Overview
What is Agape Las Palmas Inc?
Agape Las Palmas Inc is a respected nonprofit organization based in San Antonio, Texas, specifically at 7334 Blanco Road STE 200, ZIP code 78216. Their primary mission is to provide affordable housing solutions for individuals and families in need. They have successfully established an apartment project in McAllen, Texas, comprising 50 units, which serves as a home for many. This project plays a significant role in addressing the housing needs of low-income communities. Agape Las Palmas Inc's commitment to this cause contributes positively to the local community and the lives of those who benefit from their services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement)
Agape Las Palmas Inc has received a two-star rating from Charity Navigator, indicating that there are areas in need of improvement despite its strengths in accountability and finance. The organization achieved a perfect score in several key financial oversight areas, including an independent board and effective audit practices. Their program expense ratio is commendable at 93.99%, suggesting that a significant portion of their funds is directed towards their mission-related activities.
However, there are notable shortcomings that have impacted their overall rating. The organization lacks essential policies such as a whistleblower policy and a document retention policy, which could affect transparency and governance. Additionally, the absence of their tax form on the nonprofit's website raises questions about accessibility and openness.
Overall, while Agape Las Palmas Inc demonstrates solid financial management and board independence, the missing policies and documentation hinder its full accountability. Addressing these gaps could enhance its operational integrity and improve its standing with evaluators and the public.
This AI summary has been generated from information found on Charity Navigator.
Is Agape Las Palmas Inc legitimate?
Agape Las Palmas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Agape Las Palmas 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 Agape Las Palmas Inc?
Agape Las Palmas Inc is committed to providing low-income housing solutions. They accomplish this by managing an apartment project consisting of 50 units. This initiative aims to offer a secure living space for individuals and families in need, thereby contributing to their overall well-being. The organization's mission is deeply rooted in the provision of affordable housing, promoting a sense of community and stability for its residents. Agape Las Palmas Inc continues to work towards enhancing living conditions and providing a supportive environment for those in need.
Who is the CEO of Agape Las Palmas Inc?
David Starr is the Secretary of Agape Las Palmas Inc.
What is the revenue of Agape Las Palmas Inc?
Agape Las Palmas Inc's revenue in 2023 was $1,008,373.
Who are the executives of Agape Las Palmas Inc and what are their salaries?
Here are 3 key members and their salaries:
- 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 Agape Las Palmas Inc?
Agape Las Palmas Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Agape Las Palmas Inc
Agape Las Palmas Inc, a nonprofit organization, is committed to providing affordable housing solutions. Specifically, it focuses on offering 50 units of low-income housing in a project located in McAllen, Texas. This mission is geared towards assisting individuals and families who are economically disadvantaged, ensuring they have a secure place to reside. By providing this essential service, Agape Las Palmas Inc contributes to the well-being of its community, offering a vital resource for those in need.
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Impact
July, 2024
Agape Las Palmas Inc's impact is significant in providing low-income housing to individuals and families at an apartment project consisting of 50 units located in McAllen, Texas. By offering affordable housing options, Agape Las Palmas Inc directly contributes to improving the quality of life for vulnerable populations in the community. This initiative addresses the pressing need for accessible housing options for those facing financial challenges, ultimately fostering a more stable and supportive environment for individuals and families in McAllen. The organization's efforts align with the mission of promoting community improvement through the provision of essential housing services.
This information is meant to be a general summary of Agape Las Palmas 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: $20,642
- Program Service Revenue: $552,892
- Gross Receipts: $1,008,373
Assets and Liabilities:
- Total Assets: $4,146,406
- Total Liabilities: $3,524,720
- Net Assets: $621,686
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FROM CSA IMPORT
Revenue
$552,892
Organization Details
Founding Year
2018
Phone
(210) 341-8097Principal Officer
David Starr
Main Address
7334 BLANCO ROAD STE 200, SAN ANTONIO, TX, 78216
NTEE Category
Code: S41 - Community improvement
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