Overview
What is Trinity Housing Corp Of Greeley?
Trinity Housing Corp of Greeley is a nonprofit organization situated in Greeley, Colorado. Their primary mission is to offer affordable housing solutions to individuals with lower income levels. Through Island Grove Village, a public housing facility under their care, they strive to make a positive impact on the community, ensuring that housing remains a basic necessity for all. While the information provided does not detail any additional programs or initiatives, the organization's focus on affordable housing is clear.
Official website here: www.islandgrove.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (69%, Two-Star out of Four Star rating)
Trinity Housing Corp Of Greeley has received a "Needs Improvement" rating from Charity Navigator, indicating that while there are strengths in certain areas, significant issues remain. The organization scored well on aspects such as having a fully independent board and robust financial audits, earning full points in categories like the majority of independent board members and financial statements audit. The program expense ratio is also commendable at 79.75%, indicating a strong allocation of resources towards its mission.
However, there are notable weaknesses that contribute to its lower overall score. The nonprofit lacks essential policies, such as a conflict of interest policy and a whistleblower policy, which are critical for ensuring ethical governance and accountability. Additionally, the organization has a high liabilities to assets ratio of 75.84%, which raises concerns about financial stability and sustainability in the long term.
Overall, while Trinity Housing Corp Of Greeley demonstrates a commitment to its programs, the absence of key governance practices and high liabilities could hinder its effectiveness and credibility. Addressing these limitations could improve its rating and enhance public trust in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Trinity Housing Corp Of Greeley legitimate?
Trinity Housing Corp Of Greeley is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trinity Housing Corp Of Greeley 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: $176,567
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Official website here: www.islandgrove.org
What is the mission statement of Trinity Housing Corp Of Greeley?
Trinity Housing Corp of an unspecified location is committed to providing affordable housing solutions for individuals with limited income. Their mission is clearly outlined, focusing on making housing accessible for this particular demographic. By operating facilities such as Island Grove Village in Greeley, CO, they strive to fulfill this mission, offering affordable housing options to those in need. This organization is dedicated to making a significant impact in people's lives by providing them with a fundamental necessity, that is, a suitable place to call home. Their ultimate goal is to create a more equitable living environment, ensuring that housing is not a luxury but a basic need for everyone.
Official website here: www.islandgrove.org
Who is the CEO of Trinity Housing Corp Of Greeley?
Brian Larson is the Treasurer of Trinity Housing Corp Of Greeley.
Official website here: www.islandgrove.org
What is the revenue of Trinity Housing Corp Of Greeley?
Trinity Housing Corp Of Greeley's revenue in 2022 was $1,267,437.
Official website here: www.islandgrove.org
Who are the executives of Trinity Housing Corp Of Greeley and what are their salaries?
The average compensation at Trinity Housing Corp Of Greeley during 2022 was $13,582. There are 13 employees at Trinity Housing Corp Of Greeley.
Here are 5 key members and their salaries:
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Official website here: www.islandgrove.org
Where can I find the form 990 for Trinity Housing Corp Of Greeley?
Trinity Housing Corp Of Greeley's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.islandgrove.org
Learn more at the official website: www.islandgrove.org
Mission Statement of Trinity Housing Corp Of Greeley
Trinity Housing Corp of Greeley, as a nonprofit organization, is committed to providing affordable housing for individuals with low income. Their mission, in essence, is to make housing accessible to those who may find it financially challenging. This mission is embodied in the operation of a public housing facility named Island Grove Village in Greeley, Colorado. The primary objective of this facility is to offer affordable housing solutions to individuals who fall under the low-income bracket.
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Impact
October, 2024
Trinity Housing Corp Of Greeley significantly impacts the community by providing affordable housing to low-income individuals through its facility, Island Grove Village, in Greeley, Colorado. This initiative addresses the critical need for accessible housing options, helping to alleviate homelessness and housing insecurity in the area. By ensuring that low-income individuals have a stable place to live, Trinity Housing Corp fosters a supportive environment that promotes well-being, community engagement, and a foundation for residents to improve their quality of life. This organization plays a vital role in enhancing the social and economic fabric of Greeley by creating safe, affordable living spaces for those in need.
This information is meant to be a general summary of Trinity Housing Corp Of Greeley. 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: $428
- Program Service Revenue: $195,876
- Gross Receipts: $1,267,437
Assets and Liabilities:
- Total Assets: $2,736,448
- Total Liabilities: $2,075,697
- Net Assets: $660,751
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$163,009
OTHER INCOME
Revenue
$21,675
TENANT CHARGES
Revenue
$10,154
LAUNDRY/VENDING
Revenue
$1,038
Organization Details
Founding Year
1972
Phone
(970) 356-2808Principal Officer
Brian Larson
Main Address
119 14TH AVENUE, GREELEY, CO, 80631
Website
www.islandgrove.orgNTEE Category
Code: L21 - Housing
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