Overview
What is Evergreen Nonprofit Housing?
Evergreen Nonprofit Housing is a dedicated organization based in Camas, Battleground, and Vancouver, Washington. Under the purview of the National Housing Act's Section 202, they provide 69 units of affordable housing for the elderly, supported by the U.S. Department of Housing and Urban Development's regulation. Their primary mission is to offer low-income housing and related services, ensuring a comfortable living environment for the elderly population in these areas.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star Rating
Evergreen Nonprofit Housing received a Two-Star rating from Charity Navigator, indicating a score of 71%. This rating reflects the organization's performance in accountability and finance, highlighting its strong governance structure with 100% independent board members and a robust audit and oversight committee.
The nonprofit demonstrates commendable financial transparency, with a program expense ratio of 100%, meaning all of its expenses are directed toward its programs. It also maintains a clear conflict of interest policy and documents board meeting minutes, showcasing a commitment to ethical practices and accountability.
However, the organization faces challenges with a liabilities to assets ratio of 109.29%, suggesting that its liabilities exceed its assets significantly. This financial strain may raise concerns about its sustainability and ability to meet future obligations. Overall, while Evergreen Nonprofit Housing shows strengths in governance and program funding, its financial health warrants attention.
This AI summary has been generated from information found on Charity Navigator.
Is Evergreen Nonprofit Housing legitimate?
Evergreen Nonprofit Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Evergreen Nonprofit Housing 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
What is the mission statement of Evergreen Nonprofit Housing?
Evergreen Nonprofit Housing is committed to providing low-income housing and services for the elderly. Operating under section 202 of the National Housing Act, the organization is regulated by the U.S. Department of Housing and Urban Development. Their mission is to offer a safe and supportive living environment for the elderly, ensuring they have access to necessary resources. Evergreen Nonprofit Housing strives to enhance the quality of life for its residents, fostering an environment that promotes independence and well-being. The organization's mission is carried out across Camas, Battleground, and Vancouver, Washington.
Who is the CEO of Evergreen Nonprofit Housing?
Susan Derenzo is the Chair of Evergreen Nonprofit Housing.
What is the revenue of Evergreen Nonprofit Housing?
Evergreen Nonprofit Housing's revenue in 2022 was $794,296.
Who are the executives of Evergreen Nonprofit Housing and what are their salaries?
There 5 volunteers at Evergreen Nonprofit Housing.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Evergreen Nonprofit Housing?
Evergreen Nonprofit Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Evergreen Nonprofit Housing
Evergreen Nonprofit Housing is an organization committed to providing affordable housing and essential services for the elderly, offering 69 units in the areas of Camas, Battleground, and Vancouver, Washington. Operating under section 202 of the National Housing Act, this nonprofit is closely monitored by the U.S. Department of Housing and Urban Development. Its primary mission revolves around catering to the housing needs of individuals with low income, ensuring they enjoy a secure and comfortable living environment during their later years. Evergreen Nonprofit Housing's services not only provide a physical dwelling but also contribute to enhancing the quality of life for its residents, fostering a sense of community and support.
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Impact
July, 2024
Evergreen Nonprofit Housing provides essential low-income housing and services for the elderly in Camas, Battleground, and Vancouver, Washington. With 69 units available, this organization plays a vital role in addressing homelessness and housing instability among the elderly population in these areas. By offering affordable housing options and necessary support services, Evergreen Nonprofit Housing contributes to creating a more stable and inclusive community for vulnerable individuals.
This information is meant to be a general summary of Evergreen Nonprofit Housing. 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: $421
- Program Service Revenue: $749,323
- Gross Receipts: $794,296
Assets and Liabilities:
- Total Assets: $2,065,693
- Total Liabilities: $2,257,690
- Net Assets: -$191,997
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD RENT SUBSIDIES
Revenue
$518,228
TENANT RENTAL RECEIPT
Revenue
$224,220
OTHER REVENUE
Revenue
$3,827
LAUNDRY/VENDING MACHINE
Revenue
$3,048
Organization Details
Founding Year
1981
Phone
(360) 993-9560Principal Officer
Susan Derenzo
Main Address
2500 MAIN STREET SUITE 200, VANCOUVER, WA, 98660
NTEE Category
Code: L22Z - Housing
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