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Ebenezer Devel Corporation

Ebenezer Towers

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

EIN: 231346403 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Ebenezer Devel Corporation?

Ebenezer Devel Corporation, situated in Pittsburgh, Pennsylvania, is a nonprofit organization dedicated to providing affordable housing solutions for disadvantaged elderly and handicapped individuals. They receive funding from the U.S. Department of Housing and Urban Development (HUD) to maintain low-income housing units. Beyond offering shelter, Ebenezer Devel Corporation also provides supportive services to assist those in need. Their mission is to make housing accessible for this specific group, enhancing their quality of life.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67% (Two-Star out of Four Star rating)

Ebenezer Devel Corporation received a Two-Star rating from Charity Navigator, primarily driven by its Accountability & Finance metrics. The organization showcases strengths in governance, with a fully independent board and a robust financial oversight committee. Its program expense ratio is commendable at 79.09%, indicating a significant portion of funds directed toward its mission-related activities.

However, the organization faces notable limitations, particularly in its financial reporting and governance practices. Key documents such as the tax form, conflict of interest policy, whistleblower policy, and document retention and destruction policy are all missing, which raises concerns about transparency and accountability. Furthermore, its liabilities to assets ratio is concerning at 132.43%, suggesting potential financial instability.

Overall, while Ebenezer Devel Corporation demonstrates strong governance practices, the lack of essential policies and financial documentation detracts from its overall effectiveness and transparency, warranting careful consideration for potential donors.


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

Is Ebenezer Devel Corporation legitimate?

Ebenezer Devel Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ebenezer Devel Corporation 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: $180,776

For more financial information, click here

What is the mission statement of Ebenezer Devel Corporation?

Ebenezer Devel Corporation's mission is centered around providing affordable housing solutions for disadvantaged elderly and handicapped individuals. Their primary activity involves offering subsidized housing through the U.S. Department of Housing and Urban Development (HUD). The corporation's mission extends beyond just housing, as they also offer supportive services to help those in need. In essence, Ebenezer Devel Corporation aims to make a significant difference in the lives of vulnerable individuals by providing them with a secure living environment and essential support services.

Who is the CEO of Ebenezer Devel Corporation?

Barbara Crosby is the President of Ebenezer Devel Corporation.

What is the revenue of Ebenezer Devel Corporation?

Ebenezer Devel Corporation's revenue in 2022 was $1,285,896.

Who are the executives of Ebenezer Devel Corporation and what are their salaries?


Here are 7 key members and their salaries:


Barbara Crosby (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chanel Williamson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Parker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Howard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Montgomery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Ranshaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Upsher Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ebenezer Devel Corporation?

Ebenezer Devel Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ebenezer Devel Corporation

Ebenezer Devel Corporation, a dedicated nonprofit organization, is committed to providing affordable housing solutions for disadvantaged elderly and handicapped individuals. Their mission is centered around offering HUD-subsidized low-income housing, aiming to cater to the needs of those in need in an inclusive manner. The corporation's primary objective is to create a living environment that is both affordable and supportive, thereby enhancing the quality of life for its residents.

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Impact




October, 2024

Ebenezer Devel Corporation plays a crucial role in addressing the housing needs of disadvantaged elderly and handicapped individuals in Pittsburgh, PA. By providing HUD-subsidized low-income housing and supportive services, the organization significantly enhances the quality of life for vulnerable populations. Its commitment to affordable housing solutions ensures that those in need have access to safe and stable living conditions, fostering a sense of community and security. The work of Ebenezer Devel Corporation not only alleviates financial burdens for low-income residents but also promotes independence and dignity for individuals who might otherwise struggle to find suitable housing. Overall, their impact extends beyond just providing shelter; it is about improving lives and enhancing the well-being of the community they serve.




This information is meant to be a general summary of Ebenezer Devel Corporation. 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
$1,285,896 (2022)
Expenses
$1,193,457 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $329
  • Program Service Revenue: $394,868
  • Gross Receipts: $1,285,896

Assets and Liabilities:

  • Total Assets: $2,903,570
  • Total Liabilities: $3,845,296
  • Net Assets: -$941,726

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$494,362

LAUNDRY AND VENDING REVENUE

Revenue

$5,728

TENANT CHARGES

Revenue

$387

VACANCIES

Revenue

-$105,609

Organization Details

Founding Year

1991

Principal Officer

Barbara Crosby

Main Address

420 DINWIDDIE STREET, PITTSBURGH, PA, 15219

NTEE Category

Code: L19 - Housing

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