Overview
What is Carrfour Supportive Housing Inc?
Carrfour Supportive Housing Inc is a Miami-based nonprofit organization with a mission to combat homelessness and support vulnerable populations. They achieve this by developing affordable housing and offering supportive services as a pathway to self-sufficiency. With a team of 144 employees, their primary focus is to provide permanent housing solutions and establish self-sufficiency for individuals in need. Their commitment extends beyond shelter, as they strive to empower residents and help them regain independence.
Official website here: www.carrfour.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 92% (Four-Star out of Four Star rating)
Carrfour Supportive Housing Inc has earned a strong 92% rating from Charity Navigator, reflecting its commitment to accountability and finance. This impressive score is derived entirely from its accountability metrics, indicating a high level of transparency and responsible financial management. The organization boasts a fully independent board and effectively adheres to governance best practices, which is highlighted by its perfect scores in several key areas, including conflict of interest and whistleblower policies.
The nonprofit shows a strong commitment to program spending, with 90.37% of expenses directed towards its programs. This demonstrates a focused effort to maximize the impact of donations received. Additionally, there are no reported issues regarding material diversion of assets, reinforcing the organization's reliability and trustworthiness in handling funds.
However, while the organization performs well financially, its liabilities to assets ratio is at 60.01%, which may be a point of concern for some investors regarding financial stability. Overall, Carrfour Supportive Housing Inc stands out for its governance practices and program efficiency, making it a commendable choice for donors seeking to support a reputable nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Carrfour Supportive Housing Inc legitimate?
Carrfour Supportive Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carrfour Supportive 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: $406,456
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,335,471
For more financial information, click here
Official website here: www.carrfour.org
What is the mission statement of Carrfour Supportive Housing Inc?
Carrfour Supportive Housing Inc is dedicated to addressing residential instability by creating affordable housing options and offering supportive services as a means to promote self-sufficiency. Their mission is twofold: to combat homelessness and assist vulnerable populations in their journey towards self-sufficiency. The organization provides permanent housing solutions and establishes the foundation for individuals to regain their independence. Through these efforts, Carrfour Supportive Housing Inc aims to improve the lives of those in need and contribute to the overall betterment of their communities.
Official website here: www.carrfour.org
Who is the CEO of Carrfour Supportive Housing Inc?
Stephanie Berman is the Secretary of Carrfour Supportive Housing Inc. The CEO's salary of Carrfour Supportive Housing Inc is $217,850 and their total compensation is $238,509.
Official website here: www.carrfour.org
What is the revenue of Carrfour Supportive Housing Inc?
Carrfour Supportive Housing Inc's revenue in 2022 was $17,980,700.
Official website here: www.carrfour.org
Who are the executives of Carrfour Supportive Housing Inc and what are their salaries?
The average compensation at Carrfour Supportive Housing Inc during 2022 was $46,819. There are 144 employees at Carrfour Supportive Housing Inc.
Here are 27 key members and their salaries (Carrfour Supportive Housing Inc's CEO's salary is $217,850 and their total compensation is $238,509):
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- Compensation: $217,850
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- Compensation: $134,150
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- Compensation: $132,803
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- Other: $16,561
Official website here: www.carrfour.org
Where can I find the form 990 for Carrfour Supportive Housing Inc?
Carrfour Supportive Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.carrfour.org
Learn more at the official website: www.carrfour.org
Mission Statement of Carrfour Supportive Housing Inc
Carrfour Supportive Housing Inc, a mission-driven organization, aims to confront residential instability by developing affordable housing and offering supportive services as a pathway to self-sufficiency. In simpler terms, this nonprofit is dedicated to tackling homelessness by providing permanent housing and establishing self-sufficiency for vulnerable populations.
Carrfour Supportive Housing Inc's primary goal is to develop affordable housing units that serve as a solid foundation for individuals and families in need. The organization believes that everyone deserves a permanent place to call home, and it strives to make this a reality. Furthermore, Carrfour Supportive Housing Inc extends beyond just housing by offering supportive services. These services are designed to help individuals regain their footing and become self-sufficient.
The supportive services provided by Carrfour Supportive Housing Inc are essential for those in need of a helping hand. They offer tools and resources that empower individuals to improve their lives. By addressing the root causes of homelessness, this nonprofit is able to create a lasting impact on the lives of those it serves. In doing so, Carrfour Supportive Housing Inc plays a crucial role in breaking the cycle of homelessness and helping individuals and families build a brighter future.
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Impact
October, 2024
Carrfour Supportive Housing Inc significantly impacts the community by addressing residential instability and homelessness through the development of affordable housing and the provision of essential supportive services. By creating permanent housing solutions for homeless and vulnerable populations, they offer individuals and families a stable foundation from which to rebuild their lives. The organization not only provides a place to live but also equips residents with the tools and resources necessary for self-sufficiency, fostering a pathway toward independence and a better quality of life. Their focused approach contributes to reducing homelessness in Miami, transforming lives and creating stronger, more resilient communities.
This information is meant to be a general summary of Carrfour Supportive 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: $191,550
- Program Service Revenue: $4,813,059
- Gross Receipts: $17,980,700
Assets and Liabilities:
- Total Assets: $68,096,360
- Total Liabilities: $40,868,809
- Net Assets: $27,227,551
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS & SUBSIDIES
Revenue
$2,853,639
MANAGEMENT FEE
Revenue
$762,802
DEVELOPER FEE
Revenue
$704,223
OTHER INCOME
Revenue
$492,395
Organization Details
Founding Year
1993
Phone
(305) 371-8300Principal Officer
Stephanie Berman
Main Address
1398 SW 1ST STREET 1200, MIAMI, FL, 33135
Website
www.carrfour.orgNTEE Category
Code: L99Z - Housing
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