Overview
What is Partnership Housing Affordable To Society Everywhere Inc?
Partnership Housing Affordable To Society Everywhere Inc, based in Alpharetta, Georgia, is a nonprofit organization with a mission to provide affordable housing for domestic and legally residing farm workers in the Decatur County area. Specifically, they aim to own and operate a multi-family housing development in Bainbridge, Georgia. This initiative is intended to benefit the wider community, as stated in their activity or mission description. The organization's goal is to contribute positively to the lives of these farm workers by providing them with a secure and affordable living space.
Official website here: www.phaseinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating. This rating reflects the charity's focus on Accountability & Finance, which is critical for ensuring responsible management and transparency in nonprofit operations. An 83% score indicates solid financial practices and governance.
The organization excels in several areas, including having a fully independent board and no material diversion of assets, which indicates strong oversight and integrity. Notably, the program expense ratio is impressive at 76.76%, suggesting that a significant portion of its funds is directed toward its core programs rather than administrative costs.
However, there are some areas for improvement, as the charity is missing key policies such as a whistleblower policy and a document retention and destruction policy. Addressing these gaps could further enhance its accountability and foster greater trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Partnership Housing Affordable To Society Everywhere Inc legitimate?
Partnership Housing Affordable To Society Everywhere Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Partnership Housing Affordable To Society Everywhere 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: $9,874
For more financial information, click here
Official website here: www.phaseinc.org
What is the mission statement of Partnership Housing Affordable To Society Everywhere Inc?
Partnership Housing Affordable To Society Everywhere Inc's mission is centered around owning and operating a multi-family housing development. This initiative is aimed at benefiting a specific community, more specifically, domestic and legally residing farm workers in a particular area. The organization's primary goal is to provide affordable housing, enhancing the living conditions of these individuals and contributing positively to the community as a whole.
Official website here: www.phaseinc.org
Who is the CEO of Partnership Housing Affordable To Society Everywhere Inc?
Paul J Ponte is the President of Partnership Housing Affordable To Society Everywhere Inc.
Official website here: www.phaseinc.org
What is the revenue of Partnership Housing Affordable To Society Everywhere Inc?
Partnership Housing Affordable To Society Everywhere Inc's revenue in 2022 was $198,613.
Official website here: www.phaseinc.org
Who are the executives of Partnership Housing Affordable To Society Everywhere Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.phaseinc.org
Where can I find the form 990 for Partnership Housing Affordable To Society Everywhere Inc?
Partnership Housing Affordable To Society Everywhere Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.phaseinc.org
Learn more at the official website: www.phaseinc.org
Mission Statement of Partnership Housing Affordable To Society Everywhere Inc
Partnership Housing Affordable To Society Everywhere Inc, as the name suggests, is dedicated to making a positive impact on society by owning and operating a multi-family housing development. Their mission, however, is more specifically focused on benefiting the local community, particularly domestic and legally residing farm workers in the Decatur County area. This organization seeks to provide them with affordable housing, contributing to their overall well-being and stability. By doing so, Partnership Housing Affordable To Society Everywhere Inc aims to contribute to the betterment of the community as a whole, improving the living conditions and opportunities for its most vulnerable members.
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Impact
October, 2024
Partnership Housing Affordable To Society Everywhere Inc plays a crucial role in enhancing the quality of life for domestic and legally residing farm workers in the Decatur County area through its multi-family housing development in Bainbridge, Georgia. By providing safe and affordable housing, the organization addresses a significant need within the community, ensuring that farm workers have a stable living environment conducive to their well-being and productivity.
The impact of this initiative extends beyond just housing; it fosters a sense of community and belonging among residents. By creating a supportive environment, the organization encourages social cohesion and provides farm workers with access to essential services, contributing to their overall health and economic stability.
Additionally, by focusing on the needs of a often underserved population, Partnership Housing Affordable To Society Everywhere Inc helps to mitigate housing insecurity and promote equitable access to housing resources in the region. This not only benefits individual families but also strengthens the local economy by ensuring that workers can live closer to their places of employment, ultimately supporting the agricultural sector and the wider community.
This information is meant to be a general summary of Partnership Housing Affordable To Society Everywhere 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: $62
- Program Service Revenue: $198,551
- Gross Receipts: $198,613
Assets and Liabilities:
- Total Assets: $1,527,842
- Total Liabilities: $478,236
- Net Assets: $1,049,606
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL ASSISTANCE INCOME
Revenue
$107,240
PHASE INC.DEVELOPER FEES
Revenue
$75,000
RENT INCOME TENANTS
Revenue
$71,746
TENANT CHARGES
Revenue
$152
NON REFUNDABLE SEC DEPOSITS
Revenue
-$22,992
Organization Details
Founding Year
1996
Phone
(770) 688-4584Principal Officer
Paul J Ponte
Main Address
4920 ATLANTA HWY SUITE 345, ALPHARETTA, GA, 30004
Website
www.phaseinc.orgNTEE Category
Code: L20 - Housing
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