Overview
What is St Andrew's Ascension Senior Housing Estl Inc?
St. Andrew's Ascension Senior Housing Estl Inc is a dedicated nonprofit organization in the United States, with a mission to provide low-income housing opportunities for elderly and disabled individuals. This mission is made possible through the utilization of funds from a capital advance under section 202 of the Housing act of 1959, as amended. The organization, which operates as a nonprofit corporation, is committed to fulfilling this crucial role in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
St Andrew's Ascension Senior Housing Estl Inc has received a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and finance management. The overall score is driven exclusively by accountability metrics, which suggests a strong focus on maintaining transparent and responsible financial practices.
The organization excels in several areas of governance, achieving full scores for independent board membership and the implementation of essential policies such as conflict of interest and whistleblower protections. Additionally, it boasts an impressive program expense ratio of 80.44%, indicating that a substantial portion of its resources is directed towards its mission-related activities.
However, the organization faces a significant challenge with a liabilities to assets ratio of 122.14%, which suggests a potential financial vulnerability. This aspect may raise concerns among stakeholders about the sustainability and long-term financial health of the organization, despite its commendable governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is St Andrew's Ascension Senior Housing Estl Inc legitimate?
St Andrew's Ascension Senior Housing Estl Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Andrew's Ascension Senior Housing Estl 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: $42,095
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What is the mission statement of St Andrew's Ascension Senior Housing Estl Inc?
St. Andrew's Ascension Senior Housing Estl Inc is a nonprofit organization that is committed to providing low-income housing for elderly and disabled individuals. They achieve this mission by utilizing funds from a capital advance under section 202 of the Housing act of 1959, as amended. The corporation is dedicated to fulfilling this mission, aiming to offer a safe and affordable living environment for those in need. They strive to support the well-being and independence of their residents, ensuring they have access to necessary amenities and resources.
Who is the CEO of St Andrew's Ascension Senior Housing Estl Inc?
Joseph Girardi is the Director of St Andrew's Ascension Senior Housing Estl Inc.
What is the revenue of St Andrew's Ascension Senior Housing Estl Inc?
St Andrew's Ascension Senior Housing Estl Inc's revenue in 2022 was $556,557.
Who are the executives of St Andrew's Ascension Senior Housing Estl Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for St Andrew's Ascension Senior Housing Estl Inc?
St Andrew's Ascension Senior Housing Estl Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Andrew's Ascension Senior Housing Estl Inc
St. Andrew's Ascension Senior Housing Estl Inc, a nonprofit corporation, is committed to providing low-income housing for elderly and disabled individuals. They accomplish this mission by leveraging funds obtained through a capital advance under section 202 of the Housing Act of 1959, as amended. This dedicated organization is dedicated to fulfilling this crucial mission, providing a safe and affordable living environment for those in need.
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Impact
July, 2024
St. Andrew's Ascension Senior Housing Estl Inc's impact lies in providing essential low-income housing for elderly and disabled individuals in East Saint Louis, IL. By utilizing funds from a capital advance under section 202 of the Housing Act of 1959, the organization fulfills its mission to offer a safe and affordable living environment for vulnerable members of the community. This initiative directly addresses the pressing need for accessible housing options, contributing to the well-being and quality of life of its residents.
This information is meant to be a general summary of St Andrew's Ascension Senior Housing Estl 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: $428
- Program Service Revenue: $553,948
- Gross Receipts: $556,557
Assets and Liabilities:
- Total Assets: $4,929,364
- Total Liabilities: $6,021,069
- Net Assets: -$1,091,705
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYMENTS
Revenue
$408,451
TENANT RENT PAYMENTS
Revenue
$145,497
Organization Details
Founding Year
2010
Phone
(314) 726-0111Principal Officer
Joseph Girardi
Main Address
1530 BOND AVE, EAST SAINT LOUIS, IL, 62207
NTEE Category
Code: L21 - Housing
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