Overview
What is Pineywoods Home Team Affordable Housing?
Pineywoods Home Team Affordable Housing is a nonprofit organization dedicated to addressing housing needs for low-income and disadvantaged individuals. Their mission involves creating, developing, and managing community housing to provide a suitable living space for these groups. The organization's primary goal is to ensure affordable housing for those in need, contributing positively to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Star rating. This rating signifies a moderate level of performance, indicating that while Pineywoods Home Team Affordable Housing has some strengths, there are notable areas for improvement, particularly in financial health.
The organization demonstrates a strong commitment to governance with a fully independent board and effective policies in place. Key strengths include a high program expense ratio of 91.03%, suggesting that the majority of funds are directed toward programs rather than administrative costs. The board's practices, including documented meeting minutes and a solid conflict of interest policy, further reinforce its accountability.
However, the organization faces significant challenges with a liabilities to assets ratio of 329.61%, indicating potential financial instability. This high ratio raises concerns about the organization's ability to meet its obligations and suggests a need for better financial management. Overall, while Pineywoods Home Team Affordable Housing shows a dedication to its mission, it must address its financial health to ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Pineywoods Home Team Affordable Housing legitimate?
Pineywoods Home Team Affordable Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pineywoods Home Team Affordable 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: $36,880
For more financial information, click here
What is the mission statement of Pineywoods Home Team Affordable Housing?
Pineywoods Home Team Affordable Housing is dedicated to providing housing solutions for low-income and disadvantaged individuals. They achieve this by actively engaging in the creation, development, and management of community housing projects. The organization's primary goal is to ensure that these individuals have access to safe and affordable housing options. By doing so, they strive to contribute positively to the well-being and livelihoods of the communities they serve.
Who is the CEO of Pineywoods Home Team Affordable Housing?
Carol Moore is the Board Member of Pineywoods Home Team Affordable Housing.
What is the revenue of Pineywoods Home Team Affordable Housing?
Pineywoods Home Team Affordable Housing's revenue in 2022 was $189,647.
Who are the executives of Pineywoods Home Team Affordable Housing and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Pineywoods Home Team Affordable Housing?
Pineywoods Home Team Affordable Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pineywoods Home Team Affordable Housing
Pineywoods Home Team Affordable Housing is dedicated to providing housing solutions for low-income and disadvantaged individuals. This nonprofit organization undertakes the task of creating, developing, and managing community housing to accommodate these individuals in need. By offering this service, Pineywoods Home Team Affordable Housing aims to make a significant impact on the lives of those who may otherwise struggle with housing stability. The organization's mission is to bridge the gap between housing availability and affordability, ensuring that all individuals have a safe and secure place to call home.
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Impact
October, 2024
Pineywoods Home Team Affordable Housing significantly impacts the community by addressing the critical need for affordable housing among low-income and disadvantaged individuals. By creating, developing, and managing community housing, it ensures that vulnerable populations have access to safe and stable living environments in Lufkin, TX.
This initiative not only improves living conditions but also fosters a sense of community and belonging among residents. By focusing on affordable housing solutions, Pineywoods Home Team helps to reduce homelessness and housing instability, allowing individuals and families to thrive. Additionally, the organization plays a vital role in promoting economic mobility and overall community well-being, as stable housing is a fundamental foundation for other aspects of life, including education, employment, and health.
This information is meant to be a general summary of Pineywoods Home Team Affordable 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.
- Program Service Revenue: $83,704
- Gross Receipts: $189,647
Assets and Liabilities:
- Total Assets: $583,212
- Total Liabilities: $1,807,010
- Net Assets: -$1,223,798
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT LOW INCOME HOUSING
Revenue
$83,614
APPLICATION FEES
Revenue
$90
Organization Details
Founding Year
1996
Phone
(936) 699-4755Principal Officer
Carol Moore
Main Address
PO BOX 150740, LUFKIN, TX, 75915
NTEE Category
Code: L20 - Housing
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