Overview
What is Conard Housing Development Corporation?
Conard Housing Development Corporation is a nonprofit organization situated in San Francisco, California, specifically at 1385 Mission Street 200. Their primary mission is to provide affordable housing for individuals experiencing mental illness and homelessness, specifically at properties located on 26th Street and McAllister Street in San Francisco. Their objective is to offer a safe and supportive living environment for these individuals, contributing to the betterment of their lives and the community as a whole.
Official website here: www.conardhouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, 66%
Conard Housing Development Corporation has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 66%. This rating reflects concerns primarily in accountability and finance, despite strengths in governance such as having a fully independent board. The absence of available financial statements significantly impacts their financial transparency, leading to a low score in that area.
The organization demonstrates a commitment to ethical governance through policies on conflict of interest, whistleblowing, and document retention, all of which have been positively acknowledged. Additionally, their high program expense ratio indicates a strong focus on their charitable activities, with 94.67% of expenses allocated directly to programs. However, the liabilities to assets ratio, exceeding 100%, raises red flags regarding financial health.
Overall, while Conard Housing Development Corporation shows solid governance practices and a dedication to program expenditure, the lack of financial transparency and the concerning liabilities ratio suggest that potential donors should proceed with caution and seek more information about the organization’s financial stability and operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Conard Housing Development Corporation legitimate?
Conard Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Conard Housing Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.conardhouse.org
What is the mission statement of Conard Housing Development Corporation?
The Conard Housing Development Corporation's mission is centered around providing affordable housing solutions for individuals struggling with mental illness and homelessness. This non-profit organization strives to offer a safe living environment for its clients, aiming to improve their overall well-being. While the specific details of their activities were not provided, it can be inferred that they undertake initiatives to ensure the housing needs of their clientele are met effectively.
Official website here: www.conardhouse.org
Who is the CEO of Conard Housing Development Corporation?
Anne Quaintance is the CEO of Conard Housing Development Corporation The CEO's salary of Conard Housing Development Corporation is $0 and their total compensation is $221,279.
Official website here: www.conardhouse.org
What is the revenue of Conard Housing Development Corporation?
Conard Housing Development Corporation's revenue in 2023 was $716,102.
Official website here: www.conardhouse.org
Who are the executives of Conard Housing Development Corporation and what are their salaries?
There 1 volunteer at Conard Housing Development Corporation.
Here are 11 key members and their salaries (Conard Housing Development Corporation's CEO's salary is $0 and their total compensation is $221,279):
- Compensation: $0
- Related: $221,279
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Official website here: www.conardhouse.org
Where can I find the form 990 for Conard Housing Development Corporation?
Conard Housing Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.conardhouse.org
Learn more at the official website: www.conardhouse.org
Mission Statement of Conard Housing Development Corporation
Conard Housing Development Corporation is committed to providing low-income housing for individuals who are mentally ill and homeless. This nonprofit organization's mission is centered around offering a safe and supportive living environment for these vulnerable individuals. By providing housing, Conard Housing Development Corporation aims to empower and improve the quality of life for its clients, offering them a chance to rebuild and stabilize their lives. The corporation's efforts are instrumental in offering a sense of security and belonging to individuals who may otherwise struggle with housing instability.
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Impact
July, 2024
Conard Housing Development Corporation's impact is significant in providing low-income housing to mentally ill and homeless clients in San Francisco. Their dedication to addressing the housing needs of this vulnerable population positively impacts the community by offering safe and stable living environments. Their work goes beyond just providing shelter, as it also contributes to the overall well-being and quality of life for those who may otherwise struggle to find suitable housing options. By focusing on this specific group of individuals, Conard Housing Development Corporation plays a crucial role in addressing a pressing social issue and promoting inclusivity and support for marginalized populations in the city.
This information is meant to be a general summary of Conard Housing Development 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 2023.
- Investment Income: $64
- Program Service Revenue: $265,815
- Gross Receipts: $716,102
Assets and Liabilities:
- Total Assets: $9,362,697
- Total Liabilities: $9,040,559
- Net Assets: $322,138
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$245,815
DEVELOPER FEES
Revenue
$20,000
Organization Details
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