Co-Mhar Residential Corp

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222540614 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Co-Mhar Residential Corp?

Co-Mhar Residential Corp is a nonprofit organization situated in Philadelphia, Pennsylvania. Its primary mission is to offer affordable housing solutions to individuals grappling with behavioral health challenges. By providing low-income housing, the organization seeks to support those struggling with mental health issues, ensuring they have a safe and stable living environment. Co-Mhar Residential Corp's programs are tailored to this specific population, aiming to improve their overall wellbeing and quality of life.


Official website here: www.comhar.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Star rating)

Co-Mhar Residential Corp has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 79%. This rating highlights the organization's commitment to accountability and financial health, with a notable program expense ratio of 86.93%, indicating that a substantial portion of its funds is directed towards its mission-related activities.

The nonprofit demonstrates strong governance practices, as evidenced by its fully independent board composed of three members and the absence of any material diversion of assets. Additionally, it maintains comprehensive policies including conflict of interest, whistleblower protections, and document retention, all of which contribute positively to its organizational integrity.

While the charity exhibits several strengths in its operations and governance, there is room for improvement in areas that may not have been highlighted in the current data. Overall, Co-Mhar Residential Corp shows a robust commitment to its mission while adhering to best practices in management and finance.


This AI summary has been generated from information found on Charity Navigator.

Is Co-Mhar Residential Corp legitimate?

Co-Mhar Residential Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Co-Mhar Residential Corp submitted a form 990EZ, 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.


Official website here: www.comhar.org

What is the mission statement of Co-Mhar Residential Corp?

Co-Mhar Residential Corp's mission is centered around providing affordable housing for individuals dealing with behavioral health challenges. The organization's primary focus is to cater to individuals who grapple with mental health issues. By offering accessible housing options, Co-Mhar Residential Corp aims to make a significant impact on this often underserved population. The organization operates in various locations, but specific details about its specific location are not provided in the information provided.


Official website here: www.comhar.org

Who is the CEO of Co-Mhar Residential Corp?

Patrick Dooley is the President of Co-Mhar Residential Corp.


Official website here: www.comhar.org

What is the revenue of Co-Mhar Residential Corp?

Co-Mhar Residential Corp's revenue in 2022 was $105,152.


Official website here: www.comhar.org

Who are the executives of Co-Mhar Residential Corp and what are their salaries?


Here are 7 key members and their salaries:


Patrick Dooley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Deshields (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Brandon Youngman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Brenner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jaliya Faulkner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Radhika Gopalakrishnan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Flowers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.comhar.org

Where can I find the form 990EZ for Co-Mhar Residential Corp?

Co-Mhar Residential Corp's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.comhar.org

Learn more at the official website: www.comhar.org

Mission Statement of Co-Mhar Residential Corp

Co-Mhar Residential Corp is a dedicated organization that seeks to provide low-income housing solutions for individuals grappling with behavioral health challenges. Their primary mission is to offer affordable housing options to those who are affected by mental health issues. By doing so, Co-Mhar Residential Corp aims to provide a stable living environment, which is crucial for the overall well-being and recovery of these individuals. The organization's programs are carefully designed to cater to this specific population, ensuring they have access to safe and affordable housing. Despite not having additional information about the specific programs or services offered by Co-Mhar Residential Corp, it is clear that their mission is centered around providing a supportive living environment for individuals dealing with mental health issues.

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Impact




October, 2024

Co-Mhar Residential Corp significantly impacts the community by addressing the critical need for affordable housing for individuals facing behavioral health challenges. By providing low-income housing options in Philadelphia, the organization supports those struggling with mental health issues, offering them a stable and secure living environment. This initiative not only aids in improving the quality of life for these individuals but also promotes social inclusion and reduces homelessness in the area. Through its dedicated programs, Co-Mhar Residential Corp plays a vital role in fostering a supportive community and enhancing the overall well-being of its residents.




This information is meant to be a general summary of Co-Mhar Residential Corp. 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.

Revenue
$105,152 (2022)
Expenses
$160,486 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $28
  • Program Service Revenue: $64,570
  • Gross Receipts: $105,152

Assets and Liabilities:

  • Total Assets: $449,402
  • Total Liabilities: $1,204,635
  • Net Assets: -$755,233

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Organization Details

Principal Officer

Patrick Dooley

Main Address

100 West Lehigh Avenue, Philadelphia, PA, 19133

NTEE Category

Code: P70 - Human services

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