Overview
What is Hudson Drive 2 Inc?
Hudson Drive 2 Inc is a nonprofit organization, established in Akron, Ohio, specifically at 725 East Market Street, 44305. Their primary mission is to offer safe, decent, and affordable housing opportunities to single women who are experiencing chronic disabilities. This commitment extends to the community of Cuyahoga Falls, Ohio. By providing a supportive living environment, Hudson Drive 2 Inc aims to empower and uplift these women, ensuring they have access to a secure and comfortable home.
Official website here: www.chcaddiction.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
Hudson Drive 2 Inc has earned a Three-Star rating with a score of 79%. This rating indicates a solid performance in accountability and finance, with the overall score reflecting a comprehensive evaluation based solely on a single beacon score. The organization demonstrates commendable governance practices, featuring a fully independent board, with 100% of its members being independent, and a healthy liabilities to assets ratio of 2.13%.
Key strengths include a high program expense ratio of 66.92%, signifying that a significant portion of funds is directed towards its programs rather than administrative costs. Additionally, the charity has successfully implemented a conflict of interest policy and maintains thorough documentation of board meeting minutes, which are essential for transparency and accountability.
However, there are notable areas for improvement. The organization lacks a whistleblower policy and has not established a document retention and destruction policy, both of which are critical for safeguarding internal processes. Addressing these gaps could enhance the organization's governance and reinforce stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Hudson Drive 2 Inc legitimate?
Hudson Drive 2 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hudson Drive 2 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: $0
For more financial information, click here
Official website here: www.chcaddiction.org
What is the mission statement of Hudson Drive 2 Inc?
Hudson Drive 2 Inc is committed to providing safe, decent, and affordable housing for single women who are living with a chronic disability. This organization's mission is centered around alleviating housing challenges for this specific demographic, ensuring they can live with dignity and independence. By offering affordable housing options, Hudson Drive 2 Inc aims to enhance the quality of life for these women, providing them with a secure living environment. The organization's activities are focused on addressing the unique needs of this group, providing them with a sense of community and support.
Official website here: www.chcaddiction.org
What is the revenue of Hudson Drive 2 Inc?
Hudson Drive 2 Inc's revenue in 2023 was $35,444.
Official website here: www.chcaddiction.org
Who are the executives of Hudson Drive 2 Inc and what are their salaries?
Here are 8 key members and their salaries:
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- Related: $205,058
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- Related: $136,253
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Official website here: www.chcaddiction.org
Where can I find the form 990 for Hudson Drive 2 Inc?
Hudson Drive 2 Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chcaddiction.org
Learn more at the official website: www.chcaddiction.org
Mission Statement of Hudson Drive 2 Inc
Hudson Drive 2 Inc, a nonprofit organization, is committed to providing safe, decent, and affordable housing accommodations for single women who are living with chronic disabilities. The primary mission of this organization is to cater to the specific housing needs of this vulnerable population, ensuring they have a secure living environment. By offering affordable housing solutions, Hudson Drive 2 Inc aims to enhance the quality of life for these women, enabling them to focus on their health and well-being.
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Impact
August, 2024
Hudson Drive 2 Inc's impact is ensuring that single women with chronic disabilities in Cuyahoga Falls, OH, have access to safe, decent, and affordable housing. By addressing this critical need, the organization is helping to improve the quality of life for these individuals and potentially empowering them to lead more independent and fulfilling lives. This initiative not only provides shelter but also promotes dignity, stability, and a sense of community for those who may face housing challenges due to their disability. In essence, Hudson Drive 2 Inc is making a significant difference by offering a vital support system that enhances the well-being of this specific demographic within the community.
This information is meant to be a general summary of Hudson Drive 2 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: $4
- Program Service Revenue: $32,640
- Gross Receipts: $35,444
Assets and Liabilities:
- Total Assets: $194,240
- Total Liabilities: $1,075
- Net Assets: $193,165
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYMENTS
Revenue
$22,442
RENTAL REVENUE
Revenue
$10,198
Organization Details
Founding Year
2001
Principal Officer
Michelle Marshall
Website
www.chcaddiction.orgNTEE Category
Code: L20 - Housing
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