Overview
What is Gis Housing V Inc?
Gis Housing V Inc is a nonprofit organization based in St. Petersburg, Florida, with a postal address of PO Box 14456. Their primary mission is to provide subsidized rental housing facilities and services for individuals who are disabled or elderly, aiming to meet their physical, social, and psychological needs. The organization operates an apartment community of 94 units under Section 202 of the National Housing Act and served 108 residents during the recent fiscal year. Their charitable activities are focused on promoting the health, security, happiness, and overall well-being of this vulnerable population. Gis Housing V Inc operates under the name Heritage Oaks of Palm Harbor and has a team of nine dedicated employees.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Stars)
Gis Housing V Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization achieved an overall score of 93%, with a notable emphasis on maintaining high standards in governance and financial management. This rating is based entirely on its accountability and finance metrics, indicating a solid foundation for trust among donors and stakeholders.
The nonprofit excels in several key areas, including a majority of independent board members and robust financial oversight practices. With 87% of its board members being independent, the organization demonstrates a commitment to impartial governance. Additionally, it scored full points in various categories such as its conflict of interest policy, whistleblower policy, and material diversion of assets, reinforcing its ethical operations and transparency.
However, while the financial ratios indicate a stable organization, there is always room for improvement in program expense ratios, where it recorded 68.81%. This suggests that although a significant portion of its resources is allocated to programs, enhancing this aspect could further strengthen the nonprofit's impact and efficiency. Overall, Gis Housing V Inc showcases a reliable and well-managed organization committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Gis Housing V Inc legitimate?
Gis Housing V Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gis Housing V 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: $113,364
For more financial information, click here
What is the mission statement of Gis Housing V Inc?
Gis Housing V Inc, as a charitable organization, is committed to providing subsidized rental housing facilities and services on a not-for-profit basis. Their primary focus is on supporting 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 usefulness. The organization's mission is to enhance the lives of these individuals by providing an environment that caters to their unique needs.
Who is the CEO of Gis Housing V Inc?
Tracey Boucher is the Chair of Gis Housing V Inc. The CEO's salary of Gis Housing V Inc is $0 and their total compensation is $530,258.
What is the revenue of Gis Housing V Inc?
Gis Housing V Inc's revenue in 2022 was $616,851.
Who are the executives of Gis Housing V Inc and what are their salaries?
The average compensation at Gis Housing V Inc during 2022 was $12,596. There are 9 employees and 9 volunteers at Gis Housing V Inc.
Here are 10 key members and their salaries (Gis Housing V Inc's CEO's salary is $0 and their total compensation is $530,258):
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- Other: $0
- Compensation: $0
- Related: $483,985
- Other: $46,273
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Gis Housing V Inc?
Gis Housing V Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Gis Housing V Inc
Gis Housing V Inc, a charitable organization, is dedicated to providing subsidized rental housing facilities and services for individuals who are either elderly or disabled. The primary goal of this nonprofit is to cater to the physical, social, and psychological needs of these individuals, aiming to promote their health, security, happiness, and overall usefulness. By offering subsidized rental housing services, Gis Housing V Inc aims to create an environment that is suitable for the unique needs of its residents, ensuring their well-being and quality of life. The organization's mission is rooted in a desire to provide a supportive living space that meets the specific needs of the elderly and disabled community, fostering a sense of happiness, security, and purpose.
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Impact
July, 2024
Gis Housing V Inc's impact lies in providing crucial subsidized rental housing facilities and services to individuals who are disabled or elderly. By offering a safe and supportive living environment, the organization plays a vital role in meeting the physical, social, and psychological needs of its residents. Through its mission, Gis Housing V Inc promotes the health, security, happiness, and usefulness of those it serves, ultimately enhancing their quality of life and well-being.
This information is meant to be a general summary of Gis Housing V 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: $46
- Program Service Revenue: $607,597
- Gross Receipts: $618,509
Assets and Liabilities:
- Total Assets: $2,377,825
- Total Liabilities: $74,759
- Net Assets: $2,303,066
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING REVENUE
Revenue
$306,184
TENANT ASSISTANCE
Revenue
$301,413
Organization Details
Founding Year
1992
Phone
(727) 523-1512Principal Officer
Tracey Boucher
Main Address
PO BOX 14456, ST PETERSBURG, FL, 337334456
NTEE Category
Code: L20Z - Housing
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