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Davy Crockett Housing Development Corporation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 621731432 ✦ Morristown, TN ✦ Designated as a 501(c)(3)

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Overview

What is Davy Crockett Housing Development Corporation?

Davy Crockett Housing Development Corporation is a nonprofit organization, situated in Morristown, Tennessee, specifically at 600 Sulphur Springs Road. Their primary mission revolves around promoting and enhancing decent, safe, and sanitary housing opportunities for low-income citizens or the elderly and infirm within the state of Tennessee. To achieve this goal, they are actively seeking resources to develop affordable housing in the Hamblen County area. Their mission extends beyond just providing housing, aiming to improve the overall living conditions for those in need.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Overall Score: 70%

Star Rating: Two-Star out of Four Stars

Davy Crockett Housing Development Corporation has received a "Needs Improvement" rating from Charity Navigator, with an overall score of 70%. This indicates that while the organization demonstrates some strengths, there are significant areas that require attention, particularly in transparency and governance practices. The presence of a majority independent board and a strong liabilities to assets ratio are positive indicators of organizational health.

However, the organization struggles with several key accountability measures. It scored zero points in several categories, including the existence of a conflict of interest policy, a whistleblower policy, and the availability of board meeting minutes. These deficiencies may raise concerns among potential donors regarding the organization’s governance and accountability practices.

Despite its positive aspects, the lack of transparency in critical areas may limit trust and confidence from stakeholders. To improve its rating and enhance its overall effectiveness, Davy Crockett Housing Development Corporation would benefit from implementing necessary policies and making more financial and governance information easily accessible to the public.


This AI summary has been generated from information found on Charity Navigator.

Is Davy Crockett Housing Development Corporation legitimate?

Davy Crockett Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Davy Crockett Housing Development Corporation 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: $0

For more financial information, click here

What is the mission statement of Davy Crockett Housing Development Corporation?

The Davy Crockett Housing Development Corporation is committed to promoting and enhancing decent, safe, and sanitary housing options for individuals of low income or those who are elderly or infirm. Their mission is centered around advancing such housing solutions within the state of Tennessee. This organization seeks to utilize available resources to develop affordable housing opportunities in specific areas, such as Hamblen County, Tennessee.

Who is the CEO of Davy Crockett Housing Development Corporation?

Susie Washington is the President of Davy Crockett Housing Development Corporation.

What is the revenue of Davy Crockett Housing Development Corporation?

Davy Crockett Housing Development Corporation's revenue in 2022 was $35,351.

Who are the executives of Davy Crockett Housing Development Corporation and what are their salaries?


Here are 6 key members and their salaries:


Susie Washington (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pauletta Thomas (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Isaacs (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Preston Thompson Jr (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Johnson (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Gilbert (Executive Director)
  • Compensation: $0
  • Related: $181,780
  • Other: $0
Where can I find the form 990 for Davy Crockett Housing Development Corporation?

Davy Crockett Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Davy Crockett Housing Development Corporation

Davy Crockett Housing Development Corporation is committed to enhancing the living conditions of individuals of low income, the elderly, and the infirm in Tennessee. Their mission, as stated, is to promote and advance decent, safe, and sanitary housing for this demographic. In simpler terms, the organization aims to create and facilitate affordable housing options that cater to the needs of these vulnerable groups, ensuring they live in a clean, secure, and healthy environment. The corporation actively seeks resources to develop such housing units in the Hamblen County area of Tennessee.

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Impact




August, 2024

Davy Crockett Housing Development Corporation's impact is significant in the promotion and advancement of decent, safe, and sanitary housing for low-income individuals and the elderly in Tennessee. The organization actively seeks resources to develop affordable housing for those in need in Hamblen County, Tennessee. By focusing on providing housing options for disadvantaged populations, Davy Crockett Housing Development Corporation plays a crucial role in addressing homelessness and housing insecurity in the region. Their efforts contribute to improving the quality of life for individuals and families facing financial challenges.




This information is meant to be a general summary of Davy Crockett Housing Development Corporation. 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.

Revenue
$35,351 (2022)
Expenses
$35,962 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11,494
  • Program Service Revenue: $23,222
  • Gross Receipts: $35,351

Assets and Liabilities:

  • Total Assets: $1,010,116
  • Total Liabilities: $5,216
  • Net Assets: $1,004,900

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DWELLING RENTALS

Revenue

$23,222

Organization Details

Founding Year

1998

Principal Officer

Susie Washington

Main Address

600 SULPHUR SPRINGS ROAD, MORRISTOWN, TN, 37815

NTEE Category

Code: L20 - Housing

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