Overview
What is Proclaim Liberty Inc C/O Schoedel & Schoedel?
Proclaim Liberty Inc C/O Schoedel & Schoedel is a nonprofit organization that manages a low-income housing project, certified by the U.S. Department of Housing and Urban Development (HUD). Situated in Spokane, Washington, the project provides 48 units for individuals who meet the specified low-income criteria. The organization's primary mission is to offer affordable housing options, contributing to the local community by ensuring that low-income residents have access to suitable living spaces.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
Proclaim Liberty Inc has received a low score of 56%, resulting in a One-Star rating, primarily reflecting concerns regarding its accountability and financial transparency. The overall score is derived exclusively from a single beacon focused on Accountability & Finance, indicating a significant lack of critical financial documentation, which adversely affects its standing.
The organization does demonstrate some strengths, including having a fully independent board with 100% independent members and maintaining a strong program expense ratio of 100%. Additionally, the charity has no reported material diversions of assets, which indicates a level of financial integrity in that aspect. Furthermore, the presence of a conflict of interest policy adds to its governance structure.
However, the absence of essential financial statements and missing documents on its website raise substantial red flags. The lack of a whistleblower policy and document retention procedures further highlight deficiencies in organizational practices. These limitations may hinder potential donors' trust and willingness to support the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Proclaim Liberty Inc C/O Schoedel & Schoedel legitimate?
Proclaim Liberty Inc C/O Schoedel & Schoedel is a legitimate nonprofit organization registered as a 501(c)(3) entity. Proclaim Liberty Inc C/O Schoedel & Schoedel 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: $55,570
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What is the mission statement of Proclaim Liberty Inc C/O Schoedel & Schoedel?
Proclaim Liberty Inc, as an organization, is committed to providing low-income housing solutions. They operate a project certified by the U.S. Department of HUD, offering 48 units to individuals who meet the specified income criteria. The primary objective of Proclaim Liberty Inc is to provide affordable housing options, thereby contributing to the well-being of those in financial need. The organization's activities are geared towards ensuring that individuals who fall under the low-income bracket have access to decent housing facilities.
Who is the CEO of Proclaim Liberty Inc C/O Schoedel & Schoedel?
Brian Grow is the Director of Proclaim Liberty Inc C/O Schoedel & Schoedel.
What is the revenue of Proclaim Liberty Inc C/O Schoedel & Schoedel?
Proclaim Liberty Inc C/O Schoedel & Schoedel's revenue in 2022 was $756,778.
Who are the executives of Proclaim Liberty Inc C/O Schoedel & Schoedel and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Proclaim Liberty Inc C/O Schoedel & Schoedel?
Proclaim Liberty Inc C/O Schoedel & Schoedel's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Proclaim Liberty Inc C/O Schoedel & Schoedel
Proclaim Liberty Inc C/O Schoedel & Schoedel is dedicated to providing low-income housing solutions. This nonprofit organization operates a housing project that is certified under the U.S. Department of HUD. The project offers 48 units, catering to tenants who meet the specified low-income guidelines. By doing so, Proclaim Liberty Inc C/O Schoedel & Schoedel contributes to making affordable housing a reality for those in need.
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Impact
October, 2024
Proclaim Liberty Inc C/O Schoedel & Schoedel significantly impacts the Spokane community by providing affordable housing solutions for low-income individuals and families. By operating a low-income housing project certified under the U.S. Department of Housing and Urban Development (HUD), they ensure that 48 units are available to tenants who meet specific income guidelines. This initiative helps to address the pressing need for safe and stable housing in the area, promoting greater economic stability and quality of life for residents.
The availability of these units contributes to reducing homelessness and housing insecurity, allowing residents to focus on other important aspects of their lives, such as education, employment, and health. By fostering a supportive living environment, Proclaim Liberty plays a vital role in enhancing community well-being and economic diversity in Spokane. Their efforts not only provide shelter but also empower individuals, helping them to build a foundation for a brighter future.
This information is meant to be a general summary of Proclaim Liberty Inc C/O Schoedel & Schoedel. 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: $29
- Program Service Revenue: $290,901
- Gross Receipts: $756,778
Assets and Liabilities:
- Total Assets: $7,393,523
- Total Liabilities: $5,664,947
- Net Assets: $1,728,576
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS
Revenue
$285,538
LAUNDRY AND TENANT CHA
Revenue
$5,363
Organization Details
Founding Year
1971
Phone
(509) 755-7539Principal Officer
Brian Grow
Main Address
422 W RIVERSIDE 1420, SPOKANE, WA, 992010395
NTEE Category
Code: L21Z - Housing
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