Overview
What is Pfi Housing Company Of Auburn Inc?
Pfi Housing Company of Auburn Inc, established under the New York State's not-for-profit corporation law, is a dedicated organization focusing on providing housing facilities for elderly, handicapped individuals, and families with low to moderate income. Their primary project, the Edward T. Boyle Center, located in Auburn, New York, falls under the Section 202 Basic Rental Program, governed by the Federal Housing Administration. The company's mission includes offering dwelling accommodations, along with social and recreational facilities and services, in line with their commitment to improving living conditions for their target population.
Official website here: www.edwardboylecenter.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Pfi Housing Company Of Auburn Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization achieved an overall score of 81%, primarily based on its strong practices in governance, with 100% of board members being independent. This indicates a commitment to accountability and transparency in their operations.
The nonprofit has demonstrated excellent financial management, maintaining a high program expense ratio of 88.20%, which suggests that a significant portion of its resources is directed towards its mission. Additionally, the organization has effective oversight mechanisms in place, as evidenced by the presence of an audit and oversight committee and various policies that promote ethical practices.
However, the organization faced challenges regarding its liabilities to assets ratio, scoring 0 out of 15 points in this category. This may indicate potential financial concerns that could impact its long-term sustainability. Overall, while Pfi Housing Company Of Auburn Inc shows strong governance and program effectiveness, addressing financial liabilities will be essential for its continued success.
This AI summary has been generated from information found on Charity Navigator.
Is Pfi Housing Company Of Auburn Inc legitimate?
Pfi Housing Company Of Auburn Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pfi Housing Company Of Auburn 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: $263,595
For more financial information, click here
Official website here: www.edwardboylecenter.com
What is the mission statement of Pfi Housing Company Of Auburn Inc?
Pfi Housing Company of Auburn Inc, a non-profit organization, was established with the primary objective of providing housing accommodations, social, and recreational facilities, and services for elderly and handicapped individuals and families of low to moderate income. This mission is carried out through the Edward T. Boyle Center, a project located in Auburn, New York. The corporation's activities are aimed at enhancing the living conditions of these individuals, ensuring they have access to suitable housing and community facilities.
Official website here: www.edwardboylecenter.com
Who is the CEO of Pfi Housing Company Of Auburn Inc?
James Hutchinson is the Chairman of Pfi Housing Company Of Auburn Inc.
Official website here: www.edwardboylecenter.com
What is the revenue of Pfi Housing Company Of Auburn Inc?
Pfi Housing Company Of Auburn Inc's revenue in 2022 was $1,396,570.
Official website here: www.edwardboylecenter.com
Who are the executives of Pfi Housing Company Of Auburn Inc and what are their salaries?
There 6 volunteers at Pfi Housing Company Of Auburn Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.edwardboylecenter.com
Where can I find the form 990 for Pfi Housing Company Of Auburn Inc?
Pfi Housing Company Of Auburn Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.edwardboylecenter.com
Learn more at the official website: www.edwardboylecenter.com
Mission Statement of Pfi Housing Company Of Auburn Inc
Pfi Housing Company of Auburn Inc, established under Section 402 of the Not-for-Profit Corporation Law of New York, is a nonprofit corporation with a mission to provide dwelling accommodations, social, and recreational facilities, and related services for elderly and handicapped individuals and families of low and moderate income. This organization operates a project known as Edward T. Boyle Center, located in Auburn, New York. The primary focus of Pfi Housing Company of Auburn Inc is to offer a safe and supportive living environment for those in need, ensuring they have access to essential amenities and services. By providing affordable housing options, the nonprofit aims to contribute positively to the lives of its residents, enabling them to live with dignity and independence.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Pfi Housing Company of Auburn Inc significantly impacts the community by providing essential low-income housing through the operation of the Edward T. Boyle Center, a 150-unit facility. This project is vital in offering affordable living accommodations specifically designed for elderly and handicapped individuals as well as families with low to moderate income.
By adhering to a regulatory agreement and utilizing public mortgages under the Section 202 Basic Rental Program, Pfi Housing ensures that residents have access to stable and affordable housing options. This not only supports the individuals and families who reside there but also contributes to the overall health and well-being of the Auburn community by promoting social cohesion and enhancing the quality of life for its vulnerable populations.
In addition to housing, Pfi Housing Company provides related social and recreational facilities and services, which are crucial for fostering a supportive community environment. Their mission helps alleviate housing insecurity among low-income groups, allowing residents to focus on their health, well-being, and personal development rather than worrying about unaffordable housing costs.
This information is meant to be a general summary of Pfi Housing Company Of Auburn 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.
- Investment Income: $652
- Program Service Revenue: $1,354,601
- Gross Receipts: $1,396,570
Assets and Liabilities:
- Total Assets: $3,834,390
- Total Liabilities: $3,449,262
- Net Assets: $385,128
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME - HUD
Revenue
$781,428
RENTAL INCOME - TENANT
Revenue
$551,078
RENTAL INCOME - COMMER
Revenue
$22,095
Organization Details
Founding Year
1978
Phone
(315) 424-1821Principal Officer
James Hutchinson
Main Address
149 GENESEE STREET, AUBURN, NY, 13021
Website
www.edwardboylecenter.comNTEE Category
Code: L22 - Housing
If you are a representative of Pfi Housing Company Of Auburn 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.