Overview
What is Pccoa Housing Authority?
Pccoa Housing Authority is a nonprofit organization situated in Weatherford, Texas, with a specific focus on providing housing facilities for elderly and handicapped individuals. They operate an apartment complex consisting of 76 units, leveraging Section 202 of the National Housing Act to offer affordable rentals. The organization's mission is centered around enhancing the living conditions of these particular groups, offering them a secure and comfortable environment. With a modest workforce of 4 employees, Pccoa Housing Authority plays a significant role in supporting the housing needs of vulnerable individuals in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 67%)
The Pccoa Housing Authority has received a Two-Star rating from Charity Navigator, primarily reflecting its overall score of 67%. While the organization demonstrates strong governance with 100% independent board members and a complete audit and oversight committee, there are significant deficiencies in its transparency and accountability practices, such as missing policies on conflict of interest and whistleblower protections.
Strengths include an impressive program expense ratio of 91.29%, indicating that a substantial portion of its funds is allocated directly to its mission. However, notable weaknesses are present in the areas of financial disclosure and asset management, highlighted by a liabilities to assets ratio of 228.65%, which raises concerns about financial stability. Additionally, the lack of a website listed on tax forms and missing essential policy documents detracts from the organization’s accountability.
In summary, while the Pccoa Housing Authority has notable strengths in board independence and program funding, the significant gaps in its transparency and financial management practices warrant attention. Improving these areas could enhance its overall effectiveness and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Pccoa Housing Authority legitimate?
Pccoa Housing Authority is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pccoa Housing Authority 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: $85,562
Professional Fundraising Fees: $0
Other Salaries and Wages: $168,311
For more financial information, click here
What is the mission statement of Pccoa Housing Authority?
The Pccoa Housing Authority is dedicated to providing housing facilities for elderly individuals and those with disabilities. They achieve this by renting out apartments at a complex comprising 76 units, under Section 202 of the National Housing Act. The organization's primary goal is to ensure that these vulnerable groups have access to suitable housing accommodations. They strive to create a living environment that caters to their specific needs, thereby improving their quality of life. The Pccoa Housing Authority plays a crucial role in addressing the housing needs of the elderly and handicapped population, providing them with a secure and comfortable living space.
Who is the CEO of Pccoa Housing Authority?
Becky Hanley is the Executive Di of Pccoa Housing Authority.
What is the revenue of Pccoa Housing Authority?
Pccoa Housing Authority's revenue in 2022 was $661,647.
Who are the executives of Pccoa Housing Authority and what are their salaries?
The average compensation at Pccoa Housing Authority during 2022 was $63,468. There are 4 employees at Pccoa Housing Authority.
Here are 5 key members and their salaries:
- Compensation: $85,562
- 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
Where can I find the form 990 for Pccoa Housing Authority?
Pccoa Housing Authority's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pccoa Housing Authority
Pccoa Housing Authority, as a nonprofit organization, is dedicated to serving the housing needs of elderly individuals and those with disabilities. Their primary mission is to provide suitable living facilities for these groups of people. They achieve this by renting out apartments within an apartment complex, which comprises 76 units, under Section 202 of the National Housing Act. By offering affordable housing options, Pccoa Housing Authority aims to enhance the quality of life for its residents, ensuring they can live comfortably and independently.
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Impact
July, 2024
Pccoa Housing Authority's impact lies in providing crucial housing facilities for elderly and handicapped individuals in Weatherford, TX. By renting out apartments at an apartment complex with 76 units under Section 202 of the National Housing Act, this organization plays a vital role in ensuring that these vulnerable populations have access to safe and affordable housing. Their mission to serve the elderly and handicapped community contributes significantly to improving the quality of life and well-being of individuals in need.
This information is meant to be a general summary of Pccoa Housing Authority. 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: $291
- Program Service Revenue: $631,312
- Gross Receipts: $661,647
Assets and Liabilities:
- Total Assets: $623,066
- Total Liabilities: $1,520,170
- Net Assets: -$897,104
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD HOUSING ASSISTANCE
Revenue
$425,258
APARTMENT RENTAL
Revenue
$206,054
Organization Details
Phone
(817) 596-3883Principal Officer
Becky Hanley
Main Address
1301 HOLLAND LAKE DRIVE, WEATHERFORD, TX, 76086
NTEE Category
Code: L210 - Housing
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