Overview
What is St Peter's Housing Development Corporation Inc?
St. Peter's Housing Development Corporation Inc is a dedicated nonprofit organization situated with a mission to provide affordable and suitable living spaces for low-income elderly individuals. Their primary focus is on catering to the unique needs of this demographic, and they accomplish this through the operation of a 50-unit housing facility. The corporation's activities are centered around providing decent housing for this vulnerable group, ensuring they can live comfortably and securely.
Official website here: www.churchhousing4u.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
St. Peter's Housing Development Corporation Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in several areas. While the organization excels in board independence and oversight practices, having a fully independent board and strong financial audit processes, it struggles with transparency and adherence to best practices. Specifically, the lack of a whistleblower policy and missing documentation on their website raises concerns about governance.
Despite these limitations, the organization demonstrates a solid program expense ratio of 73.62%, which suggests a commitment to directing funds towards its mission. However, the liabilities to assets ratio of 169.34% indicates potential financial instability, which could affect its long-term sustainability. Overall, while there are commendable aspects of St. Peter's Housing Development Corporation Inc, the identified weaknesses in governance and financial health warrant careful consideration by potential supporters and donors.
This AI summary has been generated from information found on Charity Navigator.
Is St Peter's Housing Development Corporation Inc legitimate?
St Peter's Housing Development Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Peter's Housing Development Corporation 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: $34,297
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,239
For more financial information, click here
Official website here: www.churchhousing4u.org
What is the mission statement of St Peter's Housing Development Corporation Inc?
St. Peter's Housing Development Corporation Inc. is dedicated to serving the elderly population with low income, providing them with affordable and decent housing. The organization's mission is centered around this goal, and they operate a 50-unit housing facility that caters specifically to this demographic, ensuring their needs are met. St. Peter's Housing Development Corporation Inc. strives to enhance the living conditions of its residents, focusing on their well-being and comfort in their later years.
Official website here: www.churchhousing4u.org
Who is the CEO of St Peter's Housing Development Corporation Inc?
Sally Strzelecki is the President of St Peter's Housing Development Corporation Inc.
Official website here: www.churchhousing4u.org
What is the revenue of St Peter's Housing Development Corporation Inc?
St Peter's Housing Development Corporation Inc's revenue in 2022 was $716,264.
Official website here: www.churchhousing4u.org
Who are the executives of St Peter's Housing Development Corporation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.churchhousing4u.org
Where can I find the form 990 for St Peter's Housing Development Corporation Inc?
St Peter's Housing Development Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.churchhousing4u.org
Learn more at the official website: www.churchhousing4u.org
Mission Statement of St Peter's Housing Development Corporation Inc
St. Peter's Housing Development Corporation is a nonprofit organization dedicated to providing affordable and decent housing for low-income, elderly individuals. With a strong focus on this mission, the corporation operates a 50-unit housing facility that caters specifically to the needs of this demographic. The organization is committed to ensuring that elderly individuals have access to a secure and comfortable living environment, thereby enhancing their quality of life.
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Impact
October, 2024
St. Peter's Housing Development Corporation Inc significantly impacts the community by addressing the critical need for affordable housing for low-income elderly individuals. The organization operates a 50-unit housing facility in Phoenixville, PA, specifically designed to cater to the unique requirements of this demographic. By providing safe, decent, and affordable living spaces, St. Peter's Housing Development Corporation fosters a supportive environment that enhances the quality of life for its residents.
This initiative not only alleviates housing insecurity among vulnerable seniors but also promotes stability and well-being, allowing residents to maintain their independence in a community setting. By focusing on the needs of low-income elderly persons, the corporation contributes to social equity and inclusion, making a meaningful difference in the lives of individuals who might otherwise struggle to find suitable housing. Through its dedication to creating accessible living options, St. Peter's Housing Development Corporation plays a vital role in the broader mission of improving the overall welfare of the elderly population in the region.
This information is meant to be a general summary of St Peter's Housing Development Corporation 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: $680
- Program Service Revenue: $715,483
- Gross Receipts: $723,972
Assets and Liabilities:
- Total Assets: $1,267,765
- Total Liabilities: $2,088,410
- Net Assets: -$820,645
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$715,483
Organization Details
Founding Year
1985
Phone
(610) 933-4383Principal Officer
Sally Strzelecki
Main Address
606 S MAIN STREET, PHOENIXVILLE, PA, 19460
Website
www.churchhousing4u.orgNTEE Category
Code: L22 - Housing
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