Overview
What is Turner Affordable Housing Inc?
Turner Affordable Housing Inc is a nonprofit organization situated in Altoona, Pennsylvania, with a primary focus on offering affordable housing solutions. They specialize in providing low-income housing options to eligible individuals within a HUD (Housing and Urban Development) unit in Ebensburg, Pennsylvania. Their mission is centered around enhancing accessibility to affordable housing, thereby catering to the housing needs of those in need.
Official website here: www.improved-dwellings.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (73%)
Turner Affordable Housing Inc has received a "Needs Improvement" rating from Charity Navigator, indicating that while the organization demonstrates certain strengths, there are significant areas requiring attention. The organization has a robust accountability framework, with 100% independent board members and no material diversion of assets, suggesting a commitment to proper governance and financial integrity.
However, the organization falls short in critical areas such as the absence of a conflict of interest policy and a whistleblower policy, which raises concerns about transparency and internal oversight. Additionally, the liability to assets ratio is alarmingly high at 198.72%, indicating potential financial instability. Despite these issues, the program expense ratio is commendable at 90.82%, reflecting a focus on delivering services effectively.
Overall, while Turner Affordable Housing Inc shows a commitment to its mission through significant program spending, the lack of essential policies and high liabilities point to the need for improvement in governance and financial management. It would be beneficial for the organization to address these shortcomings to enhance its operational effectiveness and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Turner Affordable Housing Inc legitimate?
Turner Affordable Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Turner Affordable Housing 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: $66,883
For more financial information, click here
Official website here: www.improved-dwellings.org
What is the mission statement of Turner Affordable Housing Inc?
Turner Affordable Housing Inc's mission is centered around providing affordable housing options for qualifying individuals. This organization strives to make a positive impact by offering low-income housing solutions. Although the specific location is not mentioned, it is operated within a HUD unit, demonstrating a commitment to serving the community's needs in this regard. By providing affordable housing, Turner Affordable Housing Inc aims to contribute to a more inclusive and equitable living environment for those in need.
Official website here: www.improved-dwellings.org
Who is the CEO of Turner Affordable Housing Inc?
Terri Kodgis is the President of Turner Affordable Housing Inc.
Official website here: www.improved-dwellings.org
What is the revenue of Turner Affordable Housing Inc?
Turner Affordable Housing Inc's revenue in 2023 was $520,952.
Official website here: www.improved-dwellings.org
Who are the executives of Turner Affordable Housing Inc and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.improved-dwellings.org
Where can I find the form 990 for Turner Affordable Housing Inc?
Turner Affordable Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.improved-dwellings.org
Learn more at the official website: www.improved-dwellings.org
Mission Statement of Turner Affordable Housing Inc
Turner Affordable Housing Inc, as a nonprofit organization, is committed to providing low-income housing options for qualified individuals. Located in an HUD unit, this organization's mission is to make affordable housing accessible to those in need. By establishing a presence in a community, such as Altoona, PA, Turner Affordable Housing Inc aims to contribute to a more inclusive housing landscape. Their mission is centered around the belief that everyone deserves a safe and affordable place to call home, regardless of their income level.
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Impact
July, 2024
Turner Affordable Housing Inc provides low-income housing to qualified individuals in a HUD unit in Ebensburg, PA. They are located in Altoona, PA and their mission is to offer affordable housing options to those in need. Their impact is directly seen in the lives of individuals who would otherwise struggle to find suitable housing within their means. By providing this essential service, Turner Affordable Housing Inc plays a crucial role in addressing the issue of housing insecurity among low-income individuals in the community.
This information is meant to be a general summary of Turner Affordable Housing 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: $250
- Program Service Revenue: $232,020
- Gross Receipts: $520,952
Assets and Liabilities:
- Total Assets: $1,164,184
- Total Liabilities: $2,313,491
- Net Assets: -$1,149,307
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME APARTMEN
Revenue
$236,032
VACANCIES
Revenue
-$4,012
Organization Details
Founding Year
2009
Phone
(814) 944-9466Principal Officer
Terri Kodgis
Main Address
PO BOX 592, ALTOONA, PA, 16603
Website
www.improved-dwellings.orgNTEE Category
Code: L20 - Housing
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