Overview
What is Albina Plaza?
Albina Plaza is a nonprofit organization that focuses on addressing the housing needs of low-income families. With the support of the U.S. Department of Housing and Urban Development, they offer 8 residential units. Their primary mission is to provide affordable housing solutions to individuals and families who are economically disadvantaged. Albina Plaza works diligently to ensure that those in need have a place to call home.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
Albina Plaza has earned a solid Three-Star rating based on its performance in accountability and finance, reflecting a commitment to transparency and responsible stewardship of resources. The organization's overall score is derived entirely from its Accountability & Finance metrics, indicating a strong focus on these areas. With a notable 75.55% program expense ratio, Albina Plaza is effectively directing a significant portion of its funds towards its programs.
The charity demonstrates strength in its governance, as evidenced by having a fully independent board with ten members, which scored 10 out of 10 points. However, areas for improvement have been highlighted, particularly the absence of a whistleblower policy and documentation of board meeting minutes, which could enhance organizational transparency and governance practices.
While the organization shows a commendable financial health with a low liabilities to assets ratio of 27.26%, the missing policies suggest a need for better internal controls. Overall, Albina Plaza showcases positive attributes in its operations, but addressing the noted limitations could further strengthen its accountability framework.
This AI summary has been generated from information found on Charity Navigator.
Is Albina Plaza legitimate?
Albina Plaza is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albina Plaza 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 Albina Plaza?
Albina Plaza, an organization overseen by the U.S. Department of Housing and Urban Development, is committed to providing housing solutions for low-income families. Their mission is centered around making affordable housing accessible to those who require it the most. By offering eight housing units, Albina Plaza plays a significant role in addressing the housing needs of families in need.
Who is the CEO of Albina Plaza?
Kymberly Horner is the President of Albina Plaza.
What is the revenue of Albina Plaza?
Albina Plaza's revenue in 2022 was $58,221.
Who are the executives of Albina Plaza and what are their salaries?
There 3 volunteers at Albina Plaza.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- 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 Albina Plaza?
Albina Plaza's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Albina Plaza
Albina Plaza, a nonprofit organization, is dedicated to providing housing solutions for low-income families. With the guidance and oversight of the U.S. Department of Housing and Urban Development, Albina Plaza offers eight housing units, catering to families in need of affordable living spaces. The organization's primary mission is to ensure that these families, who may otherwise struggle to secure adequate housing, have access to a safe and affordable home. By providing this essential service, Albina Plaza plays a vital role in supporting the well-being and stability of these families, thereby contributing to their overall quality of life.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Albina Plaza's impact lies in providing critical housing support to low-income families in need. With 8 units of affordable housing in Portland, Oregon, Albina Plaza plays a vital role in addressing the housing needs of vulnerable communities. By offering safe and affordable housing options, the organization contributes to enhancing the quality of life and stability for these families. Albina Plaza's commitment to serving those who need it most aligns with its mission to ensure that everyone has access to a safe and secure place to call home.
This information is meant to be a general summary of Albina Plaza. 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: $4
- Program Service Revenue: $19,404
- Gross Receipts: $58,221
Assets and Liabilities:
- Total Assets: $560,986
- Total Liabilities: $130,585
- Net Assets: $430,401
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME & FEES
Revenue
$19,404
Organization Details
Founding Year
1995
Phone
(503) 288-2923Principal Officer
Kymberly Horner
Main Address
6329 NE MARTIN LUTHER KING JR BL, PORTLAND, OR, 97211
NTEE Category
Code: L80 - Housing
If you are a representative of Albina Plaza and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.