Overview
What is Portfolio Resident Services Inc?
Portfolio Resident Services Inc., a 501(c)(3) nonprofit organization, is dedicated to enhancing the lives of families, individuals, and seniors residing in affordable housing communities. This includes low to moderate-income apartment complexes. By strategically designing, implementing, and managing programs, Portfolio Resident Services proactively supports residents in the short and long term. The organization strives to surpass Local Rent Accommodation Administration (LURA) requirements, fostering a sense of community within the properties they serve. In doing so, they aim to reduce expenses and stabilize occupancy, ultimately improving overall cash flow. Portfolio Resident Services' mission revolves around providing high-quality social assistance, with a specific focus on enhancing the cultural and family standards of the low-income residents they serve.
Is Portfolio Resident Services Inc legitimate?
Portfolio Resident Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Portfolio Resident Services 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,940,867
For more financial information, click here
What is the mission statement of Portfolio Resident Services Inc?
Portfolio Resident Services Inc, as a non-profit organization, is committed to providing quality social assistance to low-income residents. Their mission includes designing and implementing programs aimed at raising the cultural and family standards of these individuals. By doing so, they aim to improve the lives of the families and individuals living in affordable housing communities. Their efforts are not limited to meeting LURA requirements but extend to fostering a sense of community within the properties they serve, thereby reducing expenses and stabilizing occupancy.
Who is the CEO of Portfolio Resident Services Inc?
Jot Couch Jr is the Presdient of Portfolio Resident Services Inc.
What is the revenue of Portfolio Resident Services Inc?
Portfolio Resident Services Inc's revenue in 2022 was $6,964,845.
Who are the executives of Portfolio Resident Services Inc and what are their salaries?
- Melinda Frazer (Key Employee)
- Lisa Hess (Key Employee)
- Eleanor Fanning (Key Employee)
- Gloria Sanderson (Presdient) [Trustee/Director]
- Dean O'Kelley (V. Pres.) [Trustee/Director]
- Stacey Jackson (Board Member) [Trustee/Director]
- Russ Michaels (Sec/Treasurer) [Trustee/Director]
- Marie Compton (Board Member) [Trustee/Director]
- Casey Carson (Board Member) [Trustee/Director]
- Ladebb Harris (Board Member) [Trustee/Director]
Where can I find the form 990 for Portfolio Resident Services Inc?
The Portfolio Resident Services Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Portfolio Resident Services Inc
Portfolio Resident Services Inc, a 501(c)(3) non-profit organization, is dedicated to enhancing the lives of low-income families, individuals, and seniors residing in affordable housing communities. Their mission is to provide quality social assistance, going beyond simply meeting requirements. They design and implement programs aimed at raising the cultural and family standards of their residents. By proactively assisting them in both the short and long term, Portfolio Resident Services Inc strives to build a sense of community within the properties it serves. This approach not only helps reduce expenses and stabilize occupancy but also contributes to a higher overall cash flow for the organization.
Impact
This information is meant to be a general summary of Portfolio Resident Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Portfolio Resident Services Inc's impact is significant in providing quality social assistance to low-income residents, including programs designed to raise their cultural and family standards. By focusing on improving the lives of families, individuals, and seniors residing in affordable apartment communities, PRS actively assists residents in both the short and long term. Their programs not only meet regulatory requirements but also aim to build community within the properties they serve, ultimately leading to higher cash flow, reduced expenses, and stabilized occupancy. This demonstrates their dedication to making a tangible difference in the lives of those they support.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICE FEES
Revenue
$6,739,642
Organization Details
Founding Year
2009
Phone
(713) 526-6634
Principal Officer
Jot Couch Jr
Main Address
3701 KIRBY DRIVE SUITE 860, HOUSTON, TX, 77098
NTEE Category
Code: P20 - Human services
If you are a representative of Portfolio Resident Services Inc 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.