Overview
What is St Marks Senior Citizens Hdfc?
St. Marks Senior Citizens HDFC is a nonprofit organization that specializes in supporting senior citizens by managing a housing complex. Their primary focus is on operating this senior citizen complex, providing essential housing services to its residents. The organization's mission encompasses more than just housing, as it aims to cater to the needs of senior citizens within its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
St Marks Senior Citizens Hdfc has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The charity excels in several key areas, including having a fully independent board and a robust audit and oversight committee, which are crucial for maintaining transparency and trustworthiness. Their program expense ratio of 77.47% demonstrates a strong commitment to directing funds towards their programs rather than administrative costs.
The organization has implemented important policies such as conflict of interest and whistleblower protections, both of which contribute to a healthy governance structure. The presence of documented board meeting minutes further reflects their commitment to accountability. These strengths highlight their dedication to responsible management and ethical practices.
However, while the organization shows strong fiscal health and governance, the overall score of 79% suggests there may be areas for improvement to reach a higher rating. Continuous assessment of financial practices and program effectiveness could enhance their overall impact and transparency, inviting greater trust from donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is St Marks Senior Citizens Hdfc legitimate?
St Marks Senior Citizens Hdfc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Marks Senior Citizens Hdfc 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: $147,953
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What is the mission statement of St Marks Senior Citizens Hdfc?
St. Marks Senior Citizens HDFC is committed to operating a senior citizen housing complex and providing necessary housing support services. Their mission revolves around managing and maintaining a senior living facility, offering essential services to its residents. The organization's programs primarily focus on ensuring the smooth operation of the senior citizen complex.
Who is the CEO of St Marks Senior Citizens Hdfc?
Kino Vitet is the President of St Marks Senior Citizens Hdfc.
What is the revenue of St Marks Senior Citizens Hdfc?
St Marks Senior Citizens Hdfc's revenue in 2022 was $882,618.
Who are the executives of St Marks Senior Citizens Hdfc and what are their salaries?
The average compensation at St Marks Senior Citizens Hdfc during 2022 was $73,976. There are 2 employees at St Marks Senior Citizens Hdfc.
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Where can I find the form 990 for St Marks Senior Citizens Hdfc?
St Marks Senior Citizens Hdfc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Marks Senior Citizens Hdfc
St. Marks Senior Citizens HDFC is an organization dedicated to serving the needs of senior citizens. Its primary mission lies in operating a senior citizen housing complex, providing essential housing support services. The programs of St. Marks Senior Citizens HDFC are centered around the operation of this senior citizen complex, aiming to cater to the specific needs of its elderly residents.
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Impact
July, 2024
St Marks Senior Citizens HDFC's impact can be seen through its operation of a senior citizen housing complex in Queens Village, NY. By providing housing support services and running programs centered on senior citizen living, this organization plays a crucial role in the well-being and comfort of the elderly residents in the community. Through its dedicated efforts, St Marks Senior Citizens HDFC contributes to enhancing the quality of life for senior citizens in the area.
This information is meant to be a general summary of St Marks Senior Citizens Hdfc. 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 2022.
- Investment Income: $731
- Program Service Revenue: $881,737
- Gross Receipts: $882,618
Assets and Liabilities:
- Total Assets: $3,059,068
- Total Liabilities: $9,399,594
- Net Assets: -$6,340,526
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$877,777
LAUNDRY
Revenue
$3,960
Organization Details
Founding Year
1989
Phone
(718) 756-6607Principal Officer
Kino Vitet
Main Address
221-10 JAMAICA AVE APT 3 FL, QUEENS VILLAGE, NY, 11428
NTEE Category
Code: L800 - Housing
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