Overview
What is Walnut Village Inc?
Walnut Village Inc, situated in Cookeville, Tennessee, is a nonprofit organization that serves the community by providing subsidized housing through Section 8 programs. Specifically, they cater to low to moderate income individuals, the elderly, and those with disabilities, residing in Putnam County, Tennessee. Their mission revolves around operating a housing development that supports the needs of this particular demographic.
Official website here: www.highlandsrs.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
Walnut Village Inc has achieved a remarkable score of 97%, earning it a Four-Star rating from Charity Navigator. This rating is solely derived from the Accountability & Finance category, highlighting the organization's strong financial health and commitment to transparency. The high score reflects the absence of any material diversion of assets and a robust governance structure, indicated by its entirely independent board of directors.
The organization excels in key areas such as program expense ratio, with an impressive 99.87%, suggesting that nearly all of its funds are directed towards its programs. Additionally, Walnut Village Inc demonstrates strong compliance with financial policies, possessing a conflict of interest policy, whistleblower policy, and clear documentation of board meeting minutes, all of which contribute to its accountability standards.
Despite its high rating, potential donors and supporters should consider that the score is based purely on financial metrics. While Walnut Village Inc shows no immediate weaknesses in the areas assessed, further evaluation of its program impact and community engagement would provide a more comprehensive view of its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Walnut Village Inc legitimate?
Walnut Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walnut Village 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:
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For more financial information, click here
Official website here: www.highlandsrs.com
What is the mission statement of Walnut Village Inc?
Walnut Village Inc is dedicated to providing affordable housing for individuals with low to moderate income, the elderly, and those with disabilities. Their mission is to operate a Section 8 housing development, ensuring that these groups have access to a suitable living environment. Their primary objective is to make housing more accessible and affordable for those who require it the most. Walnut Village Inc actively works towards promoting inclusivity and equality in housing, providing a vital service in the community.
Official website here: www.highlandsrs.com
Who is the CEO of Walnut Village Inc?
Robert Owens Ii is the President of Walnut Village Inc.
Official website here: www.highlandsrs.com
What is the revenue of Walnut Village Inc?
Walnut Village Inc's revenue in 2022 was $8,520.
Official website here: www.highlandsrs.com
Who are the executives of Walnut Village Inc and what are their salaries?
Here are 8 key members and their salaries:
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- Related: $136,885
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Official website here: www.highlandsrs.com
Where can I find the form 990 for Walnut Village Inc?
Walnut Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.highlandsrs.com
Learn more at the official website: www.highlandsrs.com
Mission Statement of Walnut Village Inc
Walnut Village Inc, a nonprofit organization, is dedicated to providing housing solutions for individuals with low to moderate income, the elderly, and those with disabilities. Their mission is to operate a Section 8 housing development, offering subsidized housing options for this specific demographic. By doing so, Walnut Village Inc aims to contribute to a more inclusive and supportive community, ensuring that everyone has access to a safe and stable living environment.
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Impact
August, 2024
Walnut Village Inc provides vital subsidized housing to low to moderate-income, elderly, and handicapped individuals in Putnam County, Tennessee. By offering affordable housing options, Walnut Village Inc directly impacts the lives of vulnerable individuals in the community, ensuring they have a safe and dignified place to call home. This organization plays a crucial role in addressing the housing needs of a specific demographic, contributing to improved quality of life and well-being for those it serves.
This information is meant to be a general summary of Walnut Village 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: $2,109
- Gross Receipts: $8,520
Assets and Liabilities:
- Total Assets: $2,582,334
- Total Liabilities: $0
- Net Assets: $2,582,334
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Organization Details
Founding Year
1979
Phone
(931) 526-9793Principal Officer
Robert Owens Ii
Main Address
PO BOX 400, COOKEVILLE, TN, 385030400
Website
www.highlandsrs.comNTEE Category
Code: L22Z - Housing
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