Overview
What is Compton Hill Properties Llc?
Compton Hill Properties Llc is a nonprofit organization situated in St. Louis, Missouri, specifically at 2759 Russell Blvd, 63104. Their primary mission is to combat urban decay and neighborhood blight by offering high-quality, affordable housing in the Fox Park and Tower Grove East neighborhoods of St. Louis. They aim to reverse the deterioration of a large block of scattered rental housing in these areas, ensuring a stable and improved living environment for low and moderate income residents. Through consolidated ownership and control, they seek to upgrade and improve their properties to provide a more suitable living space for their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Compton Hill Properties LLC has achieved a solid rating of 79% from Charity Navigator, which reflects a commendable level of accountability and financial health. The organization is recognized for its strong governance practices, with 100% of board members being independent. This independence, along with a well-sized board of 16 members, enhances its decision-making and oversight capabilities.
The organization also demonstrates a strong commitment to financial stewardship, as indicated by a program expense ratio of 91.59%. This suggests that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, there are no reported material diversions of assets, and it has established policies on conflict of interest, whistleblower protection, and document retention, further underscoring its commitment to transparency.
While the organization shows strengths in governance and financial ratios, the overall rating of three stars indicates that there may still be areas for improvement to reach a higher performance level. However, the current evaluation signifies a positive standing within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Compton Hill Properties Llc legitimate?
Compton Hill Properties Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Compton Hill Properties Llc 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: $18,619
For more financial information, click here
What is the mission statement of Compton Hill Properties Llc?
Compton Hill Properties LLC has a mission to combat urban decay and neighborhood blight in specific areas of St. Louis, Missouri, by providing quality, affordable housing. This is achieved through the consolidation and control of a large block of scattered rental housing in these neighborhoods, Fox Park and Tower Grove East. The ultimate goal is to improve these residential units, making them available for rental to low and moderate-income residents, thereby helping to revitalize the neighborhoods.
Who is the CEO of Compton Hill Properties Llc?
Becky Reinhart is the Treasurer of Compton Hill Properties Llc.
What is the revenue of Compton Hill Properties Llc?
Compton Hill Properties Llc's revenue in 2022 was $502,939.
Who are the executives of Compton Hill Properties Llc and what are their salaries?
Here are 16 key members and their salaries:
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- Related: $98,344
- Other: $10,661
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- Related: $83,635
- Other: $6,509
Where can I find the form 990 for Compton Hill Properties Llc?
Compton Hill Properties Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Compton Hill Properties Llc
Compton Hill Properties LLC, a nonprofit organization, is dedicated to combating urban decay and neighborhood blight in St. Louis, Missouri, specifically in the Fox Park and Tower Grove East neighborhoods. Their mission is twofold: firstly, they aim to reverse the deterioration of a significant portion of scattered site rental housing in these neighborhoods by consolidating ownership and control. Secondly, they provide quality, affordable housing to low and moderate-income residents of these areas through the rental of these stabilized and improved residential units. By undertaking these initiatives, Compton Hill Properties LLC contributes to the revitalization and improvement of these neighborhoods, providing a safer and more livable environment for its residents.
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Impact
July, 2024
Compton Hill Properties Llc is making a significant impact by combating urban decay and neighborhood blight in the Fox Park and Tower Grove East neighborhoods of St. Louis, Missouri. Through their property management efforts, they are upgrading and improving rental properties to provide better housing and a more suitable living environment for low and moderate-income individuals at affordable rates. By focusing on consolidated ownership and control of scattered-site rental housing, they are working to reverse the deterioration of a large block of properties in these neighborhoods. Ultimately, their mission is to provide quality affordable housing to residents of these neighborhoods, contributing to the overall revitalization and stability of the community.
This information is meant to be a general summary of Compton Hill Properties Llc. 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: $2,676
- Program Service Revenue: $499,065
- Gross Receipts: $502,939
Assets and Liabilities:
- Total Assets: $3,555,803
- Total Liabilities: $919,587
- Net Assets: $2,636,216
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$518,649
OTHER PROPERTY INCOME
Revenue
-$19,584
Organization Details
Founding Year
1999
Phone
(314) 776-5444Principal Officer
Becky Reinhart
Main Address
2759 RUSSELL BLVD, ST LOUIS, MO, 63104
NTEE Category
Code: L20 - Housing
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