Overview
What is Partnership For Housing Affordability?
The Partnership for Housing Affordability (PHA) is a dedicated nonprofit organization situated in Richmond, Virginia. In 2022, their primary focus was on implementing the strategies outlined in the Richmond Regional Housing Framework, which encompassed expanding the supply of rental housing in the region, collaborating with other entities to address the racial wealth gap, and advocating for local housing policies. PHA engaged with 704 community partners in 4 jurisdictions, delivering 32 presentations on housing affordability in the Richmond area. The organization's mission is to promote affordable housing policies that cater to the needs of the community, thereby enhancing the region's economic vitality, attractiveness, and competitiveness.
Official website here: www.pharva.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Partnership for Housing Affordability has received a strong rating of 96% from Charity Navigator, which reflects its commitment to accountability and financial transparency. The organization achieved a Four-Star rating, indicating that it consistently meets high standards in its financial practices. This score is based entirely on its Accountability & Finance metrics, underscoring the importance of fiscal responsibility in nonprofit operations.
The organization exhibits several strengths, including an independent board comprised entirely of members who contribute to its governance. It has a robust oversight framework, with a dedicated audit and oversight committee ensuring financial integrity. Additionally, the organization maintains a strong program expense ratio of 85.64%, indicating that a significant portion of its expenditures directly supports its mission.
There are no noted limitations in the data regarding this organization, which further emphasizes its reliability and effective governance. Overall, Partnership for Housing Affordability demonstrates a solid commitment to managing its resources in a responsible and transparent manner, making it a trustworthy choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Partnership For Housing Affordability legitimate?
Partnership For Housing Affordability is a legitimate nonprofit organization registered as a 501(c)(3) entity. Partnership For Housing Affordability 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: $345,322
For more financial information, click here
Official website here: www.pharva.com
What is the mission statement of Partnership For Housing Affordability?
The Partnership for Housing Affordability, in its mission, focuses on promoting affordable housing policies that cater to the needs of all citizens. By leveraging coordination, education, and leadership, the organization aims to enhance the economic vitality, attractiveness, and competitiveness of the region. The ultimate goal is to create a housing environment that benefits everyone, thereby contributing to a stronger and more prosperous community. In 2022, the Partnership implemented strategies outlined in the Richmond Regional Housing Framework, including increasing the supply of rental housing, collaborating with partners to address the racial wealth gap, and advocating for local housing policies.
Official website here: www.pharva.com
Who is the CEO of Partnership For Housing Affordability?
Jovan Burton is the Vice Chair of Partnership For Housing Affordability.
Official website here: www.pharva.com
What is the revenue of Partnership For Housing Affordability?
Partnership For Housing Affordability's revenue in 2022 was $921,605.
Official website here: www.pharva.com
Who are the executives of Partnership For Housing Affordability and what are their salaries?
There 18 volunteers at Partnership For Housing Affordability.
Here are 18 key members and their salaries:
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Official website here: www.pharva.com
Where can I find the form 990 for Partnership For Housing Affordability?
Partnership For Housing Affordability's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pharva.com
Learn more at the official website: www.pharva.com
Mission Statement of Partnership For Housing Affordability
The Partnership for Housing Affordability, in its mission, strives to facilitate collaboration, education, and leadership in promoting housing policies that cater to the needs of all citizens. By doing so, the organization aims to enhance the economic vitality, attractiveness, and competitiveness of the region. This mission is achieved through the promotion of policies that increase the supply of affordable rental housing, address racial wealth disparities, and encourage the development of local housing policies. In 2022, the Partnership made significant strides in implementing these solutions, engaging with 704 community partners across 4 jurisdictions through 32 presentations on housing affordability in the Richmond region.
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Impact
July, 2024
Partnership For Housing Affordability's impact includes promoting affordable housing policies that meet the needs of all citizens and strengthen the region's economic vitality, attractiveness, and competitiveness. In 2022, PHA continued to implement solutions outlined in the Richmond Regional Housing Framework. This included increasing the supply of rental housing, working to address the racial wealth gap, and encouraging the development of local housing policies. PHA made 32 presentations to 704 community partners in 4 jurisdictions about housing affordability in the Richmond region.
This information is meant to be a general summary of Partnership For Housing Affordability. 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: $374
- Gross Receipts: $921,605
Assets and Liabilities:
- Total Assets: $1,308,065
- Total Liabilities: $143,098
- Net Assets: $1,164,967
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Organization Details
Founding Year
2004
Phone
(804) 422-5008Principal Officer
Jovan Burton
Main Address
8975 Three Chopt Road, Richmond, VA, 232294656
Website
www.pharva.comNTEE Category
Code: B99 - Education
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