Overview
What is First Presbyterian Church Housing?
First Presbyterian Church Housing, also known as The Village of Warren Glenn, is a nonprofit organization situated at 2950 E 12 Mile Rd, Warren, MI. Their primary mission is to offer housing and essential services to senior adults with limited income. This organization is dedicated to enhancing the lives of these individuals by providing them with a supportive living environment. With a workforce of three employees, they strive to ensure that the elderly population in their care has access to essential resources and services, contributing positively to their overall well-being.
Official website here: www.pvm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 69%)
First Presbyterian Church Housing has received a two-star rating from Charity Navigator, indicating that the organization needs improvement. The overall score of 69% reflects concerns about its accountability and financial practices, particularly highlighted by a liabilities to assets ratio of 193.83%, which is a significant red flag for financial health.
However, the organization does demonstrate some strengths in governance. It has 100% independent board members and a robust audit and oversight committee, achieving full points in these areas. The majority of its financial practices, such as program expense ratio, are strong, with nearly 81% of its expenses directed toward programs.
Despite these strengths, critical policies are missing, including conflict of interest and whistleblower policies, which could undermine transparency and accountability. Additionally, the nonprofit has not posted its tax forms on its website, which limits public access to important financial information.
This AI summary has been generated from information found on Charity Navigator.
Is First Presbyterian Church Housing legitimate?
First Presbyterian Church Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Presbyterian Church Housing 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: $44,664
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,657
For more financial information, click here
Official website here: www.pvm.org
What is the mission statement of First Presbyterian Church Housing?
The mission of First Presbyterian Church Housing, as outlined, is centered around offering housing and essential services to senior adults who are financially disadvantaged. This mission is aimed at enhancing their quality of life and providing them with the necessary support they need to live comfortably. The organization's activities encompass more than just housing; they also extend to offering various services that cater to the unique needs of these seniors. The ultimate goal is to ensure that these individuals can maintain their dignity and independence, despite their financial situation.
Official website here: www.pvm.org
What is the revenue of First Presbyterian Church Housing?
First Presbyterian Church Housing's revenue in 2024 was $519,709.
Official website here: www.pvm.org
Who are the executives of First Presbyterian Church Housing and what are their salaries?
The average compensation at First Presbyterian Church Housing during 2024 was $17,830. There are 4 employees and 20 volunteers at First Presbyterian Church Housing.
Here are 11 key members and their salaries:
- Compensation: $46,723
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Official website here: www.pvm.org
Where can I find the form 990 for First Presbyterian Church Housing?
First Presbyterian Church Housing's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.pvm.org
Learn more at the official website: www.pvm.org
Mission Statement of First Presbyterian Church Housing
First Presbyterian Church Housing is a dedicated organization with a mission to provide essential housing and services for low-income senior adults. This mission is carried out through offering suitable living accommodations and necessary assistance, ensuring that these vulnerable individuals can maintain a dignified and comfortable lifestyle. By offering these services, First Presbyterian Church Housing aims to contribute positively to the well-being and overall quality of life for these senior adults.
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Impact
July, 2024
First Presbyterian Church Housing provides crucial housing and services to low-income senior adults in Warren, MI. Their mission is dedicated to improving the well-being and quality of life for this vulnerable population through affordable and supportive housing options. This organization's impact is significant as it addresses the needs of seniors who may otherwise struggle to find safe and affordable housing. By offering these services, First Presbyterian Church Housing plays a vital role in supporting the senior community in Warren.
This information is meant to be a general summary of First Presbyterian Church Housing. 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: $539
- Program Service Revenue: $511,234
- Gross Receipts: $519,709
Assets and Liabilities:
- Total Assets: $2,866,402
- Total Liabilities: $5,369,921
- Net Assets: -$2,503,519
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
apartment rental
Revenue
$511,234
Organization Details
Founding Year
1998
Principal Officer
Malcolm Mcdougall
Website
www.pvm.orgNTEE Category
Code: P80 - Human services
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