Overview
What is Legacy Housing Foundation Inc?
Legacy Housing Foundation Inc, located in Knoxville, Tennessee, is a nonprofit organization dedicated to improving the lives of individuals in need of affordable housing. They achieve this goal by offering innovative programs, life-enhancing services, and strong, affordable housing communities. The foundation's mission is to improve the quality of life for these individuals by developing quality affordable housing and providing a wide range of services and programs. These offerings address the social, economic, and physical issues that enable individuals to maintain a stable, happy lifestyle. The organization's efforts extend beyond just housing, providing emotional and spiritual support for those in need. With a team of two dedicated individuals, Legacy Housing Foundation Inc strives to make a significant impact on the lives of its community members.
Official website here: www.legacyhousingfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Legacy Housing Foundation Inc has received a solid rating of 83%, showcasing its commitment to accountability and financial transparency. This score is derived entirely from its Accountability & Finance performance, reflecting a robust approach to governance and operational integrity. The foundation's strong points include a fully independent board and no material diversion of assets, which are critical indicators of trustworthiness.
The organization has received perfect scores in several key areas, including the independence of its board members and its liabilities to assets ratio. It has demonstrated effective management of its resources, with a program expense ratio of over 72%, indicating that a significant portion of its financial resources is directed towards its mission. Additionally, it maintains essential policies such as a conflict of interest policy and documents meeting minutes, which further enhance its operational transparency.
However, there are a couple of areas where the foundation could improve. It currently lacks a whistleblower policy and a document retention and destruction policy, which are important for safeguarding both the organization and its stakeholders. Addressing these gaps would strengthen its accountability framework and potentially lead to an even higher rating in the future. Overall, Legacy Housing Foundation Inc appears to be a responsibly managed nonprofit with a clear focus on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Legacy Housing Foundation Inc legitimate?
Legacy Housing Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy Housing Foundation 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: $144,357
For more financial information, click here
Official website here: www.legacyhousingfoundation.org
What is the mission statement of Legacy Housing Foundation Inc?
Legacy Housing Foundation Inc's mission is centered around enhancing the lives of individuals in need of affordable housing. Their primary objective is to improve the quality of life for these individuals by developing high-quality, affordable housing units. In addition, they provide a wide array of services and programs designed to address the social, economic, and physical challenges that these individuals face. These programs aim to help maintain a stable and happy lifestyle for the residents. The foundation also organizes events that uplift the lives of these individuals, offering them social, emotional, and spiritual support.
Official website here: www.legacyhousingfoundation.org
Who is the CEO of Legacy Housing Foundation Inc?
Carolyn Gilliam is the Secretary of Legacy Housing Foundation Inc.
Official website here: www.legacyhousingfoundation.org
What is the revenue of Legacy Housing Foundation Inc?
Legacy Housing Foundation Inc's revenue in 2022 was $69,176.
Official website here: www.legacyhousingfoundation.org
Who are the executives of Legacy Housing Foundation Inc and what are their salaries?
The average compensation at Legacy Housing Foundation Inc during 2022 was $72,178. There are 2 employees at Legacy Housing Foundation Inc.
Here are 11 key members and their salaries:
- 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
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.legacyhousingfoundation.org
Where can I find the form 990 for Legacy Housing Foundation Inc?
Legacy Housing Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.legacyhousingfoundation.org
Learn more at the official website: www.legacyhousingfoundation.org
Mission Statement of Legacy Housing Foundation Inc
Legacy Housing Foundation, a renowned organization, is committed to enhancing the lives of individuals in need of affordable housing. Their mission is twofold: firstly, they strive to develop high-quality, affordable housing facilities. Secondly, they provide a wide array of services and programs to address the social, economic, and physical challenges that these individuals face. By doing so, Legacy Housing Foundation aims to help them maintain a stable and fulfilling lifestyle.
In essence, Legacy Housing Foundation is dedicated to improving the quality of life for its beneficiaries. They achieve this by offering innovative programs and life-enhancing services. These services extend beyond just providing shelter, addressing the holistic needs of the individuals. They cater to their emotional, social, and even spiritual well-being, aiming to uplift their lives and promote overall happiness. By offering these comprehensive services, Legacy Housing Foundation seeks to empower the individuals they serve, enabling them to lead stable and fulfilling lives.
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
August, 2024
Legacy Housing Foundation Inc's impact lies in its commitment to improving the quality of life for individuals in need of affordable housing. By developing quality affordable housing and providing a wide range of services and programs, Legacy Housing Foundation Inc uplifts the lives of those in need. Through events and initiatives that offer social, emotional, and spiritual support, this organization in Knoxville, TN, is dedicated to creating strong and supportive communities for everyone. Legacy Housing Foundation Inc's mission to address social, economic, and physical issues, enables people to maintain a stable and happy lifestyle, making a significant impact in the realm of affordable housing.
This information is meant to be a general summary of Legacy Housing Foundation 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: $4,115
- Gross Receipts: $69,176
Assets and Liabilities:
- Total Assets: $316,402
- Total Liabilities: $4,343
- Net Assets: $312,059
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2016
Phone
(865) 549-7441Principal Officer
Carolyn Gilliam
Main Address
900 SOUTH GAY STREET STE 2000, KNOXVILLE, TN, 37902
NTEE Category
Code: L20 - Housing
If you are a representative of Legacy Housing Foundation 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.