Overview
What is Blessed Trinity Housing Inc?
Blessed Trinity Housing Inc, doing business as Trinity House, is a nonprofit organization located in St. Petersburg, Florida. With a focus on affordable housing, they offer 76 residential apartments specifically designed for low-income elderly individuals, in compliance with Section 202 of the National Housing Act, regulated by the HUD. Their mission encompasses providing not just housing, but also essential services to those who qualify, thereby enhancing their living standards. The organization employs a team of five dedicated individuals to carry out this mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Blessed Trinity Housing Inc has achieved a commendable score of 94%, reflecting a strong commitment to accountability and finance, which is the only metric considered for their rating. The organization boasts a perfect score in several areas, including having an entirely independent board and robust financial oversight, indicating transparency and sound governance practices.
The organization demonstrates effective management by maintaining a low liabilities-to-assets ratio of 2.60% and allocating 88.33% of its expenses directly to programs. These figures suggest that Blessed Trinity Housing Inc is efficiently utilizing its resources to fulfill its mission, providing assurance to donors regarding the impact of their contributions.
While the rating reflects a solid organizational structure and financial health, users may want to consider additional qualitative factors such as the specific programs offered and community impact. Overall, the high rating signifies a trustworthy nonprofit dedicated to financial integrity and responsible management.
This AI summary has been generated from information found on Charity Navigator.
Is Blessed Trinity Housing Inc legitimate?
Blessed Trinity Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blessed Trinity Housing 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: $118,236
For more financial information, click here
What is the mission statement of Blessed Trinity Housing Inc?
Blessed Trinity Housing Inc is dedicated to providing affordable housing and essential services to qualified low-income elderly individuals. As a HUD-subsidized and regulated apartment complex, their mission is to cater to the needs of this specific demographic, ensuring they have access to suitable housing. Their apartment complex, comprising 76 units, falls under Section 202 of the National Housing Act, demonstrating their commitment to this mission.
Who is the CEO of Blessed Trinity Housing Inc?
James Wayne is the President of Blessed Trinity Housing Inc.
What is the revenue of Blessed Trinity Housing Inc?
Blessed Trinity Housing Inc's revenue in 2023 was $638,228.
Who are the executives of Blessed Trinity Housing Inc and what are their salaries?
The average compensation at Blessed Trinity Housing Inc during 2023 was $23,647. There are 5 employees at Blessed Trinity Housing Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $80,767
- Other: $13,009
- 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 Blessed Trinity Housing Inc?
Blessed Trinity Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Blessed Trinity Housing Inc
Blessed Trinity Housing Inc, a HUD-regulated entity, is committed to providing affordable housing and essential services to qualified low-income elderly individuals. As a mission-driven organization, it seeks to make a significant impact in the lives of its residents, ensuring they have a secure and comfortable living environment. The organization operates under Section 202 of the National Housing Act, providing 76 residential apartments as a testament to its dedication to this cause. By offering these services, Blessed Trinity Housing Inc plays a crucial role in supporting the elderly population, enabling them to maintain their independence and dignity.
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Impact
July, 2024
Blessed Trinity Housing Inc's impact is significant in providing affordable housing and services to low-income elderly persons in St. Petersburg, FL. Through its 76 residential apartments under Section 202 of the National Housing Act, Blessed Trinity Housing Inc plays a crucial role in addressing the housing needs of this vulnerable population. By offering HUD-subsidized and regulated housing, the organization ensures that qualified individuals have access to safe and affordable living spaces, improving their quality of life and overall well-being. This impact directly contributes to enhancing the stability and dignity of low-income elderly residents in the community.
This information is meant to be a general summary of Blessed Trinity Housing 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 2023.
- Investment Income: $17
- Program Service Revenue: $276,104
- Gross Receipts: $638,228
Assets and Liabilities:
- Total Assets: $2,867,489
- Total Liabilities: $74,721
- Net Assets: $2,792,768
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT RENT
Revenue
$276,104
Organization Details
Founding Year
2001
Phone
(727) 865-7590Principal Officer
James Wayne
Main Address
6363 9TH AVE NORTH, ST PETERSBURG, FL, 33710
NTEE Category
Code: L21 - Housing
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