Overview
What is Park Ridge Apartments Inc Co Jdk Enterprises Llc?
Park Ridge Apartments Inc Co Jdk Enterprises Llc is a nonprofit organization situated in Youngsville, Louisiana. Their primary mission is to provide subsidized housing for low-income families and individuals with disabilities. The housing is funded through HUD Section 8 Rental Assistance Payments. This support not only covers the living expenses but also caters to the need for ongoing care and independence for those with disabilities. The organization's goal is to provide a safe and supportive environment, ensuring that its residents can live with dignity and independence.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
Park Ridge Apartments Inc Co Jdk Enterprises LLC has received a low score of 56%, indicating significant concerns regarding its accountability and financial practices. The organization has no independent board members, which raises questions about governance and oversight. While it has a strong program expense ratio of 100%, signifying that all its expenses are directed toward its programs, the high liabilities to assets ratio of 120.62% is a red flag for financial stability.
Strengths noted include the presence of policies for conflict of interest, whistleblower protection, and document retention, all of which demonstrate some level of organizational integrity. However, the absence of publicly available board meeting minutes and the listing of key documents on its website detracts from its transparency. Overall, while the organization is committed to its programs, the governance issues and financial indicators necessitate caution for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Park Ridge Apartments Inc Co Jdk Enterprises Llc legitimate?
Park Ridge Apartments Inc Co Jdk Enterprises Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park Ridge Apartments Inc Co Jdk Enterprises Llc 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: $14,460
For more financial information, click here
What is the mission statement of Park Ridge Apartments Inc Co Jdk Enterprises Llc?
Park Ridge Apartments Inc Co Jdk Enterprises Llc's mission is centered around providing housing for low-income families and individuals with disabilities. The housing is subsidized through HUD Section 8 Rental Assistance Payments. This organization specifically targets families with a family member with a disability and individuals requiring ongoing support to live independently. Their goal is to offer a living environment that enables these individuals to maintain their independence.
Who is the CEO of Park Ridge Apartments Inc Co Jdk Enterprises Llc?
Willie Maynard Jr is the President of Park Ridge Apartments Inc Co Jdk Enterprises Llc.
What is the revenue of Park Ridge Apartments Inc Co Jdk Enterprises Llc?
Park Ridge Apartments Inc Co Jdk Enterprises Llc's revenue in 2022 was $143,542.
Who are the executives of Park Ridge Apartments Inc Co Jdk Enterprises Llc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Park Ridge Apartments Inc Co Jdk Enterprises Llc?
Park Ridge Apartments Inc Co Jdk Enterprises Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Park Ridge Apartments Inc Co Jdk Enterprises Llc
Park Ridge Apartments Inc Co Jdk Enterprises Llc is dedicated to providing housing for low-income families and individuals with disabilities who require ongoing support to live independently. This mission is accomplished through the utilization of HUD Section 8 rental assistance payments, ensuring that these individuals and families can afford safe and suitable living arrangements. The organization's primary goal is to empower its residents by providing them with the necessary support to live independently, fostering a sense of self-sufficiency and independence.
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Impact
October, 2024
Park Ridge Apartments Inc Co Jdk Enterprises LLC significantly impacts the community by providing essential housing to low-income families and individuals with disabilities. By utilizing HUD Section 8 rental assistance payments, the organization ensures that those who need ongoing support can secure a stable living environment. This initiative not only helps alleviate the financial burdens faced by families in need but also fosters independence for individuals with disabilities, enabling them to live in a supportive community. The availability of accessible housing contributes to improved quality of life and empowers residents to engage more fully in their communities. Overall, the presence of Park Ridge Apartments plays a crucial role in promoting social inclusion and stability for vulnerable populations in Youngsville, Louisiana.
This information is meant to be a general summary of Park Ridge Apartments Inc Co Jdk Enterprises Llc. 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: $3
- Program Service Revenue: $143,539
- Gross Receipts: $143,542
Assets and Liabilities:
- Total Assets: $2,186,073
- Total Liabilities: $2,636,895
- Net Assets: -$450,822
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$143,539
Organization Details
Founding Year
2008
Phone
(337) 406-8500Principal Officer
Willie Maynard Jr
Main Address
110 ANSLEM DR, YOUNGSVILLE, LA, 70592
NTEE Category
Code: L210 - Housing
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