Overview
What is Depaul Properties Inc?
Depaul Properties Inc is a nonprofit organization headquartered at 1931 Buffalo Road in Rochester, New York. Their primary mission involves purchasing, leasing, rehabilitating, and managing real estate properties for affiliated organizations that provide residential care, custody, and treatment services to individuals dealing with mental illness. With a workforce of 91 employees, Depaul Properties Inc plays a crucial role in ensuring these organizations have suitable facilities to carry out their essential missions.
Official website here: www.depaul.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Depaul Properties Inc has achieved an impressive rating of 96% on Charity Navigator, reflecting strong performance in accountability and finance. The high score indicates a well-managed organization with robust financial practices, including a solid program expense ratio of 78.08%, ensuring that a significant portion of resources is directed towards its mission.
The organization benefits from a majority independent board, comprising 95% independent members, which enhances transparency and governance. Additionally, it has received full marks for its audit and oversight committee, conflict of interest policy, and whistleblower policy, demonstrating a commitment to ethical operations and accountability.
While the ratings highlight many organizational strengths, ongoing monitoring of financial health and program effectiveness will be crucial for sustained performance. Overall, Depaul Properties Inc appears to be a reputable nonprofit with effective governance and a clear dedication to its objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Depaul Properties Inc legitimate?
Depaul Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Depaul Properties 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: $554,489
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,568,431
For more financial information, click here
Official website here: www.depaul.org
What is the mission statement of Depaul Properties Inc?
Depaul Properties Inc is dedicated to acquiring, renting, refurbishing, and administrating real estate primarily utilized by affiliated organizations that provide residential care, custody, and treatment for individuals dealing with mental illness. Their mission revolves around facilitating the operations of these organizations, ensuring they have suitable facilities to carry out their vital work in the mental health sector. Through their real estate management efforts, Depaul Properties Inc contributes to the larger goal of supporting and improving the living conditions and overall well-being of individuals under their care.
Official website here: www.depaul.org
Who is the CEO of Depaul Properties Inc?
Kelly Thompson is the President of Depaul Properties Inc.
Official website here: www.depaul.org
What is the revenue of Depaul Properties Inc?
Depaul Properties Inc's revenue in 2022 was $15,878,650.
Official website here: www.depaul.org
Who are the executives of Depaul Properties Inc and what are their salaries?
The average compensation at Depaul Properties Inc during 2022 was $45,307. There are 91 employees and 24 volunteers at Depaul Properties Inc.
Here are 28 key members and their salaries:
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Official website here: www.depaul.org
Where can I find the form 990 for Depaul Properties Inc?
Depaul Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.depaul.org
Learn more at the official website: www.depaul.org
Mission Statement of Depaul Properties Inc
Depaul Properties Inc, a dedicated organization, is committed to purchasing, leasing, rehabilitating, and managing real estate primarily used by affiliated organizations involved in the residential care, custody, and treatment of individuals with mental illness. By providing suitable living spaces, Depaul Properties enables these affiliated organizations to focus on delivering essential services to those in need.
Through its mission, Depaul Properties plays a crucial role in the housing sector for mental health care institutions. It acquires, manages, and renovates properties specifically designed for the residential care of individuals with mental illness, ensuring that the affiliated organizations have reliable and comfortable facilities to carry out their critical work. The organization's involvement in the real estate sector helps create an enabling environment for these mental health organizations to thrive and make a difference in the lives of countless individuals.
By managing the properties, Depaul Properties not only supports the day-to-day operations of its affiliated organizations but also ensures that the living conditions are conducive to the recovery and wellbeing of the residents. The organization's efforts in the real estate sector ultimately contribute to the overall success of the mental health care organizations and, in turn, the positive impact they have on the lives of individuals with mental illness.
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Impact
October, 2024
Depaul Properties Inc plays a crucial role in enhancing the quality of life for individuals with mental illness by providing stable and suitable housing solutions. By purchasing, leasing, rehabilitating, and managing real properties, the organization ensures that affiliated organizations can offer effective residential care, custody, and treatment. This work not only addresses the immediate housing needs of vulnerable populations in Rochester, NY, but also supports holistic care approaches that integrate stable living environments with mental health services.
The organization’s initiatives contribute to reducing homelessness and improving the overall well-being of individuals facing mental health challenges. The availability of well-maintained and appropriate housing is vital in fostering recovery and providing a sense of community for residents. Ultimately, Depaul Properties Inc significantly impacts the local landscape by promoting healthier living conditions and facilitating access to essential support services for those in need.
This information is meant to be a general summary of Depaul Properties 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: $174,002
- Program Service Revenue: $14,726,454
- Gross Receipts: $15,878,650
Assets and Liabilities:
- Total Assets: $67,955,889
- Total Liabilities: $33,319,713
- Net Assets: $34,636,176
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income- affiliates
Revenue
$1,638,757
Rental Income- other
Revenue
$133,138
New York State OMH
Revenue
$1,733,526
Developer fees
Revenue
$11,221,033
Organization Details
Founding Year
1981
Phone
(585) 426-8000Principal Officer
Kelly Thompson
Main Address
1931 Buffalo Road, Rochester, NY, 146241535
Website
www.depaul.orgNTEE Category
Code: L250 - Housing
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