Overview
What is Scottsboro Housing & Social Services Inc?
Scottsboro Housing & Social Services Inc is a nonprofit organization situated in Scottsboro, Alabama. Their primary mission is to provide affordable housing for adults, the elderly, and individuals with disabilities. Beyond housing, they aim to contribute to the betterment of their community by engaging in charitable and educational activities. These activities are designed to alleviate hardships faced by the poor and underprivileged, promote education, reduce neighborhood tensions, eliminate prejudice and discrimination, and combat community deterioration. They strive to create a more inclusive and thriving environment for all.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Scottsboro Housing & Social Services Inc has received an 82% rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score is significant as it indicates the organization operates with transparency and has effective financial management practices. The charity benefits from a fully independent board, which enhances its governance and decision-making processes.
The organization demonstrates strong financial health, with a program expense ratio of 88.15%, indicating that a large portion of its funds is directed towards its programs rather than administrative costs. Additionally, it has a very low liabilities to assets ratio of 1.42%, suggesting sound fiscal practices and minimal debt. The charity also adheres to rigorous oversight, maintaining complete documentation of board meeting minutes and conducting independent financial audits.
While the rating highlights the charity's strengths in accountability, it remains primarily based on financial metrics. Potential donors may be interested in exploring additional qualitative aspects of the organization's impact and community engagement to gain a more holistic understanding of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Scottsboro Housing & Social Services Inc legitimate?
Scottsboro Housing & Social Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scottsboro Housing & Social Services 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: $312,527
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What is the mission statement of Scottsboro Housing & Social Services Inc?
Scottsboro Housing & Social Services Inc's mission is focused on providing housing for adults, the elderly, and disabled individuals, along with related charitable and educational activities. The organization aims to alleviate the struggles of the poor and distressed, as well as the underprivileged. Furthermore, it seeks to advance education with the objective of reducing neighborhood tensions, eliminating prejudice and discrimination, and combating community deterioration.
Who is the CEO of Scottsboro Housing & Social Services Inc?
Lance Armstrong is the Chairman of Scottsboro Housing & Social Services Inc.
What is the revenue of Scottsboro Housing & Social Services Inc?
Scottsboro Housing & Social Services Inc's revenue in 2022 was $2,669,423.
Who are the executives of Scottsboro Housing & Social Services Inc and what are their salaries?
Here are 6 key members and their salaries:
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- Related: $105,854
- Other: $16,164
Where can I find the form 990 for Scottsboro Housing & Social Services Inc?
Scottsboro Housing & Social Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Scottsboro Housing & Social Services Inc
Scottsboro Housing & Social Services Inc is committed to providing housing solutions and related services for adult, aged, and disabled individuals. Their mission extends beyond mere housing, as they also engage in charitable and educational activities aimed at alleviating poverty and distress, reducing neighborhood tensions, eliminating prejudice and discrimination, and combating community deterioration. In essence, their goal is to create a more equitable and inclusive community for all its residents.
Scottsboro Housing & Social Services Inc recognizes the importance of education in addressing societal issues. Therefore, they design educational programs intended to promote understanding, foster harmony, and improve living conditions for underprivileged individuals. Through these initiatives, they aim to break down barriers, challenge discrimination, and contribute to the overall betterment of their community.
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Impact
July, 2024
Scottsboro Housing & Social Services Inc has a significant impact on the community by providing affordable housing for adult, aged, and disabled persons. Additionally, they engage in charitable and educational activities aimed at helping relieve the poor and distressed, as well as combatting community deterioration. Their mission is focused on addressing neighborhood tensions, eliminating prejudice and discrimination, and creating a better living environment for those in need. Through their housing and social services initiatives, they make a positive difference in the lives of individuals and contribute to the overall well-being of the community.
This information is meant to be a general summary of Scottsboro Housing & Social Services 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: $21,482
- Program Service Revenue: $751,119
- Gross Receipts: $2,669,423
Assets and Liabilities:
- Total Assets: $12,878,826
- Total Liabilities: $182,962
- Net Assets: $12,695,864
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTAL REVENUE
Revenue
$697,069
TENANT NON-RENTAL REVENUE
Revenue
$44,109
NON-TENANT RENTAL REVENUE
Revenue
$9,941
Organization Details
Founding Year
2001
Phone
(256) 259-5600Principal Officer
Lance Armstrong
Main Address
PO BOX 430, SCOTTSBORO, AL, 35768
NTEE Category
Code: L21 - Housing
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