Overview
What is Park West Apartments Inc The Community Builders Inc?
Park West Apartments Inc, in partnership with The Community Builders Inc, is a nonprofit organization situated in Boston, Massachusetts. Their primary mission is to offer affordable housing options for individuals with low and moderate incomes. This mission is carried out through dedicated efforts, aiming to provide a living space that is within reach for these income groups. The organization's location at 185 Dartmouth Street, Boston, MA 02116, underscores its commitment to serving the community in this capacity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 38%, Zero-Star out of Four Star rating.
Park West Apartments Inc, under The Community Builders Inc, has received a low rating primarily due to significant shortcomings in governance and transparency. With 0% of its board being independent members and multiple missing policies, it indicates a lack of accountability. The absence of a website listed on their tax form further signifies potential issues with transparency.
On a positive note, the organization maintains a high program expense ratio of 98.83%, suggesting that a large portion of its expenses is directed towards programs rather than administrative costs. Additionally, it has successfully avoided any material diversion of assets, which is a positive indicator of financial integrity.
However, the limitations highlighted in the assessment raise concerns about the organization’s overall governance and management practices. Without improvements in these areas, stakeholders may find it challenging to fully trust the nonprofit's operations and financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Park West Apartments Inc The Community Builders Inc legitimate?
Park West Apartments Inc % The Community Builders Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park West Apartments Inc % The Community Builders 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.
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 Park West Apartments Inc The Community Builders Inc?
The organization, Park West Apartments Inc in partnership with The Community Builders Inc, is committed to a primary mission. This mission focuses on providing affordable housing options for individuals with lower and moderate income levels. Their goal is to make housing accessible to a significant portion of the population who may struggle financially, ensuring everyone has a place to call home. They strive to make a tangible impact on people's lives by offering affordable housing solutions.
Who is the CEO of Park West Apartments Inc The Community Builders Inc?
D Morgan Wilson is the President (Until 7/10/23) of Park West Apartments Inc % The Community Builders Inc.
What is the revenue of Park West Apartments Inc The Community Builders Inc?
Park West Apartments Inc The Community Builders Inc's revenue in 2022 was $168,131.
Who are the executives of Park West Apartments Inc The Community Builders Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $160,571
- Other: $14,230
- Compensation: $0
- Related: $264,067
- Other: $45,916
Where can I find the form 990 for Park West Apartments Inc The Community Builders Inc?
Park West Apartments Inc The Community Builders Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Park West Apartments Inc The Community Builders Inc
Park West Apartments Inc The Community Builders Inc, as a nonprofit organization, is dedicated to providing affordable housing for individuals with low and moderate incomes. This mission is at the heart of their operations, aiming to make housing accessible to a significant section of society who might otherwise struggle to secure suitable living arrangements. By offering affordable housing, they contribute to the well-being and stability of their residents, enabling them to focus on other aspects of their lives. The organization's primary goal is to ensure that everyone, regardless of their income level, has a roof over their heads, thereby promoting social equity and inclusion.
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Impact
October, 2024
Park West Apartments Inc The Community Builders Inc plays a vital role in addressing the affordable housing crisis in Boston, Massachusetts. By focusing on the provision of affordable housing for low and moderate-income individuals and families, the organization contributes to enhancing community stability and improving living conditions for those who might otherwise struggle to find suitable housing.
This commitment helps to foster a sense of community and belonging, which can lead to greater social cohesion and improved quality of life for residents. Furthermore, by ensuring access to affordable housing, the organization helps to alleviate financial burdens on families, allowing them to allocate resources towards education, healthcare, and other essential needs.
In addition to providing housing, Park West Apartments Inc also supports the economic integration of its residents, contributing to a more diverse and inclusive community in Boston. Through these efforts, the organization has a significant impact on reducing homelessness and enhancing overall community well-being.
This information is meant to be a general summary of Park West Apartments Inc The Community Builders Inc. 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: $168,131
- Gross Receipts: $168,131
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $12,359
- Net Assets: -$12,359
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME FROM N
Revenue
$168,131
Organization Details
Founding Year
1995
Phone
(857) 221-8600Principal Officer
D Morgan Wilson
Main Address
185 DARTMOUTH STREET, BOSTON, MA, 02116
NTEE Category
Code: L200 - Housing
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