Overview
What is Curwensville Housing Corp?
Curwensville Housing Corp is a nonprofit organization situated in the rural area of Clearfield, Pennsylvania. The primary mission of this organization is to provide subsidized housing to low-income elderly residents, collaborating with the U.S. Department of H.U.D. They operate a property consisting of 36 units, aiming to provide a suitable living space for the elderly population in need. The organization's work is dedicated to improving the living conditions and supporting the elderly community in the area.
Official website here: www.cpcaa.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, Two-Star out of Four Star Rating
Curwensville Housing Corp has received a Two-Star rating from Charity Navigator, indicating an overall score of 68%. This rating reflects strengths in board independence and governance, with a perfect score for having an entirely independent board and a material diversion of assets noted as nonexistent. Additionally, the organization has performed well in program expenses, demonstrating a commitment to allocating funds directly towards its mission.
However, the organization faces significant limitations in its accountability and finance practices. Notably, it lacks essential policies such as a conflict of interest policy and a whistleblower policy, which are critical for transparency and ethical governance. Furthermore, the liabilities to assets ratio is concerning, recorded at 146.02%, which suggests a potential issue with financial stability that may warrant further scrutiny.
Overall, while Curwensville Housing Corp shows promise through its governance structure and program expense allocation, the absence of key policies and the concerning financial ratios highlight areas for improvement that could enhance its rating and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Curwensville Housing Corp legitimate?
Curwensville Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Curwensville Housing Corp 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: $73,763
For more financial information, click here
Official website here: www.cpcaa.net
What is the mission statement of Curwensville Housing Corp?
Curwensville Housing Corp, as a organization, is dedicated to providing subsidized housing for low-income elderly residents in a rural area. This mission is carried out in collaboration with the U.S. Department of H.U.D. The corporation manages a property consisting of 36 units, serving as a vital resource for this specific demographic. The corporation's primary goal is to contribute to the well-being and housing stability of its residents, thereby improving their quality of life.
Official website here: www.cpcaa.net
Who is the CEO of Curwensville Housing Corp?
Michelle Stiner is the Director of Curwensville Housing Corp.
Official website here: www.cpcaa.net
What is the revenue of Curwensville Housing Corp?
Curwensville Housing Corp's revenue in 2023 was $461,912.
Official website here: www.cpcaa.net
Who are the executives of Curwensville Housing Corp and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.cpcaa.net
Where can I find the form 990 for Curwensville Housing Corp?
Curwensville Housing Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cpcaa.net
Learn more at the official website: www.cpcaa.net
Mission Statement of Curwensville Housing Corp
Curwensville Housing Corp is dedicated to providing subsidized housing for low-income elderly residents in a rural area. This nonprofit organization collaborates with the U.S. Department of H.U.D. to offer a housing solution for this specific demographic. The property under Curwensville Housing Corp's management consists of 36 units, providing a much-needed living space for these individuals. By offering subsidized housing, this organization aims to contribute to the well-being and comfort of the elderly community, ensuring they have a secure and suitable place to call home.
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Impact
July, 2024
Curwensville Housing Corp's impact is vital in providing subsidized housing to low-income elderly residents in a rural area. With 36 units under its management in Clearfield, PA, this organization plays a crucial role in ensuring that this vulnerable demographic has access to safe and affordable housing. By collaborating with the U.S. Department of Housing and Urban Development (HUD), Curwensville Housing Corp helps address the housing needs of the elderly population, contributing to their well-being and quality of life.
This information is meant to be a general summary of Curwensville Housing Corp. 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: $298
- Program Service Revenue: $451,838
- Gross Receipts: $461,912
Assets and Liabilities:
- Total Assets: $930,496
- Total Liabilities: $1,358,731
- Net Assets: -$428,235
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$451,838
Organization Details
Founding Year
1987
Phone
(814) 765-1551Principal Officer
Michelle Stiner
Main Address
PO BOX 792, CLEARFIELD, PA, 16830
Website
www.cpcaa.netNTEE Category
Code: L210 - Housing
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