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Universal Community Homes

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

EIN: 232775947 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is Universal Community Homes?

Universal Community Homes is a nonprofit organization situated in Philadelphia, Pennsylvania. Their primary mission is to foster economic development, entrepreneurship, and wealth creation within historically disadvantaged communities by identifying and eliminating systemic barriers. They provide a range of opportunities, including education, culture, and entrepreneurial prospects, aiming to stimulate growth. Their activities encompass affordable housing, workforce development, and training. The organization also emphasizes leadership generation and social solidarity, aiming for lasting renewal. With a team of 17 dedicated individuals, Universal Community Homes is committed to uplifting urban communities.


Is Universal Community Homes legitimate?

Universal Community Homes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Universal Community Homes 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: $254,478
Professional Fundraising Fees: $0
Other Salaries and Wages: $420,092

For more financial information, click here


What is the mission statement of Universal Community Homes?
Who is the CEO of Universal Community Homes?
What is the revenue of Universal Community Homes?
Who are the executives of Universal Community Homes and what are their salaries?
Where can I find the form 990 for Universal Community Homes?

Mission Statement of Universal Community Homes

Universal Community Homes, an organization dedicated to helping people, aims to foster educational, cultural, and entrepreneurial opportunities within historically disenfranchised communities. Their mission is to stimulate wealth creation by identifying and removing systemic barriers within urban settings, a strategy they refer to as the "Universal Plan." This plan is designed to empower these communities and promote their economic growth and development.

Impact

This information is meant to be a general summary of Universal Community Homes. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Universal Community Homes is making a significant impact by providing affordable housing, stimulating economic development to encourage entrepreneurship, offering workforce development and training programs, supporting education to foster leadership, and promoting social solidarity for lasting renewal in historically disenfranchised communities. Through their "Universal Plan," they are focused on identifying and removing systemic barriers to wealth creation within urban settings. Their efforts in Philadelphia, PA, are not only creating opportunities for individuals but also contributing to the overall improvement of the community.





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: $1
  • Program Service Revenue: $2,057,921
  • Gross Receipts: $2,080,917

    • Assets and Liabilities:
  • Total Assets: $3,201,132
  • Total Liabilities: $354,381
  • Net Assets: $2,846,751
  • Programs

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

    DEVELOPMENT AND MANAGE

    Revenue

    $1,328,959

    RENTAL INCOME

    Revenue

    $720,000

    REIMBURSEMENTS

    Revenue

    $8,962

    Organization Details

    Founding Year

    1993

    Principal Officer

    Faatimah Gamble

    Main Address

    800 SOUTH 15TH STREET, PHILADELPHIA, PA, 19146

    NTEE Category

    Code: S21Z - Community improvement

    If you are a representative of Universal Community Homes 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.