Overview
What is Rocky Ford Housing Authority?
Rocky Ford Housing Authority is a compassionate nonprofit organization situated in Rocky Ford, Colorado. Their primary mission is to cater to the housing needs of individuals with limited income residing in Otero County. Through their dedicated efforts, they aim to provide affordable and suitable housing options, thereby contributing positively to the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Rocky Ford Housing Authority has earned a solid Three-Star rating from Charity Navigator, reflecting an overall score based entirely on accountability and finance metrics. The charity's accountability and finance score of 82% suggests a competent management of its resources, which is essential for sustaining its programs and initiatives.
The organization demonstrates strong governance practices, with 100% of its board members being independent, which contributes to its effective oversight. Additionally, the financial health indicators are promising, with a program expense ratio of 89.56%, meaning a significant portion of its funds is directed towards its mission-related activities. The absence of material diversion of assets further enhances the charity's credibility.
While the Rocky Ford Housing Authority shows strengths in financial management and governance, there may be areas for improvement not reflected in the current ratings. Continuous assessment and enhancement of program effectiveness could further strengthen its impact in the community. Overall, the organization appears to be a reliable option for supporters looking to contribute to affordable housing initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Rocky Ford Housing Authority legitimate?
Rocky Ford Housing Authority is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rocky Ford Housing Authority 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: $229,752
For more financial information, click here
What is the mission statement of Rocky Ford Housing Authority?
The Rocky Ford Housing Authority, as a nonprofit organization, is committed to providing low-income housing solutions within its operational region. Its primary objective is to cater to the housing needs of individuals with limited financial resources. The authority strives to make housing accessible, ensuring that everyone has a roof over their heads, regardless of their financial situation. The organization's activities are geared towards meeting this mission, aiming to create a living environment that is affordable and safe for those in need.
Who is the CEO of Rocky Ford Housing Authority?
Tracy Lovato is the Principal Officer of Rocky Ford Housing Authority.
What is the revenue of Rocky Ford Housing Authority?
Rocky Ford Housing Authority's revenue in 2022 was $966,687.
Who are the executives of Rocky Ford Housing Authority and what are their salaries?
The average compensation at Rocky Ford Housing Authority during 2022 was $32,822. There are 7 employees at Rocky Ford Housing Authority.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Rocky Ford Housing Authority?
Rocky Ford Housing Authority's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rocky Ford Housing Authority
Rocky Ford Housing Authority, as a housing development or management nonprofit, is dedicated to providing low-income housing solutions in Otero County, Colorado. This organization's mission is to make a significant impact in the community by offering affordable housing options to individuals who may otherwise struggle to secure a suitable living space. By fulfilling this mission, Rocky Ford Housing Authority plays a crucial role in ensuring that everyone has access to a decent and safe place to live, regardless of their financial situation. The nonprofit's primary focus is on providing housing solutions that meet the unique needs of the community it serves, thereby contributing to a more inclusive and equitable society.
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Impact
July, 2024
Rocky Ford Housing Authority's impact is significant in providing low-income housing in Otero County, Colorado. Through its mission to offer affordable housing options, this organization plays a crucial role in addressing the housing needs of individuals and families in the region. By ensuring that low-income residents have access to safe and stable housing, Rocky Ford Housing Authority contributes to enhancing overall community well-being and assisting those in need.
This information is meant to be a general summary of Rocky Ford Housing Authority. 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: $174
- Program Service Revenue: $952,281
- Gross Receipts: $966,687
Assets and Liabilities:
- Total Assets: $937,979
- Total Liabilities: $78,365
- Net Assets: $859,614
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Lessors of Residential Buildings and Dwellings
Revenue
$952,281
Organization Details
Founding Year
2000
Phone
(719) 254-6902Principal Officer
Tracy Lovato
Main Address
702 SANDIA DRIVE, ROCKY FORD, CO, 810670849
NTEE Category
Code: L20 - Housing
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