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Evergreen Commons Inc

Evergreen Commons

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 760305467 ✦ Conroe, TX ✦ Designated as a 501(c)(3)

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Overview

What is Evergreen Commons Inc?

Evergreen Commons Inc, located at 21059 Blair Road, Conroe, Texas 77385, is a nonprofit organization with a mission to provide elderly and handicapped individuals with low-income housing facilities and services specifically designed to cater to their physical, social, and psychological needs. This organization, also known as Evergreen Commons, aims to promote their health, security, happiness, and usefulness. It currently provides benefits under Section 202 of the National Housing Act to at least 73 eligible tenants. With a dedicated workforce of 4 individuals, Evergreen Commons Inc strives to create a supportive living environment for its residents.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75% (Three-Star out of Four Star Rating)

Evergreen Commons Inc has received a 75% rating from Charity Navigator, indicative of a satisfactory performance in accountability and finance. The organization shows a strong commitment to transparency, with a fully independent board and no material diversion of assets. Additionally, they have solid financial practices, including a perfect score for their audited financial statements.

The nonprofit's program expense ratio is impressive at 90.18%, suggesting that a significant portion of its expenses is directed toward its programs rather than administrative costs. This efficient allocation of resources reflects positively on the organization’s mission-driven focus. Furthermore, the presence of a whistleblower policy and proper document retention protocols enhances its governance framework.

However, while the rating is solid, there is room for improvement in overall score, as the organization falls short of the highest ratings. Continued efforts in enhancing operational efficiency and transparency may help Evergreen Commons Inc build on its strengths and address any potential weaknesses in its financial management practices.


This AI summary has been generated from information found on Charity Navigator.

Is Evergreen Commons Inc legitimate?

Evergreen Commons Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Evergreen Commons 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: $145,151

For more financial information, click here

What is the mission statement of Evergreen Commons Inc?

Evergreen Commons Inc's mission is centered around providing specialized housing facilities and services for elderly and handicapped individuals with low income. The organization aims to cater to their physical, social, and psychological needs, promoting their health, security, happiness, and usefulness. Evergreen Commons Inc strives to enhance their residents' quality of life, ensuring they have a safe and supportive environment. Under Section 202 of the National Housing Act, at least 73 tenants who meet the low-income housing guidelines benefit from its services.

Who is the CEO of Evergreen Commons Inc?

Homer Allison is the President of Evergreen Commons Inc.

What is the revenue of Evergreen Commons Inc?

Evergreen Commons Inc's revenue in 2023 was $648,645.

Who are the executives of Evergreen Commons Inc and what are their salaries?

The average compensation at Evergreen Commons Inc during 2023 was $36,288. There are 4 employees at Evergreen Commons Inc.


Here are 3 key members and their salaries:


Homer Allison (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nannette Vallis (Secretary/Treasurer)
  • Compensation: $0
  • Related: $100,586
  • Other: $19,982
Kenneth Tann (Vice President)
  • Compensation: $0
  • Related: $133,307
  • Other: $19,982
Where can I find the form 990 for Evergreen Commons Inc?

Evergreen Commons Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Evergreen Commons Inc

Evergreen Commons Inc is an organization dedicated to providing housing facilities and services tailored to meet the unique needs of elderly and handicapped individuals with low income. Their mission is twofold: firstly, to offer specialized housing that caters to the physical, social, and psychological requirements of these individuals. Secondly, they aim to promote their health, security, happiness, and usefulness. By doing so, Evergreen Commons Inc seeks to enhance the lives of its residents, ensuring they live in a safe, supportive, and fulfilling environment. The organization's efforts are underpinned by Section 202 of the National Housing Act, which benefits at least 73 tenants who meet the criteria for low-income housing guidelines.

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Impact




July, 2024

Evergreen Commons Inc's impact is evident in the vital support it provides to elderly and handicapped individuals with low income in Conroe, TX. By offering specially designed housing facilities and services tailored to meet their needs, the organization ensures that these individuals have access to a nurturing environment that promotes their health, security, happiness, and usefulness. Through the benefits provided under Section 202 of the National Housing Act, Evergreen Commons Inc positively impacts the lives of at least 73 tenants who meet low-income housing guidelines, enabling them to live with dignity and support.




This information is meant to be a general summary of Evergreen Commons 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.

Revenue
$648,645 (2023)
Expenses
$617,459 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $146
  • Program Service Revenue: $648,499
  • Gross Receipts: $648,645

Assets and Liabilities:

  • Total Assets: $820,238
  • Total Liabilities: $2,619,576
  • Net Assets: -$1,799,338

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

HUD SUBSIDY

Revenue

$469,069

RENT REVENUE

Revenue

$173,841

LAUNDRY AND VENDING

Revenue

$2,797

TENANT CHARGES

Revenue

$2,451

MISCELLANEOUS

Revenue

$341

Organization Details

Founding Year

1990

Principal Officer

Homer Allison

Main Address

21059 BLAIR ROAD, CONROE, TX, 77385

NTEE Category

Code: L21Z - Housing

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