Overview
What is A Partnership In Housing Inc?
A Partnership In Housing Inc, located in Smethport, Pennsylvania, is a nonprofit organization dedicated to providing affordable and decent housing solutions for low and moderate-income residents of McKean County. Over the course of a year, they offer 1,157 rental units to meet this need. Their mission is deeply rooted in ensuring the wellbeing of their community, prioritizing safety and affordability in the housing they provide.
Official website here: www.mckeancountyhousing.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
A Partnership In Housing Inc has demonstrated solid accountability and financial health, earning an overall score of 88% and a Three-Star rating from Charity Navigator. This rating reflects a strong performance in financial practices, with a notable 86.09% of its expenses directed toward its programs, signifying a commitment to its mission. The organization has maintained a majority of independent board members, which is a positive indicator of governance.
The nonprofit's financial statements are audited, and there are no reported issues regarding material diversion of assets. However, it is important to note that the organization lacks a conflict of interest policy and a whistleblower policy, which may raise concerns regarding internal governance practices. These areas could benefit from improvement to enhance transparency and accountability.
Overall, A Partnership In Housing Inc demonstrates a robust financial structure and effective use of resources, but addressing the noted governance policy gaps could further strengthen its operational integrity and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is A Partnership In Housing Inc legitimate?
A Partnership In Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. A Partnership In Housing 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $404,089
For more financial information, click here
Official website here: www.mckeancountyhousing.com/
What is the mission statement of A Partnership In Housing Inc?
A Partnership In Housing Inc is committed to providing affordable, safe, and decent housing solutions for individuals with moderate to low income. Their mission is to make a positive impact in the housing sector, ensuring that everyone has access to a suitable living environment. The organization's primary focus is on serving the residents of a specific region, providing a total of 1,157 rental units during the year ending September 30, 2022. By offering affordable housing, they strive to enhance the quality of life for those in need, promoting a sense of community and security.
Official website here: www.mckeancountyhousing.com/
Who is the CEO of A Partnership In Housing Inc?
Alcherrie Williams is the Executive Director of A Partnership In Housing Inc.
Official website here: www.mckeancountyhousing.com/
What is the revenue of A Partnership In Housing Inc?
A Partnership In Housing Inc's revenue in 2022 was $1,320,223.
Official website here: www.mckeancountyhousing.com/
Who are the executives of A Partnership In Housing Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $100,968
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mckeancountyhousing.com/
Where can I find the form 990 for A Partnership In Housing Inc?
A Partnership In Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mckeancountyhousing.com/
Learn more at the official website: www.mckeancountyhousing.com/
Mission Statement of A Partnership In Housing Inc
A Partnership in Housing, as an organization, is committed to a mission that prioritizes providing affordable, safe, and decent housing to individuals and families in the income bracket of low and moderate earners residing in McKean County, Pennsylvania. This nonprofit's primary goal is to address the housing needs of this specific demographic, ensuring they have access to suitable living environments. By the end of September 30, 2022, A Partnership in Housing had successfully provided 1,157 units of rental housing to meet this objective.
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Impact
October, 2024
A Partnership In Housing Inc significantly enhances the quality of life for low and moderate income residents of McKean County, PA, through its commitment to providing affordable, safe, and decent housing. By offering 1,157 rental units, this organization directly addresses the critical need for accessible housing options, ensuring that individuals and families have stable living conditions.
The impact of A Partnership In Housing is multifaceted. It not only helps to alleviate homelessness and housing insecurity but also fosters community stability and growth. Residents benefit from the security of safe housing, which can lead to improved health outcomes, increased educational opportunities, and enhanced overall well-being. Moreover, by focusing on the needs of low and moderate income individuals, the organization plays a vital role in promoting economic equity within McKean County.
Through its programs, A Partnership In Housing Inc serves as a crucial resource for the community, contributing to the creation of a healthier, more sustainable living environment for its residents.
This information is meant to be a general summary of A Partnership In Housing 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: $10,766
- Program Service Revenue: $956,531
- Gross Receipts: $1,320,223
Assets and Liabilities:
- Total Assets: $7,751,852
- Total Liabilities: $880,155
- Net Assets: $6,871,697
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tenant Rent
Revenue
$500,216
Rental Subsidy
Revenue
$456,315
Organization Details
Founding Year
1998
Phone
(814) 887-5563Principal Officer
Alcherrie Williams
Main Address
415 W Main Street, Smethport, PA, 16749
Website
www.mckeancountyhousing.com/NTEE Category
Code: L21 - Housing
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