Parc Housing Inc
Nonprofit profile at a glance
- EIN
- 591700361
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- St Petersburg, FL, USA
- Phone
- 7273459111
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Group Homes
Reported finances
- Revenue
- $1,051,900
- Expenses
- $653,406
- Assets
- $3,902,794
- Liabilities
- $1,515,559
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- MICHELLE DETWEILER (PRESIDENT & CEO)
Highest reported compensation
- MICHELLE DETWEILER (PRESIDENT & CEO): $215,473 total reported compensation
- MARK CAVANAUGH (TREASURER, EVP & CFO): $163,045 total reported compensation
- DAVID LEHMAN (VP OF OPERATIONS): $107,526 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide person-centered, comprehensive, individualized residential services via parc center apartments for adults with developmental disabilities.
What it reported doing in 2024
The organization operates a 24 unit residential facility in pinellas county, Florida for the developmentally disabled under section 202 of the national housing act. The program, which is regulated by the u.s. Department of housing and urban development, provides person-centered, comprehensive, individualized residential services for adults with disabilities. The facility is a superior alternative to state institutions.(continued on schedule o)parc center apartments is an adult residential facility that provides 24-hour, non-medical care for adults over age 18, who are unable to provide for their own daily needs. The residents in this facility are physically handicapped, developmentally disabled, and/or mentally disabled.parc center apartments aims to provide a safe, nurturing and caring environment to its participants in a community-style setting.
Operating model
- Revenue model
- Grant-funded. 94% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 57
- Transparency & Controls: 65
- Accountability: 91
- Sustainability: 74
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.1%; rating input score 52
- Program expense ratio: 83.9%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 37.9%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 5.97; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.39; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 8.6%; rating input score 41; 41st percentile among comparable filings
Growth
- Program expense growth: 2.1% per year; rating input score 100; 27th percentile among comparable filings
- Revenue growth: 8% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 5.5% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: 52.1% of revenue deployed · 83.9% of spending went to programs
- Governance: 15 of 15 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $548K in reported program spending
- Leadership: top reported pay $215K · 20 people listed · 0 of 6 pay-setting controls reported
- Consistency: 26 of 26 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Related organizations: 5 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 52/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Liabilities to assets ratio scored 20/100.
- Moderate — Sustainability: Officer compensation ratio scored 41/100.