Overview
What is Nbc Usa Housing Inc Twenty Five?
Nbc Usa Housing Inc Twenty Five, operating under the name Calvary Plaza, is a nonprofit organization situated in New Orleans, Louisiana. Their primary focus is on providing affordable housing for the elderly and individuals with low incomes. They manage a project featuring 24 rental units, all occupied by eligible families. The organization's mission is strictly dedicated to this housing program, ensuring that those in need have access to suitable living facilities. The team at Nbc Usa Housing Inc Twenty Five consists of a small workforce of 2 individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Nbc Usa Housing Inc Twenty Five has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization scored 79% overall, with a perfect score for the majority of its governance and financial practices, such as an independent board and a documented conflict of interest policy. A high program expense ratio of 91.74% suggests that a significant portion of its budget is directed towards fulfilling its mission.
However, the nonprofit faces challenges reflected in its liabilities to assets ratio, which is notably high at 276.31%. This could raise concerns regarding financial stability and sustainability. While the organization excels in governance and accountability policies, continued vigilance will be necessary to manage its financial obligations effectively.
Overall, Nbc Usa Housing Inc demonstrates a commitment to transparency and responsible management of resources. Despite some financial concerns, the strong governance framework positions the organization well within the nonprofit sector, suggesting it is generally trustworthy for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Nbc Usa Housing Inc Twenty Five legitimate?
Nbc Usa Housing Inc Twenty Five is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nbc Usa Housing Inc Twenty Five 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.
What is the mission statement of Nbc Usa Housing Inc Twenty Five?
Nbc Usa Housing Inc Twenty Five is committed to providing elderly and low-income individuals with suitable housing options. Their sole mission is to offer facilities to those who meet the required standards. This organization operates a project consisting of 24 rental units, each housing a family. Their primary activity revolves around ensuring affordable and elderly-friendly housing for eligible individuals. This initiative aims to contribute positively to the living conditions of those in need, thereby enhancing their quality of life.
Who is the CEO of Nbc Usa Housing Inc Twenty Five?
Dr Carl P Small is the Vice President of Nbc Usa Housing Inc Twenty Five.
What is the revenue of Nbc Usa Housing Inc Twenty Five?
Nbc Usa Housing Inc Twenty Five's revenue in 2021 was $213,266.
Who are the executives of Nbc Usa Housing Inc Twenty Five and what are their salaries?
Where can I find the form 990 for Nbc Usa Housing Inc Twenty Five?
Nbc Usa Housing Inc Twenty Five's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Nbc Usa Housing Inc Twenty Five
NBC Usa Housing Inc Twenty Five is dedicated to providing housing solutions for elderly and low-income individuals who meet the qualifying standards. The organization's sole mission revolves around offering suitable facilities to these individuals, ensuring they have a place to call home. At present, NBC Usa Housing Inc Twenty Five manages 24 rental units, each occupied by a family, providing shelter and a sense of community. The organization's mission is to contribute positively to the lives of its residents, enabling them to live with dignity and security.
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Impact
October, 2024
Nbc Usa Housing Inc Twenty Five significantly impacts the community by providing essential housing for elderly and low-income individuals. Its program addresses a critical need for affordable housing in New Orleans, offering 24 well-maintained rental units that allow families to secure stable homes. By meeting the qualifying standards, the organization ensures that vulnerable populations have access to safe and supportive living environments. This initiative not only enhances the quality of life for its residents but also contributes to the overall welfare of the community by reducing homelessness and housing insecurity among the elderly and low-income families. Overall, Nbc Usa Housing Inc Twenty Five plays a vital role in fostering a more inclusive and supportive community in New Orleans.
This information is meant to be a general summary of Nbc Usa Housing Inc Twenty Five. 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 2021.
- Program Service Revenue: $213,266
- Gross Receipts: $213,266
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$209,271
FINANCE
Revenue
$3
OTHER
Revenue
$3,992
Organization Details
Founding Year
1992
Principal Officer
Dr Carl P Small
Main Address
1214 SO ROBERTSON ST, New Orleans, LA, 70113
NTEE Category
Code: L22 - Housing
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