Overview
What is Mt Airy Usa?
Mt Airy USA is a nonprofit organization located at 6703 Germantown Avenue, Philadelphia, PA 19119. Their primary mission is to revitalize the Mt. Airy section of Philadelphia by stimulating community development. They achieve this through various initiatives, such as real estate development projects to remove blight, push markets, and attract private investment. This involves scattered-site residential rehabilitation, large-scale mixed-use developments, and transit-oriented development. Mt Airy USA also manages its real estate portfolio, providing property management services including lease management, tenant negotiations, maintenance, financial performance analysis, and compliance management. With a workforce of 12 employees, their goal is to preserve, empower, and advance a vibrant Mt. Airy community.
Official website here: www.mtairyusa.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 85%, Three-Star out of Four Star rating.
Mt Airy USA has achieved a commendable Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The charity’s overall score is based entirely on its Accountability & Finance metrics, where it scored 85%. This indicates a solid financial health and operational transparency, essential for building trust with donors.
One of the organizational strengths is its composition of the board; all members are independent, which bolsters governance and decision-making integrity. Furthermore, the charity has implemented robust financial oversight mechanisms, including an effective Audit and Oversight Committee. Additional policies related to conflict of interest, whistleblower protection, and document retention are in place, showcasing a commitment to ethical practices.
Despite these strengths, the score indicates areas where ongoing improvement could enhance overall performance. The program expense ratio stands at a solid 75.72%, suggesting that a significant portion of funds is directed towards programs. However, there may be room for growth in demonstrating the impact of those programs to potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Mt Airy Usa legitimate?
Mt Airy Usa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mt Airy Usa 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: $67,152
Professional Fundraising Fees: $0
Other Salaries and Wages: $454,603
For more financial information, click here
Official website here: www.mtairyusa.org
What is the mission statement of Mt Airy Usa?
Mt Airy USA's mission is centered around the preservation, empowerment, and advancement of a vibrant community. This is achieved by stimulating the development of the community's needs. The organization engages in real estate development activities, such as removing blight, pushing markets, and attracting private investment. This is done through scattered-site residential rehab, large-scale mixed-use development, and transit-oriented development. Mt Airy USA also self-manages its real estate portfolio and offers various property management services, including lease management, tenant negotiations, ongoing maintenance, capital improvement projects, analysis of portfolio financial performance, preparation of annual property budgets, maintenance of loan portfolio compliance, and risk management.
Official website here: www.mtairyusa.org
Who is the CEO of Mt Airy Usa?
Ashley Via Maass is the Board Member of Mt Airy Usa.
Official website here: www.mtairyusa.org
What is the revenue of Mt Airy Usa?
Mt Airy Usa's revenue in 2022 was $1,347,385.
Official website here: www.mtairyusa.org
Who are the executives of Mt Airy Usa and what are their salaries?
The average compensation at Mt Airy Usa during 2022 was $43,480. There are 12 employees and 12 volunteers at Mt Airy Usa.
Here are 16 key members and their salaries:
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Official website here: www.mtairyusa.org
Where can I find the form 990 for Mt Airy Usa?
Mt Airy Usa's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mtairyusa.org
Learn more at the official website: www.mtairyusa.org
Mission Statement of Mt Airy Usa
Mt Airy USA is dedicated to preserving, empowering, and advancing a vibrant Mt. Airy section of Philadelphia. To achieve this mission, the organization stimulates the development of the community's needs by engaging in real estate development work. This involves removing blight, pushing markets, and attracting private investment to commercial corridors and residential neighborhoods through scattered-site residential rehab and large-scale mixed-use development, as well as transit-oriented development. Mt Airy USA also manages its real estate portfolio and offers various property management services, including lease management and tenant negotiations, ongoing maintenance and capital improvement projects, analysis of portfolio financial performance, preparation of annual property budgets, maintenance of loan portfolio compliance, and risk management. The organization's efforts aim to contribute to the overall improvement and vitality of the Mt. Airy community.
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Impact
October, 2024
Mt. Airy USA plays a significant role in revitalizing and empowering the Mt. Airy neighborhood in Philadelphia. By focusing on preservation and development, the organization actively works to remove blight and enhance the area's appeal, which in turn stimulates private investment in both commercial and residential sectors. Through a combination of scattered-site residential rehabilitation and large-scale mixed-use developments, they are transforming the community into a vibrant, sustainable place to live and work.
Their efforts in real estate development not only improve the physical landscape but also contribute to economic growth by attracting businesses and enhancing property values. By self-managing their real estate portfolio, Mt. Airy USA ensures continuous maintenance and capital improvement, which further supports the neighborhood’s vitality.
Additionally, the organization provides essential property management services, including lease management and tenant negotiation, which help maintain the quality and stability of the housing stock. Their focus on transit-oriented development also encourages accessibility, linking the community to greater economic opportunities and resources.
Overall, Mt. Airy USA's impact is felt through improved living conditions, increased economic investment, and a strengthened sense of community, all of which contribute to a vibrant future for Mt. Airy in Philadelphia.
This information is meant to be a general summary of Mt Airy Usa. 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.
- Program Service Revenue: $778,241
- Gross Receipts: $1,347,385
Assets and Liabilities:
- Total Assets: $4,418,173
- Total Liabilities: $3,741,545
- Net Assets: $676,628
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$459,017
PROGRAM INCOME
Revenue
$319,224
Organization Details
Founding Year
1980
Phone
(215) 844-6021Principal Officer
Ashley Via Maass
Main Address
6703 GERMANTOWN AVENUE 200, PHILADELPHIA, PA, 19119
Website
www.mtairyusa.orgNTEE Category
Code: S20 - Community improvement
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