Overview
What is Union Baptist Church Pioneer Housing In Page Tower Apartments?
Union Baptist Church Pioneer Housing in Page Tower Apartments serves as an affordable housing solution for low-income families. This nonprofit is committed to offering comfortable living spaces to its residents, with their rental fees determined by their income levels. HUD, through section 8, contributes the necessary funds to cover the remaining balance, ensuring that these families can reside in these apartments without financial strain. The mission of Union Baptist Church Pioneer Housing is to provide a stress-free living environment for those in need, thereby contributing positively to their quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, 71%, Two-Star out of Four Star Rating
Union Baptist Church Pioneer Housing In Page Tower Apartments has achieved a solid Accountability & Finance score of 100%, indicating a strong performance in several governance practices. Their independent board structure is commendable, with all members being independent and fulfilling various oversight roles effectively. The organization also boasts a high program expense ratio of 89.90%, reflecting its commitment to direct services.
However, the overall rating of "Needs Improvement" highlights some significant concerns regarding financial transparency. The organization has a high liabilities to assets ratio of 102.96%, which suggests potential financial instability. Additionally, critical documents such as the tax form and the whistleblower and document retention policies are missing from their website, which may raise questions about their compliance and governance practices.
To improve its standing, Union Baptist Church Pioneer Housing should prioritize enhancing financial transparency and addressing the missing governance policies. Strengthening these areas can lead to more trust and confidence from donors and supporters while contributing to the organization's long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Union Baptist Church Pioneer Housing In Page Tower Apartments legitimate?
Union Baptist Church Pioneer Housing In Page Tower Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Union Baptist Church Pioneer Housing In Page Tower Apartments 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: $148,679
For more financial information, click here
What is the mission statement of Union Baptist Church Pioneer Housing In Page Tower Apartments?
Union Baptist Church's Pioneer Housing in Page Tower Apartments is committed to providing housing for families with low income. This is achieved through a mission that focuses on offering comfortable living spaces. The rent for the residents is determined based on their income, with the remaining balance being funded by HUD through section 8. This arrangement enables the tenants to reside in these affordable apartments without financial strain. The housing program aims to alleviate the stress associated with high housing costs, thereby allowing low income families to secure a decent place to live.
Who is the CEO of Union Baptist Church Pioneer Housing In Page Tower Apartments?
Donald K Darby is the Board Member of Union Baptist Church Pioneer Housing In Page Tower Apartments.
What is the revenue of Union Baptist Church Pioneer Housing In Page Tower Apartments?
Union Baptist Church Pioneer Housing In Page Tower Apartments's revenue in 2022 was $1,894,403.
Who are the executives of Union Baptist Church Pioneer Housing In Page Tower Apartments and what are their salaries?
There 7 volunteers at Union Baptist Church Pioneer Housing In Page Tower Apartments.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Union Baptist Church Pioneer Housing In Page Tower Apartments?
Union Baptist Church Pioneer Housing In Page Tower Apartments's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Union Baptist Church Pioneer Housing In Page Tower Apartments
Union Baptist Church Pioneer Housing in Page Tower Apartments is committed to providing affordable housing for low-income families. Their mission is to offer comfortable living spaces to families in need, ensuring that their rent is reasonable and proportionate to their income. The organization achieves this by receiving funding from HUD through section 8. This financial support allows tenants to reside in these apartments without the added stress of affording exorbitant rents. By providing this essential service, Union Baptist Church Pioneer Housing in Page Tower Apartments contributes to the well-being and stability of families in need, enabling them to focus on other aspects of their lives.
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Impact
October, 2024
Union Baptist Church Pioneer Housing in Page Tower Apartments plays a pivotal role in addressing housing insecurity for low-income families in Mason, Ohio. By offering affordable living spaces, the initiative significantly alleviates the financial burden on residents, allowing them to focus on other essential aspects of life such as education, employment, and community involvement.
Through a rent system based on income, families can reside in comfortable apartments without facing overwhelming financial pressure. The partnership with HUD through Section 8 ensures that the gap between what residents can afford to pay and the actual cost of housing is effectively bridged, fostering a stable living environment.
This support not only enhances the quality of life for residents but also contributes to the overall well-being of the community by creating a foundation for family stability, health, and growth. By providing this critical resource, Union Baptist Church Pioneer Housing enhances the prospects of low-income families, enabling them to thrive within a supportive community context.
This information is meant to be a general summary of Union Baptist Church Pioneer Housing In Page Tower Apartments. 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: $194
- Program Service Revenue: $1,894,209
- Gross Receipts: $1,894,403
Assets and Liabilities:
- Total Assets: $2,022,625
- Total Liabilities: $2,228,342
- Net Assets: -$205,717
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tenant Assistance Paym
Revenue
$1,250,376
Rent Revenue
Revenue
$593,771
Other Program Income
Revenue
$50,062
Organization Details
Founding Year
1970
Phone
(513) 961-6011Principal Officer
Donald K Darby
Main Address
5181 Natorp Blvd Ste 120 140, Mason, OH, 45040
NTEE Category
Code: L200 - Housing
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