Overview
What is Episcopal Gardensthompsontown Pa?
Episcopal Gardensthompsontown Pa is a nonprofit organization situated in East Petersburg, Pennsylvania. It specializes in providing affordable housing for low-income elderly and handicapped individuals, adhering to Section 202 of the National Housing Act. The organization manages 50 units within its scope, aiming to ensure adequate housing for those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 71%)
Episcopal Gardens has received a Two-Star rating from Charity Navigator, indicating a need for improvement, particularly in its financial accountability and transparency. While the organization has a strong independent board with 100% of its members being independent, it faces challenges in other areas such as missing policies for whistleblower protection and document retention, which are critical for governance.
The organization's financial management shows strengths as well; it has no reported material diversion of assets and achieves a high program expense ratio of 89.74%. This suggests that a significant portion of its resources is directed towards its programs, which is a positive aspect of its operations. However, the liabilities to assets ratio is notably high at 295.19%, raising concerns about its financial stability and sustainability.
Overall, while Episcopal Gardens demonstrates solid governance through an independent board and effective program spending, it needs to address its policy gaps and improve financial health to enhance its standing and trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Episcopal Gardensthompsontown Pa legitimate?
Episcopal Gardensthompsontown Pa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Episcopal Gardensthompsontown Pa 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: $55,631
For more financial information, click here
What is the mission statement of Episcopal Gardensthompsontown Pa?
The organization, named Episcopal Gardensthompsontown, is committed to providing low-income rental housing for eligible individuals. Specifically, they offer 50 units under Section 202 of the National Housing Act, which are intended for low-income elderly or handicapped persons. This housing initiative aims to provide a living space for those who may face financial challenges, ensuring they have access to suitable housing.
Who is the CEO of Episcopal Gardensthompsontown Pa?
The Rev Rebecca S Myers is the President of Episcopal Gardensthompsontown Pa.
What is the revenue of Episcopal Gardensthompsontown Pa?
Episcopal Gardensthompsontown Pa's revenue in 2022 was $481,986.
Who are the executives of Episcopal Gardensthompsontown Pa and what are their salaries?
There 6 volunteers at Episcopal Gardensthompsontown Pa.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Episcopal Gardensthompsontown Pa?
Episcopal Gardensthompsontown Pa's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Episcopal Gardensthompsontown Pa
Episcopal Gardenthompsontown Pa is committed to providing affordable housing solutions for the elderly and individuals with disabilities. In line with Section 202 of the National Housing Act, this nonprofit organization offers 50 units of low-income rental housing. The residence is specifically designed to cater to the needs of elderly or handicapped individuals, providing them with a secure and comfortable living environment. By offering these housing units, Episcopal Gardenthompsontown Pa plays a crucial role in addressing the housing needs of vulnerable populations, thereby contributing to their overall well-being and quality of life.
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Impact
July, 2024
Episcopal Gardensthompsontown in East Petersburg, PA, has a direct impact on the community by providing essential low-income rental housing under Section 202 of the National Housing Act. With 50 units available for low-income elderly or handicapped persons, this organization plays a crucial role in ensuring that vulnerable individuals have access to safe and affordable housing options. Through their mission of providing housing assistance to those in need, Episcopal Gardensthompsontown positively impacts the lives of many individuals who may otherwise struggle to find suitable accommodation.
This information is meant to be a general summary of Episcopal Gardensthompsontown Pa. 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: $65
- Program Service Revenue: $479,027
- Gross Receipts: $481,986
Assets and Liabilities:
- Total Assets: $540,629
- Total Liabilities: $1,696,296
- Net Assets: -$1,155,667
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE SUBSIDIES
Revenue
$341,925
RENTAL INCOME
Revenue
$137,102
Organization Details
Founding Year
1984
Phone
(717) 898-2292Principal Officer
The Rev Rebecca S Myers
Main Address
PO BOX 576, EAST PETERSBURG, PA, 175209998
NTEE Category
Code: L21Z - Housing
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