Overview
What is Flexible Psh Solutions Inc?
Flexible PSH Solutions Inc, based in Los Angeles, California, is a nonprofit organization dedicated to addressing the issue of chronic homelessness by developing and managing permanent supportive housing (PSH) projects. Their innovative approach aims to increase the availability of PSH in California, providing vital housing and supportive services to prevent individuals from returning to the streets. In 2022, they achieved significant milestones with their Enlightenment Plaza project, securing construction financing and breaking ground on the first three phases, which will accommodate over 150 units of the planned 387 units. Moreover, they secured funding commitments for the next project phase, Locke Lofts, which will add an additional 150 affordable permanent supportive housing units to the Enlightenment Plaza campus. With 3 employees, Flexible PSH Solutions Inc continues to make strides in providing housing solutions and supportive services for the chronically homeless in California.
Official website here: www.flexiblepsh.org
Is Flexible Psh Solutions Inc legitimate?
Flexible Psh Solutions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Flexible Psh Solutions 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: $258,282
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.flexiblepsh.org
What is the mission statement of Flexible Psh Solutions Inc?
Flexible PSH Solutions Inc, as an organization, focuses on addressing the issue of chronic homelessness by developing and managing permanent supportive housing (PSH). Their innovative approach aims to increase the availability of PSH in California. They provide essential supportive services to their tenants to ensure they maintain a stable living situation, preventing them from returning to the streets. The organization has made strides in its mission by advancing the development of its Enlightenment Plaza project, successfully securing funding for the Montesquieu and Rousseau project phases.
Official website here: www.flexiblepsh.org
Who is the CEO of Flexible Psh Solutions Inc?
John E Molloy is the Ceo of Flexible Psh Solutions Inc. The CEO's salary of Flexible Psh Solutions Inc is $27,000 and their total compensation is $98,491.
Official website here: www.flexiblepsh.org
What is the revenue of Flexible Psh Solutions Inc?
Flexible Psh Solutions Inc's revenue in 2022 was $289,297.
Official website here: www.flexiblepsh.org
Who are the executives of Flexible Psh Solutions Inc and what are their salaries?
The average compensation at Flexible Psh Solutions Inc during 2022 was $86,094. There are 3 employees and 4 volunteers at Flexible Psh Solutions Inc.
Here are 9 key members and their salaries (Flexible Psh Solutions Inc's CEO's salary is $27,000 and their total compensation is $98,491):
- Compensation: $103,720
- Related: $0
- Other: $6,512
- Compensation: $27,000
- Related: $0
- Other: $71,491
- Compensation: $47,000
- Related: $0
- Other: $0
- Compensation: $4,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.flexiblepsh.org
Where can I find the form 990 for Flexible Psh Solutions Inc?
Flexible Psh Solutions Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.flexiblepsh.org
Learn more at the official website: www.flexiblepsh.org
Mission Statement of Flexible Psh Solutions Inc
Flexible PSH Solutions, Inc., as an organization, is committed to making a significant impact in addressing the issue of chronic homelessness in California. Their mission is twofold: firstly, they develop and operate permanent supportive housing (PSH), employing a creative approach to increase the availability of such housing. Secondly, they provide supportive services to ensure that their tenants maintain stable living situations, preventing them from returning to the streets. By doing so, Flexible PSH Solutions, Inc. plays a crucial role in improving the lives of the chronically homeless, providing them with a stable home environment and the necessary support to sustain this new way of living.
In pursuit of its mission, Flexible PSH Solutions, Inc. has made progress in the development of its Enlightenment Plaza project. Specifically, they have completed the project funding for the Montesquieu and Rousseau project phases. This commitment to development and funding demonstrates Flexible PSH Solutions, Inc.'s dedication to increasing the volume of PSH available in California and ensuring that these housing units are equipped with the necessary supportive services to effectively assist the chronically homeless.
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Impact
October, 2024
Flexible Psh Solutions Inc is making a significant impact in addressing homelessness in California through its innovative approach to permanent supportive housing (PSH). By developing the Enlightenment Plaza project, the organization is paving the way for the creation of 387 affordable housing units, directly aimed at serving the chronically homeless population in Los Angeles.
In 2022, they achieved crucial milestones, including securing construction financing and breaking ground on the first three phases—Rousseau, Montesquieu, and Voltaire—anticipated to provide over 150 units by early 2025. Their strategic planning also extends to securing funding for the next phase, Locke Lofts, which promises an additional 150 units.
By providing not just housing but also supportive services, Flexible Psh Solutions Inc is committed to ensuring tenants transition successfully into their new homes, reducing the risk of returning to homelessness. This multifaceted approach is essential in enhancing the overall quality of life for vulnerable populations, contributing to the broader goal of combating chronic homelessness in the region.
This information is meant to be a general summary of Flexible Psh Solutions 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.
- Program Service Revenue: $250,000
- Gross Receipts: $289,297
Assets and Liabilities:
- Total Assets: $40,488,199
- Total Liabilities: $40,523,504
- Net Assets: -$35,305
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Development Fee revenue
Revenue
$250,000
Organization Details
Founding Year
2018
Phone
(213) 248-7185Principal Officer
John E Molloy
Main Address
3435 Wilshire Blvd Suite 1400, Los Angeles, CA, 900101923
Website
www.flexiblepsh.orgNTEE Category
Code: L41 - Housing
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