Overview
What is Interfaith Housing Assistance Corp?
Interfaith Housing Assistance Corp, located in Lemon Grove, California, is a dedicated nonprofit organization. Their primary mission is to foster the development of affordable housing for families with low and moderate incomes, as well as the elderly and individuals with disabilities. To achieve this goal, they provide technical and operational support to other nonprofit housing projects in San Diego County. With a team of 67 employees, Interfaith Housing Assistance Corp plays a crucial role in ensuring affordable housing options for those in need, contributing to a more inclusive and equitable community.
Official website here: www.sdihf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%, Four-Star out of Four Stars
Interfaith Housing Assistance Corp has achieved a strong rating of 93%, indicating a high level of accountability and financial health. This score is entirely derived from its exceptional performance in the Accountability & Finance beacon, showcasing the organization’s commitment to transparency and responsible management of funds. A Four-Star rating reflects positive indicators that the charity is effectively utilizing its resources to fulfill its mission.
The nonprofit boasts a fully independent board, with 100% of its members being independent, which enhances its governance structure. It has also demonstrated excellence in its financial oversight, receiving full marks for its audit practices and policies regarding conflict of interest and whistleblower protections. The organization maintains strong financial ratios, with a low liabilities-to-assets ratio indicating good financial stability.
Despite these strengths, notable areas could benefit from improvement, particularly regarding its program expense ratio, which is at 67.93%. While this suggests that a significant portion of expenditures is directed towards programs, a higher percentage would further enhance efficiency in resource allocation. Overall, Interfaith Housing Assistance Corp is a well-managed nonprofit that stands out for its accountability and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Interfaith Housing Assistance Corp legitimate?
Interfaith Housing Assistance Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Interfaith Housing Assistance Corp 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: $606,883
Professional Fundraising Fees: $0
Other Salaries and Wages: $216,038
For more financial information, click here
Official website here: www.sdihf.org
What is the mission statement of Interfaith Housing Assistance Corp?
Interfaith Housing Assistance Corp is dedicated to facilitating the creation of affordable housing options for individuals with modest incomes, encompassing families, the elderly, and those with disabilities. Beyond this, the corporation offers technical and operational assistance to other non-profit housing projects to further expand affordable housing opportunities. Their primary goal is to contribute to the availability of affordable housing, thereby addressing the housing needs of a significant portion of the population.
Official website here: www.sdihf.org
Who is the CEO of Interfaith Housing Assistance Corp?
Lynn Gabe is the President & Ceo of Interfaith Housing Assistance Corp. The CEO's salary of Interfaith Housing Assistance Corp is $253,754 and their total compensation is $327,274.
Official website here: www.sdihf.org
What is the revenue of Interfaith Housing Assistance Corp?
Interfaith Housing Assistance Corp's revenue in 2022 was $1,303,491.
Official website here: www.sdihf.org
Who are the executives of Interfaith Housing Assistance Corp and what are their salaries?
The average compensation at Interfaith Housing Assistance Corp during 2022 was $12,282. There are 67 employees and 10 volunteers at Interfaith Housing Assistance Corp.
Here are 13 key members and their salaries (Interfaith Housing Assistance Corp's CEO's salary is $253,754 and their total compensation is $327,274):
- Compensation: $253,754
- Related: $0
- Other: $73,520
- Compensation: $147,654
- Related: $0
- Other: $20,373
- Compensation: $147,057
- Related: $0
- Other: $2,903
- 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
Official website here: www.sdihf.org
Where can I find the form 990 for Interfaith Housing Assistance Corp?
Interfaith Housing Assistance Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sdihf.org
Learn more at the official website: www.sdihf.org
Mission Statement of Interfaith Housing Assistance Corp
Interfaith Housing Assistance Corp is dedicated to aiding in the creation of affordable housing options for low-income residents within San Diego County. This nonprofit organization's mission is to contribute to the development of homes that are within the financial reach of families, the elderly, and individuals with disabilities. To further its goals, Interfaith Housing extends technical and operational assistance to other nonprofit housing projects, demonstrating its commitment to addressing housing challenges on a broader scale. Overall, Interfaith Housing Assistance Corp plays a crucial role in promoting affordable housing opportunities, thereby contributing to the well-being of its community.
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Impact
July, 2024
Interfaith Housing Assistance Corp's impact is significant in addressing the housing needs of low-income residents in San Diego County. Through their efforts, they have successfully developed affordable housing options for families, elderly individuals, and the handicapped. Additionally, Interfaith Housing provides crucial technical and operational assistance to other nonprofit housing projects, further expanding the reach of affordable housing solutions in the community. Their dedication to promoting affordable housing and supporting those in need demonstrates their commitment to improving the lives of vulnerable populations in San Diego County.
This information is meant to be a general summary of Interfaith Housing Assistance Corp. 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.
- Program Service Revenue: $1,303,491
- Gross Receipts: $1,303,491
Assets and Liabilities:
- Total Assets: $1,702,836
- Total Liabilities: $433,027
- Net Assets: $1,269,809
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOOKKEEPING SERVICES
Revenue
$86,936
MANAGEMENT FEES
Revenue
$1,073,550
MISCELLANEOUS FEES
Revenue
$26,890
RESIDENT SERVICE FEES
Revenue
$116,115
Organization Details
Founding Year
1983
Phone
(619) 668-1532Principal Officer
Lynn Gabe
Main Address
7956 LESTER AVE, LEMON GROVE, CA, 91945
Website
www.sdihf.orgNTEE Category
Code: L20 - Housing
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