Overview
What is Dallas City Homes Inc?
Dallas City Homes Inc, situated in Dallas, Texas, is a nonprofit organization dedicated to providing affordable housing for low and moderate-income individuals. Their mission is to deliver high-quality, innovative solutions to cater to family housing needs, aiming to enhance and improve the health of Dallas communities. By rehabilitating, developing, and managing affordable housing units, Dallas City Homes Inc plays a crucial role in ensuring accessibility to comfortable living spaces for a significant portion of the population. With a total workforce of three individuals, they are committed to making a positive impact on their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (56%)
Dallas City Homes Inc has received a One-Star out of Four Star rating on Charity Navigator, indicating significant room for improvement in its accountability and financial practices. While it boasts a fully independent board and solid program expense ratio, the overall score reflects serious weaknesses, particularly in financial transparency and governance policies.
The organization performs well in certain areas, such as having no material diversion of assets and a substantial program expense ratio of 79.69%. However, critical deficiencies are noted, including the absence of financial statements, a whistleblower policy, and a document retention and destruction policy, which raises concerns about its operational integrity and accountability.
Overall, while Dallas City Homes Inc has some commendable aspects, such as board independence and effective use of funds for programs, the lack of essential financial documentation and policies suggests a need for greater attention to governance and transparency to improve its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Dallas City Homes Inc legitimate?
Dallas City Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dallas City 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:
Executive Compensation: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $702,927
For more financial information, click here
What is the mission statement of Dallas City Homes Inc?
Dallas City Homes Inc's mission is centered around providing high-quality and innovative solutions for family housing. Their primary goal is to meet the needs of low and moderate-income individuals, aiming to improve and stabilize their communities' health. They achieve this by rehabilitating, developing, and managing affordable housing units. In essence, Dallas City Homes Inc is committed to enhancing living conditions and offering essential resources to foster the well-being of its residents.
Who is the CEO of Dallas City Homes Inc?
Jason Brown is the Chairman of Dallas City Homes Inc.
What is the revenue of Dallas City Homes Inc?
Dallas City Homes Inc's revenue in 2022 was $4,248,867.
Who are the executives of Dallas City Homes Inc and what are their salaries?
The average compensation at Dallas City Homes Inc during 2022 was $274,309. There are 3 employees and 6 volunteers at Dallas City Homes Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $120,000
- Related: $0
- Other: $0
- 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: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Dallas City Homes Inc?
Dallas City Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dallas City Homes Inc
Dallas City Homes Inc, a nonprofit organization, is committed to providing high-quality, innovative solutions to address the need for affordable housing for low and moderate-income individuals. Their mission is twofold: first, to develop and manage affordable housing units, and second, to deliver resources that aid in stabilizing and improving the health of local communities. By rehabilitating existing properties and constructing new ones, Dallas City Homes Inc offers a range of housing options to those in need, thereby contributing to a more equitable living standard for its residents.
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
July, 2024
Dallas City Homes Inc's impact is significant in providing affordable housing for low and moderate-income individuals in Dallas, Texas. Through their efforts in rehabilitating, developing, and managing affordable housing, they are actively addressing the housing needs of families in the community. By delivering important resources and innovative solutions, Dallas City Homes Inc is helping to stabilize and improve the health of Dallas communities, ultimately making a positive difference in the lives of those in need.
This information is meant to be a general summary of Dallas City 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 2022.
- Investment Income: $1,927
- Program Service Revenue: $3,184,198
- Gross Receipts: $4,248,867
Assets and Liabilities:
- Total Assets: $10,870,135
- Total Liabilities: $9,772,868
- Net Assets: $1,097,267
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.
RENTAL INCOME
Revenue
$3,184,198
Organization Details
Founding Year
1989
Phone
(214) 943-9007Principal Officer
Jason Brown
Main Address
711 N BECKLEY AVE SUITE D, DALLAS, TX, 75203
NTEE Category
Code: L200 - Housing
If you are a representative of Dallas City Homes Inc 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.