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Passavant Memorial Homes Ii Inc

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

EIN: 200672875 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Passavant Memorial Homes Ii Inc?

Passavant Memorial Homes II Inc. is a nonprofit organization based in Pittsburgh, Pennsylvania, with a specific focus on providing housing solutions for individuals with intellectual disabilities, autism, and behavioral health needs. Their mission is to develop and manage real estate properties that cater to these individuals, offering them a safe and supportive living environment. For more details, you may visit their website at www.pmhfos.org. The organization operates with the goal of enhancing the quality of life for these individuals, providing them with a place they can call home.


Official website here: www.pmhfos.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Stars

Passavant Memorial Homes Ii Inc holds a solid Three-Star rating from Charity Navigator, reflecting a commendable score of 77%. This score is derived exclusively from the Accountability & Finance beacon, indicating that the organization operates with a strong emphasis on financial responsibility. The evaluation demonstrates that the organization has maintained a high standard in areas such as asset management, policy transparency, and documentation practices.

The organization has scored full marks in crucial accountability metrics, such as having no material diversion of assets and well-established conflict of interest, whistleblower, and document retention policies. Additionally, its low liabilities to assets ratio of 4.73% and a high program expense ratio of 91.30% suggest that a significant portion of its funds is directed towards its programs rather than administrative costs. These aspects highlight the nonprofit's commitment to responsible financial stewardship.

While the overall rating is reflective of strong financial practices, it is worth noting that the score is based solely on the Accountability & Finance aspect. There may be other factors, such as program impact and donor engagement, that are not captured in this rating. Nonetheless, Passavant Memorial Homes Ii Inc's strong accountability measures position it as a reliable entity in the nonprofit sector.


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

Is Passavant Memorial Homes Ii Inc legitimate?

Passavant Memorial Homes Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Passavant Memorial Homes Ii 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: $1,450

For more financial information, click here


Official website here: www.pmhfos.org

What is the mission statement of Passavant Memorial Homes Ii Inc?

Passavant Memorial Homes II has a mission to develop and manage real estate properties, specifically for providing housing to individuals with intellectual disabilities, autism, and behavioral health needs. Their primary goal is to operate housing rental units for these qualifying individuals, aiming to offer a suitable living environment for them. For more details, you can visit their website.


Official website here: www.pmhfos.org

Who is the CEO of Passavant Memorial Homes Ii Inc?

Rick D Senft is the Ceo & President of Passavant Memorial Homes Ii Inc. The CEO's salary of Passavant Memorial Homes Ii Inc is $0 and their total compensation is $993,011.


Official website here: www.pmhfos.org

What is the revenue of Passavant Memorial Homes Ii Inc?

Passavant Memorial Homes Ii Inc's revenue in 2022 was $53,501.


Official website here: www.pmhfos.org

Who are the executives of Passavant Memorial Homes Ii Inc and what are their salaries?

There 1 volunteer at Passavant Memorial Homes Ii Inc.


Here are 8 key members and their salaries (Passavant Memorial Homes Ii Inc's CEO's salary is $0 and their total compensation is $993,011):


Lawrence Kushik (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Bazzone (Cfo)
  • Compensation: $0
  • Related: $207,775
  • Other: $23,747
Lewis Minett (Cos, Secretary & Treasurer)
  • Compensation: $0
  • Related: $365,908
  • Other: $38,723
Rick D Senft (Ceo & President)
  • Compensation: $0
  • Related: $957,664
  • Other: $35,347
Zachary Senft (Coo & Vice President)
  • Compensation: $0
  • Related: $519,919
  • Other: $38,836
William Sherbondy (Executive Director)
  • Compensation: $0
  • Related: $237,238
  • Other: $35,400
Robert Dougherty (Former Officer)
  • Compensation: $0
  • Related: $278,739
  • Other: $9,447
Carol Grant (Former Officer)
  • Compensation: $0
  • Related: $327,604
  • Other: $0


Official website here: www.pmhfos.org

Where can I find the form 990 for Passavant Memorial Homes Ii Inc?

Passavant Memorial Homes Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pmhfos.org

Learn more at the official website: www.pmhfos.org

Mission Statement of Passavant Memorial Homes Ii Inc

Passavant Memorial Homes II is committed to a mission that is centered around developing and managing real estate properties for the purpose of providing housing to individuals who are diagnosed with intellectual disabilities, autism, and behavioral health needs. This nonprofit organization works tirelessly to create living spaces that cater to the unique needs of these individuals, ensuring a safe and supportive environment for them to thrive. By operating rental units for qualified individuals, Passavant Memorial Homes II contributes significantly to the well-being of these individuals, providing them with a sense of independence and belonging. For more information about Passavant Memorial Homes II and the services they offer, please visit their website at www.pmhfos.org.

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Impact




August, 2024

Passavant Memorial Homes II Inc's impact can be seen in its dedicated efforts to provide housing for individuals with intellectual disabilities, autism, and behavioral health needs. By developing and operating real estate properties specifically designed for these populations, Passavant Memorial Homes II Inc is making a significant difference in the lives of those who require specialized housing and support services. Through their focus on creating safe and comfortable living environments tailored to meet the unique needs of their residents, Passavant Memorial Homes II Inc is contributing to enhancing the quality of life for individuals with these challenges.




This information is meant to be a general summary of Passavant Memorial Homes Ii 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
$53,501 (2022)
Expenses
$88,902 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2
  • Program Service Revenue: $53,499
  • Gross Receipts: $53,501

Assets and Liabilities:

  • Total Assets: $586,645
  • Total Liabilities: $35,620
  • Net Assets: $551,025

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Programs

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

RENTAL INCOME

Revenue

$53,499

Organization Details

Founding Year

2004

Principal Officer

Rick D Senft

Main Address

100 PASSAVANT WAY, PITTSBURGH, PA, 15238

NTEE Category

Code: L22 - Housing

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