Overview
What is Southwest Florida Gwi Housing Vii Inc?
Southwest Florida Gwi Housing Vii Inc, also known as Ohio Place, is a nonprofit organization based in Fort Myers, Florida. Their primary mission is to provide HUD-sponsored independent living facilities for low-income disabled individuals. Specifically, they operate 15 residential rental apartments in Southwest Florida, which have been specifically designated for the occupation of disabled persons. Their activities revolve around offering a supportive environment for this vulnerable group, promoting their independence and overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Southwest Florida Gwi Housing Vii Inc has secured a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. This rating indicates that the organization exhibits a commitment to transparency and effective management of its financial resources, with 100% of its score derived from the Accountability & Finance beacon. The charity's recent fiscal year was FY2023, during which it achieved an Accountability & Finance score of 79.
The organization boasts several strengths, including a fully independent board of directors, which enhances governance and oversight. It has also established robust policies, such as a conflict of interest policy and a whistleblower policy, which are crucial for maintaining ethical standards. Additionally, the charity's program expense ratio is commendable at 88.33%, indicating that a significant portion of its funds is directed toward programmatic activities rather than administrative costs.
However, there is a notable limitation regarding the liabilities to assets ratio, which stands at 226.62%. This suggests potential financial risk, as liabilities exceed assets significantly. While the organization demonstrates strong governance practices and transparency, stakeholders may want to consider this financial aspect when evaluating the charity's overall health and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Southwest Florida Gwi Housing Vii Inc legitimate?
Southwest Florida Gwi Housing Vii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Florida Gwi Housing Vii 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: $18,800
For more financial information, click here
What is the mission statement of Southwest Florida Gwi Housing Vii Inc?
Southwest Florida Gwi Housing Vii Inc's mission is centered around providing independent living facilities, sponsored by the HUD, for low-income disabled individuals. Their primary objective is to offer a suitable living environment for persons with disabilities. The organization operates 15 residential rental apartments specifically designed for this purpose. By doing so, they aim to contribute to the independence and well-being of these individuals, thereby enhancing their quality of life.
Who is the CEO of Southwest Florida Gwi Housing Vii Inc?
Joseph Spielman is the Chair of Southwest Florida Gwi Housing Vii Inc.
What is the revenue of Southwest Florida Gwi Housing Vii Inc?
Southwest Florida Gwi Housing Vii Inc's revenue in 2022 was $110,522.
Who are the executives of Southwest Florida Gwi Housing Vii Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Southwest Florida Gwi Housing Vii Inc?
Southwest Florida Gwi Housing Vii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southwest Florida Gwi Housing Vii Inc
Southwest Florida Gwi Housing Vii Inc is committed to providing independent living facilities for low-income disabled individuals, as per their mission statement. This nonprofit organization operates 15 residential rental apartments specifically designed for the occupation of disabled persons. Their primary objective is to offer a living space that caters to the unique needs of individuals with disabilities, enabling them to live independently and with dignity. By providing these HUD-sponsored facilities, Southwest Florida Gwi Housing Vii Inc contributes to enhancing the quality of life for the disabled community, offering them a supportive and inclusive environment.
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Impact
October, 2024
Southwest Florida Gwi Housing Vii Inc significantly enhances the quality of life for low-income disabled individuals in the region. By operating 15 residential rental apartments specifically designed for those with disabilities, the organization creates an inclusive and supportive environment that fosters independence and community integration.
The provision of HUD-sponsored independent living facilities addresses a critical need for affordable housing, allowing disabled individuals to reside in a safe and accessible setting. This initiative not only provides shelter but also empowers residents, enabling them to live with dignity and autonomy. Through its commitment to this mission, Southwest Florida Gwi Housing Vii Inc plays a vital role in improving living conditions and promoting equal opportunities for some of the most vulnerable members of the community.
This information is meant to be a general summary of Southwest Florida Gwi Housing Vii 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: $8
- Program Service Revenue: $110,514
- Gross Receipts: $110,522
Assets and Liabilities:
- Total Assets: $785,831
- Total Liabilities: $1,604,133
- Net Assets: -$818,302
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$110,514
Organization Details
Founding Year
2001
Phone
(239) 995-2106Principal Officer
Joseph Spielman
Main Address
5100 TICE STREET, FORT MYERS, FL, 33905
NTEE Category
Code: L21 - Housing
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