Overview
What is Parc Place Inc?
Parc Place Inc is a nonprofit organization, built in compliance with the guidelines set by the U.S. Department of HUD. Situated in Peoria, Illinois, it operates two group homes, each accommodating six individuals. These homes are funded through a HUD 811 mortgage and a Section 8 rent subsidy. The main mission of Parc Place Inc is to provide secure housing for individuals dealing with intellectual and developmental disabilities. This mission is carried out through their daily activities, which involve offering a supportive living environment that fosters personal growth and independence.
Official website here: www.epicci.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Parc Place Inc has received an impressive rating of 97% from Charity Navigator, which translates to a Four-Star designation. This score highlights the charity's commitment to accountability and finance, with the entire score derived from the Accountability & Finance category. The organization demonstrates strong governance practices, boasting a fully independent board and a solid liability to assets ratio, indicating prudent financial management.
Strengths of Parc Place Inc include a well-structured board composed entirely of independent members and comprehensive policies addressing conflicts of interest and whistleblower protections. Additionally, the charity has achieved a high program expense ratio of 79.23%, signifying that a significant portion of its expenditures supports its programs rather than administrative costs.
While the current data showcases the charity's robust financial health and governance, continuous monitoring of its performance and impact will be essential to ensure ongoing transparency and effectiveness in serving its mission. Overall, Parc Place Inc stands out as a well-managed nonprofit committed to ethical practices.
This AI summary has been generated from information found on Charity Navigator.
Is Parc Place Inc legitimate?
Parc Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parc Place 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
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.epicci.org
What is the mission statement of Parc Place Inc?
Parc Place Inc's mission is centered around providing housing for individuals with intellectual and developmental disabilities. This mission is carried out through the operation of group homes, specifically two six-bedroom residences. These homes are funded by a HUD 811 mortgage and a Section 8 rent subsidy, as per the stipulations set by the U.S. Department of HUD. The organization's primary goal is to offer a supportive living environment for individuals with these disabilities, enabling them to live with dignity and independence.
Official website here: www.epicci.org
What is the revenue of Parc Place Inc?
Parc Place Inc's revenue in 2024 was $79,122.
Official website here: www.epicci.org
Who are the executives of Parc Place Inc and what are their salaries?
There 6 volunteers at Parc Place Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.epicci.org
Where can I find the form 990 for Parc Place Inc?
Parc Place Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.epicci.org
Learn more at the official website: www.epicci.org
Mission Statement of Parc Place Inc
Parc Place Inc, as a nonprofit organization, is dedicated to providing housing solutions for individuals grappling with intellectual and developmental disabilities. Their mission is centered around offering suitable living environments, ensuring that these individuals can reside in an accommodating and supportive setting. To accomplish this, Parc Place Inc operates two group homes, each equipped with six bedrooms. These homes are established in compliance with the regulations set by the U.S. Department of HUD. The organization secures funding for these homes through a HUD 811 mortgage and a Section 8 rent subsidy, which helps make the housing affordable and accessible to those in need. In this way, Parc Place Inc plays a crucial role in providing a safe and nurturing environment for individuals with intellectual and developmental disabilities, allowing them to live with dignity and independence.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Parc Place Inc's impact lies in providing much-needed housing for individuals with intellectual and developmental disabilities in Peoria, Illinois. By operating two 6-bedroom group homes funded through a HUD 811 mortgage and a Section 8 rent subsidy, Parc Place Inc ensures that these individuals have a safe and supportive living environment tailored to their specific needs. This initiative not only addresses the critical need for housing but also promotes inclusivity and independence for this vulnerable population, enhancing their quality of life and fostering a sense of community.
This information is meant to be a general summary of Parc Place 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 2024.
- Investment Income: $913
- Program Service Revenue: $72,170
- Gross Receipts: $79,122
Assets and Liabilities:
- Total Assets: $586,877
- Total Liabilities: $7,808
- Net Assets: $579,069
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income Assistance
Revenue
$72,170
Organization Details
Founding Year
2001
Principal Officer
Julia Kim Cornwell
Website
www.epicci.orgNTEE Category
Code: L21 - Housing
If you are a representative of Parc Place Inc 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.