Overview
What is Mantua Presbyterian Apartments Inc?
Mantua Presbyterian Apartments Inc is a nonprofit organization situated in Lafayette Hill, Pennsylvania. Their primary focus is to manage and maintain an affordable housing complex, specifically a 65-unit apartment building, catering to elderly and physically disabled individuals. The organization provides essential support services and organizes recreational activities to foster increased socialization and enrichment among the residents, creating a positive and welcoming environment. With a staff of 5 employees, Mantua Presbyterian Apartments Inc operates this project in Philadelphia, PA, in line with their core belief that everyone deserves the opportunity to live with enthusiasm, confidence, and security, regardless of their physical, social, or economic circumstances.
Official website here: www.humangood.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Mantua Presbyterian Apartments Inc has received a score of 81%, which translates to a Three-Star rating on Charity Navigator. This score is derived entirely from its Accountability & Finance metrics, indicating a strong emphasis on financial responsibility and governance practices within the organization.
The organization demonstrates a solid commitment to financial integrity, achieving full points in key areas such as material diversion of assets and the existence of a whistleblower policy. Additionally, the board's structure is commendable, with 55% independent members, which enhances oversight and accountability. Their program expense ratio is notably high at 94.25%, reflecting a strong focus on utilizing funds directly for their mission.
While the overall rating is favorable, it's important for potential donors and stakeholders to consider that the score is solely based on financial metrics. There may be limited insights into the organization's programmatic effectiveness or community impact, which are also crucial aspects of evaluating a nonprofit's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Mantua Presbyterian Apartments Inc legitimate?
Mantua Presbyterian Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mantua Presbyterian 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: $153,747
For more financial information, click here
Official website here: www.humangood.org
What is the mission statement of Mantua Presbyterian Apartments Inc?
Mantua Presbyterian Apartments Inc, as part of HumanGood, believes in providing an opportunity for everyone, regardless of physical, social, or economic circumstances, to live with enthusiasm, confidence, and security. Their mission extends to everyone, including those seeking housing. The organization operates and maintains an affordable housing project, specifically a 65-unit apartment building for the elderly and physically disabled. They offer support services and recreational activities within this community, encouraging increased socialization and enrichment for all residents in a positive and welcoming environment. The majority of the units, 65 out of 66, are available for residents to call home.
Official website here: www.humangood.org
Who is the CEO of Mantua Presbyterian Apartments Inc?
John H Cochrane Iii is the President/Chief Executive Officer of Mantua Presbyterian Apartments Inc. The CEO's salary of Mantua Presbyterian Apartments Inc is $0 and their total compensation is $459,828.
Official website here: www.humangood.org
What is the revenue of Mantua Presbyterian Apartments Inc?
Mantua Presbyterian Apartments Inc's revenue in 2022 was $747,420.
Official website here: www.humangood.org
Who are the executives of Mantua Presbyterian Apartments Inc and what are their salaries?
The average compensation at Mantua Presbyterian Apartments Inc during 2022 was $30,749. There are 5 employees and 5 volunteers at Mantua Presbyterian Apartments Inc.
Here are 19 key members and their salaries (Mantua Presbyterian Apartments Inc's CEO's salary is $0 and their total compensation is $459,828):
- Compensation: $0
- Related: $73,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,032,339
- Other: $39,055
- Compensation: $0
- Related: $786,516
- Other: $43,528
- Compensation: $0
- Related: $552,085
- Other: $38,623
- Compensation: $0
- Related: $472,179
- Other: $16,199
- Compensation: $0
- Related: $434,627
- Other: $38,817
- Compensation: $0
- Related: $416,003
- Other: $43,825
- Compensation: $0
- Related: $263,168
- Other: $13,804
- Compensation: $0
- Related: $206,162
- Other: $33,272
- Compensation: $0
- Related: $242,424
- Other: $0
Official website here: www.humangood.org
Where can I find the form 990 for Mantua Presbyterian Apartments Inc?
Mantua Presbyterian Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.humangood.org
Learn more at the official website: www.humangood.org
Mission Statement of Mantua Presbyterian Apartments Inc
Mantua Presbyterian Apartments Inc, an organization dedicated to providing affordable housing, believes that every individual deserves to live with enthusiasm, confidence, and security, regardless of their physical, social, or economic circumstances. This belief is at the core of their mission. They operate a 66-unit affordable housing project, with 65 units specifically designed for the elderly and physically disabled residents. The organization goes beyond providing shelter, offering support services and recreational activities. These initiatives aim to facilitate increased socialization and enrichment for all residents, creating a positive and welcoming environment. Mantua Presbyterian Apartments Inc is committed to enhancing the lives of its residents, ensuring that they can live with dignity and comfort, regardless of their circumstances.
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Impact
October, 2024
Mantua Presbyterian Apartments Inc plays a vital role in providing affordable housing in Philadelphia, PA, specifically tailored for elderly and physically disabled individuals. Operating a 66-unit apartment building, the organization ensures that 65 of these units are accessible to residents, fostering a supportive community that emphasizes dignity and inclusion.
The organization not only offers safe and stable housing but also promotes an enriching environment through various support services and recreational activities. These initiatives are designed to enhance socialization among residents, combating feelings of isolation and enhancing overall well-being. By creating a positive and welcoming atmosphere, Mantua Presbyterian Apartments Inc contributes significantly to the quality of life for its residents, enabling them to live with enthusiasm and confidence.
The focus on community and enrichment aligns with a broader mission of ensuring that everyone, regardless of their circumstances, has the opportunity to thrive and maintain their independence while receiving the support they need. This creates a ripple effect, strengthening the social fabric of the area and emphasizing the importance of accessible housing for vulnerable populations.
This information is meant to be a general summary of Mantua Presbyterian 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $63
- Program Service Revenue: $281,418
- Gross Receipts: $747,420
Assets and Liabilities:
- Total Assets: $5,775,394
- Total Liabilities: $10,560,918
- Net Assets: -$4,785,524
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$281,418
Organization Details
Founding Year
2006
Phone
(610) 834-1001Principal Officer
John H Cochrane Iii
Main Address
2000 JOSHUA ROAD, LAFAYETTE HILL, PA, 19444
Website
www.humangood.orgNTEE Category
Code: L21 - Housing
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