Overview
What is Los Robles Terrace Inc?
Los Robles Terrace Inc is a nonprofit organization situated in San Luis Obispo, California. Their primary mission is to offer 40 units of affordable housing for the elderly and disabled, adhering to section 202 of the Rental Housing Act of 1959. Beyond housing, they are dedicated to promoting self-sufficiency for low-income families, seniors, and other special needs groups residing on California's Central Coast. This is accomplished through various programs and initiatives.
Official website here: www.pshhc.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%, Zero-Star out of Four Star rating.
Los Robles Terrace Inc has received a low score of 36% from Charity Navigator, resulting in a Zero-Star rating. This rating reflects significant concerns regarding the charity's Accountability & Finance practices. While the organization scores well in certain areas, such as having a fully independent board and no material diversion of assets, it fails to meet critical standards in several other metrics.
Key strengths include a completely independent board with 12 members and a clear documentation of board meeting minutes. Despite these positives, the absence of essential policies like a Conflict of Interest Policy, Whistleblower Policy, and Document Retention and Destruction policy significantly impacted the overall rating. Additionally, the charity reported a concerning 0% in program expenses, which raises questions about its operational focus and effectiveness.
Overall, while Los Robles Terrace Inc demonstrates transparency in certain governance aspects, the lack of necessary policies and financial accountability raises serious concerns for potential donors and stakeholders. The organization's failure to allocate funds to its programs diminishes confidence in its ability to fulfill its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Los Robles Terrace Inc legitimate?
Los Robles Terrace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Robles Terrace 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.
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Official website here: www.pshhc.org/
What is the mission statement of Los Robles Terrace Inc?
Los Robles Terrace Inc's mission is centered around providing affordable housing and supporting programs that contribute to self-sufficiency for low-income families, senior citizens, and other individuals with special needs in California's Central Coast. Their mission is carried out through the provision of 40 units of affordable rental housing specifically designed for the elderly and handicapped, as per the Rental Housing Act of 1959. The organization's aim is to improve the living conditions and promote self-sufficiency for these vulnerable groups.
Official website here: www.pshhc.org/
Who is the CEO of Los Robles Terrace Inc?
Kenneth Trigueiro is the President of Los Robles Terrace Inc.
Official website here: www.pshhc.org/
What is the revenue of Los Robles Terrace Inc?
Los Robles Terrace Inc's revenue in 2022 was $0.
Official website here: www.pshhc.org/
Who are the executives of Los Robles Terrace Inc and what are their salaries?
Here are 21 key members and their salaries:
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Official website here: www.pshhc.org/
Where can I find the form 990 for Los Robles Terrace Inc?
Los Robles Terrace Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pshhc.org/
Learn more at the official website: www.pshhc.org/
Mission Statement of Los Robles Terrace Inc
Los Robles Terrace Inc is a nonprofit organization committed to providing affordable housing and resources that promote self-sufficiency for low-income families, seniors, and other special needs groups residing on California's Central Coast. Their mission is twofold: firstly, they offer affordable rental housing; and secondly, they provide programs that aim to help these individuals become self-sufficient. This is achieved through Section 202 of the Rental Housing Act of 1959, which allows Los Robles Terrace Inc to provide 40 units of housing specifically designed for the elderly and handicapped.
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Impact
October, 2024
Los Robles Terrace Inc significantly impacts the community by providing 40 units of affordable rental housing specifically for the elderly and handicapped in San Luis Obispo, California. This initiative caters to low-income families, seniors, and other special needs groups, creating a supportive living environment that fosters independence and self-sufficiency. By addressing the housing needs of vulnerable populations, Los Robles Terrace Inc plays a crucial role in enhancing the quality of life for its residents and promoting stability in the community on California's Central Coast. The programs offered alongside housing help individuals and families achieve greater self-reliance, making a lasting difference in their lives.
This information is meant to be a general summary of Los Robles Terrace 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.
Assets and Liabilities:
- Total Assets: $2,895,723
- Total Liabilities: $0
- Net Assets: $2,895,723
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Organization Details
Phone
(805) 781-3088Principal Officer
Kenneth Trigueiro
Main Address
1060 KENDALL ROAD, SAN LUIS OBISPO, CA, 93401
Website
www.pshhc.org/NTEE Category
Code: L22 - Housing
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