Overview
What is Aspen Pitkin Employee Housing Inc?
Aspen Pitkin Employee Housing Inc, located in Carbondale, Colorado (1101 Village Rd LL2A), is a dedicated nonprofit organization committed to providing residential housing solutions for low and moderate-income employees residing in the Roaring Fork Valley of Colorado. Their mission revolves around the development and management of these housing facilities, ensuring that the local workforce has access to affordable living options. The organization's activities and mission remain focused on addressing this specific need within the community.
Official website here: www.apehousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
Aspen Pitkin Employee Housing Inc has received a low rating due to significant shortcomings in accountability and finance. The rating reflects a lack of independent board members and missing critical policies such as conflict of interest, whistleblower, and document retention. Although the organization does have financial ratios that show a 100% program expense ratio and a manageable liabilities to assets ratio of 12.24%, the absence of independent oversight and key governance documents raises concerns about its transparency.
The organization lists its tax form on its website and maintains board meeting minutes, which is a positive aspect. However, the complete lack of independent board members indicates potential issues with governance and oversight, which are crucial for the health of any nonprofit. The failure to provide financial statements further undermines the organization's credibility and accountability.
Overall, while Aspen Pitkin Employee Housing Inc is engaged in providing essential services, its governance practices and financial transparency need significant improvement to build trust with stakeholders and ensure proper oversight. The absence of essential policies and independent board members suggests that there are areas requiring attention to enhance the nonprofit's sustainability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Aspen Pitkin Employee Housing Inc legitimate?
Aspen Pitkin Employee Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aspen Pitkin Employee 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: $72,911
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.apehousing.org
What is the mission statement of Aspen Pitkin Employee Housing Inc?
Aspen Pitkin Employee Housing Inc is committed to the development and management of residential housing for individuals with low and moderate income, specifically those employed in the Roaring Fork Valley in Colorado. Their mission is to provide affordable housing solutions for this group, ensuring they can maintain a stable living environment while contributing to the local workforce. The organization's activities primarily revolve around the construction and management of housing units, aiming to meet the unique needs of these employees and promote a balanced community.
Official website here: www.apehousing.org
Who is the CEO of Aspen Pitkin Employee Housing Inc?
Sheri Sanzone is the Executive Director,Sect/Tr of Aspen Pitkin Employee Housing Inc.
Official website here: www.apehousing.org
What is the revenue of Aspen Pitkin Employee Housing Inc?
Aspen Pitkin Employee Housing Inc's revenue in 2022 was $717,419.
Official website here: www.apehousing.org
Who are the executives of Aspen Pitkin Employee Housing Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $72,911
- 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.apehousing.org
Where can I find the form 990 for Aspen Pitkin Employee Housing Inc?
Aspen Pitkin Employee Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.apehousing.org
Learn more at the official website: www.apehousing.org
Mission Statement of Aspen Pitkin Employee Housing Inc
Aspen Pitkin Employee Housing Inc is dedicated to the development and management of residential housing for individuals with low and moderate income levels who are employed within the Roaring Fork Valley in Colorado. The organization's mission is to provide these workers with affordable housing solutions, ensuring they can maintain a stable living environment while contributing to the local community. By overseeing the construction and maintenance of these homes, Aspen Pitkin Employee Housing Inc plays a crucial role in addressing the housing needs of its target demographic, thereby supporting the overall economic well-being of the workforce in the area.
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Impact
July, 2024
Aspen Pitkin Employee Housing Inc's impact lies in its crucial role in the development and management of residential housing for low and moderate-income employees of the Roaring Fork Valley in Colorado. By providing affordable housing options for individuals who work in this region, the organization helps create a more inclusive and sustainable community. Through their efforts, they contribute to addressing the housing challenges faced by low and moderate-income workers, ultimately fostering a more vibrant and diverse local workforce. Their work not only benefits individuals directly by providing stable and affordable housing but also strengthens the overall social and economic fabric of the Roaring Fork Valley.
This information is meant to be a general summary of Aspen Pitkin Employee 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: $63,916
- Program Service Revenue: $503,503
- Gross Receipts: $717,419
Assets and Liabilities:
- Total Assets: $4,088,154
- Total Liabilities: $500,436
- Net Assets: $3,587,718
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUNTER LONGHOUSE RENTS
Revenue
$492,194
HUNTER LONGHOUSE LAUND
Revenue
$11,309
Organization Details
Founding Year
1978
Phone
(970) 927-6800Principal Officer
Sheri Sanzone
Main Address
1101 VILLAGE RD LL2A, CARBONDALE, CO, 81623
Website
www.apehousing.orgNTEE Category
Code: L20 - Housing
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