Overview
What is Parkview Services?
Parkview Services is a nonprofit organization situated in Lynnwood, Washington, with a primary focus on providing affordable housing and supportive services for adults with intellectual and developmental disabilities (IDDs). Established in 1997, its affordable housing program has grown to accommodate more individuals over the years, serving 210 tenants in 2022 and 202 in 2021. Tenants pay no more than 30% of their income in rent, with utility subsidies provided. Parkview Services collaborates with 16 licensed service providers to offer supportive living services to each tenant. Additionally, the organization provides maintenance services to affordable housing organizations and conducts pre-purchase home repairs for qualified homeownership clients. During the COVID-19 pandemic, Parkview Services adapted its programs, implementing precautionary public health measures to continue serving the community effectively.
Official website here: www.parkviewservices.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 77%, Three-Star out of Four Star rating.
Parkview Services has received a three-star rating from Charity Navigator, primarily based on its accountability and financial practices. The organization demonstrates strong governance with a fully independent board and high scores in audit, financial statements, and lack of material diversion of assets. These aspects reflect a commitment to transparency and sound financial management.
However, there are notable weaknesses in certain areas, particularly regarding the absence of a whistleblower policy and the lack of a document retention and destruction policy. Additionally, while the organization’s liabilities to assets ratio is relatively high at 88.16%, this metric negatively impacted its overall score. Despite these limitations, the charity excels in program expense ratio, indicating that a significant portion of its funds is directed toward its programs.
This AI summary has been generated from information found on Charity Navigator.
Is Parkview Services legitimate?
Parkview Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parkview 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: $104,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,325,801
For more financial information, click here
Official website here: www.parkviewservices.org
What is the mission statement of Parkview Services?
Parkview Services is committed to providing residential support and training services for adults with developmental disabilities. This includes offering low-income housing for extremely low-income individuals with developmental disabilities. In response to the increasing need for affordable housing options, Parkview Services initiated the Affordable Housing Program in 1997. Tenants of this program, referred by the Washington State Developmental Disabilities Administration, pay no more than 30% of their income in rent and utilities, with subsidies provided. The organization also offers supportive living services from licensed service providers to tenants at each home. Parkview Services continued to serve the community during the COVID-19 pandemic, adapting its programs with precautionary public health measures. In 2022 and 2021, the Affordable Housing Program served 210 and 202 tenants respectively, and two new homes were added during this period.
Official website here: www.parkviewservices.org
Who is the CEO of Parkview Services?
Marc Cote is the Exec Dir, Wh of Parkview Services.
Official website here: www.parkviewservices.org
What is the revenue of Parkview Services?
Parkview Services's revenue in 2022 was $5,085,954.
Official website here: www.parkviewservices.org
Who are the executives of Parkview Services and what are their salaries?
The average compensation at Parkview Services during 2022 was $33,290. There are 73 employees and 55 volunteers at Parkview Services.
Here are 12 key members and their salaries:
- Compensation: $104,559
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- Other: $10,202
- Compensation: $104,400
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- Other: $11,711
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Official website here: www.parkviewservices.org
Where can I find the form 990 for Parkview Services?
Parkview Services's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.parkviewservices.org
Learn more at the official website: www.parkviewservices.org
Mission Statement of Parkview Services
Parkview Services is dedicated to providing residential support and training services for adults with developmental disabilities. This nonprofit organization goes beyond just offering housing, as it caters to individuals with extremely low incomes. In line with its mission, Parkview Services adapted its programs to the COVID-19 pandemic, implementing precautionary public health measures to ensure the safety of its community.
At the heart of Parkview Services' mission is its Affordable Housing Program, which was established in 1997 to address the growing need for quality, affordable housing options for extremely low-income adults with developmental disabilities. Tenants referred to Parkview by the Washington State Developmental Disabilities Administration (DDA) pay no more than 30% of their income in rent, with subsidies covering utility costs. Each tenant receives supportive living services from one of 16 licensed service providers. Notably, Parkview Services expanded its affordable housing offerings in 2021 and 2022, adding one home each year. These developments enabled the program to serve 210 and 202 tenants, respectively, in 2022 and 2021.
In addition to its housing program, Parkview Services also offers maintenance services to affordable housing organizations and pre-purchase home repairs to qualified homeownership clients. This holistic approach to supporting individuals with developmental disabilities sets Parkview Services apart as a compassionate and dedicated nonprofit organization.
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Impact
July, 2024
Parkview Services has a significant impact by providing residential support and training services for adults with developmental disabilities, as well as offering low-income housing for extremely low-income individuals with developmental disabilities. Through their affordable housing program, Parkview ensures that tenants pay no more than 30% of their income in rent, regardless of how low it may be, with subsidies for utilities. This not only helps address the increasing need for quality affordable housing options but also ensures that vulnerable individuals have a stable and supportive living environment.
Furthermore, Parkview Services' maintenance services for affordable housing organizations and pre-purchase home repairs for qualified homeownership clients contribute to the overall well-being and sustainability of the community. By serving 210 tenants in 2022 and 202 tenants in 2021 through their affordable housing program, Parkview Services has made a tangible difference in the lives of those in need.
In addition to their housing initiatives, Parkview Services' adaptation to the COVID-19 pandemic with precautionary public health measures in 2020 demonstrates their commitment to continuing their vital programs and services even in challenging circumstances. Overall, Parkview Services' focus on providing residential support, training, and housing services for individuals with developmental disabilities makes a positive impact on the community and enhances the quality of life for those they serve.
This information is meant to be a general summary of Parkview 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: $246,236
- Program Service Revenue: $2,985,342
- Gross Receipts: $5,644,971
Assets and Liabilities:
- Total Assets: $29,780,576
- Total Liabilities: $26,255,313
- Net Assets: $3,525,263
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFORDABLE HOUSING
Revenue
$1,395,704
GROUP HOME
Revenue
$719,331
ADMINISTRATIVE SUPPORT
Revenue
$613,506
PROPERTY MANAGEMENT
Revenue
$161,291
OTHER FEES
Revenue
$90,360
Organization Details
Founding Year
1967
Phone
(206) 542-6610Principal Officer
Marc Cote
Main Address
4720 200TH ST SW SUITE 200, LYNNWOOD, WA, 98036
Website
www.parkviewservices.orgNTEE Category
Code: P73Z - Human services
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