Overview
What is Greenville Housing Fund?
Greenville Housing Fund is a nonprofit organization based in Greenville, South Carolina, specifically at 100 West Antrim Drive, 29607. As a convenor, advocate, investor, and funder, it collaborates with various stakeholders to enhance and preserve a range of safe, accessible, high-quality, and affordable housing options. Its mission is to address housing affordability challenges in Greenville County, catering to the diverse needs of the growing economy and thriving community. The organization has supported the development and preservation of 225 affordable housing units, launched a community-wide strategic plan, established the Greenville Affordable Housing Coalition, expanded its land bank, and aided in the renovation of 9 owner-occupied single-family homes.
Official website here: www.greenvillehousingfund.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 89%, Three-Star out of Four Star rating.
The Greenville Housing Fund has received a solid Three-Star rating with a score of 89%, indicating a strong performance in accountability and finance. Notably, the organization boasts a fully independent board, effective oversight policies, and a high program expense ratio, signifying that a significant portion of its funds is directed towards its programs rather than administrative costs.
Strengths include a well-structured governance framework, with 100% independent board members and comprehensive policies in place regarding conflicts of interest and whistleblowing. The financial health of the organization appears robust, although its liabilities to assets ratio suggests there may be some financial obligations that could impact sustainability.
While the overall rating indicates good standing, the organization should focus on improving its liabilities to assets ratio to enhance financial stability and ensure long-term viability. Additionally, maintaining transparency and accountability will be crucial as it continues its mission to support housing initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Greenville Housing Fund legitimate?
Greenville Housing Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenville Housing Fund 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: $172,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $369,481
For more financial information, click here
Official website here: www.greenvillehousingfund.com
What is the mission statement of Greenville Housing Fund?
The Greenville Housing Fund, acting as a convener, advocate, investor, and funder, works towards ensuring housing affordability solutions that cater to diverse needs in a growing economy and thriving community. Their mission is to engage with key partners, developers, elected officials, community stakeholders, and residents, aiming to increase and preserve the supply of a variety of safe, accessible, high-quality, and affordable housing choices. This initiative supports economic growth and promotes prosperity for all citizens, as housing affordability is a crucial component of overall community well-being. The fund has supported the development and preservation of 225 units of affordable housing, launched an affordable housing coalition, and contributed to various community initiatives, such as a strategic plan and a homeowner preservation program.
Official website here: www.greenvillehousingfund.com
Who is the CEO of Greenville Housing Fund?
Bryan Brown is the President of Greenville Housing Fund.
Official website here: www.greenvillehousingfund.com
What is the revenue of Greenville Housing Fund?
Greenville Housing Fund's revenue in 2021 was $2,185,832.
Official website here: www.greenvillehousingfund.com
Who are the executives of Greenville Housing Fund and what are their salaries?
There 73 volunteers at Greenville Housing Fund.
Here are 17 key members and their salaries:
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Official website here: www.greenvillehousingfund.com
Where can I find the form 990 for Greenville Housing Fund?
Greenville Housing Fund's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.greenvillehousingfund.com
Learn more at the official website: www.greenvillehousingfund.com
Mission Statement of Greenville Housing Fund
Greenville Housing Fund, as a dedicated organization, is committed to ensuring that Greenville achieves housing affordability solutions that cater to the diverse needs of its growing economy and thriving community. By acting as a convener, advocate, investor, and funder, Greenville Housing Fund collaborates with key partners, developers, elected officials, community stakeholders, and residents to expand and preserve the supply of a range of safe, accessible, high-quality, and affordable housing options. This initiative supports economic growth and promotes prosperity for all citizens throughout Greenville County.
In pursuit of its mission, Greenville Housing Fund has supported the development and preservation of 225 units of affordable housing, completed a community-wide affordable housing strategic plan, launched the Greenville Affordable Housing Coalition to foster ongoing community education, and added parcels to its land bank. Furthermore, Greenville Housing Fund has supported the renovation of 9 owner-occupied single-family homes through its Homeowner Preservation Program. By undertaking these initiatives, Greenville Housing Fund is dedicated to ensuring that Greenville's diverse population has access to affordable and high-quality housing options, thereby contributing to the overall well-being and prosperity of the community.
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Impact
July, 2024
The Greenville Housing Fund has made a significant impact in Greenville by ensuring that the city achieves housing affordability solutions to meet the diverse needs of its growing economy and thriving community. Through their efforts as a convener, advocate, investor, and funder, GHF has engaged with key partners, developers, elected officials, community stakeholders, and residents to increase and preserve the supply of a variety of safe, accessible, high-quality, affordable housing choices.
Specifically, GHF has supported the development and preservation of 225 units of affordable housing, completed a community-wide affordable housing strategic plan, launched the Greenville Affordable Housing Coalition to support ongoing community education, added parcels to their land bank, and supported the renovation of 9 owner-occupied single-family homes through their homeowner preservation program. This comprehensive approach has had a tangible and positive impact on housing affordability in Greenville County, supporting economic growth and promoting prosperity for all citizens.
This information is meant to be a general summary of Greenville Housing Fund. 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 2021.
- Investment Income: $5,501
- Program Service Revenue: $414,269
- Gross Receipts: $2,185,832
Assets and Liabilities:
- Total Assets: $12,219,236
- Total Liabilities: $6,435,187
- Net Assets: $5,784,049
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GAIN ON INVESTMENTS
Revenue
$239,702
DEVELOPER FEES
Revenue
$97,017
INTEREST ON LOANS RECEIVABLE
Revenue
$73,750
PROGRAM SERVICE FEES
Revenue
$3,800
Organization Details
Founding Year
2020
Phone
(864) 235-6331Principal Officer
Bryan Brown
Main Address
100 WEST ANTRIM DRIVE, GREENVILLE, SC, 29607
NTEE Category
Code: L20 - Housing
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