Overview
What is Woodland Apartments Preservation Inc?
Woodland Apartments Preservation Inc is a nonprofit organization that is dedicated to offering affordable housing solutions to eligible families. Their primary focus is on senior citizens and retirement communities, providing them with suitable living spaces. Through their programs, they extend a vital service, ensuring low-income families have access to secure and comfortable housing options.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Woodland Apartments Preservation Inc has received a solid Three-Star rating from Charity Navigator, indicating a decent level of accountability and finance management. The organization scored 82% overall, with its rating based entirely on accountability and financial metrics. The latest fiscal year evaluated was FY2023, showcasing the organization's commitment to maintaining transparency and responsible financial practices.
The nonprofit excels in various areas, including having a fully independent board of directors, scoring 8 out of 8 points in this category. Furthermore, its financial statements are well-managed, receiving full marks for review or compilation. The organization demonstrates strong asset management with a low liabilities to assets ratio of 3.38% and an impressive program expense ratio of 87.04%, highlighting its focus on delivering effective programs.
While the rating reflects significant strengths in financial practices and board independence, there are no noted limitations in the provided data. Overall, Woodland Apartments Preservation Inc appears to be a reliable organization committed to its mission and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Woodland Apartments Preservation Inc legitimate?
Woodland Apartments Preservation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woodland Apartments Preservation 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: $73,743
For more financial information, click here
What is the mission statement of Woodland Apartments Preservation Inc?
Woodland Apartments Preservation Inc, as a organization, is dedicated to providing low-income housing opportunities. They accomplish this mission through their senior citizens housing and retirement communities programs, catering to eligible families in need. By offering these housing solutions, Woodland Apartments Preservation Inc aims to contribute positively to the lives of those who may not otherwise have access to suitable living arrangements. The organization's focus is on making a difference in people's lives by providing them with secure, affordable housing options.
Who is the CEO of Woodland Apartments Preservation Inc?
Michelle Martin is the President of Woodland Apartments Preservation Inc.
What is the revenue of Woodland Apartments Preservation Inc?
Woodland Apartments Preservation Inc's revenue in 2023 was $662,487.
Who are the executives of Woodland Apartments Preservation 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
Where can I find the form 990 for Woodland Apartments Preservation Inc?
Woodland Apartments Preservation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Woodland Apartments Preservation Inc
Woodland Apartments Preservation Inc is committed to providing low-income housing solutions for eligible families. Through its senior citizens housing and retirement communities programs, this organization offers a sanctuary for individuals in need. The mission of Woodland Apartments Preservation Inc is to make affordable housing accessible to families who require it, thereby contributing to their overall well-being and stability. By offering senior citizens housing and retirement communities, this nonprofit organization aims to cater to the unique needs of the elderly population, providing them with a secure and comfortable living environment.
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Impact
July, 2024
Woodland Apartments Preservation Inc's impact lies in providing low-income housing to eligible families through its senior citizens housing and retirement communities programs. By offering affordable and safe housing options, this organization helps improve the quality of life for individuals and families in need in North Bend, Oregon.
This information is meant to be a general summary of Woodland Apartments Preservation 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: $158
- Program Service Revenue: $662,329
- Gross Receipts: $662,487
Assets and Liabilities:
- Total Assets: $1,326,063
- Total Liabilities: $44,863
- Net Assets: $1,281,200
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DWELLING RENT
Revenue
$226,531
HUD RENT SUBSIDIES
Revenue
$430,666
LAUNDRY/VENDING
Revenue
$90
OTHER REVENUE
Revenue
$5,042
Organization Details
Founding Year
1996
Phone
(541) 756-4111Principal Officer
Michelle Martin
Main Address
1700 MONROE STREET, NORTH BEND, OR, 97459
NTEE Category
Code: L22 - Housing
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