Overview
What is Ywca Apartments Inc?
Ywca Apartments Inc, based in San Jose, California, is a nonprofit organization dedicated to providing housing for individuals aged 65 and above, as well as those with disabilities. Operating a 98-unit apartment facility, they offer subsidized housing through HUD Section 207/223(F) and Section 8 subsidy payments. Their mission is to serve this specific demographic, ensuring they have a secure and comfortable living space.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Ywca Apartments Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization showcases a strong commitment to governance, demonstrated by having 100% independent board members and comprehensive policies in place, such as conflict of interest and whistleblower protections. Their financial oversight is also commendable, with no material diversion of assets reported.
The charity excels in its program expense ratio, allocating 81.87% of its resources directly to its programs, which highlights its focus on fulfilling its mission effectively. The presence of an audit and oversight committee ensures that financial practices are regularly reviewed and maintained at a high standard. This blend of strong financial management and governance structures fosters confidence in their operational integrity.
However, while the overall rating reflects positive attributes, there may still be areas for improvement to achieve a higher score. Continuous efforts in enhancing transparency and expanding outreach could further strengthen Ywca Apartments Inc's impact within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Ywca Apartments Inc legitimate?
Ywca Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ywca Apartments 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: $225,990
For more financial information, click here
What is the mission statement of Ywca Apartments Inc?
Ywca Apartments Inc is dedicated to providing housing for individuals who are 65 years old and above, as well as those with disabilities. This organization operates a 98-unit apartment facility, which includes a unit for the facility manager. They do this under the HUD Section 207/223(F) and Section 8 subsidy payment systems. The primary mission of Ywca Apartments Inc is to ensure that these vulnerable groups have access to suitable housing, thereby enhancing their overall quality of life.
Who is the CEO of Ywca Apartments Inc?
Barbara Wakefield is the President of Ywca Apartments Inc. The CEO's salary of Ywca Apartments Inc is $0 and their total compensation is $205,555.
What is the revenue of Ywca Apartments Inc?
Ywca Apartments Inc's revenue in 2022 was $2,528,051.
Who are the executives of Ywca Apartments Inc and what are their salaries?
There 12 volunteers at Ywca Apartments Inc.
Here are 12 key members and their salaries (Ywca Apartments Inc's CEO's salary is $0 and their total compensation is $205,555):
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $205,555
- Other: $0
- Compensation: $0
- Related: $157,219
- Other: $0
- Compensation: $0
- Related: $133,163
- Other: $0
Where can I find the form 990 for Ywca Apartments Inc?
Ywca Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ywca Apartments Inc
YWCA Apartments Inc is dedicated to providing housing solutions for individuals who are 65 years old and above, as well as those with disabilities. Their mission, as stated, is to offer housing opportunities for this specific demographic. Operating under HUD Section 207/223(F) and Section 8 subsidy payments, YWCA Apartments Inc manages a 98-unit apartment facility. This facility includes 97 general units and an additional unit for the facility manager, providing ample living spaces for those in need. By offering housing solutions, YWCA Apartments Inc seeks to contribute positively to the lives of older adults and individuals with disabilities, ensuring they have a safe and comfortable living environment.
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Impact
July, 2024
Ywca Apartments Inc provides a vital service by offering affordable housing to seniors aged 65 and older as well as disabled individuals in San Jose, CA. With a 98-unit apartment facility, this organization ensures that these vulnerable populations have a safe and stable place to live. By operating under HUD Section 207/223(f) and Section 8 subsidy payments, Ywca Apartments Inc helps reduce homelessness and housing insecurity among seniors and disabled individuals, contributing to their well-being and overall quality of life.
This information is meant to be a general summary of Ywca Apartments 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 2022.
- Investment Income: $321
- Program Service Revenue: $489,601
- Gross Receipts: $2,528,051
Assets and Liabilities:
- Total Assets: $5,897,811
- Total Liabilities: $4,221,220
- Net Assets: $1,676,591
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS
Revenue
$489,601
Organization Details
Founding Year
1979
Phone
(408) 295-4011Principal Officer
Barbara Wakefield
Main Address
375 SOUTH THIRD STREET, SAN JOSE, CA, 95112
NTEE Category
Code: L210 - Housing
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