Overview
What is Alabama Christian Housing Inc?
Alabama Christian Housing Inc is a nonprofit organization that operates the Elizabeth H Wright Apartments, a 100-unit housing complex located in Duluth, GA. The primary focus of this facility is to provide affordable living options for the elderly and self-sufficient handicapped individuals, aligning with the Housing and Urban Development's sec. 202 Housing program. The mission of Alabama Christian Housing Inc is to ensure the residents have accessible and comfortable housing, catering to their specific needs and ensuring their well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Alabama Christian Housing Inc has achieved an overall score of 85%, reflecting a strong performance in accountability and finance. The charity's score is based entirely on its accountability metrics, where it excelled in areas such as having a fully independent board and comprehensive financial audits. These factors contribute to its solid reputation among donors and stakeholders.
The organization boasts a high program expense ratio of 92.20%, indicating that a significant portion of its funds is directed toward its programs rather than administrative costs. Additionally, it has established robust policies for conflict of interest, whistleblowing, and document retention, which further enhance its accountability and transparency.
However, while Alabama Christian Housing Inc has strong strengths in governance and financial practices, it received a lower score for its liabilities to assets ratio at 62.32%. This suggests that the organization may have a relatively high level of liabilities compared to its assets, which could be a point of concern for potential donors looking at long-term financial stability.
This AI summary has been generated from information found on Charity Navigator.
Is Alabama Christian Housing Inc legitimate?
Alabama Christian Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alabama Christian Housing 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: $135,213
For more financial information, click here
What is the mission statement of Alabama Christian Housing Inc?
Alabama Christian Housing Inc's mission is centered around providing affordable housing for the elderly and self-sufficient handicapped. They operate a 100-unit apartment complex in accordance with the Housing and Urban Development's sec. 202 Housing program. Their mission involves serving this specific population by offering accessible and comfortable housing options. The aim is to enhance their living conditions and provide them with a suitable place to reside.
Who is the CEO of Alabama Christian Housing Inc?
Dr Billy D Hilyer is the Vice Chairman of Alabama Christian Housing Inc.
What is the revenue of Alabama Christian Housing Inc?
Alabama Christian Housing Inc's revenue in 2022 was $1,118,873.
Who are the executives of Alabama Christian Housing Inc and what are their salaries?
There 9 volunteers at Alabama Christian Housing Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Alabama Christian Housing Inc?
Alabama Christian Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alabama Christian Housing Inc
Alabama Christian Housing Inc, through its Elizabeth H Wright Apartments, is committed to providing affordable housing solutions for the elderly and self-sufficient handicapped individuals. The organization operates a 100-unit apartment complex in Duluth, GA, adhering to the Housing and Urban Development's sec. 202 Housing program. Their mission is to serve this specific population by offering them accessible and comfortable housing options that cater to their unique needs. This mission is carried out with the aim of enhancing the quality of life for these individuals, ensuring they have a secure and comfortable living environment.
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Impact
July, 2024
Alabama Christian Housing Inc, through its Elizabeth H Wright Apartments, is making a significant impact by providing 100 units of affordable housing for the elderly and self-sufficient handicapped individuals in Duluth, GA. By offering accessible and comfortable housing options in accordance with the Housing and Urban Development's sec. 202 Housing program, this organization is addressing a crucial need within the community. Their mission to serve this specific population demonstrates a commitment to improving the lives of vulnerable individuals by ensuring they have a safe and affordable place to call home.
This information is meant to be a general summary of Alabama Christian Housing 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: $354
- Program Service Revenue: $1,116,355
- Gross Receipts: $1,118,873
Assets and Liabilities:
- Total Assets: $1,978,275
- Total Liabilities: $1,447,331
- Net Assets: $530,944
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,116,355
Organization Details
Founding Year
1978
Phone
(678) 330-2000Principal Officer
Dr Billy D Hilyer
Main Address
2405 SATELLITE BLVD 100, DULUTH, GA, 30096
NTEE Category
Code: L210 - Housing
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