Overview
What is Pahc Apartments Inc?
Pahc Apartments Inc is a nonprofit organization situated in Palo Alto, California, specifically at 3460 W Bayshore Road 104. Their primary mission is to provide decent and affordable housing for individuals with low income. This commitment extends to the local communities of Santa Clara and San Mateo Counties. By developing and operating housing for this demographic, Pahc Apartments Inc aims to alleviate the financial burden on local governments. Their objective is to ensure that low and moderate income persons have access to housing, thereby contributing to a more equitable living environment.
Official website here: www.altahousing.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star rating
Pahc Apartments Inc has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. This rating is based entirely on their Accountability & Finance score of 96%, which showcases the organization’s efficient management of resources and high standards in governance practices.
The organization boasts a fully independent board, with all 16 members meeting the criteria for independence. Pahc Apartments Inc also excels in several other areas, including having no material diversion of assets, a solid program expense ratio of 95.75%, and comprehensive policies related to conflict of interest, whistleblowing, and document retention. These factors highlight a well-structured organization that prioritizes ethical operations.
While the financial metrics are strong, it is essential for potential donors and stakeholders to stay informed about the organization's program impacts and community engagement. No specific limitations were noted in the available data, indicating a well-rounded and responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Pahc Apartments Inc legitimate?
Pahc Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pahc Apartments 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: $162,192
For more financial information, click here
Official website here: www.altahousing.org/
What is the mission statement of Pahc Apartments Inc?
Pahc Apartments Inc's mission is centered around providing housing for individuals with modest incomes. Their primary objective is to alleviate the burden on local governments by developing and managing affordable housing units within Santa Clara and San Mateo Counties. The organization strives to offer decent and affordable living spaces for these income groups, contributing to a more inclusive and balanced community.
Official website here: www.altahousing.org/
Who is the CEO of Pahc Apartments Inc?
Randal Tsuda is the Chair of Pahc Apartments Inc. The CEO's salary of Pahc Apartments Inc is $0 and their total compensation is $339,749.
Official website here: www.altahousing.org/
What is the revenue of Pahc Apartments Inc?
Pahc Apartments Inc's revenue in 2022 was $4,276,884.
Official website here: www.altahousing.org/
Who are the executives of Pahc Apartments Inc and what are their salaries?
There 16 volunteers at Pahc Apartments Inc.
Here are 18 key members and their salaries (Pahc Apartments Inc's CEO's salary is $0 and their total compensation is $339,749):
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- Related: $278,200
- Other: $61,549
- Compensation: $0
- Related: $193,145
- Other: $50,536
Official website here: www.altahousing.org/
Where can I find the form 990 for Pahc Apartments Inc?
Pahc Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.altahousing.org/
Learn more at the official website: www.altahousing.org/
Mission Statement of Pahc Apartments Inc
Pahc Apartments Inc, a nonprofit organization, is dedicated to providing decent and affordable housing for low-income individuals. Their mission is twofold: firstly, to offer housing solutions for individuals with low and moderate incomes. Secondly, they aim to alleviate the financial burden on local governments by developing and managing housing facilities for this income group within Santa Clara and San Mateo Counties. By providing affordable housing, Pahc Apartments Inc contributes to the well-being of its community members, enabling them to live with dignity and stability.
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Impact
July, 2024
Pahc Apartments Inc's impact is evident in the provision of decent, affordable housing for low-income individuals in Palo Alto, CA. By offering housing options to those in need, Pahc Apartments Inc is actively working towards its mission of providing housing for low and moderate-income persons. Through their initiatives, they aim to lessen the burden on local government by developing and operating housing projects within Santa Clara and San Mateo counties. This commitment to addressing the housing needs of vulnerable populations contributes positively to the community by promoting stability and social well-being.
This information is meant to be a general summary of Pahc Apartments 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: $5,411
- Program Service Revenue: $4,271,473
- Gross Receipts: $4,276,884
Assets and Liabilities:
- Total Assets: $13,966,831
- Total Liabilities: $2,814,776
- Net Assets: $11,152,055
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME FROM AFFORDABLE
Revenue
$2,850,175
RENTAL INCOME
Revenue
$816,007
HOUSING ASSISTANCE PAY
Revenue
$605,291
Organization Details
Founding Year
1990
Phone
(650) 321-9709Principal Officer
Randal Tsuda
Main Address
3460 W BAYSHORE ROAD 104, PALO ALTO, CA, 94303
Website
www.altahousing.org/NTEE Category
Code: Z99Z - Unknown
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