Overview
What is Tri-County Hdc Ltd?
Tri-County HDC Ltd is a nonprofit organization situated in Harrisburg, Pennsylvania, specifically at 201 N Front Street 1st Floor, with a compact team of just two employees. Their primary mission is to cater to the housing needs of low-to-moderate income families and individuals, extending their services across Cumberland, Dauphin, and Perry counties. By developing, producing, promoting, and maintaining affordable housing units, Tri-County HDC Ltd aims to support the self-sufficiency of its clients, thereby enhancing their overall quality of life in urban, suburban, and rural areas of these counties. In addition to providing housing, the organization strives to offer supportive services that bolster the success of their affordable housing initiatives.
Official website here: www.tchdc.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. Overall Score: 65%, earning a Two-Star out of Four Star rating. The rating reflects areas of strength as well as significant weaknesses in accountability and financial practices. Notably, the organization excels in having a majority of independent board members, an appropriate board size, and strong program expenses dedicated to its mission.
However, Tri-County Hdc Ltd has notable shortcomings in financial oversight and transparency. The organization received no points for having its financial statements reviewed or compiled, lacking a whistleblower policy, and failing to post its tax form on its website. This raises concerns about financial management practices, which could affect donor trust.
While the program expense ratio is commendable at 85.10%, indicating a strong commitment to its programs, the liabilities to assets ratio reveals potential financial risk. Overall, while Tri-County Hdc Ltd demonstrates dedication to its mission, significant improvements in financial accountability and transparency are needed to bolster its reputation and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Tri-County Hdc Ltd legitimate?
Tri-County Hdc Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tri-County Hdc Ltd 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: $60,967
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,609
For more financial information, click here
Official website here: www.tchdc.net
What is the mission statement of Tri-County Hdc Ltd?
Tri-County Hdc Ltd's primary mission is to develop, produce, promote, and maintain affordable housing for low and moderate income individuals in urban, suburban, and rural areas across Dauphin, Cumberland, and Perry Counties. Additionally, the organization strives to foster supportive services designed to enhance the self-sufficiency of its clients, thereby contributing to the success of its affordable housing initiatives.
Official website here: www.tchdc.net
Who is the CEO of Tri-County Hdc Ltd?
Gary E Lenker is the Executive Di of Tri-County Hdc Ltd.
Official website here: www.tchdc.net
What is the revenue of Tri-County Hdc Ltd?
Tri-County Hdc Ltd's revenue in 2022 was $597,772.
Official website here: www.tchdc.net
Who are the executives of Tri-County Hdc Ltd and what are their salaries?
The average compensation at Tri-County Hdc Ltd during 2022 was $53,288. There are 2 employees at Tri-County Hdc Ltd.
Here are 19 key members and their salaries:
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Official website here: www.tchdc.net
Where can I find the form 990 for Tri-County Hdc Ltd?
Tri-County Hdc Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tchdc.net
Learn more at the official website: www.tchdc.net
Mission Statement of Tri-County Hdc Ltd
Tri-County HDC Ltd is dedicated to its primary mission of creating, facilitating, providing, and administering affordable housing programs for low-to-moderate income families and individuals in Cumberland, Dauphin, and Perry Counties. By developing, producing, promoting, and maintaining affordable housing in urban, suburban, and rural areas, this organization aims to support the housing needs of a diverse population. Additionally, Tri-County HDC Ltd strives to foster supportive services designed to enhance the self-sufficiency of its clients, thereby contributing to the success of its affordable housing initiatives. Overall, Tri-County HDC Ltd works tirelessly to improve the living conditions and promote independence for low and moderate income individuals within its service area.
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Impact
July, 2024
Tri-County Hdc Ltd's impact is significant in addressing the housing needs of low-to-moderate-income families and individuals in Cumberland, Dauphin, and Perry counties. The organization plays a crucial role in creating, facilitating, providing for, and administering housing programs that aim to improve the quality of life for these underserved populations. By focusing on developing, producing, promoting, and maintaining affordable housing in both urban, suburban, and rural areas within its service region, Tri-County Hdc Ltd is actively working towards enhancing self-sufficiency and promoting a sense of stability for its clients. The organization's commitment to fostering supportive services further contributes to its effectiveness in helping individuals and families achieve sustainable housing solutions.
This information is meant to be a general summary of Tri-County Hdc Ltd. 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: $6,181
- Program Service Revenue: -$55,769
- Gross Receipts: $604,572
Assets and Liabilities:
- Total Assets: $4,760,233
- Total Liabilities: $3,529,385
- Net Assets: $1,230,848
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME BUYER COUNSELING REVENUE
Revenue
$10,571
DEVELOPER & MANAGEMENT FEE
Revenue
$4,473
LOSS ON PARTNERSHIP INVESTMEN
Revenue
-$70,813
Organization Details
Founding Year
1990
Phone
(717) 231-3604Principal Officer
Gary E Lenker
Main Address
201 N FRONT STREET 1ST FLOOR, HARRISBURG, PA, 17101
Website
www.tchdc.netNTEE Category
Code: L20 - Housing
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