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Gene B Glick Family Housing Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201698926 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

Overview

What is Gene B Glick Family Housing Foundation Inc?

The Gene B Glick Family Housing Foundation Inc is a nonprofit organization based in Indianapolis, Indiana. Its primary mission is to foster community development and alleviate poverty by providing safe and affordable housing to low and moderate income families and individuals. As of December 31, 2022, the organization owns approximately 6,511 affordable housing units across 40 properties, including the Resident Success Center. The Foundation engages in activities aimed at assisting the needy and underprivileged, and ensures the availability of habitable living spaces for these income groups.


Is Gene B Glick Family Housing Foundation Inc legitimate?

Gene B Glick Family Housing Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gene B Glick Family Housing Foundation Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $4,613
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,752,498

For more financial information, click here


What is the mission statement of Gene B Glick Family Housing Foundation Inc?
Who is the CEO of Gene B Glick Family Housing Foundation Inc?
What is the revenue of Gene B Glick Family Housing Foundation Inc?
Who are the executives of Gene B Glick Family Housing Foundation Inc and what are their salaries?
Where can I find the form 990 for Gene B Glick Family Housing Foundation Inc?

Mission Statement of Gene B Glick Family Housing Foundation Inc

Gene B Glick Family Housing Foundation Inc is a nonprofit organization dedicated to community development and providing relief for the poor and distressed or underprivileged. Its mission is twofold: to engage in activities that foster and support the welfare of those in need, and to offer safe, affordable, and sanitary housing to low and moderate income families and individuals.

The foundation takes an active role in developing and acquiring affordable housing units. As of December 31, 2022, it directly owns approximately 40 properties containing around 6,511 affordable housing units. These properties are essential in addressing the housing needs of low-income families, ensuring they have a safe and stable place to call home. In addition to its housing initiatives, the organization also operates a Resident Success Center.

Gene B Glick Family Housing Foundation Inc's commitment to its mission extends beyond just providing housing. By engaging in community development activities, the organization aims to create an environment where families can thrive. Through its efforts, it fosters a sense of unity and support, ultimately improving the lives of those it serves.

Impact

This information is meant to be a general summary of Gene B Glick Family Housing Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Gene B Glick Family Housing Foundation Inc's impact lies in its mission to provide safe, affordable, and sanitary housing to low and moderate-income families and individuals. By developing and acquiring affordable housing properties, the organization directly owns 40 properties with approximately 6,511 affordable housing units as of December 31, 2022. Through these efforts, the foundation plays a significant role in supporting the relief of the poor and distressed or the underprivileged in the community, ultimately contributing to the improvement of living conditions and fostering stability for those in need.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-9,258,634
  • Program Service Revenue: $67,114,348
  • Gross Receipts: $132,069,989

    • Assets and Liabilities:
  • Total Assets: $362,200,151
  • Total Liabilities: $173,891,319
  • Net Assets: $188,308,832
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENT FROM LOW INCOME H

    Revenue

    $67,114,348

    Organization Details

    Founding Year

    2004

    Principal Officer

    Stacey A Sunderman

    Main Address

    PO BOX 40177, INDIANAPOLIS, IN, 46240

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Gene B Glick Family Housing Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.