Overview
What is Emerald Coast Housing Ii Inc?
Emerald Coast Housing II Inc. is a nonprofit organization situated in Destin, Florida, with an address at 970 Gulf Shores Drive. Their primary mission is to offer safe and affordable housing to low and moderate-income families in Florida. This mission is accomplished through the management of 16 properties, containing 355 apartment units, located in Okaloosa County, Florida. The organization strives to promote self-respect and self-reliance among its residents while maintaining the integrity of the properties and meeting the financial goals set by its board of directors. This is achieved through competent, professional management, active participation by the board, residents, and community, all working together to maintain the properties and support each other.
What are the reviews and ratings of this charity?
Charity Navigator rating: 64%, Two-Star out of Four Star rating.
Emerald Coast Housing II Inc has received a Two-Star rating from Charity Navigator, with a score indicating some significant transparency and accountability issues. While the organization is praised for having a 100% independent board and a strong program expense ratio of 97.09%, it suffers from a lack of financial statements and missing documentation on its website, which negatively impacts its overall rating.
User feedback from Great Nonprofits reflects a stark contrast to the positive aspects highlighted in the charity's accountability metrics. One review details severe dissatisfaction with the property management services, particularly regarding maintenance issues and the condition of housing upon move-in. This indicates potential operational shortcomings that may affect the organization's reputation among clients served.
Overall, while Emerald Coast Housing II Inc demonstrates some strengths in governance and program spending, the negative client experiences raise concerns about service quality and operational effectiveness, highlighting a need for improvement in management and communication.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Emerald Coast Housing Ii Inc legitimate?
Emerald Coast Housing Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emerald Coast Housing Ii 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: $0
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What is the mission statement of Emerald Coast Housing Ii Inc?
Emerald Coast Housing II Inc. is committed to providing affordable housing opportunities for families with limited financial means. The corporation strives to foster self-respect and self-reliance among its residents while maintaining the integrity of its properties and adhering to the financial goals set by its board of directors. This mission is executed through competent and professional management, active participation from the board of directors, residents, and the community, all working collaboratively to care for the property and support each other.
Who is the CEO of Emerald Coast Housing Ii Inc?
Michael Kent is the President of Emerald Coast Housing Ii Inc.
What is the revenue of Emerald Coast Housing Ii Inc?
Emerald Coast Housing Ii Inc's revenue in 2022 was $3,402,859.
Who are the executives of Emerald Coast Housing Ii Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Emerald Coast Housing Ii Inc?
Emerald Coast Housing Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Emerald Coast Housing Ii Inc
Emerald Coast Housing II Inc is committed to providing affordable housing opportunities for families of low to moderate income. The organization strives to foster self-respect and self-reliance among its residents while maintaining the financial goals set by its board of directors. This mission is achieved through competent and professional management, active participation from the board of directors, residents, and the community. All parties work together to maintain the properties and care for each other, contributing to a harmonious living environment. Emerald Coast Housing II Inc's mission is not just about offering housing; it's about promoting a sense of community and individual growth, ensuring that its residents can thrive and build a better future for themselves.
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Impact
July, 2024
Emerald Coast Housing II Inc's impact is focused on providing safe and affordable housing to low and moderate-income families in Florida, specifically through the Captains Quarters project in Destin, FL. This project includes 16 properties with 355 apartment units in Okaloosa County. The organization's mission is to offer positive housing opportunities to families of low and modest financial means, promoting self-respect and self-reliance among residents while maintaining property integrity and financial goals. Their approach involves competent management, active board participation, resident involvement, and community collaboration to care for the properties and support each other.
This information is meant to be a general summary of Emerald Coast Housing Ii 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: $3,157
- Program Service Revenue: $2,539,906
- Gross Receipts: $3,402,859
Assets and Liabilities:
- Total Assets: $10,205,346
- Total Liabilities: $11,570,698
- Net Assets: -$1,365,352
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROG.SERV.REVENUE-RELA
Revenue
$2,539,906
Organization Details
Founding Year
1996
Phone
(850) 664-6000Principal Officer
Michael Kent
Main Address
970 GULF SHORES DRIVE, DESTIN, FL, 32541
NTEE Category
Code: L200 - Housing
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