Overview
What is Boulder Presbyterian Housing Inc?
Boulder Presbyterian Housing Inc, a nonprofit organization situated in Boulder, Colorado, primarily focuses on providing housing solutions for individuals aged 62 and above. Their services encompass both apartment rentals and garages, accompanied by laundry facilities, catering to the specific needs of this demographic. The organization, which employs a team of three individuals, is dedicated to making comfortable living arrangements available for this age group. It is worth noting that Boulder Presbyterian Housing Inc does not seem to engage in any other charitable activities or missions, but rather concentrates on its core housing service provision.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
Boulder Presbyterian Housing Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The charity achieved an impressive 94% score in its overall evaluation, which is exclusively based on its accountability and financial practices for the most recent fiscal year, FY2023.
One of the key strengths of Boulder Presbyterian Housing Inc is its governance structure, with a fully independent board consisting of seven members. The organization has also demonstrated robust financial health, evidenced by a low liabilities to assets ratio of 0.55% and a high program expense ratio of 81.98%. This indicates a strong commitment to directing funds towards its mission rather than administrative costs.
Moreover, the charity has implemented comprehensive policies, such as conflict of interest and whistleblower protections, ensuring transparency and ethical management. No material diversion of assets has been reported, further affirming its integrity. Overall, Boulder Presbyterian Housing Inc stands out for its effective governance and financial stewardship, making it a trustworthy nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Boulder Presbyterian Housing Inc legitimate?
Boulder Presbyterian Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boulder Presbyterian Housing 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: $81,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,597
For more financial information, click here
What is the mission statement of Boulder Presbyterian Housing Inc?
Boulder Presbyterian Housing Inc's primary activity involves providing apartment and garage rental services to individuals who are sixty-two years old and above. This organization offers an additional convenience through laundry services. In essence, the mission of Boulder Presbyterian Housing Inc can be summarized as offering senior housing solutions, complete with laundry assistance, for individuals who have reached their retirement age. The organization's focus is on providing a comfortable living environment for this age group.
Who is the CEO of Boulder Presbyterian Housing Inc?
Mark Liebetrrau is the President of Boulder Presbyterian Housing Inc.
What is the revenue of Boulder Presbyterian Housing Inc?
Boulder Presbyterian Housing Inc's revenue in 2022 was $908,657.
Who are the executives of Boulder Presbyterian Housing Inc and what are their salaries?
The average compensation at Boulder Presbyterian Housing Inc during 2022 was $48,199. There are 3 employees at Boulder Presbyterian Housing Inc.
Here are 9 key members and their salaries:
- Compensation: $81,000
- Related: $0
- Other: $2,423
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Boulder Presbyterian Housing Inc?
Boulder Presbyterian Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Boulder Presbyterian Housing Inc
Boulder Presbyterian Housing Inc is dedicated to providing housing solutions for individuals who have reached the age of 62. This nonprofit organization offers apartment and garage rental options, alongside laundry services, catering to the needs of its elderly population. The mission of Boulder Presbyterian Housing Inc revolves around ensuring the comfort and convenience of senior citizens, by providing them with a secure living space and essential facilities. By doing so, the organization aims to contribute to the well-being and independent living of the elderly community.
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Impact
July, 2024
Boulder Presbyterian Housing Inc provides essential housing solutions for individuals over the age of 62 in Boulder, Colorado. Through its apartment and garage rental options, this organization ensures that this demographic has access to safe and comfortable living arrangements, complete with laundry services. By offering these housing options, Boulder Presbyterian Housing Inc positively impacts the lives of elderly individuals in the community, providing them with a supportive and secure environment in which to thrive.
This information is meant to be a general summary of Boulder Presbyterian Housing 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: $67,202
- Program Service Revenue: $776,281
- Gross Receipts: $908,657
Assets and Liabilities:
- Total Assets: $4,368,726
- Total Liabilities: $59,171
- Net Assets: $4,309,555
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CABLE INCOME
Revenue
$44,715
OTHER INCOME
Revenue
$2,549
PROGRAM SERVICE REVENUE
Revenue
$664,095
ROOF RENTAL
Revenue
$59,607
TENANT CHARGES
Revenue
$6,115
Organization Details
Founding Year
1960
Phone
(303) 444-0642Principal Officer
Mark Liebetrrau
Main Address
1050 ARAPAHOE AVENUE, BOULDER, CO, 80302
NTEE Category
Code: L22 - Housing
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