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Paso Robles Nonprofit Housing Corporation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 383664512 ✦ Paso robles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Paso Robles Nonprofit Housing Corporation?

Paso Robles Nonprofit Housing Corporation, based in Paso Robles, California, is a dedicated organization with a mission to provide affordable housing for low to moderate income individuals in the northern San Luis Obispo County area. Through their efforts, they've developed, rehabilitated, and managed a variety of housing facilities. One such facility is the Chet Dotter Senior Housing Complex in El Paso de Robles, offering 40 units of housing along with recreational opportunities and a shared community for senior citizens who meet the eligibility criteria. This nonprofit corporation's mission is to contribute positively to the local community by ensuring that affordable housing is accessible to a wide range of individuals.


Official website here: www.pasoroblesha.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Star rating)

The Paso Robles Nonprofit Housing Corporation has earned a solid Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The charity's overall score is based entirely on its financial management. Key strengths include full independence of its board members and transparency in financial reporting, evidenced by high scores in areas such as independent board size and material diversion of assets.

The organization excels with an impressive program expense ratio of 86.36%, indicating that the vast majority of its expenses are directed towards its mission-related activities. Additionally, the charity maintains a robust system of audit and oversight, ensuring sound financial practices. However, there is a notable limitation in the absence of a whistleblower policy, which can be a critical component of good governance.

Overall, the Paso Robles Nonprofit Housing Corporation demonstrates a commitment to accountability and effective financial management, making it a trustworthy option for potential donors. Nonetheless, addressing the lack of a whistleblower policy could further strengthen its governance framework.


This AI summary has been generated from information found on Charity Navigator.

Is Paso Robles Nonprofit Housing Corporation legitimate?

Paso Robles Nonprofit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paso Robles Nonprofit Housing Corporation 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.pasoroblesha.org

What is the mission statement of Paso Robles Nonprofit Housing Corporation?

The Paso Robles Nonprofit Housing Corporation's mission is centered around acquiring, developing, rehabilitating, leasing, and managing affordable housing facilities for individuals with low to moderate incomes. This organization operates in various cities and unincorporated areas within Northern San Luis Obispo County, California. Their primary goal is to provide affordable housing solutions that cater to the needs of this income group.

In addition to this, the corporation manages the Chet Dotter Senior Housing Complex in El Paso de Robles, offering 40 units of low-income housing, recreational opportunities, and a shared community for eligible senior citizens. This senior housing program is a testament to the corporation's commitment to catering to the specific needs of older adults in the community.


Official website here: www.pasoroblesha.org

Who is the CEO of Paso Robles Nonprofit Housing Corporation?

David Cooke is the Executive Director of Paso Robles Nonprofit Housing Corporation.


Official website here: www.pasoroblesha.org

What is the revenue of Paso Robles Nonprofit Housing Corporation?

Paso Robles Nonprofit Housing Corporation's revenue in 2022 was $540,178.


Official website here: www.pasoroblesha.org

Who are the executives of Paso Robles Nonprofit Housing Corporation and what are their salaries?

There 7 volunteers at Paso Robles Nonprofit Housing Corporation.


Here are 10 key members and their salaries:


David Cooke (Executive Director)
  • Compensation: $0
  • Related: $162,553
  • Other: $35,048
Brent Weickert (Director Of Finance)
  • Compensation: $0
  • Related: $99,679
  • Other: $27,677
Cynthia Fardanesh (Chief Financial Officer)
  • Compensation: $0
  • Related: $10,417
  • Other: $2,951
Debbie Sturgis-Viborg (Chief Financial Officer - Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Rachunok (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry L Ovitt (President (Thru 11/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronnie Maxwell (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Perkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Irick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pasoroblesha.org

Where can I find the form 990 for Paso Robles Nonprofit Housing Corporation?

Paso Robles Nonprofit Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pasoroblesha.org

Learn more at the official website: www.pasoroblesha.org

Mission Statement of Paso Robles Nonprofit Housing Corporation

Paso Robles Nonprofit Housing Corporation, in its mission, focuses on acquiring, developing, rehabilitating, leasing, and managing affordable housing facilities for individuals with low to moderate incomes. This nonprofit organization operates in the cities and unincorporated areas of Northern San Luis Obispo County, California. One of its notable initiatives involves leasing and managing the Chet Dotter Senior Housing Complex in El Paso de Robles. This complex provides 40 units of low-income housing, along with recreational opportunities and a shared community, specifically designed for senior citizens who meet the qualification criteria. By offering these services, Paso Robles Nonprofit Housing Corporation contributes significantly to ensuring affordable housing options for a vulnerable population, thereby promoting community stability and inclusivity.

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Impact




July, 2024

Paso Robles Nonprofit Housing Corporation's impact can be seen through its provision of affordable housing facilities for low to moderate-income individuals in Northern San Luis Obispo County, California. Specifically, the organization manages the Chet Dotter Senior Housing Complex in El Paso de Robles, offering 40 units of low-income housing, recreational opportunities, and a shared community for qualifying senior citizens. By addressing the housing needs of this demographic, PRNHC plays a vital role in enhancing the quality of life and promoting inclusivity within the community.




This information is meant to be a general summary of Paso Robles Nonprofit Housing Corporation. 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.

Revenue
$540,178 (2022)
Expenses
$406,942 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11,021
  • Program Service Revenue: $166,768
  • Gross Receipts: $540,178

Assets and Liabilities:

  • Total Assets: $5,154,553
  • Total Liabilities: $5,170,467
  • Net Assets: -$15,914

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TENANT RENTS

Revenue

$165,164

TENANT FEES

Revenue

$1,604

Organization Details

Founding Year

2005

Principal Officer

David Cooke

Main Address

901 30TH STREET, PASO ROBLES, CA, 93446

NTEE Category

Code: L21 - Housing

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