Overview
What is Pprc Senior Living Inc?
Pprc Senior Living Inc is a dedicated nonprofit organization situated in High Point, North Carolina. Their primary focus is catering to the housing and care needs of elderly adults, offering innovative programs and services that prioritize value and personal growth. They operate an 85-unit apartment complex under Section 221(D)(3) of the National Housing Act, regulated by the U.S. Department of Housing and Urban Development (HUD). In the fiscal year ending September 30, 2022, they served 98 residents. The organization's mission is to passionately meet the housing and care demands of senior adults, striving for extraordinary value while fostering personal and spiritual development.
Official website here: www.providenceplacenc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Pprc Senior Living Inc has received a three-star rating from Charity Navigator, scoring 81% based on its accountability and finance. This rating reflects a strong emphasis on transparency and responsible financial management, with notable strengths in areas such as board independence and oversight practices. The organization scores well on having an independent board and maintaining comprehensive policies, which contribute positively to its overall accountability.
The organization demonstrates effective financial practices, achieving a program expense ratio of over 81%, indicating that a significant portion of its budget is allocated to its programs. However, a concerning aspect is its liabilities to assets ratio, which is reported at 112.80%. This suggests that the organization may have more obligations than resources, which could raise questions about its financial stability in the long term.
Overall, while Pprc Senior Living Inc displays commendable practices in governance and program funding, stakeholders should be aware of the financial risks indicated by the liabilities ratio. Continuous monitoring and improvement in this area may be necessary for sustaining its operations and achieving long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is Pprc Senior Living Inc legitimate?
Pprc Senior Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pprc Senior Living 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: $71,952
Professional Fundraising Fees: $0
Other Salaries and Wages: $209,986
For more financial information, click here
Official website here: www.providenceplacenc.com
What is the mission statement of Pprc Senior Living Inc?
Pprc Senior Living Inc is committed to serving the housing and care needs of senior adults with innovative programs and services, delivering them at an exceptional value. This organization encourages personal and spiritual growth and development among its senior residents. By operating with passion, they aim to meet the needs of senior adults in a way that stands out, ensuring they live their best lives.
Official website here: www.providenceplacenc.com
Who is the CEO of Pprc Senior Living Inc?
Terry Miller is the President/Ceo of Pprc Senior Living Inc. The CEO's salary of Pprc Senior Living Inc is $0 and their total compensation is $78,907.
Official website here: www.providenceplacenc.com
What is the revenue of Pprc Senior Living Inc?
Pprc Senior Living Inc's revenue in 2022 was $1,154,492.
Official website here: www.providenceplacenc.com
Who are the executives of Pprc Senior Living Inc and what are their salaries?
Here are 6 key members and their salaries (Pprc Senior Living Inc's CEO's salary is $0 and their total compensation is $78,907):
- Compensation: $0
- Related: $77,736
- Other: $1,171
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $12,500
- Other: $0
- Compensation: $0
- Related: $143,418
- Other: $40,499
Official website here: www.providenceplacenc.com
Where can I find the form 990 for Pprc Senior Living Inc?
Pprc Senior Living Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.providenceplacenc.com
Learn more at the official website: www.providenceplacenc.com
Mission Statement of Pprc Senior Living Inc
Pprc Senior Living Inc, a dedicated organization, is committed to serving the housing and care needs of senior adults with innovative programs and services. They strive to deliver these offerings at an exceptional value, simultaneously encouraging personal and spiritual growth and development among their elderly residents. The organization's mission is to provide a nurturing environment that caters to the unique needs of senior adults, promoting their overall well-being and personal growth. By implementing creative and effective programs and services, Pprc Senior Living Inc aims to enhance the lives of its senior residents and contribute to their continued growth and development.
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Impact
October, 2024
Pprc Senior Living Inc significantly impacts the lives of senior adults in High Point, North Carolina, by providing essential housing and care services. Operating an 85-unit apartment complex, the organization is dedicated to meeting the unique needs of elderly residents through innovative programs and exceptional services.
By ensuring high-quality, affordable housing under the guidelines of the U.S. Department of Housing and Urban Development (HUD), Pprc Senior Living Inc fosters a supportive community that encourages personal and spiritual growth among its residents. In the fiscal year ended September 30, 2022, the organization served 98 residents, highlighting its commitment to enhancing the quality of life for seniors.
Pprc Senior Living Inc's efforts address crucial housing and care needs, empowering residents to thrive in a nurturing environment while promoting both physical well-being and emotional support. The organization exemplifies a model for senior living that prioritizes dignity, respect, and holistic development.
This information is meant to be a general summary of Pprc Senior Living 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: $221
- Program Service Revenue: $1,147,610
- Gross Receipts: $1,154,492
Assets and Liabilities:
- Total Assets: $5,704,374
- Total Liabilities: $6,434,720
- Net Assets: -$730,346
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$1,136,603
FEES, STORAGE
Revenue
$11,007
Organization Details
Founding Year
2000
Phone
(336) 888-4663Principal Officer
Terry Miller
Main Address
1701 WESTCHESTER DRIVE SUITE 400, HIGH POINT, NC, 27262
Website
www.providenceplacenc.comNTEE Category
Code: L22 - Housing
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