Overview
What is Non Profit Housing Corporation Of Greater Houston?
The Non Profit Housing Corporation of Greater Houston is a dedicated nonprofit organization situated in Houston, Texas. Their primary focus is on the development of low-income housing properties within the city and supporting affiliated nonprofit organizations in managing their properties. With a mission to enhance living conditions for individuals with limited income, they work tirelessly to meet this goal. Their team comprises a modest 2 members, demonstrating their commitment to this cause.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star rating)
The Non Profit Housing Corporation Of Greater Houston has received a Three-Star rating from Charity Navigator, reflecting a score of 78%. This rating indicates a solid level of accountability and financial health for the organization, which is supported by its independent governance structure and adherence to internal policies such as conflict of interest and whistleblower protections.
Strengths of the organization include its fully independent board, with 100% of its members being independent and a well-structured board size. Additionally, the charity has demonstrated effective asset management with a low liabilities to assets ratio of 0.04%, which points to a strong financial standing. However, the program expense ratio is relatively low at 57.36%, suggesting that a significant portion of its expenses may not directly support its programs, which could be a concern for potential donors.
While the organization showcases several strong governance and financial management practices, the lower program expense ratio indicates room for improvement in allocating funds towards more direct program support. Overall, the nonprofit appears to be stable and well-governed, with a commitment to transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Non Profit Housing Corporation Of Greater Houston legitimate?
Non Profit Housing Corporation Of Greater Houston is a legitimate nonprofit organization registered as a 501(c)(3) entity. Non Profit Housing Corporation Of Greater Houston 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: $248,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Non Profit Housing Corporation Of Greater Houston?
The Non-Profit Housing Corporation of Greater Houston's mission is centered around two main objectives. Firstly, it focuses on developing low-income housing properties to cater to the needs of individuals with limited financial resources. Secondly, the organization extends its support to affiliated non-profit organizations, assisting them in managing the operations of their properties. This dual mission aims to contribute to the provision of adequate housing solutions and support for various community organizations.
Who is the CEO of Non Profit Housing Corporation Of Greater Houston?
Gary W Chiles Phd is the Chairman of Non Profit Housing Corporation Of Greater Houston.
What is the revenue of Non Profit Housing Corporation Of Greater Houston?
Non Profit Housing Corporation Of Greater Houston's revenue in 2022 was $93,830.
Who are the executives of Non Profit Housing Corporation Of Greater Houston and what are their salaries?
The average compensation at Non Profit Housing Corporation Of Greater Houston during 2022 was $124,000. There are 2 employees at Non Profit Housing Corporation Of Greater Houston.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $90,800
- Related: $0
- Other: $5,385
- Compensation: $157,200
- Related: $0
- Other: $13,365
Where can I find the form 990 for Non Profit Housing Corporation Of Greater Houston?
Non Profit Housing Corporation Of Greater Houston's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Non Profit Housing Corporation Of Greater Houston
The Non Profit Housing Corporation of Greater Houston is dedicated to a notable mission. This mission encompasses two primary objectives. Firstly, the corporation focuses on developing low-income housing properties within its realm. Secondly, it provides support to affiliated non-profit organizations, helping them manage the operations of their properties effectively. By undertaking these tasks, the Non Profit Housing Corporation of Greater Houston contributes significantly to the provision of affordable housing options and aids associated non-profit organizations in achieving their objectives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Non Profit Housing Corporation Of Greater Houston plays a crucial role in addressing the housing needs of low-income residents in Houston, Texas. By focusing on the development of affordable housing properties, it directly impacts the availability of safe and stable living conditions for vulnerable populations.
In addition to constructing and managing these properties, the organization supports other nonprofit entities in the operation of their housing initiatives. This collaboration enhances the overall capacity and effectiveness of affordable housing efforts in the region. Consequently, the work of the Non Profit Housing Corporation Of Greater Houston not only provides shelter but also fosters community stability, promotes economic opportunity, and contributes to the overall well-being of residents by ensuring access to essential housing.
This information is meant to be a general summary of Non Profit Housing Corporation Of Greater Houston. 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: $287
- Program Service Revenue: $2,081
- Gross Receipts: $93,830
Assets and Liabilities:
- Total Assets: $1,318,797
- Total Liabilities: $648
- Net Assets: $1,318,149
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING FEES
Revenue
$2,081
Organization Details
Founding Year
1968
Phone
(713) 526-9470Principal Officer
Gary W Chiles Phd
Main Address
2211 NORFOLK 614, HOUSTON, TX, 770984062
NTEE Category
Code: L20 - Housing
If you are a representative of Non Profit Housing Corporation Of Greater Houston and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.