Overview
What is Hbhci Hud 7 Inc?
Hbhci Hud 7 Inc is a publicly-funded housing facility situated in New Port Richey, Florida. Its primary mission is to provide affordable and accessible living accommodations to individuals with disabilities who are financially disadvantaged. The organization is dedicated to ensuring that these individuals have a suitable residence, which is a significant aspect of their overall well-being. This public housing facility plays an essential role in supporting marginalized communities and helping them overcome housing challenges.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Hbhci Hud 7 Inc has achieved a strong rating of 94%, reflecting its solid performance in accountability and finance. The organization has demonstrated a commitment to transparency, with a fully independent board composed of seven members and effective policies in place, including conflict of interest and whistleblower protections. Its financial health is illustrated by a low liabilities to assets ratio of 5.01% and a robust program expense ratio of 80.83%, indicating that a significant portion of its resources is directed towards its mission.
The nonprofit's governance practices are commendable, as evidenced by the absence of material diversion of assets and thorough documentation of board meeting minutes. These factors contribute to a high level of trust for stakeholders and supporters, showcasing Hbhci Hud 7 Inc's dedication to maintaining ethical standards and operational integrity.
Despite its strengths, potential supporters should always consider the broader context of the nonprofit sector and conduct their research to ensure that the organization aligns with their values and priorities. Overall, Hbhci Hud 7 Inc stands out as a well-managed organization with a strong commitment to its mission and responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Hbhci Hud 7 Inc legitimate?
Hbhci Hud 7 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hbhci Hud 7 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: $24,588
For more financial information, click here
What is the mission statement of Hbhci Hud 7 Inc?
Hbhci Hud 7 Inc, as a mission-driven organization, is committed to providing Low-Income Handicapped Housing. Their objective is to offer housing solutions for individuals with disabilities who are financially disadvantaged. By fulfilling this mission, they aim to contribute to a more inclusive and equitable society, ensuring that everyone, regardless of their financial situation or disability, has access to a suitable living environment. The focus of Hbhci Hud 7 Inc is on providing affordable and accessible housing options, thereby enhancing the quality of life for its residents.
Who is the CEO of Hbhci Hud 7 Inc?
Gail Ryder is the Vice President of Hbhci Hud 7 Inc.
What is the revenue of Hbhci Hud 7 Inc?
Hbhci Hud 7 Inc's revenue in 2023 was $120,717.
Who are the executives of Hbhci Hud 7 Inc and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $532,476
- Other: $75,742
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- Other: $0
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hbhci Hud 7 Inc?
Hbhci Hud 7 Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hbhci Hud 7 Inc
Hbhci Hud 7 Inc, as a nonprofit organization, is dedicated to providing low-income housing for individuals with handicaps. This mission is a fundamental part of their purpose, aiming to create a living space that is inclusive and accessible for those who may face additional challenges due to their handicaps. By focusing on low-income housing, Hbhci Hud 7 Inc seeks to ensure that individuals with handicaps have the opportunity to live with dignity and independence, free from financial constraints that can often exacerbate their challenges. The organization's commitment to low-income handicapped housing is a testament to its belief in equality and inclusion, striving to create a community where everyone can thrive.
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Impact
October, 2024
Hbhci Hud 7 Inc plays a crucial role in providing accessible housing for low-income individuals with disabilities in New Port Richey, FL. By focusing on low-income handicapped housing, it addresses a significant need in the community, ensuring that individuals who may face challenges in securing safe and suitable living arrangements have a supportive environment. This initiative not only offers shelter but also promotes independence and dignity for its residents.
The facility contributes to the overall well-being of the community by creating more inclusive housing options, helping to reduce homelessness, and providing stability for vulnerable populations. In addition, Hbhci Hud 7 Inc fosters a sense of community and belonging among its residents, allowing them to thrive and engage with their surroundings.
Through its mission, Hbhci Hud 7 Inc not only improves the quality of life for its residents but also serves as a model for similar initiatives, highlighting the importance of accessible housing solutions for individuals with disabilities.
This information is meant to be a general summary of Hbhci Hud 7 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: $435
- Program Service Revenue: $38,046
- Gross Receipts: $120,717
Assets and Liabilities:
- Total Assets: $593,690
- Total Liabilities: $29,806
- Net Assets: $563,884
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent Revenue
Revenue
$38,046
Organization Details
Founding Year
2002
Phone
(727) 841-4207Principal Officer
Gail Ryder
Main Address
PO Box 428, New Port Richey, FL, 34656
NTEE Category
Code: L20 - Housing
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