Overview
What is Presioca Villa Interfaith Housing Corporation?
Presioca Villa Interfaith Housing Corporation is a nonprofit organization, whose primary mission is to offer affordable housing solutions for individuals with low income. Established with the goal of providing low income housing, the organization diligently works towards fulfilling this objective through various initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Presioca Villa Interfaith Housing Corporation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain areas of its operations. The organization scored 71% overall, reflecting strong performance in aspects such as having a fully independent board and a solid program expense ratio of 81.28%. These strengths suggest a commitment to program effectiveness and governance.
However, there are notable weaknesses in Presioca Villa's financial oversight and transparency. The organization lacks a whistleblower policy and document retention policy, both of which are critical for maintaining accountability and proper governance practices. Additionally, the missing tax form on the nonprofit's website raises concerns about transparency in financial reporting.
The financial health of Presioca Villa is further called into question by a liabilities to assets ratio of 105.65%, indicating that the organization has more liabilities than assets. This situation could impact its operational stability and capacity to fulfill its mission effectively in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Presioca Villa Interfaith Housing Corporation legitimate?
Presioca Villa Interfaith Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presioca Villa Interfaith Housing Corporation 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: $206,263
For more financial information, click here
What is the mission statement of Presioca Villa Interfaith Housing Corporation?
The Presioca Villa Interfaith Housing Corporation is dedicated to fulfilling a mission, primarily focused on providing affordable housing options for individuals with limited income. This mission is carried out through various efforts aimed at making housing accessible for those who may struggle financially. The corporation's primary objective is to offer low-income housing, ensuring that everyone has a place to call home regardless of their financial situation.
Who is the CEO of Presioca Villa Interfaith Housing Corporation?
Lynn Gabe is the President & Ceo of Presioca Villa Interfaith Housing Corporation. The CEO's salary of Presioca Villa Interfaith Housing Corporation is $0 and their total compensation is $253,754.
What is the revenue of Presioca Villa Interfaith Housing Corporation?
Presioca Villa Interfaith Housing Corporation's revenue in 2022 was $1,248,805.
Who are the executives of Presioca Villa Interfaith Housing Corporation and what are their salaries?
The average compensation at Presioca Villa Interfaith Housing Corporation during 2022 was $103,132. There are 2 employees and 10 volunteers at Presioca Villa Interfaith Housing Corporation.
Here are 11 key members and their salaries (Presioca Villa Interfaith Housing Corporation's CEO's salary is $0 and their total compensation is $253,754):
- Compensation: $0
- Related: $253,754
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- Other: $0
Where can I find the form 990 for Presioca Villa Interfaith Housing Corporation?
Presioca Villa Interfaith Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Presioca Villa Interfaith Housing Corporation
Presioca Villa Interfaith Housing Corporation is dedicated to providing low-income housing as a crucial part of its mission. This nonprofit organization aims to address the housing needs of individuals and families who fall under the low-income bracket, offering them a safe and affordable living space. By providing low-income housing, Presioca Villa Interfaith Housing Corporation contributes to the betterment of the community by ensuring that everyone has access to a decent place to live, regardless of their financial situation. The organization's commitment to providing low-income housing is a testament to its dedication to social justice and equal opportunities for all.
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Impact
October, 2024
Presioca Villa Interfaith Housing Corporation significantly impacts the community by providing affordable housing options for low-income individuals and families in Lemon Grove, CA. By addressing the pressing need for accessible living spaces, the organization helps alleviate housing insecurity, allowing residents to focus on stability and personal development. This vital support fosters a sense of community and enhances the overall quality of life for those served. Through its mission, Presioca Villa not only provides shelter but also empowers residents to thrive in a supportive environment.
This information is meant to be a general summary of Presioca Villa Interfaith Housing Corporation. 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.
- Program Service Revenue: $1,248,805
- Gross Receipts: $1,248,805
Assets and Liabilities:
- Total Assets: $1,540,923
- Total Liabilities: $1,553,066
- Net Assets: -$12,143
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAUNDRY AND VENDING
Revenue
$10,526
OTHER INCOME
Revenue
$2,722
RENTAL INCOME
Revenue
$1,235,557
Organization Details
Founding Year
1995
Phone
(619) 668-1532Principal Officer
Lynn Gabe
Main Address
7956 LESTER AVENUE, LEMON GROVE, CA, 91945
NTEE Category
Code: L80 - Housing
If you are a representative of Presioca Villa Interfaith Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.