Overview
What is La Paz Garden Court Inc?
La Paz Garden Court Inc is a nonprofit organization based in Indiana, specifically in Lapaz. Established under Section 202 of the National Housing Act, its primary purpose is to provide housing facilities and services, tailored to meet the physical, social, and psychological needs of elderly and handicapped individuals. The organization aims to promote their health, security, happiness, and overall well-being, with a goal of enhancing their usefulness and long living. To achieve this, La Paz Garden Court Inc has executed a regulatory agreement with the Federal Housing Administration (FHA) section of HUD and also entered into a Project Rental Assistance Contract (PRAC Contract) with HUD. This contract provides rental assistance to low-income families or individuals as part of the Section 8 program of the National Housing Act.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
La Paz Garden Court Inc has earned an overall score of 80%, reflecting a solid performance primarily in Accountability & Finance. The organization boasts a perfect score for having a majority of independent board members and an independent board size, which indicates strong governance practices. Additionally, the charity shows no material diversion of assets, ensuring that funds are used appropriately and effectively.
However, there are areas for improvement, as the organization lacks key policies such as a whistleblower policy and a document retention and destruction policy, both of which received low scores. While they have demonstrated effective financial management with a low liabilities to assets ratio and a commendable program expense ratio, these gaps in governance policies could raise concerns regarding transparency and accountability.
Overall, La Paz Garden Court Inc demonstrates strengths in financial accountability and governance structures, but the missing policies suggest a need for enhanced operational transparency. Addressing these shortcomings could further improve their rating and public confidence.
This AI summary has been generated from information found on Charity Navigator.
Is La Paz Garden Court Inc legitimate?
La Paz Garden Court Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Paz Garden Court 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: $0
For more financial information, click here
What is the mission statement of La Paz Garden Court Inc?
La Paz Garden Court Inc, a non-profit organization, was established to construct, own, and operate a 14-unit apartment community, specifically designed for elderly and handicapped individuals. The primary objective is to provide housing facilities and services that cater to their physical, social, and psychological needs, promoting their health, security, happiness, and overall well-being. To achieve this, the corporation has entered into a regulatory agreement with HUD and a Project Rental Assistance Contract (PRAC Contract) with HUD, which is a rent assistance program for low-income families as per the Section 8 program of the National Housing Act. The organization aims to ensure the long-term living of these individuals by providing them with a suitable living environment.
Who is the CEO of La Paz Garden Court Inc?
Jim Causey is the President of La Paz Garden Court Inc.
What is the revenue of La Paz Garden Court Inc?
La Paz Garden Court Inc's revenue in 2022 was $109,376.
Who are the executives of La Paz Garden Court Inc and what are their salaries?
There 15 volunteers at La Paz Garden Court Inc.
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $0
- 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
- Compensation: $0
- Related: $0
- 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
- Compensation: $0
- Related: $0
- 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
Where can I find the form 990 for La Paz Garden Court Inc?
La Paz Garden Court Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of La Paz Garden Court Inc
La Paz Garden Court Inc, a not-for-profit organization, was established with the mission to construct, own, and operate a 14-unit apartment community, known as La Paz Garden Court, in compliance with Section 202 of the National Housing Act. This community is specifically designed to cater to the needs of elderly persons and individuals with disabilities, providing them with housing facilities and services that promote their physical, social, and psychological well-being. The organization aims to enhance their health, security, happiness, and overall livability, thereby contributing to their long-term living.
To achieve this mission, La Paz Garden Court Inc has entered into a regulatory agreement with HUD's Federal Housing Administration (FHA) section, which governs the operation of the community. Furthermore, the organization has also secured a Project Rental Assistance Contract (PRAC Contract) with HUD. This contract serves as a rent assistance program for low-income families, as provided by the Section 8 program of the National Housing Act. By implementing these measures, La Paz Garden Court Inc strives to provide affordable and supportive housing for its residents, thus enhancing their quality of life.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
La Paz Garden Court Inc significantly enhances the quality of life for elderly and handicapped individuals in La Paz, Indiana, by offering specialized housing and support services tailored to their unique needs. The 14-unit apartment community facilitates a safe, secure, and nurturing environment, fostering health, happiness, and independence for its residents.
By adhering to the standards outlined in the Section 202 of the National Housing Act, La Paz Garden Court is dedicated to promoting the well-being of its residents, addressing their physical, social, and psychological requirements. The community not only provides essential housing facilities but also cultivates a sense of belonging and community among its residents, encouraging social engagement and interpersonal connections.
Furthermore, the partnership with the U.S. Department of Housing and Urban Development (HUD) through the Project Rental Assistance Contract (PRAC) ensures that rent is affordable, particularly for low-income families and individuals. This financial support dramatically reduces housing insecurity, enabling residents to maintain their dignity and quality of life.
In summary, La Paz Garden Court Inc plays a vital role in improving the living conditions and overall wellness of elderly and handicapped individuals, thus contributing positively to the broader community in La Paz, Indiana.
This information is meant to be a general summary of La Paz Garden Court 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: $20
- Program Service Revenue: $66,917
- Gross Receipts: $109,376
Assets and Liabilities:
- Total Assets: $1,167,808
- Total Liabilities: $14,940
- Net Assets: $1,152,868
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$66,917
Organization Details
Founding Year
2009
Phone
(574) 234-9923Principal Officer
Jim Causey
Main Address
PO BOX 540, SOUTH BEND, IN, 46624
NTEE Category
Code: L22 - Housing
If you are a representative of La Paz Garden Court Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.