Overview
What is Tri County Housing Inc?
Tri County Housing Inc is a nonprofit organization situated in Fowler, Colorado. Committed to making a difference, they focus on providing affordable housing solutions for low and moderate-income families. With a dedicated team of 92 employees, their primary mission is to offer housing options that fit within families' budgets.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Tri County Housing Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The organization achieved a perfect score in various metrics related to governance and oversight, indicating a robust independent board and effective policies for conflict of interest and whistleblower protections. Such high scores in accountability are significant as they showcase the nonprofit's commitment to transparency and responsible management of resources.
The organization excels with a program expense ratio of 94.19%, meaning that a large portion of its expenses directly supports its programs rather than administrative costs. This focus on programmatic spending suggests that Tri County Housing Inc is dedicated to maximizing its impact in the community it serves. Additionally, the absence of material diversion of assets underscores its integrity in handling donations and funds.
Despite the strengths highlighted in the rating, the summary does not indicate any specific areas for improvement. However, maintaining high standards as the organization grows and evolves will be crucial for continued success. Overall, the favorable rating reflects well on Tri County Housing Inc's operational practices and its dedication to serving its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Tri County Housing Inc legitimate?
Tri County Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tri County 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: $102,050
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,780,567
For more financial information, click here
What is the mission statement of Tri County Housing Inc?
Tri County Housing Inc is dedicated to offering affordable housing solutions for families with modest and low incomes. Their primary mission is to expand the housing options available to those who might otherwise struggle to find suitable and economical accommodations. By providing affordable housing, Tri County Housing Inc aims to contribute to the stability and well-being of these families, ultimately improving their overall quality of life. They strive to be a reliable resource for individuals and families seeking affordable housing solutions. Their efforts help bridge the gap between available housing and the financial means of those in need, ultimately enhancing the community as a whole.
Who is the CEO of Tri County Housing Inc?
Unavailable
What is the revenue of Tri County Housing Inc?
Tri County Housing Inc's revenue in 2022 was $17,086,914.
Who are the executives of Tri County Housing Inc and what are their salaries?
The average compensation at Tri County Housing Inc during 2022 was $20,463. There are 92 employees at Tri County Housing Inc.
Here are 7 key members and their salaries:
- Compensation: $102,050
- 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 Tri County Housing Inc?
Tri County Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tri County Housing Inc
Tri County Housing Inc, a dedicated nonprofit organization, strives to make a difference in the lives of low and moderate income families by providing them with affordable housing options. In simple terms, its mission is to ensure that everyone, regardless of their income level, has a roof over their heads. The organization goes beyond just offering housing; it aims to create sustainable living situations for those in need. By providing affordable options, Tri County Housing Inc opens doors to opportunities and stability for thousands of families, enabling them to focus on other essential aspects of their lives. With a deep commitment to its cause, the organization works tirelessly to provide a sense of security and peace of mind to the people it serves. This, in turn, allows families to build better futures for themselves and their children. In essence, Tri County Housing Inc is more than just a housing provider – it's a beacon of hope for those seeking a stable living environment.
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Impact
October, 2024
Tri County Housing Inc significantly impacts the community by providing affordable housing options for low and moderate-income families in Fowler, Colorado. By focusing on this critical need, the organization helps to alleviate housing insecurity, enabling families to secure stable living conditions. This support fosters a sense of community, promotes economic stability, and allows families to invest in education and job opportunities. The availability of low-cost housing not only offers immediate relief but also contributes to the overall well-being and future success of these families, creating a ripple effect that benefits the community at large.
This information is meant to be a general summary of Tri County 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: $109,606
- Program Service Revenue: $2,756,844
- Gross Receipts: $17,086,914
Assets and Liabilities:
- Total Assets: $14,778,085
- Total Liabilities: $6,536,036
- Net Assets: $8,242,049
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES, MISC
Revenue
$647,737
CONSTRUCTION INCOME
Revenue
$1,095,702
PROPERTY MANAGEMENT
Revenue
$129,724
RENTAL INCOME
Revenue
$883,681
Organization Details
Founding Year
1995
Phone
(719) 263-5168Main Address
P O BOX 87, FOWLER, CO, 81039
NTEE Category
Code: L800 - Housing
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