Overview
What is Admiral Housing?
Admiral Housing is a nonprofit organization that specializes in providing housing solutions for individuals grappling with homelessness and mental illness. The organization operates a low-income housing project, specifically designed to cater to the unique needs of disabled individuals. Admiral Housing's mission is centered around offering a secure living environment for these vulnerable individuals, aiming to improve their quality of life and help them navigate their challenges more effectively.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, 72%
Admiral Housing has received a Two-Star out of Four Star rating from Charity Navigator, indicating that while the organization demonstrates strong accountability and finance practices, there are significant concerns regarding its overall effectiveness. The nonprofit scored 100% in areas such as having a majority independent board and a solid program expense ratio of 85.69%, suggesting a commitment to its mission and responsible financial management.
However, the organization has notable weaknesses that hinder its overall performance. The liabilities to assets ratio is concerning at 139.03%, signaling potential financial instability. Additionally, critical documents such as the tax form are missing from the nonprofit's website, which presents transparency issues. The absence of a whistleblower policy also raises questions about internal governance practices.
In summary, while Admiral Housing excels in certain accountability metrics, its financial health and lack of transparency could undermine stakeholder trust. Potential donors and supporters may want to consider these factors when evaluating their engagement with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Admiral Housing legitimate?
Admiral Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Admiral Housing 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 Admiral Housing?
Admiral Housing's mission is centered around providing housing solutions for individuals who are currently experiencing homelessness and struggle with mental illness. The organization operates with a focus on offering a low-income housing project specifically designed to cater to the needs of disabled persons. By providing safe and supportive living environments, Admiral Housing aims to contribute positively to the lives of these individuals, thereby promoting their overall well-being and independence.
Who is the CEO of Admiral Housing?
Padrica Hoffman is the President of Admiral Housing.
What is the revenue of Admiral Housing?
Admiral Housing's revenue in 2022 was $198,592.
Who are the executives of Admiral Housing and what are their salaries?
There 9 volunteers at Admiral Housing.
Here are 10 key members and their salaries:
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- Related: $78,532
- Other: $10,911
Where can I find the form 990 for Admiral Housing?
Admiral Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Admiral Housing
Admiral Housing, a non-profit organization, is dedicated to providing housing for individuals grappling with homelessness and mental illness. This mission is carried out through the operation of a low-income housing project specifically designed to cater to the needs of disabled individuals. The organization's goal is to offer a safe and supportive living environment for these individuals, enabling them to improve their quality of life and overcome the challenges they face.
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Impact
October, 2024
Admiral Housing plays a crucial role in addressing the urgent needs of individuals experiencing homelessness and mental illness in Seattle, Washington. By providing targeted low-income housing, the organization creates stable living conditions that are essential for improving overall well-being.
The tailored approach to meet the needs of disabled persons ensures that the most vulnerable members of the community have access to a safe and supportive environment. This, in turn, fosters a sense of belonging and stability, allowing residents to focus on their mental health and personal development.
Beyond just providing shelter, Admiral Housing contributes to breaking the cycle of homelessness by facilitating access to essential services and resources, empowering individuals to regain independence and reintegrate into society. The impact of Admiral Housing transcends housing provision; it supports the creation of healthier communities and promotes social inclusion for those facing significant challenges.
This information is meant to be a general summary of Admiral Housing. 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: $24
- Program Service Revenue: $51,618
- Gross Receipts: $198,592
Assets and Liabilities:
- Total Assets: $1,092,502
- Total Liabilities: $1,518,934
- Net Assets: -$426,432
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT AND RELATED REVEN
Revenue
$51,618
Organization Details
Founding Year
1998
Phone
(206) 755-4597Principal Officer
Padrica Hoffman
Main Address
1217 SIXTH AVENUE, SEATTLE, WA, 98101
NTEE Category
Code: L20 - Housing
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