Overview
What is Emmaus Housing?
Emmaus Housing is a nonprofit organization situated in Denver, Colorado, with its headquarters at 1023 26th Street. Their primary mission is to offer affordable rental housing to individuals and families falling within the low- and very-low-income brackets. In 2022, their five apartment units were inhabited by various households, including a family of six, a family of two, a couple, and two single persons. The organization believes in fostering strong relationships with its tenants, empowering them to participate in decision-making processes by inviting one tenant to join the Board of Directors. Additionally, Emmaus Housing rents out a four-bedroom house to the Denver Catholic Worker to provide temporary shelter for individuals currently experiencing homelessness. In 2022, the house was home to several families and single persons. Overall, Emmaus Housing is committed to improving the living conditions of those in need and promoting community involvement.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
Emmaus Housing has received a 73% rating from Charity Navigator, earning a Two-Star designation. This rating indicates a need for improvement in areas related to accountability and transparency. While the organization excels in having a fully independent board and demonstrates strong financial management—evidenced by a low liabilities to assets ratio and a high program expense ratio—there are significant gaps in policy documentation and online transparency.
Strengths include a majority independent board and the absence of material asset diversion, which reflects good governance practices. The organization has effectively allocated nearly all of its expenses towards programs, suggesting a strong commitment to its mission. However, the lack of key policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about the organization's operational integrity and potential accountability issues.
Overall, while Emmaus Housing shows strong financial health and governance structures, the absence of critical policies and online documentation hinders its overall rating and transparency. Addressing these deficiencies could enhance the organization's credibility and trustworthiness among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Emmaus Housing legitimate?
Emmaus Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emmaus Housing 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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What is the mission statement of Emmaus Housing?
Emmaus Housing, as a corporation, is committed to utilizing its resources solely for the purpose of providing affordable housing and aiding in the overall provision of affordable living spaces for individuals and families with low incomes. The organization's primary mission is to operate, maintain, and develop properties to house those in need. The monetary proceeds from its activities are dedicated to this cause. The organization has accommodated various low-income households, including families and individuals, in its five apartment units and a four-bedroom house rented to the Denver Catholic Worker for housing the homeless. Tenants are actively encouraged to participate in decision-making processes by being invited to join the Board of Directors. In 2022, one tenant chose to serve on the Board, demonstrating the organization's commitment to empowering its tenants.
What is the revenue of Emmaus Housing?
Emmaus Housing's revenue in 2024 was $53,603.
Who are the executives of Emmaus Housing and what are their salaries?
There 8 volunteers at Emmaus Housing.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Emmaus Housing?
Emmaus Housing's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Emmaus Housing
Emmaus Housing, a nonprofit organization, is committed to providing affordable rental housing for low-income families and individuals. In line with its mission, the corporation utilizes all earnings exclusively for the operation, maintenance, and development of properties intended to house individuals and families who fall under the low-income and very-low-income brackets. The organization's approach goes beyond just providing housing, as it encourages a sense of community among its tenants. This is achieved through personal relationships, where tenants offer both practical and emotional support to one another. The organization also empowers its tenants by inviting one member from each household to serve on the Board of Directors, allowing them to participate in decisions affecting their lives. In addition to the apartment units, Emmaus Housing also provides shelter to individuals experiencing homelessness by renting a four-bedroom house to the Denver Catholic Worker. Throughout 2022, the house was home to several families and individuals, including a family of three, a family of two, and two single persons.
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Impact
August, 2024
Emmaus Housing's impact is significant in providing affordable rental housing to low-income families and individuals in Denver, CO. Through their five apartment units and a rented house, they have housed families and individuals in the low- and very-low-income brackets, offering them a stable place to live. By fostering personal relationships with tenants and empowering them to participate in decisions through board representation, Emmaus Housing not only provides housing but also practical and emotional support to those in need. Their work with the Denver Catholic Worker to house people experiencing homelessness further demonstrates their commitment to addressing housing insecurity and improving the lives of vulnerable populations.
This information is meant to be a general summary of Emmaus Housing. 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: $1,723
- Program Service Revenue: $27,680
- Gross Receipts: $53,603
Assets and Liabilities:
- Total Assets: $590,002
- Total Liabilities: $1,600
- Net Assets: $588,402
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental income from tenants
Revenue
$24,234
HUD Section 8 rent subsidies
Revenue
$3,446
Organization Details
Founding Year
1999
Principal Officer
Theresa Miller
NTEE Category
Code: L20 - Housing
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