Overview
What is Partners For Lancaster County Schools Foundation?
Partners For Lancaster County Schools Foundation is a nonprofit organization based in Irvington, Virginia. Their primary mission is to create an affordable rental apartment complex specifically for teachers and public employees, aiming to attract qualified workers to the area. To accomplish this, the foundation manages and maintains this housing complex, ensuring it remains affordable for its intended residents. The organization currently operates with a small team of one individual.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Partners For Lancaster County Schools Foundation has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization's score of 80% reflects its commitment to transparency and effective management, particularly with a perfect score for its independent board members and no material diversion of assets.
The foundation boasts a high program expense ratio of 99.53%, demonstrating that nearly all its expenditures are directed toward its mission, which is a significant strength. Additionally, its conflict of interest policy is robust, and it provides documented board meeting minutes, enhancing its accountability to stakeholders.
Despite the positive aspects, the overall rating suggests there may be areas for improvement in other operational aspects that could elevate its score further. However, the foundation's high marks in governance and fiscal responsibility provide a strong foundation for its continued impact in the education sector.
This AI summary has been generated from information found on Charity Navigator.
Is Partners For Lancaster County Schools Foundation legitimate?
Partners For Lancaster County Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Partners For Lancaster County Schools Foundation 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Partners For Lancaster County Schools Foundation?
The Partners For Lancaster County Schools Foundation's mission is centered around constructing an affordable apartment complex specifically designed for teachers and other public employees. The primary objective is to attract qualified workers to the area by providing them with reasonably priced housing options. In addition to building the complex, the foundation also manages and maintains this rental property, ensuring it remains affordable for its intended residents.
Who is the CEO of Partners For Lancaster County Schools Foundation?
Tara Booth is the Board Member of Partners For Lancaster County Schools Foundation.
What is the revenue of Partners For Lancaster County Schools Foundation?
Partners For Lancaster County Schools Foundation's revenue in 2022 was $41,770.
Who are the executives of Partners For Lancaster County Schools Foundation and what are their salaries?
There is 1 employee and 15 volunteers at Partners For Lancaster County Schools Foundation.
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Where can I find the form 990 for Partners For Lancaster County Schools Foundation?
Partners For Lancaster County Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Partners For Lancaster County Schools Foundation
Partners For Lancaster County Schools Foundation, a nonprofit organization, is on a mission to construct an affordable apartment complex. This complex is intended for teachers and other public employees, with the ultimate goal of attracting qualified professionals to the area. By providing affordable housing, the foundation aims to encourage these individuals to settle in the region, thereby enhancing the local workforce. The organization is responsible for managing and maintaining this rental apartment complex, ensuring its inhabitants have a comfortable living space.
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Impact
October, 2024
Partners For Lancaster County Schools Foundation is dedicated to addressing the housing needs of teachers and public employees in Irvington, VA. By developing an affordable apartment complex, the foundation creates a supportive environment that attracts qualified professionals to the area. This initiative not only aids in retaining talent within local schools but also bolsters the community by ensuring that essential workers can live affordably close to their places of employment. The foundation's ongoing management and maintenance of the complex further enhance its impact, promoting stability and sustainability in the workforce while fostering a sense of community well-being.
This information is meant to be a general summary of Partners For Lancaster County Schools Foundation. 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: $1,472
- Program Service Revenue: $37,370
- Gross Receipts: $45,906
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL-TEACHER & PUBLIC EMP
Revenue
$37,370
Organization Details
Founding Year
2008
Principal Officer
Tara Booth
Main Address
PO BOX 144, IRVINGTION, VA, 22480
NTEE Category
Code: L20 - Housing
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