Overview
What is Bingham Housing Inc?
Bingham Housing Inc is a nonprofit organization situated in Blackfoot, Idaho. It primarily focuses on providing housing facilities for eligible low-income and elderly individuals. With a small team of five employees, Bingham Housing Inc strives to make affordable living options available for those in need, ensuring they maintain a comfortable and secure living environment. The organization's commitment to this mission is evident in its dedicated operations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Stars
Bingham Housing Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The overall score of 73% is derived entirely from its performance in the Accountability & Finance category. This rating reflects the organization's commitment to transparency and effective management of its resources, primarily assessed during the most recent fiscal year, FY2022.
The nonprofit demonstrates strengths in having a fully independent board and a solid structure, scoring a perfect 10 out of 10 for both the majority of independent board members and the board size. Additionally, it shows no diversion of assets and maintains a healthy liabilities to assets ratio (29.76%), which suggests prudent financial management. It also documents board meeting minutes, a practice that promotes transparency.
However, the overall rating is limited to one category, which may not provide a comprehensive view of the organization's impact or program effectiveness. The lack of additional beacons like Impact and Sustainability can mean that while accountability is strong, other areas important for evaluating nonprofit success may need more insight.
This AI summary has been generated from information found on Charity Navigator.
Is Bingham Housing Inc legitimate?
Bingham Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bingham 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Bingham Housing Inc?
Bingham Housing Inc is dedicated to providing housing solutions for eligible elderly and low-income individuals. Their mission is to operate a housing facility that caters to this specific demographic, ensuring they have a safe and suitable living space. The organization's primary goal is to make affordable housing available to those who might otherwise struggle to secure it, thereby improving their quality of life. The facility provides a home where these individuals can age with dignity and security, fostering an inclusive and supportive community environment.
Who is the CEO of Bingham Housing Inc?
Virginia Graff is the Director of Bingham Housing Inc.
What is the revenue of Bingham Housing Inc?
Bingham Housing Inc's revenue in 2022 was $188,418.
Who are the executives of Bingham Housing Inc and what are their salaries?
There are 5 employees at Bingham Housing Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Bingham Housing Inc?
Bingham Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bingham Housing Inc
Bingham Housing Inc is dedicated to providing affordable housing for eligible elderly and low-income individuals. The organization's mission is centered around operating a housing facility that caters to this specific demographic, ensuring they have a safe and comfortable living space. By operating a low-income housing facility, Bingham Housing Inc is contributing to the well-being of its residents, providing them with a sense of stability and security. The organization's commitment to this mission is evident in its operation of the housing facility, which is designed to meet the needs of its qualifying elderly and low-income individuals.
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Impact
October, 2024
Bingham Housing Inc significantly impacts the community by providing accessible housing options for qualifying elderly and low-income individuals in Blackfoot, Idaho. By operating a dedicated low-income housing facility, the organization addresses critical housing needs, ensuring that vulnerable populations have a safe and stable living environment. This support not only enhances the quality of life for residents but also fosters a sense of community among individuals who may otherwise struggle to find affordable housing. The presence of Bingham Housing Inc helps to alleviate housing insecurity, promoting dignity and independence for those it serves.
This information is meant to be a general summary of Bingham 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 2022.
- Investment Income: $41
- Program Service Revenue: $275,516
- Gross Receipts: $587,287
Assets and Liabilities:
- Total Assets: $804,198
- Total Liabilities: $239,358
- Net Assets: $564,840
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVT RENT SUBSIDY
Revenue
$275,516
Organization Details
Founding Year
1975
Phone
(208) 785-9639Principal Officer
Virginia Graff
Main Address
PO BOX 986, BLACKFOOT, ID, 83221
NTEE Category
Code: L20Z - Housing
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