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Penn Apartments Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 232690315 ✦ York, PA ✦ Designated as a 501(c)(3)

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Overview

What is Penn Apartments Corporation?

Penn Apartments Corporation is a nonprofit organization that specializes in offering affordable housing for elderly and mentally challenged individuals. Guided by the regulations established by the United States Department of Housing and Urban Development (HUD), this organization maintains a total of seven apartments, which are rented out annually to financially disadvantaged, chronically mentally ill individuals who have proven their capability to live independently. The organization's mission is to provide a supportive living environment for its residents, promoting their independence and overall well-being.


Official website here: www.none

Is Penn Apartments Corporation legitimate?

Penn Apartments Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penn Apartments Corporation submitted a form 990EZ, 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.


Official website here: www.none

What is the mission statement of Penn Apartments Corporation?

Penn Apartments Corporation is dedicated to offering housing solutions for individuals with low income, specifically focusing on the elderly and those with mental health challenges. This organization adheres to the regulations set forth by the United States Department of Housing and Urban Development (HUD). The corporation manages seven apartment units, which are rented out year-round to individuals with a history of living independently while dealing with chronic mental illness. Penn Apartments Corporation's mission is to provide a safe and supportive living environment that empowers these individuals to maintain their independence.


Official website here: www.none

Who is the CEO of Penn Apartments Corporation?

Anthony Schweitzer is the Executive Director of Penn Apartments Corporation.


Official website here: www.none

What is the revenue of Penn Apartments Corporation?

Penn Apartments Corporation's revenue in 2022 was $71,436.


Official website here: www.none

Who are the executives of Penn Apartments Corporation and what are their salaries?


Here are 4 key members and their salaries:


Mark I Jacobs (Chairman (Until 07/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Annette Logan (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Schweitzer (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Patterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990EZ for Penn Apartments Corporation?

Penn Apartments Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Penn Apartments Corporation

Penn Apartments Corporation is a nonprofit organization dedicated to providing suitable housing for elderly individuals and those with mental disabilities. Under the guidelines set forth by the United States Department of Housing and Urban Development (HUD), the corporation maintains seven apartments that are rented out annually. These apartments are specifically designed for low-income individuals who have demonstrated the capacity to live independently despite their chronic mental illnesses. The mission of Penn Apartments Corporation is centered around supporting these vulnerable individuals, providing them with a safe and stable living environment where they can continue to lead independent lives.

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Impact




August, 2024

Penn Apartments Corporation's impact is significant in providing housing for low-income elderly and mentally handicapped individuals in York, PA. By maintaining 7 apartment units that are rented to chronically mentally ill persons who have shown the ability to live independently, the organization plays a crucial role in addressing the housing needs of this vulnerable population. This effort contributes to improving the quality of life and stability for those individuals, ensuring they have a safe and supportive environment to call home.




This information is meant to be a general summary of Penn Apartments Corporation. 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.

Revenue
$71,436 (2022)
Expenses
$63,384 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $125
  • Program Service Revenue: $69,512
  • Gross Receipts: $71,436

Assets and Liabilities:

  • Total Assets: $168,579
  • Total Liabilities: $398,152
  • Net Assets: -$229,573

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Organization Details

Principal Officer

Anthony Schweitzer

Main Address

160 S GEORGE ST, YORK, PA, 17401

Website

www.none

NTEE Category

Code: L21Z - Housing

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