Overview
What is Toby House Iii Inc?
Toby House III Inc is a nonprofit organization headquartered in Phoenix, Arizona. Their primary mission is to provide residential housing for very low-income disabled individuals in the Phoenix area. Specifically, they manage four properties and offer a total of 24 apartment units designed to cater to this specific demographic. By offering affordable housing, Toby House III Inc aims to contribute positively to the well-being and livelihood of disabled individuals in the community.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 80% (Three-Star out of Four Star rating).
Toby House III Inc has earned an 80% score, highlighting a solid performance in accountability and finance. This rating is derived from a robust set of metrics, with commendable scores in various governance and financial aspects, reflecting a strong commitment to transparency and responsible management.
The organization boasts a fully independent board, with 100% of its members meeting the criteria, which contributes positively to its governance. Additionally, the charity has demonstrated prudent financial management, with a low liabilities to assets ratio and a significant program expense ratio, indicating that a large portion of its funding is directed towards its programs rather than administrative costs.
However, while the fiscal health appears strong, it’s important to note that this score is based solely on financial accountability metrics. Other aspects of the organization's performance or impact may not have been assessed, limiting the overall picture of its effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Toby House Iii Inc legitimate?
Toby House Iii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Toby House Iii 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,416
For more financial information, click here
What is the mission statement of Toby House Iii Inc?
Toby House III Inc is an organization dedicated to providing residential housing for very low-income individuals with disabilities. Its mission is centered around offering accommodations that cater to the needs of this specific demographic, ensuring they have a safe and comfortable living space. The organization operates multiple properties, consisting of a total of twenty-four apartment units, in a designated area. The aim is to provide a supportive environment where these individuals can reside with dignity and independence.
Who is the CEO of Toby House Iii Inc?
Steve Thompson is the Chairman of Toby House Iii Inc. The CEO's salary of Toby House Iii Inc is $0 and their total compensation is $353,637.
What is the revenue of Toby House Iii Inc?
Toby House Iii Inc's revenue in 2022 was $191,437.
Who are the executives of Toby House Iii Inc and what are their salaries?
There 10 volunteers at Toby House Iii Inc.
Here are 12 key members and their salaries (Toby House Iii Inc's CEO's salary is $0 and their total compensation is $353,637):
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- Related: $333,956
- Other: $19,681
- Compensation: $0
- Related: $265,239
- Other: $24,899
Where can I find the form 990 for Toby House Iii Inc?
Toby House Iii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Toby House Iii Inc
Toby House III Inc, a nonprofit organization, is dedicated to providing residential housing for very low-income disabled individuals in the Phoenix area. The mission of Toby House III Inc is centered around operating four properties, comprising twenty-four apartment units, specifically designed for disabled individuals. This organization is instrumental in offering a safe and supportive living environment for those who might otherwise face barriers in securing adequate housing. By doing so, Toby House III Inc plays a significant role in empowering the disabled community, enabling them to live with dignity and independence.
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Impact
June, 2024
Toby House III Inc's impact is significant in providing essential residential housing for very low-income disabled individuals in the Phoenix area. By operating four properties with a total of twenty-four apartment units, this organization plays a crucial role in offering a stable and supportive living environment for those in need. Their mission to support individuals with mental health challenges through affordable housing is commendable and contributes to improving the quality of life for vulnerable populations in the community.
This information is meant to be a general summary of Toby House Iii 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: $7
- Program Service Revenue: $64,216
- Gross Receipts: $191,437
Assets and Liabilities:
- Total Assets: $1,020,700
- Total Liabilities: $385,766
- Net Assets: $634,934
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$64,216
Organization Details
Founding Year
1993
Phone
(602) 265-8338Principal Officer
Steve Thompson
Main Address
3450 N 3RD ST, PHOENIX, AZ, 85012
NTEE Category
Code: F320 - Mental health
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