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Ashland Place Houses Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 112390927 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Ashland Place Houses Inc?

Ashland Place Houses Inc is a nonprofit organization situated in Brooklyn, New York, with a specific mission to support the Brooklyn Hospital Center. They achieve this by owning buildings and land, which provide essential office spaces for clinical and administrative purposes, contributing to healthcare services. Moreover, these properties also serve as housing for the hospital's trainees and staff, ensuring a comfortable living environment during their tenure. The organization's primary objective is to enhance the hospital's operational capabilities and support its personnel.


Official website here: www.tbh.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall Score: 62%)

Ashland Place Houses Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its operational transparency and governance. With an overall score of 62%, the organization shows strengths in certain areas, such as maintaining a conflict of interest policy and a whistleblower policy, both of which received full scores. However, the lack of independent board members and a poor liability-to-assets ratio raise concerns about its financial management and accountability.

The organization has demonstrated some positive aspects in its financial practices, including a strong program expense ratio. Nonetheless, significant weaknesses are evident, particularly in board independence and governance practices. The absence of independent board members and the high salaries of key personnel may also detract from its perceived commitment to financial stewardship and community support.

While Ashland Place Houses Inc has structures in place for document retention and transparency, such as posting board meeting minutes, it has not made its tax documents readily available on its website. This lack of transparency could hinder potential donors' trust. Overall, while the nonprofit exhibits certain strengths, there are notable areas that require urgent attention in order to improve its rating and overall effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Ashland Place Houses Inc legitimate?

Ashland Place Houses Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ashland Place Houses Inc 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: $0

For more financial information, click here


Official website here: www.tbh.org

What is the mission statement of Ashland Place Houses Inc?

Ashland Place Houses Inc supports a hospital, not specified, by owning buildings and land that provide clinical and administrative office space for hospital services. Additionally, these properties also offer housing for the hospital's trainees and staff. The organization's mission is to aid the hospital in meeting its real estate needs, thereby contributing to the delivery of healthcare services. Ashland Place Houses Inc's activities primarily revolve around supporting the hospital's day-to-day operations and housing needs for its staff and trainees.


Official website here: www.tbh.org

Who is the CEO of Ashland Place Houses Inc?

Sharon Wickes is the Principal Officer of Ashland Place Houses Inc.


Official website here: www.tbh.org

What is the revenue of Ashland Place Houses Inc?

Ashland Place Houses Inc's revenue in 2022 was $0.


Official website here: www.tbh.org

Who are the executives of Ashland Place Houses Inc and what are their salaries?

There 2 volunteers at Ashland Place Houses Inc.


Here are 4 key members and their salaries:


Gary G Terrinoni (President & Board Chair)
  • Compensation: $0
  • Related: $1,558,000
  • Other: $11,985
Sharon L Wickes (Treasurer & Director)
  • Compensation: $0
  • Related: $335,000
  • Other: $5,498
Carlos P Naudon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Elizabeth Fontaine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tbh.org

Where can I find the form 990 for Ashland Place Houses Inc?

Ashland Place Houses Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tbh.org

Learn more at the official website: www.tbh.org

Mission Statement of Ashland Place Houses Inc

Ashland Place Houses Inc, a nonprofit organization, supports the Brooklyn Hospital Center by owning buildings and land that provide clinical and administrative office space, as well as housing for its trainees and staff. The mission of Ashland Place Houses Inc is to aid the hospital in meeting its real estate needs, ensuring that it has adequate facilities to deliver healthcare services. The organization's ownership of buildings and land not only provides office space but also housing for those working at the hospital, thereby supporting the hospital's operations and the training of future healthcare professionals. In essence, Ashland Place Houses Inc plays a crucial role in enhancing the Brooklyn Hospital Center's ability to deliver healthcare services effectively.

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Impact




October, 2024

Ashland Place Houses Inc significantly impacts the Brooklyn Hospital Center by providing essential real estate resources that support healthcare services. Through its ownership of buildings and land, it offers clinical and administrative office space crucial for the hospital's operations. This infrastructure is indispensable for delivering quality medical care to the community.

In addition to administrative support, the organization also ensures that the hospital's trainees and staff have access to housing, which is vital for recruitment and retention in the challenging healthcare environment. By addressing both clinical and housing needs, Ashland Place Houses Inc plays a pivotal role in enhancing the overall effectiveness and sustainability of the Brooklyn Hospital Center, ultimately contributing to improved health outcomes for the local population.




This information is meant to be a general summary of Ashland Place Houses Inc. 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.

Revenue
$0 (2022)
Expenses
$11,746 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

    Assets and Liabilities:

    • Total Assets: $278,450
    • Total Liabilities: $18,591,385
    • Net Assets: -$18,312,935

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    Organization Details

    Founding Year

    1974

    Principal Officer

    Sharon Wickes

    Main Address

    121 DEKALB AVENUE, BROOKLYN, NY, 11201

    NTEE Category

    Code: E11 - Health

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