Overview
What is Palmyra Area Interfaith Housing Council?
The Palmyra Area Interfaith Housing Council is a nonprofit organization situated in Cleona, Pennsylvania. Their primary mission is to provide housing and related facilities to low-income families and the elderly, aiming to enhance their overall well-being and quality of life. They also distribute funds to other exempt organizations, as per the Internal Revenue Code, to support similar causes. Specifically, the organization focuses on offering housing facilities and services tailored to the unique needs of elderly and handicapped individuals, promoting their health, security, happiness, and usefulness in longer living.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
The Palmyra Area Interfaith Housing Council has earned an 88% rating from Charity Navigator, reflecting strong accountability and financial practices. The rating is primarily based on their exceptional performance in accountability and finance, where they scored well in areas such as independent board governance and effective financial oversight.
Key strengths of the organization include having a fully independent board, which enhances decision-making and reduces conflicts of interest. Their financial policies are robust, with no reported material diversion of assets and comprehensive policies like whistleblower protections. Furthermore, they demonstrate a high program expense ratio of 81.63%, indicating that a significant portion of their budget is allocated directly to their programs.
However, the organization has room for improvement in its liabilities to assets ratio, which stands at 58.23%. While this figure is reasonable, it suggests that the organization has a higher level of liabilities in relation to its assets, which could be a point of concern for some stakeholders. Overall, the council appears to be managing its resources effectively while maintaining transparency and accountability in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Palmyra Area Interfaith Housing Council legitimate?
Palmyra Area Interfaith Housing Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palmyra Area Interfaith Housing Council 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:
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What is the mission statement of Palmyra Area Interfaith Housing Council?
The Palmyra Area Interfaith Housing Council's mission is centered around providing housing facilities and services tailored to the unique needs of the elderly and handicapped individuals. These facilities and services aim to enhance their physical, social, and psychological well-being, contributing to their improved health, security, happiness, and usefulness in their extended living. Furthermore, the organization extends distributions to other exempt organizations, as per the guidelines under Section 501(C)(3) of the Internal Revenue Code of 1954, or its equivalent in future U.S. Internal Revenue laws.
Who is the CEO of Palmyra Area Interfaith Housing Council?
Karen Raugh is the Vp Until 1/20/22, Pres. Beg. 1/20 of Palmyra Area Interfaith Housing Council.
What is the revenue of Palmyra Area Interfaith Housing Council?
Palmyra Area Interfaith Housing Council's revenue in 2023 was $1,363,986.
Who are the executives of Palmyra Area Interfaith Housing Council and what are their salaries?
There 12 volunteers at Palmyra Area Interfaith Housing Council.
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Where can I find the form 990 for Palmyra Area Interfaith Housing Council?
Palmyra Area Interfaith Housing Council's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Palmyra Area Interfaith Housing Council
Palmyra Area Interfaith Housing Council is dedicated to supporting the needs of elderly and handicapped individuals. Their mission is threefold: firstly, they aim to provide specialized housing facilities that cater to the physical, social, and psychological needs of these individuals. Secondly, they strive to enhance their health, security, happiness, and productivity in their extended living. Lastly, they extend their support by distributing resources to organizations that fall under the category of exempt organizations as per Section 501(C)(3) of the Internal Revenue Code of 1954 or any future corresponding provision of the United States Internal Revenue Law. In essence, Palmyra Area Interfaith Housing Council is committed to improving the living conditions and overall well-being of elderly and handicapped persons, while also contributing to other charitable organizations.
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Impact
October, 2024
Palmyra Area Interfaith Housing Council significantly enhances the quality of life for elderly and handicapped individuals by providing tailored housing facilities and essential services that cater to their unique physical, social, and psychological needs. This organization focuses on promoting health, security, happiness, and a sense of purpose among residents, enabling them to enjoy longer, fulfilling lives.
By offering specialized housing solutions and necessary support, the council ensures that low-income elderly families have access to safe and suitable living environments. Its commitment extends to fostering partnerships with other exempt organizations, further amplifying its impact on the community.
Overall, the council not only addresses immediate housing needs but also plays a vital role in nurturing the well-being and dignity of some of the most vulnerable members of society.
This information is meant to be a general summary of Palmyra Area Interfaith Housing Council. 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 2023.
- Investment Income: $27,139
- Program Service Revenue: $653,984
- Gross Receipts: $1,363,986
Assets and Liabilities:
- Total Assets: $6,438,916
- Total Liabilities: $3,749,972
- Net Assets: $2,688,944
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME - DWELLI
Revenue
$405,882
INCOME ON LIMITED PART
Revenue
$234,648
OTHER
Revenue
$13,454
Organization Details
Founding Year
1977
Phone
(717) 273-1639Principal Officer
Karen Raugh
Main Address
PO BOX 2005, CLEONA, PA, 17042
NTEE Category
Code: L22 - Housing
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