Overview
What is Harry And Jeanette Weinberg Village Iii?
Harry And Jeanette Weinberg Village III is a nonprofit organization situated in Baltimore, Maryland, specifically at 5800 Park Heights Avenue. Their primary mission is to provide affordable housing for the elderly, adhering to Section 202 of the National Housing Act. This project encompasses 100 units, catering specifically to the elderly population. Their goal is to offer a comfortable living space for this demographic, thereby contributing positively to the community.
Official website here: www.weinbergseniorliving.net
What are the reviews and ratings of this charity?
96% rating from Charity Navigator indicates that Harry And Jeanette Weinberg Village III has achieved a Four-Star out of Four Star rating, reflecting its strong commitment to accountability and financial health. This high score is entirely based on its performance in the Accountability & Finance category, showcasing the organization's dedication to transparency and responsible management of funds.
The organization excels in several areas, with an independent board consisting entirely of 12 members and comprehensive financial oversight practices, including a fully operational Audit and Oversight Committee. The charity has demonstrated effective governance, with policies in place to manage conflicts of interest, whistleblower protections, and document retention. Notable is the high program expense ratio of 95.41%, indicating that the vast majority of its resources are directed towards its mission-driven programs.
While the organization has received high marks across various performance metrics, there are no significant limitations reported in the data. The absence of material diversion of assets and a favorable liabilities to assets ratio further emphasize its sound financial practices. Overall, Harry And Jeanette Weinberg Village III appears to be a well-managed nonprofit focused on maximizing its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Harry And Jeanette Weinberg Village Iii legitimate?
Harry And Jeanette Weinberg Village Iii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harry And Jeanette Weinberg Village Iii 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
Official website here: www.weinbergseniorliving.net
What is the mission statement of Harry And Jeanette Weinberg Village Iii?
Harry And Jeanette Weinberg Village III is committed to providing affordable housing for the elderly. This is achieved through the operation of a rental housing facility, in accordance with Section 202 of the National Housing Act. The mission of this facility is to offer a suitable living space for the elderly, ensuring they have a place to call home. The project, consisting of 100 units, is dedicated to providing a comfortable and affordable living environment for this specific age group.
Official website here: www.weinbergseniorliving.net
Who is the CEO of Harry And Jeanette Weinberg Village Iii?
Howard Sobkov is the President of Harry And Jeanette Weinberg Village Iii.
Official website here: www.weinbergseniorliving.net
What is the revenue of Harry And Jeanette Weinberg Village Iii?
Harry And Jeanette Weinberg Village Iii's revenue in 2022 was $754,450.
Official website here: www.weinbergseniorliving.net
Who are the executives of Harry And Jeanette Weinberg Village Iii and what are their salaries?
Here are 15 key members and their salaries:
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- Related: $224,181
- Other: $3,037
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- Related: $138,794
- Other: $770
- Compensation: $0
- Related: $211,513
- Other: $21,891
- Compensation: $0
- Related: $138,794
- Other: $7,993
Official website here: www.weinbergseniorliving.net
Where can I find the form 990 for Harry And Jeanette Weinberg Village Iii?
Harry And Jeanette Weinberg Village Iii's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.weinbergseniorliving.net
Learn more at the official website: www.weinbergseniorliving.net
Mission Statement of Harry And Jeanette Weinberg Village Iii
Harry And Jeanette Weinberg Village III is a nonprofit organization dedicated to providing affordable housing for the elderly. Its mission, as stated under Section 202 of the National Housing Act, is to offer a rental housing facility specifically for the elderly. The organization has successfully achieved this by establishing a project consisting of 100 units, providing a secure and affordable living space for the elderly population.
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Impact
October, 2024
Harry And Jeanette Weinberg Village III significantly impacts the community by offering affordable housing options specifically designed for the elderly population in Baltimore, MD. By providing 100 rental units under Section 202 of the National Housing Act, it addresses the critical need for accessible and affordable housing for seniors. This initiative not only enhances the quality of life for its residents but also fosters a sense of community and stability among elderly individuals who may otherwise struggle to find suitable living arrangements. The availability of such housing options contributes to the overall well-being and independence of older adults, allowing them to maintain their dignity while ensuring they have a safe and secure environment to live in.
This information is meant to be a general summary of Harry And Jeanette Weinberg Village Iii. 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: $413
- Program Service Revenue: $743,319
- Gross Receipts: $754,450
Assets and Liabilities:
- Total Assets: $8,056,053
- Total Liabilities: $137,879
- Net Assets: $7,918,174
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$736,901
TENANT CHARGES
Revenue
$3,708
LAUNDRY AND VENDING
Revenue
$2,710
Organization Details
Founding Year
2006
Phone
(410) 500-5312Principal Officer
Howard Sobkov
Main Address
5809 PARK HEIGHTS AVE, BALTIMORE, MD, 21215
Website
www.weinbergseniorliving.netNTEE Category
Code: L20 - Housing
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