Overview
What is Philadelphia Presbytery Apartments Of Morrisville Inc?
Philadelphia Presbytery Apartments Of Morrisville Inc is a nonprofit organization situated in Lafayette Hill, Pennsylvania. With a focus on supporting the elderly and physically disabled, they operate and maintain a 100-unit affordable housing apartment building located in Morrisville, PA. The organization provides essential services and recreational activities to enhance socialization and enrichment for its residents, with 99 of the units available for occupancy. Their mission is rooted in the belief that everyone deserves to live with enthusiasm, confidence, and security, regardless of physical, social, or economic circumstances. With a small team of five individuals, they work diligently to create a positive and welcoming environment for their residents.
Official website here: www.humangood.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Stars
Philadelphia Presbytery Apartments of Morrisville Inc has received an 81% rating from Charity Navigator, reflecting a solid level of accountability and financial management. The rating is based entirely on the Accountability & Finance beacon, where the organization excelled in several areas, including having a majority of independent board members and maintaining robust financial oversight.
The organization's strengths lie in its governance and operational transparency, with high scores in independent board membership and the presence of essential policies, such as conflict of interest and whistleblower policies. Notably, it directs a significant portion of its expenses (93.07%) towards programs, indicating a strong commitment to its mission.
However, the organization did face a limitation with a liabilities to assets ratio of 116.02%, which may raise concerns about its financial sustainability. Despite this, the overall positive evaluation from Charity Navigator highlights a well-managed nonprofit that prioritizes accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Philadelphia Presbytery Apartments Of Morrisville Inc legitimate?
Philadelphia Presbytery Apartments Of Morrisville Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philadelphia Presbytery Apartments Of Morrisville 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: $206,490
For more financial information, click here
Official website here: www.humangood.org
What is the mission statement of Philadelphia Presbytery Apartments Of Morrisville Inc?
Philadelphia Presbytery Apartments of Morrisville Inc, as per their mission statement at Humangood, aims to provide an opportunity for everyone, regardless of physical, social, or economic circumstances, to live with enthusiasm, confidence, and security. Their belief is inclusive, encompassing everyone, including the residents of their 100-unit affordable housing community.
The organization operates and maintains a 100-unit apartment building, offering housing to the elderly and physically disabled. Beyond providing a place to live, they offer support services and recreational activities to foster increased socialization and enrichment for all residents. This is done in a positive and welcoming environment, with 99 out of the 100 units available for residential use.
Official website here: www.humangood.org
Who is the CEO of Philadelphia Presbytery Apartments Of Morrisville Inc?
John H Cochrane Iii is the CEO of Philadelphia Presbytery Apartments Of Morrisville Inc The CEO's salary of Philadelphia Presbytery Apartments Of Morrisville Inc is $0 and their total compensation is $1,137,774.
Official website here: www.humangood.org
What is the revenue of Philadelphia Presbytery Apartments Of Morrisville Inc?
Philadelphia Presbytery Apartments Of Morrisville Inc's revenue in 2023 was $1,703,086.
Official website here: www.humangood.org
Who are the executives of Philadelphia Presbytery Apartments Of Morrisville Inc and what are their salaries?
The average compensation at Philadelphia Presbytery Apartments Of Morrisville Inc during 2023 was $68,830. There are 3 employees and 7 volunteers at Philadelphia Presbytery Apartments Of Morrisville Inc.
Here are 15 key members and their salaries (Philadelphia Presbytery Apartments Of Morrisville Inc's CEO's salary is $0 and their total compensation is $1,137,774):
- 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: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $1,097,391
- Other: $40,383
- Compensation: $0
- Related: $853,732
- Other: $41,587
- Compensation: $0
- Related: $611,176
- Other: $40,715
- Compensation: $0
- Related: $545,496
- Other: $15,193
- Compensation: $0
- Related: $296,559
- Other: $38,036
- Compensation: $0
- Related: $227,297
- Other: $1,975
- Compensation: $0
- Related: $110,080
- Other: $0
- Compensation: $0
- Related: $410,826
- Other: $47,857
Official website here: www.humangood.org
Where can I find the form 990 for Philadelphia Presbytery Apartments Of Morrisville Inc?
Philadelphia Presbytery Apartments Of Morrisville Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.humangood.org
Learn more at the official website: www.humangood.org
Mission Statement of Philadelphia Presbytery Apartments Of Morrisville Inc
Philadelphia Presbytery Apartments Of Morrisville Inc, as an organization, is committed to the belief that everyone deserves to live with enthusiasm, confidence, and security, regardless of their physical, social, or economic circumstances. This mission statement is at the heart of their operations, extending to the elderly and physically disabled residents of their 100-unit affordable housing community.
The organization operates and maintains this apartment building, offering more than just a place to live. They provide support services and recreational activities to foster increased socialization and enrichment for their residents. This creates a positive and welcoming environment for all, ensuring that 99 out of the 100 units are available for residence. Through these efforts, Philadelphia Presbytery Apartments Of Morrisville Inc strives to contribute to the well-being and quality of life of its residents, aligning with their mission to support individuals in need, regardless of their circumstances.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Philadelphia Presbytery Apartments Of Morrisville Inc significantly impacts the community by providing a stable and affordable housing solution for elderly and physically disabled residents. By owning and operating a 100-unit apartment complex in Morrisville, PA, the organization ensures that these vulnerable populations have access to a safe and supportive living environment.
The apartments not only offer essential housing but also prioritize the well-being of their residents through dedicated support services and recreational activities. This focus on engagement fosters increased socialization and enrichment, helping to combat loneliness and isolation often faced by elderly individuals. By creating a positive and welcoming atmosphere, the organization enhances the quality of life for its residents, allowing them to live with enthusiasm, confidence, and security.
With 99 of the 100 units available for residents, the impact extends beyond just providing shelter; it enriches the community by promoting a sense of belonging and connection among its members. Overall, its efforts contribute to a more inclusive and supportive environment for all who reside there.
This information is meant to be a general summary of Philadelphia Presbytery Apartments Of Morrisville 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 2023.
- Investment Income: $102,332
- Program Service Revenue: $552,742
- Gross Receipts: $1,703,086
Assets and Liabilities:
- Total Assets: $3,657,248
- Total Liabilities: $4,243,390
- Net Assets: -$586,142
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$552,742
Organization Details
Founding Year
1984
Principal Officer
John H Cochrane Iii
Website
www.humangood.orgNTEE Category
Code: L20Z - Housing
If you are a representative of Philadelphia Presbytery Apartments Of Morrisville Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.