Overview
What is Presbyterian Homes Of Florida Inc?
Presbyterian Homes of Florida Inc, situated in Tampa, Florida, is a dedicated nonprofit organization focusing on providing affordable senior housing. Their primary mission involves offering low-rent accommodations to the elderly, thereby receiving government assistance to make this possible. The organization serves as a vital resource for elderly individuals, ensuring they can maintain a comfortable living situation without financial strain.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Presbyterian Homes Of Florida Inc has achieved a high level of recognition with a Four-Star rating from Charity Navigator, reflecting its strong accountability and finance practices. The organization scored 94% in the Accountability & Finance category, which is indicative of its commitment to transparency and responsible financial management. The high score is largely due to having a fully independent board and robust oversight mechanisms in place.
Notably, all board members of Presbyterian Homes Of Florida Inc are independent, and the organization has a comprehensive set of policies in place, including conflict of interest and whistleblower policies. The lack of material diversion of assets and a strong liabilities-to-assets ratio further demonstrate its financial health. Additionally, the program expense ratio is notably high, indicating that nearly all of its expenses are directed toward its charitable programs.
Overall, the nonprofit shows exemplary practices in governance and financial management, making it a reliable choice for donors looking to support a well-managed organization. However, while the financial metrics are strong, the summary does not provide insight into the specific impact or effectiveness of its programs, which could be an area of interest for potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Presbyterian Homes Of Florida Inc legitimate?
Presbyterian Homes Of Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presbyterian Homes Of Florida 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $392,556
For more financial information, click here
What is the mission statement of Presbyterian Homes Of Florida Inc?
Presbyterian Homes of Florida Inc. is dedicated to providing affordable housing for the elderly, supported by government assistance. Their mission is to offer low-rent living solutions for this demographic, ensuring they can maintain a comfortable retirement lifestyle. The organization's focus is on facilitating senior housing, backed by government assistance, to cater to the elderly population's needs. By providing this service, Presbyterian Homes of Florida Inc. aims to contribute positively to the well-being and independence of the elderly community.
Who is the CEO of Presbyterian Homes Of Florida Inc?
James Wilson is the President of Presbyterian Homes Of Florida Inc.
What is the revenue of Presbyterian Homes Of Florida Inc?
Presbyterian Homes Of Florida Inc's revenue in 2022 was $1,554,565.
Who are the executives of Presbyterian Homes Of Florida Inc and what are their salaries?
The average compensation at Presbyterian Homes Of Florida Inc during 2022 was $30,197. There are 13 employees at Presbyterian Homes Of Florida Inc.
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Where can I find the form 990 for Presbyterian Homes Of Florida Inc?
Presbyterian Homes Of Florida Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Presbyterian Homes Of Florida Inc
Presbyterian Homes of Florida, a renowned organization, is dedicated to providing low-cost, government-assisted housing for the elderly. This mission is centered around creating a supportive environment for the elderly population, ensuring they have access to affordable housing. The organization's primary goal is to contribute to the well-being of its elderly residents by offering them a place to call home. By providing this essential service, Presbyterian Homes of Florida is making a significant impact in the lives of its senior residents, enabling them to maintain their independence and dignity in their golden years.
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Impact
October, 2024
Presbyterian Homes of Florida Inc significantly enhances the quality of life for elderly residents by providing low rent government-assisted housing in Tampa, FL. This initiative alleviates financial burdens for seniors, fostering a secure and supportive living environment. By making affordable housing accessible, the organization plays a crucial role in promoting the well-being and independence of older adults. Additionally, it contributes to the community by ensuring that seniors have a stable and respectful place to live, which can lead to improved health outcomes and greater social engagement among residents. The impact extends beyond housing, as it cultivates a community where seniors can thrive, connect, and support each other.
This information is meant to be a general summary of Presbyterian Homes Of Florida 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: $2,731
- Program Service Revenue: $1,509,680
- Gross Receipts: $1,554,565
Assets and Liabilities:
- Total Assets: $3,153,618
- Total Liabilities: $83,594
- Net Assets: $3,070,024
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,509,680
Organization Details
Phone
(813) 839-5331Principal Officer
James Wilson
Main Address
4011 S MANHATTAN AVENUE, TAMPA, FL, 33611
NTEE Category
Code: L22 - Housing
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