Overview
What is Piedmont Housing Alliance?
Piedmont Housing Alliance is a charitable organization located in Charlottesville, Virginia, with the mission of assisting low-income individuals in securing affordable housing. Their primary objective involves developing housing and community opportunities for families and individuals falling under the very low to moderate income brackets. They proactively teach financial literacy and management skills, as well as homebuying and homeownership techniques, aiming to empower their beneficiaries. Furthermore, Piedmont Housing Alliance champions for affordable housing policies and programs, advocating on behalf of those in need. With a workforce of 72 employees, they strive to make a significant impact in their community.
Official website here: www.piedmonthousingalliance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Piedmont Housing Alliance has received a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization demonstrates exceptional performance in its Accountability & Finance category, scoring 96%. This is largely due to its 100% independent board, thorough financial oversight, and effective policies in place regarding conflicts of interest and whistleblower protection.
Additionally, the nonprofit excels in both Leadership & Adaptability and Culture & Community, achieving perfect scores in these areas. This indicates a robust approach to fostering a positive organizational culture and investing in leadership development, which can enhance its effectiveness in fulfilling its mission to provide housing solutions.
However, the overall score is affected by lower ratings in specific beacons, particularly in Leadership & Adaptability (10%) and Culture & Community (16%). While these areas still score well overall, the lower percentage compared to the other categories may suggest possible room for improvement in how these dimensions are assessed or communicated. Nevertheless, the strong accountability and financial metrics present a positive outlook for the organization's sustainability and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Piedmont Housing Alliance legitimate?
Piedmont Housing Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Piedmont Housing Alliance 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: $414,049
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,704,754
For more financial information, click here
Official website here: www.piedmonthousingalliance.org
What is the mission statement of Piedmont Housing Alliance?
The mission of Piedmont Housing Alliance, a non-profit organization, is centered around creating housing and community development opportunities for individuals and families with moderate to low income. They also focus on educating these individuals about financial literacy and management, as well as homebuying and homeownership skills. In addition, Piedmont Housing Alliance advocates for policies and programs that promote affordable housing. Their efforts aim to empower their community members to secure and manage their housing effectively.
Official website here: www.piedmonthousingalliance.org
Who is the CEO of Piedmont Housing Alliance?
Sunshine Mathon is the Executive Di of Piedmont Housing Alliance.
Official website here: www.piedmonthousingalliance.org
What is the revenue of Piedmont Housing Alliance?
Piedmont Housing Alliance's revenue in 2023 was $5,943,516.
Official website here: www.piedmonthousingalliance.org
Who are the executives of Piedmont Housing Alliance and what are their salaries?
The average compensation at Piedmont Housing Alliance during 2023 was $43,317. There are 72 employees and 20 volunteers at Piedmont Housing Alliance.
Here are 15 key members and their salaries:
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- Compensation: $120,488
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- Compensation: $101,291
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Official website here: www.piedmonthousingalliance.org
Where can I find the form 990 for Piedmont Housing Alliance?
Piedmont Housing Alliance's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.piedmonthousingalliance.org
Learn more at the official website: www.piedmonthousingalliance.org
Mission Statement of Piedmont Housing Alliance
Piedmont Housing Alliance, a dedicated nonprofit organization, is committed to creating housing and community development opportunities for individuals and families with low to moderate incomes. The mission of this organization is multifaceted, encompassing several key aspects. Firstly, Piedmont Housing Alliance strives to provide a platform for affordable housing, recognizing the fundamental need for a secure living space.
Beyond just housing, the organization also places a strong emphasis on financial literacy and management. Through various programs, it teaches individuals essential skills such as budgeting and saving, equipping them with the tools necessary to maintain financial stability. Moreover, the organization offers guidance on homebuying and homeownership, empowering individuals to become homeowners and build a sense of permanence and security in their lives.
In addition to these direct services, Piedmont Housing Alliance is an advocate for affordable housing policies and programs. It actively lobbies for policies that will make housing more accessible and affordable for those in need, ensuring that everyone has the opportunity to secure a safe and dignified home. In essence, Piedmont Housing Alliance is a beacon of hope for low-income individuals, providing them with the resources and support they need to improve their living situations and build a better future.
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Impact
July, 2024
Piedmont Housing Alliance creates housing and community development opportunities for very low to moderate-income families and individuals in Charlottesville, VA. They teach financial literacy, management, homebuying, and homeownership skills while advocating for affordable housing policies and programs. Their impact is evident in assisting low-income individuals with affordable housing solutions, empowering them with the necessary skills and knowledge to achieve stable housing situations. Through their efforts, Piedmont Housing Alliance is making a meaningful contribution to addressing housing affordability challenges in the community.
This information is meant to be a general summary of Piedmont Housing Alliance. 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: $332,108
- Program Service Revenue: $1,642,319
- Gross Receipts: $6,496,859
Assets and Liabilities:
- Total Assets: $42,211,743
- Total Liabilities: $17,497,915
- Net Assets: $24,713,828
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY MANGEMENT FEES
Revenue
$1,642,319
Organization Details
Founding Year
1985
Phone
(434) 817-2436Principal Officer
Sunshine Mathon
Main Address
682 BERKMAR CIRCLE, CHARLOTTESVILLE, VA, 22901
NTEE Category
Code: L80Z - Housing
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