Overview
What is Work Housing Corporation?
Work Housing Corporation, situated in Dorchester, Massachusetts, is a dedicated nonprofit organization focused on housing development and management. Their primary objective is to provide affordable housing options for individuals with limited financial resources, aligning with the mission of "Low income Housing." The organization operates in this field, contributing to the community by addressing housing needs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star rating)
Work Housing Corporation has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance with an overall score of 78%. The rating is primarily based on a comprehensive assessment of its financial practices, indicating a strong commitment to transparency and responsible management of resources.
The organization demonstrates exemplary governance, with a fully independent board composed of three members, resulting in maximum points for independence and board size. Additionally, it has policies in place for conflict of interest, whistleblower protection, and document retention, all of which contribute positively to its accountability score. Furthermore, the charity has successfully maintained a low level of material diversion of assets, underscoring its financial integrity.
One notable strength is the high percentage of program expenses, with 69.54% allocated directly to its programs, suggesting effective use of funds for its mission. However, while the charity performs well in several governance areas, the overall score reflects room for improvement in other financial metrics. Overall, Work Housing Corporation demonstrates a commitment to maintaining high standards of accountability and financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Work Housing Corporation legitimate?
Work Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Work Housing Corporation 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 Work Housing Corporation?
The Work Housing Corporation is dedicated to providing housing solutions for individuals with limited financial resources. Their mission, in simpler terms, is centered around the development and management of affordable housing. This nonprofit organization strives to make housing accessible for those who may struggle financially, thereby contributing to a more equitable living environment. The corporation's focus is on providing a necessary basic need, ensuring that everyone has a place to call home.
Who is the CEO of Work Housing Corporation?
Paula Child is the Principal Officer of Work Housing Corporation.
What is the revenue of Work Housing Corporation?
Work Housing Corporation's revenue in 2023 was $44,713.
Who are the executives of Work Housing Corporation and what are their salaries?
Here are 4 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: $484,629
- Other: $0
Where can I find the form 990 for Work Housing Corporation?
Work Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Work Housing Corporation
Work Housing Corporation is a dedicated nonprofit organization that focuses on the provision of affordable housing for individuals with low income. Their mission is centered around this key aspect, aiming to make housing a viable option for those who might otherwise struggle to secure it. By undertaking housing development and management tasks, Work Housing Corporation contributes to the well-being of its community by ensuring that everyone has a place to call home, regardless of their financial situation.
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Impact
August, 2024
Work Housing Corporation's impact is significant in providing low-income housing in Dorchester, MA. Through their housing development and management initiatives, they help address the housing needs of individuals and families who may not otherwise have access to affordable housing options. This has a direct and positive impact on the community by providing stable and secure housing opportunities for those in need.
This information is meant to be a general summary of Work Housing Corporation. 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 2023.
- Investment Income: $169
- Program Service Revenue: $44,544
- Gross Receipts: $44,713
Assets and Liabilities:
- Total Assets: $1,206,154
- Total Liabilities: $1,445,981
- Net Assets: -$239,827
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$44,544
Organization Details
Founding Year
2010
Phone
(617) 691-1515Principal Officer
Paula Child
Main Address
25 BEACH STREET, DORCHESTER, MA, 02122
NTEE Category
Code: L20 - Housing
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