Overview
What is La Frontera Partners Inc?
La Frontera Partners Inc is a nonprofit organization based in Arizona, with a mission to promote social welfare. They primarily focus on fostering low-income housing, constructing, selling, and managing affordable housing units for seniors, veterans, and homeless individuals. The organization receives funds to acquire property and facilitate the construction of these affordable housing units, thereby contributing to the community's overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating from Charity Navigator.
La Frontera Partners Inc has received a score of 54%, indicating a low level of accountability and financial health. While the organization boasts a fully independent board and strong governance policies, the financial metrics, particularly the liabilities to assets ratio and program expense ratio, reveal significant weaknesses. These aspects suggest that the organization may not be allocating its resources effectively towards its mission.
The organization's strengths lie in its governance structure, having 100% independent board members and adherence to essential policies like conflict of interest and whistleblower protections. These elements contribute positively to its operational integrity. However, the financial indicators raise concerns about sustainability and the capacity to deliver impactful programs.
Overall, while La Frontera Partners Inc demonstrates sound governance practices, the low financial performance metrics highlight a need for improvement in resource management and program funding. Prospective donors may want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is La Frontera Partners Inc legitimate?
La Frontera Partners Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. La Frontera Partners 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: $210,446
For more financial information, click here
What is the mission statement of La Frontera Partners Inc?
La Frontera Partners Inc's mission is centered around promoting social welfare, specifically by fostering low-income housing opportunities. The organization engages in activities approved by its members and is permitted for nonprofit corporations in Arizona. La Frontera Partners constructs, sells, and manages affordable housing units for low-income seniors, veterans, and homeless individuals. Funds are procured to acquire property and facilitate the construction of these affordable housing units. The organization's primary goal is to provide affordable housing solutions to those in need.
Who is the CEO of La Frontera Partners Inc?
Michael Prudence is the Cfo of La Frontera Partners Inc. The CEO's salary of La Frontera Partners Inc is $0 and their total compensation is $488,322.
What is the revenue of La Frontera Partners Inc?
La Frontera Partners Inc's revenue in 2022 was $2,405,211.
Who are the executives of La Frontera Partners Inc and what are their salaries?
There 7 volunteers at La Frontera Partners Inc.
Here are 10 key members and their salaries (La Frontera Partners Inc's CEO's salary is $0 and their total compensation is $488,322):
- Compensation: $0
- Related: $458,959
- Other: $29,363
- Compensation: $0
- Related: $241,247
- Other: $23,915
- Compensation: $0
- Related: $242,479
- Other: $8,533
- 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 La Frontera Partners Inc?
La Frontera Partners Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of La Frontera Partners Inc
La Frontera Partners Inc is a nonprofit organization dedicated to promoting social welfare. At its core, the mission of La Frontera Partners revolves around fostering low-income housing. The organization goes beyond just advocating for affordable housing; it actively engages in constructing, selling, and managing such housing units. La Frontera Partners specifically targets low-income seniors, veterans, and individuals experiencing homelessness in Arizona. The organization receives funds to facilitate the construction of these affordable housing units, thereby contributing to the betterment of these vulnerable communities. In essence, La Frontera Partners plays a crucial role in providing affordable housing solutions for those in need, thereby promoting social welfare.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
La Frontera Partners Inc's impact is significant in promoting social welfare by fostering low-income housing in Tucson, Arizona. The organization's focus on constructing, selling, and managing affordable housing for low-income seniors, veterans, and homeless individuals plays a crucial role in addressing housing affordability challenges in the community. By receiving funds to purchase property and facilitate the construction of affordable housing, La Frontera Partners is actively contributing to improving the quality of life for vulnerable populations in Arizona. Its dedication to providing essential housing solutions aligns with its mission to promote social welfare and enhance community improvement.
This information is meant to be a general summary of La Frontera Partners 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: $24,800
- Program Service Revenue: $2,351,910
- Gross Receipts: $2,405,211
Assets and Liabilities:
- Total Assets: $5,638,689
- Total Liabilities: $2,590,225
- Net Assets: $3,048,464
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Developer Fee
Revenue
$2,002,591
Management Fees
Revenue
$220,000
Rental Revenue
Revenue
$129,319
Organization Details
Founding Year
1992
Phone
(520) 884-9920Principal Officer
Michael Prudence
Main Address
504 West 29th Street, Tucson, AZ, 85713
NTEE Category
Code: S50Z - Community improvement
If you are a representative of La Frontera Partners Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.