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Catholic Charities Progress Of Peoples Development Corporation

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

EIN: 112431586 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Catholic Charities Progress Of Peoples Development Corporation?

Catholic Charities Progress of Peoples Development Corporation is a nonprofit organization based in Brooklyn, New York. With a team of six dedicated individuals, their primary mission is to sponsor, arrange, and provide affordable housing options for low, moderate, and middle-income residents, including the elderly, in Brooklyn, Queens, and New York City, New York. They offer technical assistance to affiliated organizations in developing tax-exempt, low-income housing projects, aiming to contribute positively to the community by providing suitable living spaces.


Official website here: www.ccbq.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 91% (Four-Star out of Four Star Rating)

Catholic Charities Progress Of Peoples Development Corporation has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. This high score is primarily due to their effective management of resources, with a significant focus on maintaining an independent board and ensuring transparency through various governance policies.

The organization boasts an impressive 80% of independent board members, indicating a commitment to ethical oversight. Their financial practices are robust, with no material diversion of assets reported and a favorable liabilities-to-assets ratio of 3.39%. Furthermore, they have implemented essential policies, such as conflict of interest and whistleblower policies, contributing to their overall accountability.

While the program expense ratio is slightly lower at 65.79%, suggesting some room for improvement in the allocation of funds towards programming, the overall governance structure and financial health of the nonprofit indicate a solid foundation for achieving their mission.


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

Is Catholic Charities Progress Of Peoples Development Corporation legitimate?

Catholic Charities Progress Of Peoples Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Charities Progress Of Peoples Development Corporation 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: $826,852

For more financial information, click here


Official website here: www.ccbq.org

What is the mission statement of Catholic Charities Progress Of Peoples Development Corporation?

The Catholic Charities Progress Of Peoples Development Corporation is dedicated to sponsoring, arranging, and providing affordable housing options for low, moderate, and middle-income residents, including the elderly, in various communities. This mission extends beyond Brooklyn and Queens, encompassing New York City, New York. Additionally, the corporation offers technical assistance to affiliated organizations, aiding them in developing tax-exempt, low-income housing for their respective communities.


Official website here: www.ccbq.org

Who is the CEO of Catholic Charities Progress Of Peoples Development Corporation?

Emmie Glynn Ryan is the Executive Secretary of Catholic Charities Progress Of Peoples Development Corporation. The CEO's salary of Catholic Charities Progress Of Peoples Development Corporation is $0 and their total compensation is $43,612.


Official website here: www.ccbq.org

What is the revenue of Catholic Charities Progress Of Peoples Development Corporation?

Catholic Charities Progress Of Peoples Development Corporation's revenue in 2022 was $4,956,301.


Official website here: www.ccbq.org

Who are the executives of Catholic Charities Progress Of Peoples Development Corporation and what are their salaries?

The average compensation at Catholic Charities Progress Of Peoples Development Corporation during 2022 was $137,809. There are 6 employees and 12 volunteers at Catholic Charities Progress Of Peoples Development Corporation.


Here are 20 key members and their salaries (Catholic Charities Progress Of Peoples Development Corporation's CEO's salary is $0 and their total compensation is $43,612):


Emmie Glynn Ryan (Executive Secretary)
  • Compensation: $0
  • Related: $300,008
  • Other: $30,446
Alan Wolinetz (Cfo (Thru 12/31/2021))
  • Compensation: $0
  • Related: $281,091
  • Other: $8,117
George M Stathoudakis (Senior Vp)
  • Compensation: $162,668
  • Related: $0
  • Other: $39,553
Timothy Mcmanus (Senior Vp)
  • Compensation: $193,381
  • Related: $0
  • Other: $4,934
David J Downs (Vp Program Management)
  • Compensation: $137,364
  • Related: $0
  • Other: $7,020
Jennifer M Swift (Associate Director)
  • Compensation: $111,150
  • Related: $0
  • Other: $3,334
Very Rev Patrick Keating (Deputy Ceo/Cfo As Of 1/1/22)
  • Compensation: $0
  • Related: $46,097
  • Other: $1,504
Rev Msgr Alfred P Lopinto (Ceo)
  • Compensation: $0
  • Related: $37,111
  • Other: $6,501
Joseph Giamboi (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Cantirino (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Duke (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Richard J Ahlemeyer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul T Cassone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Castellana (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Grech (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Greene (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lappin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Paolillo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andreas Symietz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Tynan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ccbq.org

Where can I find the form 990 for Catholic Charities Progress Of Peoples Development Corporation?

Catholic Charities Progress Of Peoples Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ccbq.org

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

Mission Statement of Catholic Charities Progress Of Peoples Development Corporation

Catholic Charities Progress of People's Development Corporation is an organization dedicated to sponsoring, arranging, and providing affordable housing solutions for low, moderate, and middle-income residents, including the elderly, in Brooklyn and Queens, New York City, New York. Their mission is to make a significant impact in these communities by ensuring that these residents have access to affordable housing options, thus enhancing their quality of life.

To accomplish this, Catholic Charities Progress of People's Development Corporation offers technical assistance to affiliated organizations, guiding them in developing tax-exempt, low-income housing for the residents of Brooklyn and Queens, and New York City, New York. By providing this support, the corporation aims to contribute to the growth and sustainability of these communities, ensuring that all residents, regardless of their income level, have access to decent and affordable housing.

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Impact




July, 2024

Catholic Charities Progress Of Peoples Development Corporation's impact is evident in its dedication to providing affordable housing to low, moderate, and middle-income residents, including the elderly, in Brooklyn and Queens, New York City. By sponsoring, arranging, and providing housing solutions, this organization plays a crucial role in addressing housing challenges and improving the quality of life for individuals and families in these communities. Additionally, by offering technical assistance to affiliated organizations in developing tax-exempt, low-income housing, Catholic Charities Progress Of Peoples Development Corporation contributes to the broader goal of meeting the housing needs of residents in Brooklyn, Queens, and New York City. Their efforts align with their mission to create sustainable and inclusive housing options for those in need.




This information is meant to be a general summary of Catholic Charities Progress Of Peoples Development Corporation. 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
$4,956,301 (2022)
Expenses
$6,332,105 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,245,441
  • Program Service Revenue: $500,561
  • Gross Receipts: $8,704,042

Assets and Liabilities:

  • Total Assets: $113,609,338
  • Total Liabilities: $3,374,491
  • Net Assets: $110,234,847

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DEVELOPER'S FEE

Revenue

$405,374

RENTAL INCOME

Revenue

$95,187

Organization Details

Founding Year

1976

Principal Officer

Emmie Glynn Ryan

Main Address

191 JORALEMON STREET, BROOKLYN, NY, 11201

NTEE Category

Code: L200 - Housing

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