Overview
What is Pocahontas Housing Authority Inc?
Pocahontas Housing Authority Inc, situated in Pocahontas, Arkansas, is a dedicated public institution with a mission to offer affordable housing solutions to the elderly population who fall under the low-income bracket. The primary objective of this organization is to prioritize their housing needs, thereby contributing to their overall well-being and quality of life. This nonprofit organization is committed to fulfilling its mission through providing suitable housing accommodations for this specific demographic.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star Rating.
Pocahontas Housing Authority Inc has received a solid overall score of 82%, reflecting a strong performance in accountability and finance. This score is based entirely on their accountability and finance metrics, indicating a transparent operational approach and prudent financial management. The organization has demonstrated excellent governance with 100% of board members being independent.
The housing authority achieved high marks in several key areas, including a perfect score for its financial statements and no material diversion of assets. With 85.71% of its expenses directed towards programs, it shows a commitment to its mission. The organization’s low liabilities to assets ratio of 2.80% further highlights its financial stability.
However, while the rating is commendable, it is important to note that it is based solely on one aspect of performance. Potential donors might consider looking into program outcomes and community impact for a more comprehensive understanding of the organization’s effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Pocahontas Housing Authority Inc legitimate?
Pocahontas Housing Authority Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pocahontas Housing Authority 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: $71,855
Professional Fundraising Fees: $0
Other Salaries and Wages: $243,253
For more financial information, click here
What is the mission statement of Pocahontas Housing Authority Inc?
The Pocahontas Housing Authority, as a public facility, is committed to providing affordable housing for the elderly. Its mission is centered around offering suitable living spaces for individuals with limited income within this age group. This organization is dedicated to enhancing the living conditions of its residents, ensuring they have a comfortable and secure environment to call home.
What is the revenue of Pocahontas Housing Authority Inc?
Pocahontas Housing Authority Inc's revenue in 2024 was $1,025,440.
Who are the executives of Pocahontas Housing Authority Inc and what are their salaries?
The average compensation at Pocahontas Housing Authority Inc during 2024 was $31,511. There are 10 employees at Pocahontas Housing Authority Inc.
Here are 11 key members and their salaries:
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- Compensation: $71,855
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Where can I find the form 990 for Pocahontas Housing Authority Inc?
Pocahontas Housing Authority Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Pocahontas Housing Authority Inc
Pocahontas Housing Authority, as a nonprofit organization, is committed to providing affordable housing for the elderly. Its mission is centered around ensuring that low-income individuals in their golden years have access to suitable living accommodations. This public facility strives to make a significant impact in the lives of the elderly by offering them a place to call home. The organization's primary goal is to contribute to the well-being and comfort of its elderly residents, fostering an environment that promotes dignity and independence.
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Impact
July, 2024
Pocahontas Housing Authority Inc provides essential low-income housing to elderly residents in Pocahontas, Arkansas. By offering affordable housing options for vulnerable individuals, this organization directly contributes to improving the quality of life and well-being of elderly community members. This impact extends beyond just providing shelter; it fosters a sense of security, stability, and support for those who may be facing financial challenges in their later years. Through its dedicated mission, Pocahontas Housing Authority Inc plays a vital role in addressing the housing needs of the elderly population in the area, ensuring that they have a safe and comfortable place to call home.
This information is meant to be a general summary of Pocahontas Housing Authority 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 2024.
- Investment Income: $3,801
- Program Service Revenue: $451,832
- Gross Receipts: $1,025,440
Assets and Liabilities:
- Total Assets: $2,976,200
- Total Liabilities: $83,383
- Net Assets: $2,892,817
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL
Revenue
$325,832
MANAGEMENT
Revenue
$126,000
Organization Details
Founding Year
2016
Principal Officer
Stephanie Thatch
NTEE Category
Code: L20 - Housing
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