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Arp Place - Gastonia Inc

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

EIN: 204336551 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(3)

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Overview

What is Arp Place - Gastonia Inc?

Arp Place - Gastonia Inc is a nonprofit organization based in Winston-Salem, North Carolina, specifically located at 2585 W Clemmonsville Road Suite 1, 27127. Their primary mission is to provide affordable housing for physically handicapped individuals, following Section 811 of the Cranston-Gonzales National Affordable Housing Act. They offer a 12-unit apartment complex as part of their services, dedicated to enhancing living conditions for people with physical disabilities. The organization's activities are centered around providing physically handicapped housing services, aiming to create a supportive living environment for those in need.


Official website here: www.nchsm.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)

Arp Place - Gastonia Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid score of 76%. The organization showcases strong accountability and financial practices, highlighted by a high program expense ratio of 95.81%, indicating that a significant portion of its budget is directed towards programs rather than administrative costs. Additionally, the organization boasts a board comprised entirely of independent members, which supports transparency and governance.

Despite its strengths, the organization has notable limitations in its governance policies. Specifically, it lacks critical policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which have resulted in lower scores in these areas. Furthermore, the absence of its tax form on the nonprofit's website may hinder transparency for potential donors or supporters looking for financial information.

Overall, while Arp Place - Gastonia Inc demonstrates a strong commitment to its programs and a well-governed board structure, addressing its policy deficiencies could enhance its overall accountability and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Arp Place - Gastonia Inc legitimate?

Arp Place - Gastonia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arp Place - Gastonia 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


Official website here: www.nchsm.org

What is the mission statement of Arp Place - Gastonia Inc?

Arp Place - Gastonia Inc, as a non-profit organization, is dedicated to serving physically handicapped individuals. Their primary mission is to operate low-income housing for these individuals, providing them with a suitable living environment. They accomplish this by managing a 12-unit apartment complex, in accordance with Section 811 of the Cranston-Gonzales National Affordable Housing Act. This act is designed to ensure that affordable housing options are available for physically handicapped individuals, thereby promoting their independence and improving their quality of life.


Official website here: www.nchsm.org

Who is the CEO of Arp Place - Gastonia Inc?

Tammy Vernon is the President of Arp Place - Gastonia Inc.


Official website here: www.nchsm.org

What is the revenue of Arp Place - Gastonia Inc?

Arp Place - Gastonia Inc's revenue in 2022 was $91,261.


Official website here: www.nchsm.org

Who are the executives of Arp Place - Gastonia Inc and what are their salaries?

There 4 volunteers at Arp Place - Gastonia Inc.


Here are 4 key members and their salaries:


Craig Peatross (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mallory Oates (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Merritt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Vernon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nchsm.org

Where can I find the form 990 for Arp Place - Gastonia Inc?

Arp Place - Gastonia Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nchsm.org

Learn more at the official website: www.nchsm.org

Mission Statement of Arp Place - Gastonia Inc

Arp Place - Gastonia Inc is dedicated to providing housing services for individuals who are physically handicapped. Their mission is to operate low-income housing units specifically designed for these individuals, ensuring they have a safe and accessible living space. This mission is carried out through the operation of a 12-unit apartment complex, which is funded under Section 811 of the Cranston-Gonzales National Affordable Housing Act. By providing such housing, Arp Place - Gastonia Inc aims to contribute to the well-being and independence of physically handicapped individuals, enabling them to live with dignity and comfort.

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Impact




October, 2024

Arp Place - Gastonia Inc plays a vital role in improving the quality of life for physically handicapped individuals by providing accessible living spaces. Operating a 12-unit apartment complex designed specifically for those with physical disabilities, the organization ensures that residents have a safe and supportive environment.

Located in Winston-Salem, North Carolina, Arp Place aligns its services with the Section 811 of the Cranston-Gonzales National Affordable Housing Act, which underscores its commitment to affordable housing for individuals with disabilities. This not only addresses critical housing needs but also promotes independence and community integration for its residents.

By offering low-income housing tailored to the unique needs of physically handicapped individuals, Arp Place contributes significantly to fostering inclusivity and self-sufficiency, empowering residents to lead fulfilling lives while enhancing their overall well-being.




This information is meant to be a general summary of Arp Place - Gastonia 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.

Revenue
$91,261 (2022)
Expenses
$117,266 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5
  • Program Service Revenue: $35,269
  • Gross Receipts: $91,261

Assets and Liabilities:

  • Total Assets: $865,045
  • Total Liabilities: $228,649
  • Net Assets: $636,396

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Programs

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

TENANT RENTAL PAYMENTS

Revenue

$35,164

LAUNDRY AND VENDING RE

Revenue

$105

Organization Details

Founding Year

2006

Principal Officer

Tammy Vernon

Main Address

2585 W CLEMMONSVILLE ROAD SUITE 1, WINSTONSALEM, NC, 27127

NTEE Category

Code: L200 - Housing

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