Overview
What is Boyce Property Assistance Inc?
Boyce Property Assistance Inc is a nonprofit organization situated in Boyce, Louisiana. Their primary mission is to offer affordable housing options for the elderly population in the area. With a strong focus on low-income individuals, St Matthew Apartments, a retirement home or senior housing program under their umbrella, serves as their flagship project. This initiative aims to provide a secure and comfortable living environment for the elderly community. While specific details about the nonprofit's size or additional programs are not provided in the information, it's clear that Boyce Property Assistance Inc is dedicated to enhancing the quality of life for the senior population in Boyce, Louisiana.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star Rating)
Boyce Property Assistance Inc has received a Two-Star rating from Charity Navigator, reflecting an overall score of 73%. This rating is solely based on the organization's Accountability & Finance metrics, which demonstrates a strong commitment to financial transparency and effective governance. The charity has a perfect score for having a majority of independent board members and no instances of asset diversion, indicating good oversight and ethical management practices.
The organization scored particularly well in several key areas, such as having a low liabilities to assets ratio of 2.59% and a program expense ratio of 73.52%. These figures suggest that a significant portion of its resources is devoted to its programs, which is a positive indicator for potential donors looking to understand how their contributions will be utilized.
However, the overall rating of 73% suggests there may be areas for improvement. While the accountability and financial practices are sound, the lack of additional performance metrics might limit a comprehensive evaluation of the organization's impact and effectiveness in fulfilling its mission. Overall, while Boyce Property Assistance Inc showcases strong governance, potential supporters may want to consider these factors before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Boyce Property Assistance Inc legitimate?
Boyce Property Assistance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boyce Property Assistance 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: $0
For more financial information, click here
What is the mission statement of Boyce Property Assistance Inc?
Boyce Property Assistance Inc's mission is focused on providing housing solutions for the elderly with limited income. This is achieved through their St Matthew Apartments program, located in an unspecified location. The primary goal of this retirement home or senior housing program is to offer affordable housing options for the elderly population. By doing so, Boyce Property Assistance Inc aims to contribute positively to the well-being and living conditions of this vulnerable group. The organization's commitment to this mission demonstrates a strong dedication to supporting the elderly community in need.
Who is the CEO of Boyce Property Assistance Inc?
Tracy Jones is the Director of Boyce Property Assistance Inc.
What is the revenue of Boyce Property Assistance Inc?
Boyce Property Assistance Inc's revenue in 2022 was $127,833.
Who are the executives of Boyce Property Assistance Inc and what are their salaries?
There 5 volunteers at Boyce Property Assistance Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Boyce Property Assistance Inc?
Boyce Property Assistance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Boyce Property Assistance Inc
Boyce Property Assistance Inc, as an organization, is dedicated to providing low-income housing for the elderly. Their primary mission is accomplished through St Matthew Apartments, a retirement home or senior housing program located in Boyce, Louisiana. The mission of this program is straightforward yet impactful: to offer affordable housing solutions for the elderly, ensuring they have a safe and comfortable living environment. By providing this service, Boyce Property Assistance Inc plays a crucial role in enhancing the quality of life for the elderly population, enabling them to age with dignity and independence.
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Impact
October, 2024
Boyce Property Assistance Inc significantly impacts the community by providing affordable housing for low-income elderly residents in Boyce, LA. Through its St Matthew Apartments, the organization offers a supportive living environment tailored to meet the needs of seniors. This initiative not only addresses the critical issue of housing affordability but also fosters a sense of community and belonging among its residents. By ensuring that elderly individuals have access to safe and stable housing, Boyce Property Assistance Inc contributes to their overall well-being and quality of life, helping to alleviate the challenges often faced by seniors in maintaining independence and dignity.
This information is meant to be a general summary of Boyce Property Assistance 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: $6
- Program Service Revenue: $127,827
- Gross Receipts: $127,833
Assets and Liabilities:
- Total Assets: $712,284
- Total Liabilities: $7,195
- Net Assets: $705,089
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSURANCE PROCEEDS
LAUNDRY AND VENDING
Revenue
$834
MISCELLANEOUS REVENUE
Revenue
$114
RENTAL INCOME
Revenue
$126,879
TENANT CHARGES
Organization Details
Phone
(318) 442-0187Principal Officer
Tracy Jones
Main Address
5606 OLD BOYCE ROAD, BOYCE, LA, 71409
NTEE Category
Code: L21 - Housing
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