Overview
What is Stanislaus County Affordable Housing Inc?
Stanislaus County Affordable Housing Inc is a nonprofit organization based in Modesto, California, specifically at 1207 13th Street Suite 2, 95354. Their primary mission is to promote and facilitate the construction and development of affordable housing opportunities within Stanislaus County. They specialize in rehabilitating, managing, and providing residential housing units to individuals and families falling under the categories of very low, low, and moderate income. With a workforce of 10 dedicated employees, they strive to make a significant impact on the housing landscape of Stanislaus County.
Official website here: www.stancoahc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Stanislaus County Affordable Housing Inc has received an 81% rating from Charity Navigator, which reflects a strong emphasis on accountability and finance. The organization demonstrates robust financial practices, with a program expense ratio of over 90%, indicating that a significant portion of its funds is allocated directly to its programs. The presence of an entirely independent board and well-documented governance policies contributes positively to its accountability score.
Strengths of the nonprofit include a fully independent board and a comprehensive set of policies that ensure transparency and ethical management. The charity excels in areas such as financial oversight and conflict of interest policies, scoring top marks in several categories. These factors underscore the organization's commitment to responsible stewardship of resources and its focus on effective housing solutions for the community.
However, while the overall rating is commendable, it is based solely on the accountability and finance score, with no additional beacons considered. This may imply limitations in assessing other aspects of the organization, such as program effectiveness or community impact, which are not reflected in this score. Therefore, while the financial health appears strong, potential donors may seek further information on its operational outcomes and overall mission effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Stanislaus County Affordable Housing Inc legitimate?
Stanislaus County Affordable Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stanislaus County Affordable Housing 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: $151,383
Professional Fundraising Fees: $0
Other Salaries and Wages: $247,899
For more financial information, click here
Official website here: www.stancoahc.com
What is the mission statement of Stanislaus County Affordable Housing Inc?
Stanislaus County Affordable Housing Inc's mission is centered around promoting the construction and development of affordable housing opportunities for the residents of the county. The organization aims to rehabilitate, manage, and rent residential housing units, specifically targeting very low, low, and moderate income individuals. Through their efforts, they strive to provide affordable housing solutions, contributing to a more equitable living environment for the community. The organization's work is instrumental in addressing the housing needs of the less fortunate, thereby improving the overall quality of life in the community.
Official website here: www.stancoahc.com
Who is the CEO of Stanislaus County Affordable Housing Inc?
Stephen D Madison is the Vice President of Stanislaus County Affordable Housing Inc.
Official website here: www.stancoahc.com
What is the revenue of Stanislaus County Affordable Housing Inc?
Stanislaus County Affordable Housing Inc's revenue in 2023 was $3,093,467.
Official website here: www.stancoahc.com
Who are the executives of Stanislaus County Affordable Housing Inc and what are their salaries?
The average compensation at Stanislaus County Affordable Housing Inc during 2023 was $39,928. There are 10 employees at Stanislaus County Affordable Housing Inc.
Here are 6 key members and their salaries:
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- Compensation: $178,946
- Related: $0
- Other: $3,879
Official website here: www.stancoahc.com
Where can I find the form 990 for Stanislaus County Affordable Housing Inc?
Stanislaus County Affordable Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.stancoahc.com
Learn more at the official website: www.stancoahc.com
Mission Statement of Stanislaus County Affordable Housing Inc
Stanislaus County Affordable Housing Inc, as its name suggests, is committed to promoting the construction and development of affordable housing opportunities within its scope. The organization's mission is to ensure that residents of Stanislaus County have access to affordable housing options. To achieve this, the nonprofit engages in various activities, including the rehabilitation, management, and rental of residential properties. These housing units are specifically designed for individuals and families with low, moderate, and very low incomes, thereby contributing to a more inclusive and equitable housing market within the county. By promoting affordable housing, Stanislaus County Affordable Housing Inc plays a crucial role in enhancing the living conditions and overall well-being of its community members.
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Impact
July, 2024
Stanislaus County Affordable Housing Inc has a significant impact on the community by promoting the construction and development of affordable housing opportunities for the residents of Stanislaus County. The organization focuses on rehabilitating, managing, and renting residential housing to individuals with very low, low, and moderate incomes in the area. Through these efforts, Stanislaus County Affordable Housing Inc plays a crucial role in addressing the housing needs of vulnerable populations and improving overall accessibility to affordable housing in Modesto, CA.
This information is meant to be a general summary of Stanislaus County Affordable Housing 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: $51,698
- Program Service Revenue: $2,179,328
- Gross Receipts: $3,095,068
Assets and Liabilities:
- Total Assets: $9,827,254
- Total Liabilities: $9,353,998
- Net Assets: $473,256
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT INCOME
Revenue
$1,488,828
RENTAL INCOME
Revenue
$690,500
Organization Details
Founding Year
1991
Phone
(209) 574-1155Principal Officer
Stephen D Madison
Main Address
1207 13TH STREET SUITE 2, MODESTO, CA, 95354
Website
www.stancoahc.comNTEE Category
Code: Z99Z - Unknown
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