Overview
What is Mountain Park Terrace Inc?
Mountain Park Terrace Inc is a nonprofit organization, located at 1900 Huntington Drive, Duarte, CA 91010. Their primary mission is to provide affordable housing for the elderly, catering to their physical, social, and psychological needs. This organization, known as Clark Terrace, works in collaboration with the United States Department of Housing and Urban Development under Section 202 of the National Housing Act. Their goal is to ensure the health, security, happiness, and continued usefulness of the elderly population through low-cost rental housing and related facilities and services.
Official website here: www.humangood.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Mountain Park Terrace Inc has received a solid score of 82%, indicating a reasonable level of performance in terms of accountability and finance. This rating is primarily based on its accountability and finance metrics, with the charity excelling in key areas such as the independence of its board members and the absence of material asset diversion. A fully independent board composed of six members, along with comprehensive policies, reinforces the organization’s commitment to governance and transparency.
The charity boasts a program expense ratio of 81.68%, which reflects its focus on allocating funds towards its mission rather than administrative costs. The organization has implemented numerous policies, including those for conflict of interest, whistleblower protection, and document retention, which contribute to its strong accountability framework. Additionally, it has ensured that all relevant documentation, such as board meeting minutes, is maintained and accessible.
However, while the score is commendable, it is essential for potential donors and stakeholders to continue monitoring the organization's performance and effectiveness beyond the financial metrics. Overall, Mountain Park Terrace Inc demonstrates a commitment to responsible management practices, making it a trustworthy option for those looking to support nonprofit initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Mountain Park Terrace Inc legitimate?
Mountain Park Terrace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mountain Park Terrace 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: $0
For more financial information, click here
Official website here: www.humangood.org
What is the mission statement of Mountain Park Terrace Inc?
Mountain Park Terrace Inc's mission is centered around providing affordable housing for the elderly. The organization designs facilities and services specifically catering to the physical, social, and psychological needs of the elderly, aiming to enhance their health, security, happiness, and overall usefulness in their later years. By doing so, Mountain Park Terrace Inc contributes positively to the well-being of the elderly population, enabling them to live comfortably and securely. The organization achieves this goal in association with the United States Department of Housing and Urban Development, under Section 202 of the National Housing Act.
Official website here: www.humangood.org
Who is the CEO of Mountain Park Terrace Inc?
John H Cochrane Iii is the Chief Executive Officer of Mountain Park Terrace Inc. The CEO's salary of Mountain Park Terrace Inc is $0 and their total compensation is $671,183.
Official website here: www.humangood.org
What is the revenue of Mountain Park Terrace Inc?
Mountain Park Terrace Inc's revenue in 2022 was $459,149.
Official website here: www.humangood.org
Who are the executives of Mountain Park Terrace Inc and what are their salaries?
Here are 15 key members and their salaries (Mountain Park Terrace Inc's CEO's salary is $0 and their total compensation is $671,183):
- Compensation: $0
- Related: $73,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $32,228
- Other: $0
- Compensation: $0
- Related: $310,289
- Other: $27,427
- Compensation: $0
- Related: $645,511
- Other: $25,672
- Compensation: $0
- Related: $530,748
- Other: $31,801
- Compensation: $0
- Related: $354,675
- Other: $31,380
- Compensation: $0
- Related: $281,269
- Other: $13,919
- Compensation: $0
- Related: $122,473
- Other: $121
- Compensation: $0
- Related: $353,484
- Other: $33,191
Official website here: www.humangood.org
Where can I find the form 990 for Mountain Park Terrace Inc?
Mountain Park Terrace Inc'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 Mountain Park Terrace Inc
Mountain Park Terrace Inc is committed to providing affordable housing options for the elderly, catering to their physical, social, and psychological needs. This organization, in line with its mission, offers low-cost rental housing along with related facilities and services. The primary aim is to contribute to the elderly's health, security, happiness, and overall usefulness in longer living. Mountain Park Terrace Inc collaborates with the United States Department of Housing and Urban Development under Section 202 of the National Housing Act to offer such housing solutions.
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Impact
July, 2024
Mountain Park Terrace Inc's impact lies in its provision of low-cost rental housing for the elderly, catering to their physical, social, and psychological needs. By offering affordable housing specifically designed for the aged population, the organization contributes to the health, security, happiness, and overall quality of life of its residents. Through its services and facilities, Mountain Park Terrace Inc enables elderly individuals to live longer, healthier, and more fulfilling lives, fostering a sense of community and support among its residents.
This information is meant to be a general summary of Mountain Park Terrace 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 2022.
- Investment Income: $240
- Program Service Revenue: $146,002
- Gross Receipts: $459,149
Assets and Liabilities:
- Total Assets: $1,845,932
- Total Liabilities: $3,291,393
- Net Assets: -$1,445,461
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$146,002
Organization Details
Founding Year
1995
Phone
(818) 247-0420Principal Officer
John H Cochrane Iii
Main Address
1900 HUNTINGTON DRIVE, DUARTE, CA, 91010
Website
www.humangood.orgNTEE Category
Code: L20Z - Housing
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