Agape Colinas Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264622848 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is Agape Colinas Inc?

Agape Colinas Inc is a dedicated nonprofit organization situated in San Antonio, Texas. Their primary mission revolves around providing affordable housing options for low-income individuals and families. They operate two distinct apartment properties in the city, aiming to make a positive impact on the local community. This commitment to affordable housing is central to their mission and activities.

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 75% (Three-Star out of Four Star Rating)**

Agape Colinas Inc has earned a Three-Star rating from Charity Navigator, reflecting an overall score of 75%. This rating is primarily derived from their Accountability & Finance score, indicating solid financial practices, including full credit for their independent board members and the establishment of crucial oversight committees. However, the charity's rating is impacted by some missing policies, such as a whistleblower policy, and issues with their documentation on their website.

The organization has demonstrated strong financial efficiency with a high program expense ratio of over 96%, suggesting that the majority of its funds are allocated directly to its programs. While there is transparency in reported salaries, they are all listed as $0, which may raise questions about personnel compensation. The charity does not currently provide sufficient data on its impact, culture, or leadership, which limits a comprehensive assessment of its effectiveness.

Unfortunately, user reviews from GreatNonprofits could not be fetched, preventing insights into personal experiences with the organization. Overall, Agape Colinas Inc shows a commitment to financial accountability but would benefit from addressing its documentation and policy gaps to enhance its overall rating and user trust.


Is Agape Colinas Inc legitimate?

Agape Colinas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Agape Colinas 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 Agape Colinas Inc?

Agape Colinas Inc is committed to providing affordable housing options for low-income individuals and families. This non-profit organization operates in two separate apartment properties, offering a much-needed service in the housing market. Their mission revolves around making housing accessible, ensuring that those who are financially disadvantaged have a place to call home. By providing affordable housing, Agape Colinas Inc contributes to the overall well-being and stability of its residents, allowing them to focus on other aspects of their lives.

Who is the CEO of Agape Colinas Inc?

David Starr is the Director of Agape Colinas Inc.

What is the revenue of Agape Colinas Inc?

Agape Colinas Inc's revenue in 2022 was $7,573,777.

Who are the executives of Agape Colinas Inc and what are their salaries?


Here are 3 key members and their salaries:


Muthana Mohammed Attah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Shipley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Starr (President/Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Agape Colinas Inc?

Agape Colinas Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Agape Colinas Inc

Agape Colinas Inc, a nonprofit organization, is committed to providing affordable housing solutions for low-income individuals and families in Texas. Specifically, it operates two apartment properties in San Antonio, offering a much-needed residence for those who might otherwise struggle to afford housing. By offering affordable housing, Agape Colinas Inc seeks to contribute to the well-being and stability of its community members, enabling them to focus on other aspects of their lives without the added burden of housing costs.

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Impact




October, 2024

Agape Colinas Inc plays a significant role in addressing the housing needs of low-income individuals and families in San Antonio, Texas. By providing affordable housing options at two distinct apartment properties, the organization helps to alleviate the housing crisis that many residents face. This initiative not only offers shelter but also fosters a sense of community, stability, and security for those who might otherwise struggle to find safe and affordable living conditions. The impact is profound, as it enables families to build a foundation for a better future while contributing to the overall well-being of the San Antonio community. Through its commitment to affordable housing, Agape Colinas Inc is making a meaningful difference in the lives of many.




This information is meant to be a general summary of Agape Colinas 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.

Revenue
$7,573,777 (2022)
Expenses
$6,178,005 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,688
  • Program Service Revenue: $6,616,486
  • Gross Receipts: $7,573,777

Assets and Liabilities:

  • Total Assets: $30,281,808
  • Total Liabilities: $27,427,779
  • Net Assets: $2,854,029

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

APARTMENT RENTALS

Revenue

$6,616,486

Organization Details

Founding Year

2012

Principal Officer

David Starr

Main Address

7334 BLANCO ROAD STE 200, SAN ANTONIO, TX, 78216

NTEE Category

Code: L21 - Housing

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