Overview
What is Shamokin Housing Association Inc?
Shamokin Housing Association Inc is a nonprofit organization situated in Shamokin, Pennsylvania. Its primary mission is to offer suitable housing accommodations for the elderly population residing in the area. By implementing various programs, the organization ensures that the elderly have access to comfortable living spaces within the community. Through its initiatives, the Shamokin Housing Association serves as a vital resource, contributing to the well-being and quality of life of the elderly residents in the city.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Shamokin Housing Association Inc has received an 81% rating, indicating a solid level of accountability and financial health. This rating reflects the organization's commitment to maintaining high standards, particularly highlighted by its 100% independent board members and a strong financial oversight structure. The organization demonstrates a high program expense ratio of 98.02%, indicating that nearly all of its expenses are directed towards its mission-related activities, which is a significant strength.
The financial metrics also show that Shamokin Housing Association maintains a low liabilities to assets ratio of 51.59%, showcasing its ability to manage debt effectively. Regular documentation of board meeting minutes and the absence of material diversion of assets further contribute to the organization’s strong governance framework.
While the overall rating is commendable, potential donors and stakeholders may want to keep an eye on the ratios and trends in financial health to ensure long-term sustainability. However, the absence of any major financial concerns speaks positively about the organization's operational integrity and commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Shamokin Housing Association Inc legitimate?
Shamokin Housing Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shamokin Housing Association 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: $330,923
For more financial information, click here
What is the mission statement of Shamokin Housing Association Inc?
The Shamokin Housing Association's mission is focused on providing suitable housing solutions for the elderly population. By implementing various programs, this organization strives to accommodate the elderly residents of Shamokin, ensuring they have a secure living environment. The association serves as a vital resource, ensuring the elderly can maintain their dignity and independence within a supportive community.
Who is the CEO of Shamokin Housing Association Inc?
William Grow is the President of Shamokin Housing Association Inc.
What is the revenue of Shamokin Housing Association Inc?
Shamokin Housing Association Inc's revenue in 2022 was $1,285,268.
Who are the executives of Shamokin Housing Association Inc and what are their salaries?
The average compensation at Shamokin Housing Association Inc during 2022 was $55,154. There are 6 employees at Shamokin Housing Association Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Shamokin Housing Association Inc?
Shamokin Housing Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Shamokin Housing Association Inc
Shamokin Housing Association, a nonprofit organization, is committed to providing housing for the elderly residents in its community. Through its programs, the association aims to offer a suitable living environment for the senior population, ensuring their basic needs are met with dignity and respect. The mission of Shamokin Housing Association is geared towards enhancing the quality of life for the elderly, providing them with a secure and comfortable living space.
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
Shamokin Housing Association Inc significantly impacts the community by providing essential housing services for elderly residents in Shamokin, PA. By focusing on this demographic, the organization addresses a critical need for safe and affordable living options, enabling seniors to maintain their independence while ensuring they have access to a supportive environment.
Through its housing programs, the Association fosters a sense of community and belonging among residents, promoting social interaction and reducing isolation. This contribution not only enhances the quality of life for elderly residents but also strengthens the fabric of the broader Shamokin community. Overall, the Shamokin Housing Association plays a pivotal role in improving housing accessibility and support for the elderly, thereby fostering a healthier, more inclusive community.
This information is meant to be a general summary of Shamokin Housing Association 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: $2,939
- Program Service Revenue: $410,512
- Gross Receipts: $1,285,268
Assets and Liabilities:
- Total Assets: $1,404,405
- Total Liabilities: $724,566
- Net Assets: $679,839
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.
RENTS AND RELATED REVENUE
Revenue
$410,512
Organization Details
Founding Year
1977
Principal Officer
William Grow
Main Address
201 WEST MULBERRY ST, SHAMOKIN, PA, 17872
NTEE Category
Code: L21Z - Housing
If you are a representative of Shamokin Housing Association 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.