Overview
What is Chariton Valley Regional Housing Trust Fund Inc?
Chariton Valley Regional Housing Trust Fund Inc is a nonprofit organization situated in Centerville, Iowa (52544). Their primary mission is to administer a housing assistance plan, providing both loans and grants to low and moderate-income families living in owner-occupied houses. The organization's main goal is to ensure safe and affordable housing for residents within the Iowa counties of Appanoose, Lucas, Monroe, and Wayne. This nonprofit organization is dedicated to improving the living conditions of its community by offering financial assistance for housing needs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Chariton Valley Regional Housing Trust Fund Inc has earned an 80% score from Charity Navigator, reflecting a solid performance in accountability and finance. This rating is particularly noteworthy as it is based entirely on their accountability and finance beacon. The organization demonstrates strong governance practices, with a fully independent board and no material diversion of assets.
The charity shows robustness in its financial management, evidenced by a low liabilities to assets ratio of 4.15%, indicating sound fiscal health. Furthermore, a high program expense ratio of 75.76% suggests that a significant portion of its expenditures is directed towards programs rather than administrative overhead.
While the organization has a commendable conflict of interest policy and documents board meeting minutes, there is always room for improvement. Overall, the rating reflects a commitment to transparency and effective resource management, making it a trustworthy entity within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Chariton Valley Regional Housing Trust Fund Inc legitimate?
Chariton Valley Regional Housing Trust Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chariton Valley Regional Housing Trust Fund 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.
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What is the mission statement of Chariton Valley Regional Housing Trust Fund Inc?
The Chariton Valley Regional Housing Trust Fund Inc is dedicated to providing safe and affordable housing options for low and moderate income families residing within the Iowa counties of Appanoose, Lucas, Monroe, and Wayne. They achieve this mission by administering a housing assistance plan, which offers loans and grants to eligible families living in owner-occupied houses. By doing so, the organization strives to ensure that these families have access to secure and reasonably priced housing, thereby enhancing their overall quality of life.
Who is the CEO of Chariton Valley Regional Housing Trust Fund Inc?
Karen Minkoff is the Director of Chariton Valley Regional Housing Trust Fund Inc.
What is the revenue of Chariton Valley Regional Housing Trust Fund Inc?
Chariton Valley Regional Housing Trust Fund Inc's revenue in 2022 was $578,135.
Who are the executives of Chariton Valley Regional Housing Trust Fund Inc and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Chariton Valley Regional Housing Trust Fund Inc?
Chariton Valley Regional Housing Trust Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chariton Valley Regional Housing Trust Fund Inc
Chariton Valley Regional Housing Trust Fund Inc, as a nonprofit organization, is committed to providing safe and affordable housing solutions for low and moderate-income families. Their mission is centered around serving residents within the Iowa counties of Appanoose, Lucas, Monroe, and Wayne. The primary goal of this organization is to administer a housing assistance plan, offering both loans and grants to eligible families living in owner-occupied houses. By providing these financial resources, Chariton Valley Regional Housing Trust Fund Inc aims to make housing more accessible and affordable for those in need, ultimately contributing to a more stable and secure living environment for these families.
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Impact
July, 2024
Chariton Valley Regional Housing Trust Fund Inc's impact is significant in providing safe and affordable housing to low and moderate-income residents in the Iowa counties of Appanoose, Lucas, Monroe, and Wayne. By administering a housing assistance plan that offers loans and grants to families in owner-occupied houses, this organization plays a crucial role in addressing the housing needs of vulnerable populations. Their mission to ensure access to quality housing for those in need positively impacts the community by promoting stability and well-being among its residents.
This information is meant to be a general summary of Chariton Valley Regional Housing Trust Fund 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: -$23,887
- Program Service Revenue: $1,863
- Gross Receipts: $819,525
Assets and Liabilities:
- Total Assets: $1,328,374
- Total Liabilities: $21,134
- Net Assets: $1,307,240
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REPAYMENT OF FORGIVALB
Revenue
$1,863
Organization Details
Founding Year
2010
Phone
(641) 436-1775Principal Officer
Karen Minkoff
Main Address
15703 HIGHWAY J29, CENTERVILLE, IA, 52544
NTEE Category
Code: L82 - Housing
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