Overview
What is Decatur Pilot Nfp?
Decatur Pilot Nfp is a nonprofit organization, established as a tax-exempt instrumentality for Decatur Housing Authority, with a charitable mission. Located in Decatur, Illinois, their primary focus is on neighborhood revitalization and homeownership in the Decatur area. They engage in activities related to the development of public, low-income, and affordable housing, expanding their scope to encompass commercial and business initiatives that serve as auxiliaries to these housing projects. The organization's objectives are aligned with community betterment, working to improve living conditions and promote affordable housing options for Decatur residents.
Official website here: www.decaturhousing.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
Decatur Pilot Nfp has achieved an impressive 90% rating, reflecting its strong commitment to accountability and financial management. The organization boasts a perfect score in key areas such as having a majority of independent board members, demonstrating transparency in its financial practices, and maintaining a solid ratio of program expenses to overall expenses. These factors contribute to a robust reputation for effective financial stewardship.
The organization scored full points in various categories, including its conflict of interest policy and the absence of material diversion of assets, indicating a high level of ethical governance. However, it is noted that the organization is missing a whistleblower policy, which may be seen as a limitation in its overall governance framework. Despite this, the presence of comprehensive documentation, such as meeting minutes and a retention policy, highlights its commitment to transparency.
Overall, Decatur Pilot Nfp stands out as a well-managed nonprofit with strengths in financial practices and board independence. The areas needing improvement, particularly regarding the whistleblower policy, suggest that while the organization is on solid ground, there are opportunities for enhancing its governance further.
This AI summary has been generated from information found on Charity Navigator.
Is Decatur Pilot Nfp legitimate?
Decatur Pilot Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Decatur Pilot Nfp 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.decaturhousing.com
What is the mission statement of Decatur Pilot Nfp?
Decatur Pilot NFP was established as a tax-exempt, non-profit organization with a charitable purpose. Its primary focus is on the development of public, low-income, and affordable housing. This includes the creation of commercial and business initiatives as auxiliary projects to support these housing developments. The organization's activities are designed to contribute positively to the housing sector, aiming to provide affordable living solutions for a wide range of individuals.
Official website here: www.decaturhousing.com
Who is the CEO of Decatur Pilot Nfp?
Jennifer Sykes is the Chairperson of Decatur Pilot Nfp.
Official website here: www.decaturhousing.com
What is the revenue of Decatur Pilot Nfp?
Decatur Pilot Nfp's revenue in 2023 was $174,543.
Official website here: www.decaturhousing.com
Who are the executives of Decatur Pilot Nfp and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.decaturhousing.com
Where can I find the form 990 for Decatur Pilot Nfp?
Decatur Pilot Nfp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.decaturhousing.com
Learn more at the official website: www.decaturhousing.com
Mission Statement of Decatur Pilot Nfp
Decatur Pilot Nfp, a tax-exempt, not-for-profit organization, was established with a charitable purpose. Its mission is to contribute to the development of public, low-income, and affordable housing. This mission extends beyond just housing, as Decatur Pilot Nfp also engages in activities related to commercial and business initiatives, which are created as an adjunct to and in connection with public, low-income, and affordable housing projects. In essence, Decatur Pilot Nfp is dedicated to enhancing living conditions for various income groups by promoting the construction and improvement of housing facilities, as well as supporting related commercial and business ventures.
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Impact
October, 2024
Decatur Pilot NFP significantly impacts the Decatur community by focusing on the development of public, low-income, and affordable housing. It plays a crucial role in revitalizing neighborhoods and promoting homeownership, which enhances the quality of life for residents. By engaging in activities that support affordable housing initiatives, Decatur Pilot NFP aids in creating stable and sustainable communities.
Additionally, the organization seeks to foster commercial and business development connected to these housing projects, which can lead to job creation and economic growth in the area. This holistic approach not only addresses housing needs but also stimulates local economies, contributing to a vibrant and engaged community in Decatur, Illinois. Through its charitable efforts, Decatur Pilot NFP helps to ensure that residents have access to safe and affordable living conditions, ultimately improving overall community health and well-being.
This information is meant to be a general summary of Decatur Pilot Nfp. 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: $163,387
- Gross Receipts: $174,543
Assets and Liabilities:
- Total Assets: $5,975,315
- Total Liabilities: $0
- Net Assets: $5,975,315
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Organization Details
Founding Year
2005
Phone
(217) 423-7711Principal Officer
Jennifer Sykes
Main Address
1808 E LOCUST STREET, DECATUR, IL, 62521
Website
www.decaturhousing.comNTEE Category
Code: P20 - Human services
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