Overview
What is North Pacific Homes Inc?
North Pacific Homes Inc is a nonprofit organization that focuses on providing a nurturing and comfortable living environment for retirement-aged individuals. Situated in a well-maintained campus, the organization offers rental apartments specifically designed with the needs of elderly residents in mind. Their mission is to establish a community that fosters a sense of home, care, and fellowship in a Christian environment, ensuring the overall well-being of its residents.
Official website here: www.villageretirementcenter.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
North Pacific Homes Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in its operations. While the organization demonstrates strengths such as a fully independent board and a high program expense ratio, which reflects effective use of resources towards its mission, it lacks several essential governance policies like a whistleblower policy and a document retention policy.
The organization also faces challenges in financial management, as evidenced by a relatively high liabilities to assets ratio. Although it successfully reports no material diversion of assets, the absence of financial statements on its website raises concerns regarding transparency and accountability. This lack of adequate financial documentation may hinder donor confidence and could impact potential funding opportunities.
Overall, while North Pacific Homes Inc shows commitment through its programming and governance structure, addressing its financial transparency and governance policy gaps will be crucial for enhancing its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is North Pacific Homes Inc legitimate?
North Pacific Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Pacific Homes 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: $122,043
Professional Fundraising Fees: $0
Other Salaries and Wages: $857,178
For more financial information, click here
Official website here: www.villageretirementcenter.com
What is the mission statement of North Pacific Homes Inc?
North Pacific Homes Inc is committed to establishing a community of residences for retirees, providing them with a pleasant and nurturing environment that upholds Christian values. This community is situated within a well-maintained campus, offering independent homes for the elderly. The organization's mission is to ensure that these retirement-aged residents find a welcoming and caring atmosphere, fostering a sense of community within the campus.
Official website here: www.villageretirementcenter.com
Who is the CEO of North Pacific Homes Inc?
Dennis Whitted is the Administrato of North Pacific Homes Inc.
Official website here: www.villageretirementcenter.com
What is the revenue of North Pacific Homes Inc?
North Pacific Homes Inc's revenue in 2023 was $2,917,920.
Official website here: www.villageretirementcenter.com
Who are the executives of North Pacific Homes Inc and what are their salaries?
The average compensation at North Pacific Homes Inc during 2023 was $20,834. There are 47 employees at North Pacific Homes Inc.
Here are 9 key members and their salaries:
- Compensation: $120,203
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- Other: $0
Official website here: www.villageretirementcenter.com
Where can I find the form 990 for North Pacific Homes Inc?
North Pacific Homes Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.villageretirementcenter.com
Learn more at the official website: www.villageretirementcenter.com
Mission Statement of North Pacific Homes Inc
North Pacific Homes Inc, a nonprofit organization, is dedicated to providing a community of homes that cater to the needs of retired residents. This community is established within a well-maintained campus and offers an environment that is both pleasant and caring. The organization upholds a strong Christian ethos, ensuring that its residents feel supported and welcomed. The homes are designed as independent apartments, providing independence and autonomy to the elderly residents. North Pacific Homes Inc's mission is to create a sense of community within this setting, fostering a loving and supportive environment for its residents.
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Impact
July, 2024
North Pacific Homes Inc, operating as The Village Retirement Center in Gresham, Oregon, has a significant impact on the lives of retirement age residents. By providing a community of homes in a caring and pleasant Christian environment within a well-maintained campus of independent apartments, the organization offers a safe and supportive living arrangement for elderly residents. The tailored rental apartments are specifically designed to meet the needs of this demographic, ensuring they have access to a comfortable and inclusive living space. Through its mission to create a welcoming community for retirement age residents, North Pacific Homes Inc positively influences the well-being and quality of life for its residents.
This information is meant to be a general summary of North Pacific Homes 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 2023.
- Investment Income: $12,980
- Program Service Revenue: $2,857,359
- Gross Receipts: $2,918,054
Assets and Liabilities:
- Total Assets: $10,588,059
- Total Liabilities: $7,456,659
- Net Assets: $3,131,400
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APTS
Revenue
$2,447,588
PREPAID RENT
Revenue
$236,620
CAFETERIA INCOME
Revenue
$119,804
CARPORTS/GARAGE
Revenue
$25,281
LABOR INCOME
Revenue
$15,569
Organization Details
Founding Year
1959
Phone
(503) 665-3137Principal Officer
Dennis Whitted
Main Address
4501 W POWELL BLVD, GRESHAM, OR, 97030
NTEE Category
Code: L22Z - Housing
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