Somerset Place Association Inc

Housing & shelter organization based in Houston, TX.0 Exempt under §501(c)(4).

MissionCIVIC & SOCIAL WELFARE ORGANIZATION - PROMOTING THE COMMON GOOD AND GENERAL WELFARE OF THE PUBLIC AND COMMUNITY THROUGH THE MAINTENANCE AND MANAGEMENT OF THE ASSOCIATION AND THE PROPERTY, AND PROVIDING SERVICES TO THE COMMUNITY.

Financial snapshot · TY 2024

$919K
Total revenue
$633K
Total expenses
$800K
Net assets

Financial health · TY 2024

44
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
-24 months of expenses
Program efficiency
100
98.6% spent on programs
Revenue diversity
17
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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