Overview
What is Center Interfaith Housing?
Center Interfaith Housing is a nonprofit organization based in San Rafael, California. Their primary mission is to offer safe and affordable housing for low-income elderly and disabled individuals. They manage a 72-unit apartment complex under the regulatory agreement with the U.S. Department of Housing and Urban Development and adhere to Section 8 Housing Assistance Payment contracts for rent and operational matters. The organization is committed to ensuring clean and comfortable living conditions for its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star Rating
Center Interfaith Housing has received a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization scored particularly well in areas such as board independence, with all members being independent, and maintaining robust financial oversight mechanisms. This score highlights the nonprofit's effective management and transparency in handling its finances.
The charity's financial performance is notable, with a program expense ratio of 92.99%, indicating that a significant portion of its expenses goes directly towards its mission-driven programs. Additionally, it has demonstrated no material diversion of assets, which further underscores its reliability in fund utilization. The presence of well-defined policies for conflict of interest and whistleblower protections contributes to a governance structure designed to uphold ethical standards.
However, the liabilities to assets ratio of 55.74% suggests that the organization has a moderate level of debt compared to its assets. While this is not a critical concern, it may indicate areas for improvement in financial stability. Overall, Center Interfaith Housing stands out for its transparency and effective use of resources, making it a trustworthy choice for donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Center Interfaith Housing legitimate?
Center Interfaith Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center Interfaith 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:
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Other Salaries and Wages: $280,017
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What is the mission statement of Center Interfaith Housing?
Center Interfaith Housing's mission is centered around providing safe and clean housing options for seniors who fall within the low-income bracket. This organization operates a 72-unit apartment complex, overseen by the U.S. Department of Housing and Urban Development and adhering to a Section 8 Housing Assistance Payment Contract. Their commitment extends to regulating rent charges, operating methods, and various other aspects, ensuring that elderly and disabled individuals in need have a suitable living environment.
Who is the CEO of Center Interfaith Housing?
Donna Isralsky is the President of Center Interfaith Housing.
What is the revenue of Center Interfaith Housing?
Center Interfaith Housing's revenue in 2023 was $2,445,663.
Who are the executives of Center Interfaith Housing and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Center Interfaith Housing?
Center Interfaith Housing's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Center Interfaith Housing
Center Interfaith Housing is committed to providing a sanctuary for senior citizens and individuals with disabilities who are in need of affordable housing. The organization operates a 72-unit apartment complex, which is regulated by both the U.S. Department of Housing and Urban Development and a Section 8 Housing Assistance Payment contract. This regulatory framework ensures that the rent charges, operating methods, and other relevant aspects of the apartment complex align with the necessary standards. By providing safe and clean low-income housing, Center Interfaith Housing contributes to the well-being and dignity of its senior residents, making it an essential resource in the community.
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Impact
July, 2024
Center Interfaith Housing's impact is significant in providing safe, clean, and affordable housing to low-income seniors in San Rafael, CA. Through its operation of a 72-unit apartment complex, the organization offers a vital resource for elderly and disabled individuals in need of stable housing. By adhering to regulatory agreements with the U.S. Department of Housing and Urban Development and Section 8 housing assistance programs, Center Interfaith Housing ensures that residents have access to a secure living environment and necessary support services. This commitment positively impacts the lives of seniors in the community by enhancing their quality of life and promoting overall well-being.
This information is meant to be a general summary of Center Interfaith 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 2023.
- Investment Income: $24,271
- Program Service Revenue: $589,549
- Gross Receipts: $2,445,663
Assets and Liabilities:
- Total Assets: $5,252,832
- Total Liabilities: $2,928,139
- Net Assets: $2,324,693
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENERGY INCENTIVE REBATES
Revenue
$180,000
Laundry & Vending
Revenue
$3,735
Tenant Rents
Revenue
$405,814
Organization Details
Founding Year
1980
Phone
(415) 258-1800Principal Officer
Donna Isralsky
Main Address
22 Pelican Way, San Rafael, CA, 94901
NTEE Category
Code: L22Z - Housing
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