Overview
What is Eastside Home Association C/O Of United Marketing Inc?
Eastside Home Association C/O Of United Marketing Inc is a nonprofit organization situated in Bellevue, Washington. Their primary mission is to provide 90 units of affordable housing for the elderly and disabled community, under the oversight of the U.S. Department of Housing and Urban Development (HUD). Their goal is to ensure that these vulnerable individuals have access to safe and comfortable living spaces. The association strives to uphold this mission by offering these units to low-income residents, contributing positively to their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - 67%
Eastside Home Association has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in various areas. The organization holds a commendable score of 92.71% in program expenses, suggesting that a significant portion of its funds is directed toward its mission. Additionally, the nonprofit has a fully independent board, which is a positive indicator for governance and accountability.
However, several critical weaknesses have been identified. The organization's liabilities to assets ratio is notably high at 80.62%, which raises concerns about financial stability. Moreover, key governance documents, including the tax form, conflict of interest policy, whistleblower policy, and document retention policy, are missing. These deficiencies highlight areas where the organization could enhance transparency and accountability.
Overall, while Eastside Home Association demonstrates strong dedication to its mission through its program expense ratio and independent board structure, it faces significant challenges related to financial management and governance practices that need addressing for future improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Eastside Home Association C/O Of United Marketing Inc legitimate?
Eastside Home Association C/O Of United Marketing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastside Home Association C/O Of United Marketing 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: $128,261
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What is the mission statement of Eastside Home Association C/O Of United Marketing Inc?
The Eastside Home Association, under the management of United Marketing Inc., is committed to providing housing for those in need. Specifically, they offer 90 units of affordable accommodation to the elderly and disabled individuals who fall under the low-income category. Their mission is aligned with the U.S. Department of Housing and Urban Development (HUD), aiming to ensure these vulnerable groups have access to comfortable and suitable living conditions.
Who is the CEO of Eastside Home Association C/O Of United Marketing Inc?
Henry Thomas is the President of Eastside Home Association C/O Of United Marketing Inc.
What is the revenue of Eastside Home Association C/O Of United Marketing Inc?
Eastside Home Association C/O Of United Marketing Inc's revenue in 2023 was $1,583,455.
Who are the executives of Eastside Home Association C/O Of United Marketing Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Eastside Home Association C/O Of United Marketing Inc?
Eastside Home Association C/O Of United Marketing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Eastside Home Association C/O Of United Marketing Inc
Eastside Home Association C/O Of United Marketing Inc, a nonprofit organization, is committed to providing affordable housing for the elderly and disabled. Specifically, it aims to offer 90 rental units under the auspices of the HUD (Housing and Urban Development) program. This mission is instrumental in ensuring that vulnerable individuals who may be facing financial challenges can secure a place to call home. By offering these units, Eastside Home Association C/O Of United Marketing Inc contributes to the well-being and independence of its residents, providing them with a stable living environment. This mission is a testament to the organization's dedication to supporting some of the most vulnerable members of society.
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Impact
July, 2024
The impact of Eastside Home Association C/O Of United Marketing Inc is the provision of 90 rental units for low-income elderly and disabled residents in Bellevue, WA. Through its mission to provide affordable housing, this organization plays a crucial role in addressing the housing needs of vulnerable populations in the community. By offering safe and affordable housing options, Eastside Home Association contributes to enhancing the quality of life for elderly and disabled individuals who may otherwise struggle to find suitable accommodation. This impact is essential in supporting the well-being and independence of those in need within the local area.
This information is meant to be a general summary of Eastside Home Association C/O Of United Marketing 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: $4,849
- Program Service Revenue: $1,578,606
- Gross Receipts: $1,583,455
Assets and Liabilities:
- Total Assets: $4,683,857
- Total Liabilities: $3,776,558
- Net Assets: $907,299
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT ASSISTANCE
Revenue
$1,370,304
LOW INCOME RENTS
Revenue
$208,302
Organization Details
Founding Year
1980
Phone
(425) 562-1200Principal Officer
Henry Thomas
Main Address
PO BOX 3080, BELLEVUE, WA, 980093080
NTEE Category
Code: L210 - Housing
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