Overview
What is Kpcc Housing Corporation?
KPCC Housing Corporation is a nonprofit organization committed to offering housing solutions to eligible individuals. Their mission encompasses providing residential accommodations through various programs, with a notable focus on HUD Section 811. This section presumably refers to a housing assistance program for people with disabilities, ensuring they have access to safe and affordable living spaces. KPCC Housing Corporation's primary goal is to contribute positively to the lives of these individuals by addressing their housing needs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (58%)
Kpcc Housing Corporation has received a one-star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. The overall score, which is solely based on the Accountability & Finance beacon, highlights strengths such as a fully independent board and good practices in documenting board meeting minutes and managing program expenses efficiently.
Despite these strengths, the organization faces notable weaknesses, particularly in its financial ratios. The liabilities to assets ratio is particularly alarming at 376.06%, which raises concerns about the organization's financial health and sustainability. This high ratio significantly impacted the overall score, reflecting a potential risk in the organization's ability to meet its obligations.
Overall, while Kpcc Housing Corporation demonstrates strong governance practices with an independent board and effective program spending, the financial concerns highlighted in the rating suggest that potential donors should exercise caution and conduct further research before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Kpcc Housing Corporation legitimate?
Kpcc Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kpcc Housing Corporation 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: $11,474
For more financial information, click here
What is the mission statement of Kpcc Housing Corporation?
KPCC Housing Corporation's mission is centered around providing housing opportunities for eligible individuals. They accomplish this mission through various programs, with a significant focus on housing assistance under HUD Section 811. The corporation's objective is to ensure that qualified individuals have access to suitable housing solutions. By offering these housing programs, KPCC Housing Corporation aims to contribute positively to the lives of those in need, enhancing their overall living conditions.
What is the revenue of Kpcc Housing Corporation?
Kpcc Housing Corporation's revenue in 2024 was $37,966.
Who are the executives of Kpcc Housing Corporation and what are their salaries?
The average compensation at Kpcc Housing Corporation during 2024 was $11,474. There is 1 employee at Kpcc Housing Corporation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kpcc Housing Corporation?
Kpcc Housing Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Kpcc Housing Corporation
Kpcc Housing Corporation, as a nonprofit organization, is dedicated to providing housing solutions for qualified individuals. Their mission is carried out through various programs, one of which involves offering housing under HUD Section 811. This commitment to housing involves providing suitable living spaces for individuals who meet the organization's qualification criteria. By focusing on this essential need, Kpcc Housing Corporation aims to contribute positively to the lives of the individuals they serve, thereby promoting stability and well-being in their communities.
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Impact
August, 2024
Kpcc Housing Corporation provides housing to qualified individuals, making a direct impact on the community by addressing the pressing need for affordable housing. Specifically, the organization offers housing under HUD Section 811, helping individuals find safe and stable living arrangements. This impact extends beyond just providing shelter, as access to housing is a fundamental building block for individuals to thrive and succeed in various aspects of their lives. By fulfilling this crucial need, Kpcc Housing Corporation contributes to enhancing the quality of life for those it serves in Valentine, NE.
This information is meant to be a general summary of Kpcc Housing Corporation. 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 2024.
- Investment Income: $10
- Program Service Revenue: $35,298
- Gross Receipts: $37,966
Assets and Liabilities:
- Total Assets: $156,767
- Total Liabilities: $589,551
- Net Assets: -$432,784
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$35,298
Organization Details
Founding Year
2000
Principal Officer
Martin Denaeyer
NTEE Category
Code: L21 - Housing
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