Overview
What is Delta Housing Development Corporation?
Delta Housing Development Corporation is a nonprofit organization committed to aiding low-income families and elderly individuals in addressing their housing needs. Their comprehensive range of services encompasses mortgage assistance, rental support, and temporary housing aid for migrant and seasonal farmworkers. This dedicated organization strives to ensure that everyone has access to secure and adequate housing, thereby improving their overall quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star rating)
Delta Housing Development Corporation has achieved a 75% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The rating is derived entirely from its Accountability & Finance score, which showcases the organization's commitment to maintaining high standards in those areas. Notably, the charity scored exceptionally well in several areas, including having an entirely independent board and a strong program expense ratio of 87.38%.
The organization also demonstrates sound financial practices, with no material diversion of assets reported and a comprehensive conflict of interest policy in place. This transparency is further supported by the presence of an audit and oversight committee and well-documented board meeting minutes. However, one area of concern is the liabilities to assets ratio, where the charity received a low score, suggesting potential financial vulnerabilities.
Overall, Delta Housing Development Corporation shows strengths in governance and operational practices, which are crucial for building trust with donors. Nonetheless, the low score in the liabilities to assets ratio may warrant further scrutiny for potential risks in financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Delta Housing Development Corporation legitimate?
Delta Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delta 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: $407,944
For more financial information, click here
What is the mission statement of Delta Housing Development Corporation?
Delta Housing Development Corporation, as a nonprofit entity, is committed to extending aid in the realm of housing to families with limited income and elderly individuals. Their mission encompasses a range of initiatives, such as offering mortgages, providing rental assistance, and offering temporary housing assistance for migrant and seasonal farmworkers. The corporation's primary goal is to alleviate housing-related challenges and contribute to the well-being of these vulnerable groups.
Who is the CEO of Delta Housing Development Corporation?
David Jackson is the Board Member of Delta Housing Development Corporation.
What is the revenue of Delta Housing Development Corporation?
Delta Housing Development Corporation's revenue in 2022 was $1,728,299.
Who are the executives of Delta Housing Development Corporation and what are their salaries?
The average compensation at Delta Housing Development Corporation during 2022 was $40,794. There are 10 employees at Delta Housing Development Corporation.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $81,988
- Related: $0
- Other: $0
- Compensation: $47,950
- Related: $0
- Other: $0
Where can I find the form 990 for Delta Housing Development Corporation?
Delta Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Delta Housing Development Corporation
Delta Housing Development Corporation, a nonprofit organization, is committed to aiding low-income families and elderly individuals by offering housing assistance. Their mission is multifaceted, encompassing various programs aimed at addressing different housing needs. These programs include providing mortgages, offering rental assistance, and offering temporary housing assistance for migrant and seasonal farmworkers. By doing so, Delta Housing Development Corporation seeks to make housing more accessible and affordable for those who might otherwise struggle to secure adequate living arrangements.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Delta Housing Development Corporation's impact can be seen through its dedicated efforts to provide essential housing assistance to low-income families and elderly individuals. By offering a range of programs such as mortgages, rental assistance, and temporary housing support for migrant and seasonal farmworkers, the organization plays a crucial role in addressing housing needs within the community. Through these initiatives, Delta Housing Development Corporation helps improve the quality of life for those in need and contributes to creating more stable and sustainable living environments.
This information is meant to be a general summary of Delta 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,799
- Program Service Revenue: $653,652
- Gross Receipts: $1,728,299
Assets and Liabilities:
- Total Assets: $7,926,929
- Total Liabilities: $5,829,321
- Net Assets: $2,097,608
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tenant Rent
Revenue
$469,795
Mgmt Fees Earned
Revenue
$150,411
Laundry Income
Revenue
$3,393
Recovery of Bad Debt
Revenue
$30,053
Organization Details
Founding Year
1971
Phone
(662) 887-4852Principal Officer
David Jackson
Main Address
Post Office Box 847, Indianola, MS, 38751
NTEE Category
Code: L20 - Housing
If you are a representative of Delta Housing Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.