Overview
What is Sepp Management Co Inc?
Sepp Management Co Inc is a nonprofit organization that specializes in managing low-income housing projects. Their primary mission is to provide affordable living spaces for individuals and families in need, contributing to the betterment of their communities. While the provided information is limited, it suggests that Sepp Management Co Inc plays a crucial role in this sector, ensuring the smooth operation and maintenance of these projects.
Official website here: www.seppinc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Sepp Management Co Inc has achieved a Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. This rating signifies that the organization meets high standards in financial transparency and governance, with a perfect score for its independent board composition and oversight practices. The charity emphasizes fiscal responsibility, evidenced by a low liabilities to assets ratio and a robust program expense ratio, ensuring that the majority of funds are directed towards its programs.
The organization boasts 100% independent board members, which enhances its credibility and decision-making processes. The presence of an Audit and Oversight Committee further supports its financial integrity. In addition, Sepp Management Co Inc maintains policies for conflict of interest and whistleblower protections, indicating a well-structured governance framework that prioritizes ethical practices.
Overall, Sepp Management Co Inc demonstrates a strong financial health and governance model, making it a reliable choice for donors seeking to support a nonprofit with proven accountability. There are no significant limitations noted in the data, suggesting that the organization is effectively fulfilling its mission and managing its resources responsibly.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Sepp Management Co Inc?
74% of the nine reviewers on Facebook recommend Sepp Management Co Inc. The overall sentiment appears to be quite mixed.
Some reviewers express significant concerns about rising rental costs, emphasizing their struggles with affordability, especially for those on fixed incomes. There are clear frustrations regarding the management's approach to rent increases, suggesting that residents feel they are not being considered in the decision-making process.
On a more positive note, some users appreciate services provided by the organization, though these sentiments are overshadowed by the dissatisfaction stemming from financial burdens. Overall, while there are aspects of the management that some find satisfactory, the prevalent theme revolves around the need for more affordable housing solutions.
This AI summary has been generated from reviews found on Facebook.
Is Sepp Management Co Inc legitimate?
Sepp Management Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sepp Management Co 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: $148,017
Professional Fundraising Fees: $0
Other Salaries and Wages: $286,863
For more financial information, click here
Official website here: www.seppinc.com
What is the mission statement of Sepp Management Co Inc?
Sepp Management Co Inc focuses its activities on managing low-income housing projects. Their mission, as stated, is centered around this objective. Although the provided information is limited, it can be inferred that their mission likely involves providing affordable housing solutions and ensuring the well-being of the residents in these projects. However, without more detailed information, a comprehensive mission statement cannot be accurately summarized.
Official website here: www.seppinc.com
What is the revenue of Sepp Management Co Inc?
Sepp Management Co Inc's revenue in 2024 was $858,183.
Official website here: www.seppinc.com
Who are the executives of Sepp Management Co Inc and what are their salaries?
The average compensation at Sepp Management Co Inc during 2024 was $12,425. There are 35 employees at Sepp Management Co Inc.
Here are 22 key members and their salaries:
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- Compensation: $148,017
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- Other: $21,973
Official website here: www.seppinc.com
Where can I find the form 990 for Sepp Management Co Inc?
Sepp Management Co Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.seppinc.com
Learn more at the official website: www.seppinc.com
Mission Statement of Sepp Management Co Inc
Sepp Management Co Inc is an organization dedicated to managing low-income housing projects. Their mission is centered around this endeavor, aiming to provide affordable housing solutions for individuals and families with limited financial resources. By overseeing these projects, Sepp Management Co Inc contributes to the broader goal of ensuring that everyone has access to a decent place to live, regardless of their income level. This mission is a crucial part of the organization's efforts to contribute positively to the community.
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Impact
October, 2024
Sepp Management Co Inc plays a crucial role in managing low-income housing projects in Binghamton, NY. By focusing on this sector, the organization contributes significantly to community improvement, providing stable and affordable housing options for individuals and families in need. This impact fosters social stability and enhances the overall quality of life for residents, allowing them to thrive in a supportive environment. Through their efforts, Sepp Management Co Inc addresses the critical issue of housing accessibility, positively influencing the broader community by ensuring that vulnerable populations have their basic needs met.
This information is meant to be a general summary of Sepp Management Co 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $21,233
- Program Service Revenue: $624,046
- Gross Receipts: $858,183
Assets and Liabilities:
- Total Assets: $1,052,192
- Total Liabilities: $131,239
- Net Assets: $920,953
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$428,618
SERVICE FEES
Revenue
$187,069
RENTAL INCOME
Revenue
$8,359
Organization Details
Founding Year
1990
Principal Officer
John M Bernardo
Website
www.seppinc.comNTEE Category
Code: S43Z - Community improvement
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