Overview
What is Acres Homes Garden Inc?
Acres Homes Garden Inc, located at 2211 Norfolk Street, Houston, Texas 77098, is a nonprofit organization dedicated to providing housing solutions for individuals with disabilities. They operate under Section 811 of the National Housing Act, having entered into an agreement with the Department of Housing and Urban Development (HUD). Their primary mission is to offer suitable living accommodations to this particular group, contributing to their overall well-being and independence. The organization, known as Acres Homes Garden Apartments, is managed by a team of one dedicated individual.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
Acres Homes Garden Inc has achieved a strong Four-Star rating from Charity Navigator with an impressive score of 94%. This rating reflects the organization's commitment to accountability and finance, which is crucial for donor trust and transparency. The overall score is derived from a single beacon focused on these aspects, indicating that the charity is effectively managing its resources and operations.
The organization stands out with 100% of its board members being independent, which contributes to unbiased governance. Additionally, it has a robust set of policies in place, including conflict of interest, whistleblower protections, and document retention, all of which have earned perfect scores. The program expense ratio is also commendable at 92.34%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs.
While the data presents a favorable view of the organization, it is essential for potential donors to consider that the rating is primarily based on financial metrics. As such, while the financial health and governance are exemplary, users should look for additional qualitative information about the organization's impact and effectiveness in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Acres Homes Garden Inc legitimate?
Acres Homes Garden Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Acres Homes Garden 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: $2,200
For more financial information, click here
What is the mission statement of Acres Homes Garden Inc?
Acres Homes Garden Inc, as a organization, is committed to providing housing for individuals with disabilities, in alignment with Section 811 of the National Housing Act. This commitment is carried out under an agreement with the Department of Housing and Urban Development (HUD). The primary objective of Acres Homes Garden Inc is to offer suitable living spaces for disabled individuals, aiming to enhance their quality of life and promote their independence. The organization's activities are centered around this mission, aiming to provide a safe and supportive environment for those in need.
Who is the CEO of Acres Homes Garden Inc?
Neal Sarahan is the Director of Acres Homes Garden Inc.
What is the revenue of Acres Homes Garden Inc?
Acres Homes Garden Inc's revenue in 2022 was $76,026.
Who are the executives of Acres Homes Garden Inc and what are their salaries?
The average compensation at Acres Homes Garden Inc during 2022 was $2,200. There is 1 employee at Acres Homes Garden Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $132,026
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Acres Homes Garden Inc?
Acres Homes Garden Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Acres Homes Garden Inc
Acres Homes Garden Inc, a nonprofit organization, is dedicated to providing housing solutions for individuals with disabilities. They achieve this mission in accordance with Section 811 of the National Housing Act, through a partnership agreement with the Department of Housing and Urban Development (HUD). This commitment allows Acres Homes Garden Inc to offer suitable living arrangements for persons with disabilities, thereby contributing to their overall well-being and independence.
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Impact
August, 2024
Acres Homes Garden Inc provides essential housing to disabled individuals under Section 811 of the National Housing Act through an agreement with the Department of HUD. By offering a safe and supportive living environment for disabled persons, Acres Homes Garden Inc plays a crucial role in addressing the housing needs of this vulnerable population in Houston, TX. Their impact is significant as they contribute to improving the quality of life and promoting independent living for individuals who require specialized housing accommodations. Through their dedicated mission, Acres Homes Garden Inc helps enhance the overall well-being and inclusion of disabled individuals in the community.
This information is meant to be a general summary of Acres Homes Garden 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: $4
- Program Service Revenue: $74,592
- Gross Receipts: $76,026
Assets and Liabilities:
- Total Assets: $1,501,725
- Total Liabilities: $235,262
- Net Assets: $1,266,463
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$42,363
TENANT ASSISTANCE
Revenue
$37,590
TENANT CHARGES AND MIS
Revenue
$584
VACANCIES
Revenue
-$5,945
Organization Details
Founding Year
2009
Phone
(713) 526-9470Principal Officer
Neal Sarahan
Main Address
2211 NORFOLK STREET 614, HOUSTON, TX, 77098
NTEE Category
Code: L22 - Housing
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