Overview
What is Las Animas Housing Development Corp?
Las Animas Housing Development Corp is a nonprofit organization situated in Las Animas, Colorado. They are dedicated to serving the community by providing safe, clean, and affordable housing options for low-income elderly individuals. Their primary mission is to ensure seniors have a secure living space, which is crucial for their well-being and quality of life. Located at 231 Locust Ave, the organization operates 28 housing units to cater to this specific demographic, contributing to the overall welfare of the elderly population in the area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%, Zero-Star out of Four Star rating. Las Animas Housing Development Corp has received a low score primarily due to its performance in Accountability & Finance, which reflects a lack of transparency and adherence to best practices in financial management.
The organization has strengths in governance, with an independent board that meets expectations for size and composition. However, significant weaknesses are noted in their financial reporting and operational transparency. Key policies such as conflict of interest and whistleblower protections are missing, which raises concerns about the nonprofit's internal controls and ethical standards.
Moreover, the organization's program expense ratio is reported at 0.00%, indicating it may not be allocating any funds towards its intended programs. This lack of investment in programming, alongside the absence of key financial documents and policies, contributes to its overall low rating. Potential donors and stakeholders should consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Las Animas Housing Development Corp legitimate?
Las Animas Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Las Animas Housing Development Corp 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
For more financial information, click here
What is the mission statement of Las Animas Housing Development Corp?
The Las Animas Housing Development Corp's mission is centered around providing safe, clean, and affordable housing options for low-income elderly individuals. This organization operates with a commitment to catering to this specific demographic, ensuring they have access to suitable living spaces. The corporation operates 28 housing units, which are dedicated to this cause.
What is the revenue of Las Animas Housing Development Corp?
Las Animas Housing Development Corp's revenue in 2023 was $97,063.
Who are the executives of Las Animas Housing Development Corp and what are their salaries?
There 2 volunteers at Las Animas Housing Development Corp.
Here are 7 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
Where can I find the form 990 for Las Animas Housing Development Corp?
Las Animas Housing Development Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Las Animas Housing Development Corp
Las Animas Housing Development Corp is committed to providing a safe and suitable living environment for low-income elderly individuals. Their mission is centered around offering affordable housing options that cater to this specific demographic. The organization operates a total of 28 housing units, ensuring that elderly people in need have access to clean and secure living spaces. By prioritizing the needs of this vulnerable population, Las Animas Housing Development Corp contributes significantly to promoting the well-being and independence of elderly individuals.
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
Las Animas Housing Development Corp's impact is providing safe, clean, and affordable housing to low-income elderly people in Las Animas, Colorado. The organization operates 28 housing units specifically designed to cater to the needs of this demographic, ensuring they have a comfortable and secure place to live. By offering these housing options, Las Animas Housing Development Corp is making a significant difference in the lives of low-income elderly individuals, providing them with a vital support system and a sense of stability and security.
This information is meant to be a general summary of Las Animas Housing Development Corp. 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 2023.
- Investment Income: $2,059
- Gross Receipts: $309,169
Assets and Liabilities:
- Total Assets: $344,006
- Total Liabilities: $73,938
- Net Assets: $270,068
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1954
Principal Officer
Steven Cordova
NTEE Category
Code: L20 - Housing
If you are a representative of Las Animas Housing Development Corp 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.