Overview
What is Southwest Philadelphia Presbytery Apartments Inc?
Southwest Philadelphia Presbytery Apartments Inc, also known as Mary Field Apartments, is a nonprofit organization situated in Lafayette Hill, Pennsylvania. The organization manages and maintains a 99-unit affordable housing complex specifically designed for the elderly and physically disabled residents. These units are available to meet the housing needs of this particular population. The nonprofit goes beyond just providing housing, offering support services and recreational activities to foster increased socialization and enrichment for all residents. With a positive and welcoming environment, the organization aims to provide everyone, regardless of physical, social, or economic circumstances, with the opportunity to live with enthusiasm, confidence, and security. The organization employs a team of three individuals to carry out these initiatives.
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)
Southwest Philadelphia Presbytery Apartments Inc has achieved a solid rating of 81%, reflecting a strong commitment to accountability and finance. The overall score is based entirely on the Accountability & Finance beacon, indicating that the organization demonstrates transparency and responsible management of its financial resources. This rating highlights the importance of trustworthiness in nonprofit operations.
The organization shows notable strengths with a 55% majority of independent board members and a robust independent board size. It has received full marks for various governance practices, including having an audit and oversight committee, a conflict of interest policy, and a whistleblower policy. The program expense ratio is impressive at 89.90%, suggesting that a significant portion of its resources is dedicated to its programs rather than administrative costs.
However, while the financial accountability is commendable, the rating does not address the effectiveness of its programs or impact on the community directly. Potential donors may want to seek additional information regarding the organization's outcomes and service delivery to better understand its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Southwest Philadelphia Presbytery Apartments Inc legitimate?
Southwest Philadelphia Presbytery Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Philadelphia Presbytery Apartments 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: $162,018
For more financial information, click here
Official website here: www.humangood.org
What is the mission statement of Southwest Philadelphia Presbytery Apartments Inc?
Southwest Philadelphia Presbytery Apartments Inc, as per their mission statement at Humangood, aims to provide everyone, regardless of physical, social, or economic circumstances, with the opportunity to live with enthusiasm, confidence, and security. Their belief is that everyone, including those in need, deserves such a living condition. The organization operates an affordable housing project, specifically a 100-unit building, offering support services and recreational activities to facilitate increased socialization and enrichment for its residents. These activities are designed to create a positive and welcoming environment for all, with 99 units available for elderly and physically disabled individuals.
Official website here: www.humangood.org
Who is the CEO of Southwest Philadelphia Presbytery Apartments Inc?
John H Cochrane Iii is the President/Chief Executive Officer of Southwest Philadelphia Presbytery Apartments Inc. The CEO's salary of Southwest Philadelphia Presbytery Apartments Inc is $0 and their total compensation is $459,828.
Official website here: www.humangood.org
What is the revenue of Southwest Philadelphia Presbytery Apartments Inc?
Southwest Philadelphia Presbytery Apartments Inc's revenue in 2022 was $1,084,922.
Official website here: www.humangood.org
Who are the executives of Southwest Philadelphia Presbytery Apartments Inc and what are their salaries?
The average compensation at Southwest Philadelphia Presbytery Apartments Inc during 2022 was $54,006. There are 3 employees and 5 volunteers at Southwest Philadelphia Presbytery Apartments Inc.
Here are 19 key members and their salaries (Southwest Philadelphia Presbytery Apartments 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 Southwest Philadelphia Presbytery Apartments Inc?
Southwest Philadelphia Presbytery Apartments 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 Southwest Philadelphia Presbytery Apartments Inc
Southwest Philadelphia Presbytery Apartments Inc, an organization committed to human kindness, believes that everyone deserves to live with enthusiasm, confidence, and security, irrespective of their physical, social, or economic circumstances. This belief extends to all individuals, including those who reside within their community.
The organization's primary activity involves the ownership and operation of an affordable housing project consisting of 100 units in Philadelphia, Pennsylvania. Among these units, 99 are specifically designated for the elderly and physically disabled residents. Alongside providing housing, Southwest Philadelphia Presbytery Apartments Inc also offers supportive services and recreational activities to facilitate increased socialization and enrichment for all its residents. These activities are designed to create a positive and welcoming environment that encourages community engagement and personal growth.
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Impact
October, 2024
Southwest Philadelphia Presbytery Apartments Inc provides a vital resource for the community by operating a 100-unit affordable housing project specifically designed for the elderly and physically disabled. By maintaining a welcoming environment, they not only offer housing but also enhance the quality of life for residents through support services and recreational activities. These initiatives promote socialization and community engagement, fostering a sense of belonging that is crucial for individuals who may otherwise experience isolation.
The organization’s commitment to ensuring that 99 of the 100 units are accessible to those in need reflects its mission to empower residents to live with enthusiasm, confidence, and security. This effort plays a significant role in addressing the challenges faced by vulnerable populations, ultimately contributing to a more inclusive and supportive community.
This information is meant to be a general summary of Southwest Philadelphia Presbytery Apartments 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: $57
- Program Service Revenue: $408,337
- Gross Receipts: $1,084,922
Assets and Liabilities:
- Total Assets: $2,190,948
- Total Liabilities: $7,105,928
- Net Assets: -$4,914,980
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$408,337
Organization Details
Founding Year
1992
Phone
(610) 834-1001Principal Officer
John H Cochrane Iii
Main Address
2000 JOSHUA ROAD, LAFAYETTE HILL, PA, 19444
Website
www.humangood.orgNTEE Category
Code: L200 - Housing
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