Overview
What is Carty Heights?
Carty Heights is a nonprofit organization situated in Saint Paul, Minnesota. Their primary focus is providing affordable housing for low-income elderly individuals, operating a 50-unit apartment complex in the area. The mission of Carty Heights is multifaceted, aiming to enhance the quality of life for senior adults. They achieve this by offering homes that cater to their physical, social, and spiritual needs. Beyond just housing, the organization also aims to support each individual's well-being, making Carty Heights more than just a place to live but a community that cares for its senior residents.
Official website here: www.ehomesmn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Carty Heights has achieved an impressive Four-Star rating from Charity Navigator, reflecting exceptional accountability and financial health. The overall score is derived solely from its performance in the Accountability & Finance beacon, where it excelled in all evaluated areas, indicating a strong commitment to transparent and responsible management of resources.
The organization stands out for its governance structure, showcasing a fully independent board comprised of 19 members. This governance model contributes to its robust oversight and decision-making processes. Notably, Carty Heights demonstrates a high program expense ratio of 89.16%, indicating that the majority of its funds are directed towards its mission-driven programs rather than administrative costs.
While the data reflects strong financial practices and governance, the summary does not highlight any potential limitations or areas for improvement. Overall, Carty Heights appears to be a well-managed nonprofit dedicated to its cause, with a solid foundation of accountability and effectiveness in resource allocation.
This AI summary has been generated from information found on Charity Navigator.
Is Carty Heights legitimate?
Carty Heights is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carty Heights 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: $52,121
For more financial information, click here
Official website here: www.ehomesmn.org
What is the mission statement of Carty Heights?
The mission of Carty Heights is centered around enhancing the quality of life for senior adults. This is achieved by offering housing and services that cater to their physical, social, and spiritual needs. The organization operates a 50-unit apartment complex, providing rental housing specifically for low-income elderly individuals. By fulfilling these needs, Carty Heights aims to support each senior adult in leading a fulfilling life.
Official website here: www.ehomesmn.org
Who is the CEO of Carty Heights?
Marvin Plakut is the President/Ceo of Carty Heights. The CEO's salary of Carty Heights is $0 and their total compensation is $340,653.
Official website here: www.ehomesmn.org
What is the revenue of Carty Heights?
Carty Heights's revenue in 2022 was $485,822.
Official website here: www.ehomesmn.org
Who are the executives of Carty Heights and what are their salaries?
There 25 volunteers at Carty Heights.
Here are 26 key members and their salaries (Carty Heights's CEO's salary is $0 and their total compensation is $340,653):
- Compensation: $0
- Related: $326,339
- Other: $14,314
- Compensation: $0
- Related: $195,260
- Other: $27,908
- Compensation: $0
- Related: $150,647
- Other: $28,252
- Compensation: $0
- Related: $146,530
- Other: $10,338
- Compensation: $0
- Related: $105,489
- Other: $16,920
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ehomesmn.org
Where can I find the form 990 for Carty Heights?
Carty Heights's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ehomesmn.org
Learn more at the official website: www.ehomesmn.org
Mission Statement of Carty Heights
Carty Heights, a nonprofit organization, is dedicated to enhancing the quality of life for senior adults. Its mission is to provide homes and services that cater to the physical, social, and spiritual needs of each low-income elderly individual. By operating a 50-unit apartment complex, Carty Heights creates a supportive environment where elderly individuals can reside comfortably, addressing their unique needs and fostering a sense of community. The organization's mission is rooted in the belief that every senior adult deserves a high-quality living situation that enriches their overall well-being.
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Impact
July, 2024
Carty Heights's impact is significant in providing affordable rental housing to low-income elderly individuals in St. Paul, Minnesota. By operating a 50-unit apartment complex, Carty Heights directly contributes to enhancing the quality of life for senior adults by addressing their physical, social, and spiritual needs. The organization's focus on housing for this demographic helps promote independent living and community support among seniors who may struggle to afford suitable accommodations otherwise. Through its mission-driven approach, Carty Heights plays a crucial role in improving the well-being and stability of low-income elderly residents in the city.
This information is meant to be a general summary of Carty Heights. 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: $198
- Program Service Revenue: $482,088
- Gross Receipts: $485,822
Assets and Liabilities:
- Total Assets: $3,615,610
- Total Liabilities: $75,476
- Net Assets: $3,540,134
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$482,088
Organization Details
Founding Year
2006
Phone
(651) 288-1142Principal Officer
Marvin Plakut
Main Address
412 DUNLAP STREET N, SAINT PAUL, MN, 55104
Website
www.ehomesmn.orgNTEE Category
Code: L22 - Housing
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