Overview
What is Housing Authority Of Tyronza Housing Authority Of Tyronza?
The Housing Authority of Tyronza is a nonprofit organization dedicated to providing affordable housing solutions for eligible elderly and handicapped individuals. With a focus on low-income housing, they manage 24 apartments, aiming to assist those in need by offering them a suitable living environment. Their mission revolves around the provision of affordable housing options, making a significant impact on the community they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60% (Two-Star out of Four Star Rating)
The Housing Authority of Tyronza has received a Two-Star rating from Charity Navigator, indicating a moderate performance in terms of accountability and finance. The score is based solely on the Accountability & Finance beacon, with a score of 60%. Notably, the organization excels in several areas, including having a majority independent board and a high program expense ratio, which reflects a commitment to directing funds towards its mission.
Strengths include a fully independent board, with all members meeting the criteria, and the documentation of board meeting minutes. The program expense ratio is particularly strong, indicating that the organization allocates 100% of its expenses to its programs, which is a positive sign for potential donors. However, the organization struggles with its liabilities to assets ratio, scoring only 2 out of 15 points in this area, suggesting a potential concern regarding financial stability.
While the Housing Authority of Tyronza shows strong governance practices and a focus on program expenditure, the financial ratios indicate some limitations that might affect its long-term sustainability. Prospective supporters should weigh these factors when considering their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Housing Authority Of Tyronza Housing Authority Of Tyronza legitimate?
Housing Authority Of Tyronza Housing Authority Of Tyronza is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Authority Of Tyronza Housing Authority Of Tyronza 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: $20,208
For more financial information, click here
What is the mission statement of Housing Authority Of Tyronza Housing Authority Of Tyronza?
The Housing Authority of Tyronza aims to provide affordable housing options for qualified elderly and handicapped individuals. They accomplish this through their programs, which include 24 apartments. The organization's mission is centered around assisting those in need, focusing on the provision of low-income housing solutions.
Who is the CEO of Housing Authority Of Tyronza Housing Authority Of Tyronza?
Allen Mcguire is the Director of Housing Authority Of Tyronza Housing Authority Of Tyronza.
What is the revenue of Housing Authority Of Tyronza Housing Authority Of Tyronza?
Housing Authority Of Tyronza Housing Authority Of Tyronza's revenue in 2022 was $163,293.
Who are the executives of Housing Authority Of Tyronza Housing Authority Of Tyronza and what are their salaries?
The average compensation at Housing Authority Of Tyronza Housing Authority Of Tyronza during 2022 was $10,104. There are 2 employees at Housing Authority Of Tyronza Housing Authority Of Tyronza.
Here are 5 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Housing Authority Of Tyronza Housing Authority Of Tyronza?
Housing Authority Of Tyronza Housing Authority Of Tyronza's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Housing Authority Of Tyronza Housing Authority Of Tyronza
The Housing Authority of Tyronza, a nonprofit organization, is committed to providing affordable housing options for qualified elderly and handicapped individuals. Their mission is centered around this, offering 24 apartments as part of their programs to help those in need. The primary objective of this organization is to assist these individuals, ensuring they have access to suitable housing.
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Impact
October, 2024
Housing Authority of Tyronza significantly impacts the community by providing low-income housing specifically designed for qualified elderly and handicapped individuals. With a dedicated portfolio of 24 apartments, this housing authority ensures that vulnerable populations have access to safe and affordable living arrangements. By addressing the housing needs of these groups, it helps to improve their quality of life, reduce homelessness, and promote independence. This initiative fosters a supportive environment where residents can thrive, ultimately contributing to a stronger and more inclusive community in Tyronza, AR. Their commitment to affordable housing options plays a crucial role in alleviating the financial burden faced by those in need, while also encouraging a sense of stability and belonging within the community.
This information is meant to be a general summary of Housing Authority Of Tyronza Housing Authority Of Tyronza. 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: $1,094
- Program Service Revenue: $78,802
- Gross Receipts: $163,293
Assets and Liabilities:
- Total Assets: $278,207
- Total Liabilities: $193,461
- Net Assets: $84,746
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE-TENANTS
Revenue
$77,378
LAUNDRY INCOME
Revenue
$1,424
Organization Details
Phone
(870) 487-2555Principal Officer
Allen Mcguire
Main Address
P O BOX 91, TYRONZA, AR, 72386
NTEE Category
Code: L21 - Housing
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