Overview
What is Heather Apartment Associates?
Heather Apartment Associates is a nonprofit organization that plays a crucial role in offering affordable housing solutions for individuals struggling with mental illness. They own and manage a 16-unit apartment building, which falls under HUD Section 811 of the NHA, ensuring compliance with necessary regulations. The organization's primary mission is to provide a safe and supportive living environment for individuals who have recovered from mental illness and are capable of independent living in the community. This apartment complex serves as a vital stepping stone for those in need, helping them transition back into society with the necessary support and resources.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating. This rating reflects a solid performance in accountability and finance, indicating that Heather Apartment Associates adheres to responsible financial practices and governance. The overall score is based entirely on a single beacon score, which highlights the organization's transparency and efficiency in managing its resources.
The organization excels in maintaining an independent board, with a full score for having 100% independent members. Additionally, there are no noted material diversions of assets, and robust policies are in place for conflicts of interest, whistleblower protections, and document retention. These aspects contribute to a strong foundation of accountability.
One area to note is that the rating does not provide insights into the programmatic impact or effectiveness of services offered by the organization. While financial metrics are strong, potential donors and stakeholders may be interested in understanding the broader outcomes of Heather Apartment Associates' work within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Heather Apartment Associates legitimate?
Heather Apartment Associates is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heather Apartment Associates 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
What is the mission statement of Heather Apartment Associates?
Heather Apartment Associates is committed to providing low-income housing for individuals who have recovered from mental illness. They operate a 16-unit apartment building, which is regulated by HUD Section 811 of the NHA. The organization's mission is to offer a living space for these individuals, enabling them to live independently in the community. Heather Apartment Associates aims to support their residents' recovery and independence, providing a safe and stable environment. The association adheres to the regulations set by HUD Section 811, ensuring that the needs of its residents are met.
Who is the CEO of Heather Apartment Associates?
Mike De Luca is the Chief Executive Officer of Heather Apartment Associates. The CEO's salary of Heather Apartment Associates is $0 and their total compensation is $343,420.
What is the revenue of Heather Apartment Associates?
Heather Apartment Associates's revenue in 2020 was $90,880.
Who are the executives of Heather Apartment Associates and what are their salaries?
There 4 volunteers at Heather Apartment Associates.
Here are 6 key members and their salaries (Heather Apartment Associates's CEO's salary is $0 and their total compensation is $343,420):
- Compensation: $0
- Related: $326,158
- Other: $17,262
- Compensation: $0
- Related: $297,917
- Other: $16,415
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Heather Apartment Associates?
Heather Apartment Associates's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Heather Apartment Associates
Heather Apartment Associates, a nonprofit organization, is dedicated to providing low-income housing for individuals who are recovering from mental illness. By owning and operating a 16-unit apartment building, this organization adheres to HUD Section 811 of the NHA regulations, offering a supportive living environment for those who can manage their lives independently in the community. The mission of Heather Apartment Associates is to contribute to the well-being of these individuals, providing them with a secure and stable place to reside as they continue their journey towards recovery.
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Impact
October, 2024
Heather Apartment Associates plays a vital role in supporting individuals recovering from mental illness by providing low-income housing. Their 16-unit apartment building in Tukwila, WA, is specifically designed to meet the needs of those who can live independently but require affordable housing options. By operating under HUD Section 811 of the National Housing Act, they ensure access to safe and stable living environments for mentally ill individuals, fostering their ability to reintegrate into the community. This initiative not only addresses housing needs but also contributes to the overall well-being of residents by promoting independence and stability as they navigate their recovery journey.
This information is meant to be a general summary of Heather Apartment Associates. 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 2020.
- Investment Income: $7
- Program Service Revenue: $90,873
- Gross Receipts: $90,880
Assets and Liabilities:
- Total Assets: $958,141
- Total Liabilities: $1,682,116
- Net Assets: -$723,975
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING
Revenue
$90,873
Organization Details
Founding Year
2000
Phone
(206) 901-2000Principal Officer
Mike De Luca
Main Address
6400 SOUTHCENTER BOULEVARD, TUKWILA, WA, 98188
NTEE Category
Code: P82Z - Human services
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