Tcs-1
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE ORGANIZATION'S MISSION IS TO PROVIDE AFFORDABLE HOUSING TO LOWER INCOME RESIDENTS OF THE CITY OF SCRANTON, THAT IS COMFORTABLE, CLEAN, MODERN, AND SAFE. THE ORGANZATION FULFILLS ITS MISSION BY CONTINUALLY REINVESTING IN THE PHYSICAL AND AESTHETIC QUALITY OF ITS 233 RESIDENTIAL UNITS, WHILE CHARGING RENTS THAT ARE CONSISTENTLY 35% TO 40% BELOW PREVALING MARKET RENT RATES IN THE REGION, THUS MAKING THE UNITS AFFORDABLE FOR CURRENT AND POTENTIAL TENANTS WITH LOWER INCOMES.
- Income
- $2.0 million
- Spending
- $1.8 million
- Spent on programs
- 100%
- Reserves
- 0.9 months of spending
- Largest source of income
- fees for its services, 95%
- Employees
- 12
- Highest pay
- $94,878, ex. director
Source: Form 990 for the year ending October 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 65 out of 100. Higher than 52% of charities in its peer group (housing, $1m to $10m).
Reserves
4 of 35Spendable reserves would cover 0.9 months of spending.
Debt
16 of 20It owes 24% of what it owns.
Living within its means
15 of 15Income exceeded spending by 9% of income.
Income trend
15 of 15Income rose 6% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending October 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 92 out of 100. Higher than 55% of charities in its peer group (housing, $1m to $10m).
Independent board
25 of 259 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending October 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $1.8 million spent. PROVIDED 233 UNITS OF AFFORDABLE, COMFORTABLE, CLEAN, MODERN, AND SAFE HOUSING TO LOWER INCOME RESIDENTS OF THE CITY OF SCRANTON. THE ORGANIZATION HAS MADE THE UNITS AFFORDABLE TO ITS TENANTS BY CHARGING MONTHLY RENTS THAT CONTINUALLY AVERAGE 35% TO 40% BELOW PREVAILING MARKET RATES. THE ORGANIZATION MADE ITS AFFORDABLE HOUSING COMFORTABLE, CLEAN, AND MODERN BY INVESTING 943,000 IN PROPERTY AND EQUIPMENT ADDITIONS AND RENOVATIONS OVER THE LAST 5 YEARS, AND AN ADDITIONAL 2,460,000 IN CAPITAL IMPROVEMENTS DURING THE PREVIOUS 5 YEARS. AS A RESULT OF THESE ADDITIONS AND RENOVATIONS, THE ORGANZATION'S HOUSING COMPLEX AND PROPERTY IS A SOURCE OF BEAUTY AND PRIDE FOR ITS RESIDENTS AND THE COMMUNITY AT LARGE, WHILE STILL PROVIDING CITIZENS WITH LOWER INCOMES THE ABILITY TO RESIDE HERE. THE ORGANIZATION MAINTAINED THE SAFETY OF ITS RESIDENTIAL UNITS BY (A) CONTRACTING WITH THE CITY OF SCRANTON FOR POLICE SECURITY COVERAGE; (B) MAINTAINING A LARGE, STATE OF THE ART VIDEO SECURITY SYSTEM, AND (C) PROVIDING A LARGE, NEATLY MANICURED GREEN SPACE WITHIN THE PROPERTY FOR RESIDENT TENANTS OF ALL AGES TO ENJOY. PROVIDED 233 UNITS OF AFFORDABLE, COMFORTABLE, CLEAN, MODERN, AND SAFE HOUSING TO LOWER INCOME RESIDENTS OF THE CITY OF SCRANTON. THE ORGANIZATION HAS MADE THE UNITS AFFORDABLE TO ITS TENANTS BY CHARGING MONTHLY RENTS THAT CONTINUALLY AVERAGE 35% TO 40% BELOW PREVAILING MARKET RATES. THE ORGANIZATION MADE ITS AFFORDABLE HOUSING COMFORTABLE, CLEAN, AND MODERN BY INVESTING 943,000 IN PROPERTY AND EQUIPMENT ADDITIONS AND RENOVATIONS OVER THE LAST 5 YEARS, AND AN ADDITIONAL 2,460,000 IN CAPITAL IMPROVEMENTS DURING THE PREVIOUS 5 YEARS. AS A RESULT OF THESE ADDITIONS AND RENOVATIONS, THE ORGANZATION'S HOUSING COMPLEX AND PROPERTY IS A SOURCE OF BEAUTY AND PRIDE FOR ITS RESIDENTS AND THE COMMUNITY AT LARGE, WHILE STILL PROVIDING CITIZENS WITH LOWER INCOMES THE ABILITY TO RESIDE HERE. THE ORGANIZATION MAINTAINED THE SAFETY OF ITS RESIDENTIAL UNITS BY (A) CONTRACTING WITH THE CITY OF SCRANTON FOR POLICE SECURITY COVERAGE; (B) MAINTAINING A LARGE, STATE OF THE ART VIDEO SECURITY SYSTEM, AND (C) PROVIDING A LARGE, NEATLY MANICURED GREEN SPACE WITHIN THE PROPERTY FOR RESIDENT TENANTS OF ALL AGES TO ENJOY.
Source: Form 990 for the year ending October 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending October 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1970.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.