Overview
What is Depaul Housing Management Corporation?
Depaul Housing Management Corporation, sponsored by the Roman Catholic Diocese of Albany, is a dedicated nonprofit organization based in Albany, New York. Their primary focus is on managing apartments for the elderly, largely catering to low-income individuals. They offer a variety of amenities, including community health information, programs, and social activities, to enhance the lives of approximately 1100 seniors residing there. The organization's mission is centered around excellence, compassion, respect, and dignity, ensuring an active, healthy, and independent lifestyle for its residents.
Official website here: www.depaulhousing.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Depaul Housing Management Corporation has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The charity's score is derived entirely based on its performance in financial management, which shows a strong commitment to transparency and responsible stewardship of resources.
The organization boasts a fully independent board, with all members meeting the criteria for independence. This governance structure is complemented by a robust audit and oversight committee, ensuring rigorous financial practices. Furthermore, the charity maintains a strong program expense ratio of 79.39%, indicating that a significant portion of its resources is directed towards its mission rather than administrative costs.
There are no reported issues regarding asset diversion, and the organization adheres to comprehensive policies related to conflicts of interest, whistleblower protection, and document retention. These factors illustrate a culture of integrity and accountability within Depaul Housing Management Corporation, making it a reliable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Depaul Housing Management Corporation legitimate?
Depaul Housing Management Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Depaul Housing Management 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: $104,546
Professional Fundraising Fees: $0
Other Salaries and Wages: $338,009
For more financial information, click here
Official website here: www.depaulhousing.com
What is the mission statement of Depaul Housing Management Corporation?
Depaul Housing Management Corporation, supported by the Roman Catholic Diocese of Albany, primarily focuses on developing and managing senior housing communities catering to individuals of all faiths. The organization is committed to promoting active, healthy, and independent lifestyles for its residents. They carry out this mission with a strong emphasis on excellence, demonstrating compassion, respect, and dignity towards all they serve and employ. The corporation provides necessary services and activities to support the well-being of its residents, ensuring they live fulfilling lives.
Official website here: www.depaulhousing.com
Who is the CEO of Depaul Housing Management Corporation?
Richard Provost is the President of Depaul Housing Management Corporation.
Official website here: www.depaulhousing.com
What is the revenue of Depaul Housing Management Corporation?
Depaul Housing Management Corporation's revenue in 2022 was $890,438.
Official website here: www.depaulhousing.com
Who are the executives of Depaul Housing Management Corporation and what are their salaries?
The average compensation at Depaul Housing Management Corporation during 2022 was $9,032. There are 49 employees and 5 volunteers at Depaul Housing Management Corporation.
Here are 6 key members and their salaries:
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- Compensation: $102,589
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- Other: $7,424
Official website here: www.depaulhousing.com
Where can I find the form 990 for Depaul Housing Management Corporation?
Depaul Housing Management Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.depaulhousing.com
Learn more at the official website: www.depaulhousing.com
Mission Statement of Depaul Housing Management Corporation
Depaul Housing Management Corporation, sponsored by the Roman Catholic Diocese of Albany, is primarily devoted to developing and managing senior housing communities for individuals of all faiths. Their commitment to excellence is carried out with compassion, respect, and dignity, ensuring that the residents they serve and employ live active, healthy, and independent lifestyles. The organization provides services and activities that support this mission, offering a welcoming environment where seniors can thrive and maintain their independence. Depaul Housing Management Corporation is dedicated to upholding its mission with dedication and respect, fostering a community that values each resident's well-being and overall quality of life.
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Impact
October, 2024
Depaul Housing Management Corporation significantly enhances the lives of seniors, particularly those with low incomes, by providing quality housing and a supportive community environment. With a focus on senior housing communities, it serves approximately 1,100 older adults, offering them not only a place to live but also access to essential community health information and various programs that foster social interaction and engagement.
The organization prioritizes active, healthy, and independent lifestyles, ensuring that residents have opportunities to participate in diverse activities that promote well-being. This approach not only addresses the immediate housing needs of seniors but also enriches their quality of life, creating a sense of belonging and community among residents of all faiths. Through its operations, Depaul Housing Management Corporation exemplifies compassion, respect, and dignity, positively impacting the Albany community by empowering seniors to thrive in their later years.
This information is meant to be a general summary of Depaul Housing Management 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $176,478
- Program Service Revenue: $713,955
- Gross Receipts: $2,557,483
Assets and Liabilities:
- Total Assets: $2,689,342
- Total Liabilities: $157,051
- Net Assets: $2,532,291
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$533,056
BOOKKEEPING FEES
Revenue
$162,500
CONTRACTUAL SERVICES REV
Revenue
$16,199
OTHER
Revenue
$2,200
Organization Details
Founding Year
1979
Phone
(518) 459-0183Principal Officer
Richard Provost
Main Address
41 NORTH MAIN AVENUE, ALBANY, NY, 12203
Website
www.depaulhousing.comNTEE Category
Code: L22 - Housing
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