Overview
What is People Incorporated Housing Group?
People Incorporated Housing Group is a Virginia-based nonprofit organization, specifically located at 1173 West Main Street in Abingdon. Their primary mission revolves around providing affordable community housing for individuals and families with low to moderate income. They achieve this by constructing or purchasing properties and making them available to those in need. By doing so, they enhance the quality of living for these individuals and contribute to the development and improvement of their communities.
Official website here: www.peopleinc.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% - Four-Star out of Four Stars
People Incorporated Housing Group has achieved an exceptional Four-Star rating from Charity Navigator, indicating strong financial health and accountability. The perfect score is derived solely from their Accountability & Finance beacon, signifying that the organization maintains high standards in financial management and transparency.
The organization boasts a fully independent board, which is important for governance and decision-making processes. With 12 independent board members and comprehensive policies in place, including conflict of interest and whistleblower protections, People Incorporated demonstrates a commitment to ethical practices. Their financial metrics, such as a high program expense ratio of 99.88%, suggest that nearly all of their funds are devoted to their mission-related activities.
While the data reflects strong operational integrity and financial stability, it is important to note that the analysis is limited to the accountability and finance aspects. Future evaluations could benefit from insights into program outcomes and community impact to provide a more complete picture of the organization's effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is People Incorporated Housing Group legitimate?
People Incorporated Housing Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. People Incorporated Housing Group 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: $70,518
For more financial information, click here
Official website here: www.peopleinc.net
What is the mission statement of People Incorporated Housing Group?
The People Incorporated Housing Group is dedicated to providing quality housing solutions for low-income individuals. Through the construction or purchase of properties, this organization aims to make a difference in people's lives. Their mission is to develop and improve community housing for families and individuals falling under the low to moderate income bracket. By offering affordable housing options, the People Incorporated Housing Group strives to contribute positively to the community and ensure that everyone has a safe and comfortable place to call home.
Official website here: www.peopleinc.net
Who is the CEO of People Incorporated Housing Group?
Bryan Phipps is the CEO of People Incorporated Housing Group The CEO's salary of People Incorporated Housing Group is $0 and their total compensation is $195,311.
Official website here: www.peopleinc.net
What is the revenue of People Incorporated Housing Group?
People Incorporated Housing Group's revenue in 2024 was $2,214,062.
Official website here: www.peopleinc.net
Who are the executives of People Incorporated Housing Group and what are their salaries?
There 14 volunteers at People Incorporated Housing Group.
Here are 16 key members and their salaries (People Incorporated Housing Group's CEO's salary is $0 and their total compensation is $195,311):
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- Related: $191,482
- Other: $3,829
- Compensation: $0
- Related: $123,360
- Other: $16,599
Official website here: www.peopleinc.net
Where can I find the form 990 for People Incorporated Housing Group?
People Incorporated Housing Group's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.peopleinc.net
Learn more at the official website: www.peopleinc.net
Mission Statement of People Incorporated Housing Group
People Incorporated Housing Group, a notable nonprofit organization, is dedicated to providing quality housing for low-income individuals. Through the construction or purchase of properties, this group strives to make a difference in people's lives.
The mission of People Incorporated Housing Group is multi-faceted. At its core, it is committed to offering affordable community housing developments and improvements for families and individuals with low to moderate incomes. By providing quality housing, this organization aims to contribute to the overall well-being and stability of its residents.
People Incorporated Housing Group takes a proactive approach in addressing the housing needs of its community. By investing in the construction or acquisition of properties, it ensures that low-income individuals have access to safe and comfortable living spaces. These efforts not only provide shelter but also contribute to the sense of community and belonging for those who might otherwise struggle to find affordable housing options.
In summary, People Incorporated Housing Group is a compassionate organization that puts quality housing within reach for low-income individuals. Through its mission to construct or purchase properties, it offers more than just a roof over their heads – it provides a stable foundation for a better future.
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Impact
October, 2024
People Incorporated Housing Group creates significant positive change in communities by providing quality housing to low-income individuals and families. Through the construction and purchase of properties, they ensure that affordable housing is accessible to those in need. Their efforts focus on the development and improvement of community housing, enhancing the stability and quality of life for low to moderate-income families in Abingdon, VA, and surrounding areas. By prioritizing affordable housing solutions, they help foster vibrant, inclusive communities where all residents have a place to call home.
This information is meant to be a general summary of People Incorporated Housing Group. 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: $94,373
- Program Service Revenue: $2,068,189
- Gross Receipts: $2,214,062
Assets and Liabilities:
- Total Assets: $23,796,045
- Total Liabilities: $6,615,999
- Net Assets: $17,180,046
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT/DEVELOPER FEE
Revenue
$2,068,189
Organization Details
Founding Year
2004
Principal Officer
Bryan Phipps
Website
www.peopleinc.netNTEE Category
Code: L80 - Housing
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