Overview
What is Mount Ephraim Senior Housing Initia C/O Prd Managment?
Mount Ephraim Senior Housing Initiative C/O Prd Management is a nonprofit organization based in Collingswood, New Jersey. With a focus on senior housing, they utilize HUD subsidy programs to provide affordable living solutions for the elderly. Operating with a team of six dedicated individuals, this organization is committed to enhancing the living conditions of seniors, ensuring they can maintain a decent standard of life.
Official website here: www.prd.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning a Two-Star out of Four Star rating.
Mount Ephraim Senior Housing Initiative has achieved a 69% rating, indicating some strengths in financial oversight and governance. The organization is noteworthy for having a fully independent board, demonstrating a commitment to governance integrity, as well as a solid performance in program expense ratio, with 97.32% of expenses allocated to its programs. Additionally, the financial statements are audited, and there have been no material diversions of assets, showcasing a strong accountability framework.
However, the organization has several significant limitations. Notably, it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and document retention and destruction protocols, all of which are crucial for operational transparency and ethical governance. Furthermore, the liabilities to assets ratio stands at a concerning 171.46%, which may raise questions about the organization's financial stability. The absence of the tax form on the nonprofit's website also detracts from its accountability efforts. Overall, while the nonprofit has commendable aspects, there are critical areas that need improvement to foster greater trust and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Mount Ephraim Senior Housing Initia C/O Prd Managment legitimate?
Mount Ephraim Senior Housing Initia C/O Prd Managment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Ephraim Senior Housing Initia C/O Prd Managment submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $162,786
For more financial information, click here
Official website here: www.prd.net
What is the mission statement of Mount Ephraim Senior Housing Initia C/O Prd Managment?
Mount Ephraim Senior Housing Initiative, managed by Property Management, has a mission to provide decent and affordable housing for senior citizens. They accomplish this through the utilization of subsidy programs from the U.S. Department of Housing and Urban Development (HUD). The organization's primary goal is to ensure that senior citizens have access to suitable living accommodations within their budgetary constraints. By offering this service, they contribute to the well-being and comfort of the elderly population, providing them with a secure and affordable living environment.
Official website here: www.prd.net
Who is the CEO of Mount Ephraim Senior Housing Initia C/O Prd Managment?
Sue Mcelhatton is the CEO of Mount Ephraim Senior Housing Initia C/O Prd Managment The CEO's salary of Mount Ephraim Senior Housing Initia C/O Prd Managment is $0 and their total compensation is $0.
Official website here: www.prd.net
What is the revenue of Mount Ephraim Senior Housing Initia C/O Prd Managment?
Mount Ephraim Senior Housing Initia C/O Prd Managment's revenue in 2024 was $651,812.
Official website here: www.prd.net
Who are the executives of Mount Ephraim Senior Housing Initia C/O Prd Managment and what are their salaries?
The average compensation at Mount Ephraim Senior Housing Initia C/O Prd Managment during 2024 was $54,262. There are 3 employees at Mount Ephraim Senior Housing Initia C/O Prd Managment.
Here are 6 key members and their salaries (Mount Ephraim Senior Housing Initia C/O Prd Managment's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.prd.net
Where can I find the form 990 for Mount Ephraim Senior Housing Initia C/O Prd Managment?
Mount Ephraim Senior Housing Initia C/O Prd Managment's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.prd.net
Learn more at the official website: www.prd.net
Mission Statement of Mount Ephraim Senior Housing Initia C/O Prd Managment
Mount Ephraim Senior Housing Initiative, managed by Prd Management, is committed to providing senior citizens with decent and affordable housing options. This is accomplished through the utilization of HUD subsidy programs. The organization's mission is to ensure that elderly individuals have access to suitable housing, alleviating financial burdens associated with housing costs. By leveraging HUD subsidies, Mount Ephraim Senior Housing Initiative aims to make housing more affordable and accessible for seniors, thereby improving their quality of life.
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Impact
July, 2024
The impact of Mount Ephraim Senior Housing Initia C/O Prd Management is providing decent and affordable housing for seniors through HUD subsidy programs. This initiative directly addresses the housing needs of seniors in the community, ensuring they have a safe and comfortable place to live in their golden years. By offering affordable housing options, this program helps seniors maintain their independence and quality of life while also fostering a sense of community and support among elderly residents. Overall, Mount Ephraim Senior Housing Initia C/O Prd Management plays a vital role in addressing the housing challenges faced by seniors and contributes to their well-being and security.
This information is meant to be a general summary of Mount Ephraim Senior Housing Initia C/O Prd Managment. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $2,368
- Program Service Revenue: $327,856
- Gross Receipts: $651,812
Assets and Liabilities:
- Total Assets: $4,208,983
- Total Liabilities: $7,006,834
- Net Assets: -$2,797,851
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$317,409
LAUNDRY INCOME
Revenue
$10,217
MISCELLANOUS INCOME
Revenue
$136
LATE CHARGES
Revenue
$94
Organization Details
Founding Year
2001
Principal Officer
Justin R Ackerman
Website
www.prd.netNTEE Category
Code: L22 - Housing
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