Overview
What is Spruce Place Inc?
Spruce Place Inc is a nonprofit organization situated in Beaverton, Oregon, specializing in housing solutions for mentally disabled adults. Established under the national affordable housing act of 1990, specifically section 811, this 15-unit complex provides a secure and supportive living environment for these individuals. The organization's main mission is to offer housing, ensuring the well-being and independence of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Spruce Place Inc has received a solid Three-Star rating, reflecting an 81% score based entirely on Accountability & Finance metrics. This rating indicates that the organization demonstrates a commendable level of transparency and financial responsibility. Notably, the charity has a fully independent board, strong policies in place, and effective documentation of board activities.
The organization excels in several areas, including a perfect Program Expense Ratio of 100%, which suggests that all funds are being directed towards its programs. Additionally, there are no reported issues concerning the diversion of assets, showcasing sound financial practices. The Accountability & Finance score also highlights key governance features, such as a conflict of interest policy and a whistleblower policy, both of which are up to standard.
However, one point of concern is the liabilities to assets ratio, which stands at 58.26%. While this is not alarming, it does indicate that there are some financial obligations that need to be managed carefully. Overall, Spruce Place Inc appears to be a transparent and accountable organization, but potential donors may want to consider its financial ratios before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Spruce Place Inc legitimate?
Spruce Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spruce Place 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 Spruce Place Inc?
Spruce Place Inc, as an organization, is dedicated to providing housing for adults with mental disabilities. This mission is carried out through the operation of a 15-unit complex, constructed under Section 811 of the National Affordable Housing Act of 1990. The primary goal is to offer a living space that caters specifically to this group of individuals, thereby addressing their unique housing needs. The organization's activities are guided by the national law, which aims to ensure affordable housing options for such populations.
Who is the CEO of Spruce Place Inc?
Marcia Hille is the Executive Di of Spruce Place Inc.
What is the revenue of Spruce Place Inc?
Spruce Place Inc's revenue in 2023 was $131,576.
Who are the executives of Spruce Place Inc and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $168,757
- Other: $23,387
- 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 Spruce Place Inc?
Spruce Place Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Spruce Place Inc
Spruce Place Inc, a nonprofit organization, is devoted to providing housing for mentally disabled adults. Established under the national affordable housing act of 1990, specifically section 811, this organization operates a 15-unit complex. Spruce Place Inc's mission is to offer a safe and supportive living environment for individuals who may struggle with mental disabilities, ensuring they have access to a stable and comfortable residence. The organization's work is instrumental in empowering these adults, contributing to their overall well-being and independence.
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
Spruce Place Inc significantly impacts the community by providing stable housing for mentally disabled adults in Beaverton, OR. By offering a 15-unit housing complex, it addresses a critical need for accessible and supportive living environments tailored for individuals with mental disabilities. This creates a sense of community and belonging, which is essential for personal development and well-being.
The facility is built and managed under the guidelines of the national affordable housing act of 1990, ensuring that residents have not only a safe place to live but also access to essential resources and support services. This fostering of independence and stability allows residents to thrive, improving their quality of life and contributing positively to the broader community. Furthermore, it promotes inclusivity and awareness surrounding mental health issues, advocating for the dignity and rights of those it serves.
This information is meant to be a general summary of Spruce Place 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 2023.
- Investment Income: $7
- Program Service Revenue: $40,034
- Gross Receipts: $131,576
Assets and Liabilities:
- Total Assets: $2,106,825
- Total Liabilities: $1,227,530
- Net Assets: $879,295
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.
TENANT RENTS
Revenue
$38,713
LAUNDRY & VENDING
Revenue
$1,321
Organization Details
Founding Year
2009
Phone
(503) 591-9280Principal Officer
Marcia Hille
Main Address
4585 SW 185TH AVENUE, BEAVERTON, OR, 970781557
NTEE Category
Code: L21 - Housing
If you are a representative of Spruce Place 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.