Overview
What is Apv Redevelopment Corporation?
Apv Redevelopment Corporation is a Houston, Texas-based nonprofit organization dedicated to enhancing community welfare. By investing in or loaning funds, they enable the development of affordable housing units for low-income families in Harris County, Texas. Their mission encompasses not just providing affordable housing, but also extending vital support services to the residents of these housing units.
Official website here: www.housingforhouston.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star rating
The Apv Redevelopment Corporation has earned a Three-Star rating from Charity Navigator, reflecting a solid commitment to accountability and finance, with a score of 77%. This rating is based entirely on their financial practices, indicating a strong emphasis on transparency and responsible management of resources.
The organization showcases significant strengths, including a fully independent board with a commitment to ethical governance. They have a solid track record of no material diversion of assets and maintain sound financial health with a low liabilities to assets ratio. Additionally, their program expense ratio is impressive, indicating that all their expenditures are directed towards their mission.
However, the organization has a noted limitation with the absence of a whistleblower policy, which could be a potential area for improvement. Adopting such a policy would enhance their accountability framework and provide greater assurance to stakeholders regarding ethical practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Apv Redevelopment Corporation?
56% of 31 reviewers on Facebook recommend the Apv Redevelopment Corporation. Here is a summary of their reviews:
The sentiment among those who provided feedback appears mixed, with some expressing frustration regarding the organization's housing assistance processes. One review highlights a negative experience related to being chosen for an opportunity but ultimately facing a lack of housing, indicating dissatisfaction with the support provided.
Overall, it seems that while there may be some positive experiences, significant concerns exist regarding the effectiveness of the services offered, particularly for individuals in urgent need of housing.
This AI summary has been generated from reviews found on Facebook.
Is Apv Redevelopment Corporation legitimate?
Apv Redevelopment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Apv Redevelopment Corporation 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
Official website here: www.housingforhouston.com
What is the mission statement of Apv Redevelopment Corporation?
The Apv Redevelopment Corporation focuses on enhancing community welfare by supplying decent and affordable housing options for low-income families. Based in Texas, the organization invests in or loans funds for affordable housing units to accommodate those in need. By providing housing and support services, Apv Redevelopment Corporation aims to improve the living conditions and overall well-being of its residents. The organization's efforts extend beyond housing, as it also offers essential assistance and resources to enrich the lives of the families it serves.
Official website here: www.housingforhouston.com
Who is the CEO of Apv Redevelopment Corporation?
Mark Thiele is the Secretary/Treasurer/Direct of Apv Redevelopment Corporation.
Official website here: www.housingforhouston.com
What is the revenue of Apv Redevelopment Corporation?
Apv Redevelopment Corporation's revenue in 2022 was $29,802,457.
Official website here: www.housingforhouston.com
Who are the executives of Apv Redevelopment Corporation and what are their salaries?
There 3 volunteers at Apv Redevelopment Corporation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.housingforhouston.com
Where can I find the form 990 for Apv Redevelopment Corporation?
Apv Redevelopment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.housingforhouston.com
Learn more at the official website: www.housingforhouston.com
Mission Statement of Apv Redevelopment Corporation
Apv Redevelopment Corporation, a dedicated nonprofit organization, strives to enhance community welfare by supplying affordable housing options and essential support services to low-income families in their community. By investing in and loaning funds for affordable housing units, Apv Redevelopment Corporation provides a decent living environment for those in need.
In their mission to uplift families, Apv Redevelopment Corporation goes beyond just offering housing. They extend their reach by offering support services to the residents of those housing units. Apv Redevelopment Corporation's ultimate goal is to create thriving communities where families can build a better future for themselves.
Through their commitment to community welfare, Apv Redevelopment Corporation fosters a sustainable living environment, empowering low-income families to overcome the challenges they face and thrive in their new homes. Their investment in affordable housing and provision of support services is a beacon of hope for families seeking a brighter future.
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Impact
October, 2024
Apv Redevelopment Corporation plays a crucial role in enhancing community welfare by addressing the housing needs of low-income families in Houston and Harris County, Texas. By investing in and providing funding for affordable housing units, the organization helps ensure that families have access to decent housing that fits their financial capabilities.
Beyond just housing, Apv Redevelopment Corporation also offers essential support services to its residents. This holistic approach not only provides shelter but fosters a supportive community environment, empowering residents to thrive. The impact of their work contributes to stabilizing neighborhoods, reducing homelessness, and promoting economic mobility through better living conditions. In a city where the demand for affordable housing is significant, their efforts are vital in creating sustainable solutions for those in need.
This information is meant to be a general summary of Apv Redevelopment Corporation. 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: $49,338
- Program Service Revenue: $29,753,119
- Gross Receipts: $29,802,457
Assets and Liabilities:
- Total Assets: $99,544,332
- Total Liabilities: $13,793,755
- Net Assets: $85,750,577
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEE INCOME
Revenue
$31,205,683
1300 NPO OWNER
Revenue
$11,461
APV HEATHERBROOK
Revenue
-$7
TX PENSINSULA APARTMENTS
Revenue
-$19
APV FULTON VILLAGE
Revenue
-$47
Organization Details
Founding Year
1997
Phone
(713) 260-0501Principal Officer
Mark Thiele
Main Address
2640 FOUNTAINVIEW 400, HOUSTON, TX, 77057
Website
www.housingforhouston.comNTEE Category
Code: L20 - Housing
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