Overview
What is Resident Owned Parks Inc Parent Return?
Resident Owned Parks Inc Parent Return is a nonprofit organization situated in Sacramento, California, with a primary focus on preserving affordable housing. Specifically, they engage in the development and preservation of affordable mobilehome parks and manufactured housing communities, ensuring that these living spaces remain accessible to a wide range of individuals. With a team of 36 dedicated professionals, they strive to maintain and enhance the affordability of these communities, contributing to the overall well-being of the residents.
Official website here: www.affordablecommunitiesinc.com/
What are the reviews and ratings of this charity?
Charity Navigator rates Resident Owned Parks Inc. with a score of 73%, granting it a Two-Star out of Four Star rating. This rating is primarily based on Accountability & Finance, where the organization performed well in several areas such as independent board members, financial statements audits, and the absence of material asset diversion. However, there are notable weaknesses, including missing policies on whistleblower protection and document retention, as well as a concerning liabilities to assets ratio of 97.79%.
The organization's commitment to transparency is demonstrated by their independent board members and their attention to financial auditing. However, the lack of certain governance policies raises questions regarding their operational practices. The program expense ratio is remarkably high at 93.79%, indicating a substantial allocation of resources towards their mission, but the overall financial health signals a need for improvement.
While user reviews from GreatNonprofits couldn't be fetched, the limited available data highlights both strengths and ongoing challenges within the organization. Potential donors may want to consider these factors when assessing the nonprofit's reliability and effectiveness in delivering its services.
This AI summary has been generated from information found on Charity Navigator.
Is Resident Owned Parks Inc Parent Return legitimate?
Resident Owned Parks Inc Parent Return is a legitimate nonprofit organization registered as a 501(c)(3) entity. Resident Owned Parks Inc Parent Return 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: $316,162
Professional Fundraising Fees: $0
Other Salaries and Wages: $607,945
For more financial information, click here
Official website here: www.affordablecommunitiesinc.com/
What is the mission statement of Resident Owned Parks Inc Parent Return?
Resident Owned Parks Inc. Parent Return's mission is centered around preserving affordability in housing, specifically focusing on mobilehome parks and manufactured housing communities. Their goal is to develop and maintain these living spaces as affordable options for residents. By doing so, they aim to ensure that these communities continue to provide a viable housing solution for many individuals. This mission is carried out through their activities, which involve the preservation and development of these affordable housing options.
Official website here: www.affordablecommunitiesinc.com/
Who is the CEO of Resident Owned Parks Inc Parent Return?
Maurice A Priest is the President of Resident Owned Parks Inc Parent Return.
Official website here: www.affordablecommunitiesinc.com/
What is the revenue of Resident Owned Parks Inc Parent Return?
Resident Owned Parks Inc Parent Return's revenue in 2022 was $8,774,223.
Official website here: www.affordablecommunitiesinc.com/
Who are the executives of Resident Owned Parks Inc Parent Return and what are their salaries?
The average compensation at Resident Owned Parks Inc Parent Return during 2022 was $25,670. There are 36 employees at Resident Owned Parks Inc Parent Return.
Here are 5 key members and their salaries:
- Compensation: $180,000
- Related: $0
- Other: $0
- Compensation: $132,196
- Related: $0
- Other: $3,966
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.affordablecommunitiesinc.com/
Where can I find the form 990 for Resident Owned Parks Inc Parent Return?
Resident Owned Parks Inc Parent Return's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.affordablecommunitiesinc.com/
Learn more at the official website: www.affordablecommunitiesinc.com/
Mission Statement of Resident Owned Parks Inc Parent Return
Resident Owned Parks Inc. Parent Return is committed to preserving affordable housing, with a primary focus on the development and preservation of affordable mobilehome parks and manufactured housing communities. This nonprofit organization works tirelessly to ensure that these living spaces remain accessible, providing a vital solution for many individuals and families who may otherwise struggle with housing affordability. By preserving these communities, Resident Owned Parks Inc. Parent Return is playing a crucial role in maintaining the availability of affordable housing options, contributing to the overall well-being and stability of various communities across the country.
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Impact
October, 2024
Resident Owned Parks Inc Parent Return significantly impacts the availability and stability of affordable housing by focusing on the development and preservation of mobilehome parks and manufactured housing communities. By fostering an environment where these types of residences are maintained and enhanced, the organization ensures that low- to moderate-income families have access to affordable living options.
Through its efforts, it helps prevent displacement of residents in these communities and combats rising housing costs. The preservation of affordable mobilehome parks not only provides essential housing solutions but also promotes community stability, as residents are more likely to remain in their homes for extended periods. This contributes to stronger neighborhood ties and improved overall quality of life.
Moreover, by guiding the development of new affordable housing options, Resident Owned Parks Inc Parent Return directly addresses the growing affordable housing crisis, ensuring that as communities evolve, they remain inclusive and accessible to those in need. Ultimately, the organization's work plays a crucial role in maintaining diverse and sustainable communities, providing families with secure, affordable places to call home.
This information is meant to be a general summary of Resident Owned Parks Inc Parent Return. 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: $130,507
- Program Service Revenue: $7,399,322
- Gross Receipts: $8,791,874
Assets and Liabilities:
- Total Assets: $56,430,962
- Total Liabilities: $55,183,909
- Net Assets: $1,247,053
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees, Permits, and Other
Revenue
$102,157
Management Fee
Revenue
$832,867
Rental
Revenue
$4,948,798
Utilities Rebilled
Revenue
$1,515,500
Organization Details
Founding Year
2001
Phone
(916) 399-4993Principal Officer
Maurice A Priest
Main Address
7420 Greenhaven Drive Suite 125, Sacramento, CA, 95831
NTEE Category
Code: L20 - Housing
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