Overview
What is Pacific Housing Inc?
Pacific Housing Inc is a nonprofit organization based in Sacramento, California, with a workforce of 80 employees. Their mission is to offer affordable housing facilities and essential services to low-income individuals and families. They go beyond just housing, providing educational, life skills, and recreational programs for seniors, adults, and school-age tenants. These services consist of job training, nutritional assistance, computer classes, English as a Second Language instruction, and after-school programs. Pacific Housing Inc also offers free, licensed, and insured transportation services to residents of senior affordable housing projects.
Official website here: www.pacifichousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 91% - Four-Star out of Four Star Rating
Pacific Housing Inc has earned a Four-Star rating from Charity Navigator, reflecting its high performance in accountability and finance. The charity's score is derived entirely from its Accountability & Finance metrics, indicating a strong commitment to financial transparency and responsible management of resources. The organization boasts a 100% independent board and has been rated highly for its governance practices.
The charity excels in several key areas, including a low liabilities-to-assets ratio and a solid program expense ratio, showcasing its efficient allocation of funds toward its mission. Additionally, the presence of strong oversight mechanisms, such as an audit committee and documented board meeting minutes, enhances its credibility. The organization has no recorded material diversions of assets, reinforcing its integrity.
However, the fundraising efficiency ratio indicates a potential area for improvement, suggesting that Pacific Housing Inc may need to optimize its fundraising efforts. Overall, the high accountability score indicates that donors can feel confident in the organization's financial practices and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Pacific Housing Inc legitimate?
Pacific Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pacific 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: $323,932
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,835,468
For more financial information, click here
Official website here: www.pacifichousing.org
What is the mission statement of Pacific Housing Inc?
Pacific Housing Inc is dedicated to offering affordable housing facilities and essential services to low-income individuals and families. Their mission centers around the provision, maintenance, and operation of these housing units. Pacific Housing goes beyond just housing by providing various educational, life skills, and recreational services. These offerings include, but are not limited to, job training, nutritional classes, computer instruction, English as a Second Language courses, and after-school programs. To ensure mobility for seniors, they provide free, licensed, and insured transportation services.
Official website here: www.pacifichousing.org
Who is the CEO of Pacific Housing Inc?
Mark A Wiese is the President of Pacific Housing Inc.
Official website here: www.pacifichousing.org
What is the revenue of Pacific Housing Inc?
Pacific Housing Inc's revenue in 2022 was $29,527,350.
Official website here: www.pacifichousing.org
Who are the executives of Pacific Housing Inc and what are their salaries?
The average compensation at Pacific Housing Inc during 2022 was $26,992. There are 80 employees at Pacific Housing Inc.
Here are 8 key members and their salaries:
- Compensation: $323,932
- Related: $0
- Other: $37,490
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pacifichousing.org
Where can I find the form 990 for Pacific Housing Inc?
Pacific Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pacifichousing.org
Learn more at the official website: www.pacifichousing.org
Mission Statement of Pacific Housing Inc
Pacific Housing Inc, a dedicated nonprofit organization, strives to make a difference in the lives of low-income individuals and families by offering them affordable housing facilities and essential services. The mission of Pacific Housing Inc is centered around the provision, maintenance, and operation of these affordable housing units.
In practice, Pacific Housing Inc goes beyond just providing shelter. They recognize the importance of fostering personal growth and self-sufficiency among their residents, particularly among seniors, adults, and school-age tenants. To this end, they offer an array of educational, life skills, and recreational services. These services encompass a variety of programs, including job education and training, nutritional classes, computer skills instruction, English as Second Language courses, and numerous after-school programs. All of these services are designed to empower residents to improve their lives and reach their full potential.
Moreover, Pacific Housing Inc extends its support to its senior residents by offering licensed and insured transportation services, free of charge. This valuable service enables seniors to access essential services and maintain their independence, enhancing the quality of life for this vulnerable population. By providing these comprehensive services, Pacific Housing Inc not only offers affordable housing but also creates opportunities for personal growth and self-sufficiency for its residents.
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Impact
October, 2024
Pacific Housing Inc significantly enhances the quality of life for low-income individuals and families by creating access to affordable housing options. Their efforts in developing affordable housing units directly contribute to alleviating housing insecurity in the Sacramento area. Additionally, they offer a comprehensive range of educational and support services that empower residents, including job training, nutritional programs, computer skills workshops, and English as a Second Language classes.
For seniors and families, Pacific Housing Inc provides recreational services and after-school programs that foster community engagement and personal development. They also ensure accessibility by offering licensed transportation services at no cost for residents in senior affordable housing projects. Overall, Pacific Housing Inc plays a crucial role in strengthening the community by not only addressing housing needs but also supporting the personal and professional growth of its residents.
This information is meant to be a general summary of Pacific 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 2022.
- Investment Income: $4,113,717
- Program Service Revenue: $7,037,149
- Gross Receipts: $29,527,350
Assets and Liabilities:
- Total Assets: $71,876,661
- Total Liabilities: $2,255,294
- Net Assets: $69,621,367
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
General Partner Fees
Revenue
$7,037,149
Organization Details
Founding Year
2000
Phone
(916) 638-5200Principal Officer
Mark A Wiese
Main Address
2115 J Street 201, Sacramento, CA, 95816
Website
www.pacifichousing.orgNTEE Category
Code: L20 - Housing
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