Overview
What is Pee Dee Housing Development Corporation?
Pee Dee Housing Development Corporation is a nonprofit organization situated in Florence, South Carolina. Their primary mission revolves around providing housing solutions for low-income individuals struggling with mental illnesses. The organization's activities are centered around offering a safe and supportive living environment, aiming to enhance the overall quality of life for its residents. With a focus on this specific demographic, Pee Dee Housing Development Corporation contributes significantly to the local community by addressing a critical need for affordable and appropriate housing options.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Pee Dee Housing Development Corporation has earned a Three-Star rating from Charity Navigator, reflecting a strong performance in Accountability & Finance with a score of 82%. This rating is a significant indicator of the organization’s financial health and transparency, derived entirely from its accountability measures. The organization showcases a robust commitment to governance, with a fully independent board and a high percentage of program expenses directed towards its mission.
The nonprofit has demonstrated excellence in several key areas, including maintaining a low liabilities-to-assets ratio of 9.60%, which indicates a solid financial foundation. Additionally, it has achieved high scores for its financial statements and board governance practices, including the documentation of board meeting minutes and the absence of material diversion of assets. This level of accountability suggests that the organization is well-managed and prioritizes responsible stewardship of its resources.
While the overall rating is commendable, it is important for potential donors and stakeholders to consider that the rating is based solely on financial metrics. There may be other qualitative factors not captured by this score, such as program effectiveness or community impact, which could provide a more comprehensive view of the organization's work and reach.
This AI summary has been generated from information found on Charity Navigator.
Is Pee Dee Housing Development Corporation legitimate?
Pee Dee Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pee Dee Housing Development Corporation 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: $0
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What is the mission statement of Pee Dee Housing Development Corporation?
The Pee Dee Housing Development Corporation is committed to serving the housing needs of low-income individuals who are also dealing with mental illness. Their primary mission is to provide suitable living spaces for these individuals, ensuring they have a secure and supportive environment. By doing so, the organization aims to contribute positively to their well-being and overall quality of life. The corporation actively works towards breaking down barriers and stigmas associated with mental illness, promoting inclusivity and equal opportunities for all. Their mission is centered around creating an environment where individuals with mental illness can live independently and with dignity.
Who is the CEO of Pee Dee Housing Development Corporation?
Paul T Williamson is the President of Pee Dee Housing Development Corporation.
What is the revenue of Pee Dee Housing Development Corporation?
Pee Dee Housing Development Corporation's revenue in 2022 was $764,042.
Who are the executives of Pee Dee Housing Development Corporation and what are their salaries?
There 6 volunteers at Pee Dee Housing Development Corporation.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Pee Dee Housing Development Corporation?
Pee Dee Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pee Dee Housing Development Corporation
Pee Dee Housing Development Corporation, as stated in its mission, is dedicated to providing housing solutions for individuals who are financially disadvantaged and live with mental illness. This organization's primary goal is to offer a safe and supportive living environment for these individuals, ensuring they have access to the necessary resources to lead fulfilling lives. By providing housing, Pee Dee Housing Development Corporation contributes to their residents' overall well-being, fostering an atmosphere of stability and support that is crucial for individuals dealing with mental health challenges.
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Impact
July, 2024
Pee Dee Housing Development Corporation's impact is significant in providing housing to low-income mentally ill individuals in Florence, SC. By offering stable and supportive housing solutions, the organization helps improve the quality of life for this vulnerable population. Their mission to address the housing needs of mentally ill individuals contributes to promoting mental health, stability, and overall well-being in the community. Through their efforts, Pee Dee Housing Development Corporation plays a crucial role in addressing an important social issue and making a positive difference in the lives of those they serve.
This information is meant to be a general summary of Pee Dee Housing Development Corporation. 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 2022.
- Investment Income: $32
- Program Service Revenue: $96,180
- Gross Receipts: $764,042
Assets and Liabilities:
- Total Assets: $1,611,801
- Total Liabilities: $154,792
- Net Assets: $1,457,009
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$96,180
Organization Details
Founding Year
1990
Phone
(843) 621-1115Principal Officer
Paul T Williamson
Main Address
PO BOX 7121, FLORENCE, SC, 29502
NTEE Category
Code: L20 - Housing
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