Overview
What is Post Falls Terrace C/O Schoedel & Schoedel Cpa's?
Post Falls Terrace C/O Schoedel & Schoedel CPA's is a nonprofit organization dedicated to serving the elderly and low-income families. They operate in line with HUD guidelines, providing affordable housing as their primary mission. Their focus is on offering shelter to those in need, particularly the elderly population. This crucial service ensures that vulnerable individuals have a safe and secure place to live, contributing to the well-being of their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Star rating. This rating indicates that Post Falls Terrace C/O Schoedel & Schoedel CPA's has several areas of concern, particularly in its accountability and financial practices. While the organization does exhibit strengths such as an independent board and a high program expense ratio, it struggles significantly with critical governance policies.
The organization scored well on several accountability metrics, earning full points for having a majority of independent board members and for documenting board meeting minutes. However, the absence of essential policies, including a conflict of interest policy, a whistleblower policy, and a plan for document retention, severely impacted its overall rating. This indicates potential vulnerabilities in governance and transparency.
Further compounding these concerns is the organization's liability to assets ratio, which stood at an alarming 203.63%. This suggests that the organization may face significant financial risk. Despite a commitment to program expenses, the lack of critical policies and high liabilities represents a troubling combination that potential donors should consider carefully.
This AI summary has been generated from information found on Charity Navigator.
Is Post Falls Terrace C/O Schoedel & Schoedel Cpa's legitimate?
Post Falls Terrace C/O Schoedel & Schoedel Cpa's is a legitimate nonprofit organization registered as a 501(c)(3) entity. Post Falls Terrace C/O Schoedel & Schoedel Cpa's 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: $40,926
For more financial information, click here
What is the mission statement of Post Falls Terrace C/O Schoedel & Schoedel Cpa's?
Post Falls Terrace, managed by Schoedel & Schoedel CPA's, is dedicated to providing low-income housing. Their mission aligns with HUD guidelines, focusing primarily on the elderly population. The organization aims to offer affordable living spaces, ensuring that the elderly in need have a suitable shelter to call home. By doing so, Post Falls Terrace contributes to the community by addressing the housing needs of its most vulnerable citizens.
Who is the CEO of Post Falls Terrace C/O Schoedel & Schoedel Cpa's?
Joseph C Kieffer is the Director of Post Falls Terrace C/O Schoedel & Schoedel Cpa's.
What is the revenue of Post Falls Terrace C/O Schoedel & Schoedel Cpa's?
Post Falls Terrace C/O Schoedel & Schoedel Cpa's's revenue in 2023 was $200,021.
Who are the executives of Post Falls Terrace C/O Schoedel & Schoedel Cpa's and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Post Falls Terrace C/O Schoedel & Schoedel Cpa's?
Post Falls Terrace C/O Schoedel & Schoedel Cpa's's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Post Falls Terrace C/O Schoedel & Schoedel Cpa's
Post Falls Terrace, overseen by Schoedel & Schoedel CPA's, is dedicated to providing low-income housing. Its mission is primarily focused on catering to the needs of elderly individuals and families, adhering to the guidelines set by HUD. This nonprofit organization's goal is to offer affordable housing as a sanctuary for those who are financially disadvantaged, with a special emphasis on the elderly population.
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Impact
October, 2024
Post Falls Terrace C/O Schoedel & Schoedel CPA's plays a vital role in the community by providing low-income housing specifically designed for elderly individuals and families. By adhering to HUD guidelines, the organization ensures that those in need of affordable shelter have access to safe and suitable living conditions. This focus on low-income housing directly addresses the challenges faced by vulnerable populations, particularly the elderly, who often struggle to secure affordable accommodations.
Located in Spokane, WA, Post Falls Terrace significantly contributes to the well-being of its residents, fostering a sense of community and stability among a demographic that often requires additional support. By offering affordable housing options, Post Falls Terrace helps alleviate the financial burden on low-income families and elderly individuals, allowing them to live with dignity and security. Its mission not only fulfills an essential need in the housing market but also enhances the overall quality of life for its residents, promoting social inclusion and stability in the community.
This information is meant to be a general summary of Post Falls Terrace C/O Schoedel & Schoedel Cpa's. 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 2023.
- Investment Income: $145
- Program Service Revenue: $121,743
- Gross Receipts: $200,021
Assets and Liabilities:
- Total Assets: $643,331
- Total Liabilities: $1,278,731
- Net Assets: -$635,400
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS
Revenue
$118,362
LAUNDRY AND TENANT CHA
Revenue
$3,381
Organization Details
Founding Year
1987
Phone
(509) 838-6541Principal Officer
Joseph C Kieffer
Main Address
422 W RIVERSIDE SUITE 1420, SPOKANE, WA, 99201
NTEE Category
Code: L22 - Housing
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