Overview
What is Pear Grove Inc?
Pear Grove Inc, operating under the name Pear Grove Apartments, is a nonprofit organization based in Houston, Texas. Situated at 2211 Norfolk Street 614, this organization primarily focuses on providing housing solutions for individuals with disabilities. In alignment with Section 811 of the National Housing Act, Pear Grove Inc has entered into an agreement with the Department of HUD, committing to accommodate and support disabled individuals. Their mission is deeply rooted in this agreement, aiming to provide suitable housing to those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Pear Grove Inc has received a Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability and Finance. This high score indicates a solid commitment to transparency and responsible management of resources, as it is based entirely on a comprehensive evaluation of its financial practices.
The organization demonstrates impressive governance, with an independent board comprising 100% independent members, which ensures unbiased oversight. Additionally, there are no reported diversions of assets, and the charity has established important policies such as conflict of interest, whistleblower, and document retention, all of which contribute to its credibility and operational integrity.
Financially, Pear Grove Inc shows strong performance metrics, with 90.33% of its expenses allocated to programs, indicating a focus on mission-driven activities. Its liabilities to assets ratio stands at a healthy 13.45%, further reinforcing its fiscal responsibility. Overall, Pear Grove Inc appears to be a well-managed organization committed to effective philanthropy.
This AI summary has been generated from information found on Charity Navigator.
Is Pear Grove Inc legitimate?
Pear Grove Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pear Grove 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,050
For more financial information, click here
What is the mission statement of Pear Grove Inc?
Pear Grove Inc, as a committed organization, focuses on providing housing solutions for individuals with disabilities. This is accomplished under Section 811 of the National Housing Act, through an agreement with the Department of Housing and Urban Development (HUD). The organization's primary goal is to offer suitable living spaces for those in need, thereby contributing to their overall well-being and independence. Pear Grove Inc's activities are guided by its agreement with HUD, aiming to make a significant difference in the lives of disabled individuals by providing them with secure and comfortable housing options.
Who is the CEO of Pear Grove Inc?
Neal Sarahan is the Director of Pear Grove Inc.
What is the revenue of Pear Grove Inc?
Pear Grove Inc's revenue in 2022 was $79,269.
Who are the executives of Pear Grove Inc and what are their salaries?
The average compensation at Pear Grove Inc during 2022 was $5,050. There is 1 employee at Pear Grove Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $132,026
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Pear Grove Inc?
Pear Grove Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pear Grove Inc
Pear Grove Inc, as a nonprofit organization, is dedicated to providing housing for individuals with disabilities. This mission is carried out under the agreement with the Department of Housing and Urban Development (HUD), specifically under Section 811 of the National Housing Act. Pear Grove Inc's primary role is to ensure that disabled individuals have access to suitable housing, thereby contributing to their overall well-being and independence. By adhering to this mission, Pear Grove Inc is able to make a significant impact in the lives of those in need, providing them with a safe and comfortable living environment.
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Impact
August, 2024
Pear Grove Inc provides housing to disabled persons under Section 811 of the National Housing Act under an agreement with the Department of HUD. Their impact lies in offering essential housing services to individuals with disabilities in Houston, TX. Through their mission, Pear Grove Inc contributes to enhancing the quality of life for disabled individuals by providing safe and accessible housing options. This initiative aligns with the broader goal of ensuring that all members of society have access to suitable living arrangements, promoting inclusivity and equality in housing opportunities.
This information is meant to be a general summary of Pear Grove 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: $11
- Program Service Revenue: $78,437
- Gross Receipts: $79,269
Assets and Liabilities:
- Total Assets: $1,231,542
- Total Liabilities: $136,546
- Net Assets: $1,094,996
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT ASSISTANCE HUD
Revenue
$41,056
RENT REVENUE TENANTS
Revenue
$40,370
TENANT CHARGES AND OTH
Revenue
$696
VACANCIES
Revenue
-$3,685
Organization Details
Founding Year
2008
Phone
(713) 526-9470Principal Officer
Neal Sarahan
Main Address
2211 NORFOLK STREET 614, HOUSTON, TX, 77098
NTEE Category
Code: L20 - Housing
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