Overview
What is Brompton Community Housing Development Corp?
Brompton Community Housing Development Corp is a nonprofit organization situated in Houston, Texas, specifically at 3701 Kirby Drive Suite 860. Its primary mission is to provide affordable housing opportunities for low-income individuals. Beyond housing, the organization offers a range of services and activities tailored for over 500 elderly and low-income families. These services extend to social and recreational activities, ensuring comprehensive support for the community it serves. The organization's operations are funded through disregarded entities, indicating a commitment to its mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 31% (Zero-Star out of Four Star rating)
Brompton Community Housing Development Corp has received a low rating of 31% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization currently holds a Zero-Star rating, suggesting that it may not be effectively managing its resources in a manner consistent with best practices for nonprofits.
One of the major weaknesses identified is the complete lack of independent board members, which raises questions about governance and oversight. Additionally, important financial transparency documents, such as the tax form and the audit committee details, are missing from the organization’s website, further contributing to the low score. Although the organization does have a conflict of interest policy in place, it lacks key policies such as a whistleblower policy and document retention practices.
On a more positive note, Brompton Community Housing has demonstrated integrity by reporting no material diversion of assets and maintaining complete board meeting minutes. However, its program expense ratio is notably low at 22.67%, suggesting that a small portion of its expenses are directed towards its programs, which could be a point of concern for potential donors and stakeholders reviewing its effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Brompton Community Housing Development Corp legitimate?
Brompton Community Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brompton Community Housing Development Corp 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
What is the mission statement of Brompton Community Housing Development Corp?
Brompton Community Housing Development Corp's mission is centered around providing affordable housing opportunities. Specifically, they focus on serving low and moderate income families. Beyond just housing, they also offer social services and recreational activities to cater to the needs of over 500 elderly and low income families. These programs are funded through disregarded entities.
Who is the CEO of Brompton Community Housing Development Corp?
Chasity Elizondo is the Executive Director of Brompton Community Housing Development Corp.
What is the revenue of Brompton Community Housing Development Corp?
Brompton Community Housing Development Corp's revenue in 2022 was $1,969,994.
Who are the executives of Brompton Community Housing Development Corp and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $145,156
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Brompton Community Housing Development Corp?
Brompton Community Housing Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Brompton Community Housing Development Corp
Brompton Community Housing Development Corp, as a nonprofit organization, is dedicated to providing affordable housing solutions for low and moderate income individuals. Their mission is to offer a home to families who may not be able to afford housing expenses on their own. In addition to providing housing, the corporation also offers social services and recreational activities for over 500 elderly and low income families, funded through disregarded entities. This holistic approach ensures that the residents are not only provided with a place to live, but also have access to resources and activities that improve their quality of life.
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Impact
July, 2024
Brompton Community Housing Development Corp has had a significant impact on the Houston community by providing affordable housing for low and moderate-income individuals. Through their mission, they have been able to support over 500 elderly and low-income families by offering social services and recreational activities. This has helped alleviate financial burdens and improve the quality of life for many residents in the area. Their dedication to philanthropy and commitment to creating a stable housing environment for those in need has made a positive difference in the lives of many individuals and families in Houston.
This information is meant to be a general summary of Brompton Community Housing Development Corp. 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: -$137,819
- Program Service Revenue: $1,342,114
- Gross Receipts: $1,969,994
Assets and Liabilities:
- Total Assets: $13,677,543
- Total Liabilities: $39,034
- Net Assets: $13,638,509
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME FROM DISREGARDED ENTITIES
Revenue
$101,144
REVENUE FROM SUBSIDIARIES
Revenue
$1,240,970
Organization Details
Founding Year
1996
Phone
(713) 526-6634Principal Officer
Chasity Elizondo
Main Address
3701 Kirby Drive Suite 860, Houston, TX, 77098
NTEE Category
Code: T70 - Philanthropy
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