Overview
What is Twin Pines Housing Trust?
Twin Pines Housing Trust is a nonprofit organization situated in White River Junction, Vermont. Their primary focus is owning and managing a collection of affordable and moderate-income rental properties. The trust's mission is to enhance the availability of high-quality housing and supportive services, addressing the urgent and long-term housing needs of the Upper Valley community. With a dedicated team of 36 employees, the Twin Pines Housing Trust works tirelessly to provide housing solutions and support services to the community.
Official website here: www.tphtrust.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Twin Pines Housing Trust has achieved an impressive 96% rating from Charity Navigator, reflecting strong performance in accountability and finance. This high score indicates that the organization adheres to rigorous standards in financial management and transparency, which is essential for maintaining donor trust and support.
The charity boasts a fully independent board, with all 19 members meeting the criteria for independence. They have established robust policies regarding conflict of interest, whistleblower protections, and document retention. Additionally, Twin Pines maintains a low liabilities to assets ratio, demonstrating sound financial health and effective use of resources, with a program expense ratio of 86.59%, signifying a strong focus on mission-driven activities.
While the data presents a favorable view of Twin Pines Housing Trust, it is important for potential donors and stakeholders to consider that performance metrics are based solely on financial accountability. Further insights into programmatic effectiveness and community impact could enhance understanding of the organization's overall effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Twin Pines Housing Trust legitimate?
Twin Pines Housing Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Twin Pines Housing Trust 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: $128,273
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,081,679
For more financial information, click here
Official website here: www.tphtrust.org
What is the mission statement of Twin Pines Housing Trust?
Twin Pines Housing Trust is committed to expanding access to high-quality housing and supportive services, addressing both immediate and long-term needs within the community. Their mission is centered around meeting the housing demands of the Upper Valley region in a comprehensive manner. The trust operates a portfolio of low- to moderate-income rental properties to facilitate this objective.
Official website here: www.tphtrust.org
Who is the CEO of Twin Pines Housing Trust?
Andrew Winter is the Chair of Twin Pines Housing Trust.
Official website here: www.tphtrust.org
What is the revenue of Twin Pines Housing Trust?
Twin Pines Housing Trust's revenue in 2022 was $2,938,564.
Official website here: www.tphtrust.org
Who are the executives of Twin Pines Housing Trust and what are their salaries?
The average compensation at Twin Pines Housing Trust during 2022 was $33,610. There are 36 employees at Twin Pines Housing Trust.
Here are 16 key members and their salaries:
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- Compensation: $97,985
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- Other: $20,967
Official website here: www.tphtrust.org
Where can I find the form 990 for Twin Pines Housing Trust?
Twin Pines Housing Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tphtrust.org
Learn more at the official website: www.tphtrust.org
Mission Statement of Twin Pines Housing Trust
Twin Pines Housing Trust is dedicated to enhancing the availability of high-quality housing and essential support services to cater to the pressing and enduring needs of the Upper Valley community. By undertaking this mission, the trust aims to bridge the gap in housing options, ensuring a sustainable solution for the community's long-term housing requirements.
To achieve its objectives, Twin Pines Housing Trust manages a collection of low-to-moderate income rental properties. This portfolio serves as a crucial resource, offering affordable housing options to individuals and families within the community. The trust's commitment extends beyond providing housing, as it also offers supportive services to ensure the well-being and stability of its residents. By focusing on both housing and supportive services, Twin Pines Housing Trust strives to create a supportive environment that meets the diverse needs of its community members.
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Impact
October, 2024
Twin Pines Housing Trust significantly enhances access to quality housing and supportive services in the Upper Valley community. By owning and operating a diverse portfolio of rental properties aimed at low and moderate-income individuals and families, it addresses both immediate and long-term housing needs. This effort not only improves housing stability but also fosters community well-being, ensuring that residents have a safe and affordable place to call home. The Trust’s commitment contributes to the overall health of the community, paving the way for a stronger, more resilient Upper Valley.
This information is meant to be a general summary of Twin Pines Housing Trust. 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: $1,882
- Program Service Revenue: $1,441,188
- Gross Receipts: $2,938,564
Assets and Liabilities:
- Total Assets: $9,146,571
- Total Liabilities: $1,558,779
- Net Assets: $7,587,792
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$1,074,813
RENTAL INCOME
Revenue
$225,636
DEVELOPER FEES
Revenue
$140,739
Organization Details
Founding Year
1990
Phone
(802) 291-7000Principal Officer
Andrew Winter
Main Address
226 HOLIDAY DRIVE 20, WHITE RIVER JUNCTION, VT, 05001
Website
www.tphtrust.orgNTEE Category
Code: L20 - Housing
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