Overview
What is Bethlehem Housing Inc?
Bethlehem Housing Inc, with its headquarters located at 6363 9th Avenue North, St. Petersburg, Florida 33710, is a nonprofit organization dedicated to providing affordable housing and essential services to qualified low-income elderly individuals. Regulated and subsidized by the Housing and Urban Development (HUD), the organization operates a residential apartment complex that houses 60 units. Their mission is centered around empowering elderly residents, offering them a secure living space while ensuring their overall well-being. With a small workforce of 5 employees, Bethlehem Housing Inc is committed to making a significant impact in the lives of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
Bethlehem Housing Inc has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization's overall score is derived entirely from its accountability and finance metrics, which highlights its transparency and responsible management of resources.
The organization excels in governance, boasting a fully independent board with all members maintaining a conflict of interest policy and whistleblower policy. Furthermore, it has demonstrated effective asset management with a low liabilities to assets ratio of 24.09%, and an impressive program expense ratio of 86.80%, indicating that the vast majority of its resources are directed towards fulfilling its mission.
There are no significant limitations noted in the data, as Bethlehem Housing Inc has maintained strong policies and practices that ensure good stewardship of funds. Such scoring positions it favorably among peers, suggesting that donors can have confidence in the organization’s operations and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Bethlehem Housing Inc legitimate?
Bethlehem Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethlehem 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: $124,642
For more financial information, click here
What is the mission statement of Bethlehem Housing Inc?
Bethlehem Housing Inc, as a HUD-subsidized and regulated apartment complex, is committed to providing affordable housing and essential services to qualified low-income elderly individuals. Their mission is centered around ensuring that these elderly persons have access to a living space within their means. The organization's primary goal is to cater to the needs of this specific demographic, offering them a secure and affordable place to reside. In addition to housing, Bethlehem Housing Inc also provides various other services tailored to the elderly, further enhancing their quality of life.
Who is the CEO of Bethlehem Housing Inc?
James Wayne is the President of Bethlehem Housing Inc.
What is the revenue of Bethlehem Housing Inc?
Bethlehem Housing Inc's revenue in 2023 was $472,660.
Who are the executives of Bethlehem Housing Inc and what are their salaries?
The average compensation at Bethlehem Housing Inc during 2023 was $24,928. There are 5 employees at Bethlehem Housing Inc.
Here are 7 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $80,767
- Other: $13,009
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Bethlehem Housing Inc?
Bethlehem Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bethlehem Housing Inc
Bethlehem Housing Inc, as a HUD-subsidized and regulated entity, is committed to a significant mission. Their primary objective is to offer affordable housing and essential services to qualified low-income elderly individuals. By providing 60 residential apartments, this nonprofit organization aims to cater to the housing needs of this specific demographic, thereby enhancing their quality of life. This mission reflects Bethlehem Housing Inc's dedication to supporting the elderly community, ensuring they have access to affordable housing, thereby alleviating some of the financial burdens they may face.
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Impact
July, 2024
Bethlehem Housing Inc's impact is significant in providing affordable housing and services to low-income elderly individuals in St. Petersburg, Florida. With 60 HUD subsidized and regulated residential apartments, the organization plays a crucial role in ensuring that qualified individuals have access to safe and affordable housing options. By focusing on this demographic, Bethlehem Housing Inc makes a direct and tangible difference in the lives of elderly individuals who may struggle to find suitable housing elsewhere. This impact contributes to enhancing the quality of life and well-being of the residents served by the organization.
This information is meant to be a general summary of Bethlehem 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 2023.
- Investment Income: $31
- Program Service Revenue: $178,969
- Gross Receipts: $472,660
Assets and Liabilities:
- Total Assets: $2,328,623
- Total Liabilities: $560,998
- Net Assets: $1,767,625
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT RENTS
Revenue
$178,969
Organization Details
Founding Year
1999
Phone
(727) 819-2861Principal Officer
James Wayne
Main Address
6363 9TH AVE NORTH, ST PETERSBURG, FL, 33710
NTEE Category
Code: L22 - Housing
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