Overview
What is Munhall Road Apartments Inc?
Munhall Road Apartments Inc, situated in East Pittsburgh, Pennsylvania, is a dedicated nonprofit organization. Their primary focus is to offer property management, maintenance, technical assistance, and various supportive services to an elderly housing development. By doing so, they aim to enhance the living conditions and well-being of the elderly residents in this community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Star rating. This rating indicates significant concerns regarding the organization’s accountability and financial practices. The overall score is derived entirely from a single beacon score for Accountability & Finance, reflecting a lack of certain essential policies and the high liabilities to assets ratio.
Munhall Road Apartments Inc demonstrates some strengths, including a fully independent board with 100% independent members, a strong program expense ratio of 87.50%, and proper documentation of board meeting minutes. These factors suggest a commitment to transparency and effective governance in some areas.
However, notable shortcomings include a high liabilities to assets ratio of 158.11%, indicating potential financial instability. Additionally, the absence of several critical policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about overall governance and risk management practices. Overall, while the organization demonstrates some positive practices, significant areas for improvement are evident.
This AI summary has been generated from information found on Charity Navigator.
Is Munhall Road Apartments Inc legitimate?
Munhall Road Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Munhall Road 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: $29,995
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What is the mission statement of Munhall Road Apartments Inc?
Munhall Road Apartments Inc's mission is centered around providing comprehensive support services to an elderly housing development. This encompasses property management, regular maintenance, and technical assistance. Beyond these core functions, they also offer additional supportive services to ensure the well-being of the residents. The organization's goal is to create a living environment that caters specifically to the needs of the elderly population.
Who is the CEO of Munhall Road Apartments Inc?
Matt Patsey is the President of Munhall Road Apartments Inc.
What is the revenue of Munhall Road Apartments Inc?
Munhall Road Apartments Inc's revenue in 2022 was $81,265.
Who are the executives of Munhall Road Apartments Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Munhall Road Apartments Inc?
Munhall Road Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Munhall Road Apartments Inc
Munhall Road Apartments Inc, as a nonprofit organization, is committed to providing property management, maintenance, technical assistance, and various supportive services to an elderly housing development. Their mission, in essence, is to ensure the well-being and comfort of the elderly residents living in this specific housing development. Through their property management services, they ensure the upkeep and maintenance of the property, ensuring a safe and clean living environment for the elderly residents. Furthermore, they offer technical assistance and other supportive services to address any unique needs that the elderly residents may have, aiming to enhance their quality of life.
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Impact
October, 2024
Munhall Road Apartments Inc significantly enhances the quality of life for residents in East Pittsburgh by offering essential housing assistance and supportive services to an elderly housing development. The organization focuses on property management, maintenance, and technical assistance, ensuring that the living environment is safe, accessible, and well-maintained for elderly individuals. By providing these vital services, Munhall Road Apartments Inc fosters a community where seniors can enjoy independence while receiving the support they need. Their commitment to maintaining a high standard of living contributes to the overall well-being of residents, helping to alleviate concerns related to aging in place. This creates a more stable and supportive environment that not only benefits the individual residents but also strengthens the broader community.
This information is meant to be a general summary of Munhall Road 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: $22
- Program Service Revenue: $48,791
- Gross Receipts: $81,265
Assets and Liabilities:
- Total Assets: $727,266
- Total Liabilities: $1,393,827
- Net Assets: -$666,561
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$48,791
Organization Details
Founding Year
1997
Phone
(412) 829-3910Principal Officer
Matt Patsey
Main Address
803 E PITTSBURGH PLAZA, EAST PITTSBURGH, PA, 15112
NTEE Category
Code: L80 - Housing
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