Overview
What is Shirley Bridge Bungalows?
Shirley Bridge Bungalows is a private nonprofit organization established in 2001, headquartered in West Seattle, Washington. The primary purpose of this corporation is to develop and operate a six-unit housing project, which was acquired by Sound Mental Health in 2012. This project falls under the Section 811 Supportive Housing for Persons with Disabilities Program, which receives funding from the U.S. Department of Housing and Urban Development (HUD) to build and subsidize housing for very low-income adults with disabilities, offering supportive services. HUD regulates such projects, and Shirley Bridge Bungalows has an 811 Project Rental Assistance Contract (PRAC) agreement with HUD. The project's mission is to provide permanent housing for low-income adults and families affected by HIV/AIDS.
Official website here: www.sound.health
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Shirley Bridge Bungalows has received a Three-Star rating from Charity Navigator, reflecting an overall score of 82%. This rating is based entirely on the charity's Accountability & Finance metrics, indicating that the organization maintains a strong focus on responsible financial practices. Key strengths include having a fully independent board and no reported material diversion of assets, which aligns with best practices for nonprofit governance.
The organization demonstrates a commendable program expense ratio of 74.28%, suggesting that a significant portion of its budget is directed towards its mission-driven activities. Additional positive indicators include a well-documented conflict of interest policy and governance policies that are clearly listed, contributing to transparency and accountability.
However, the charity has a lower score in the liabilities to assets ratio at 71.56%, which may raise concerns about financial sustainability. Furthermore, while the compensation for key personnel appears high, the organization should ensure that it balances staff salaries with its mission effectiveness to maintain donor trust and support in the long run.
This AI summary has been generated from information found on Charity Navigator.
Is Shirley Bridge Bungalows legitimate?
Shirley Bridge Bungalows is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shirley Bridge Bungalows 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
Official website here: www.sound.health
What is the mission statement of Shirley Bridge Bungalows?
Shirley Bridge Bungalows, as a nonprofit organization, is dedicated to providing permanent housing solutions for low-income adults and families who are living with HIV/AIDS. Established under the Section 811 Supportive Housing for Persons with Disabilities program, the organization receives funding from the U.S. Department of Housing and Urban Development (HUD) to subsidize rental housing and offer supportive services. HUD regulates the project to ensure proper use, rent charges, and operating methods. The project operates under an 811 Project Rental Assistance Contract (PRAC) agreement with HUD, and a significant portion of its rental income is received through the 811 PRAC subsidy program. Overall, Shirley Bridge Bungalows aims to provide a stable living environment and necessary support services for those affected by HIV/AIDS, enabling them to live with dignity and independence.
Official website here: www.sound.health
Who is the CEO of Shirley Bridge Bungalows?
Mike De Luca is the Chief Executive Officer (Thru 12/22) of Shirley Bridge Bungalows. The CEO's salary of Shirley Bridge Bungalows is $0 and their total compensation is $245,830.
Official website here: www.sound.health
What is the revenue of Shirley Bridge Bungalows?
Shirley Bridge Bungalows's revenue in 2022 was $66,008.
Official website here: www.sound.health
Who are the executives of Shirley Bridge Bungalows and what are their salaries?
There 6 volunteers at Shirley Bridge Bungalows.
Here are 10 key members and their salaries (Shirley Bridge Bungalows's CEO's salary is $0 and their total compensation is $245,830):
- Compensation: $0
- Related: $493,810
- Other: $18,073
- Compensation: $0
- Related: $223,913
- Other: $21,917
- Compensation: $0
- Related: $167,022
- Other: $5,011
- Compensation: $0
- Related: $164,114
- Other: $7,415
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sound.health
Where can I find the form 990 for Shirley Bridge Bungalows?
Shirley Bridge Bungalows's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sound.health
Learn more at the official website: www.sound.health
Mission Statement of Shirley Bridge Bungalows
Shirley Bridge Bungalows, established as a private nonprofit corporation in 2001, is committed to providing permanent housing solutions for low-income adults and families living with HIV/AIDS. The organization's mission is centered around offering a supportive living environment, where residents can find stability and security in their daily lives.
The project, located in West Seattle, Washington, operates under the Section 811 Supportive Housing for Persons with Disabilities program. This program, funded by the U.S. Department of Housing and Urban Development (HUD), seeks to develop and subsidize rental housing, making it accessible to very low-income adults with disabilities. HUD's regulations oversee any changes or discontinuation of use, rental charges, and operating methods, ensuring that the project remains dedicated to its purpose.
Shirley Bridge Bungalows' mission is further solidified through an 811 Project Rental Assistance Contract (PRAC) agreement with HUD. A substantial portion of the project's rental income is received under the 811 PRAC subsidy program. This support allows the organization to continue providing stable housing and essential services to those in need, empowering them to live with dignity and independence.
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Impact
August, 2024
Shirley Bridge Bungalows provides crucial support to low-income adults and families living with HIV/AIDS by offering permanent housing. This initiative not only addresses a critical need for affordable housing but also plays a significant role in enhancing the quality of life for individuals facing the challenges of managing HIV/AIDS. By ensuring stable and secure housing for this vulnerable population, Shirley Bridge Bungalows contributes to improving health outcomes, reducing homelessness, and promoting overall well-being. Their impact extends beyond providing shelter, as they create a supportive environment that fosters stability and empowerment for those they serve.
This information is meant to be a general summary of Shirley Bridge Bungalows. 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: $5
- Program Service Revenue: $66,003
- Gross Receipts: $66,008
Assets and Liabilities:
- Total Assets: $720,733
- Total Liabilities: $515,765
- Net Assets: $204,968
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME RENT
Revenue
$66,003
Organization Details
Founding Year
2001
Phone
(206) 901-2000Principal Officer
Mike De Luca
Main Address
6400 SOUTHCENTER BOULEVARD, TUKWILA, WA, 98188
Website
www.sound.healthNTEE Category
Code: L21 - Housing
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