Overview
What is Valentine Court Iii Inc?
Valentine Court III Inc is a nonprofit organization situated in San Luis Obispo, California. Their primary mission is to offer affordable rental housing for individuals with developmental disabilities, as mandated by Section 202 of the National Housing Act of 1959. They provide a total of 9 housing units to support this cause. The organization plays a crucial role in providing a secure living environment for this specific group, contributing to their overall well-being and social inclusion.
Official website here: www.pshhc.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars
Valentine Court III Inc has received a rating of Two-Star from Charity Navigator, indicating that the organization is in need of improvement. With an overall score of 61%, the charity demonstrates some strengths, particularly in its governance, as it has a fully independent board and maintains accurate meeting minutes. Additionally, the organization shows a strong commitment to its program expenses, allocating 100% of its budget toward its mission-related activities.
However, there are significant concerns regarding the charity's accountability and financial management. The lack of essential policies, such as a conflict of interest policy and a whistleblower policy, suggests potential vulnerabilities in oversight and transparency. Moreover, the organization's high liabilities to assets ratio of 110.39% raises red flags about its financial stability and sustainability.
Overall, while the organization performs well in areas related to program expenses and governance structure, critical areas for improvement in accountability and financial practices need to be addressed to enhance trust and effectiveness moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Valentine Court Iii Inc legitimate?
Valentine Court Iii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valentine Court Iii 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
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Other Salaries and Wages: $15,638
For more financial information, click here
Official website here: www.pshhc.org/
What is the mission statement of Valentine Court Iii Inc?
Valentine Court III Inc. is committed to providing affordable rental housing for individuals with developmental disabilities, in accordance with Section 202 of the National Housing Act of 1959. This organization focuses on making housing accessible and inclusive for this specific group, aiming to enhance their quality of life. By offering nine units of housing, Valentine Court III Inc. contributes to the overall well-being and independence of these individuals, enabling them to live with dignity and comfort.
Official website here: www.pshhc.org/
Who is the CEO of Valentine Court Iii Inc?
Kenneth Trigueiro is the President of Valentine Court Iii Inc.
Official website here: www.pshhc.org/
What is the revenue of Valentine Court Iii Inc?
Valentine Court Iii Inc's revenue in 2022 was $80,193.
Official website here: www.pshhc.org/
Who are the executives of Valentine Court Iii Inc and what are their salaries?
Here are 21 key members and their salaries:
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Official website here: www.pshhc.org/
Where can I find the form 990 for Valentine Court Iii Inc?
Valentine Court Iii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pshhc.org/
Learn more at the official website: www.pshhc.org/
Mission Statement of Valentine Court Iii Inc
Valentine Court III Inc, as a nonprofit organization, is dedicated to providing affordable rental housing for individuals with developmental disabilities. In alignment with Section 202 of the National Housing Act of 1959, Valentine Court III Inc offers nine units of housing that cater specifically to this population. The organization's mission is to create a living environment that is both comfortable and accessible for individuals with developmental disabilities, thereby enabling them to live independently and with dignity. By providing such housing, Valentine Court III Inc contributes to the broader goal of promoting inclusion and equality within society.
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Impact
August, 2024
Valentine Court III Inc's impact lies in providing 9 units of affordable rental housing to the developmentally disabled in SAN LUIS OBISPO, CA. This ensures that individuals with developmental disabilities have access to safe and suitable housing, improving their quality of life and promoting inclusivity within the community. By offering this essential service, Valentine Court III Inc plays a crucial role in supporting vulnerable individuals and addressing the housing needs of the developmentally disabled population.
This information is meant to be a general summary of Valentine Court Iii 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: $10
- Program Service Revenue: $33,451
- Gross Receipts: $80,193
Assets and Liabilities:
- Total Assets: $752,857
- Total Liabilities: $801,371
- Net Assets: -$48,514
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent Revenue
Revenue
$33,451
Organization Details
Phone
(805) 781-3088Principal Officer
Kenneth Trigueiro
Main Address
1060 KENDALL ROAD, SAN LUIS OBISPO, CA, 93401
Website
www.pshhc.org/NTEE Category
Code: P80 - Human services
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