Overview
What is Philadelphia Presbytery Apartments Inc?
Philadelphia Presbytery Apartments Inc is a nonprofit organization situated in Lafayette Hill, Pennsylvania. They are renowned for owning and leasing a 150-unit affordable housing community, specifically designed for the elderly and physically disabled individuals. This community, located in Philadelphia, PA, offers crucial support services and engaging recreational activities. The purpose of these offerings is to foster increased socialization and enrichment among the residents, creating a welcoming and positive environment for all. The mission of Philadelphia Presbytery Apartments Inc, as stated by Humangood, is to ensure everyone, regardless of physical, social, or economic circumstances, can live with enthusiasm, confidence, and security. The organization is run by a team of 7 dedicated employees.
Official website here: www.humangood.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Philadelphia Presbytery Apartments Inc has received an 81% rating from Charity Navigator, indicating a solid performance in accountability and finance. This score is derived entirely from the Accountability & Finance beacon, showcasing strong governance practices and transparency in its operations. The organization has demonstrated a commitment to maintaining an independent board, with 55% of its members being independent, which enhances its accountability.
The financial management of Philadelphia Presbytery Apartments Inc is commendable, as evidenced by its perfect score in several key areas such as financial statements oversight and the absence of material diversion of assets. The organization also scores well in policies related to conflict of interest and whistleblower protections, reflecting a robust commitment to ethical practices.
However, while the overall score is positive, it is important for potential donors and supporters to consider that the rating is based solely on accountability and finance metrics. There may be other significant aspects of the organization’s impact and effectiveness that are not captured in this particular rating, which could warrant further exploration for a well-rounded understanding of its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Philadelphia Presbytery Apartments Inc legitimate?
Philadelphia Presbytery Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philadelphia Presbytery Apartments 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.humangood.org
What is the mission statement of Philadelphia Presbytery Apartments Inc?
Philadelphia Presbytery Apartments Inc, through its mission at Humangood, aims to provide an opportunity for everyone, regardless of physical, social, or economic circumstances, to live with enthusiasm, confidence, and security. They believe in this for everyone, including the residents of their 150-unit affordable housing community. The organization leases this building, specifically designed for the elderly and physically disabled, and offers support services and recreational activities. These activities are intended to promote increased socialization and enrichment for all residents, creating a positive and welcoming environment.
Official website here: www.humangood.org
Who is the CEO of Philadelphia Presbytery Apartments Inc?
John H Cochrane Iii is the President/Chief Executive Officer of Philadelphia Presbytery Apartments Inc. The CEO's salary of Philadelphia Presbytery Apartments Inc is $0 and their total compensation is $459,828.
Official website here: www.humangood.org
What is the revenue of Philadelphia Presbytery Apartments Inc?
Philadelphia Presbytery Apartments Inc's revenue in 2022 was $842,245.
Official website here: www.humangood.org
Who are the executives of Philadelphia Presbytery Apartments Inc and what are their salaries?
There are 7 employees and 5 volunteers at Philadelphia Presbytery Apartments Inc.
Here are 19 key members and their salaries (Philadelphia Presbytery Apartments Inc's CEO's salary is $0 and their total compensation is $459,828):
- Compensation: $0
- Related: $73,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,032,339
- Other: $39,055
- Compensation: $0
- Related: $786,516
- Other: $43,528
- Compensation: $0
- Related: $552,085
- Other: $38,623
- Compensation: $0
- Related: $472,179
- Other: $16,199
- Compensation: $0
- Related: $434,627
- Other: $38,817
- Compensation: $0
- Related: $416,003
- Other: $43,825
- Compensation: $0
- Related: $263,168
- Other: $13,804
- Compensation: $0
- Related: $206,162
- Other: $33,272
- Compensation: $0
- Related: $242,424
- Other: $0
Official website here: www.humangood.org
Where can I find the form 990 for Philadelphia Presbytery Apartments Inc?
Philadelphia Presbytery Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.humangood.org
Learn more at the official website: www.humangood.org
Mission Statement of Philadelphia Presbytery Apartments Inc
Philadelphia Presbytery Apartments Inc, with a belief that everyone deserves to live with enthusiasm, confidence, and security, regardless of their physical, social, or economic circumstances, dedicates its mission to providing affordable housing. The organization owns and leases a 150-unit apartment building, specifically catering to the elderly and physically disabled individuals. In addition to offering affordable living spaces, Philadelphia Presbytery Apartments Inc goes beyond basic needs by providing support services and recreational activities. These initiatives aim to foster increased socialization and enrichment among the residents, creating a positive and welcoming environment.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Philadelphia Presbytery Apartments Inc. plays a vital role in improving the quality of life for elderly and physically disabled individuals in the Philadelphia area. By managing a 150-unit affordable housing community, it provides residents with secure, accessible living environments tailored to their needs.
Beyond housing, the organization fosters a sense of community through support services and recreational activities that promote socialization and personal enrichment. This commitment creates a positive and welcoming atmosphere, allowing residents to engage with their neighbors and participate in a variety of activities that enhance their overall well-being.
The mission of ensuring that everyone, regardless of their circumstances, can live with enthusiasm, confidence, and security reflects a deep commitment to inclusivity. The impact of Philadelphia Presbytery Apartments Inc. is significant, as it not only provides shelter but also cultivates a vibrant community where residents can thrive.
This information is meant to be a general summary of Philadelphia Presbytery Apartments 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $842,245
- Gross Receipts: $842,245
Assets and Liabilities:
- Total Assets: $399,279
- Total Liabilities: $2,541,978
- Net Assets: -$2,142,699
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INVESTMENT INC
Revenue
$842,245
Organization Details
Founding Year
1978
Phone
(610) 834-1001Principal Officer
John H Cochrane Iii
Main Address
2000 JOSHUA ROAD, LAFAYETTE HILL, PA, 19444
Website
www.humangood.orgNTEE Category
Code: L20Z - Housing
If you are a representative of Philadelphia Presbytery Apartments Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.