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Pentacostal Holiness Church Housing

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

EIN: 550521174 ✦ Saint albans, WV ✦ Designated as a 501(c)(3)

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Overview

What is Pentacostal Holiness Church Housing?

Pentecostal Holiness Church Housing is a nonprofit organization situated in Saint Albans, West Virginia. Their primary objective is to offer low-cost, subsidized housing solutions, as indicated by their mission. In the previous year, they reported a revenue of $793,375, demonstrating their operational capacity and commitment to their cause. This organization plays a significant role in providing housing support services to its community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)

Pentacostal Holiness Church Housing has received a rating of 67%, indicating a need for improvement in various accountability and financial practices. The organization boasts a fully independent board, scoring full points in that category, which is a strong point for governance. Additionally, it shows a favorable program expense ratio of 100%, suggesting that all its expenses are directed towards its programs.

However, significant concerns exist regarding transparency and compliance, as the organization has not provided financial statements, resulting in a score of 0 out of 15 points in that area. Moreover, various essential policies, including conflict of interest and whistleblower policies, are missing, which raises questions about governance practices. The absence of a website listed on the tax form and other documentation also contributes to a lower assessment overall.

In summary, while Pentacostal Holiness Church Housing has solid governance in terms of board independence and commitment to its programs, the lack of financial transparency and essential policies hinder its overall rating and effectiveness in public accountability. Improvements in these areas could enhance the organization's standing and trustworthiness.


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

Is Pentacostal Holiness Church Housing legitimate?

Pentacostal Holiness Church Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pentacostal Holiness Church Housing 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: $300,441

For more financial information, click here

What is the mission statement of Pentacostal Holiness Church Housing?

Pentecostal Holiness Church Housing's mission is centered around providing affordable housing solutions. Specifically, they offer subsidized housing options to support individuals in need. Their activities yielded an annual revenue of $793,375, demonstrating their commitment to this cause. However, the information does not provide details on their broader goals or objectives beyond this primary service.

Who is the CEO of Pentacostal Holiness Church Housing?

Tommy L Vass is the President of Pentacostal Holiness Church Housing.

What is the revenue of Pentacostal Holiness Church Housing?

Pentacostal Holiness Church Housing's revenue in 2022 was $768,079.

Who are the executives of Pentacostal Holiness Church Housing and what are their salaries?

The average compensation at Pentacostal Holiness Church Housing during 2022 was $37,555. There are 8 employees at Pentacostal Holiness Church Housing.


Here are 6 key members and their salaries:


Tommy Vass (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul S Atkins (Secretary / Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Atkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Caperton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Mills (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles B Price (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pentacostal Holiness Church Housing?

Pentacostal Holiness Church Housing's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pentacostal Holiness Church Housing

Pentecostal Holiness Church Housing is a nonprofit organization dedicated to providing low-rent, subsidized housing. Through its housing support services, the organization aims to make a significant impact in the lives of those in need. Last year, Pentecostal Holiness Church Housing generated a total revenue of $793,375, demonstrating its commitment to this cause. The organization's mission is to offer affordable housing solutions, contributing to the well-being and stability of the community it serves.

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Impact




July, 2024

Pentacostal Holiness Church Housing's impact is significant in providing low-rent, subsidized housing to individuals in need. This organization plays a crucial role in addressing housing insecurity in the community of Saint Albans, WV. By offering housing support services, Pentacostal Holiness Church Housing not only provides affordable housing options but also contributes to the overall well-being and stability of its residents. The $793,375 in revenues generated last year reflects the tangible impact this organization has on addressing the housing needs of vulnerable populations.




This information is meant to be a general summary of Pentacostal Holiness Church Housing. 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
$768,079 (2022)
Expenses
$780,998 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $62
  • Program Service Revenue: $155,453
  • Gross Receipts: $768,079

Assets and Liabilities:

  • Total Assets: $1,227,388
  • Total Liabilities: $57,851
  • Net Assets: $1,169,537

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Programs

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

Rental Income

Revenue

$170,310

Miscellaneous

Revenue

$64

Damages Income

Revenue

$464

Utility Allowance

Revenue

-$15,385

Organization Details

Founding Year

1970

Principal Officer

Tommy L Vass

Main Address

PO Box 487, Saint Albans, WV, 25177

NTEE Category

Code: L200 - Housing

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