Overview
What is Azalea Trace Ii Inc?
Azalea Trace II Inc, based in Tifton, Georgia, is a nonprofit organization with a focus on providing affordable rental housing for low-income families. Operating under Section 202 of the National Housing Act, the organization's mission is to construct, own, and manage a rental housing project, aiming to provide a stable living environment for its residents. This nonprofit organization's activities are primarily centered around the operation and maintenance of this rental housing project.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating.
Azalea Trace Ii Inc has received an 80% score, indicating a solid performance in terms of accountability and finance. This score is derived entirely from their accountability metrics, showcasing a strong commitment to responsible financial practices. The organization maintains a fully independent board, which is a positive indicator of governance and oversight.
Strengths include perfect scores in key areas such as majority independent board members and a low liabilities to assets ratio, reflecting robust financial health. The charity has also demonstrated strong internal controls with no material diversion of assets and a detailed document retention policy. Additionally, their program expense ratio is reported to be 100%, suggesting that all of their expenditures are allocated directly toward their programs.
While the rating reflects commendable strengths, the evaluation is limited to financial accountability alone. There may be other aspects of effectiveness, such as program outcomes and community impact, that are not captured in this score. Nevertheless, the high rating positions Azalea Trace Ii Inc as a trustworthy organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Azalea Trace Ii Inc legitimate?
Azalea Trace Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Azalea Trace Ii 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: $26,313
For more financial information, click here
What is the mission statement of Azalea Trace Ii Inc?
Azalea Trace II Inc is committed to constructing, owning, and operating a rental housing project, adhering to Section 202 of the National Housing Act. Their primary mission is to provide affordable housing solutions for low-income families. They manage and maintain this rental housing project, ensuring it meets the requirements set out by Section 202 of the National Housing Act. Their goal is to contribute positively to the housing landscape, providing a secure living environment for those in need.
Who is the CEO of Azalea Trace Ii Inc?
Rodney Griffin is the President of Azalea Trace Ii Inc.
What is the revenue of Azalea Trace Ii Inc?
Azalea Trace Ii Inc's revenue in 2022 was $76,799.
Who are the executives of Azalea Trace Ii Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Azalea Trace Ii Inc?
Azalea Trace Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Azalea Trace Ii Inc
Azalea Trace II Inc, as a nonprofit organization, is committed to constructing, owning, and operating a rental housing project under Section 202 of the National Housing Act. Their mission is to provide affordable housing solutions for low-income families, overseeing the operation and maintenance of the rental properties to ensure a comfortable living environment. By adhering to the guidelines set forth in Section 202 of the National Housing Act, Azalea Trace II Inc aims to contribute to the housing needs of those in need, offering a reliable and sustainable living solution.
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Impact
August, 2024
Azalea Trace II Inc's impact lies in providing affordable rental housing for low-income families in Tifton, Georgia. By constructing, owning, and operating a rental housing project under Section 202 of the National Housing Act, Azalea Trace II Inc plays a crucial role in addressing the housing needs of individuals and families facing economic challenges. Through its mission to offer affordable housing options, this organization contributes to creating stable and secure living environments for those in need within the community.
This information is meant to be a general summary of Azalea Trace Ii 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: $11
- Program Service Revenue: $76,047
- Gross Receipts: $76,799
Assets and Liabilities:
- Total Assets: $636,042
- Total Liabilities: $10,522
- Net Assets: $625,520
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$76,047
Organization Details
Founding Year
1999
Phone
(229) 382-2142Principal Officer
Rodney Griffin
Main Address
PO BOX 2009, TIFTON, GA, 31793
NTEE Category
Code: L20 - Housing
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