Trinity Place Apartments Inc
Nonprofit profile at a glance
- EIN
- 742235175
- IRS 990-EZ coverage
- 2020–2020
- Forms available
- Form 990 2019, Form 990-EZ 2020
- Location
- Austin, TX, USA
- Phone
- 5124591000
- Rating confidence
- Limited
- Sector
- Senior Citizens' Housing/Retirement Communities
Reported finances
- Expenses
- $12,454
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- RICK SALVO (CHAIR)
- VINCE BRUNSSEN (VICE CHAIR)
- MARK ARMSTRONG (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide low cost housing to the elderly and handicapped persons
What it reported doing in 2020
Trinity place is a comfortable, convenient and caring community (68-unit apartment) for the elderly and handicapped who qualify for the hud 202/8 program in round rock, Texas. The garden apartments are equipped with individual central heating and air conditioning systems, some flooring options in units for carpet or vinyl planking, refrigerators and electric ranges provided. Ten percent of the units are specifically planned for the handicapped. The large community center provides facilities for recreational/social activities, servcies and leisure. Special features include: library; gazebo and park; gameroom; community center; arts, crafts and hobby area; and coin-operated laundry room. Persons 62 years of age and older, single or married, as well as handicapped or disabled individuals may qualify for residency.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 9
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 1.3%; rating input score 1
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 15.1% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: -8.9% per year; rating input score 0; 47th percentile among comparable filings
Details
- Where the money goes: 1.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $164 in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 2 of 2 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- 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.
- High — Financial Efficiency: Program expense ratio scored 1/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.