Overview
What is Parkview Gardens Association?
Parkview Gardens Association (PGA) is a nonprofit organization situated in the St. Louis, Missouri, area. Its primary focus is to revitalize and enhance the Parkview Gardens neighborhood by purchasing, renovating, and managing rundown buildings and residential properties. PGA directly owns 11 apartment units, in addition to Parkview Gardens Rehabilitation I, LP (PGR I) and Parkview Gardens Rehabilitation II, LP (PGR II), which it uses to manage and renovate numerous properties in the neighborhood. Through these partnerships, PGA expands its residential rental housing portfolio. Furthermore, PGA invests in the overall community by organizing and supporting various neighborhood programs. In essence, its mission is to improve and maintain the properties and overall community in the Parkview Gardens neighborhood of Greater St. Louis, Missouri.
Official website here: www.parkviewgardens.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (67%, Two-Star out of Four Star rating)
Parkview Gardens Association has been rated with a score of 67%, indicating a need for improvement in various areas of accountability and finance. The organization boasts 100% independent board members, which is a strong point, reflecting a commitment to governance. Additionally, their program expense ratio is notably high at 97.72%, suggesting that the majority of their expenditures are directed towards their programs.
However, the organization has significant weaknesses that must be addressed. The absence of financial statements, conflict of interest policy, and whistleblower policy raises concerns about transparency and governance practices. Furthermore, the failure to post tax forms on their website could limit public access to important financial information, indicating a need for more robust communication strategies.
Overall, while Parkview Gardens Association demonstrates strengths in certain governance aspects and program funding, the lack of essential policies and financial documentation may hinder its operational credibility. Improvement in these areas is crucial for building trust and ensuring accountability to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Parkview Gardens Association legitimate?
Parkview Gardens Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parkview Gardens Association 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.parkviewgardens.org
What is the mission statement of Parkview Gardens Association?
The Parkview Gardens Association aims to enhance and preserve the condition of properties and the overall community in a neighborhood recognized as Parkview Gardens, located within the Greater Saint Louis, Missouri area. By purchasing and renovating rundown buildings and residential properties, the association works towards improving the living standards of the area. Moreover, the Parkview Gardens Association owns and manages several properties through partnerships such as Parkview Gardens Rehabilitation I and Parkview Gardens Rehabilitation II, contributing to the residential rental housing. Beyond property maintenance, the organization strives to better the community by supporting and organizing various community programs.
Official website here: www.parkviewgardens.org
What is the revenue of Parkview Gardens Association?
Parkview Gardens Association's revenue in 2023 was $1,652,742.
Official website here: www.parkviewgardens.org
Who are the executives of Parkview Gardens Association and what are their salaries?
There 175 volunteers at Parkview Gardens Association.
Here are 6 key members and their salaries:
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Official website here: www.parkviewgardens.org
Where can I find the form 990 for Parkview Gardens Association?
Parkview Gardens Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.parkviewgardens.org
Learn more at the official website: www.parkviewgardens.org
Mission Statement of Parkview Gardens Association
The Parkview Gardens Association, a nonprofit organization, is committed to enhancing and preserving the properties and overall community in a neighborhood known as Parkview Gardens. Their mission is to invest in and restore abandoned and deteriorated buildings and residential properties within this neighborhood in the Greater Saint Louis, Missouri area. To achieve this, the association owns 11 apartment units directly and manages multiple properties through Parkview Gardens Rehabilitation I, LP (PGR I) and Parkview Gardens Rehabilitation II, LP (PGR II). By donating these partnership interests to Parkview Gardens Investments, LLC in 2013, the association expanded its residential rental housing portfolio. Furthermore, Parkview Gardens Association contributes to the community's well-being by organizing and supporting various community programs.
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Impact
July, 2024
Parkview Gardens Association's impact is significant in the Parkview Gardens neighborhood in St. Louis, Missouri. They have successfully bought and renovated abandoned and rundown buildings and residential properties, owning 11 apartment units directly and managing many more through partnerships. By actively improving and maintaining properties in the neighborhood, Parkview Gardens Association is contributing to the revitalization and enhancement of the community. Additionally, their organization and support of various community programs further demonstrate their commitment to the overall betterment of the Parkview Gardens area.
This information is meant to be a general summary of Parkview Gardens Association. 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: $38,833
- Program Service Revenue: $1,013,898
- Gross Receipts: $1,927,731
Assets and Liabilities:
- Total Assets: $4,945,198
- Total Liabilities: $2,580,847
- Net Assets: $2,364,351
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NEIGHBORHOOD HOUSING R
Revenue
$1,013,898
Organization Details
Founding Year
1980
Principal Officer
Dennis Lutsky
Website
www.parkviewgardens.orgNTEE Category
Code: S220 - Community improvement
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