Overview
What is Pace Community Housing Corporation?
Pace Community Housing Corporation is a nonprofit organization situated in New Bedford, Massachusetts, specifically at 166 William Street. Their primary mission is to enhance the living conditions of underprivileged individuals by constructing and providing affordable housing within the New Bedford area. Their activities are centered around offering safe and economical housing solutions to individuals and families with low to moderate incomes, thereby contributing to the greater New Bedford community.
Official website here: www.paceinfo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Pace Community Housing Corporation has achieved an impressive 97% rating from Charity Navigator, earning a Four-Star designation, which reflects a strong commitment to accountability and finance. This high score is based entirely on the organization's exceptional performance in these areas in the most recent fiscal year, FY2023, indicating effective management of resources and transparency in operations.
The organization has demonstrated a robust governance structure, with 100% independent board members and a total of 13 members. This independence fosters objective decision-making and enhances the integrity of the organization. Additionally, Pace Community Housing has policies in place for conflict of interest, whistleblower protections, and document retention, all of which contribute to a strong ethical framework.
Another notable strength is the organization's financial health, highlighted by a program expense ratio of 100%, suggesting that all funds are directed towards its mission-related activities. Furthermore, the liabilities to assets ratio of 26.53% indicates prudent financial management. Overall, Pace Community Housing Corporation exemplifies effective nonprofit practices, ensuring that it uses donations efficiently to serve its community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Pace Community Housing Corporation?
96% of reviewers on Facebook recommend Pace Community Housing Corporation. Here is a summary of their feedback:
The organization is highly regarded for providing excellent services, with many users emphasizing its positive impact on the local community. Reviewers describe Pace Community Housing Corporation as a vital resource, highlighting its role as a staple in the area.
Overall, the sentiment is very favorable, indicating that people feel the nonprofit effectively meets the needs of those it serves, contributing to the well-being and support of the community.
This AI summary has been generated from reviews found on Facebook.
Is Pace Community Housing Corporation legitimate?
Pace Community Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pace Community Housing Corporation 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.paceinfo.org
What is the mission statement of Pace Community Housing Corporation?
Pace Community Housing Corporation is dedicated to providing safe and hygienic, cost-effective housing solutions for individuals and families of modest and low income. Their mission is to enhance the living standards of underprivileged individuals by constructing and managing affordable housing units in various communities. By offering affordable housing options, the organization aims to contribute positively to the overall quality of life for these individuals, thereby fostering a sense of community and stability.
Official website here: www.paceinfo.org
Who is the CEO of Pace Community Housing Corporation?
Pamela Kuechler is the Executive Director of Pace Community Housing Corporation.
Official website here: www.paceinfo.org
What is the revenue of Pace Community Housing Corporation?
Pace Community Housing Corporation's revenue in 2022 was $461,753.
Official website here: www.paceinfo.org
Who are the executives of Pace Community Housing Corporation and what are their salaries?
Here are 16 key members and their salaries:
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Official website here: www.paceinfo.org
Where can I find the form 990 for Pace Community Housing Corporation?
Pace Community Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.paceinfo.org
Learn more at the official website: www.paceinfo.org
Mission Statement of Pace Community Housing Corporation
Pace Community Housing Corporation is a dedicated organization that strives to provide safe and hygienic, yet economical housing solutions to individuals and families of modest and low income residing in the broader New Bedford, Massachusetts area. Their primary objective is to enhance the quality of life for underprivileged individuals by creating affordable housing opportunities within this region. By offering such housing solutions, Pace Community Housing Corporation aims to contribute to the overall well-being and stability of its community members, thereby making a substantial impact in their daily lives.
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Impact
July, 2024
Pace Community Housing Corporation's impact is significant in the Greater New Bedford, Massachusetts area, where it provides safe and sanitary, cost-effective housing to individuals and families of low and moderate income. By offering affordable housing options, Pace Community Housing Corporation plays a crucial role in improving the quality of life for underprivileged individuals in the community. Their mission is centered around creating a secure and stable environment for those in need, ultimately contributing to the overall well-being of the community.
This information is meant to be a general summary of Pace Community Housing Corporation. 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: $53
- Program Service Revenue: $41,700
- Gross Receipts: $461,753
Assets and Liabilities:
- Total Assets: $1,103,782
- Total Liabilities: $638,627
- Net Assets: $465,155
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$41,700
Organization Details
Founding Year
1991
Principal Officer
Pamela Kuechler
Main Address
166 WILLIAM STREET, New Bedford, MA, 02740
Website
www.paceinfo.orgNTEE Category
Code: L80 - Housing
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