Overview
What is Lubavitch House At Penn Inc?
Lubavitch House At Penn Inc is a nonprofit organization established with the mission to support and carry out the functions of Guideline Services, Inc. Located at 4032-34 Spruce Street, Philadelphia, PA 19104, this organization primarily serves the Jewish community. Its main objectives include providing a facility for religious services and community outreach, acting as a community center for students at the University of Pennsylvania, and offering housing to students participating in the organization's religious services and programs. The Lubavitch House at Penn Inc was established to purchase 4034 Spruce Street and create a space for Jewish students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
Lubavitch House At Penn Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The charity’s overall score is derived entirely from its Accountability & Finance metrics, which stand at 80%. This rating reflects a positive assessment of the organization’s financial management and operational transparency.
One of the strengths highlighted in the review is the organization’s board composition, boasting 100% independent members and a small board size, which can enhance decision-making effectiveness. Additionally, the charity has successfully maintained a low liabilities to assets ratio of 42.74%, indicating a stable financial position. The program expense ratio is also impressive at 98.37%, suggesting that a significant portion of its resources is devoted to its charitable programs.
However, while the rating reflects strong accountability and finance scores, the overall rating is based solely on this single beacon. This may limit insights into other aspects of the organization, such as its impact or effectiveness in fulfilling its mission. Nonetheless, the available data paints Lubavitch House At Penn Inc as a financially healthy nonprofit committed to transparency and responsible management.
This AI summary has been generated from information found on Charity Navigator.
Is Lubavitch House At Penn Inc legitimate?
Lubavitch House At Penn Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lubavitch House At Penn 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: $0
For more financial information, click here
What is the mission statement of Lubavitch House At Penn Inc?
Lubavitch House at Penn Inc was established with the goal of supporting and emulating the functions of Guidelines Services Inc. This organization aims to provide a facility for religious services and community outreach, serving as a community center for students at the University of Pennsylvania. Furthermore, Lubavitch House at Penn Inc offers housing to students who participate in the religious services and programs, fostering a sense of community and spiritual growth.
What is the revenue of Lubavitch House At Penn Inc?
Lubavitch House At Penn Inc's revenue in 2023 was $167,524.
Who are the executives of Lubavitch House At Penn Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $37,000
- Other: $30,000
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lubavitch House At Penn Inc?
Lubavitch House At Penn Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lubavitch House At Penn Inc
Lubavitch House at Penn Inc was established with a mission to support and carry out the functions of Guidelines Services, Inc. This mission is achieved through various means. The organization provides a facility for Jewish religious services and community outreach, serving as a community center for students at the University of Pennsylvania. Additionally, Lubavitch House at Penn Inc offers housing to students who participate in the religious services and programs. By doing so, the nonprofit aims to foster a supportive environment for Jewish students, allowing them to engage in religious activities and build a sense of community.
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Impact
October, 2024
Lubavitch House At Penn Inc plays a significant role in fostering a vibrant Jewish community among students at the University of Pennsylvania. By establishing a dedicated community center at 4034 Spruce Street, it provides a space for Jewish religious services and cultural activities, thereby enriching the spiritual and social experiences of its members.
The organization not only facilitates essential religious services but also emphasizes community outreach, ensuring that students can connect over shared values and traditions. Additionally, it offers housing options for those participating in its religious programs, creating a supportive environment for Jewish students to engage deeply with their faith and community.
Through these initiatives, Lubavitch House At Penn Inc strengthens the sense of belonging among Jewish students in Philadelphia, making it a pivotal institution for nurturing their spiritual and communal life. Its commitment to service and community building continues to have a lasting impact on the cultural landscape of the university.
This information is meant to be a general summary of Lubavitch House At Penn 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 2023.
- Program Service Revenue: $99,391
- Gross Receipts: $167,524
Assets and Liabilities:
- Total Assets: $3,721,635
- Total Liabilities: $1,590,764
- Net Assets: $2,130,871
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$99,391
Organization Details
Founding Year
2005
Principal Officer
Rabbi Ephraim Levin
NTEE Category
Code: P19 - Human services
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