Overview
What is Partners For Better Housing?
Partners For Better Housing is a nonprofit organization dedicated to fostering partnerships that provide affordable housing opportunities for modest and moderate-income families, promoting their social mobility. Their primary focus is addressing the pressing need for attainable housing. Their flagship project, Willow Bend, is a residential development and construction initiative located in Fayetteville, AR. This community is well-connected, offering easy access to the downtown area via walking and biking. The neighborhood of Willow Bend is lively and thriving, further enhancing the overall living experience for its residents.
Official website here: www.partnersforbetterhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Partners For Better Housing has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas. The organization scores 73% overall, reflecting solid governance and financial practices, highlighted by its 100% independent board members and comprehensive financial statements. The existence of policies for conflict of interest, whistleblowing, and document retention demonstrates a commitment to accountability.
Despite these strengths, the organization shows some limitations, particularly in its program expense ratio, which stands at 55.44%. This suggests that a smaller portion of its funds is being directed towards its programs compared to its administrative and fundraising expenses. Additionally, the liabilities to assets ratio at 56.09% raises questions about the organization's financial sustainability and ability to meet its long-term obligations effectively.
Overall, while Partners For Better Housing exhibits strong governance practices and transparency, it faces challenges in optimizing its expenditure towards programmatic work. Continued focus on improving operational efficiency and enhancing the program expense ratio could help elevate its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Partners For Better Housing legitimate?
Partners For Better Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Partners For Better Housing 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: $136,975
Professional Fundraising Fees: $0
Other Salaries and Wages: $188,895
For more financial information, click here
Official website here: www.partnersforbetterhousing.org
What is the mission statement of Partners For Better Housing?
Partners For Better Housing is dedicated to fostering collaborative relationships that facilitate affordable housing options for families with moderate and modest incomes. Their primary focus is to address the pressing need for reasonably priced housing, aiming to contribute to social mobility for these households. As part of their initiatives, Partners for Better Housing has embarked on a long-term real estate development and construction project, named Willow Bend. Located in Fayetteville, AR, Willow Bend offers residents easy access to the downtown area, and its community provides a walkable and bikeable environment. This project reflects Partners for Better Housing's commitment to creating vibrant, livable neighborhoods that cater to the needs of their target demographic.
Official website here: www.partnersforbetterhousing.org
Who is the CEO of Partners For Better Housing?
Monique Pierre is the Ceoexec Dir of Partners For Better Housing. The CEO's salary of Partners For Better Housing is $136,975 and their total compensation is $136,975.
Official website here: www.partnersforbetterhousing.org
What is the revenue of Partners For Better Housing?
Partners For Better Housing's revenue in 2022 was $568,685.
Official website here: www.partnersforbetterhousing.org
Who are the executives of Partners For Better Housing and what are their salaries?
The average compensation at Partners For Better Housing during 2022 was $81,468. There are 4 employees at Partners For Better Housing.
Here are 13 key members and their salaries (Partners For Better Housing's CEO's salary is $136,975 and their total compensation is $136,975):
- Compensation: $136,975
- Related: $0
- Other: $0
- Compensation: $100,375
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.partnersforbetterhousing.org
Where can I find the form 990 for Partners For Better Housing?
Partners For Better Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.partnersforbetterhousing.org
Learn more at the official website: www.partnersforbetterhousing.org
Mission Statement of Partners For Better Housing
Partners For Better Housing is an organization dedicated to fostering strong collaborations that provide housing opportunities for individuals and families with modest-to-moderate incomes. Their primary objective is to address the pressing issue of affordable housing. One of their significant initiatives is the development and construction of the Willow Bend project, their first and ongoing endeavor. Located in Fayetteville, AR, Willow Bend offers residents the convenience of walkable and bikeable distances to the downtown area, establishing a vibrant community. Partners for Better Housing's mission is to support these households and help them strive for upward mobility, thereby contributing to a more equitable society.
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Impact
July, 2024
Partners For Better Housing's impact is focused on creating housing opportunities for modest- and moderate-income households, supporting families in achieving upward mobility, and addressing the critical need for attainable housing. Their real-estate development and home construction project, Willow Bend, located in Fayetteville, AR, offers a vibrant community with walkable and bikeable distances to the downtown area. By building strong partnerships and providing affordable housing options, Partners For Better Housing is making a positive difference in the lives of individuals and families in Fayetteville.
This information is meant to be a general summary of Partners For Better Housing. 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: $2,907
- Program Service Revenue: $9,180
- Gross Receipts: $568,685
Assets and Liabilities:
- Total Assets: $3,075,852
- Total Liabilities: $1,725,366
- Net Assets: $1,350,486
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Management
Revenue
$9,180
Organization Details
Founding Year
2011
Principal Officer
Monique Pierre
Main Address
1670 E Joyce Blvd STE 1, Fayetteville, AR, 72703
NTEE Category
Code: L20 - Housing
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