Overview
What is Anderson Valley Housing Association Inc?
Anderson Valley Housing Association Inc, located in Philo, California, is a nonprofit organization with a mission to provide safe, affordable housing for low-income families in Anderson Valley. Recently, they acquired the Anderson Creek Apartments to preserve the housing stock in the area, as there were plans to convert these apartments into temporary housing for external workers. This move would have displaced the current tenants living there. The organization, with a modest workforce of three individuals, is committed to maintaining a stable housing environment in the valley.
Official website here: www.andersonvalleyhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
Anderson Valley Housing Association Inc has received a Three-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The rating is based entirely on a score of 75% in the Accountability & Finance category. This score reflects the organization's commitment to transparency and responsible financial management, with notable strengths such as having a fully independent board and solid policies in place for conflict of interest and whistleblower protections.
The organization demonstrates a high level of integrity, scoring perfectly in several areas, including board independence and documentation of board meeting minutes. However, the liabilities to assets ratio is concerning at 122.42%, which suggests potential financial vulnerabilities that could impact its operations and stability.
Despite these limitations, Anderson Valley Housing Association Inc maintains a strong program expense ratio of 72.55%, signifying that a significant portion of its funds is directed toward its mission-related activities. Overall, while the organization has solid governance practices, prospective donors and stakeholders should consider its financial ratios when assessing its overall health.
This AI summary has been generated from information found on Charity Navigator.
Is Anderson Valley Housing Association Inc legitimate?
Anderson Valley Housing Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anderson Valley Housing Association 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: $28,145
For more financial information, click here
Official website here: www.andersonvalleyhousing.org
What is the mission statement of Anderson Valley Housing Association Inc?
The Anderson Valley Housing Association Inc is committed to providing safe, clean, and affordable housing for low-income families. To uphold this mission, the organization recently purchased the Anderson Creek Apartments, aiming to preserve the housing stock in the area. Initially, there were plans to convert these apartments into short-term housing for outside workers, which could have resulted in the tenants currently residing there having to vacate. However, by purchasing the apartments, the Association ensured that these families could continue to call these homes their own. The Association's primary goal is to maintain and operate affordable housing options for those in need.
Official website here: www.andersonvalleyhousing.org
Who is the CEO of Anderson Valley Housing Association Inc?
Stephanie Gold is the Director of Anderson Valley Housing Association Inc.
Official website here: www.andersonvalleyhousing.org
What is the revenue of Anderson Valley Housing Association Inc?
Anderson Valley Housing Association Inc's revenue in 2022 was $140,467.
Official website here: www.andersonvalleyhousing.org
Who are the executives of Anderson Valley Housing Association Inc and what are their salaries?
The average compensation at Anderson Valley Housing Association Inc during 2022 was $9,382. There are 3 employees and 10 volunteers at Anderson Valley Housing Association Inc.
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Official website here: www.andersonvalleyhousing.org
Where can I find the form 990 for Anderson Valley Housing Association Inc?
Anderson Valley Housing Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.andersonvalleyhousing.org
Learn more at the official website: www.andersonvalleyhousing.org
Mission Statement of Anderson Valley Housing Association Inc
Anderson Valley Housing Association Inc, a nonprofit organization, is committed to providing safe, clean, and affordable housing for low-income families. Notably, the association recently took steps to preserve housing stock in the area by purchasing the Anderson Creek Apartments. Initially, there were plans to convert these apartments into short-term housing for outside workers, potentially displacing the current tenants. To prevent this, Anderson Valley Housing Association Inc stepped in to ensure the continuity of affordable housing options for families in need. In addition to managing the Boonville Apartments, as indicated in the rental information, the association's mission is to serve as a vital resource for those who require affordable housing solutions, upholding the value of housing as a basic necessity for all individuals and families.
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Impact
October, 2024
Anderson Valley Housing Association Inc significantly impacts the community by ensuring the availability of safe, clean, and affordable housing for low-income families in Anderson Valley. By purchasing the Anderson Creek Apartments, the organization has successfully preserved essential housing stock that could have been lost to conversion into short-term lodging for outside workers. This action protects current tenants from displacement, thereby stabilizing the community and providing families with secure living conditions. Additionally, the operation and maintenance of the Boonville Apartments further contribute to the overall goal of fostering housing stability in the region, ensuring that low-income families have access to long-term housing solutions in a challenging economic environment.
This information is meant to be a general summary of Anderson Valley Housing Association 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: $40
- Program Service Revenue: $102,908
- Gross Receipts: $143,822
Assets and Liabilities:
- Total Assets: $1,638,181
- Total Liabilities: $1,925,035
- Net Assets: -$286,854
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOONVILLE APARTMENTS
Revenue
$50,159
RAYS ROAD
Revenue
$38,249
MANAGEMENT FEE INCOME
Revenue
$14,500
Organization Details
Founding Year
1987
Phone
(707) 895-3525Principal Officer
Stephanie Gold
Main Address
PO BOX 341, PHILO, CA, 954660341
NTEE Category
Code: L20Z - Housing
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