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Wp Housing Company Inc

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

EIN: 273918455 ✦ White plains, NY ✦ Designated as a 501(c)(3)

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Overview

What is Wp Housing Company Inc?

Wp Housing Company Inc, a nonprofit organization situated in White Plains, New York, is committed to offering housing assistance to individuals and families with moderate incomes, as well as to the elderly. Their primary mission involves providing support to those in need, ensuring they have access to suitable housing options. This assistance extends to low-income families, making it easier for them to secure and maintain a stable living environment.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star rating)

Wp Housing Company Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts an impressive overall score of 94%, indicating effective management of resources and adherence to ethical practices. Key metrics such as a 5.36% liabilities to assets ratio and an 88.21% program expense ratio highlight its commitment to deploying the majority of funds directly into its programs.

The organization demonstrates robust governance, with 85% of its board members being independent. It has also implemented strong policies, including conflict of interest and whistleblower protections, and maintains thorough documentation of board meetings. These practices contribute to a transparent operational framework, fostering trust among stakeholders and donors.

While the data shows a solid financial footing and governance structure, it is essential for potential donors to consider ongoing operational effectiveness and the impact of programs on the community. Continued engagement with stakeholders and regular assessment of program outcomes will further solidify Wp Housing Company Inc's reputation as a responsible nonprofit.


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

Is Wp Housing Company Inc legitimate?

Wp Housing Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wp Housing Company 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: $4,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Wp Housing Company Inc?

Wp Housing Company Inc's mission is centered around providing housing assistance. This organization aims to support low and moderate income individuals, seniors, and families, ensuring they have access to adequate housing. Their mission is carried out through various initiatives, with the ultimate goal of making housing more accessible for those who may otherwise struggle to afford it. By offering this assistance, Wp Housing Company Inc contributes to the well-being and stability of these communities, thereby improving their overall quality of life.

Who is the CEO of Wp Housing Company Inc?

Denise Brooks is the Treasurer of Wp Housing Company Inc.

What is the revenue of Wp Housing Company Inc?

Wp Housing Company Inc's revenue in 2022 was $894,267.

Who are the executives of Wp Housing Company Inc and what are their salaries?

There 4 volunteers at Wp Housing Company Inc.


Here are 8 key members and their salaries:


Eric Eller (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Wolff (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Brooks (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $161,458
Jeffrey Binder (Vice President)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Howard Tribble (Director)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Eon Nichols (Director)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Valerie Alcene (Director)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Kwame Ndzibah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wp Housing Company Inc?

Wp Housing Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Wp Housing Company Inc

Wp Housing Company Inc, as a nonprofit organization, is dedicated to providing housing assistance to individuals and families who fall within the low and moderate income bracket. This mission is aimed at ensuring that these groups have access to safe and affordable housing solutions. The company extends its assistance not only to individuals but also to seniors and families. By doing so, Wp Housing Company Inc contributes significantly to the well-being and stability of these vulnerable communities.

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Impact




October, 2024

Wp Housing Company Inc has a significant impact on the community by providing essential housing assistance to low and moderate-income families, seniors, and individuals in White Plains, NY. By addressing the housing needs of vulnerable populations, the organization helps to improve living conditions, enhance stability, and foster self-sufficiency among residents.

Through its dedicated efforts, Wp Housing Company Inc contributes to reducing homelessness and housing insecurity in the area. The organization not only supports families in finding affordable housing options but also plays a crucial role in creating a more inclusive and equitable community. By ensuring access to safe and stable homes, Wp Housing Company Inc enhances the overall quality of life for many individuals and families, allowing them to thrive and participate more fully in their community.




This information is meant to be a general summary of Wp Housing Company 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
$894,267 (2022)
Expenses
$504,985 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $891,767
  • Gross Receipts: $894,267

Assets and Liabilities:

  • Total Assets: $19,390,059
  • Total Liabilities: $1,105,150
  • Net Assets: $18,284,909

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Programs

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

Low income housing development

Revenue

$891,767

Organization Details

Founding Year

2009

Principal Officer

Denise Brooks

Main Address

223 Dr Martin Luther King Jr Blvd, White Plains, NY, 10601

NTEE Category

Code: L20 - Housing

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