portion of its resources is directed towards its mission. The liabilities to assets ratio of 10.18% suggests a healthy balance sheet. Overall, while Hdc Foundation Inc shows strong performance metrics, ongoing vigilance in maintaining these standards will be crucial for sustained success.
This AI summary has been generated from information found on Charity Navigator.
Is Hdc Foundation Inc legitimate?
Hdc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hdc Foundation 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: $24,555
For more financial information, click here
What is the mission statement of Hdc Foundation Inc?
The HDC Foundation, being a nonprofit organization focused on housing development and management, is dedicated to providing affordable housing solutions for individuals with disabilities. Based in New Port Richey, its mission is to ensure that low-income handicapped individuals have access to appropriate housing, thereby enhancing their quality of life. The organization's primary goal is to create and manage housing facilities that cater specifically to this vulnerable group, thereby making a meaningful difference in their lives.
Who is the CEO of Hdc Foundation Inc?
Gail Ryder is the Vice President of Hdc Foundation Inc.
What is the revenue of Hdc Foundation Inc?
Hdc Foundation Inc's revenue in 2023 was $119,845.
Who are the executives of Hdc Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $532,476
- Other: $75,742
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- Other: $0
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- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hdc Foundation Inc?
Hdc Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hdc Foundation Inc
The Hdc Foundation Inc, a dedicated nonprofit organization, is committed to the provision of affordable housing for individuals with disabilities. Based on its mission, the Hdc Foundation aims to create a conducive living environment for low-income individuals with handicaps, thereby ensuring they have access to safe and accommodating housing. This mission underscores the organization's dedication to improving the quality of life for those who are most vulnerable, thereby fostering a more inclusive society. The Hdc Foundation's work is instrumental in addressing the housing needs of individuals with disabilities, thereby contributing to a more equitable community.
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Impact
June, 2024
HDC Foundation Inc's impact is significant in providing low-income handicapped individuals with access to suitable housing options in New Port Richey, FL. Their focus on addressing the specific needs of this vulnerable population contributes to improving their quality of life and overall well-being. By offering affordable and accessible housing solutions, HDC Foundation Inc plays a crucial role in promoting stability and security for individuals who face challenges related to mental health and physical disabilities.
This information is meant to be a general summary of Hdc Foundation 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: $78
- Program Service Revenue: $42,021
- Gross Receipts: $119,845
Assets and Liabilities:
- Total Assets: $266,158
- Total Liabilities: $27,097
- Net Assets: $239,061
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent Revenue
Revenue
$42,021
Organization Details
Founding Year
1994
Phone
(727) 841-4207Principal Officer
Gail Ryder
Main Address
PO Box 428, New Port Richey, FL, 34656
NTEE Category
Code: F99Z - Mental health
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