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Pivotal Point Transitional Housing Inc

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

EIN: 271481997 ✦ St joseph, MO ✦ Designated as a 501(c)(3)

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Overview

What is Pivotal Point Transitional Housing Inc?

Pivotal Point Transitional Housing Inc is a nonprofit organization located in St. Joseph, Missouri. They provide homeless families with a pathway to self-sufficiency through their unique approach. By offering rent-free and utility-free housing, this organization serves as a stepping stone for individuals and families in need. Additionally, they offer educational classes on budgeting, life skills, and employment, enabling their residents to gain the necessary tools to become financially and personally independent. The organization's thrift shop, a community resource, sells gently used clothing, furniture, household items, toys, and books donated by the community. With a dedicated staff of 21 individuals, Pivotal Point Transitional Housing Inc continues to make a significant impact in the lives of those it serves.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85% (Three-Star out of Four Star Rating)

Pivotal Point Transitional Housing Inc. has earned an 85% rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score is entirely derived from their financial practices, showcasing a robust governance structure with a fully independent board and strong oversight mechanisms in place. Their commitment to transparency is evident through the documentation of board meeting minutes and a clear conflict of interest policy.

The organization demonstrates effective financial management with a low liabilities to assets ratio and an impressive working capital ratio, indicating a strong financial position. Additionally, their program expense ratio suggests that a significant portion of their expenditures is directed towards programmatic activities, which is commendable. The fundraising efficiency is also notable, as they maintain low costs associated with fundraising efforts.

However, while the overall financial health is robust, there may be areas for improvement in increasing their program expense ratio slightly, as it is just below the optimal threshold. Overall, Pivotal Point Transitional Housing Inc. shows a commitment to financial integrity and strong governance, making it a reliable choice for potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is Pivotal Point Transitional Housing Inc legitimate?

Pivotal Point Transitional Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pivotal Point Transitional 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: $123,840
Professional Fundraising Fees: $0
Other Salaries and Wages: $253,450

For more financial information, click here

What is the mission statement of Pivotal Point Transitional Housing Inc?

Pivotal Point Transitional Housing Inc's mission is centered around assisting homeless families in achieving self-sufficiency. They accomplish this by offering rent-free and utility-free housing, in addition to providing educational classes on budgeting, life skills, and employment. The organization's ultimate goal is to empower these families to become independent and financially stable. The organization also operates a thrift shop, where they accept donations of gently used clothing, furniture, household items, toys, and books from the community, which are then made available for sale.

Who is the CEO of Pivotal Point Transitional Housing Inc?

Ken Siemens is the Treasurer of Pivotal Point Transitional Housing Inc.

What is the revenue of Pivotal Point Transitional Housing Inc?

Pivotal Point Transitional Housing Inc's revenue in 2022 was $2,216,446.

Who are the executives of Pivotal Point Transitional Housing Inc and what are their salaries?

The average compensation at Pivotal Point Transitional Housing Inc during 2022 was $17,966. There are 21 employees and 275 volunteers at Pivotal Point Transitional Housing Inc.


Here are 16 key members and their salaries:


Melissa Frakes (Executive Dir.)
  • Compensation: $70,000
  • Related: $0
  • Other: $0
Lisa Robinson (Housng Director)
  • Compensation: $53,840
  • Related: $0
  • Other: $0
Clark Hampton (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Freudenthal (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Siemens (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Michaud (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joey Austin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Richmond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Burnham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jody Carlson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Penland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorrie Ramseier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Van Meter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Dunn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Morrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pivotal Point Transitional Housing Inc?

Pivotal Point Transitional Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pivotal Point Transitional Housing Inc

Pivotal Point Transitional Housing Inc is committed to assisting homeless families in achieving self-sufficiency. This is accomplished through the provision of rent-free and utility-free housing, complemented by educational classes focusing on budgeting, life skills, and employment. By offering this comprehensive approach, the organization aims to empower its residents and equip them with the tools necessary to become independent and self-reliant. The organization's mission is truly transformative, providing a stepping stone for homeless families to regain control of their lives and build a stable future.

In addition to its housing and educational programs, Pivotal Point Transitional Housing Inc also operates a thrift shoppe. This community-driven initiative accepts donations of gently used clothing, furniture, household items, toys, and books, which are then made available to the public at affordable prices. This not only provides a source of income for the organization but also serves as a means of giving back to the community, making quality items accessible to those in need. The thrift shoppe is a testament to Pivotal Point Transitional Housing Inc's commitment to fostering a sense of community and shared support.

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Impact




October, 2024

Pivotal Point Transitional Housing Inc. significantly impacts the St. Joseph community by facilitating the transition of homeless families towards self-sufficiency. By offering rent-free and utility-free housing, the organization alleviates immediate financial burdens, allowing families to focus on rebuilding their lives.

Additionally, Pivotal Point provides essential classes on budgeting, life skills, and employment, equipping individuals with the tools necessary for long-term stability and success. The supportive environment fosters personal growth and empowers families to achieve independence.

Moreover, the organization operates The Thrift Shoppe, which not only offers gently used clothing, furniture, household items, toys, and books but also encourages community involvement through donations. This initiative not only supports families in need but also promotes sustainability and resourcefulness within the community. Overall, Pivotal Point plays a crucial role in transforming lives and creating a positive ripple effect throughout the region.




This information is meant to be a general summary of Pivotal Point Transitional 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.

Revenue
$2,216,446 (2022)
Expenses
$800,208 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,652
  • Program Service Revenue: $11,150
  • Gross Receipts: $2,926,995

Assets and Liabilities:

  • Total Assets: $4,229,232
  • Total Liabilities: $78,867
  • Net Assets: $4,150,365

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Programs

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

OCCUPANCY CHARGES

Revenue

$11,150

Organization Details

Founding Year

2011

Principal Officer

Ken Siemens

Main Address

PO BOX 8274, ST JOSEPH, MO, 64508

NTEE Category

Code: B90 - Education

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