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Gulf Coast Heron Housing Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 593386553 ✦ Clearwater, FL ✦ Designated as a 501(c)(3)

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Overview

What is Gulf Coast Heron Housing Inc?

Gulf Coast Heron Housing Inc is a nonprofit organization situated in Clearwater, Florida. Their primary mission is to provide housing for the low-income elderly population, specifically through Myrtle Oaks, a 100-unit apartment complex. This project, located in northeast Tampa, falls under Section 202 of the National Housing Act. The organization is regulated by the U.S. Department of Housing and Urban Development with regard to rental charges and operational methods, ensuring the elderly population in their care have access to suitable living facilities. The overall goal is to enhance the elderly's health, security, happiness, and usefulness in longer living.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79%, Three-Star out of Four Star rating

Gulf Coast Heron Housing Inc. has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The overall score is based entirely on the accountability and finance beacon, which indicates a strong focus on transparency and effective financial management. The organization has demonstrated commendable practices, including a fully independent board and comprehensive financial oversight.

Key strengths of Gulf Coast Heron Housing include a 75.51% program expense ratio, meaning the majority of its funds are directed towards its programs rather than administrative costs. It also has strong governance practices, with all board members being independent and various policies in place to ensure ethical conduct and financial integrity. The organization has received full points in multiple areas, showcasing its commitment to accountability.

While the overall rating is positive, the score is based solely on the accountability and finance metrics, suggesting that there may be areas related to program impact and effectiveness that are not covered in this assessment. Nonetheless, the organization appears to be well-managed and committed to best practices in financial reporting and governance.


This AI summary has been generated from information found on Charity Navigator.

Is Gulf Coast Heron Housing Inc legitimate?

Gulf Coast Heron Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gulf Coast Heron 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $134,009

For more financial information, click here

What is the mission statement of Gulf Coast Heron Housing Inc?

Gulf Coast Heron Housing Inc's mission is centered around providing housing facilities and services specifically tailored to cater to the unique needs of the elderly population. This organization strives to enhance the physical, social, and psychological well-being of elderly individuals, aiming to promote their health, security, happiness, and usefulness in their later years. The goal is to help these individuals live fulfilling lives, ensuring their overall happiness and well-being. Gulf Coast Heron Housing Inc operates Myrtle Oaks, a 100-unit apartment complex, which provides housing for low-income elderly persons under Section 202 of the National Housing Act. The project is regulated by the U.S. Department of Housing and Urban Development in terms of rental charges and operating methods.

Who is the CEO of Gulf Coast Heron Housing Inc?

Dr Sandra E Braham is the President/Ceo of Gulf Coast Heron Housing Inc. The CEO's salary of Gulf Coast Heron Housing Inc is $0 and their total compensation is $296,503.

What is the revenue of Gulf Coast Heron Housing Inc?

Gulf Coast Heron Housing Inc's revenue in 2022 was $843,818.

Who are the executives of Gulf Coast Heron Housing Inc and what are their salaries?

There 8 volunteers at Gulf Coast Heron Housing Inc.


Here are 9 key members and their salaries (Gulf Coast Heron Housing Inc's CEO's salary is $0 and their total compensation is $296,503):


Edi Erb (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Ziegler (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Thornton (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Amber Gum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore A Corless (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jody Bone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Lopez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Sandra E Braham (President/Ceo)
  • Compensation: $0
  • Related: $258,811
  • Other: $37,692
Paul Dennison (Cfo)
  • Compensation: $0
  • Related: $41,905
  • Other: $1,579
Where can I find the form 990 for Gulf Coast Heron Housing Inc?

Gulf Coast Heron Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Gulf Coast Heron Housing Inc

Gulf Coast Heron Housing Inc is dedicated to providing housing for the low-income elderly population. Their mission is to offer elderly individuals housing facilities and services specifically designed to cater to their physical, social, and psychological needs. This organization strives to promote their health, security, happiness, and usefulness in longer living. To achieve this, Gulf Coast Heron Housing Inc operates Myrtle Oaks, a 100-unit apartment complex for low-income elderly persons, following the guidelines set by Section 202 of the National Housing Act. The U.S. Department of Housing and Urban Development regulates this project in terms of rental charges and operating methods.

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Impact




July, 2024

Gulf Coast Heron Housing Inc's impact is evident in its provision of housing to the low-income elderly population through Myrtle Oaks, a 100-unit apartment complex located in northeast Tampa. This initiative under Section 202 of the National Housing Act is regulated by the U.S. Department of Housing and Urban Development, ensuring affordability and operational standards. By offering housing facilities and services tailored to meet the physical, social, and psychological needs of elderly residents, the organization promotes their health, security, happiness, and usefulness in longer living. Gulf Coast Heron Housing Inc's commitment to this cause significantly contributes to enhancing the quality of life for low-income elderly individuals, fostering a sense of community and support within Clearwater, FL.




This information is meant to be a general summary of Gulf Coast Heron 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.

Revenue
$843,818 (2022)
Expenses
$1,146,537 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2
  • Program Service Revenue: $275,091
  • Gross Receipts: $843,818

Assets and Liabilities:

  • Total Assets: $3,036,638
  • Total Liabilities: $5,965,627
  • Net Assets: -$2,928,989

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$275,091

Organization Details

Founding Year

1996

Principal Officer

Dr Sandra E Braham

Main Address

14041 ICOT BLVD, CLEARWATER, FL, 337603702

NTEE Category

Code: L22 - Housing

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