Overview
What is Humangood Affordable Housing?
Humangood Affordable Housing is a nonprofit organization in Duarte, California, located at 1900 Huntington Drive, ZIP code 91010. Their mission revolves around advocating for, developing, and operating quality housing and services for the aging and individuals with limited resources or disabilities. By doing so, they aim to help these communities thrive in a positive, affordable, and supportive environment. Humangood provides rental housing and related facilities and services to low-income elderly individuals. Additionally, they offer affordable housing management services to various unrelated properties and consulting services in the development and construction of affordable housing communities. The organization is staffed by a team of 52 employees.
Official website here: www.humangood.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 45% (Zero-Star out of Four Star Rating)
Humangood Affordable Housing has received a low rating of 45% from Charity Navigator, primarily due to its accountability and financial management practices. The organization has no independent board members, which raises concerns about governance and oversight. Although the organization has fulfilled several compliance requirements like having a conflict of interest policy and a whistleblower policy, the overall lack of independent oversight is a significant drawback.
Financially, the organization has been noted to have a low program expense ratio of 41.02%, indicating that a smaller portion of its budget is allocated directly to its programs, which can be a concern for donors looking for impact-driven organizations. Furthermore, the liabilities to assets ratio stands at 21.74%, which does not meet the favorable benchmarks expected for financial health, contributing to the low overall score.
In conclusion, while Humangood Affordable Housing has established some essential policies and compliance measures, the absence of independent board members and low program spending raise serious questions about its governance and financial effectiveness. Potential supporters may want to consider these factors carefully before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Humangood Affordable Housing legitimate?
Humangood Affordable Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Humangood Affordable 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: $6,769,149
For more financial information, click here
Official website here: www.humangood.org
What is the mission statement of Humangood Affordable Housing?
Humangood Affordable Housing is dedicated to advocating for, developing, and operating quality housing and services for the aging and people with limited resources and disabilities. Their mission enables these individuals to thrive in a positive, affordable, and supportive community. They provide rental housing and related facilities and services to low-income elderly individuals. Additionally, they offer affordable housing management services to various properties owned or sponsored by unaffiliated organizations. Humangood Affordable Housing also provides professional consulting services in the development and construction of affordable housing communities.
Official website here: www.humangood.org
Who is the CEO of Humangood Affordable Housing?
John H Cochrane Iii is the President/Chief Executive Officer of Humangood Affordable Housing. The CEO's salary of Humangood Affordable Housing is $0 and their total compensation is $459,828.
Official website here: www.humangood.org
What is the revenue of Humangood Affordable Housing?
Humangood Affordable Housing's revenue in 2022 was $29,709,293.
Official website here: www.humangood.org
Who are the executives of Humangood Affordable Housing and what are their salaries?
The average compensation at Humangood Affordable Housing during 2022 was $130,176. There are 52 employees at Humangood Affordable Housing.
Here are 15 key members and their salaries (Humangood Affordable Housing's CEO's salary is $0 and their total compensation is $459,828):
- Compensation: $0
- Related: $73,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $1,032,339
- Other: $39,055
- Compensation: $0
- Related: $786,516
- Other: $43,528
- Compensation: $0
- Related: $552,085
- Other: $38,623
- Compensation: $0
- Related: $472,179
- Other: $16,199
- Compensation: $0
- Related: $434,627
- Other: $38,817
- Compensation: $0
- Related: $416,003
- Other: $43,825
- Compensation: $0
- Related: $263,168
- Other: $13,804
- Compensation: $0
- Related: $242,424
- Other: $0
Official website here: www.humangood.org
Where can I find the form 990 for Humangood Affordable Housing?
Humangood Affordable Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.humangood.org
Learn more at the official website: www.humangood.org
Mission Statement of Humangood Affordable Housing
Humangood Affordable Housing is a mission-driven organization that advocates for, develops, and operates quality housing and services for the aging and people with limited resources and disabilities. The organization enables individuals to thrive in a positive, affordable, and supportive community.
Specifically, Humangood Affordable Housing provides rental housing and related facilities and services to low-income elderly individuals. They go beyond just offering housing by also providing affordable housing management services to various properties owned or sponsored by unaffiliated organizations. Furthermore, the organization offers professional consulting services in the development and construction of affordable housing communities.
By focusing on the needs of the aging and people with limited resources and disabilities, Humangood Affordable Housing aims to make a significant impact on their quality of life. Their commitment to providing affordable housing and services ensures that these vulnerable populations have access to safe and comfortable living environments. The organization's dedication to supporting the community extends beyond housing, as they also offer valuable consulting services to other organizations looking to develop affordable housing communities.
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Impact
October, 2024
Humangood Affordable Housing significantly enhances the quality of life for low-income elderly individuals and others with limited resources or disabilities by providing essential rental housing and related services. By advocating for, developing, and operating quality housing, they create supportive communities where residents can thrive.
Their impact includes offering affordable housing management services to various properties, which ensures that even unaffiliated organizations can benefit from their expertise in maintaining quality living environments. Additionally, their professional consulting services in the development and construction of affordable housing communities further extend the reach of their mission, fostering a broader network of safe and supportive living options. Overall, Humangood Affordable Housing plays a crucial role in promoting dignity, independence, and a sense of community for vulnerable populations in Duarte, CA, and beyond.
This information is meant to be a general summary of Humangood Affordable 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: $3,166,831
- Program Service Revenue: $13,149,962
- Gross Receipts: $29,744,299
Assets and Liabilities:
- Total Assets: $172,904,533
- Total Liabilities: $37,591,331
- Net Assets: $135,313,202
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEE INCOME
Revenue
$7,757,887
MANAGEMENT FEE INCOME
Revenue
$5,149,273
IT SUPPORT REVENUE
Revenue
$300,004
QUALITY ASSURANCE REVENUE
Revenue
$208,005
CONSULTING FEE INCOME
Revenue
$4,399
Organization Details
Founding Year
1988
Phone
(925) 924-7100Principal Officer
John H Cochrane Iii
Main Address
1900 HUNTINGTON DRIVE, DUARTE, CA, 91010
Website
www.humangood.orgNTEE Category
Code: P75Z - Human services
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