Overview
What is Struggle For Miamis Affordable And Sustainable Housing Incorporated?
Struggle For Miami's Affordable and Sustainable Housing Incorporated is a community-focused nonprofit establishment based in Miami, Florida. Their primary objective is to develop and manage affordable housing units to cater to the local population. The organization operates as a Community Land Trust, which means they aim to maintain long-term affordability for their housing units. Their current initiative, the Gardner's Park plan, is designed to address the issue of slum housing by providing temporary, cost-effective, and expedited housing facilities. This strategy aims to address housing concerns promptly and efficiently, ensuring that residents are not left in substandard living conditions for an extended period.
Official website here: www.smash.miami
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating
Struggle For Miami's Affordable And Sustainable Housing Incorporated has earned a One-Star rating from Charity Navigator, reflecting significant concerns in its financial practices and accountability. The organization scored particularly low on its Accountability & Finance Score, which is rated at 43. While the charity has a strong culture and community engagement score of 100, its lack of financial transparency and missing essential policies like conflict of interest and whistleblower protections raise red flags about its governance.
Despite its shortcomings in financial reporting, the organization demonstrates a strong commitment to collecting and utilizing feedback from the community, scoring a perfect 100 in both feedback collection and usage. This suggests that while there are financial accountability issues, the organization values input from those it serves and uses that feedback to inform its practices. Additionally, 100% of its board members are independent, which reflects a positive aspect of its governance structure.
However, the absence of financial statements and the lack of critical policy documentation indicate a need for improvement in transparency and operational practices. The high liabilities to assets ratio of 57.80% and a program expense ratio of 53.90% signal potential challenges in maintaining financial stability while executing its mission. Overall, while the organization shows promise in community engagement, it must address its financial accountability to build trust and ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Struggle For Miamis Affordable And Sustainable Housing Incorporated legitimate?
Struggle For Miamis Affordable And Sustainable Housing Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Struggle For Miamis Affordable And Sustainable Housing Incorporated 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: $77,174
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.smash.miami
What is the mission statement of Struggle For Miamis Affordable And Sustainable Housing Incorporated?
Struggle For Miami's Affordable and Sustainable Housing Incorporated serves as a Community Land Trust, dedicated to the mission of developing and operating affordable housing. Their primary objective is to provide cost-effective and timely solutions for residents living in substandard housing. To achieve this, they have initiated a plan called Gardner's Park, which involves temporarily rehousing residents in purpose-built expedited housing facilities. The organization's aim is to improve the living conditions of these residents, ensuring they have access to affordable and sustainable housing.
Official website here: www.smash.miami
Who is the CEO of Struggle For Miamis Affordable And Sustainable Housing Incorporated?
Mary Lisbon is the Treasurer of Struggle For Miamis Affordable And Sustainable Housing Incorporated.
Official website here: www.smash.miami
What is the revenue of Struggle For Miamis Affordable And Sustainable Housing Incorporated?
Struggle For Miamis Affordable And Sustainable Housing Incorporated's revenue in 2022 was $507,571.
Official website here: www.smash.miami
Who are the executives of Struggle For Miamis Affordable And Sustainable Housing Incorporated and what are their salaries?
Here are 15 key members and their salaries:
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Official website here: www.smash.miami
Where can I find the form 990 for Struggle For Miamis Affordable And Sustainable Housing Incorporated?
Struggle For Miamis Affordable And Sustainable Housing Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.smash.miami
Learn more at the official website: www.smash.miami
Mission Statement of Struggle For Miamis Affordable And Sustainable Housing Incorporated
Struggle for Miami's Affordable and Sustainable Housing Incorporated is dedicated to its mission as a Community Land Trust. This nonprofit organization aims to develop and manage affordable housing in Miami, Florida. Their primary objective is to provide cost-effective and timely solutions for residents living in slum housing. To achieve this, they implement a strategy known as the Gardner's Park plan. This plan involves temporarily relocating residents to purpose-built expedited housing facilities. By doing so, Struggle for Miami's Affordable and Sustainable Housing Incorporated aims to improve living conditions and address the housing needs of the community it serves.
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Impact
July, 2024
Struggle For Miami's Affordable And Sustainable Housing Incorporated, operating as a Community Land Trust, has a significant impact in Miami by developing and operating affordable housing. The organization's Gardner's Park plan addresses the urgent need for cost-effective solutions to residents living in slum housing. By providing purpose-built expedited housing facilities, they are effectively and timely rehousing individuals in need. This initiative directly contributes to community improvement in Miami, Florida.
This information is meant to be a general summary of Struggle For Miamis Affordable And Sustainable Housing Incorporated. 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.
- Gross Receipts: $507,571
Assets and Liabilities:
- Total Assets: $820,337
- Total Liabilities: $474,184
- Net Assets: $346,153
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Organization Details
Founding Year
2016
Phone
(786) 523-4734Principal Officer
Mary Lisbon
Main Address
1611 NW 65th Street, MIAMI, FL, 33147
Website
www.smash.miamiNTEE Category
Code: S20 - Community improvement
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