Overview
What is St Thomas Aquinas Housing Corp C/O Hudson Real Estate?
St. Thomas Aquinas Housing Corp, operating under the name Alvarado Village and affiliated with Hudson Real Estate, is a nonprofit organization situated in Boulder, Colorado. Its primary mission is to provide affordable housing solutions for low-income families, adhering to the Department of Housing and Urban Development's Section 236 program. They strive to make a positive impact on the community by offering suitable living spaces for families in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (67%)
St. Thomas Aquinas Housing Corp currently holds a two-star rating, indicating a need for improvement in its accountability and financial practices. While the organization benefits from a fully independent board, which is a positive aspect, it lacks transparency in financial disclosures, evidenced by an absence of financial statements and missing key governance policies such as a conflict of interest and whistleblower policy.
The organization demonstrates a strong program expense ratio of 88.49%, suggesting that a significant portion of its resources is directed toward its mission rather than administrative costs. However, it faces challenges in meeting best practices for transparency, as indicated by missing information on its website and financial reporting. Addressing these issues could enhance its credibility and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is St Thomas Aquinas Housing Corp C/O Hudson Real Estate legitimate?
St Thomas Aquinas Housing Corp C/O Hudson Real Estate is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Thomas Aquinas Housing Corp C/O Hudson Real Estate 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: $3,796
For more financial information, click here
What is the mission statement of St Thomas Aquinas Housing Corp C/O Hudson Real Estate?
St. Thomas Aquinas Housing Corp, in association with Hudson Real Estate, is committed to providing low-income housing for families who fall below a certain income threshold. Operating under the Department of Housing and Urban Development's Section 236 program, their mission is primarily focused on addressing the housing needs of this particular demographic. The organization's primary goal is to make suitable housing accommodations available for these families, ensuring they have a place to call home.
Who is the CEO of St Thomas Aquinas Housing Corp C/O Hudson Real Estate?
Tiffany Lough is the Treasurer/Di of St Thomas Aquinas Housing Corp C/O Hudson Real Estate.
What is the revenue of St Thomas Aquinas Housing Corp C/O Hudson Real Estate?
St Thomas Aquinas Housing Corp C/O Hudson Real Estate's revenue in 2023 was $851,494.
Who are the executives of St Thomas Aquinas Housing Corp C/O Hudson Real Estate and what are their salaries?
There 8 volunteers at St Thomas Aquinas Housing Corp C/O Hudson Real Estate.
Here are 8 key members and their salaries:
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Where can I find the form 990 for St Thomas Aquinas Housing Corp C/O Hudson Real Estate?
St Thomas Aquinas Housing Corp C/O Hudson Real Estate's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of St Thomas Aquinas Housing Corp C/O Hudson Real Estate
St. Thomas Aquinas Housing Corp C/O Hudson Real Estate is dedicated to providing low-income housing solutions for families in need. Operating under the Department of Housing and Urban Development's Section 236 program, this organization plays a crucial role in addressing the housing needs of low-income families. By offering housing opportunities, St. Thomas Aquinas Housing Corp C/O Hudson Real Estate aims to improve living conditions and provide a stable environment for these families, enabling them to focus on other aspects of their lives. This mission aligns with the broader objective of ensuring that every individual has access to adequate housing, which is a fundamental human right. The organization's dedication to this cause is commendable, as it contributes to a more equitable society where everyone has the opportunity to thrive.
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Impact
October, 2024
St. Thomas Aquinas Housing Corp C/O Hudson Real Estate plays a crucial role in addressing the housing needs of low-income families in Boulder, CO. By providing affordable housing options under the Department of Housing and Urban Development Section 236 program, it helps ensure that vulnerable populations have access to safe and stable living environments. This impact extends beyond just housing; it contributes to the overall well-being of families by providing a foundation for stability, enabling children to thrive and parents to pursue employment opportunities. The organization’s commitment to low-income housing fosters community development, improves quality of life, and supports economic growth within the region.
This information is meant to be a general summary of St Thomas Aquinas Housing Corp C/O Hudson Real Estate. 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 2023.
- Investment Income: $913
- Program Service Revenue: $850,581
- Gross Receipts: $851,494
Assets and Liabilities:
- Total Assets: $1,135,020
- Total Liabilities: $100,045
- Net Assets: $1,034,975
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$850,581
Organization Details
Founding Year
1972
Phone
(303) 442-6380Principal Officer
Tiffany Lough
Main Address
1200 28TH STREET SUITE 100, BOULDER, CO, 80303
NTEE Category
Code: L21 - Housing
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