Overview
What is Assisting Texas With Housing Inc?
Assisting Texas With Housing Inc., based in Austin, Texas, is a nonprofit organization dedicated to providing decent housing solutions for individuals with low to moderate incomes. They achieve this through Section 8 HUD programs, managing nine apartment complexes spread across central and south Texas, offering a combined total of 579 units. The organization extends its assistance beyond just housing, as it also awards educational support scholarships to qualified applicants residing in the households they serve. This comprehensive approach aims to empower and uplift the community, ensuring that affordable housing and educational opportunities are within reach for those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Assisting Texas With Housing Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and financial health. The score highlights the charity's effective management and oversight, which is crucial for donor trust and engagement. The organization excels with an impressive accountability & finance score of 86%, showcasing a commitment to transparency and responsible financial practices.
The charity's strengths include a fully independent board, with all eight members free from conflicts of interest, which strengthens governance and decision-making. Additionally, the organization has a high program expense ratio of 88.55%, indicating that a significant portion of its funds is allocated directly to program services rather than administrative costs. This demonstrates a strong focus on fulfilling its mission of assisting individuals with housing needs in Texas.
While the data reflects strong financial practices and governance, it is essential for potential donors to consider the impact of the charity's programs and how effectively they address the housing challenges in the community. Overall, Assisting Texas With Housing Inc appears to be a reliable organization committed to its cause, but further insights into program effectiveness would enhance understanding of its overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Assisting Texas With Housing Inc legitimate?
Assisting Texas With Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Assisting Texas With 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: $884,941
For more financial information, click here
What is the mission statement of Assisting Texas With Housing Inc?
Assisting Texas With Housing Inc, as an organization, is dedicated to providing decent housing for families, the elderly, and disabled individuals with low to moderate incomes. They achieve this by offering subsidized housing through Section 8 HUD programs and managing a total of 579 units across nine apartment complexes in central and south Texas. Additionally, the organization extends its support to qualified resident members of these households by awarding educational scholarships. By doing so, Assisting Texas With Housing Inc aims to improve living conditions and provide opportunities for personal growth and development for those in need.
Who is the CEO of Assisting Texas With Housing Inc?
James Mitchell is the Executive Dir. of Assisting Texas With Housing Inc.
What is the revenue of Assisting Texas With Housing Inc?
Assisting Texas With Housing Inc's revenue in 2022 was $4,716,458.
Who are the executives of Assisting Texas With Housing Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $44,800
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- Other: $0
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Where can I find the form 990 for Assisting Texas With Housing Inc?
Assisting Texas With Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Assisting Texas With Housing Inc
Assisting Texas With Housing Inc, a nonprofit organization, is committed to providing housing solutions for qualified low-income families, the elderly, and disabled households in Texas. Their mission is twofold: firstly, they offer decent housing to individuals and families whose income does not surpass 80% of the area median income. Secondly, they award educational support scholarships to qualified applicants who reside in the households they assist with housing. By doing so, Assisting Texas With Housing Inc aims to support the overall well-being of these households, not only by providing them with a place to live but also by investing in their future through educational opportunities.
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Impact
July, 2024
Assisting Texas With Housing Inc, also known as ATWH, Inc, impacts the community by providing decent housing for low to moderate-income families, elderly, and disabled households in Texas. They offer subsidies through Section 8 HUD programs in 9 apartment complexes located in central and south Texas, with a total of 579 units. Additionally, ATWH, Inc awards educational support scholarships to qualified applicants who are resident members of the households they serve. Their mission is to support those with incomes no higher than 80% of the area median income, thereby helping individuals and families secure stable housing and educational opportunities.
This information is meant to be a general summary of Assisting Texas With 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: $82,641
- Program Service Revenue: $4,346,681
- Gross Receipts: $4,716,458
Assets and Liabilities:
- Total Assets: $21,511,875
- Total Liabilities: $10,585,412
- Net Assets: $10,926,463
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Incentive Performance Fee
Revenue
$16,175
Rent Receipts
Revenue
$1,205,650
Tenant Assistance
Revenue
$3,099,278
Tenant Related
Revenue
$25,578
Organization Details
Founding Year
1980
Phone
(512) 452-4755Principal Officer
James Mitchell
Main Address
2215 Westlake Dr Ste 300, Austin, TX, 78746
NTEE Category
Code: L21 - Housing
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