Overview
What is Tri-Cities Terrace South C/O Goodale & Barbieri Company?
Tri-Cities Terrace South, managed by Goodale & Barbieri Company, is a nonprofit organization situated in Spokane, Washington. Their primary goal is to operate a 14-unit apartment complex, specifically designed to accommodate low-income individuals with disabilities. This initiative aims to provide them with a suitable living space, ensuring they have access to comfortable housing. The organization's mission remains steadfast in its commitment to this cause.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Tri-Cities Terrace South, associated with Goodale & Barbieri Company, has garnered a Three-Star rating from Charity Navigator. This score reflects strong performance in the Accountability & Finance category, where it achieved an 80% rating. The high score is notable as it comes solely from the Accountability & Finance beacon, indicating a solid foundation of financial health and transparency.
The organization excels in several key areas, including having a fully independent board consisting of 10 members, which is essential for maintaining objectivity and governance integrity. Additionally, Tri-Cities Terrace South has demonstrated no material diversion of assets and maintains a robust conflict of interest policy. With all expenses directed towards its programs, the organization shows a commitment to maximizing impact.
While the rating is commendable, the score is entirely based on financial and accountability metrics, suggesting that potential donors might want to explore further qualitative aspects of the charity's programs and effectiveness. Nonetheless, the financial integrity exhibited is a positive indicator of the organization's overall management and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Tri-Cities Terrace South C/O Goodale & Barbieri Company legitimate?
Tri-Cities Terrace South C/O Goodale & Barbieri Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tri-Cities Terrace South C/O Goodale & Barbieri Company 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:
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What is the mission statement of Tri-Cities Terrace South C/O Goodale & Barbieri Company?
The Tri-Cities Terrace South, managed by Goodale & Barbieri Company, has a mission to operate a 14-unit apartment complex specifically designed to provide housing for individuals with disabilities who fall under the low-income bracket. This organization is dedicated to offering a living space that caters to this unique demographic, aiming to contribute positively to their living circumstances. The objective is to ensure that these individuals have access to suitable housing, thereby enhancing their quality of life.
Who is the CEO of Tri-Cities Terrace South C/O Goodale & Barbieri Company?
W Richard Barchet is the Director of Tri-Cities Terrace South C/O Goodale & Barbieri Company.
What is the revenue of Tri-Cities Terrace South C/O Goodale & Barbieri Company?
Tri-Cities Terrace South C/O Goodale & Barbieri Company's revenue in 2023 was $105,586.
Who are the executives of Tri-Cities Terrace South C/O Goodale & Barbieri Company 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 Tri-Cities Terrace South C/O Goodale & Barbieri Company?
Tri-Cities Terrace South C/O Goodale & Barbieri Company's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Tri-Cities Terrace South C/O Goodale & Barbieri Company
Tri-Cities Terrace South, under the management of Goodale & Barbieri Company, is committed to operating a 14-unit apartment complex. This mission is centered around providing affordable housing for individuals with disabilities who fall under the category of low-income earners. By operating this complex, the organization aims to contribute to the housing needs of a specific demographic, ensuring they have a suitable living space. The goal is to make a positive impact on the lives of these individuals, fostering a sense of independence and community within the complex.
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Impact
October, 2024
Tri-Cities Terrace South C/O Goodale & Barbieri Company plays a crucial role in fostering community support by providing stable housing for low-income persons with disabilities. By operating a 14-unit apartment complex in Spokane, Washington, this initiative not only addresses a vital need for accessible housing but also promotes independence and dignity for its residents.
The availability of affordable housing in a supportive environment helps to empower individuals, giving them the opportunity to thrive within their community. Additionally, this initiative contributes to reducing homelessness and supports the overall well-being of its residents, allowing them to focus on personal growth, health, and social connections. Overall, the impact of Tri-Cities Terrace South extends beyond mere housing; it helps create an inclusive community where individuals are given the chance to succeed and lead fulfilling lives.
This information is meant to be a general summary of Tri-Cities Terrace South C/O Goodale & Barbieri Company. 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: $396
- Program Service Revenue: $49,662
- Gross Receipts: $105,586
Assets and Liabilities:
- Total Assets: $1,299,731
- Total Liabilities: $23,280
- Net Assets: $1,276,451
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$49,662
Organization Details
Founding Year
2004
Phone
(509) 375-6074Principal Officer
W Richard Barchet
Main Address
818 W RIVERSIDE SUITE 300, SPOKANE, WA, 99201
NTEE Category
Code: L20 - Housing
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