Overview
What is Philips Tower Decatur Inc?
Philips Tower Decatur Inc is a nonprofit organization situated in Quitman, Georgia (zip code 31643). They primarily operate through a PO Box address. The organization's primary mission is to provide affordable housing for low-income senior adults. They accomplish this by operating and owning Philips Tower, a HUD apartment building located in Decatur. This building offers residential living for elderly individuals, ensuring they can maintain a decent standard of living. Beyond the housing aspect, Philips Tower Decatur Inc operates as a Christian ministry, striving to enhance the overall quality of life for senior adults by offering exceptional services. The organization employs a team of 12 individuals to carry out its mission.
Official website here: www.phgainc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Philips Tower Decatur Inc has achieved an impressive 96% rating from Charity Navigator, reflecting a strong commitment to accountability and finance. This rating highlights the organization's effective financial management practices, evidenced by a high program expense ratio of 83.50%. Such a ratio indicates that a significant portion of its expenditures is directed towards its programs, enhancing its impact within the community.
The nonprofit benefits from a robust governance structure, with 92% of its board members being independent, ensuring unbiased decision-making. This is complemented by a well-defined audit and oversight committee and a comprehensive conflict of interest policy, all contributing to the organization's transparency and integrity. The presence of documented board meeting minutes further reinforces its commitment to accountability.
However, while the financial health indicators are strong, potential donors or stakeholders may want to consider the programmatic outcomes of the organization, as the rating primarily focuses on financial metrics. Overall, Philips Tower Decatur Inc stands out as a financially sound and well-governed nonprofit, making it a reliable choice for charitable contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Philips Tower Decatur Inc legitimate?
Philips Tower Decatur Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philips Tower Decatur 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: $81,231
Professional Fundraising Fees: $0
Other Salaries and Wages: $541,159
For more financial information, click here
Official website here: www.phgainc.org
What is the mission statement of Philips Tower Decatur Inc?
Philips Tower Decatur Inc, as a Christian ministry, is committed to enhancing the quality of life for senior adults. Their primary activity involves providing affordable residential housing for low-income seniors. The corporation operates and owns Philips Tower, a HUD apartment building, which serves as a home for these elderly individuals. The mission of Philips Tower Decatur Inc is multifaceted, aiming to offer exceptional services that cater to the needs of its senior residents.
Official website here: www.phgainc.org
Who is the CEO of Philips Tower Decatur Inc?
Alex Patterson is the President/Ceo of Philips Tower Decatur Inc. The CEO's salary of Philips Tower Decatur Inc is $0 and their total compensation is $432,916.
Official website here: www.phgainc.org
What is the revenue of Philips Tower Decatur Inc?
Philips Tower Decatur Inc's revenue in 2022 was $3,425,775.
Official website here: www.phgainc.org
Who are the executives of Philips Tower Decatur Inc and what are their salaries?
The average compensation at Philips Tower Decatur Inc during 2022 was $51,866. There are 12 employees and 59 volunteers at Philips Tower Decatur Inc.
Here are 16 key members and their salaries (Philips Tower Decatur Inc's CEO's salary is $0 and their total compensation is $432,916):
- Compensation: $0
- Related: $371,172
- Other: $61,744
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $275,922
- Other: $9,170
- Compensation: $0
- Related: $174,593
- Other: $22,738
- Compensation: $67,304
- Related: $0
- Other: $13,927
Official website here: www.phgainc.org
Where can I find the form 990 for Philips Tower Decatur Inc?
Philips Tower Decatur Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.phgainc.org
Learn more at the official website: www.phgainc.org
Mission Statement of Philips Tower Decatur Inc
Philips Tower Decatur Inc, as a Christian ministry, is dedicated to enhancing the quality of life for senior adults. Their mission is twofold: firstly, they provide affordable residential housing for low-income senior adults. Secondly, they strive to offer exceptional services to cater to the needs of these elderly residents, aiming to improve their overall living experience. The corporation operates and owns Philips Tower, a HUD apartment building, which serves as a home for senior adults in need of affordable housing. Their primary activity revolves around meeting the housing expenses for these elderly individuals, ensuring they have a safe and comfortable living space.
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Impact
July, 2024
Philips Tower Decatur Inc's impact is significant in providing affordable residential housing to low-income senior adults in Decatur, Georgia. The corporation operates and owns Philips Tower, a H.U.D. apartment building that serves as a vital resource for seniors in need of affordable housing. By offering these housing options, Philips Tower Decatur Inc is directly contributing to enhancing the quality of life for senior adults in the community. Its mission as a Christian ministry underscores its commitment to providing exceptional services and support to this vulnerable population, ensuring they have a safe and comfortable place to call home. The organization's focus on housing aligns with its dedication to serving the needs of seniors, making a tangible difference in the lives of many individuals.
This information is meant to be a general summary of Philips Tower Decatur 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,076
- Program Service Revenue: $3,158,057
- Gross Receipts: $3,425,775
Assets and Liabilities:
- Total Assets: $4,345,247
- Total Liabilities: $1,402,557
- Net Assets: $2,942,690
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM AND BOARD
Revenue
$3,158,057
Organization Details
Founding Year
1988
Phone
(229) 263-6191Principal Officer
Alex Patterson
Main Address
PO BOX 926, QUITMAN, GA, 31643
Website
www.phgainc.orgNTEE Category
Code: L22 - Housing
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