Overview
What is Pennyroyal Housing Alternatives Inc?
Pennyroyal Housing Alternatives Inc, a nonprofit organization, is situated with the primary objective of offering housing assistance to families with limited income. Their mission revolves around making affordable housing available, ensuring that low-income families have access to suitable living spaces. The organization is dedicated to this cause, providing vital housing support services to contribute positively to these families' lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%
Pennyroyal Housing Alternatives Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization demonstrates strong governance with a fully independent board and a solid program expense ratio of 93.26%, several critical policies are absent, including conflict of interest and whistleblower policies, which are essential for transparency and accountability.
The organization has no reported material diversion of assets, which reflects positively on its financial integrity. However, its liabilities to assets ratio of 100.07% raises red flags about its financial stability, suggesting that the organization may have more liabilities than assets, which could impact its long-term viability.
Overall, while Pennyroyal Housing Alternatives Inc shows strengths in governance and program efficiency, the lack of key policies and its concerning financial ratios highlight areas in need of improvement. Stakeholders may want to consider these factors when assessing the organization's overall effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Pennyroyal Housing Alternatives Inc legitimate?
Pennyroyal Housing Alternatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pennyroyal Housing Alternatives 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 Pennyroyal Housing Alternatives Inc?
Pennyroyal Housing Alternatives Inc, as a non-profit organization, is committed to serving low-income families by providing them with housing support services. Their primary mission is to offer affordable housing solutions, aiming to make a positive impact on these families' living situations. Beyond just housing, Pennyroyal Housing Alternatives strives to ensure that their services are comprehensive, addressing the unique needs of each family under their care. Their mission is to help these families secure stable and safe living environments, ultimately contributing to their overall well-being and improving their quality of life.
Who is the CEO of Pennyroyal Housing Alternatives Inc?
Susan Edwards is the Chair of Pennyroyal Housing Alternatives Inc.
What is the revenue of Pennyroyal Housing Alternatives Inc?
Pennyroyal Housing Alternatives Inc's revenue in 2022 was $88,992.
Who are the executives of Pennyroyal Housing Alternatives Inc and what are their salaries?
There 3 volunteers at Pennyroyal Housing Alternatives Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Pennyroyal Housing Alternatives Inc?
Pennyroyal Housing Alternatives Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pennyroyal Housing Alternatives Inc
Pennyroyal Housing Alternatives Inc is committed to providing housing support services to families with low incomes. Their mission is to offer affordable housing solutions, serving as a beacon of hope for those in need. Established with the goal of making housing accessible, Pennyroyal Housing Alternatives Inc strives to uplift families by providing them with the necessary housing support. Their mission is to make a tangible difference in the lives of these families, offering them a stable living environment.
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Impact
October, 2024
Pennyroyal Housing Alternatives Inc significantly impacts the community by providing essential housing support services to low-income families in Hopkinsville, KY. By focusing on affordable housing, the organization helps alleviate housing insecurity, enabling families to secure stable living conditions. This stability promotes better health outcomes, educational opportunities for children, and improved financial security. The services offered contribute to the overall well-being of the community, fostering resilience and empowerment among those served. Through its dedicated efforts, Pennyroyal Housing Alternatives plays a crucial role in creating a more equitable housing landscape for families in need.
This information is meant to be a general summary of Pennyroyal Housing Alternatives 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: $315
- Gross Receipts: $230,052
Assets and Liabilities:
- Total Assets: $2,012,006
- Total Liabilities: $2,013,566
- Net Assets: -$1,560
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Organization Details
Founding Year
2004
Phone
(270) 886-2205Principal Officer
Susan Edwards
Main Address
3999 FORT CAMPBELL BLVD, HOPKINSVILLE, KY, 42240
NTEE Category
Code: L20 - Housing
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