Twin Rivers Opportunities Inc

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

EIN: 560928836 ✦ New bern, NC ✦ Designated as a 501(c)(3)

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Overview

What is Twin Rivers Opportunities Inc?

Twin Rivers Opportunities Inc is a nonprofit organization, committed to serving low-income families. Their primary mission is to provide housing assistance through the Section 8 Voucher Program, in accordance with guidelines set by the U.S. Department of Housing and Urban Development (HUD). This program enables them to offer rent subsidies to eligible low-income families. The organization's primary activity revolves around housing, aiming to improve living conditions for this population.


Official website here: www.twinrivershousing.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

Twin Rivers Opportunities Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization has a perfect score in several areas, including the independence of its board members and the absence of material diversion of assets, indicating a high level of transparency and governance.

The organization demonstrates a commitment to fiscal responsibility, with a program expense ratio of 100%. This suggests that all of its expenditures are directed toward its programs, maximizing the impact of donations received. The presence of documented policies and procedures further supports the nonprofit’s dedication to ethical operations and accountability.

While the data highlights the nonprofit's strengths in governance and financial management, it's important for potential donors to also consider the specific programs and services provided by Twin Rivers Opportunities Inc. Overall, the organization’s high rating indicates a reliable and trustworthy option for philanthropic support.


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

Is Twin Rivers Opportunities Inc legitimate?

Twin Rivers Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Twin Rivers Opportunities 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $379,106

For more financial information, click here


Official website here: www.twinrivershousing.org

What is the mission statement of Twin Rivers Opportunities Inc?

Twin Rivers Opportunities Inc is committed to providing housing solutions for low-income populations. Their mission is primarily achieved through the Section 8 Voucher Program, which offers subsidized rent to eligible families in accordance with HUD guidelines. This program enables these families to secure decent and affordable housing, thereby improving their living conditions. The organization's work is instrumental in ensuring that individuals from lower income backgrounds have access to suitable housing options.


Official website here: www.twinrivershousing.org

Who is the CEO of Twin Rivers Opportunities Inc?

Cynthia Dixon is the Executive Di of Twin Rivers Opportunities Inc.


Official website here: www.twinrivershousing.org

What is the revenue of Twin Rivers Opportunities Inc?

Twin Rivers Opportunities Inc's revenue in 2022 was $5,873,122.


Official website here: www.twinrivershousing.org

Who are the executives of Twin Rivers Opportunities Inc and what are their salaries?

The average compensation at Twin Rivers Opportunities Inc during 2022 was $42,123. There are 9 employees at Twin Rivers Opportunities Inc.


Here are 6 key members and their salaries:


Cynthia Dixon (Executive Di)
  • Compensation: $100,242
  • Related: $0
  • Other: $6,014
Teresa Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Godette (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norma Sermon-Boyd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marshall Williams (Vice-Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Wingate (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.twinrivershousing.org

Where can I find the form 990 for Twin Rivers Opportunities Inc?

Twin Rivers Opportunities Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.twinrivershousing.org

Learn more at the official website: www.twinrivershousing.org

Mission Statement of Twin Rivers Opportunities Inc

Twin Rivers Opportunities Inc, a nonprofit organization, is committed to providing housing solutions for individuals and families with limited income. Their primary mission is to offer assistance through the Section 8 Voucher Program. Under this program, Twin Rivers Opportunities Inc provides subsidies to eligible low-income families, helping them to afford rent within the confines of the guidelines set forth by the HUD program. By offering this service, the organization plays a significant role in ensuring that low-income families have access to adequate housing, thereby contributing to their overall well-being and stability.

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Impact




July, 2024

Twin Rivers Opportunities Inc provides essential housing support for low-income populations through their Section 8 Voucher program. By offering rent subsidies to eligible families in accordance with HUD guidelines, they play a vital role in ensuring that individuals and families have access to safe and affordable housing. Through their dedicated efforts in New Bern, NC, Twin Rivers Opportunities Inc makes a direct impact on the community by addressing the critical need for housing assistance among vulnerable individuals.




This information is meant to be a general summary of Twin Rivers Opportunities 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.

Revenue
$5,873,122 (2022)
Expenses
$6,055,794 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $548
  • Gross Receipts: $5,873,122

Assets and Liabilities:

  • Total Assets: $1,111,953
  • Total Liabilities: $306,393
  • Net Assets: $805,560

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Organization Details

Founding Year

1966

Principal Officer

Cynthia Dixon

Main Address

PO BOX 1482, NEW BERN, NC, 28563

NTEE Category

Code: L21 - Housing

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