Overview
What is Heritage Park Inc?
Heritage Park Inc is a nonprofit organization that specializes in providing elderly housing, utilizing the Housing and Urban Development Section 202 Program. Based in Muskogee, Oklahoma, they offer accommodations for seniors, contributing to the community's support system for the elderly. Their mission is centered around this program, aiming to offer comfortable and suitable living spaces for this demographic.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning a Two-Star out of Four Star rating.
Heritage Park Inc exhibits strong governance practices, achieving a perfect score for having an entirely independent board and maintaining necessary policies regarding conflict of interest and document retention. The organization also demonstrates a commendable program expense ratio of 82.55%, indicating that a significant portion of its resources is directed towards its mission-related activities.
However, the organization faces challenges with its financial health, as reflected in a liabilities to assets ratio of 158.72%, which raises concerns about its overall sustainability and financial stability. While the accountability and finance score of 72 is decent, the financial limitations noted may impact the organization's capacity to fulfill its mission long-term. Overall, while Heritage Park Inc shows strengths in governance and program focus, it needs to address its financial challenges for a better rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Heritage Park Inc legitimate?
Heritage Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Park 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: $13,121
For more financial information, click here
What is the mission statement of Heritage Park Inc?
Heritage Park Inc's mission revolves around providing elderly housing. They accomplish this through the utilization of the HUD 202 Program. The organization's primary focus is on ensuring elderly individuals have access to suitable living accommodations. By leveraging this program, Heritage Park Inc is able to operate an elderly housing complex, providing a secure and comfortable environment for its residents. The organization's commitment to this cause reflects its dedication to enhancing the quality of life for the elderly community.
Who is the CEO of Heritage Park Inc?
Tara Goodman is the Executive Director of Heritage Park Inc.
What is the revenue of Heritage Park Inc?
Heritage Park Inc's revenue in 2022 was $53,187.
Who are the executives of Heritage Park Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $114,966
- 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
Where can I find the form 990 for Heritage Park Inc?
Heritage Park Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Heritage Park Inc
Heritage Park Inc, as a nonprofit organization, is committed to providing elderly housing through the HUD 202 Program. This mission is geared towards ensuring that elderlies have access to suitable living spaces. By leveraging the Housing and Urban Development Section 202 Program, Heritage Park Inc is able to operate an elderly housing complex, offering a secure and comfortable environment for the elderly population. This mission is crucial in addressing the housing needs of an often overlooked demographic, thereby contributing to their overall well-being and quality of life.
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
August, 2024
Heritage Park Inc's impact lies in providing essential housing for the elderly through the HUD 202 Program. This organization, based in Muskogee, Oklahoma, operates an elderly housing complex, ensuring that seniors have a safe and comfortable place to call home. By doing so, Heritage Park Inc not only meets a critical need in the community but also enhances the well-being and quality of life for the elderly individuals it serves.
This information is meant to be a general summary of Heritage Park 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: $28
- Program Service Revenue: $37,146
- Gross Receipts: $53,187
Assets and Liabilities:
- Total Assets: $709,796
- Total Liabilities: $1,087,518
- Net Assets: -$377,722
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.
Dwelling Rent
Revenue
$34,871
Tenant Charges
Revenue
$2,275
Organization Details
Founding Year
2005
Phone
(918) 687-6301Principal Officer
Tara Goodman
Main Address
PO Box 1471, Muskogee, OK, 74402
NTEE Category
Code: L21 - Housing
If you are a representative of Heritage Park 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.