Overview
What is Gdl Corporation?
Gdl Corporation is a nonprofit organization situated in Warrington, Pennsylvania. Their primary focus is on providing rental apartments for senior citizens, under the Federal Housing Administration (FHA) and HUD Program 263. With a team of nine employees, they are dedicated to offering housing solutions for the elderly, contributing to their well-being and overall quality of life. This mission aligns with the broader goal of addressing the unique needs of senior citizens, ensuring they have access to appropriate housing options.
Official website here: www.gloriadeicommunities.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
Gdl Corporation has achieved a commendable 94% rating from Charity Navigator, reflecting strong accountability and financial management. The organization excels in maintaining a fully independent board and comprehensive oversight, as evidenced by scoring 100% on independent board members and having a robust audit and oversight committee. This high rating underscores their commitment to transparency and effective governance.
In terms of financial health, Gdl Corporation demonstrates responsible budgeting with an impressive program expense ratio of 85.12%, indicating that the majority of their funds are directed toward program services. Their liabilities to assets ratio of 52.96% further showcases a balanced financial approach, ensuring sustainability and stability in their operations.
While the organization appears to have excellent practices in place for governance and financial oversight, the summary does not highlight any specific programmatic achievements or community impacts. Nonetheless, their strong ratings in accountability indicate a solid foundation for future growth and effectiveness in fulfilling their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Gdl Corporation legitimate?
Gdl Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gdl 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: $385,830
For more financial information, click here
Official website here: www.gloriadeicommunities.com
What is the mission statement of Gdl Corporation?
Gdl Corporation's primary mission is focused on providing rental apartments specifically for senior citizens, under the auspices of the Federal Housing Administration (FHA) and the HUD Program 263. Their objective is to offer senior residents with comfortable housing solutions, in line with this particular government-backed program. The corporation's mission is instrumental in ensuring that eligible senior citizens have access to suitable housing options, thereby contributing to their overall well-being.
Official website here: www.gloriadeicommunities.com
Who is the CEO of Gdl Corporation?
Vincent Dattilo is the Ceo of Gdl Corporation. The CEO's salary of Gdl Corporation is $0 and their total compensation is $199,241.
Official website here: www.gloriadeicommunities.com
What is the revenue of Gdl Corporation?
Gdl Corporation's revenue in 2022 was $2,196,627.
Official website here: www.gloriadeicommunities.com
Who are the executives of Gdl Corporation and what are their salaries?
The average compensation at Gdl Corporation during 2022 was $42,870. There are 9 employees and 73 volunteers at Gdl Corporation.
Here are 9 key members and their salaries (Gdl Corporation's CEO's salary is $0 and their total compensation is $199,241):
- Compensation: $0
- Related: $187,234
- Other: $12,007
- Compensation: $0
- Related: $38,400
- Other: $0
- Compensation: $0
- Related: $52,492
- Other: $0
- Compensation: $0
- Related: $1,750
- Other: $0
- Compensation: $0
- Related: $1,750
- Other: $0
- Compensation: $0
- Related: $1,750
- Other: $0
- Compensation: $0
- Related: $1,750
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.gloriadeicommunities.com
Where can I find the form 990 for Gdl Corporation?
Gdl Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gloriadeicommunities.com
Learn more at the official website: www.gloriadeicommunities.com
Mission Statement of Gdl Corporation
Gdl Corporation, a notable entity, is dedicated to providing rental apartments specifically for senior citizens. This mission is facilitated through a partnership with the Federal Housing Administration (FHA) and the Department of Housing and Urban Development (HUD), under Program 263. The organization's primary goal is to offer housing solutions to the elderly population, ensuring they have access to comfortable and suitable living spaces. By doing so, Gdl Corporation contributes to the well-being and independence of senior citizens, enabling them to maintain a quality of life that aligns with their needs.
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Impact
October, 2024
Gdl Corporation plays a significant role in enhancing the quality of life for senior citizens in Warrington, PA, by providing affordable housing through the rental of apartments designed specifically for their needs. Operating under the FHA (HUD Program 263), the organization focuses on creating a safe and welcoming living environment for older adults, ensuring they have access to essential amenities and support.
By facilitating affordable housing options, Gdl Corporation helps to alleviate the financial burden many seniors face, enabling them to live independently while maintaining a sense of community. This initiative not only supports the individual well-being of tenants but also contributes positively to the broader community by fostering inclusivity and addressing housing shortages. The focus on senior citizens highlights Gdl Corporation's commitment to serving an often-overlooked demographic, making a meaningful impact in their lives and enhancing their overall quality of living.
This information is meant to be a general summary of Gdl 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $453
- Program Service Revenue: $2,162,080
- Gross Receipts: $2,196,627
Assets and Liabilities:
- Total Assets: $3,974,525
- Total Liabilities: $2,255,124
- Net Assets: $1,719,401
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING ACTIVITY
Revenue
$2,162,080
Organization Details
Founding Year
1974
Phone
(215) 830-8302Principal Officer
Vincent Dattilo
Main Address
2900 STREET RD, WARRINGTON, PA, 18976
Website
www.gloriadeicommunities.comNTEE Category
Code: L22 - Housing
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