Overview
What is Council House Inc?
Council House Inc is a nonprofit organization situated in Seattle, Washington, with a mission to cater to the housing needs of low-income elderly individuals. They offer rental housing, as well as related facilities and services, meticulously designed to address the physical, social, and psychological requirements of this demographic. By providing such accommodations, Council House Inc aims to contribute positively to their overall health, security, and happiness, thereby enhancing their quality of life and usefulness in their later years.
What are the reviews and ratings of this charity?
90% rating from Charity Navigator indicates a strong performance, earning Council House Inc a Four-Star out of Four Star rating. This high score is derived entirely from its Accountability & Finance metrics, highlighting the organization's commitment to financial transparency and responsible governance.
The nonprofit boasts a fully independent board with 100% of its members free from conflicts of interest, contributing to strong oversight and decision-making. Its financial health is solid, with a low liabilities-to-assets ratio of 8.59% and a program expense ratio of 66.43%, suggesting that a significant portion of its resources is directed towards its mission-related activities.
While the organization shows strengths in its governance and financial practices, the program expense ratio could be improved to enhance operational efficiency further. Overall, Council House Inc demonstrates a strong commitment to accountability, making it a trustworthy choice for donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Council House Inc legitimate?
Council House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Council House 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.
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Other Salaries and Wages: $855,579
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What is the mission statement of Council House Inc?
Council House Inc's mission is centered around providing affordable housing for the elderly, with a focus on meeting their physical, social, and psychological needs. This nonprofit organization aims to contribute to their health, security, and overall happiness by offering rental housing and related facilities and services specifically designed for this demographic. The corporation's purpose is to enhance the quality of life for the elderly, promoting their well-being and usefulness in their later years.
Who is the CEO of Council House Inc?
Bill Henneger is the Director of Council House Inc.
What is the revenue of Council House Inc?
Council House Inc's revenue in 2023 was $2,405,558.
Who are the executives of Council House Inc and what are their salaries?
The average compensation at Council House Inc during 2023 was $53,474. There are 16 employees at Council House Inc.
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- Compensation: $137,317
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Where can I find the form 990 for Council House Inc?
Council House Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Council House Inc
Council House Inc, a nonprofit organization, is dedicated to providing housing solutions for low-income elderly individuals. Its mission is centered around offering rental housing and related facilities and services that are specifically tailored to cater to the physical, social, and psychological needs of this demographic. The primary goal is to enhance their overall well-being, ensuring their health, security, and happiness are preserved and improved. By providing such services, Council House Inc aims to contribute positively to the lives of these elderly individuals, enabling them to live with dignity and independence.
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Impact
July, 2024
Council House Inc's impact is profound in Seattle, WA, as it provides essential rental housing and related facilities and services to low-income elderly individuals. By focusing on meeting the physical, social, and psychological needs of this vulnerable population, Council House Inc contributes significantly to the health, security, and happiness of these individuals. Through its mission-driven approach, Council House Inc ensures that elderly individuals can live more comfortably and sustain their usefulness in longer living.
This information is meant to be a general summary of Council House 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 2023.
- Investment Income: $8,765
- Program Service Revenue: $1,043,808
- Gross Receipts: $2,405,558
Assets and Liabilities:
- Total Assets: $5,172,500
- Total Liabilities: $444,514
- Net Assets: $4,727,986
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tenant rent
Revenue
$967,238
Commercial rent
Revenue
$61,919
Laundry
Revenue
$10,677
Tenant charges
Revenue
$3,974
Organization Details
Founding Year
1969
Phone
(206) 323-0344Principal Officer
Bill Henneger
Main Address
1501 - 17th Ave, Seattle, WA, 98122
NTEE Category
Code: L21Z - Housing
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