Overview
What is Portfolio Resident Services Inc?
Portfolio Resident Services Inc., a 501(c)(3) nonprofit organization, is dedicated to enhancing the lives of families, individuals, and seniors residing in affordable housing communities. This includes low to moderate-income apartment complexes. By strategically designing, implementing, and managing programs, Portfolio Resident Services proactively supports residents in the short and long term. The organization strives to surpass Local Rent Accommodation Administration (LURA) requirements, fostering a sense of community within the properties they serve. In doing so, they aim to reduce expenses and stabilize occupancy, ultimately improving overall cash flow. Portfolio Resident Services' mission revolves around providing high-quality social assistance, with a specific focus on enhancing the cultural and family standards of the low-income residents they serve.
Is Portfolio Resident Services Inc legitimate?
Portfolio Resident Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Portfolio Resident Services 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: $5,940,867
For more financial information, click here
What is the mission statement of Portfolio Resident Services Inc?
Portfolio Resident Services Inc, as a non-profit organization, is committed to providing quality social assistance to low-income residents. Their mission includes designing and implementing programs aimed at raising the cultural and family standards of these individuals. By doing so, they aim to improve the lives of the families and individuals living in affordable housing communities. Their efforts are not limited to meeting LURA requirements but extend to fostering a sense of community within the properties they serve, thereby reducing expenses and stabilizing occupancy.
Who is the CEO of Portfolio Resident Services Inc?
Jot Couch Jr is the Presdient of Portfolio Resident Services Inc.
What is the revenue of Portfolio Resident Services Inc?
Portfolio Resident Services Inc's revenue in 2022 was $6,964,845.
Who are the executives of Portfolio Resident Services Inc and what are their salaries?
Here are 10 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: $139,605
- Related: $0
- Other: $0
- Compensation: $135,603
- Related: $0
- Other: $0
- Compensation: $116,856
- Related: $0
- Other: $0
Where can I find the form 990 for Portfolio Resident Services Inc?
Portfolio Resident Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Portfolio Resident Services Inc
Portfolio Resident Services Inc, a 501(c)(3) non-profit organization, is dedicated to enhancing the lives of low-income families, individuals, and seniors residing in affordable housing communities. Their mission is to provide quality social assistance, going beyond simply meeting requirements. They design and implement programs aimed at raising the cultural and family standards of their residents. By proactively assisting them in both the short and long term, Portfolio Resident Services Inc strives to build a sense of community within the properties it serves. This approach not only helps reduce expenses and stabilize occupancy but also contributes to a higher overall cash flow for the organization.
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
Portfolio Resident Services Inc. significantly enhances the quality of life for families, individuals, and seniors residing in affordable apartment communities. By implementing targeted programs, PRS plays a crucial role in elevating cultural and family standards, ultimately fostering stronger community bonds.
The organization focuses on both immediate and long-term needs of residents, offering a range of services designed to address challenges faced by low- to moderate-income individuals. This proactive approach not only supports residents in achieving their personal and family goals but also contributes to the overall health of the communities they serve.
By emphasizing community building, PRS helps to create a stable environment that benefits all residents, resulting in improved occupancy rates and reduced operating expenses for property management. This dual focus on resident well-being and property sustainability produces a win-win scenario, ensuring that affordable housing remains a viable option for those in need.
This information is meant to be a general summary of Portfolio Resident Services 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: $13,012
- Program Service Revenue: $6,739,642
- Gross Receipts: $6,964,845
Assets and Liabilities:
- Total Assets: $2,992,950
- Total Liabilities: $409,890
- Net Assets: $2,583,060
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.
RESIDENT SERVICE FEES
Revenue
$6,739,642
Organization Details
Founding Year
2009
Phone
(713) 526-6634Principal Officer
Jot Couch Jr
Main Address
3701 KIRBY DRIVE SUITE 860, HOUSTON, TX, 77098
NTEE Category
Code: P20 - Human services
If you are a representative of Portfolio Resident Services 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.