Overview
What is Archway Housing & Services?
Archway Housing & Services is a nonprofit organization based in Lakewood, Colorado. With a focus on affordability, they offer housing solutions for individuals and families with low to moderate incomes, including homeless families. Their mission extends beyond just providing shelter, as they also develop mixed-income housing to aid low-income families in their transition to self-sufficiency. Comprehensive supportive services are an integral part of their approach, ensuring the well-being and stability of the families they serve. With a dedicated workforce of 97 individuals, Archway Housing & Services is committed to improving living conditions and fostering self-sufficiency for those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating) from Charity Navigator.
Archway Housing & Services has received a solid Three-Star rating, reflecting a robust commitment to accountability and financial health. The organization scores exceptionally well in various metrics, including a fully independent board and no material diversion of assets, indicating strong governance practices. The fiscal responsibility is further highlighted by a favorable liabilities to assets ratio, showcasing the nonprofit's stable financial position.
Strengths include high marks for transparency in financial statements and a comprehensive conflict of interest policy. The organization effectively documents board meeting minutes, contributing to a culture of accountability. However, the program expense ratio at 65.81% suggests that there is room for improvement in how funds are allocated towards direct services versus administrative costs.
Overall, while Archway Housing & Services demonstrates strong financial stewardship and governance, potential donors and stakeholders may want to explore how the organization plans to enhance its program expense ratio to ensure an even greater impact on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Archway Housing & Services legitimate?
Archway Housing & Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Archway Housing & Services 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: $924,595
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,546,108
For more financial information, click here
What is the mission statement of Archway Housing & Services?
Archway Housing & Services is dedicated to providing safe and livable housing for families with low to moderate incomes, including homeless families. Their mission also includes developing mixed income housing to aid low-income families in their transition to self-sufficiency. Additionally, they offer comprehensive supportive services to help these families. In essence, Archway Housing & Services aims to make affordable housing accessible for individuals in need and provide related assistance.
Who is the CEO of Archway Housing & Services?
George Kelly is the President of Archway Housing & Services.
What is the revenue of Archway Housing & Services?
Archway Housing & Services's revenue in 2022 was $5,764,159.
Who are the executives of Archway Housing & Services and what are their salaries?
The average compensation at Archway Housing & Services during 2022 was $35,780. There are 97 employees at Archway Housing & Services.
Here are 13 key members and their salaries:
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- Compensation: $268,181
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- Other: $36,204
- Compensation: $150,287
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- Other: $19,517
- Compensation: $122,776
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- Other: $846
- Compensation: $173,355
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- Other: $795
- Compensation: $209,996
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- Other: $7,947
Where can I find the form 990 for Archway Housing & Services?
Archway Housing & Services's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Archway Housing & Services
Archway Housing & Services is dedicated to providing safe and habitable housing for families with low to moderate incomes, including those who are currently homeless. Their mission extends beyond just offering housing; they aim to develop mixed-income housing as well, serving as a stepping stone for low-income families during their transition to self-sufficiency. To accomplish this, Archway Housing & Services provides comprehensive supportive services, ensuring that affordable housing is not the only aspect of their assistance. Their ultimate goal is to assist these families in achieving self-sufficiency, thereby improving their overall living standards.
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Impact
July, 2024
Archway Housing & Services makes a significant impact by providing safe, habitable housing for families with low to moderate incomes, including homeless families. Their focus on developing mixed income housing helps low-income families transition to self-sufficiency while offering comprehensive supportive services. This organization plays a crucial role in ensuring that individuals and families have access to affordable housing and the necessary support to improve their quality of life and build a stable foundation for the future.
This information is meant to be a general summary of Archway Housing & Services. 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: $73,945
- Program Service Revenue: $2,676,842
- Gross Receipts: $5,764,159
Assets and Liabilities:
- Total Assets: $10,434,175
- Total Liabilities: $1,833,689
- Net Assets: $8,600,486
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$1,042,849
MANAGEMENT FEES
Revenue
$962,109
MAINTENANCE FEES
Revenue
$671,884
Organization Details
Founding Year
1995
Phone
(303) 561-1870Principal Officer
George Kelly
Main Address
PO BOX 280569, LAKEWOOD, CO, 80228
NTEE Category
Code: L20 - Housing
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