Overview
What is Whalley Avenue Housing Ii Inc?
Whalley Avenue Housing II Inc is a nonprofit organization situated in Woodbridge, Connecticut, with a focus on providing affordable housing for individuals with disabilities. Established with a mission to develop and manage such accommodations, the organization currently operates six units specifically designed for this purpose. Their commitment extends to ensuring the well-being and comfort of their residents, thereby contributing positively to their daily lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating.
Whalley Avenue Housing II Inc has achieved an 87% score, reflecting strong accountability and financial practices. This rating is derived entirely from the Accountability & Finance beacon, indicating a solid foundation in managing its resources effectively. The organization boasts a fully independent board, with 91% of its members being independent, which enhances governance and decision-making processes.
The nonprofit has demonstrated excellent financial health, with no material diversion of assets reported and a low liabilities to assets ratio of just 4.48%. It also maintains high standards for transparency, having a whistleblower policy and proper documentation practices in place. The program expense ratio is commendable at 100%, highlighting that all expenses are directed towards its mission-related activities.
While the rating suggests a strong operational framework, it's essential to consider that the overall performance is focused solely on financial accountability. Potential donors and stakeholders may want to look into the organization's programmatic impact and long-term outcomes to gain a comprehensive understanding of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Whalley Avenue Housing Ii Inc legitimate?
Whalley Avenue Housing Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Whalley Avenue Housing Ii 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: $3,156
For more financial information, click here
What is the mission statement of Whalley Avenue Housing Ii Inc?
Whalley Avenue Housing II Inc. is committed to developing and operating affordable housing for individuals with disabilities. Their mission is centered around providing a living space that is accessible and affordable for individuals who may require special accommodations due to their disabilities. By doing so, they aim to contribute to a more inclusive and equitable housing landscape. The organization develops and manages housing units, ensuring that they are suitable for persons with disabilities, providing them with a safe and comfortable living environment. With a focus on affordability, Whalley Avenue Housing II Inc. strives to make housing a less burdensome expense for those who require additional support.
Who is the CEO of Whalley Avenue Housing Ii Inc?
Heather Latorra is the Chairman of Whalley Avenue Housing Ii Inc. The CEO's salary of Whalley Avenue Housing Ii Inc is $0 and their total compensation is $0.
What is the revenue of Whalley Avenue Housing Ii Inc?
Whalley Avenue Housing Ii Inc's revenue in 2022 was $78,138.
Who are the executives of Whalley Avenue Housing Ii Inc and what are their salaries?
Here are 11 key members and their salaries (Whalley Avenue Housing Ii Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Whalley Avenue Housing Ii Inc?
Whalley Avenue Housing Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Whalley Avenue Housing Ii Inc
Whalley Avenue Housing II Inc, as a nonprofit organization, is committed to a significant mission. Its primary objective is to develop and operate affordable housing for individuals with disabilities. This mission is not just about providing housing, but it's about creating a living space that is accessible and suitable for individuals who may have physical or mental challenges. The organization develops and manages six such units, ensuring that these individuals have a place to call home without having to compromise on their needs or comfort. By providing affordable housing, Whalley Avenue Housing II Inc is contributing to a more inclusive society where everyone, regardless of their abilities, has the right to live with dignity and independence.
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Impact
August, 2024
Whalley Avenue Housing II Inc's impact is providing affordable housing for individuals with disabilities in Woodbridge, CT. Their mission is to develop and operate housing that meets the specific needs of this vulnerable population, offering six units to support independent living and access to necessary services. Through their work, Whalley Avenue Housing II Inc contributes to creating a more inclusive and supportive community for individuals with disabilities.
This information is meant to be a general summary of Whalley Avenue Housing Ii 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: $6
- Program Service Revenue: $78,132
- Gross Receipts: $78,138
Assets and Liabilities:
- Total Assets: $1,082,633
- Total Liabilities: $55,667
- Net Assets: $1,026,966
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$78,132
Organization Details
Founding Year
2003
Phone
(203) 289-2970Principal Officer
Heather Latorra
Main Address
6 LUNAR DRIVE, WOODBRIDGE, CT, 06525
NTEE Category
Code: L20 - Housing
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