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Prh Preservation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 824106196 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Prh Preservation Inc?

Prh Preservation Inc, headquartered in Houston, Texas, is a dedicated nonprofit organization. Its primary mission is to preserve and enhance the historical character and culture of Houston's Third Ward, a neighborhood undergoing transition. To achieve this, Prh Preservation maintains existing buildings to provide long-term, affordable, and safe housing. In addition, they stimulate neighborhood redevelopment by raising funds to subsidize individual projects, thereby accelerating the area's growth. C. Hastings Johnson leads the organization, which plays a significant role in safeguarding the heritage and well-being of the Third Ward community.


Official website here: www.projectrowhouses.org/our-work/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star Rating

Prh Preservation Inc has achieved an overall score of 83%, which reflects its strong accountability and finance practices. The rating is derived entirely from its Accountability & Finance score, indicating a robust governance structure with all board members being independent, contributing to transparency and ethical management.

While the organization excels in areas such as board independence and financial management, there are notable weaknesses. The lack of a whistleblower policy and issues with document retention and destruction point to potential areas for improvement in governance practices. Furthermore, the nonprofit has not provided its tax form on its website, which could limit accessibility for stakeholders seeking transparency.

Overall, Prh Preservation Inc demonstrates a commendable commitment to accountability, but addressing its governance gaps could enhance its overall effectiveness and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Prh Preservation Inc legitimate?

Prh Preservation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prh Preservation 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: $0

For more financial information, click here


Official website here: www.projectrowhouses.org/our-work/

What is the mission statement of Prh Preservation Inc?

Prh Preservation Inc's mission is centered around preserving the historical character and culture of a specific neighborhood while facilitating its transition and development. The organization aims to achieve this by raising funds to subsidize individual projects, thereby accelerating the neighborhood's redevelopment. The primary objective is to ensure the availability of long-term, safe, and affordable housing in the area. By doing so, Prh Preservation Inc contributes to maintaining the community's unique identity while promoting its overall improvement.


Official website here: www.projectrowhouses.org/our-work/

Who is the CEO of Prh Preservation Inc?

C Hastings Johnson is the President of Prh Preservation Inc.


Official website here: www.projectrowhouses.org/our-work/

What is the revenue of Prh Preservation Inc?

Prh Preservation Inc's revenue in 2022 was $129,558.


Official website here: www.projectrowhouses.org/our-work/

Who are the executives of Prh Preservation Inc and what are their salaries?

There 6 volunteers at Prh Preservation Inc.


Here are 5 key members and their salaries:


C Hastings Johnson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bert Brown (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James V Derrick Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aarti Garehgrat (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eureka N Gilkey (Executive Director)
  • Compensation: $0
  • Related: $135,620
  • Other: $10,940


Official website here: www.projectrowhouses.org/our-work/

Where can I find the form 990 for Prh Preservation Inc?

Prh Preservation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.projectrowhouses.org/our-work/

Learn more at the official website: www.projectrowhouses.org/our-work/

Mission Statement of Prh Preservation Inc

Prh Preservation Inc, a nonprofit organization, is dedicated to preserving the historical character and culture of Houston's Third Ward as it undergoes transition. Their mission is twofold: firstly, they work to maintain safe and affordable housing in the area by maintaining existing buildings. Secondly, they accelerate the neighborhood's redevelopment by raising funds to subsidize individual projects. In essence, Prh Preservation Inc strives to balance the need for change with the preservation of the area's heritage, ensuring a sustainable future for the Third Ward.

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Impact




October, 2024

Prh Preservation Inc plays a crucial role in maintaining the integrity and historical character of Houston's Third Ward. By preserving buildings in this neighborhood, the organization safeguards long-term, safe, and affordable housing for its residents. As the Third Ward undergoes redevelopment, Prh Preservation is dedicated to ensuring that the cultural heritage of the area is not lost amid the changes.

The organization focuses on raising funds to subsidize individual projects, which enables it to tackle the challenges of housing accessibility in a transitioning environment. By fostering a balance between development and preservation, Prh Preservation Inc contributes to the stability of the community, allowing its residents to thrive while honoring the rich history of the Third Ward. This commitment not only enhances the quality of life for current inhabitants but also strengthens the neighborhood's cultural fabric for future generations.




This information is meant to be a general summary of Prh Preservation 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.

Revenue
$129,558 (2022)
Expenses
$189,021 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $129,558
  • Gross Receipts: $129,558

Assets and Liabilities:

  • Total Assets: $2,840,818
  • Total Liabilities: $50,993
  • Net Assets: $2,789,825

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Rental income

Revenue

$129,558

Organization Details

Founding Year

2018

Principal Officer

C Hastings Johnson

Main Address

PO Box 13, Houston, TX, 77001

NTEE Category

Code: L20 - Housing

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