Overview
What is Trinity Housing Resources Inc?
Trinity Housing Resources Inc, a nonprofit organization situated in West Allis, Wisconsin, specifically at 901 S 70TH STREET, offers 24 housing units for individuals with low income. The organization's primary mission is to provide affordable housing, which is supported by various non-profit entities. This support benefits diverse groups, including those who are visually impaired, such as the blind and deaf-blind, the hard-of-hearing, the elderly, individuals recovering from mental illness, and others in need. Trinity Housing Resources Inc is committed to enhancing the living conditions of its constituents in a supportive and inclusive manner.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating
Trinity Housing Resources Inc has achieved a commendable score of 80%, reflecting its commitment to accountability and financial management. The rating is based entirely on a single beacon score, which emphasizes the organization's strong performance in financial transparency and governance. Notably, the charity boasts a fully independent board, ensuring that decisions are made without conflicts of interest.
The organization demonstrates impressive financial efficiency, with a program expense ratio of 90.57%, indicating that a significant portion of its resources is devoted to its core mission. Furthermore, the absence of asset diversion and the presence of a conflict of interest policy contribute positively to its accountability framework. The documentation practices of the organization, including the maintenance of board meeting minutes, are also well-handled.
However, while the organization holds strong in many areas, its liabilities to assets ratio of 58.73% may be a point of concern, suggesting potential financial leverage. Overall, Trinity Housing Resources Inc displays solid financial health, but stakeholders may wish to monitor its liabilities closely as part of their ongoing assessment.
This AI summary has been generated from information found on Charity Navigator.
Is Trinity Housing Resources Inc legitimate?
Trinity Housing Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trinity Housing Resources 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: $24,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Trinity Housing Resources Inc?
Trinity Housing Resources Inc is committed to providing affordable housing for individuals who require support, including the visually impaired, deaf-blind, hard-of-hearing, seniors, those recovering from mental illness, and others in need. The organization operates under the umbrella of non-profit entities, aiming to improve the living conditions of its constituents. Trinity Housing Resources Inc offers 24 units of housing in Mount Pleasant, Iowa, as part of its mission to make housing accessible for those who may not be able to afford it otherwise. The organization's primary goal is to enhance the lives of its residents by providing them with a safe and stable living environment.
Who is the CEO of Trinity Housing Resources Inc?
Eugene Manzanet Phd is the President/Treasurer of Trinity Housing Resources Inc.
What is the revenue of Trinity Housing Resources Inc?
Trinity Housing Resources Inc's revenue in 2022 was $459,350.
Who are the executives of Trinity Housing Resources Inc and what are their salaries?
There 3 volunteers at Trinity Housing Resources Inc.
Here are 3 key members and their salaries:
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
Where can I find the form 990 for Trinity Housing Resources Inc?
Trinity Housing Resources Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Trinity Housing Resources Inc
Trinity Housing Resources, Inc., a non-profit organization, is committed to providing affordable housing for individuals in need. This includes the blind, deaf-blind, hard-of-hearing, seniors, individuals recovering from mental illness, and other vulnerable populations. The organization's mission is to support these constituents through housing that is backed by various non-profit entities. By doing so, Trinity Housing Resources, Inc. aims to positively impact the lives of those it serves.
In practice, Trinity Housing Resources, Inc. currently offers 24 units of housing in Mount Pleasant, Iowa. However, the scope of their work extends beyond just providing housing. The organization's mission is deeply rooted in the belief that affordable housing is a fundamental right for all, regardless of their specific challenges or circumstances. By offering housing, Trinity Housing Resources, Inc. is able to contribute to the well-being and stability of its residents, thereby enabling them to focus on other aspects of their lives.
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Impact
July, 2024
Trinity Housing Resources Inc's impact lies in providing essential housing support for low-income individuals, including the blind, deaf-blind, hard-of-hearing, seniors, persons recovering from mental illness, and others in need. With a focus on offering affordable housing in Mount Pleasant, Iowa, Trinity Housing Resources Inc plays a crucial role in ensuring that vulnerable populations have access to safe and stable housing options. By offering 24 units specifically designed for low-income individuals, the organization contributes towards addressing the pressing need for housing solutions within the community.
This information is meant to be a general summary of Trinity Housing Resources 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: $155,873
- Program Service Revenue: $126,294
- Gross Receipts: $459,350
Assets and Liabilities:
- Total Assets: $4,732,341
- Total Liabilities: $2,779,659
- Net Assets: $1,952,682
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$122,883
Organization Details
Founding Year
2007
Phone
(414) 727-9902Principal Officer
Eugene Manzanet Phd
Main Address
901 S 70TH STREET, WEST ALLIS, WI, 53214
NTEE Category
Code: L30 - Housing
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