Overview
What is Ms St Fed Of Colored Women's Club Hou- Sing For The Elderly In Clarksdale Inc?
Ms. St. F.E.D. of Colored Women's Club Housing for the Elderly in Clarksdale Inc. is a nonprofit organization situated in Jackson, Mississippi. The primary mission of this organization is to provide affordable, multifamily housing for elderly and handicapped individuals. They operate under Section 202 of the National Housing Act, managing 52 apartment units specifically designed for this demographic. With a dedicated workforce of 4 employees, the organization goes by the name Federation Towers - Clarksdale. Their primary activity involves offering low-income housing solutions to the elderly and handicapped community, ensuring they have a safe and comfortable living space.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65% (Two-Star out of Four Stars)
Ms St Fed Of Colored Women's Club Hou- Sing For The Elderly In Clarksdale Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. This rating is entirely based on the Accountability & Finance beacon, which scores the organization at 65%. While the organization demonstrates strong governance with a fully independent board and good financial oversight, the overall score reflects significant concerns regarding its financial health.
The charity excels in certain areas, such as having a fully independent board and conducting regular audits. It also maintains a high program expense ratio of 80.41%, which suggests that a substantial portion of its funds is directed towards its mission-related activities. However, the organization faces serious challenges with its financial metrics, particularly with a liabilities-to-assets ratio of 153.68%, indicating that its liabilities exceed its assets significantly.
Despite the strengths in governance and program expenditure, the lack of required disclosures, such as tax form listings on its website and the absence of a conflict of interest policy, raises concerns about transparency and compliance. These limitations contribute to the overall lower rating and highlight areas for potential improvement in governance practices and financial stability.
This AI summary has been generated from information found on Charity Navigator.
Is Ms St Fed Of Colored Women's Club Hou- Sing For The Elderly In Clarksdale Inc legitimate?
Ms St Fed Of Colored Women's Club Hou- Sing For The Elderly In Clarksdale Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ms St Fed Of Colored Women's Club Hou- Sing For The Elderly In Clarksdale 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: $84,760
For more financial information, click here
What is the mission statement of Ms St Fed Of Colored Women's Club Hou- Sing For The Elderly In Clarksdale Inc?
The mission of this organization, referred to as Ms St Fed Of Colored Women's Club Hou- Sing For The Elderly Inc, is centered around providing affordable housing. Specifically, they operate 52 apartment units under Section 202 of the National Housing Act, catering to the needs of elderly and handicapped individuals. The primary objective of this organization is to offer low-cost multifamily housing, ensuring a suitable living environment for these vulnerable groups.
Who is the CEO of Ms St Fed Of Colored Women's Club Hou- Sing For The Elderly In Clarksdale Inc?
Carol Cooper is the President of Ms St Fed Of Colored Women's Club Hou- Sing For The Elderly In Clarksdale Inc.
What is the revenue of Ms St Fed Of Colored Women's Club Hou- Sing For The Elderly In Clarksdale Inc?
Ms St Fed Of Colored Women's Club Hou- Sing For The Elderly In Clarksdale Inc's revenue in 2022 was $647,268.
Who are the executives of Ms St Fed Of Colored Women's Club Hou- Sing For The Elderly In Clarksdale Inc and what are their salaries?
The average compensation at Ms St Fed Of Colored Women's Club Hou- Sing For The Elderly In Clarksdale Inc during 2022 was $21,190. There are 4 employees at Ms St Fed Of Colored Women's Club Hou- Sing For The Elderly In Clarksdale Inc.
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Where can I find the form 990 for Ms St Fed Of Colored Women's Club Hou- Sing For The Elderly In Clarksdale Inc?
Ms St Fed Of Colored Women's Club Hou- Sing For The Elderly In Clarksdale Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ms St Fed Of Colored Women's Club Hou- Sing For The Elderly In Clarksdale Inc
Ms. St. Fed of Colored Women's Club House-Sing for the Elderly in Clarksdale Inc is committed to providing affordable housing solutions for the elderly and handicapped individuals. Operating under Section 202 of the National Housing Act, this nonprofit organization has established 52 apartment units that serve as their residential space. The primary mission of Ms. St. Fed of Colored Women's Club House-Sing for the Elderly in Clarksdale Inc is to offer low-cost multifamily housing to those in need, ensuring that the elderly and handicapped population has a suitable living environment. This nonprofit organization's residential project provides a secure and comfortable living space for its residents, offering them a place to call home.
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Impact
July, 2024
Ms St Fed Of Colored Women's Club Hou- Sing For The Elderly In Clarksdale Inc's impact is significant in providing low-cost housing to elderly and handicapped individuals in Jackson, MS. Through the operation of 52 apartment units under Section 202 of the National Housing Act, the organization ensures that these vulnerable populations have a safe and affordable place to live. By offering housing assistance, this organization plays a crucial role in addressing the housing needs of the elderly and handicapped in the community, ultimately enhancing their overall quality of life and well-being.
This information is meant to be a general summary of Ms St Fed Of Colored Women's Club Hou- Sing For The Elderly In Clarksdale 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: $141
- Program Service Revenue: $647,127
- Gross Receipts: $647,268
Assets and Liabilities:
- Total Assets: $1,169,126
- Total Liabilities: $1,796,824
- Net Assets: -$627,698
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT AND SUBSID
Revenue
$639,964
OTHER CHARGES
Revenue
$7,163
Organization Details
Founding Year
1981
Phone
(601) 714-8345Principal Officer
Carol Cooper
Main Address
PO BOX 3570, JACKSON, MS, 39207
NTEE Category
Code: L21 - Housing
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