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People Improving Communities And Neighborhoods Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 454806309 ✦ Fall river, MA ✦ Designated as a 501(c)(3)

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Overview

What is People Improving Communities And Neighborhoods Inc?

People Improving Communities and Neighborhoods Inc, headquartered in Fall River, Massachusetts, is a nonprofit organization dedicated to addressing housing needs. Their primary mission is to offer affordable housing solutions to individuals and families with modest incomes. By providing this vital service, they aim to contribute positively to their communities, thereby improving overall neighborhood conditions.


Official website here: www.peopleincfr.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Star rating)

People Improving Communities And Neighborhoods Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 82%. This rating is derived solely from the Accountability & Finance beacon, indicating a strong focus on transparency and responsible financial management. The charity has achieved a perfect score in several key areas, including independent board composition and conflict of interest policies, which suggests a robust governance structure.

The organization demonstrates commendable accountability with a high program expense ratio of 81.96%, indicating that a significant portion of its resources directly supports its programs and mission. Additionally, the charity has established essential policies regarding whistleblowers and document retention, reinforcing its commitment to ethical practices. This level of transparency is beneficial for donor confidence and community trust.

However, while the financial health and governance practices are strong, details regarding the charity's specific programs and their impact are not highlighted in the available data. Potential donors may seek more information about the outcomes of the charity's initiatives to fully understand its effectiveness in improving communities and neighborhoods.


This AI summary has been generated from information found on Charity Navigator.

Is People Improving Communities And Neighborhoods Inc legitimate?

People Improving Communities And Neighborhoods Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. People Improving Communities And Neighborhoods 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: $0

For more financial information, click here


Official website here: www.peopleincfr.org

What is the mission statement of People Improving Communities And Neighborhoods Inc?

People Improving Communities and Neighborhoods Inc is committed to providing affordable housing solutions for individuals with moderate and low incomes. Their mission encompasses offering housing that is financially accessible, ensuring that everyone has a place to call home regardless of their income level. The organization's activities are centered around this mission, continually striving to make housing more affordable for those who need it most. By doing so, they contribute to the betterment of communities and neighborhoods, providing a stable living environment for numerous families.


Official website here: www.peopleincfr.org

Who is the CEO of People Improving Communities And Neighborhoods Inc?

Megan Stirk is the Chairperson of People Improving Communities And Neighborhoods Inc. The CEO's salary of People Improving Communities And Neighborhoods Inc is $0 and their total compensation is $316,840.


Official website here: www.peopleincfr.org

What is the revenue of People Improving Communities And Neighborhoods Inc?

People Improving Communities And Neighborhoods Inc's revenue in 2022 was $59,570.


Official website here: www.peopleincfr.org

Who are the executives of People Improving Communities And Neighborhoods Inc and what are their salaries?


Here are 10 key members and their salaries (People Improving Communities And Neighborhoods Inc's CEO's salary is $0 and their total compensation is $316,840):


Rene Lachapelle (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Dutra (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Burns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerri Cordeiro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Medeiros (Director (To 7/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Taylor Torres (Director (As Of 11/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Raposa (Director (As Of 11/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Stirk (President/Ceo)
  • Compensation: $0
  • Related: $247,708
  • Other: $69,132
William Perkins (Coo)
  • Compensation: $0
  • Related: $215,836
  • Other: $33,134
Elizabeth Machado (Cfo)
  • Compensation: $0
  • Related: $169,550
  • Other: $40,546


Official website here: www.peopleincfr.org

Where can I find the form 990 for People Improving Communities And Neighborhoods Inc?

People Improving Communities And Neighborhoods Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.peopleincfr.org

Learn more at the official website: www.peopleincfr.org

Mission Statement of People Improving Communities And Neighborhoods Inc

People Improving Communities and Neighborhoods Inc, as its name suggests, is dedicated to providing affordable housing solutions for individuals and families with moderate to low incomes. Their mission is to alleviate housing-related challenges by offering affordable housing options, thereby contributing to the betterment of their communities. This nonprofit organization's primary goal is to make housing accessible and affordable for those who might otherwise struggle to secure suitable living arrangements. By providing affordable housing, People Improving Communities and Neighborhoods Inc aims to promote stability and improve the overall quality of life for its beneficiaries.

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Impact




August, 2024

People Improving Communities And Neighborhoods Inc positively impacts the community by providing affordable housing options for low and moderate-income individuals in Fall River, MA. Through their mission to create affordable housing opportunities, they directly improve the quality of life for those in need and help address housing challenges in the area. Their efforts contribute to building stronger neighborhoods and fostering a sense of community among residents facing financial constraints.




This information is meant to be a general summary of People Improving Communities And Neighborhoods 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.

Revenue
$59,570 (2022)
Expenses
$51,746 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $117
  • Program Service Revenue: $59,453
  • Gross Receipts: $59,570

Assets and Liabilities:

  • Total Assets: $1,414,151
  • Total Liabilities: $1,524,591
  • Net Assets: -$110,440

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CLIENT FEES

Revenue

$59,453

Organization Details

Founding Year

2012

Principal Officer

Megan Stirk

Main Address

4 SOUTH MAIN STREET, FALL RIVER, MA, 02721

NTEE Category

Code: L21 - Housing

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