Overview
What is Steadfast Housing Development Corporation?
Steadfast Housing Development Corporation is a nonprofit organization based in Honolulu, Hawaii. Its mission is to provide housing and employment opportunities to individuals with serious and persistent mental illnesses. The organization offers a supported housing program, aiming to assist mentally disabled and low-income individuals in finding suitable housing. As of the provided information, approximately 277 clients have benefited from their services. The Corporation employs a staff of 100 individuals, working diligently to make a positive impact in their community.
Official website here: www.steadfast-hawaii.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Steadfast Housing Development Corporation has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a perfect score in various categories, the organization demonstrates strong governance, featuring a completely independent board and robust financial practices, such as thorough audits and efficient asset management.
The nonprofit excels in program expenditure, with an impressive 92.72% of its expenses allocated to programs, showcasing its commitment to its mission. The organization has also put in place essential policies, including conflict of interest and whistleblower policies, ensuring transparency and ethical operations. Additionally, its documentation practices, such as maintaining meeting minutes and adhering to proper retention and destruction policies, reflect a responsible approach to governance.
While the data highlights significant strengths, the overall rating is solely derived from accountability and finance metrics. As such, it may not provide a complete picture of the organization's impact or effectiveness in achieving its mission. However, the financial discipline and operational integrity indicated by the rating suggest that Steadfast Housing Development Corporation is well-managed and trustworthy.
This AI summary has been generated from information found on Charity Navigator.
Is Steadfast Housing Development Corporation legitimate?
Steadfast Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steadfast 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: $190,890
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,171,805
For more financial information, click here
Official website here: www.steadfast-hawaii.org
What is the mission statement of Steadfast Housing Development Corporation?
The Steadfast Housing Development Corporation is dedicated to providing housing and employment opportunities for individuals struggling with serious and persistent mental illnesses. Their mission is geared towards offering assistance in finding appropriate housing for mentally disabled and low-income individuals, as evidenced by their Supported Housing Program, which served approximately 277 clients. The corporation's goal is to contribute positively to these individuals' lives, ensuring they have access to stable housing and potential employment opportunities.
Official website here: www.steadfast-hawaii.org
Who is the CEO of Steadfast Housing Development Corporation?
Linda S Ahue is the President of Steadfast Housing Development Corporation.
Official website here: www.steadfast-hawaii.org
What is the revenue of Steadfast Housing Development Corporation?
Steadfast Housing Development Corporation's revenue in 2022 was $6,137,845.
Official website here: www.steadfast-hawaii.org
Who are the executives of Steadfast Housing Development Corporation and what are their salaries?
The average compensation at Steadfast Housing Development Corporation during 2022 was $23,627. There are 100 employees at Steadfast Housing Development Corporation.
Here are 9 key members and their salaries:
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- Compensation: $86,858
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- Other: $12,325
- Compensation: $74,923
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- Other: $12,129
Official website here: www.steadfast-hawaii.org
Where can I find the form 990 for Steadfast Housing Development Corporation?
Steadfast Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.steadfast-hawaii.org
Learn more at the official website: www.steadfast-hawaii.org
Mission Statement of Steadfast Housing Development Corporation
The Steadfast Housing Development Corporation, a dedicated nonprofit organization, is committed to providing housing and employment opportunities for individuals struggling with serious and persistent mental illnesses. This mission is at the heart of the corporation's activities, aiming to make a significant difference in the lives of those who often face challenges in finding stable housing and employment.
One of the key initiatives undertaken by the Steadfast Housing Development Corporation is its Supported Housing Program. This program offers assistance in locating housing for mentally disabled and low-income individuals, serving approximately 277 clients. By providing housing, the corporation offers a sense of security and stability, enabling these individuals to focus on their recovery and rebuilding their lives.
In addition to providing housing, the Steadfast Housing Development Corporation also strives to create employment opportunities for its clients. By doing so, the organization aims to foster independence and self-sufficiency, helping individuals reconnect with their communities and regain a sense of purpose. The mission of the Steadfast Housing Development Corporation is a testament to its commitment to improving the lives of those struggling with mental illnesses, offering hope and a brighter future through its housing and employment initiatives.
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Impact
June, 2024
Steadfast Housing Development Corporation's impact is significant in providing housing and employment opportunities to individuals with serious and persistent mental illnesses. Through their supported housing program in Honolulu, Hawaii, they have successfully assisted approximately 277 clients in finding suitable housing. By offering this vital support, Steadfast is improving the lives of individuals facing mental health challenges, ensuring they have access to safe and stable living situations. Additionally, by incorporating employment opportunities into their mission, Steadfast is empowering these individuals to lead more independent and fulfilling lives. Their dedication to addressing the housing and employment needs of those with mental illnesses makes a tangible difference in the community.
This information is meant to be a general summary of Steadfast 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 2022.
- Investment Income: -$15,218
- Program Service Revenue: $755,158
- Gross Receipts: $6,153,075
Assets and Liabilities:
- Total Assets: $5,266,859
- Total Liabilities: $159,485
- Net Assets: $5,107,374
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$755,158
Organization Details
Founding Year
1989
Phone
(808) 599-6230Principal Officer
Linda S Ahue
Main Address
888 IWILEI ROAD 250, HONOLULU, HI, 96817
Website
www.steadfast-hawaii.orgNTEE Category
Code: F33Z - Mental health
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