Overview
What is Washburn Housing Corporation?
Washburn Housing Corporation is a dedicated nonprofit organization situated in San Francisco, California. Their primary mission is to offer low-income housing for individuals struggling with mental health issues and homelessness, specifically at the Washburn Hotel. This mission is carried out through providing suitable residential spaces for these vulnerable individuals. The corporation's activities are centered around this mission, aiming to make a significant impact in the community by addressing the housing needs of mentally ill and homeless individuals.
Official website here: www.conardhouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Star rating)
Washburn Housing Corporation has received a 66% rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization exhibits strengths in governance with a fully independent board and strong adherence to conflict of interest and whistleblower policies. Additionally, they maintain proper documentation for board meetings, which reflects good governance practices.
However, the financial performance of Washburn Housing Corporation shows areas of concern. The lack of financial statements resulted in a low score in that category, and their liabilities to assets ratio indicates potential financial instability at 130.63%. Despite a strong program expense ratio of 80.20%, which suggests a significant portion of expenses goes directly to programs, the overall financial management remains a critical area for improvement.
While the organization demonstrates commitment to transparency and governance, its financial challenges may affect its long-term sustainability and ability to serve its mission effectively. Prospective donors and supporters should weigh these factors when considering contributions to Washburn Housing Corporation.
This AI summary has been generated from information found on Charity Navigator.
Is Washburn Housing Corporation legitimate?
Washburn Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washburn Housing Corporation 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: $222,393
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,944
For more financial information, click here
Official website here: www.conardhouse.org
What is the mission statement of Washburn Housing Corporation?
The Washburn Housing Corporation's mission is centered around providing affordable housing for individuals struggling with mental illness and homelessness. This organization strives to offer a shelter, specifically at the Washburn Hotel in an unspecified location, for those in need. Their aim is to contribute positively to the lives of these individuals, providing them with a safe and stable living environment during their journey towards recovery and stability.
Official website here: www.conardhouse.org
Who is the CEO of Washburn Housing Corporation?
Anne Quaintance is the Board Member of Washburn Housing Corporation.
Official website here: www.conardhouse.org
What is the revenue of Washburn Housing Corporation?
Washburn Housing Corporation's revenue in 2022 was $653,850.
Official website here: www.conardhouse.org
Who are the executives of Washburn Housing Corporation and what are their salaries?
There 10 volunteers at Washburn Housing Corporation.
Here are 11 key members and their salaries:
- 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
- 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: $222,393
- Other: $0
Official website here: www.conardhouse.org
Where can I find the form 990 for Washburn Housing Corporation?
Washburn Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.conardhouse.org
Learn more at the official website: www.conardhouse.org
Mission Statement of Washburn Housing Corporation
Washburn Housing Corporation, a nonprofit organization, is dedicated to providing low-income housing to individuals struggling with mental illness and homelessness. Its mission is centered around offering a safe and supportive living environment for these vulnerable individuals, aiming to improve their overall well-being and quality of life. By providing housing, Washburn Housing Corporation seeks to alleviate some of the challenges these individuals face, enabling them to focus on their recovery and rebuilding their lives. The organization's commitment to this cause is evident in its efforts to accommodate mentally ill and homeless clients, offering them a chance at a stable living situation.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Washburn Housing Corporation plays a crucial role in providing low-income housing to mentally ill and homeless clients in San Francisco, California. By offering a safe and supportive living environment at the Washburn Hotel, Washburn Housing Corporation directly impacts the lives of vulnerable individuals in need. The organization's mission to provide affordable housing to those facing mental health challenges and homelessness demonstrates a commitment to addressing critical social issues and improving the well-being of its residents. Washburn Housing Corporation's work embodies the spirit of philanthropy by creating a tangible and positive impact on the community it serves.
This information is meant to be a general summary of Washburn Housing Corporation. 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: $21
- Program Service Revenue: $90,458
- Gross Receipts: $653,850
Assets and Liabilities:
- Total Assets: $832,868
- Total Liabilities: $1,003,094
- Net Assets: -$170,226
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$90,458
Organization Details
Founding Year
1995
Phone
(415) 864-7833Principal Officer
Anne Quaintance
Main Address
1385 MISSION STREET 200, SAN FRANCISCO, CA, 94103
Website
www.conardhouse.orgNTEE Category
Code: T99Z - Philanthropy
If you are a representative of Washburn Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.