Overview
What is Heritage Towers Of The Christian Ch (Disciples Of Christ)?
Heritage Towers of The Christian Church (Disciples of Christ) is a nonprofit organization situated in Sheridan, Wyoming. With a focus on supporting low-income elderly individuals, they operate under Section 202 of the National Housing Act, in agreement with the Department of Housing and Urban Development (HUD). Their primary mission is to provide suitable housing for this specific population group, ensuring they maintain a comfortable living environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating.
Heritage Towers Of The Christian Church (Disciples Of Christ) has received a Three-Star rating, reflecting a solid overall score that highlights its commitment to accountability and finance. The organization has a perfect score for independent board members, showcasing a strong governance structure with all board members being independent. Additionally, they have robust financial oversight and transparency measures in place, such as a comprehensive audit and oversight committee.
While the charity excels in several areas, including a very high program expense ratio of 97.48%, indicating a strong focus on its mission-related activities, it does face challenges with its liabilities to assets ratio, which stands at 127.61%. This figure suggests that the organization has more liabilities than assets, which could be a concern for financial stability. Despite this limitation, the charity maintains effective policies regarding conflict of interest and whistleblower protections, further ensuring responsible management practices.
Overall, Heritage Towers demonstrates strong accountability and financial practices, though potential donors and stakeholders may wish to consider the implications of their financial ratios before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Heritage Towers Of The Christian Ch (Disciples Of Christ) legitimate?
Heritage Towers Of The Christian Ch (Disciples Of Christ) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Towers Of The Christian Ch (Disciples Of Christ) 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $189,626
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What is the mission statement of Heritage Towers Of The Christian Ch (Disciples Of Christ)?
Heritage Towers, affiliated with the Christian Church (Disciples of Christ), is dedicated to providing housing for low-income elderly individuals. This commitment is in line with Section 202 of the National Housing Act, under an agreement with the Department of Housing and Urban Development. The organization's primary goal is to offer a comfortable living space for this specific demographic, aiming to enhance their quality of life. By providing housing, Heritage Towers contributes to the well-being and security of elderly individuals who may have limited resources, ensuring they can age with dignity and independence.
What is the revenue of Heritage Towers Of The Christian Ch (Disciples Of Christ)?
Heritage Towers Of The Christian Ch (Disciples Of Christ)'s revenue in 2024 was $866,183.
Who are the executives of Heritage Towers Of The Christian Ch (Disciples Of Christ) and what are their salaries?
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Where can I find the form 990 for Heritage Towers Of The Christian Ch (Disciples Of Christ)?
Heritage Towers Of The Christian Ch (Disciples Of Christ)'s most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Heritage Towers Of The Christian Ch (Disciples Of Christ)
Heritage Towers of the Christian Church (Disciples of Christ) is committed to providing housing for low-income elderly individuals. This nonprofit organization operates under Section 202 of the National Housing Act, having entered into an agreement with the Department of Housing and Urban Development. The mission of Heritage Towers is to create a welcoming living environment for elderly individuals who may otherwise struggle to afford appropriate housing. By doing so, Heritage Towers aims to contribute to the well-being and dignity of its residents, ensuring that they can live out their later years in comfort and security.
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Impact
July, 2024
Heritage Towers Of The Christian Church (Disciples Of Christ) makes a significant impact by providing essential housing to low-income elderly persons in Sheridan, Wyoming. Through their agreement with the Department of Housing and Urban Development (HUD) under Section 202 of the National Housing Act, this organization ensures that vulnerable members of the community have a safe and affordable place to live. By offering housing support to those in need, Heritage Towers plays a crucial role in enhancing the quality of life for low-income elderly individuals in the area.
This information is meant to be a general summary of Heritage Towers Of The Christian Ch (Disciples Of Christ). 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 2024.
- Investment Income: $669
- Program Service Revenue: $776,041
- Gross Receipts: $866,183
Assets and Liabilities:
- Total Assets: $1,416,724
- Total Liabilities: $1,707,802
- Net Assets: -$291,078
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL OF HSG TO ELDERLY
Revenue
$776,041
Organization Details
Founding Year
1977
Principal Officer
Doug Goodwin
NTEE Category
Code: L20Z - Housing
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