Overview
What is Prairie Development Inc C/O Town Square Property Mgmt Inc?
Prairie Development Inc C/O Town Square Property Mgmt Inc is a nonprofit organization situated in Lees Summit, Missouri. Their primary focus is on offering subsidized housing opportunities to individuals with disabilities who fall under the low-income bracket, in accordance with section 202 of the National Housing Act. Their mission is centered around providing affordable living solutions for those in need, aiming to make a positive impact in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. Overall, Prairie Development Inc received a score of 63%, reflecting a Two-Star out of Four Star rating. While the organization excels in accountability and finance, achieving a perfect score of 100%, it faces challenges in several operational policies that affect its overall rating.
The strengths of Prairie Development Inc lie in its independent board governance, with full points for both the number of independent board members and the board size. Additionally, the organization demonstrates a strong program expense ratio of 81.23%, indicating that a significant portion of its resources is allocated directly to its programs. This commitment to programmatic spending is a positive sign for stakeholders.
However, the organization has several noted limitations. Key policies, such as the conflict of interest policy, whistleblower policy, and document retention policy, are missing, which raises concerns about transparency and accountability. Furthermore, the absence of tax form disclosures on its website also negatively impacts its rating. Addressing these issues could significantly improve Prairie Development Inc's standing in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Prairie Development Inc C/O Town Square Property Mgmt Inc legitimate?
Prairie Development Inc C/O Town Square Property Mgmt Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prairie Development Inc C/O Town Square Property Mgmt 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: $9,630
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What is the mission statement of Prairie Development Inc C/O Town Square Property Mgmt Inc?
Prairie Development Inc, under the management of Town Square Property Mgmt Inc, is committed to providing subsidized housing for handicapped individuals with low income. Operating under section 202 of the National Housing Act, their mission is centered around offering affordable living solutions to those in need. The organization's primary goal is to ensure that individuals who may face financial challenges can still access safe and comfortable housing.
Who is the CEO of Prairie Development Inc C/O Town Square Property Mgmt Inc?
Steve Beckman is the Secretary/Tr of Prairie Development Inc C/O Town Square Property Mgmt Inc.
What is the revenue of Prairie Development Inc C/O Town Square Property Mgmt Inc?
Prairie Development Inc C/O Town Square Property Mgmt Inc's revenue in 2022 was $196,288.
Who are the executives of Prairie Development Inc C/O Town Square Property Mgmt Inc and what are their salaries?
The average compensation at Prairie Development Inc C/O Town Square Property Mgmt Inc during 2022 was $9,630. There is 1 employee at Prairie Development Inc C/O Town Square Property Mgmt Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Prairie Development Inc C/O Town Square Property Mgmt Inc?
Prairie Development Inc C/O Town Square Property Mgmt Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Prairie Development Inc C/O Town Square Property Mgmt Inc
Prairie Development Inc., a nonprofit organization under the management of Town Square Property Mgmt Inc., is committed to providing subsidized housing for handicapped individuals with low incomes. Operating under section 202 of the national housing act, their mission is to offer affordable living solutions to those in need. With a focus on assisting individuals who are financially disadvantaged, Prairie Development Inc. strives to make a positive impact on people's lives by providing them with a secure and comfortable living space. Their mission reflects a deep-rooted dedication to social justice and equality, aiming to create a more inclusive and supportive community for all.
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Impact
October, 2024
Prairie Development Inc, operating through Town Square Property Management Inc, plays a significant role in providing subsidized housing specifically for handicapped low-income individuals in Lees Summit, MO. By offering affordable living options under section 202 of the national housing act, they ensure that vulnerable populations have access to safe and supportive environments.
The organization's commitment to affordable housing directly impacts individuals and families in need by reducing financial burdens and improving their quality of life. This accessibility to subsidized housing fosters independence and stability for those who may otherwise struggle to find suitable living conditions due to financial constraints or health challenges.
Furthermore, by focusing on the needs of handicapped individuals, Prairie Development Inc contributes to a more inclusive society, promoting equal opportunities for all residents. Their mission not only addresses immediate housing needs but also strengthens community ties by enabling residents to thrive and engage actively within the Lees Summit area.
This information is meant to be a general summary of Prairie Development Inc C/O Town Square Property Mgmt 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 2022.
- Investment Income: $105
- Program Service Revenue: $196,183
- Gross Receipts: $196,288
Assets and Liabilities:
- Total Assets: $523,411
- Total Liabilities: $362,913
- Net Assets: $160,498
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYMENT
Revenue
$116,509
RENTAL INCOME
Revenue
$78,723
LAUNDRY AND VENDING
Revenue
$718
MISCELLANDOUS REVENUE
Revenue
$231
TENANT CHARGES
Revenue
$2
Organization Details
Phone
(816) 373-8400Principal Officer
Steve Beckman
Main Address
1201 NE WINDSOR DRIVE, LEES SUMMIT, MO, 64086
NTEE Category
Code: L21Z - Housing
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