B'Nai B'Rith House Of Reading Inc

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

EIN: 232044750 ✦ Reading, PA ✦ Designated as a 501(c)(3)

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Overview

What is B'Nai B'Rith House Of Reading Inc?

B'Nai B'Rith House of Reading Inc is a nonprofit organization dedicated to supporting elderly individuals and families. Their primary mission is to provide affordable rental housing and related facilities or services, tailored to cater to the unique physical, social, and psychological needs of the elderly. The goal is to promote their health, security, happiness, and overall usefulness in prolonged living. The organization's activities are centered around offering housing solutions and services designed to enhance the well-being of the elderly community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% - Three-Star out of Four Star rating

B'Nai B'Rith House Of Reading Inc has received an 86% rating from Charity Navigator, signifying a solid level of accountability and financial management. The score is derived entirely from their accountability and finance metrics, reflecting the organization's commitment to transparency and effective governance. This rating indicates that the charity is performing well in managing its resources and maintaining a good structure.

One of the organizational strengths is the composition of its board, which consists solely of independent members, earning full points in this area. Additionally, the charity has effectively implemented various governance practices, such as an oversight committee for audits and a robust conflict of interest policy, which enhances its credibility and trustworthiness among donors and stakeholders. The organization also demonstrates a strong financial footing, with a low ratio of liabilities to assets and a significant percentage of expenses directed towards programs.

However, while the financial metrics are promising, no additional qualitative data or user feedback has been provided to assess the charity's overall impact or program effectiveness. This limitation highlights the need for potential donors to consider not only financial accountability but also the charity’s outcomes and community engagement when evaluating their giving decisions.


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

Is B'Nai B'Rith House Of Reading Inc legitimate?

B'Nai B'Rith House Of Reading Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. B'Nai B'Rith House Of Reading 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: $87,409
Professional Fundraising Fees: $0
Other Salaries and Wages: $279,606

For more financial information, click here

What is the mission statement of B'Nai B'Rith House Of Reading Inc?

The mission of B'Nai B'Rith House Of Reading Inc is centered around providing support for elderly persons or families on a non-profit basis. Their primary objective is to offer rental housing and related facilities, specifically tailored to cater to the physical, social, and psychological needs of the elderly. The aim is to contribute positively to their health, security, happiness, and overall usefulness in leading a fulfilling life for a longer period. The organization also provides services designed to meet the needs of the elderly, with the ultimate goal of enhancing their well-being.

Who is the CEO of B'Nai B'Rith House Of Reading Inc?

Donald Greth is the Finance Mana of B'Nai B'Rith House Of Reading Inc.

What is the revenue of B'Nai B'Rith House Of Reading Inc?

B'Nai B'Rith House Of Reading Inc's revenue in 2023 was $1,926,574.

Who are the executives of B'Nai B'Rith House Of Reading Inc and what are their salaries?

The average compensation at B'Nai B'Rith House Of Reading Inc during 2023 was $45,877. There are 8 employees and 10 volunteers at B'Nai B'Rith House Of Reading Inc.


Here are 9 key members and their salaries:


Chris Haraschak (Finance Mana)
  • Compensation: $87,409
  • Related: $0
  • Other: $0
Donald Greth (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sari Incledon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Kabakoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myron Kabakoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rochelle Mann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Schwartz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ingrid Soltysik (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Wilikofsky (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for B'Nai B'Rith House Of Reading Inc?

B'Nai B'Rith House Of Reading Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of B'Nai B'Rith House Of Reading Inc

B'Nai B'Rith House of Reading Inc is a non-profit organization with a mission to cater to the needs of elderly persons or families. Their primary objective is to provide rental housing and related facilities on a non-profit basis, specifically designed to meet the physical, social, and psychological needs of the elderly. This organization strives to contribute to the health, security, happiness, and usefulness of these individuals in their longer living. In essence, B'Nai B'Rith House of Reading Inc aims to enhance the quality of life for the elderly by offering them suitable housing and services tailored to their unique requirements.

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Impact




October, 2024

B'Nai B'Rith House of Reading Inc plays a pivotal role in enhancing the quality of life for elderly individuals and families in Reading, PA. By providing affordable rental housing, it offers a secure and supportive environment tailored to meet the specific physical, social, and psychological needs of seniors.

This organization goes beyond mere housing; it delivers services that foster health, security, and overall happiness for its residents. By focusing on the well-being of the elderly population, B'Nai B'Rith House contributes to their sense of purpose and community engagement, helping to ensure that they can lead fulfilling lives in their later years. The impact is profound, as it not only alleviates housing challenges for seniors but also promotes a holistic approach to aging that emphasizes dignity and well-being.




This information is meant to be a general summary of B'Nai B'Rith House Of Reading 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.

Revenue
$1,926,574 (2023)
Expenses
$1,326,578 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,170
  • Program Service Revenue: $700,301
  • Gross Receipts: $1,926,574

Assets and Liabilities:

  • Total Assets: $3,288,295
  • Total Liabilities: $103,746
  • Net Assets: $3,184,549

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Programs

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

RENTAL INCOME

Revenue

$678,345

SERVICE INCOME

Revenue

$12,264

MISCELLANEOUS

Revenue

$9,692

Organization Details

Founding Year

1972

Principal Officer

Donald Greth

Main Address

1026 FRANKLIN STREET, READING, PA, 19602

NTEE Category

Code: L21 - Housing

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