Overview
What is Germantown Interfaith Housing Inc?
Germantown Interfaith Housing Inc is a nonprofit organization situated in Lafayette Hill, Pennsylvania. The organization manages and maintains a 96-unit affordable housing complex primarily for the elderly and physically disabled, offering additional support services and recreational activities. By doing so, they aim to promote increased socialization and enrichment for all residents, creating a positive and welcoming environment. The nonprofit operates under a belief that everyone deserves the chance to live with enthusiasm, confidence, and security, regardless of their physical, social, or economic circumstances. As of the provided information, the organization employs a team of three individuals.
Official website here: www.humangood.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating. Germantown Interfaith Housing Inc has received a solid rating primarily based on its strong performance in accountability and finance. The score of 81% reflects the charity's commitment to transparency and effective financial management, with a significant emphasis on maintaining independent oversight.
The organization boasts a majority of independent board members, demonstrating a commitment to governance standards. With a high program expense ratio of 94.94%, the majority of funds are directed toward its mission-related programs, which is a positive indicator of its operational efficiency. Additionally, it adheres to several best practices regarding financial oversight, such as having an audit committee and policies for conflict of interest and whistleblower protections.
While the rating highlights several strengths, potential donors should be aware that the overall score derives from a single beacon score focused on accountability and finance. This might limit insights into other aspects of the organization, such as program impact or community engagement. Nonetheless, the charity's operational transparency and high dedication to its mission are commendable.
This AI summary has been generated from information found on Charity Navigator.
Is Germantown Interfaith Housing Inc legitimate?
Germantown Interfaith Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Germantown Interfaith Housing 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: $205,627
For more financial information, click here
Official website here: www.humangood.org
What is the mission statement of Germantown Interfaith Housing Inc?
Germantown Interfaith Housing Inc's mission, as stated at Humangood, is centered around the belief that everyone, regardless of their physical, social, or economic circumstances, deserves to live with enthusiasm, confidence, and security. The organization, in line with this belief, operates an affordable housing project for the elderly and physically disabled, providing support services and recreational activities. These activities aim to promote increased socialization and enrichment for all residents, fostering a positive and welcoming environment. The project houses 95 units, all of which are available to residents.
Official website here: www.humangood.org
Who is the CEO of Germantown Interfaith Housing Inc?
John H Cochrane Iii is the CEO of Germantown Interfaith Housing Inc The CEO's salary of Germantown Interfaith Housing Inc is $0 and their total compensation is $1,137,774.
Official website here: www.humangood.org
What is the revenue of Germantown Interfaith Housing Inc?
Germantown Interfaith Housing Inc's revenue in 2023 was $1,677,985.
Official website here: www.humangood.org
Who are the executives of Germantown Interfaith Housing Inc and what are their salaries?
The average compensation at Germantown Interfaith Housing Inc during 2023 was $68,542. There are 3 employees and 7 volunteers at Germantown Interfaith Housing Inc.
Here are 15 key members and their salaries (Germantown Interfaith Housing Inc's CEO's salary is $0 and their total compensation is $1,137,774):
- 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: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $1,097,391
- Other: $40,383
- Compensation: $0
- Related: $853,732
- Other: $41,587
- Compensation: $0
- Related: $611,176
- Other: $40,715
- Compensation: $0
- Related: $545,496
- Other: $15,193
- Compensation: $0
- Related: $296,559
- Other: $38,036
- Compensation: $0
- Related: $227,297
- Other: $1,975
- Compensation: $0
- Related: $110,080
- Other: $0
- Compensation: $0
- Related: $410,826
- Other: $47,857
Official website here: www.humangood.org
Where can I find the form 990 for Germantown Interfaith Housing Inc?
Germantown Interfaith Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.humangood.org
Learn more at the official website: www.humangood.org
Mission Statement of Germantown Interfaith Housing Inc
Germantown Interfaith Housing Inc, an organization committed to humanity, believes in providing opportunities for living with enthusiasm, confidence, and security, irrespective of physical, social, or economic circumstances. In line with this belief, the nonprofit owns and operates a 96-unit affordable housing project, extending this chance to a wide range of individuals. Among these units, 95 are allocated for elderly and physically disabled residents, providing them with a supportive and welcoming environment. The organization goes beyond mere housing, offering maintenance, operation, and additional support services to enrich the lives of its residents through recreational activities and increased socialization opportunities. This approach fosters a positive and inclusive living environment for all residents within the 96-unit project.
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Impact
October, 2024
Germantown Interfaith Housing Inc significantly enhances the quality of life for elderly and physically disabled residents in Philadelphia, PA. By owning and operating a 96-unit affordable housing project, it provides vital support services and recreational activities that foster socialization and enrichment within a welcoming environment. This effort not only ensures that 95 of the 96 units are accessible to those in need but also creates a community atmosphere that promotes confidence and security for residents facing physical, social, or economic challenges. The organization's commitment to maintaining and enhancing the living conditions of its residents contributes to a more inclusive and supportive society.
This information is meant to be a general summary of Germantown Interfaith Housing 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 2023.
- Investment Income: $63,355
- Program Service Revenue: $430,628
- Gross Receipts: $1,677,985
Assets and Liabilities:
- Total Assets: $5,027,990
- Total Liabilities: $5,499,448
- Net Assets: -$471,458
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$430,628
Organization Details
Founding Year
1982
Principal Officer
John H Cochrane Iii
Website
www.humangood.orgNTEE Category
Code: L22 - Housing
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