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Urban Housing Of America Inc Louisiana

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 721364399 ✦ Shreveport, LA ✦ Designated as a 501(c)(3)

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Overview

What is Urban Housing Of America Inc Louisiana?

Urban Housing of America Inc Louisiana is a nonprofit organization based in Shreveport, Louisiana. Their primary mission is to develop and manage multi-family low-income housing, providing affordable living spaces for individuals and families in need. They maintain and manage these complexes, ensuring they meet necessary standards and serve their intended purpose. The organization's activities revolve around the development and management of such housing structures, contributing to the community's social welfare and providing a vital service for low-income residents.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Urban Housing Of America Inc Louisiana has received a two-star rating, reflecting a score of 64%. This indicates that while the organization demonstrates some strengths, significant areas require improvement. The overall score suggests a need for enhanced accountability and financial transparency, particularly regarding the board's independence and the availability of financial statements.

Strengths of Urban Housing Of America include a solid program expense ratio of 72.72%, indicating that a significant portion of its funds is directed toward its programs. Additionally, the organization has implemented key policies, such as a conflict of interest policy and a whistleblower policy, which contribute to its governance framework. However, the lack of independent board members and the absence of certain financial documents on its website raise concerns about its governance practices.

On the financial front, while the organization has a manageable liabilities to assets ratio of 33.18%, the absence of independent oversight and missing financial documentation could hinder trust from potential donors and supporters. Addressing these transparency and governance issues will be crucial for Urban Housing Of America to improve its standing and enhance its effectiveness in serving its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Urban Housing Of America Inc Louisiana legitimate?

Urban Housing Of America Inc Louisiana is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Housing Of America Inc Louisiana 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: $1,026,749

For more financial information, click here

What is the mission statement of Urban Housing Of America Inc Louisiana?

Urban Housing of America Inc., in its mission, focuses on developing and managing multi-family low-income housing units. This mission is geared towards providing affordable living spaces for individuals who fall under the income bracket for low-income housing. The organization's activities extend beyond development, as it also involves maintaining and managing these multi-family housing complexes.

Who is the CEO of Urban Housing Of America Inc Louisiana?

Dottie Bell is the Treasurer of Urban Housing Of America Inc Louisiana.

What is the revenue of Urban Housing Of America Inc Louisiana?

Urban Housing Of America Inc Louisiana's revenue in 2022 was $1,370,567.

Who are the executives of Urban Housing Of America Inc Louisiana and what are their salaries?


Here are 7 key members and their salaries:


Thomas Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Gladney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willie Stringer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Madison (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Hicks (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Beales (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dottie Bell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Urban Housing Of America Inc Louisiana?

Urban Housing Of America Inc Louisiana's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Urban Housing Of America Inc Louisiana

Urban Housing of America Inc Louisiana is committed to a mission that involves developing and managing multi-family low-income housing. This nonprofit organization focuses on providing suitable living spaces for individuals and families with limited financial resources. By taking on this role, Urban Housing of America Inc Louisiana plays a significant part in addressing housing needs within the community, ensuring that those in need have access to decent and affordable housing options.

In practical terms, the organization's mission translates into the maintenance and management of multi-family low-income housing complexes. By assuming responsibility for these properties, Urban Housing of America Inc Louisiana ensures that they are well-maintained and function effectively, thereby offering safe and comfortable living environments for the residents. The organization's commitment to this mission is reflected in its dedication to managing these complexes effectively, ensuring that they meet the needs of their residents while also adhering to necessary regulations and standards.

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Impact




July, 2024

Urban Housing Of America Inc Louisiana's impact can be seen in its dedicated effort to develop and manage multi-family low-income housing in Shreveport, Louisiana. By maintaining and managing these housing complexes, they are providing essential affordable housing options for individuals and families in need. Through their mission to develop and manage multi-family low-income housing, they are addressing the pressing issue of housing insecurity and helping to improve the quality of life for those in the community. Their focus on providing affordable housing underscores the importance of accessibility to safe and stable housing for all members of society.




This information is meant to be a general summary of Urban Housing Of America Inc Louisiana. 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.

Revenue
$1,370,567 (2022)
Expenses
$1,409,050 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$25,084
  • Program Service Revenue: $1,395,651
  • Gross Receipts: $1,370,567

Assets and Liabilities:

  • Total Assets: $2,376,228
  • Total Liabilities: $788,480
  • Net Assets: $1,587,748

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MANAGEMENT FEES

Revenue

$38,603

PINES ROADS CONTRACT FEES

Revenue

$1,276,667

RENTAL INCOME

Revenue

$75,233

TENANT CHARGES

Revenue

$5,148

Organization Details

Founding Year

1997

Principal Officer

Dottie Bell

Main Address

PO BOX 3401, SHREVEPORT, LA, 71133

NTEE Category

Code: L82 - Housing

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