Overview
What is Brandon Apartments Inc?
Brandon Apartments Inc, located in Tampa, Florida, serves as a supportive housing facility for low-income individuals with disabilities. Funded by the U.S. Department of Housing and Urban Development's Section 8 Housing Assistance Program, the rent charged to qualifying tenants is subsidized. The organization's mission is to provide housing that meets the unique needs of its residents, making the property eligible to receive Section 8 benefits. While details about their additional programs and services aren't specified, it is clear that Brandon Apartments Inc aims to improve the living conditions and quality of life for those in need.
What are the reviews and ratings of this charity?
79% rating from Charity Navigator indicates that Brandon Apartments Inc holds a Three-Star out of Four Star rating, reflecting its commitment to accountability and finance. The score is based entirely on accountability measures, underscoring the organization's transparent and responsible management of resources.
Strengths include having a fully independent board, robust conflict of interest and whistleblower policies, and strong program expense ratios, demonstrating a dedicated focus on ensuring funds are directed towards the mission. Additionally, the organization has no material diversion of assets, which further highlights its financial integrity.
On the downside, the organization's liabilities to assets ratio is significantly high at 169.32%, suggesting potential financial challenges that may need addressing. Overall, while Brandon Apartments Inc shows strong governance and effective use of funds, attention may be needed on its financial stability.
This AI summary has been generated from information found on Charity Navigator.
Is Brandon Apartments Inc legitimate?
Brandon Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brandon Apartments 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: $31,102
For more financial information, click here
What is the mission statement of Brandon Apartments Inc?
Brandon Apartments Inc is committed to offering supportive housing to individuals with disabilities who are of low income. This mission aligns with the regulations set by the United States Department of Housing and Urban Development (HUD), enabling the property to receive Section 8 benefits. This housing program, funded by HUD, aims to subsidize rent for all qualified tenants due to their low-income status, thereby providing affordable living solutions for those in need.
Who is the CEO of Brandon Apartments Inc?
Steven Welch is the Director of Brandon Apartments Inc. The CEO's salary of Brandon Apartments Inc is $0 and their total compensation is $284,760.
What is the revenue of Brandon Apartments Inc?
Brandon Apartments Inc's revenue in 2022 was $143,375.
Who are the executives of Brandon Apartments Inc and what are their salaries?
Here are 10 key members and their salaries (Brandon Apartments Inc's CEO's salary is $0 and their total compensation is $284,760):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $261,599
- Other: $23,161
- Compensation: $0
- Related: $174,336
- Other: $18,119
- Compensation: $0
- Related: $216,548
- Other: $17,872
- Compensation: $0
- Related: $299,921
- Other: $30,454
Where can I find the form 990 for Brandon Apartments Inc?
Brandon Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Brandon Apartments Inc
Brandon Apartments Inc, a non-profit organization, is dedicated to providing supportive housing to individuals with disabilities who are of low income. Their mission is to ensure that these individuals have access to a stable living environment, making them eligible for Section 8 benefits, as regulated by the United States Department of Housing and Urban Development (HUD).
In essence, Brandon Apartments Inc operates under the Section 8 Housing Assistance Program, which is funded by HUD. This program is designed to help subsidize the rent costs for tenants who qualify due to their low-income status. By offering housing assistance in this manner, Brandon Apartments Inc aims to provide a safe and comfortable living environment for those who might otherwise struggle to afford it, thus improving their overall quality of life.
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Impact
June, 2024
Brandon Apartments Inc's impact can be seen in its provision of supportive housing to low-income individuals with disabilities in Tampa, FL. Through the Section 8 Housing Assistance Program funded by HUD, this organization subsidizes the rent for qualifying tenants, enabling them to access safe and affordable housing. By focusing on serving individuals with disabilities, Brandon Apartments Inc plays a crucial role in improving the quality of life and well-being of this vulnerable population. This initiative not only addresses the immediate housing needs of low-income individuals but also contributes to promoting mental health and stability within the community.
This information is meant to be a general summary of Brandon Apartments 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: $100
- Program Service Revenue: $42,611
- Gross Receipts: $143,375
Assets and Liabilities:
- Total Assets: $904,448
- Total Liabilities: $1,531,421
- Net Assets: -$626,973
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$42,611
Organization Details
Founding Year
2000
Phone
(813) 239-8064Principal Officer
Steven Welch
Main Address
5707 NORTH 22ND STREET, TAMPA, FL, 33610
NTEE Category
Code: F33 - Mental health
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