Overview
What is Christopher Homes Inc?
Christopher Homes Inc is a nonprofit organization based in Little Rock, Arkansas. Their primary mission is to offer affordable and comfortable housing to the elderly population with low income or mobility impairments, adhering to the Section 202 HUD apartments. The organization aims to enhance the quality of life and respect the dignity of each individual they serve. To accomplish this, they provide essential resources, supportive services, and enrichment activities, all with the goal of improving the well-being of their inhabitants.
Official website here: www.christopherhomesofarkansas.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Christopher Homes Inc has received a two-star rating from Charity Navigator, indicating the need for improvement despite achieving a respectable overall score of 73%. The organization excels in accountability and financial practices, scoring a perfect 100% in this area, which reflects strong governance with a fully independent board and positive oversight measures. They have demonstrated excellent management of their financial resources, with a high program expense ratio of 85.89%, indicating that the majority of their expenses are directed towards their programs.
However, there are notable limitations that contribute to the low overall rating. The organization is lacking critical policies such as a whistleblower policy and a document retention and destruction policy, both of which are essential for transparent operations. Additionally, their liabilities to assets ratio is concerning at 129.16%, suggesting potential financial instability that may affect their long-term sustainability.
These factors highlight the importance of addressing governance gaps and financial health to improve their standing. Stakeholders and potential donors may want to consider these aspects when evaluating their support for Christopher Homes Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Christopher Homes Inc legitimate?
Christopher Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christopher Homes 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:
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Official website here: www.christopherhomesofarkansas.org
What is the mission statement of Christopher Homes Inc?
Christopher Homes Inc's mission is centered around providing comfortable and affordable housing for low-income elderly individuals or those with mobility impairments. The organization strives to improve their quality of life and respect their dignity. To fulfill this purpose, Christopher Homes mobilizes available resources to offer essentials, supportive services, and enrichment activities to enhance the well-being of those they serve. Their mission is not just about providing a place to live, but also about enhancing the overall living experience and respecting the dignity of each individual they serve.
Official website here: www.christopherhomesofarkansas.org
Who is the CEO of Christopher Homes Inc?
Kristy Angyal is the President of Christopher Homes Inc.
Official website here: www.christopherhomesofarkansas.org
What is the revenue of Christopher Homes Inc?
Christopher Homes Inc's revenue in 2023 was $3,830,393.
Official website here: www.christopherhomesofarkansas.org
Who are the executives of Christopher Homes Inc and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.christopherhomesofarkansas.org
Where can I find the form 990 for Christopher Homes Inc?
Christopher Homes Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.christopherhomesofarkansas.org
Learn more at the official website: www.christopherhomesofarkansas.org
Mission Statement of Christopher Homes Inc
Christopher Homes Inc, a nonprofit organization, is dedicated to providing comfortable and affordable housing for the low-income elderly population in Arkansas. Their mission goes beyond just providing shelter; they strive to enhance the quality of life and respect the dignity of each person they serve. The organization is committed to mobilizing available resources to meet the basic needs, offer supportive services, and engage in enrichment activities for the benefit of their tenants. Christopher Homes Inc aims to improve the well-being of the elderly population they serve, ensuring they live with dignity and security.
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Impact
July, 2024
Christopher Homes Inc's impact lies in providing comfortable and affordable housing for the low-income elderly population in the state of Arkansas. By renting Section 202 HUD apartments to low-income or mobility-impaired tenants, the organization aims to enhance the quality of life and respect the dignity of each person they serve. Through mobilizing available resources to provide basic necessities, supportive services, and other enrichment activities, Christopher Homes Inc is dedicated to the well-being of the individuals they support. Their focus on housing for this vulnerable demographic helps address the critical need for affordable and accessible housing options, ultimately contributing to improved quality of life and dignity for low-income elderly individuals in Arkansas.
This information is meant to be a general summary of Christopher Homes 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 2023.
- Investment Income: $443
- Program Service Revenue: $3,829,950
- Gross Receipts: $3,830,393
Assets and Liabilities:
- Total Assets: $7,625,871
- Total Liabilities: $9,850,061
- Net Assets: -$2,224,190
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING
Revenue
$3,829,950
Organization Details
Founding Year
2008
Phone
(501) 664-1881Principal Officer
Kristy Angyal
Main Address
PO BOX 7565, LITTLE ROCK, AR, 722177565
NTEE Category
Code: L21 - Housing
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