Overview
What is Episcopal Apartments Of The Slate Belt Inc?
Episcopal Apartments of the Slate Belt Inc is a nonprofit organization committed to offering affordable housing for elderly and disabled individuals. Based on the provided information, their primary mission is to provide a supportive living environment for this population group. They focus specifically on low income housing, ensuring that the elderly and disabled have access to suitable and comfortable accommodations. The organization's activities are centered around this mission, making it an essential resource for this vulnerable group in the community.
Official website here: www.easbbangor.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
Episcopal Apartments of the Slate Belt Inc has achieved an impressive 96% score, reflecting strong performance in accountability and financial management. The organization benefits from a fully independent board, indicating a commitment to ethical governance, with all board members being independent and actively involved in oversight. The charity's financial practices are robust, as evidenced by a perfect score in financial audits and the absence of material asset diversions.
The charity allocates a significant portion of its budget to program expenses, with a program expense ratio of 74.28%, demonstrating a focus on its mission and effective use of funds. Policies related to conflict of interest, whistleblower protection, and document retention are all in place, which enhances transparency and integrity in operations.
While the overall performance is commendable, the rating is based solely on accountability and finance, which means other areas such as program impact or community engagement are not evaluated in this metric. Despite this limitation, the organization's strong financial standing and governance practices position it as a trustworthy nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Episcopal Apartments Of The Slate Belt Inc legitimate?
Episcopal Apartments Of The Slate Belt Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Episcopal Apartments Of The Slate Belt 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: $88,036
Professional Fundraising Fees: $0
Other Salaries and Wages: $188,463
For more financial information, click here
Official website here: www.easbbangor.org
What is the mission statement of Episcopal Apartments Of The Slate Belt Inc?
The Episcopal Apartments of the Slate Belt Inc. is committed to providing affordable housing for the elderly, fostering a supportive environment for its residents. Their mission is centered around accommodating elderly individuals in need, ensuring they have a suitable living space. This organization strives to create an environment that caters to the unique needs of its elderly residents, thereby enhancing their quality of life.
Official website here: www.easbbangor.org
Who is the CEO of Episcopal Apartments Of The Slate Belt Inc?
Stephen Ruggerio is the President of Episcopal Apartments Of The Slate Belt Inc.
Official website here: www.easbbangor.org
What is the revenue of Episcopal Apartments Of The Slate Belt Inc?
Episcopal Apartments Of The Slate Belt Inc's revenue in 2022 was $1,168,215.
Official website here: www.easbbangor.org
Who are the executives of Episcopal Apartments Of The Slate Belt Inc and what are their salaries?
The average compensation at Episcopal Apartments Of The Slate Belt Inc during 2022 was $46,083. There are 6 employees and 9 volunteers at Episcopal Apartments Of The Slate Belt Inc.
Here are 10 key members and their salaries:
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- Compensation: $66,605
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- Other: $20,456
Official website here: www.easbbangor.org
Where can I find the form 990 for Episcopal Apartments Of The Slate Belt Inc?
Episcopal Apartments Of The Slate Belt Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.easbbangor.org
Learn more at the official website: www.easbbangor.org
Mission Statement of Episcopal Apartments Of The Slate Belt Inc
Episcopal Apartments of the Slate Belt Inc, a nonprofit organization, is committed to providing low-income housing for the elderly in a supportive environment. Their mission is to create a living space that caters to the needs of the elderly, offering them a home that is both comfortable and nurturing. By offering affordable housing, this organization aims to ensure that the elderly, who may be on a limited income, can still live with dignity and independence. The supportive environment provided by Episcopal Apartments of the Slate Belt Inc is designed to promote the well-being and quality of life of its residents, offering them a sense of community and security.
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Impact
October, 2024
Episcopal Apartments Of The Slate Belt Inc plays a crucial role in the community by providing low-income housing specifically for elderly individuals and those with disabilities. By offering safe, affordable living options, it enhances the quality of life for residents who may otherwise struggle to find secure housing.
The supportive environment fostered within these apartments helps create a sense of community, allowing residents to maintain independence while having access to necessary services and support. This initiative not only alleviates some of the financial burdens these individuals face but also promotes social interaction, reduces isolation, and ensures that vulnerable populations have a place to call home. Ultimately, its impact extends beyond housing, contributing to the overall well-being of elderly and disabled individuals in Bangor, PA.
This information is meant to be a general summary of Episcopal Apartments Of The Slate Belt 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.
- Investment Income: $656
- Program Service Revenue: $1,099,228
- Gross Receipts: $1,168,215
Assets and Liabilities:
- Total Assets: $1,809,901
- Total Liabilities: $2,915,084
- Net Assets: -$1,105,183
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME RENTAL
Revenue
$1,099,228
Organization Details
Founding Year
1981
Phone
(610) 863-7626Principal Officer
Stephen Ruggerio
Main Address
684 AMERICAN BANGOR ROAD, BANGOR, PA, 18013
Website
www.easbbangor.orgNTEE Category
Code: L21Z - Housing
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