Overview
What is Spbc Federation Housing Inc?
Spbc Federation Housing Inc is a nonprofit organization situated in Boca Raton, Florida. Their primary mission is to provide 104 units of rental housing specifically catering to the elderly population. Their services are designed to address the multifaceted needs of the elderly, encompassing both physical and psychological support, as well as social interaction. This includes facilities and programs tailored to meet the unique requirements of the elderly, ensuring they live in a comfortable and nurturing environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Star rating)
Spbc Federation Housing Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization excels in several areas, including having a fully independent board and no material diversion of assets. Additionally, their program expense ratio is strong at 92.52%, suggesting that a significant majority of their funds are directed towards their programs.
However, there are notable limitations in their transparency practices. The charity does not have certain policies in place, such as a whistleblower policy and a document retention and destruction policy. Furthermore, their tax form disclosures are missing from their website, which detracts from their overall accountability score.
While the organization demonstrates strong financial management and governance structures, the lack of certain transparency measures may raise concerns for potential donors looking for comprehensive accountability. Overall, while Spbc Federation Housing Inc performs well in several key areas, improvements in transparency practices could enhance their standing.
This AI summary has been generated from information found on Charity Navigator.
Is Spbc Federation Housing Inc legitimate?
Spbc Federation Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spbc Federation 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: $0
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What is the mission statement of Spbc Federation Housing Inc?
Spbc Federation Housing Inc's mission is centered around providing rental housing for the elderly. Their goal is to create an environment that caters to the physical, social, and psychological needs of the elderly. By offering suitable facilities and services, they aim to enhance the quality of life for senior citizens. The organization has put this into action by providing 104 rental housing units designed with the specific needs of the elderly in mind.
Who is the CEO of Spbc Federation Housing Inc?
Mel Lowell is the President/Director of Spbc Federation Housing Inc.
What is the revenue of Spbc Federation Housing Inc?
Spbc Federation Housing Inc's revenue in 2021 was $449.
Who are the executives of Spbc Federation Housing Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Spbc Federation Housing Inc?
Spbc Federation Housing Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Spbc Federation Housing Inc
Spbc Federation Housing Inc is dedicated to providing rental housing for the elderly. Their mission encompasses more than just offering living spaces; it extends to catering to the physical, social, and psychological needs of the elderly residents. The organization designs its facilities and services to meet these diverse needs, ensuring that the elderly can live in an environment that supports their overall well-being. With this commitment, Spbc Federation Housing Inc has provided 104 rental housing units for the elderly, demonstrating their dedication to this population.
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Impact
October, 2024
Spbc Federation Housing Inc has a significant impact on the elderly community in Boca Raton, FL, by providing essential rental housing that caters specifically to their needs. With 104 rental housing units designed to support the physical, social, and psychological well-being of senior residents, the organization creates a supportive environment that fosters community and connection.
The facilities and services offered ensure that elderly individuals have access to the resources necessary for a comfortable and fulfilling life. By prioritizing these aspects, Spbc Federation Housing Inc not only addresses housing challenges but also enhances the quality of life for its residents, enabling them to thrive in their later years. The commitment to meeting the unique needs of the elderly contributes positively to their overall health, well-being, and independence.
This information is meant to be a general summary of Spbc Federation 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 2021.
- Program Service Revenue: $449
- Gross Receipts: $449
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISCELLANEOUS REVENUE
Revenue
$449
Organization Details
Founding Year
1996
Phone
(561) 852-3100Principal Officer
Mel Lowell
Main Address
21100 95TH AVENUE S, BOCA RATON, FL, 33428
NTEE Category
Code: L22 - Housing
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