Overview
What is Transfiguration Housing Inc?
Transfiguration Housing Inc, located at 6363 Ninth Avenue North, St. Petersburg, FL 33710, is a nonprofit organization dedicated to providing affordable housing and supportive services to low-income elderly and/or handicapped individuals. Regulated by the U.S. Department of Housing and Urban Development (HUD), Transfiguration Housing Inc manages 68 apartment units under Section 202 of the National Housing Act. Their mission extends beyond housing, offering additional services to enhance the quality of life for their residents. With a team of 7 employees, Transfiguration Housing Inc is committed to upholding HUD regulations to maintain a safe and comfortable living environment for its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Transfiguration Housing Inc has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity scored 94% in the Accountability & Finance category, showcasing strong governance practices and efficient financial management, which is crucial for donor trust and support.
The organization excels with a completely independent board, consisting of eight members who ensure unbiased decision-making. With no material diversion of assets reported and all essential policies, such as conflict of interest and whistleblower protections, clearly stated, Transfiguration Housing Inc demonstrates a commitment to transparency and ethical management.
Despite these strengths, potential donors might still want to inquire about the organization's programmatic outcomes, as the data here primarily focuses on financial aspects. However, the high program expense ratio of 85.75% suggests a strong commitment to utilizing funds for its mission rather than administrative costs. Overall, Transfiguration Housing Inc appears to be a responsible and trustworthy nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Transfiguration Housing Inc legitimate?
Transfiguration Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Transfiguration Housing 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: $82,905
For more financial information, click here
What is the mission statement of Transfiguration Housing Inc?
Transfiguration Housing Inc, being a HUD-subsidized and regulated apartment complex, is committed to providing affordable housing and various services to low-income elderly and/or handicapped individuals. Operating under HUD regulations, their mission is aimed at catering to this specific demographic group, as per Section 202 of the National Housing Act. Their primary focus is on ensuring affordable housing, complemented by additional services to support the residents' needs.
Who is the CEO of Transfiguration Housing Inc?
James Wayne is the Vice Preside of Transfiguration Housing Inc.
What is the revenue of Transfiguration Housing Inc?
Transfiguration Housing Inc's revenue in 2022 was $577,451.
Who are the executives of Transfiguration Housing Inc and what are their salaries?
The average compensation at Transfiguration Housing Inc during 2022 was $11,844. There are 7 employees at Transfiguration Housing Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $80,767
- Other: $13,009
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Transfiguration Housing Inc?
Transfiguration Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Transfiguration Housing Inc
Transfiguration Housing Inc, as a HUD-subsidized and regulated apartment complex, is committed to providing affordable housing and various services to low-income elderly and/or handicapped individuals. Operating under HUD regulations, this nonprofit organization's mission is to cater to the housing needs of this specific demographic, ensuring they have a secure and affordable place to call home. The organization provides 68 apartments under Section 202 of the National Housing Act, further emphasizing its dedication to this cause.
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Impact
July, 2024
Transfiguration Housing Inc has a significant impact on low-income elderly and/or handicapped individuals in St. Petersburg, FL by providing affordable housing and other services under HUD regulation. With 68 apartments available for those in need, the organization plays a crucial role in ensuring that this vulnerable population has a safe and secure place to live. Their focus on supporting individuals who may struggle to find housing elsewhere demonstrates their commitment to improving the quality of life for those in need.
This information is meant to be a general summary of Transfiguration Housing 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: $55
- Program Service Revenue: $183,971
- Gross Receipts: $577,451
Assets and Liabilities:
- Total Assets: $8,574,136
- Total Liabilities: $69,226
- Net Assets: $8,504,910
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$183,971
Organization Details
Founding Year
2012
Phone
(727) 893-1313Principal Officer
James Wayne
Main Address
6363 NINTH AVENUE NORTH, ST PETERSBURG, FL, 33710
NTEE Category
Code: L22 - Housing
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