Overview
What is Pilgrim Park Inc?
Pilgrim Park Inc is a nonprofit organization situated in San Rafael, California. Their primary mission is to offer affordable housing facilities and services, catering to the physical, social, and psychological needs of its residents. They aim to promote their residents' health, security, happiness, and usefulness in living for a longer period. During the fiscal year, Pilgrim Park Inc undertook significant improvements, including the repair of both the lower and upper parking lot areas. The organization's housing complex is subsidized by the U.S. Department of Housing and Urban Development (HUD).
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
Pilgrim Park Inc has achieved a high level of accountability and financial stability, reflected in its impressive 94% rating from Charity Navigator. This rating, based entirely on its accountability and finance score, indicates that the organization effectively manages its resources and adheres to best practices in financial oversight. In the most recent fiscal year, the charity maintained a strong program expense ratio of 96.30%, demonstrating a commitment to directing funds towards its mission.
The organization boasts a fully independent board, with all members (7 out of 7) meeting the criteria for independence. This governance structure enhances accountability and ensures that decisions are made in the best interest of the organization. Additionally, Pilgrim Park Inc has policies in place to address conflicts of interest and protect whistleblowers, which further reinforces its commitment to ethical operations.
While the financial oversight is robust, it is important to note that the rating is solely based on accountability and finance. There may be other factors related to programmatic impact or community feedback that are not captured in this score. However, the absence of any material diversion of assets and a solid liabilities to assets ratio of 38.34% are positive indicators of the organization's financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Pilgrim Park Inc legitimate?
Pilgrim Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pilgrim Park 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: $265,875
For more financial information, click here
What is the mission statement of Pilgrim Park Inc?
Pilgrim Park Inc's mission is centered around providing affordable housing facilities and services that cater to the physical, social, and psychological needs of its residents. This is done with the aim of promoting their health, security, happiness, and usefulness in longer living. The organization operates a 61-unit complex, funded in part by the U.S. Department of Housing and Urban Development (HUD). In addition to housing, the organization also focuses on maintaining the well-being of its residents, as evidenced by their recent repair of the parking lots during the fiscal year.
Who is the CEO of Pilgrim Park Inc?
Greg Ripley is the President of Pilgrim Park Inc.
What is the revenue of Pilgrim Park Inc?
Pilgrim Park Inc's revenue in 2022 was $1,672,274.
Who are the executives of Pilgrim Park Inc and what are their salaries?
There 7 volunteers at Pilgrim Park Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Pilgrim Park Inc?
Pilgrim Park Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pilgrim Park Inc
Pilgrim Park Inc, as a nonprofit organization, is committed to providing affordable housing facilities and services that cater to the physical, social, and psychological needs of its residents. The mission of Pilgrim Park Inc is to promote the health, security, happiness, and usefulness of its residents in their longer living. By offering specially defined facilities and services, this organization aims to enhance the overall well-being of its residents, ensuring they can live comfortably and securely. The organization operates a 61-unit affordable housing complex as a part of its mission, which is subsidized by the U.S. Department of Housing and Urban Development (HUD). During the fiscal year, Pilgrim Park Inc undertook necessary repairs to improve the parking lot areas within the complex.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Pilgrim Park Inc has a significant impact on the community in San Rafael, CA, by providing affordable housing for individuals and families in need. Operating a 61-unit affordable housing complex, the organization plays a crucial role in addressing housing insecurity. By ensuring access to safe, stable living environments, Pilgrim Park directly contributes to the physical, social, and psychological well-being of its residents.
The mission of Pilgrim Park focuses on promoting health, security, and happiness among its residents, enabling them to lead more fulfilling lives. Recent improvements, such as the repaving of parking lots, enhance the overall living conditions and safety for those who reside in the complex. This commitment to maintaining and improving the housing environment demonstrates their investment in the community and the quality of life for their residents.
Through its services, Pilgrim Park Inc not only meets housing needs but also fosters a supportive community atmosphere, contributing to the social fabric of San Rafael. By prioritizing affordable living and resident well-being, Pilgrim Park helps individuals thrive and fosters a sense of stability and belonging in the area.
This information is meant to be a general summary of Pilgrim Park 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 2022.
- Investment Income: $1,537
- Program Service Revenue: $740,471
- Gross Receipts: $1,672,274
Assets and Liabilities:
- Total Assets: $5,310,887
- Total Liabilities: $2,351,599
- Net Assets: $2,959,288
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$719,024
OTHER INCOME
Revenue
$21,447
Organization Details
Founding Year
1970
Phone
(415) 499-3350Principal Officer
Greg Ripley
Main Address
33 MERRYDALE ROAD, SAN RAFAEL, CA, 94903
NTEE Category
Code: L200 - Housing
If you are a representative of Pilgrim Park Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.