Overview
What is Southwest Florida Gwi Housing Ix Inc?
Southwest Florida Gwi Housing Ix Inc, also known as Coronado Place, is a nonprofit organization located in Fort Myers, Florida. Its primary mission is to provide HUD-sponsored independent living facilities for low-income individuals with disabilities. The organization operates 10 residential rental apartments specifically designed for the occupation of disabled persons, ensuring an inclusive environment. Their activities are centered around offering a supportive living space that empowers individuals with disabilities to maintain their independence.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Southwest Florida Gwi Housing Ix Inc has received a 79% rating from Charity Navigator, indicating a commendable level of accountability and transparency. The organization excels in several governance areas, boasting a fully independent board and strong policies regarding conflicts of interest, whistleblowing, and document retention. Additionally, the program expense ratio is high at 86.88%, suggesting that a significant portion of its funds is directed towards its mission-related activities.
Despite these strengths, the nonprofit faces challenges, particularly regarding its liabilities to assets ratio, which stands at 254.50%. This figure raises concerns about the organization's financial stability and ability to meet its obligations. Overall, while the charity demonstrates strong governance practices, potential donors and supporters may want to consider its financial health when evaluating its sustainability and effectiveness.
In summary, the organization's strong independent board and commitment to transparency are noteworthy, yet the high liabilities indicate a need for cautious assessment. Individuals interested in supporting Southwest Florida Gwi Housing Ix Inc are encouraged to weigh these factors in their decision-making process.
This AI summary has been generated from information found on Charity Navigator.
Is Southwest Florida Gwi Housing Ix Inc legitimate?
Southwest Florida Gwi Housing Ix Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Florida Gwi Housing Ix 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: $13,430
For more financial information, click here
What is the mission statement of Southwest Florida Gwi Housing Ix Inc?
Southwest Florida Gwi Housing Ix Inc is committed to providing independent living facilities, sponsored by the HUD, for low-income individuals with disabilities. Their mission is centered around offering a housing solution that empowers these individuals to live with a degree of independence. The organization operates 10 residential rental apartments, specifically designed for the occupancy of disabled persons, thereby enhancing their living conditions. This initiative aims to promote self-sufficiency and improve the quality of life for these individuals, while ensuring they have access to suitable housing accommodations.
Who is the CEO of Southwest Florida Gwi Housing Ix Inc?
Joseph Spielman is the Chair of Southwest Florida Gwi Housing Ix Inc.
What is the revenue of Southwest Florida Gwi Housing Ix Inc?
Southwest Florida Gwi Housing Ix Inc's revenue in 2022 was $82,521.
Who are the executives of Southwest Florida Gwi Housing Ix 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 Ix Inc?
Southwest Florida Gwi Housing Ix Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southwest Florida Gwi Housing Ix Inc
Southwest Florida Gwi Housing Ix Inc, a nonprofit organization, is dedicated to providing independent living facilities for low-income individuals with disabilities. Their primary mission is to operate residential rental apartments specifically designed for the occupation of disabled persons. By offering these facilities, they aim to empower and support these individuals, enabling them to live independently with the necessary accommodations and resources.
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Impact
October, 2024
Southwest Florida Gwi Housing Ix Inc significantly impacts the community by providing essential housing solutions for low-income disabled individuals. By operating ten residential rental apartments specifically designed for disabled persons in Fort Myers, the organization addresses a critical need for accessible and affordable housing. This enables residents to live independently while ensuring they have a supportive environment that caters to their unique requirements.
The availability of HUD-sponsored independent living facilities fosters a sense of community and dignity among residents, allowing them to thrive despite their challenges. By focusing on this demographic, Southwest Florida Gwi Housing Ix Inc not only enhances the quality of life for its residents but also contributes to the overall well-being of the community by promoting inclusivity and reducing homelessness among individuals with disabilities.
This information is meant to be a general summary of Southwest Florida Gwi Housing Ix 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: $5
- Program Service Revenue: $82,516
- Gross Receipts: $82,521
Assets and Liabilities:
- Total Assets: $443,894
- Total Liabilities: $973,796
- Net Assets: -$529,902
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$82,516
Organization Details
Founding Year
2001
Phone
(239) 995-2106Principal Officer
Joseph Spielman
Main Address
5100 TICE STREET, FORT MYERS, FL, 33905
NTEE Category
Code: P73 - Human services
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