Overview
What is Sandhurst Community Capital?
Sandhurst Community Capital is a nonprofit organization situated in Clearwater, Florida, with the primary goal of promoting affordable housing. They assist sponsors and developers in tapping into various resources to finance low-income housing projects. By doing so, the organization plays a crucial role in making housing more accessible to those who need it most. Their mission is deeply rooted in the belief that everyone deserves a place to call home, regardless of their financial situation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Sandhurst Community Capital has received a Two-Star out of Four Star rating from Charity Navigator, indicating a score of 64%. This rating is predominantly based on the organization's accountability and finance, with a perfect score of 100% for having a majority of independent board members and a solid structure in place for conflict of interest and whistleblower policies. However, the absence of financial statements and the lack of a website listed on their tax form have significantly impacted their overall score.
While the organization shows strengths in governance and program expense ratios, with a notable 99.40%, the high liabilities to assets ratio of 99.11% raises concerns regarding financial health. The lack of publicly accessible financial documents could hinder transparency and donor confidence.
In summary, while Sandhurst Community Capital has established good governance practices, the areas needing improvement, particularly in financial transparency, may pose challenges for potential donors and stakeholders looking for a clearer understanding of the organization's financial status.
This AI summary has been generated from information found on Charity Navigator.
Is Sandhurst Community Capital legitimate?
Sandhurst Community Capital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sandhurst Community Capital 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 Sandhurst Community Capital?
Sandhurst Community Capital was established with a mission to advocate for affordable housing. The organization aims to assist sponsors and developers in accessing all available resources to facilitate the development of low-income housing projects. By providing financing for such projects, Sandhurst Community Capital contributes to making housing more affordable for individuals who may otherwise struggle to secure affordable housing options.
Who is the CEO of Sandhurst Community Capital?
Keith Gloeckl is the Chairman of Sandhurst Community Capital.
What is the revenue of Sandhurst Community Capital?
Sandhurst Community Capital's revenue in 2022 was $560,314.
Who are the executives of Sandhurst Community Capital and what are their salaries?
Here are 10 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
- 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 Sandhurst Community Capital?
Sandhurst Community Capital's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sandhurst Community Capital
Sandhurst Community Capital was founded with a mission to foster affordable housing and provide assistance to sponsors and developers in accessing all available resources. This nonprofit organization plays a significant role in financing low-income housing projects, aiming to contribute to the provision of affordable living spaces for individuals and families in need. By aiding sponsors and developers in accessing various resources, Sandhurst Community Capital helps facilitate the development of affordable housing projects, thereby addressing the pressing need for affordable housing in communities.
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
July, 2024
Sandhurst Community Capital's impact is evident in its dedicated efforts to promote affordable housing and support sponsors and developers in accessing available resources. By financing low-income housing projects, the organization plays a crucial role in addressing housing affordability issues in Clearwater, FL. Sandhurst Community Capital's mission to facilitate affordable housing initiatives aligns with its commitment to making a positive impact on the community and improving housing accessibility for those in need.
This information is meant to be a general summary of Sandhurst Community Capital. 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: $560,314
- Gross Receipts: $560,314
Assets and Liabilities:
- Total Assets: $10,492,399
- Total Liabilities: $10,399,704
- Net Assets: $92,695
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2018
Phone
(312) 788-2636Principal Officer
Keith Gloeckl
Main Address
915 CHESTNUT STREET, CLEARWATER, FL, 33756
NTEE Category
Code: L20 - Housing
If you are a representative of Sandhurst Community Capital 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.