Overview
What is Grace Court Inc?
Grace Court Inc is a nonprofit organization situated in Lafayette Hill, Pennsylvania. Its primary focus is on providing affordable housing for the elderly and physically disabled, offering a 100-unit apartment building as a residence. The organization goes beyond mere housing, offering support services and recreational activities to promote socialization and personal enrichment. These activities aim to create a positive and welcoming environment for its residents. With a dedicated team of four employees, Grace Court Inc is committed to ensuring that everyone, regardless of their physical, social, or economic circumstances, can live with enthusiasm, confidence, and security.
Official website here: www.humangood.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Stars
Grace Court Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This score is solely based on the organization's Accountability & Finance metrics, indicating a strong commitment to financial health and transparency. The evaluation is particularly positive, as the charity demonstrated no material diversion of assets and has robust policies in place for conflict of interest, whistleblower protection, and document retention.
The charity has a competent board structure, with 55% of its members being independent. Additionally, it scored full points in various areas such as financial statements oversight and board meeting documentation. The high program expense ratio of 95.23% suggests that the majority of its funds are directed toward its programs rather than administrative costs, which is a good indicator of effective resource utilization.
While the overall performance in accountability and finance is commendable, the rating does not provide insights into the charity's programmatic impact or the effectiveness of its services. Therefore, potential donors may wish to seek additional information regarding the organization's specific programs and their outcomes to gain a fuller picture of its contributions to the community.
This AI summary has been generated from information found on Charity Navigator.
Is Grace Court Inc legitimate?
Grace Court Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Court 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: $176,779
For more financial information, click here
Official website here: www.humangood.org
What is the mission statement of Grace Court Inc?
Grace Court Inc's mission, as stated by Humangood, is centered around providing opportunities for everyone to live with enthusiasm, confidence, and security, regardless of their physical, social, or economic circumstances. This organization extends its mission to include individuals who are elderly or physically disabled, operating and maintaining a 100-unit affordable housing project. The organization goes beyond providing shelter by offering support services and recreational activities, aiming to foster increased socialization and enrichment for all residents in a positive and welcoming environment.
Official website here: www.humangood.org
Who is the CEO of Grace Court Inc?
John H Cochrane Iii is the President/Chief Executive Officer of Grace Court Inc. The CEO's salary of Grace Court Inc is $0 and their total compensation is $459,828.
Official website here: www.humangood.org
What is the revenue of Grace Court Inc?
Grace Court Inc's revenue in 2022 was $1,305,612.
Official website here: www.humangood.org
Who are the executives of Grace Court Inc and what are their salaries?
The average compensation at Grace Court Inc during 2022 was $44,195. There are 4 employees and 5 volunteers at Grace Court Inc.
Here are 19 key members and their salaries (Grace Court Inc's CEO's salary is $0 and their total compensation is $459,828):
- 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,032,339
- Other: $39,055
- Compensation: $0
- Related: $786,516
- Other: $43,528
- Compensation: $0
- Related: $552,085
- Other: $38,623
- Compensation: $0
- Related: $472,179
- Other: $16,199
- Compensation: $0
- Related: $434,627
- Other: $38,817
- Compensation: $0
- Related: $416,003
- Other: $43,825
- Compensation: $0
- Related: $263,168
- Other: $13,804
- Compensation: $0
- Related: $206,162
- Other: $33,272
- Compensation: $0
- Related: $242,424
- Other: $0
Official website here: www.humangood.org
Where can I find the form 990 for Grace Court Inc?
Grace Court Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.humangood.org
Learn more at the official website: www.humangood.org
Mission Statement of Grace Court Inc
Grace Court Inc, an organization dedicated to human goodness, believes in providing opportunities for everyone, regardless of their physical, social, or economic circumstances, to live with enthusiasm, confidence, and security. At the heart of Grace Court Inc's mission is the operation, maintenance, and support of a 100-unit affordable housing apartment building, specifically designed for the elderly and physically disabled. This apartment complex serves as a sanctuary, offering not only a place to reside but also essential support services and recreational activities. These offerings aim to facilitate increased socialization and enrichment for all residents, creating a positive and welcoming environment that encourages their overall well-being and quality of life.
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Impact
October, 2024
Grace Court Inc significantly enhances the quality of life for its residents by providing a 100-unit affordable housing project designed specifically for the elderly and physically disabled in Yeadon, PA. This initiative not only addresses critical housing needs but also fosters a supportive and enriching environment.
The organization operates and maintains the apartment building with a strong emphasis on community well-being, offering essential support services alongside various recreational activities. These programs are designed to facilitate increased socialization among residents, promoting a sense of belonging and community spirit.
By ensuring access to affordable housing, Grace Court Inc helps empower individuals to live with enthusiasm, confidence, and security, irrespective of their physical, social, or economic circumstances. The organization embodies a commitment to inclusivity and dignity, allowing every resident the opportunity to thrive in a positive and welcoming environment.
This information is meant to be a general summary of Grace Court 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: $304
- Program Service Revenue: $326,208
- Gross Receipts: $1,305,612
Assets and Liabilities:
- Total Assets: $6,903,938
- Total Liabilities: $7,612,387
- Net Assets: -$708,449
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$326,208
Organization Details
Founding Year
1984
Phone
(610) 834-1001Principal Officer
John H Cochrane Iii
Main Address
2000 JOSHUA ROAD, LAFAYETTE HILL, PA, 19444
Website
www.humangood.orgNTEE Category
Code: L21Z - Housing
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