Peter and Paul Housing Corporation
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
PETER AND PAUL HOUSING CORPORATION IS ORGANIZED AND OPERATED FOR THE PURPOSE OF CONTRACTING FOR, ACQUIRING (BY PURCHASE OR OTHERWISE), HOLDING, OWNING, USING, IMPROVING, RENOVATING, RENTING, MANAGING, CONVEYING, ASSIGNING, SELLING, EXCHANGING, TRANSFERRING, MORTGAGING, PLEDGING, OR OTHERWISE DEALING IN REAL ESTATE, LOCATED IN THE SOULARD HISTORIC DISTRICT IN THE CITY OF ST. LOUIS, MO FOR THE PRESERVATION, RESTORATION AND GENERAL BETTERMENT OF SAID SOULARD HISTORIC DISTRICT, AND TO MAKE AFFORDABLE HOUSING AVAILABLE TO THE GENERAL PUBLIC WITHIN SAID SOULARD HISTORIC DISTRICT.
- Income
- $250,925
- Spending
- $281,749
- Spent on programs
- 100%
- Reserves
- -38.3 months of spending
- Largest source of income
- fees for its services, 100%
- Employees
- 0
- Volunteers
- 9
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 24 out of 100. Higher than 4% of charities in its peer group (housing, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 136% of what it owns.
Living within its means
4 of 15Spending exceeded income by 12% of income.
Income trend
5 of 15Income fell 18% on the year before.
Spending floor
15 of 15100% of spending went to programs.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 59 out of 100. Higher than 17% of charities in its peer group (housing, $250k to $1m).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no 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.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed 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 December 31, 2024, 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)
- $281,749 spent. PETER AND PAUL HOUSING WORKS IN PARTNERSHIP WITH COMMUNITY AND NON-PROFIT ORGANIZATIONS, GOVERNMENT OFFICIALS, PRIVATE DEVELOPERS, AND BUSINESS LEADERS IN THE NEIGHBORHOODS CONTIGUOUS TO THE SOULARD HISTORIC DISTRICT, INCLUDING: SOULARD, LASALLE PARK, MCKINLEY HEIGHTS, BENTON PARK, LAFEYETTE SQUARE, AND KOSKIOSKO. THEY SEEK WAYS TO REDEVELOP HISTORIC BUILDINGS OR PROPERTIES THAT ARE VACANT DUE TO PHYSICAL OR FINANCIAL COMPLICATIONS THAT PREVENT PRIVATE CITIZENS FROM MOVING FORWARD WITH THEM, WORK TO RAISE AWARENESS OF THE ORGANIZATION'S GOALS THROUGHOUT THE COMMUNITY AND THE CITY OF ST. LOUIS AND SEEK TO MANAGE PROPERTY IN A MANNER THAT ENHANCES THE COMMUNITY.
Source: Form 990 for the year ending December 31, 2024, 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 October 13, 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 December 2024.
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 August 1998.
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 October 21, 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.