Overview
What is Urban Housing Solutions Inc?
Urban Housing Solutions Inc is a nonprofit organization based in Nashville, Tennessee, with an address at 822 Woodland Street, 37206. Their primary mission involves providing affordable rental housing and essential social services to families and individuals with low to moderate income in the Nashville area. The organization's activities encompass the operation of rental projects, ensuring accessible and affordable housing solutions. With a team of 45 employees, they aim to make a positive impact on the community by offering more than just a place to live.
Official website here: www.urbanhousingsolutions.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Urban Housing Solutions Inc has achieved a high score of 96% on Charity Navigator, reflecting strong accountability and financial health. This rating is a testament to the charity's effective management practices, as all aspects of the score are derived from the Accountability & Finance category, indicating transparency and responsible use of funds.
The organization benefits from a fully independent board, demonstrating a commitment to governance and ethical oversight. With no material diversion of assets reported, Urban Housing Solutions Inc shows a solid financial footing, backed by a high program expense ratio of 97.23%, which indicates that the majority of its expenditures directly support its mission.
While the rating is exemplary, it is crucial for potential donors and stakeholders to continue monitoring the organization’s operations and any updates to its financial health to ensure ongoing accountability and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Urban Housing Solutions Inc?
92% of reviewers on Facebook recommend Urban Housing Solutions Inc. Here is a summary of their reviews:
Many supporters express a strong sense of community and belonging, with one user celebrating nearly a decade as a resident at Mercury Courts, emphasizing that it feels like home. This sentiment reflects the organization's commitment to providing stable and supportive housing for individuals and families in need.
Overall, feedback indicates that Urban Housing Solutions Inc. is effectively meeting its mission and fostering positive living environments, contributing to a high level of satisfaction among residents. The nonprofit appears to have made a significant impact on the lives of those they serve, reinforcing its reputation as a reliable housing solution.
This AI summary has been generated from reviews found on Facebook.
Is Urban Housing Solutions Inc legitimate?
Urban Housing Solutions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Housing Solutions 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: $248,233
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,223,162
For more financial information, click here
Official website here: www.urbanhousingsolutions.org
What is the mission statement of Urban Housing Solutions Inc?
Urban Housing Solutions Inc is dedicated to providing affordable rental housing and essential social services to low to moderate income individuals and families in their community. Their mission revolves around addressing the housing needs of those with limited financial resources. Through their rental projects, they offer more than just a place to live; they provide a supportive environment that goes beyond the basics of shelter. The organization aims to enhance the living experience of its residents by offering additional resources and services. By doing so, they contribute to the overall well-being and stability of the families they serve. Their commitment to their cause is unwavering, ensuring that everyone has access to a decent and affordable living situation.
Official website here: www.urbanhousingsolutions.org
Who is the CEO of Urban Housing Solutions Inc?
Brent Elrod is the Board Member of Urban Housing Solutions Inc.
Official website here: www.urbanhousingsolutions.org
What is the revenue of Urban Housing Solutions Inc?
Urban Housing Solutions Inc's revenue in 2022 was $13,351,850.
Official website here: www.urbanhousingsolutions.org
Who are the executives of Urban Housing Solutions Inc and what are their salaries?
The average compensation at Urban Housing Solutions Inc during 2022 was $54,920. There are 45 employees at Urban Housing Solutions Inc.
Here are 11 key members and their salaries:
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- Compensation: $106,825
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- Other: $8,765
- Compensation: $119,423
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- Other: $13,220
Official website here: www.urbanhousingsolutions.org
Where can I find the form 990 for Urban Housing Solutions Inc?
Urban Housing Solutions Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.urbanhousingsolutions.org
Learn more at the official website: www.urbanhousingsolutions.org
Mission Statement of Urban Housing Solutions Inc
Urban Housing Solutions Inc, a nonprofit organization, is committed to making a difference in the lives of low to moderate income individuals and families in the community. The heart of their mission lies in providing affordable rental housing, coupled with essential social services.
In practice, Urban Housing Solutions Inc offers more than just a place to live. They are dedicated to ensuring that their residents have access to the resources they need to thrive. By providing affordable housing, the organization offers stability and a solid foundation for families to build upon. Additionally, their social services aim to support residents in various aspects of their lives, enhancing their overall well-being.
Through their rental projects, Urban Housing Solutions Inc strives to create a positive impact in the lives of their residents. Their commitment to affordable housing and social services empowers families to focus on their personal growth, rather than being weighed down by financial concerns. By offering a helping hand, the organization sets the stage for a brighter future for those they serve.
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Impact
October, 2024
Urban Housing Solutions Inc significantly impacts the Nashville community by providing affordable rental housing and essential social services to low- to moderate-income individuals and families. By addressing the pressing need for accessible housing, the organization helps stabilize the lives of residents, fostering a sense of security and wellbeing. Their rental projects not only alleviate the burden of high housing costs but also offer support services that enhance the quality of life for many. Through these efforts, Urban Housing Solutions Inc contributes to the overall vibrancy and sustainability of Nashville, promoting equitable living conditions and empowering residents to thrive.
This information is meant to be a general summary of Urban Housing Solutions 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: $97,707
- Program Service Revenue: $9,386,370
- Gross Receipts: $13,351,850
Assets and Liabilities:
- Total Assets: $96,040,814
- Total Liabilities: $42,597,740
- Net Assets: $53,443,074
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$8,739,363
DEVELOPER FEES
Revenue
$581,655
APPLICATION FEES
Revenue
$42,290
LAUNDRY FEES
Revenue
$23,062
Organization Details
Founding Year
1991
Phone
(615) 726-2696Principal Officer
Brent Elrod
Main Address
822 WOODLAND STREET, NASHVILLE, TN, 37206
NTEE Category
Code: L19 - Housing
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