Overview
What is Texas Inter Faith Management Corporation?
Texas Inter Faith Management Corporation is a nonprofit organization situated in Houston, Texas, specifically at 3701 Kirby Drive Suite 860. Their primary focus is on providing property management services for thirteen properties, which serve as homes for families with low income. Beyond property management, they offer social services within these low-income housing properties, demonstrating a holistic approach to support the communities they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating 86% - Three-Star out of Four Star rating
Texas Inter Faith Management Corporation has received an 86% score from Charity Navigator, reflecting a strong emphasis on accountability and finance. This rating indicates a commitment to transparency, with the organization achieving high scores in several key areas such as having a majority of independent board members and effective financial oversight through an audit and oversight committee.
The organization demonstrates good financial health, maintaining a low liabilities to assets ratio and a high program expense ratio, which signifies that a significant portion of its expenditures is directed towards its programs. However, there are some areas for improvement, particularly in governance policies, as the organization is noted to be lacking in its whistleblower and document retention policies.
Overall, the organization shows a solid commitment to accountability, but addressing the noted deficiencies in governance could enhance its operational integrity and further bolster public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Inter Faith Management Corporation legitimate?
Texas Inter Faith Management Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Inter Faith Management 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
What is the mission statement of Texas Inter Faith Management Corporation?
Texas Inter Faith Management Corporation's mission is centered around property management and social services, specifically catering to low-income housing properties. Their mission is to effectively manage these properties while providing vital social services to the families residing within. The organization offers comprehensive property management services for thirteen such properties, ensuring a livable environment for the low-income families who call them home.
Who is the CEO of Texas Inter Faith Management Corporation?
Chasity Elizondo is the Exec. Director of Texas Inter Faith Management Corporation.
What is the revenue of Texas Inter Faith Management Corporation?
Texas Inter Faith Management Corporation's revenue in 2022 was $2,099,885.
Who are the executives of Texas Inter Faith Management Corporation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $150,327
- 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 Texas Inter Faith Management Corporation?
Texas Inter Faith Management Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Texas Inter Faith Management Corporation
Texas Inter Faith Management Corporation is dedicated to providing both property management services and social assistance at low-income housing properties. Their mission is centered around managing and maintaining thirteen different properties that offer shelter for families with limited financial resources. This organization goes beyond just property management, as they also prioritize offering social services to the residents living in these properties.
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Impact
July, 2024
Texas Inter Faith Management Corporation's impact can be seen through the provision of property management services and social services for low-income families residing in thirteen housing properties in Houston, Texas. Their mission focuses on managing these properties effectively and providing essential services to support individuals and families in need of affordable housing. Through their work, they contribute to improving the living conditions and overall well-being of low-income households in the community.
This information is meant to be a general summary of Texas Inter Faith Management 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: -$90,873
- Program Service Revenue: $2,190,758
- Gross Receipts: $2,099,885
Assets and Liabilities:
- Total Assets: $5,630,043
- Total Liabilities: $1,073,351
- Net Assets: $4,556,692
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES AND SUPPORTIVE SERVICES INCOME
Revenue
$2,190,758
Organization Details
Phone
(713) 526-6634Principal Officer
Chasity Elizondo
Main Address
3701 Kirby Drive Suite 860, Houston, TX, 77098
NTEE Category
Code: L21 - Housing
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