Ahi Charles Street Apartments Inc

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

EIN: 200246423 ✦ East pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Ahi Charles Street Apartments Inc?

Ahi Charles Street Apartments Inc, located in East Pittsburg, Pennsylvania, is a nonprofit organization dedicated to providing affordable and decent housing for qualified individuals. Their mission is centered around ensuring that individuals in need have access to suitable living spaces. Operating with this objective, the organization works tirelessly to offer decent and affordable housing to those who meet their qualifications. The specifics of these qualifications are not provided in the information, but it's clear that Ahi Charles Street Apartments Inc is committed to promoting affordable housing opportunities for its community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 70%, earning it a Two-Star out of Four Star rating. This rating indicates a moderate level of accountability and financial health for Ahi Charles Street Apartments Inc. While the organization scores well in areas such as having a majority of independent board members and a solid liabilities to assets ratio, the overall score reflects significant shortcomings in transparency and governance practices.

The organization received a full score in several financial metrics, including an impressive program expense ratio of 80.43%, suggesting that a substantial portion of its funds is directed towards its programs. However, the nonprofit has notable deficiencies in governance and transparency, as indicated by a lack of essential policies and disclosures, such as a conflict of interest policy and whistleblower protections, contributing to a low score in this area.

Overall, while Ahi Charles Street Apartments Inc demonstrates strength in financial management and program focus, it faces challenges in transparency and accountability that could affect stakeholder trust. Addressing these limitations would be crucial for enhancing its overall rating and improving public perception.


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

Is Ahi Charles Street Apartments Inc legitimate?

Ahi Charles Street Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahi Charles Street Apartments 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: $7,248

For more financial information, click here

What is the mission statement of Ahi Charles Street Apartments Inc?

Ahi Charles Street Apartments Inc is committed to providing affordable and decent housing for qualified individuals. This mission is carried out by offering housing that is within reach financially for those who meet the necessary criteria. The organization's activities are centered around ensuring that suitable housing is made available, promoting affordability and decent living standards for its residents. By providing such housing, Ahi Charles Street Apartments Inc aims to contribute positively to the lives of its residents, offering them a place to call home. The organization's mission is to make a difference in the lives of its residents by offering them affordable housing that meets decent living standards.

Who is the CEO of Ahi Charles Street Apartments Inc?

Matt Patsey is the President of Ahi Charles Street Apartments Inc.

What is the revenue of Ahi Charles Street Apartments Inc?

Ahi Charles Street Apartments Inc's revenue in 2022 was $112,530.

Who are the executives of Ahi Charles Street Apartments Inc and what are their salaries?


Here are 6 key members and their salaries:


Lawrence A Swanson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Dinardo (Vp/Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Demes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Currie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Bianchi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Patsey (Senior Accountant)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ahi Charles Street Apartments Inc?

Ahi Charles Street Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ahi Charles Street Apartments Inc

Ahi Charles Street Apartments Inc, a nonprofit organization, is committed to providing decent and affordable housing for qualified individuals. Their mission is to ensure that individuals in need have access to housing that meets basic living standards without straining their financial resources. By offering affordable housing options, Ahi Charles Street Apartments Inc aims to help individuals maintain a stable living environment, which is essential for their overall well-being and development. The organization's dedication to this cause is evident in its mission to provide affordable, decent housing for those who qualify, thus contributing to a more inclusive and equitable society.

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Impact




October, 2024

Ahi Charles Street Apartments Inc significantly impacts the community by offering decent, affordable housing options to qualified individuals in East Pittsburgh, PA. This initiative addresses the pressing need for accessible housing, helping to alleviate the challenges faced by those who may struggle to find safe and affordable living environments. By focusing on creating quality housing solutions, Ahi Charles Street Apartments Inc fosters stability and improves the overall quality of life for its residents. This effort not only enhances individual well-being but also contributes to the revitalization and strengthening of the local community, ensuring that more individuals and families have a secure place to call home.




This information is meant to be a general summary of Ahi Charles Street Apartments 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
$112,530 (2022)
Expenses
$99,084 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $37
  • Program Service Revenue: $28,915
  • Gross Receipts: $112,530

Assets and Liabilities:

  • Total Assets: $393,159
  • Total Liabilities: $88,805
  • Net Assets: $304,354

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Programs

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

RENTAL INCOME

Revenue

$28,915

Organization Details

Founding Year

1990

Principal Officer

Matt Patsey

Main Address

803 E PITTSBURGH PLAZA, EAST PITTSBURGH, PA, 15112

NTEE Category

Code: L80 - Housing

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