Overview
What is Paducah Housing Services Inc?
Paducah Housing Services Inc, based in Paducah, Kentucky, is a dedicated nonprofit organization committed to addressing the need for affordable housing within the city. They meticulously assess and address the requirements for maintaining and enhancing housing, while also getting involved or offering assistance in the development, financing, or operation of such housing. Beyond these tasks, they also function as a trustee, playing a significant role in ensuring the proper management of housing resources. In essence, their mission is to make affordable housing a reality for the residents of Paducah, KY.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Paducah Housing Services Inc has received an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The organization's overall score is based entirely on its accountability metrics, reflecting a robust governance structure with 100% independent board members and no recorded material diversion of assets. This governance model suggests a high level of integrity and transparency in their operations.
The organization demonstrates exceptional financial health, with a liabilities to assets ratio of just 0.09%, indicating a solid financial foundation. Furthermore, Paducah Housing Services allocates 100% of its expenses to programs, ensuring that donations are effectively directed towards fulfilling its mission. This commitment to using funds responsibly enhances the organization's credibility among supporters and potential donors.
While the data does not highlight any significant limitations, the organization's strong performance across various accountability indicators underscores its reliability. Overall, Paducah Housing Services Inc stands out as a well-managed nonprofit, and its Four-Star rating serves as a testament to its dedication to financial stewardship and operational transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Paducah Housing Services Inc legitimate?
Paducah Housing Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paducah Housing Services 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
What is the mission statement of Paducah Housing Services Inc?
Paducah Housing Services is committed to delivering affordable housing solutions. The organization assesses and addresses the requirements for maintaining and improving housing within the city, actively participating or aiding in the development, financing, or operation of such housing projects. Furthermore, Paducah Housing Services serves as a trustee, overseeing the management of housing-related matters. Their primary goal is to ensure accessible and affordable housing for all, enhancing the living conditions of the community.
Who is the CEO of Paducah Housing Services Inc?
Joseph Anderson is the Former Executiv of Paducah Housing Services Inc.
What is the revenue of Paducah Housing Services Inc?
Paducah Housing Services Inc's revenue in 2023 was $58,864.
Who are the executives of Paducah Housing Services Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $84,632
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Paducah Housing Services Inc?
Paducah Housing Services Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Paducah Housing Services Inc
Paducah Housing Services, as a nonprofit organization, is committed to providing affordable housing solutions in its operations. This mission is twofold: firstly, the organization assesses and addresses the needs and opportunities for maintaining and enhancing housing within the community. Secondly, it engages in or assists in the development, financing, or operation of such housing. Furthermore, Paducah Housing Services also acts as a trustee, playing a role in overseeing and managing housing-related projects. In essence, the organization's mission is to make housing more accessible and affordable for its community, thereby contributing to the overall well-being and prosperity of its residents.
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Impact
August, 2024
Paducah Housing Services Inc's impact is significant in providing affordable housing in Paducah, KY. They work diligently to assess and address the housing needs within the city, striving to enhance and maintain housing options for residents. Through their efforts, they contribute to the development, financing, and operation of affordable housing units, playing a vital role in improving housing accessibility in the community. Their commitment as a housing trustee underscores their dedication to serving the residents of Paducah and making a positive impact on the local housing market.
This information is meant to be a general summary of Paducah Housing Services 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 2023.
- Investment Income: $28,070
- Gross Receipts: $58,864
Assets and Liabilities:
- Total Assets: $2,518,686
- Total Liabilities: $2,416
- Net Assets: $2,516,270
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Organization Details
Founding Year
2006
Phone
(270) 450-4218Principal Officer
Joseph Anderson
Main Address
2330 Ohio Street, Paducah, KY, 42003
NTEE Category
Code: L20 - Housing
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