Overview
What is Pecan Village Inc?
Pecan Village Inc, also known as Pecan Village Apartments, is a nonprofit organization situated in Houston, Texas. Their primary mission lies in providing housing opportunities for individuals with disabilities, in accordance with Section 811 of the National Housing Act. They have entered into an agreement with the Department of HUD to facilitate this initiative. With a small team of one employee, Pecan Village Inc is dedicated to enhancing living conditions for individuals with disabilities, contributing to a more inclusive community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating. This high score reflects Pecan Village Inc's strong performance in accountability and finance, indicating that the organization operates with a high level of transparency and responsibility in its financial practices. The overall score is derived entirely from the accountability and finance beacon, which is a significant indicator of the nonprofit's effectiveness.
Strengths of Pecan Village Inc include a fully independent board, with 100% of its members meeting independence criteria. The organization demonstrates exemplary practices by having no material diversion of assets and by implementing robust policies related to conflicts of interest, whistleblower protection, and document retention. Additionally, the program expense ratio stands at an impressive 88.27%, suggesting that a significant portion of its resources is directed towards its mission-driven programs.
While the data reflects strong governance and financial management, there are no noted limitations or areas for improvement in the provided information. Overall, Pecan Village Inc showcases a commendable commitment to ethical practices and effective use of resources, contributing positively to its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Pecan Village Inc legitimate?
Pecan Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pecan Village 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: $5,467
For more financial information, click here
What is the mission statement of Pecan Village Inc?
Pecan Village Inc, as a committed organization, focuses on providing housing solutions for individuals with disabilities. This is accomplished under Section 811 of the National Housing Act, through an agreement with the Department of Housing and Urban Development (HUD). Their mission is centered around offering suitable living spaces, aiming to enhance the quality of life for the disabled community. By collaborating with HUD, they are able to extend this opportunity to a broader range of individuals in need. Their primary goal is to ensure that disabled individuals have access to safe, comfortable, and suitable housing options, thereby contributing to their overall well-being and independence.
Who is the CEO of Pecan Village Inc?
Neal Sarahan is the Director of Pecan Village Inc.
What is the revenue of Pecan Village Inc?
Pecan Village Inc's revenue in 2022 was $113,149.
Who are the executives of Pecan Village Inc and what are their salaries?
The average compensation at Pecan Village Inc during 2022 was $5,467. There is 1 employee at Pecan Village Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $132,026
- Other: $0
- 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 Pecan Village Inc?
Pecan Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pecan Village Inc
Pecan Village Inc, as a nonprofit organization, is dedicated to providing housing solutions for individuals with disabilities. This commitment is in line with Section 811 of the National Housing Act, and it operates under an agreement with the Department of Housing and Urban Development (HUD). In essence, Pecan Village Inc's mission is to offer residential accommodations that cater to the needs of disabled individuals, ensuring they have a suitable living environment. This mission is a testament to Pecan Village Inc's commitment to promoting inclusivity and equitable housing opportunities for all, regardless of their physical abilities.
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Impact
October, 2024
Pecan Village Inc significantly impacts the community by offering safe and accessible housing for individuals with disabilities. Operating under Section 811 of the National Housing Act, this organization collaborates with the Department of HUD to ensure that disabled persons have reliable housing options in Houston, TX. By providing these essential living arrangements, Pecan Village Inc enhances the quality of life for its residents, fostering independence and stability. The initiative not only addresses the critical need for appropriate housing but also promotes inclusion and accessibility within the broader community.
This information is meant to be a general summary of Pecan Village 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: $29
- Program Service Revenue: $112,299
- Gross Receipts: $113,149
Assets and Liabilities:
- Total Assets: $744,641
- Total Liabilities: $12,502
- Net Assets: $732,139
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT AND CHARGE
Revenue
$58,447
RENT ASSISTANCE HUD
Revenue
$54,599
VACANCIES
Revenue
-$747
Organization Details
Founding Year
2002
Phone
(713) 526-9470Principal Officer
Neal Sarahan
Main Address
2211 NORFOLK STREET 614, HOUSTON, TX, 77098
NTEE Category
Code: L20 - Housing
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