Overview
What is The Broadway House Corporation C/O Biltmore Properties Inc?
The Broadway House Corporation C/O Biltmore Properties Inc is a philanthropic organization situated in Phoenix, Arizona. Their primary mission is to offer affordable housing and vital social services to low-income families and individuals with disabilities. Operating an 80-unit complex, they serve approximately 189 residents annually, with a significant portion being children under 18 and adults aged over 48%. The organization's comprehensive approach to support includes various resources, ensuring that each resident gains access to essential necessities, care, and opportunities for personal growth.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star Rating)
The Broadway House Corporation demonstrates strong accountability and finance practices, reflected in its 85% score. The charity has a fully independent board consisting of seven members and adheres to strict financial oversight, with no material diversion of assets reported. Additionally, it has robust policies in place, including conflict of interest and whistleblower policies, which contribute to its high accountability score.
The organization excels in its program expense ratio, allocating a significant 87.10% of its expenditures directly to its programs, which indicates a strong commitment to its mission. Furthermore, its financial statements are audited, ensuring transparency and reliability in reporting. The presence of comprehensive documentation, such as board meeting minutes, enhances its operational integrity.
However, the charity's liabilities to assets ratio of 64.78% may raise some concerns regarding its financial health. While it maintains a high level of accountability, potential donors should consider this ratio when evaluating the sustainability of the organization. Overall, The Broadway House Corporation shows a solid commitment to its operational practices and mission effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Broadway House Corporation C/O Biltmore Properties Inc legitimate?
The Broadway House Corporation C/O Biltmore Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Broadway House Corporation C/O Biltmore Properties Inc 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: $140,041
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Official website here: www.none
What is the mission statement of The Broadway House Corporation C/O Biltmore Properties Inc?
The Broadway House Corporation, affiliated with Biltmore Properties Inc., has a mission to offer low-income housing to families and disabled individuals. Situated in an undisclosed location, this organization operates a 80-unit multi-family complex. Their primary objective is to provide a supportive living environment for these groups, offering not just housing, but also essential social services. In a year, they serve around 189 residents, with a significant portion being underage children and elderly adults. The organization's mission is geared towards ensuring that these vulnerable individuals have access to a stable living situation and the necessary support they require.
Official website here: www.none
Who is the CEO of The Broadway House Corporation C/O Biltmore Properties Inc?
Dr Warren H Stewart Sr is the Chairperson of The Broadway House Corporation C/O Biltmore Properties Inc.
Official website here: www.none
What is the revenue of The Broadway House Corporation C/O Biltmore Properties Inc?
The Broadway House Corporation C/O Biltmore Properties Inc's revenue in 2022 was $1,076,506.
Official website here: www.none
Who are the executives of The Broadway House Corporation C/O Biltmore Properties Inc and what are their salaries?
There 6 volunteers at The Broadway House Corporation C/O Biltmore Properties Inc.
Here are 7 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of The Broadway House Corporation C/O Biltmore Properties Inc
The Broadway House Corporation, a notable organization, is dedicated to providing low-income housing and essential social services to families and disabled individuals who are financially disadvantaged. Situated within a 80-unit multi-family complex, The Broadway House Corporation serves as a shelter and a supportive community for approximately 189 residents each year. Notably, 33% of these residents are under the age of 18, and 48% belong to the older age group. The organization's mission extends beyond merely offering housing, as it also prioritizes the well-being of its residents by providing essential services necessary for their daily lives.
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Impact
July, 2024
The Broadway House Corporation, managed by Biltmore Properties Inc, has a significant impact on the community by providing essential low-income housing to families and individuals in need. Operating an 80-unit multi-family complex in Phoenix, Arizona, the organization serves 189 residents annually, with a focus on supporting low-income families and disabled persons. With 33% of residents being under 18 years old and 48% being elderly, The Broadway House Corporation plays a vital role in ensuring that vulnerable populations have access to safe and affordable housing. Their mission to provide housing and social services contributes to addressing the pressing issue of housing insecurity and supports the well-being of those they serve.
This information is meant to be a general summary of The Broadway House Corporation C/O Biltmore Properties Inc. 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: $3,682
- Program Service Revenue: $1,072,824
- Gross Receipts: $1,077,448
Assets and Liabilities:
- Total Assets: $1,547,650
- Total Liabilities: $1,096,695
- Net Assets: $450,955
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$1,068,945
LAUNDRY/VENDING
Revenue
$2,933
CLEANING FEES
Revenue
$939
MISCELLANEOUS
Revenue
$7
Organization Details
Founding Year
1971
Phone
(602) 997-0013Principal Officer
Dr Warren H Stewart Sr
Main Address
2330 W MISSION LANE 10, PHOENIX, AZ, 85021
Website
www.noneNTEE Category
Code: L21 - Housing
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