Overview
What is Agsten Homes Inc?
Agsten Homes Inc is a nonprofit organization that specializes in providing affordable housing solutions. Their flagship project, Agsten Manor, is a 103-unit apartment complex located in Columbus, Ohio, catering to the needs of both low-income families and the elderly. By operating this complex, Agsten Homes Inc upholds its mission of making housing accessible for those who may not otherwise have the means to secure it.
Official website here: www.nationalchurchresidences.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 69% (Two-Star out of Four Star rating)
Agsten Homes Inc has received a Two-Star rating from Charity Navigator, reflecting a moderate level of accountability and financial health. While the charity scores well in areas such as independent board membership and program expense ratio, there are notable weaknesses in governance policies, specifically the absence of a conflict of interest policy, whistleblower policy, and document retention policy.
The organization maintains a high percentage of independent board members, which contributes positively to its governance. Additionally, the financial oversight appears strong, as evidenced by a well-managed audit and oversight committee. However, the liabilities to assets ratio raises concerns, indicating potential financial vulnerabilities that the organization should address.
Overall, while Agsten Homes Inc demonstrates strengths in certain aspects of its operations, improvements in governance policies and financial management practices are necessary to enhance its rating and public trust. Addressing these limitations could position the organization better for future success and funding opportunities.
This AI summary has been generated from information found on Charity Navigator.
Is Agsten Homes Inc legitimate?
Agsten Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Agsten Homes 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.nationalchurchresidences.org
What is the mission statement of Agsten Homes Inc?
Agsten Homes Inc is committed to providing housing for individuals who fall under the categories of elderly and low-income persons. This mission is accomplished through the operation of facilities such as Agsten Manor, a 103-unit apartment complex in an unspecified location, which offers affordable housing options for both these groups. Agsten Homes Inc strives to make housing accessible and affordable for these vulnerable populations, thereby contributing to their overall well-being. The organization's efforts aim to ensure that everyone, regardless of their financial situation, has a place to call home.
Official website here: www.nationalchurchresidences.org
Who is the CEO of Agsten Homes Inc?
Andrew Cooke is the President of Agsten Homes Inc.
Official website here: www.nationalchurchresidences.org
What is the revenue of Agsten Homes Inc?
Agsten Homes Inc's revenue in 2023 was $782,793.
Official website here: www.nationalchurchresidences.org
Who are the executives of Agsten Homes Inc and what are their salaries?
There 7 volunteers at Agsten Homes Inc.
Here are 7 key members and their salaries:
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Official website here: www.nationalchurchresidences.org
Where can I find the form 990 for Agsten Homes Inc?
Agsten Homes Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nationalchurchresidences.org
Learn more at the official website: www.nationalchurchresidences.org
Mission Statement of Agsten Homes Inc
Agsten Homes Inc, a nonprofit organization, is dedicated to providing housing for the elderly and low-income individuals. Their mission is carried out through Agsten Manor, a 103-unit apartment complex located in Columbus, Ohio. This complex serves as a hub for fulfilling Agsten Homes Inc's mission of offering affordable housing options to both low-income families and the elderly. By owning and managing Agsten Manor, Agsten Homes Inc ensures that a diverse group of individuals has access to safe and affordable living spaces, thereby contributing to the well-being of the community.
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Impact
October, 2024
Agsten Homes Inc. significantly impacts the Columbus community by providing affordable housing solutions for elderly individuals and low-income families. Through the operation of Agsten Manor, a 103-unit apartment complex, it addresses a critical need for safe and accessible living arrangements for those who may otherwise struggle to find suitable housing. This initiative not only enhances the quality of life for residents but also fosters a sense of community. By creating stable living environments, Agsten Homes Inc. contributes to the overall well-being of vulnerable populations, promoting dignity and independence among its residents.
This information is meant to be a general summary of Agsten Homes 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 2023.
- Investment Income: $639
- Program Service Revenue: $259,075
- Gross Receipts: $782,793
Assets and Liabilities:
- Total Assets: $2,759,228
- Total Liabilities: $2,247,043
- Net Assets: $512,185
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT - NET
Revenue
$259,075
Organization Details
Founding Year
2007
Phone
(614) 451-2151Principal Officer
Andrew Cooke
Main Address
2245 NORTH BANK DRIVE, COLUMBUS, OH, 43220
NTEE Category
Code: L21 - Housing
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