Overview
What is East House Properties Inc?
East House Properties Inc, based in Rochester, New York, is a company that specializes in the acquisition and renovation of real estate properties. Their primary goal is to lease these properties to nonprofit organizations that offer recovery services for individuals battling mental illness and substance abuse issues. By doing so, they contribute to the provision of essential support services within the community, ultimately aiding individuals on their journey towards recovery.
Official website here: www.easthouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
East House Properties Inc has achieved an impressive 97% rating from Charity Navigator, which reflects its strong commitment to accountability and financial transparency. The rating is derived from a comprehensive assessment in which the organization scored perfectly in several key areas, such as having a majority independent board and no material diversion of assets, indicating a well-governed organization.
The organization demonstrates a high level of financial health with a program expense ratio of 88.36%, meaning a significant portion of its funds are directed towards its mission. Additionally, it has robust policies in place, including conflict of interest and whistleblower policies, which further enhance its credibility and operational integrity.
While the data highlights the strengths of East House Properties Inc in financial management and governance, there are no noted limitations, which suggests that it operates effectively within its guidelines and serves its mission well. Overall, the high rating showcases the organization’s dedication to transparency and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about East House Properties Inc?
It seems that East House Properties Inc has yet to accumulate a significant number of reviews, with only three current entries. However, among the limited feedback available, there is a clear positive sentiment towards the nonprofit.
One review simply states "Thank You," which suggests a level of satisfaction with the services provided. Though the quantity is small, the recommendation indicates that at least some users feel positively about their experiences with the organization.
Overall, the early feedback points to a positive impression, with users expressing gratitude and support for what East House Properties Inc offers. As more reviews come in, it will be interesting to see how this sentiment evolves.
This AI summary has been generated from reviews found on Facebook.
Is East House Properties Inc legitimate?
East House Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East House 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.easthouse.org
What is the mission statement of East House Properties Inc?
East House Properties Inc's mission is centered around the acquisition and renovation of real property. Their primary goal is to lease these properties to not-for-profit corporations that offer recovery services for individuals struggling with mental illness and chemical dependence. By providing suitable living spaces, East House Properties Inc aims to support the vital work these organizations undertake, contributing to the overall wellbeing and recovery of those in need. The company's activities are focused on the city of Rochester, with the intention of making a difference in the lives of those seeking recovery.
Official website here: www.easthouse.org
Who is the CEO of East House Properties Inc?
Lindsay Gozzi-Theobald is the President & Ceo Through May 2022 of East House Properties Inc. The CEO's salary of East House Properties Inc is $0 and their total compensation is $112,359.
Official website here: www.easthouse.org
What is the revenue of East House Properties Inc?
East House Properties Inc's revenue in 2022 was $198,436.
Official website here: www.easthouse.org
Who are the executives of East House Properties Inc and what are their salaries?
There 17 volunteers at East House Properties Inc.
Here are 20 key members and their salaries (East House Properties Inc's CEO's salary is $0 and their total compensation is $112,359):
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- Related: $182,991
- Other: $32,962
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- Related: $108,688
- Other: $3,671
- Compensation: $0
- Related: $106,164
- Other: $19,753
Official website here: www.easthouse.org
Where can I find the form 990 for East House Properties Inc?
East House Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.easthouse.org
Learn more at the official website: www.easthouse.org
Mission Statement of East House Properties Inc
East House Properties Inc is an organization that is committed to a specific mission. It engages in the acquisition and renovation of real property primarily in the city of Rochester, with a purposeful intention. This nonprofit leases the renovated properties to not-for-profit corporations that provide essential services for individuals recovering from mental illness and/or chemical dependence. By undertaking this mission, East House Properties Inc plays a crucial role in supporting these organizations, enabling them to offer much-needed assistance to individuals in their journey towards recovery. The nonprofit's mission is a testament to its dedication to improving the lives of those in need, providing them with a conducive environment to overcome their challenges and begin anew.
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Impact
October, 2024
East House Properties Inc has a significant impact on the community of Rochester, NY by enhancing access to supportive housing for individuals recovering from mental illness and chemical dependence. By acquiring and renovating real estate, the organization addresses the critical need for safe and affordable housing options specifically tailored for individuals in recovery.
The properties leased to nonprofit corporations not only provide shelter but also create environments conducive to healing and personal growth. This initiative plays a vital role in promoting mental health and well-being, as stable housing is a key component of successful recovery. In addition, by working with nonprofit service providers, East House Properties Inc helps to strengthen the overall support network for vulnerable populations, fostering a collaborative approach to mental health and recovery efforts in the region. Through its commitment to improving housing accessibility, East House Properties Inc directly contributes to the empowerment and reintegration of individuals into the community.
This information is meant to be a general summary of East House 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: $11,708
- Program Service Revenue: $186,728
- Gross Receipts: $198,436
Assets and Liabilities:
- Total Assets: $1,790,210
- Total Liabilities: $222,875
- Net Assets: $1,567,335
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME FROM COR
Revenue
$186,728
Organization Details
Founding Year
1982
Phone
(585) 238-4800Principal Officer
Lindsay Gozzi-Theobald
Main Address
259 MONROE AVENUE, ROCHESTER, NY, 14607
Website
www.easthouse.orgNTEE Category
Code: L00 - Housing
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