Overview
What is Ability Housing Inc?
Ability Housing Inc, based in Jacksonville, Florida, is a compassionate nonprofit organization with a mission to foster robust communities where housing is a fundamental right, not a privilege. By developing and managing affordable rental properties, they strive to provide safe and affordable housing to low-income individuals and families who were previously homeless. Their initiatives extend beyond just housing, offering individualized support services to all residents. Additionally, Housinglink, a part of their operations, leases apartments in northeast Florida for formerly chronically homeless individuals and families, providing rental assistance and tailored support. Ability Housing's vision is to create a society that ensures housing security for all, contributing to the well-being of its communities.
Official website here: www.abilityhousing.org
What are the reviews and ratings of this charity?
**Ability Housing Inc – Charity Navigator Rating: 84% (Three-Star out of Four Stars)**
Ability Housing Inc achieves a three-star rating from Charity Navigator, reflecting strengths in Accountability & Finance, Impact & Measurement, and an impressive Culture & Community score. The organization demonstrates a high level of accountability with a fully independent board and thorough oversight policies. Notably, their program expense ratio is excellent at nearly 93%, indicating effective use of funds towards their mission of providing stable housing.
The organization’s commitment to impact is illustrated by their success in providing years of stable housing, emphasizing their dedication to helping formerly homeless individuals and families. Their strategic initiatives and recent developments, such as the "Building Resilient Communities" program, showcase their adaptability and innovative approach to community development.
While the rating indicates overall reliability, there are some areas for improvement, particularly in financial documentation as evidenced by a missing tax form on their website. This concern does not overshadow their largely positive operational practices, but it warrants attention for ongoing transparency.
**GreatNonprofits Feedback: Not Available**
This AI summary has been generated from information found on Charity Navigator.
Is Ability Housing Inc legitimate?
Ability Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ability 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: $202,112
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,528,810
For more financial information, click here
Official website here: www.abilityhousing.org
What is the mission statement of Ability Housing Inc?
Ability Housing Inc's mission is centered around establishing robust communities where every individual has access to a home. Their vision envisions housing as a fundamental right, not a privilege. To realize this vision, Ability Housing engages in developing and managing affordable rental housing. Additionally, the organization offers individualized support services to all its residents. One of their notable initiatives is the Villages Program, which provides affordable housing to low-income individuals and families who had previously been homeless. Furthermore, Ability Housing also runs Housinglink, which leases apartments for formerly chronically homeless individuals and families in northeast Florida, while also offering rental assistance and personalized support.
Official website here: www.abilityhousing.org
Who is the CEO of Ability Housing Inc?
Shannon Nazworth is the Director of Ability Housing Inc.
Official website here: www.abilityhousing.org
What is the revenue of Ability Housing Inc?
Ability Housing Inc's revenue in 2022 was $7,322,901.
Official website here: www.abilityhousing.org
Who are the executives of Ability Housing Inc and what are their salaries?
The average compensation at Ability Housing Inc during 2022 was $86,546. There are 20 employees at Ability Housing Inc.
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Official website here: www.abilityhousing.org
Where can I find the form 990 for Ability Housing Inc?
Ability Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.abilityhousing.org
Learn more at the official website: www.abilityhousing.org
Mission Statement of Ability Housing Inc
Ability Housing, an innovative nonprofit organization, is committed to constructing robust communities where housing is regarded as a fundamental right rather than a privilege. Their vision encompasses a society where every individual can secure safe and affordable housing in thriving communities. To actualize this vision, Ability Housing engages in two primary undertakings.
Firstly, the organization operates a program called Villages, which is dedicated to providing quality, affordable rental housing for low-income families and individuals who have previously experienced homelessness. This initiative aims to contribute to the creation of strong communities by ensuring that everyone, regardless of their financial situation, has access to a secure place to call home.
Secondly, Ability Housing manages Housinglink, a program that leases apartments specifically for formerly chronically homeless individuals and families in northeast Florida. Alongside leasing these apartments, the organization provides rental assistance and individual support to its residents. This comprehensive approach ensures that those who have faced significant housing challenges can not only secure a place to live but also receive the necessary assistance to maintain their housing and improve their overall well-being.
In essence, Ability Housing's mission is centered around the belief that everyone deserves a safe, affordable home in a vibrant community. Through their Villages and Housinglink programs, they work tirelessly to bring this vision to life, providing both housing and support services to those in need.
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Impact
July, 2024
Ability Housing Inc has a significant impact in Jacksonville, FL, by providing affordable housing to low-income individuals and families who were previously homeless. Through its villages program, the organization works towards building strong communities where everyone has a home. Ability Housing also operates Housinglink, which offers apartments to formerly chronically homeless individuals and families in northeast Florida, along with rental assistance and individual support services. Their mission to make housing a right, not a privilege, contributes to creating a society where everyone has access to safe and affordable housing in vibrant communities.
This information is meant to be a general summary of Ability 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 2022.
- Investment Income: $227,730
- Program Service Revenue: $1,809,890
- Gross Receipts: $7,322,901
Assets and Liabilities:
- Total Assets: $35,873,008
- Total Liabilities: $25,662,103
- Net Assets: $10,210,905
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL AND PROGRAM INC
Revenue
$1,809,890
Organization Details
Founding Year
1991
Phone
(904) 359-9650Principal Officer
Shannon Nazworth
Main Address
3740 BEACH BOULEVARD SUITE 304, JACKSONVILLE, FL, 32207
Website
www.abilityhousing.orgNTEE Category
Code: E50Z - Health
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