Clinton Assoc For A Renewed Environment C/O P&L Management & Consulting Inc

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

EIN: 133479722 ✦ Brewster, NY ✦ Designated as a 501(c)(3)

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Overview

What is Clinton Assoc For A Renewed Environment C/O P&L Management & Consulting Inc?

Clinton Assoc for a Renewed Environment C/O P&L Management & Consulting Inc is a nonprofit organization situated in Brewster, New York. Their primary focus is providing low and moderate income housing to families in need, operating 132 units directly and serving as the general partner for an additional 108 units in Manhattan, New York City. They successfully manage these properties, keeping rents affordable for the targeted population. The organization's mission is to develop, own, and operate residential housing, primarily in the Clinton area of Manhattan, aiming to improve the stability of the neighborhood by catering to families often overlooked by existing governmental programs. With a modest workforce of 5 employees, they successfully provide housing and services to their community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Stars)

Clinton Assoc For A Renewed Environment has received a solid Three-Star rating from Charity Navigator, reflecting a satisfactory level of accountability and financial health. The organization has demonstrated a commitment to transparency, as evidenced by its policies on conflict of interest, whistleblowing, and document retention. Additionally, the board is entirely independent, which enhances governance and oversight.

The charity showcases strong financial management, with an impressive program expense ratio of 89.02%, indicating that a significant portion of its resources is directed toward its programs rather than administrative costs. Furthermore, the organization has a low liabilities-to-assets ratio of 26.60%, suggesting a stable financial position.

While the overall rating is positive, the charity could aim for improvement in its financial score to enhance its rating further. Overall, the organization appears to operate effectively within its framework, maintaining a strong focus on its mission and responsible use of funds.


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

Is Clinton Assoc For A Renewed Environment C/O P&L Management & Consulting Inc legitimate?

Clinton Assoc For A Renewed Environment C/O P&L Management & Consulting Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clinton Assoc For A Renewed Environment C/O P&L Management & Consulting 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: $139,011

For more financial information, click here

What is the mission statement of Clinton Assoc For A Renewed Environment C/O P&L Management & Consulting Inc?

The Clinton Associates for a Renewed Environment, under the management of P&L Management & Consulting Inc., is dedicated to providing low and moderate income housing and related building services. Their primary mission is to develop, own, and operate residential housing primarily in unspecified areas, aiming to serve families who are typically overlooked by existing governmental programs. This initiative is intended to promote the stability of the neighborhood, providing housing at below market rate rents for the benefit of their target population, which are low and moderate income families.

Who is the CEO of Clinton Assoc For A Renewed Environment C/O P&L Management & Consulting Inc?

Mary D'Elia is the Chair of Clinton Assoc For A Renewed Environment C/O P&L Management & Consulting Inc.

What is the revenue of Clinton Assoc For A Renewed Environment C/O P&L Management & Consulting Inc?

Clinton Assoc For A Renewed Environment C/O P&L Management & Consulting Inc's revenue in 2023 was $1,799,312.

Who are the executives of Clinton Assoc For A Renewed Environment C/O P&L Management & Consulting Inc and what are their salaries?

The average compensation at Clinton Assoc For A Renewed Environment C/O P&L Management & Consulting Inc during 2023 was $27,802. There are 5 employees and 6 volunteers at Clinton Assoc For A Renewed Environment C/O P&L Management & Consulting Inc.


Here are 7 key members and their salaries:


Mary D'Elia (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Bean (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Reigadas (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia Solis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Chapman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel D' Elia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Mcmanus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Clinton Assoc For A Renewed Environment C/O P&L Management & Consulting Inc?

Clinton Assoc For A Renewed Environment C/O P&L Management & Consulting Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Clinton Assoc For A Renewed Environment C/O P&L Management & Consulting Inc

Clinton Associates for a Renewed Environment, under the management of P&L Management & Consulting Inc., is dedicated to providing low and moderate income housing and related building services. Their primary mission is to develop, own, and operate residential housing primarily in the Clinton area of Manhattan. This organization aims to cater to families who are typically underserved by existing governmental programs, thereby promoting the stability of the Clinton neighborhood. By directly owning 132 units of low and moderate income housing and acting as the general partner for an additional 108 units on the westside of Manhattan in New York City, Clinton Associates is able to operate this housing at below market rate rents, benefiting its target population: low and moderate income families.

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Impact




August, 2024

Clinton Assoc For A Renewed Environment, operating under P&L Management & Consulting Inc, has a significant impact on the community by providing low and moderate income housing and related building services. They directly own 132 units of such housing and serve as the general partner for an additional 108 units on the Westside of Manhattan in New York City. By successfully operating this housing at below market rate rents, they benefit low and moderate income families in the target population. Their mission is to develop, own, and operate residential housing primarily in the Clinton area of Manhattan, providing housing to families who are typically underserved by existing governmental programs. This helps promote stability in the Clinton neighborhood.




This information is meant to be a general summary of Clinton Assoc For A Renewed Environment C/O P&L Management & Consulting 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
$1,799,312 (2023)
Expenses
$1,928,170 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $1,478,738
  • Gross Receipts: $1,873,981

Assets and Liabilities:

  • Total Assets: $11,424,439
  • Total Liabilities: $3,038,957
  • Net Assets: $8,385,482

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Programs

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

LOW & MODERATE RENTAL

Revenue

$1,260,279

PRI - INTEREST

Revenue

$218,459

Organization Details

Founding Year

1998

Principal Officer

Mary D'Elia

Main Address

PUTNAM BUS PK BOX 9 ROUTE 22, BREWSTER, NY, 10509

NTEE Category

Code: L80 - Housing

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