Overview
What is Pahc Properties Corporation?
Pahc Properties Corporation is a nonprofit organization situated in Palo Alto, California, specifically at 3460 W Bayshore Road 104. Their primary mission is to provide and maintain affordable housing for individuals with low income. This mission is carried out through a variety of activities, including fostering, developing, acquiring, rehabilitating, managing, and operating low and moderate-income housing within Palo Alto. The organization's focus on this critical need in the community aligns with their dedication to improving living conditions for those who require financial assistance.
Official website here: www.altahousing.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Pahc Properties Corporation has received a Three-Star rating from Charity Navigator, with an overall score of 81%. This score is derived entirely from the Accountability & Finance beacon, indicating a strong emphasis on these areas within the organization. The high score reflects a commitment to transparency and sound financial management practices.
The organization boasts a fully independent board, with 16 members, and has achieved perfect scores for key governance aspects, including its audit and oversight functions. Their financials indicate a strong program expense ratio of 97.11%, suggesting that a vast majority of funds are directed toward their programs rather than administrative costs.
While the organization demonstrates robust accountability measures and transparency, the rating is limited to the financial aspects and does not provide information regarding program effectiveness or impact. Overall, Pahc Properties Corporation appears to manage its resources well, with a notable focus on governance and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Pahc Properties Corporation legitimate?
Pahc Properties Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pahc Properties 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,450
For more financial information, click here
Official website here: www.altahousing.org/
What is the mission statement of Pahc Properties Corporation?
Pahc Properties Corporation is committed to fostering, developing, acquiring, rehabilitating, managing, and operating low and moderate-income housing. Their primary mission is to provide and maintain affordable housing for individuals with limited financial resources. This organization strives to enhance the living conditions of these individuals by offering decent, well-maintained housing options.
Official website here: www.altahousing.org/
Who is the CEO of Pahc Properties Corporation?
Randal Tsuda is the Chair of Pahc Properties Corporation. The CEO's salary of Pahc Properties Corporation is $0 and their total compensation is $339,749.
Official website here: www.altahousing.org/
What is the revenue of Pahc Properties Corporation?
Pahc Properties Corporation's revenue in 2022 was $2,565,863.
Official website here: www.altahousing.org/
Who are the executives of Pahc Properties Corporation and what are their salaries?
There 16 volunteers at Pahc Properties Corporation.
Here are 18 key members and their salaries (Pahc Properties Corporation's CEO's salary is $0 and their total compensation is $339,749):
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- Related: $278,200
- Other: $61,549
- Compensation: $0
- Related: $193,145
- Other: $50,536
Official website here: www.altahousing.org/
Where can I find the form 990 for Pahc Properties Corporation?
Pahc Properties Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.altahousing.org/
Learn more at the official website: www.altahousing.org/
Mission Statement of Pahc Properties Corporation
Pahc Properties Corporation, as a mission-driven organization, is committed to providing and maintaining affordable housing for individuals with low incomes. Their primary goal is to foster, develop, acquire, rehabilitate, manage, and operate low and moderate-income housing. This nonprofit corporation operates with a vision to make a positive impact on the lives of those in need, ensuring they have access to decent, affordable housing. By carrying out these activities, Pahc Properties Corporation strives to contribute to a better living environment for its community members.
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Impact
October, 2024
Pahc Properties Corporation plays a vital role in addressing housing challenges in Palo Alto, California, by providing and maintaining low and moderate-income housing. Its mission focuses on fostering, developing, acquiring, rehabilitating, managing, and operating affordable housing options for low-income individuals. By ensuring access to decent and affordable housing, the organization helps to alleviate the pressures faced by underserved populations in the area, contributing to a more equitable community. Pahc Properties Corporation's efforts not only enhance the quality of life for residents but also promote stability and inclusivity within the local housing market.
This information is meant to be a general summary of Pahc Properties 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: $6,566
- Program Service Revenue: $2,559,297
- Gross Receipts: $2,565,863
Assets and Liabilities:
- Total Assets: $26,558,891
- Total Liabilities: $21,188,682
- Net Assets: $5,370,209
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$2,025,331
GROUND LEASE
Revenue
$484,295
OTHER INCOME
Revenue
$44,304
INCOME FROM PTRSHIP.
Revenue
$5,367
Organization Details
Founding Year
2004
Phone
(650) 321-9709Principal Officer
Randal Tsuda
Main Address
3460 W BAYSHORE ROAD 104, PALO ALTO, CA, 94303
Website
www.altahousing.org/NTEE Category
Code: L210 - Housing
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