Overview
What is Building Partners For Affordable Housing?
Building Partners for Affordable Housing is a nonprofit organization situated in Bend, Oregon. Their mission is to offer viable housing solutions for working families in the Central Oregon region, ensuring their safety and affordability. This involves purchasing and developing land to construct residences that cater to this demographic's needs. By initiating and providing opportunities for affordable housing, Building Partners for Affordable Housing also actively contributes to the revitalization and development of their local communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star Rating
Building Partners for Affordable Housing has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The charity's overall score is derived from a comprehensive evaluation, where it scored particularly well in several key areas, including having a fully independent board and a solid conflict of interest policy. The lack of material diversion of assets further reinforces its credibility and operational integrity.
The organization demonstrates effective financial management with a liability-to-assets ratio of 35.63% and a program expense ratio of 67.08%. These metrics indicate that a significant portion of its funds is directed towards its mission-driven programs rather than administrative costs. Such financial discipline enhances stakeholder confidence in its operations and effectiveness.
However, while the organization excels in several areas, the program expense ratio could suggest that there is room for improvement, as a higher percentage might indicate even more funds being utilized directly for program services. Overall, the strong accountability indicators position Building Partners for Affordable Housing as a trustworthy nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Building Partners For Affordable Housing legitimate?
Building Partners For Affordable Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Building Partners For Affordable Housing 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 Building Partners For Affordable Housing?
Building Partners for Affordable Housing aims to facilitate opportunities for work-force families in an unspecified location to reside in secure, reasonably priced housing. Their mission extends beyond this, as they also strive to initiate and provide chances for residents to live in affordable housing, and contribute to the development, preservation, and revitalization of their communities. The organization achieves this by acquiring and developing land for the construction of affordable houses.
Who is the CEO of Building Partners For Affordable Housing?
Tim Knopp is the President of Building Partners For Affordable Housing.
What is the revenue of Building Partners For Affordable Housing?
Building Partners For Affordable Housing's revenue in 2022 was $7,496.
Who are the executives of Building Partners For Affordable Housing and what are their salaries?
There 10 volunteers at Building Partners For Affordable Housing.
Here are 7 key members and their salaries:
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- Other: $0
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- Other: $0
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- Related: $126,954
- Other: $6,925
- Compensation: $0
- Related: $112,250
- Other: $9,624
Where can I find the form 990 for Building Partners For Affordable Housing?
Building Partners For Affordable Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Building Partners For Affordable Housing
Building Partners for Affordable Housing is committed to providing opportunities for workforce families in Central Oregon to reside in safe and affordable housing. Their mission extends beyond merely providing housing; they also aim to contribute to the development, preservation, and revitalization of their communities. This nonprofit organization initiates and facilitates the purchase and development of land for the construction of affordable houses, demonstrating their dedication to improving the living conditions of Central Oregon residents.
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Impact
August, 2024
Building Partners For Affordable Housing's impact can be seen in the tangible opportunities it provides for work-force families in Central Oregon to access safe and affordable housing. Through its initiatives, this organization plays a vital role in the development, preservation, and revitalization of communities in Bend, OR. By purchasing and developing land for affordable houses, Building Partners For Affordable Housing directly addresses the pressing need for accessible housing options, contributing to the overall well-being of residents in the region.
This information is meant to be a general summary of Building Partners For Affordable Housing. 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.
- Gross Receipts: $7,496
Assets and Liabilities:
- Total Assets: $1,262,761
- Total Liabilities: $450,000
- Net Assets: $812,761
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Organization Details
Founding Year
2007
Phone
(541) 389-1058Principal Officer
Tim Knopp
Main Address
1051 NE 4TH STREET, BEND, OR, 97701
NTEE Category
Code: L80 - Housing
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