Overview
What is Valentine Court Ii Inc?
Valentine Court II Inc, based in San Luis Obispo, California, is a nonprofit organization committed to offering affordable housing solutions. Specifically, they cater to the elderly and individuals with disabilities, adhering to Section 202 of the National Housing Act of 1959. Their mission extends beyond just providing housing, as they also strive to foster self-sufficiency among low-income families, seniors, and other special needs groups. This is accomplished through various programs in the Central Coast region of California.
Official website here: www.pshhc.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Valentine Court II Inc has achieved a 76% rating, placing it in the Three-Star category. This score is derived entirely from its Accountability & Finance metrics, indicating a strong emphasis on transparent financial practices. Notably, the organization has a fully independent board with 10 out of 10 members, and they have demonstrated effective management of their assets with no reported diversion.
The charity excels in certain areas, such as maintaining a high program expense ratio of 100%, which reflects a commitment to directing funds towards its core mission. Additionally, it has made its board meeting minutes accessible, which contributes positively to its transparency. However, there are areas for improvement, such as the absence of a conflict of interest policy, whistleblower policy, and documentation on retention and destruction, which are shortcomings in their governance practices.
Overall, while Valentine Court II Inc shows strength in certain financial management aspects, the lack of critical governance policies may raise concerns for potential donors about its operational transparency and accountability. Addressing these policy gaps could enhance their standing in the nonprofit community.
This AI summary has been generated from information found on Charity Navigator.
Is Valentine Court Ii Inc legitimate?
Valentine Court Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valentine Court Ii 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:
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Other Salaries and Wages: $27,350
For more financial information, click here
Official website here: www.pshhc.org/
What is the mission statement of Valentine Court Ii Inc?
Valentine Court II Inc, as an organization, is committed to providing affordable housing and resources that foster self-sufficiency for low-income families, seniors, and other special needs groups residing on California's Central Coast. Their mission is twofold: firstly, to offer affordable housing, and secondly, to supply programs that encourage self-sufficiency. These programs are designed to help individuals overcome various challenges and attain financial independence. This organization's mission aligns with Section 202 of the National Housing Act of 1959, which focuses on providing housing for the elderly and handicapped.
Official website here: www.pshhc.org/
Who is the CEO of Valentine Court Ii Inc?
Kenneth Trigueiro is the President of Valentine Court Ii Inc.
Official website here: www.pshhc.org/
What is the revenue of Valentine Court Ii Inc?
Valentine Court Ii Inc's revenue in 2022 was $128,177.
Official website here: www.pshhc.org/
Who are the executives of Valentine Court Ii 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 Valentine Court Ii Inc?
Valentine Court Ii 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 Valentine Court Ii Inc
Valentine Court II Inc, a nonprofit organization, is committed to providing affordable housing and programs that foster self-sufficiency for low-income families, seniors, and individuals with special needs, residing on California's Central Coast. Their mission is to create an environment where these groups can flourish, ensuring they have access to housing that is within their financial means, and the resources necessary to improve their overall quality of life. The organization operates 18 units of affordable rental housing for the elderly and handicapped, in adherence to Section 202 of the National Housing Act of 1959. This initiative is a testament to Valentine Court II Inc's dedication to supporting vulnerable populations, providing them with a safe and secure living environment.
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Impact
October, 2024
Valentine Court II Inc significantly impacts California's Central Coast by offering affordable housing and supportive programs aimed at fostering self-sufficiency among low-income families, seniors, and individuals with special needs. With 18 units of rental housing specifically designed for the elderly and handicapped, the organization addresses critical housing shortages in the region. Their initiatives not only provide a place to live but also create pathways for residents to enhance their quality of life through various support services, ultimately contributing to the community's economic stability and social well-being.
This information is meant to be a general summary of Valentine Court Ii 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: $7
- Program Service Revenue: $64,577
- Gross Receipts: $128,177
Assets and Liabilities:
- Total Assets: $960,669
- Total Liabilities: $40,324
- Net Assets: $920,345
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$64,577
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: L22Z - Housing
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