Overview
What is Peninsula Housing Development Inc Ii?
Peninsula Housing Development Inc II, operating under the name St. Agustin Villas, is a nonprofit organization established in Florida. Their primary mission is to provide affordable housing facilities for the elderly population. They have developed, own, and operate a HUD 202 project, which is located in Miami, Florida. This project, St. Agustin Villas, houses 100 apartments specifically designed for the elderly, contributing to their overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Peninsula Housing Development Inc II, operating as St Agustin Villas, has received a Three-Star rating from Charity Navigator, reflecting an overall score of 79%. This rating is primarily based on the organization's Accountability & Finance metrics, which indicate a strong commitment to transparency and financial integrity. The charity's high program expense ratio of 96.26% suggests that the majority of its funds are directed towards its programs rather than administrative costs.
The organization demonstrates effective governance, with 75% of its board members being independent, and it has established several important policies, including conflict of interest and whistleblower protections. These practices contribute to its strong accountability framework, ensuring that the charity operates in the best interest of its beneficiaries.
However, while the rating indicates solid financial stewardship, it is important for potential donors to consider other qualitative factors, such as the charity's overall impact and effectiveness in achieving its goals. While the financial aspects are well-managed, further insights into program outcomes would provide a more comprehensive understanding of the charity's effectiveness in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Peninsula Housing Development Inc Ii legitimate?
Peninsula Housing Development Inc Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peninsula Housing Development Inc Ii 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: $79,750
For more financial information, click here
What is the mission statement of Peninsula Housing Development Inc Ii?
Peninsula Housing Development Inc II, operating under the name St. Agustin Villas, is a nonprofit organization dedicated to providing affordable housing facilities. Their primary mission is to cater to the elderly population, offering them comfortable living spaces. The organization develops, owns, and manages a HUD 202 project, which includes a building with 100 apartments. The main objective of St. Agustin Villas is to ensure affordable housing is accessible to the elderly, enhancing their quality of life.
Who is the CEO of Peninsula Housing Development Inc Ii?
Guarione Diaz is the President/Director of Peninsula Housing Development Inc Ii.
What is the revenue of Peninsula Housing Development Inc Ii?
Peninsula Housing Development Inc Ii's revenue in 2022 was $1,195,723.
Who are the executives of Peninsula Housing Development Inc Ii and what are their salaries?
There 6 volunteers at Peninsula Housing Development Inc Ii.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $96,227
- Other: $17,791
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $167,974
- Other: $28,007
- 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
Where can I find the form 990 for Peninsula Housing Development Inc Ii?
Peninsula Housing Development Inc Ii's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Peninsula Housing Development Inc Ii
Peninsula Housing Development Inc II, doing business as St. Agustin Villas, is a nonprofit organization with a mission to provide affordable housing facilities for elderly individuals. Established under the laws and statutes of Florida, this organization operates a HUD 202 project, which comprises a building containing 100 apartments. The primary objective of Peninsula Housing Development Inc II D/B/A St. Agustin Villas is to offer a living space that is economically accessible to elderly persons, thereby addressing the housing needs of this specific demographic. By providing affordable housing facilities, the organization aims to contribute positively to the elderly community, ensuring they have a secure and comfortable living environment.
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Impact
July, 2024
Peninsula Housing Development Inc II D/B/A St Agustin Villas has a significant impact on the community by providing affordable housing facilities to elderly persons in Miami, Florida. Through their HUD 202 project, they offer a safe and comfortable living environment for seniors who may otherwise struggle to find affordable housing options. By ensuring that the elderly have access to affordable housing, Peninsula Housing Development Inc II D/B/A St Agustin Villas directly contributes to improving the quality of life for seniors in the community. Their mission to serve this vulnerable population highlights their commitment to addressing a crucial need for affordable housing for the elderly.
This information is meant to be a general summary of Peninsula Housing Development Inc Ii. 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: $106
- Program Service Revenue: $1,174,555
- Gross Receipts: $1,195,723
Assets and Liabilities:
- Total Assets: $2,492,283
- Total Liabilities: $2,867,096
- Net Assets: -$374,813
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT'S RENT
Revenue
$257,567
LAUNDRY & VENDING
Revenue
$7,333
Organization Details
Founding Year
1984
Phone
(305) 642-3634Principal Officer
Guarione Diaz
Main Address
1223 SW 4TH STREET 2ND FLOOR, MIAMI, FL, 331352407
NTEE Category
Code: L21Z - Housing
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