Overview
What is Community Housing Svc-Park Towers Inc?
Community Housing Svc-Park Towers Inc is a nonprofit organization primarily known for owning and managing the Park Towers Apartments, a 180-unit low-income housing project located in Rochestor, Minnesota. Specifically situated at 22 N Broadway, this organization plays a crucial role in providing affordable housing options to its residents. The nonprofit's mission is deeply rooted in this endeavor, ensuring that the Park Towers Apartments cater to the housing needs of its community.
Official website here: www.altapac@aol.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star Rating
Community Housing Svc-Park Towers Inc has earned an overall score of 84%, reflecting a strong focus on accountability and finance. This rating indicates that the organization operates with a high degree of transparency and responsible management, which is key to building trust among donors and stakeholders.
The nonprofit scored exceptionally well in several areas, including having a fully independent board and a solid program expense ratio of 98.37%, meaning that a significant portion of its resources is directed toward its mission-related activities. Additionally, they have no instances of material diversion of assets and maintain a positive liabilities to assets ratio of 11.39%. However, the organization did receive deductions for missing policies regarding conflict of interest, whistleblower protections, and document retention, which could raise concerns about governance practices.
Overall, while Community Housing Svc-Park Towers Inc demonstrates strong financial health and accountability, the absence of specific governance policies highlights an area for improvement. Strengthening these policies could further enhance the organization's credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Community Housing Svc-Park Towers Inc legitimate?
Community Housing Svc-Park Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Housing Svc-Park Towers 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: $0
For more financial information, click here
Official website here: www.altapac@aol.com
What is the mission statement of Community Housing Svc-Park Towers Inc?
Community Housing Svc-Park Towers Inc's mission revolves around managing a low-income housing project. Specifically, they oversee the Park Towers Apartments, a 180-unit complex. Although the provided information does not specify, it can be inferred that their mission likely involves providing affordable housing and ensuring the well-being of its residents. By owning and operating this project, they contribute to making housing accessible for individuals with limited resources.
Official website here: www.altapac@aol.com
Who is the CEO of Community Housing Svc-Park Towers Inc?
Philip Carroll is the President of Community Housing Svc-Park Towers Inc.
Official website here: www.altapac@aol.com
What is the revenue of Community Housing Svc-Park Towers Inc?
Community Housing Svc-Park Towers Inc's revenue in 2022 was $1,744,528.
Official website here: www.altapac@aol.com
Who are the executives of Community Housing Svc-Park Towers Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.altapac@aol.com
Where can I find the form 990 for Community Housing Svc-Park Towers Inc?
Community Housing Svc-Park Towers Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.altapac@aol.com
Learn more at the official website: www.altapac@aol.com
Mission Statement of Community Housing Svc-Park Towers Inc
Community Housing Svc-Park Towers Inc is dedicated to providing affordable housing for individuals with low income. They manage and operate the Park Towers Apartments, a 180-unit project located in Rochester, Minnesota. This nonprofit organization's mission is centered around offering a comfortable living space for those in need, ensuring they have access to a home that is within their financial means. By owning and managing the Park Towers Apartments, Community Housing Svc-Park Towers Inc plays a crucial role in making housing more accessible, thereby contributing to the well-being and stability of its residents.
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
Community Housing Svc-Park Towers Inc's impact can be seen in the provision of affordable housing through the operation of a 180-unit low-income housing project, the Park Towers Apartments in Rochester, Minnesota. By offering this affordable housing option, the organization helps address the housing needs of low-income individuals and families in the community. This impact contributes to creating a more stable and secure environment for residents, promoting greater economic stability, and improving overall quality of life for those in need.
This information is meant to be a general summary of Community Housing Svc-Park Towers 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: $235
- Program Service Revenue: $1,721,050
- Gross Receipts: $1,744,528
Assets and Liabilities:
- Total Assets: $5,454,999
- Total Liabilities: $621,327
- Net Assets: $4,833,672
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Principal Officer
Philip Carroll
Main Address
649 E South Temple, Salt Lake City, UT, 84102
Website
www.altapac@aol.comNTEE Category
Code: L200 - Housing
If you are a representative of Community Housing Svc-Park Towers 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.