Overview
What is Shields Housing Corporation?
Shields Housing Corporation is a nonprofit organization situated in Los Angeles, California. The primary objective of this organization is to provide advocacy and establish housing programs to cater to the needs of high-risk families in underserved areas, with a specific focus on serving the South-Central Los Angeles community. Their mission is multifaceted, encompassing the provision of essential housing solutions and advocacy services for families at risk, thereby addressing the unique challenges faced by these communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star rating.
Shields Housing Corporation has received a rating of 57% from Charity Navigator, reflecting significant concerns regarding its financial transparency and governance. While the organization has a majority of independent board members, it lacks sufficient independent board size and has not provided essential financial statements, which are critical for assessing its financial health and accountability.
On a more positive note, the organization has established several good governance practices, including a conflict of interest policy, a whistleblower policy, and a document retention policy. Additionally, it has shown commitment to its programs, with a program expense ratio of 100%, indicating that all its expenditures are directed towards its mission-focused activities. However, the absence of financial documentation remains a major drawback.
Overall, while Shields Housing Corporation demonstrates strengths in governance policies and program commitment, significant gaps in financial reporting and transparency hinder its overall rating. Potential donors and stakeholders should weigh these factors carefully when considering their support.
This AI summary has been generated from information found on Charity Navigator.
Is Shields Housing Corporation legitimate?
Shields Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shields 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Shields Housing Corporation?
Shields Housing Corporation is committed to providing advocacy and establishing housing programs to cater to the needs of high-risk families in underserved areas, with a specific focus on serving the South-Central Los Angeles community. Their mission is to establish housing solutions and advocate for these families, aiming to enhance their living conditions and improve their overall well-being. The corporation's activities are centered around providing essential housing services to those in need, working to address housing-related issues and improve the quality of life for these families.
Who is the CEO of Shields Housing Corporation?
Kathryn Icenhower is the Secretary/Treasurer of Shields Housing Corporation.
What is the revenue of Shields Housing Corporation?
Shields Housing Corporation's revenue in 2022 was $817,626.
Who are the executives of Shields Housing Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $267,136
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Shields Housing Corporation?
Shields Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Shields Housing Corporation
Shields Housing Corporation is an organization dedicated to advocating for and establishing housing programs to cater to the needs of high-risk families residing in underserved areas, with a particular focus on the South-Central Los Angeles community. The nonprofit's mission is multifaceted, aiming to provide comprehensive support to these vulnerable families. It establishes housing programs that are tailored to meet their unique needs, thereby contributing to their overall well-being. Shields Housing Corporation's mission is driven by its commitment to serve this specific community, ensuring that they have access to essential housing resources.
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Impact
July, 2024
Shields Housing Corporation's impact is significant in providing advocacy and establishing housing programs to meet the needs of high-risk families in underserved areas, with a particular emphasis on serving the South-Central Los Angeles community. Through its programs, Shields Housing Corporation has made a difference in the lives of low-income families in South Central Los Angeles by offering essential support for housing stability and empowerment.
This information is meant to be a general summary of Shields 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.
- Gross Receipts: $817,626
Assets and Liabilities:
- Total Assets: $6,177,041
- Total Liabilities: $6,432,671
- Net Assets: -$255,630
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Organization Details
Founding Year
1995
Phone
(323) 242-5000Principal Officer
Kathryn Icenhower
Main Address
P O BOX 59129, LOS ANGELES, CA, 90059
NTEE Category
Code: L21 - Housing
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