Overview
What is South St Lawrence Planning Corp?
South St Lawrence Planning Corp is a nonprofit organization situated in Star Lake, New York. Their primary mission is to provide housing solutions for individuals who are financially disadvantaged, elderly, or disabled. The corporation's activities are focused on offering appropriate housing facilities to cater to their specific needs. By doing so, they contribute significantly to enhancing the quality of life for these individuals in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%
The South St Lawrence Planning Corp has achieved a Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and financial management. Scoring 93% overall, the organization demonstrates strong governance practices, with 100% of its board members being independent and a well-structured whistleblower policy in place. Their liabilities to assets ratio is notably low at 9.18%, reflecting sound financial stability.
Strengths of the organization include a high program expense ratio of 68.84%, meaning a significant portion of its budget is directed towards fulfilling its mission rather than administrative costs. The presence of a conflict of interest policy, alongside comprehensive documentation of board meeting minutes, contributes to transparent operations.
Despite these strengths, the organization could continue to enhance its impact by increasing its program expense ratio slightly further, to better align with best practices among top-performing nonprofits. Overall, the rating reflects a commitment to responsible stewardship of resources and a strong organizational foundation.
This AI summary has been generated from information found on Charity Navigator.
Is South St Lawrence Planning Corp legitimate?
South St Lawrence Planning Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. South St Lawrence Planning Corp 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: $42,335
For more financial information, click here
What is the mission statement of South St Lawrence Planning Corp?
South St Lawrence Planning Corp is committed to providing housing solutions for individuals who fall under the low-income, elderly, and handicapped categories. Their primary mission revolves around ensuring that these vulnerable groups have a suitable living environment. The organization dedicates its resources to covering the expenses necessary for providing such housing, demonstrating a strong commitment to social welfare and inclusivity. By offering housing solutions, South St Lawrence Planning Corp aims to contribute positively to the well-being and quality of life for these individuals, thereby fostering a more equitable society.
Who is the CEO of South St Lawrence Planning Corp?
Philip Giardiano is the President of South St Lawrence Planning Corp.
What is the revenue of South St Lawrence Planning Corp?
South St Lawrence Planning Corp's revenue in 2022 was $201,669.
Who are the executives of South St Lawrence Planning Corp and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for South St Lawrence Planning Corp?
South St Lawrence Planning Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of South St Lawrence Planning Corp
South St. Lawrence Planning Corp, as a nonprofit organization, is dedicated to providing housing solutions for individuals who fall under three categories: low-income earners, the elderly, and those with disabilities. This mission is a crucial part of their activities, ensuring that these vulnerable groups have a place to call home. The organization's primary focus is on allocating resources to cover the expenses associated with providing housing for these individuals, demonstrating their commitment to this cause. By offering housing, South St. Lawrence Planning Corp is contributing to the well-being and stability of these individuals, enabling them to live with dignity and independence.
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Impact
October, 2024
South St Lawrence Planning Corp significantly impacts the community by providing essential housing support for low-income, elderly, and handicapped individuals. Their programs are specifically designed to address the housing needs of these vulnerable populations in Star Lake, NY, ensuring they have access to safe and adequate living conditions. By focusing on affordable housing solutions, the organization helps improve the quality of life for those in need, fostering a more inclusive and supportive community environment. The services offered not only meet immediate housing needs but also contribute to the overall stability and well-being of individuals and families in the region.
This information is meant to be a general summary of South St Lawrence Planning Corp. 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: $180
- Program Service Revenue: $199,838
- Gross Receipts: $201,669
Assets and Liabilities:
- Total Assets: $895,710
- Total Liabilities: $108,756
- Net Assets: $786,954
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$199,838
Organization Details
Founding Year
1980
Phone
(315) 848-2074Principal Officer
Philip Giardiano
Main Address
PO BOX 6, STAR LAKE, NY, 13690
NTEE Category
Code: L20Z - Housing
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