Overview
What is Thistle Community Housing?
Thistle Community Housing is a nonprofit organization situated in Boulder, Colorado. They are committed to providing affordable housing solutions for low-income residents, including individuals with disabilities, in Boulder County. Their mission is centered around creating and preserving high-quality, permanently affordable rental and ownership homes for working families, seniors, and people with disabilities. By doing so, they enable essential workers such as teachers and healthcare professionals to live in the communities they serve, contributing to the overall well-being of the community. Thistle Community Housing manages a total of 785 housing units. Word count: 119
Official website here: www.thistle.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Thistle Community Housing has achieved an impressive score of 96% on Charity Navigator, which translates to a Four-Star rating. This high score reflects the organization's strong emphasis on accountability and finance, with a perfect score in several areas, showcasing their commitment to transparency and responsible management of funds.
One of the key strengths noted is the organization's independent board structure, consisting entirely of independent members. This governance model supports effective oversight and decision-making. Additionally, Thistle Community Housing has demonstrated strong financial practices, including no material diversion of assets and a solid program expense ratio of 74.78%, indicating that a significant portion of its resources is allocated to its programs.
While the data reflects strong financial health and governance, potential limitations in user feedback have not been highlighted in the available information. Overall, Thistle Community Housing appears to be a well-managed organization that prioritizes accountability and effective use of resources to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Thistle Community Housing legitimate?
Thistle Community Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thistle Community Housing 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: $1,499,931
For more financial information, click here
Official website here: www.thistle.us
What is the mission statement of Thistle Community Housing?
Thistle Community Housing's mission is centered around creating and maintaining high-quality, permanently affordable housing options for various groups, including working families, seniors, and individuals with disabilities. By providing such homes, Thistle enables individuals who are essential to the community, such as teachers and healthcare workers, to reside in the areas they serve. The organization's mission is aimed at ensuring that these vital members of society have affordable housing options, thereby contributing to a stable and supportive community. Thistle Community Housing currently manages over 700 such rental properties for low-income residents, including those with disabilities, in Boulder County, Colorado.
Official website here: www.thistle.us
Who is the CEO of Thistle Community Housing?
Mary Duvall is the Ceo of Thistle Community Housing. The CEO's salary of Thistle Community Housing is $13,275 and their total compensation is $13,275.
Official website here: www.thistle.us
What is the revenue of Thistle Community Housing?
Thistle Community Housing's revenue in 2022 was $5,604,064.
Official website here: www.thistle.us
Who are the executives of Thistle Community Housing and what are their salaries?
The average compensation at Thistle Community Housing during 2022 was $27,271. There are 55 employees and 6 volunteers at Thistle Community Housing.
Here are 9 key members and their salaries (Thistle Community Housing's CEO's salary is $13,275 and their total compensation is $13,275):
- Compensation: $193,325
- Related: $0
- Other: $0
- Compensation: $164,495
- Related: $0
- Other: $0
- Compensation: $13,275
- 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.thistle.us
Where can I find the form 990 for Thistle Community Housing?
Thistle Community Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thistle.us
Learn more at the official website: www.thistle.us
Mission Statement of Thistle Community Housing
Thistle Community Housing is dedicated to an essential mission. Their primary objective is to construct and maintain high-quality, permanently affordable rental and ownership properties for working families, seniors, and individuals with disabilities. By providing these homes, Thistle Community Housing enables professionals such as teachers and healthcare workers, who form the backbone of our society, to reside in the communities they serve. This initiative ensures that these crucial members of our community are not burdened by exorbitant housing costs, allowing them to focus on their vital roles. Thistle Community Housing manages 785 such properties in Boulder County, Colorado, ensuring that low-income residents, including those with disabilities, have access to affordable housing options.
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Impact
July, 2024
Thistle Community Housing's impact is significant in providing quality, permanently affordable rental and ownership homes for working families, seniors, and people with disabilities in Boulder County, Colorado. By owning and managing 785 such units, Thistle Community Housing enables individuals in vital roles such as teachers and healthcare workers to live in the communities they serve. This not only addresses the affordable housing crisis but also fosters a more inclusive and stable community for all residents.
This information is meant to be a general summary of Thistle Community Housing. 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: $1,643,245
- Program Service Revenue: $1,038,380
- Gross Receipts: $18,416,588
Assets and Liabilities:
- Total Assets: $45,761,609
- Total Liabilities: $12,906,788
- Net Assets: $32,854,821
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$1,038,380
Organization Details
Founding Year
1985
Phone
(303) 443-0007Principal Officer
Mary Duvall
Main Address
6000 Spine Road Suite 101, Boulder, CO, 80302
Website
www.thistle.usNTEE Category
Code: L210 - Housing
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