Overview
What is Health Educational And Housing Facility Board Of The City Of Memphis Tn?
The Health Educational and Housing Facility Board of the City of Memphis, Tennessee, is a nonprofit organization with a primary mission to address the health, educational, and affordable housing needs in the broader Memphis area. With a team of 10 dedicated individuals, their objective is to identify and implement viable financial and structural solutions to cater to these essential needs. Their work encompasses various sectors, aiming to improve the overall well-being and living conditions for the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating from Charity Navigator.
The Health Educational and Housing Facility Board of the City of Memphis, TN, has received a commendable Three-Star rating, reflecting its strong performance in accountability and financial management. With a score of 86% in this area, the organization demonstrates a high level of transparency and responsibility, which is vital for donor trust and community support.
One of the key strengths of this nonprofit is its commitment to governance, evidenced by having 100% independent board members and a well-structured audit and oversight committee. The organization also maintains a solid financial position with a low liabilities-to-assets ratio of 0.30%, indicating prudent financial management. Furthermore, the program expense ratio of approximately 78% suggests that a significant portion of its funds is directed towards fulfilling its mission.
While the overall rating and financial metrics are favorable, it is essential for potential donors and stakeholders to remain informed about the organization's ongoing projects and community impact. Continuous improvement and transparency will further bolster its reputation and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Health Educational And Housing Facility Board Of The City Of Memphis Tn legitimate?
Health Educational And Housing Facility Board Of The City Of Memphis Tn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Health Educational And Housing Facility Board Of The City Of Memphis Tn 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: $285,426
For more financial information, click here
What is the mission statement of Health Educational And Housing Facility Board Of The City Of Memphis Tn?
The Health Educational and Housing Facility Board of an unspecified city aims to discover viable structural and financial solutions to address the health, educational, and affordable housing needs within a larger community. Their mission is centered around identifying and implementing strategies that cater to these essential necessities, thereby improving the living conditions of the community members. The board's activities are aligned with this goal, focusing on finding innovative solutions to meet these crucial needs in the broader area.
Who is the CEO of Health Educational And Housing Facility Board Of The City Of Memphis Tn?
Martin Edwards is the Board Chairman of Health Educational And Housing Facility Board Of The City Of Memphis Tn.
What is the revenue of Health Educational And Housing Facility Board Of The City Of Memphis Tn?
Health Educational And Housing Facility Board Of The City Of Memphis Tn's revenue in 2022 was $3,183,025.
Who are the executives of Health Educational And Housing Facility Board Of The City Of Memphis Tn and what are their salaries?
The average compensation at Health Educational And Housing Facility Board Of The City Of Memphis Tn during 2022 was $28,543. There are 10 employees at Health Educational And Housing Facility Board Of The City Of Memphis Tn.
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Where can I find the form 990 for Health Educational And Housing Facility Board Of The City Of Memphis Tn?
Health Educational And Housing Facility Board Of The City Of Memphis Tn's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Health Educational And Housing Facility Board Of The City Of Memphis Tn
The Health Educational and Housing Facility Board of the City of Memphis TN is dedicated to identifying effective strategies and financial solutions to address the pressing needs of health, education, and affordable housing within the greater Memphis area. This nonprofit organization works tirelessly to develop innovative solutions that address the intersectionality of these critical issues, aiming to create a more equitable and sustainable community for all its residents. By focusing on structural and financial solutions, the Health Educational and Housing Facility Board of the City of Memphis TN aims to be a catalyst for positive change, ensuring that every member of the community has access to essential services and resources, regardless of their socioeconomic background.
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Impact
July, 2024
The Health Educational And Housing Facility Board Of The City Of Memphis TN plays a crucial role in addressing the health, educational, and affordable housing needs of the greater Memphis area. By identifying structural and financial solutions, the organization aims to make a positive impact on the community by enhancing access to essential services and resources. Through its mission-driven work, the board strives to improve the overall well-being and quality of life for residents in Memphis, TN.
This information is meant to be a general summary of Health Educational And Housing Facility Board Of The City Of Memphis Tn. 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: $53,826
- Program Service Revenue: $3,013,144
- Gross Receipts: $3,183,025
Assets and Liabilities:
- Total Assets: $12,421,538
- Total Liabilities: $37,630
- Net Assets: $12,383,908
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fee Income
Revenue
$2,717,202
Issurer Fees
Revenue
$295,942
Organization Details
Founding Year
1995
Phone
(901) 244-3333Principal Officer
Martin Edwards
Main Address
65 Union Avenue, Memphis, TN, 38103
NTEE Category
Code: L20D - Housing
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