Overview
What is St Marthas Senior Housing Corp?
St. Martha's Senior Housing Corp, also known as The Village of St. Martha's, is a nonprofit organization situated in Detroit, Michigan. With a modest workforce of four employees, this organization is dedicated to serving the needs of low-income senior adults. By providing housing and essential services, St. Martha's Senior Housing Corp aims to enhance the quality of life for this specific demographic. Whether through direct support or facilitating access to necessary resources, the organization's mission is to empower senior adults in Detroit, MI.
Official website here: www.pvm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
St. Martha's Senior Housing Corp has received a two-star rating from Charity Navigator, indicating that the organization requires improvement in certain areas. The overall score of 69% reflects strong accountability in some aspects, particularly with a fully independent board and effective audit and oversight practices. The organization demonstrates a commendable program expense ratio of 77.02%, suggesting that a significant portion of its funds is directed towards its mission.
However, the rating highlights several critical areas where St. Martha's Senior Housing Corp falls short. The absence of essential policies, such as a conflict of interest policy, whistleblower policy, and document retention policy, raises concerns about governance and transparency. Additionally, the organization's liabilities exceed its assets, resulting in a concerning liabilities to assets ratio of 135.06%, indicating potential financial stability issues.
While the nonprofit appears dedicated to its mission, the missing governance policies and financial concerns may hinder its operational effectiveness and public trust. Addressing these weaknesses would be crucial for enhancing the organization's overall impact and credibility in the community.
This AI summary has been generated from information found on Charity Navigator.
Is St Marthas Senior Housing Corp legitimate?
St Marthas Senior Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Marthas Senior Housing Corp 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: $61,149
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,169
For more financial information, click here
Official website here: www.pvm.org
What is the mission statement of St Marthas Senior Housing Corp?
St. Martha's Senior Housing Corp is committed to a mission that involves providing housing and essential services to senior adults who are financially disadvantaged. Their primary objective is to ensure that these individuals have access to appropriate housing and necessary support, thereby enhancing their quality of life. The corporation's activities are centered around this mission, aiming to create an environment that caters to the unique needs of low-income senior adults. By providing these essential services, St. Martha's Senior Housing Corp aims to contribute positively to the well-being and independence of this vulnerable population.
Official website here: www.pvm.org
Who is the CEO of St Marthas Senior Housing Corp?
E Kern Tomlin is the Administrator of St Marthas Senior Housing Corp.
Official website here: www.pvm.org
What is the revenue of St Marthas Senior Housing Corp?
St Marthas Senior Housing Corp's revenue in 2022 was $478,892.
Official website here: www.pvm.org
Who are the executives of St Marthas Senior Housing Corp and what are their salaries?
The average compensation at St Marthas Senior Housing Corp during 2022 was $23,580. There are 4 employees and 20 volunteers at St Marthas Senior Housing Corp.
Here are 15 key members and their salaries:
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Official website here: www.pvm.org
Where can I find the form 990 for St Marthas Senior Housing Corp?
St Marthas Senior Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pvm.org
Learn more at the official website: www.pvm.org
Mission Statement of St Marthas Senior Housing Corp
St. Martha's Senior Housing Corp is committed to providing housing and essential services to low-income senior adults. Their mission is to ensure that these elderly individuals have access to a safe and supportive living environment, enabling them to maintain their independence and dignity. The organization's primary objective is to cater to the unique needs of senior adults, offering them the necessary resources to lead fulfilling lives. By providing housing and services, St. Martha's Senior Housing Corp seeks to enhance the quality of life for low-income seniors, fostering a sense of community and empowerment.
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Impact
July, 2024
St. Martha's Senior Housing Corp's impact is significant in providing housing and services to low-income senior adults in Detroit, Michigan. Their mission to ensure that seniors have access to affordable housing and necessary services is crucial in enhancing the quality of life for this vulnerable population. Through their efforts, St. Martha's Senior Housing Corp helps to address issues of housing insecurity and improve the overall well-being of low-income senior adults in the community.
This information is meant to be a general summary of St Marthas Senior Housing Corp. 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: $19
- Program Service Revenue: $457,912
- Gross Receipts: $478,892
Assets and Liabilities:
- Total Assets: $4,058,410
- Total Liabilities: $5,228,062
- Net Assets: -$1,169,652
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
apartment rent
Revenue
$457,912
Organization Details
Founding Year
2007
Phone
(313) 582-8088Principal Officer
E Kern Tomlin
Main Address
15875 Joy Rd, Detroit, MI, 48228
Website
www.pvm.orgNTEE Category
Code: L220 - Housing
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