Overview
What is Allen Temple Development Corp 2 No 2?
Allen Temple Development Corp 2 No 2 is a California-based nonprofit organization, established in 1982, with a mission to provide affordable housing for low-income elderly and handicapped individuals. Situated in Oakland, California, they manage a 51-unit housing community named Allen Temple Arms II, in accordance with Section 202 of the National Housing Act. This community offers a vital living space for those in need, contributing significantly to the housing sector in the region.
Official website here: www.humangood.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Allen Temple Development Corp 2 No 2 has achieved a solid rating of 81%, indicating a commendable level of accountability and finance management. The organization scored particularly well in several metrics, such as having a fully independent board and maintaining a strong program expense ratio of 84.14%. These factors suggest a commitment to effective governance and a focus on utilizing funds for their intended charitable purposes.
However, the organization does show a significant concern with its liabilities to assets ratio, which is reported at 208.16%. This indicates potential financial strain and raises questions about the sustainability of its operations. Despite this limitation, the organization has established robust policies for conflict of interest, whistleblowing, and document retention, showcasing a commitment to transparency and ethical management.
Overall, while Allen Temple Development Corp 2 No 2 demonstrates strong accountability practices, potential stakeholders should consider its financial liabilities when evaluating the organization's long-term viability and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Allen Temple Development Corp 2 No 2 legitimate?
Allen Temple Development Corp 2 No 2 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allen Temple Development Corp 2 No 2 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:
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For more financial information, click here
Official website here: www.humangood.org
What is the mission statement of Allen Temple Development Corp 2 No 2?
Allen Temple Development Corp 2 No 2 is committed to providing affordable housing for low-income elderly and handicapped individuals. Established in 1982, this California-based non-profit corporation operates a 51-unit apartment community, known as Allen Temple Arms II, in Oakland, California. The organization adheres to Section 202 of the National Housing Act, aiming to make affordable housing a reality for those in need. Their mission is centered around providing a living space that is accessible and affordable for this specific demographic, ensuring they can maintain a dignified and independent lifestyle.
Official website here: www.humangood.org
Who is the CEO of Allen Temple Development Corp 2 No 2?
Tifia Napier-Morales is the Principal Officer of Allen Temple Development Corp 2 No 2.
Official website here: www.humangood.org
What is the revenue of Allen Temple Development Corp 2 No 2?
Allen Temple Development Corp 2 No 2's revenue in 2022 was $949,036.
Official website here: www.humangood.org
Who are the executives of Allen Temple Development Corp 2 No 2 and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.humangood.org
Where can I find the form 990 for Allen Temple Development Corp 2 No 2?
Allen Temple Development Corp 2 No 2's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.humangood.org
Learn more at the official website: www.humangood.org
Mission Statement of Allen Temple Development Corp 2 No 2
Allen Temple Development Corp 2 No 2, established in 1982, is a California-based non-profit organization with a mission to provide affordable housing for low-income elderly and handicapped individuals. This mission is carried out through the operation of a 51-unit apartment community known as Allen Temple Arms II, located in Oakland, California. The organization adheres to Section 202 of the National Housing Act, which is aimed at offering housing solutions for underserved populations. By providing affordable housing, Allen Temple Development Corp 2 No 2 contributes to the well-being and independence of its residents, enabling them to live with dignity and security.
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Impact
July, 2024
The impact of Allen Temple Development Corp 2 No 2 is providing essential affordable housing for low-income elderly and handicapped individuals. This organization plays a crucial role in addressing the housing needs of vulnerable populations by ensuring they have a safe and stable place to call home. By offering affordable housing options, Allen Temple Development Corp 2 No 2 contributes to improving the quality of life and well-being of its residents, creating a positive impact on their overall health and security.
This information is meant to be a general summary of Allen Temple Development Corp 2 No 2. 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: $2,037
- Program Service Revenue: $249,200
- Gross Receipts: $949,036
Assets and Liabilities:
- Total Assets: $1,099,457
- Total Liabilities: $2,288,698
- Net Assets: -$1,189,241
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$249,200
Organization Details
Founding Year
1982
Phone
(925) 924-7100Principal Officer
Tifia Napier-Morales
Main Address
1900 HUNTINGTON DRIVE, DUARTE, CA, 91010
Website
www.humangood.orgNTEE Category
Code: L21 - Housing
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