Overview
What is Avenue Of The Arts Presbyterian - Psc Apartments Inc?
Avenue of the Arts Presbyterian - Psc Apartments Inc, also known as Reed Street Presbyterian Apartments, is a nonprofit organization located in Lafayette Hill, Pennsylvania. Their primary mission is to manage and maintain an 85-unit affordable housing complex specifically designed for the elderly and physically disabled. The apartment building, located in Philadelphia, offers support services and recreational activities to facilitate socialization and enrichment for all its residents. The organization's goal is to create a positive and welcoming environment for its residents, ensuring everyone, regardless of their physical, social, or economic circumstances, has the opportunity to live with enthusiasm, confidence, and security. The nonprofit employs a team of 5 individuals to achieve its mission.
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)
Avenue Of The Arts Presbyterian - Psc Apartments Inc has received an 81% rating from Charity Navigator, indicating a solid performance in the areas of accountability and finance. This rating is derived solely from their accountability and finance score, which reflects the organization's commitment to transparency and responsible financial management.
The organization showcases several strengths, including a high percentage of independent board members, with 87% of board members meeting this criterion. Furthermore, they have a strong program expense ratio of 91.76%, demonstrating that a significant portion of their funds is allocated directly to their programs rather than administrative costs. The charity also adheres to robust policies regarding conflict of interest, whistleblower protection, and document retention, which adds to its credibility.
While the organization has demonstrated effective governance and financial stewardship, the rating highlights that it relies entirely on one beacon score, which may limit a comprehensive assessment of its overall impact. Nonetheless, the strong independent oversight and commitment to accountability make Avenue Of The Arts Presbyterian - Psc Apartments Inc a trustworthy option for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Avenue Of The Arts Presbyterian - Psc Apartments Inc legitimate?
Avenue Of The Arts Presbyterian - Psc Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Avenue Of The Arts Presbyterian - Psc 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: $190,914
For more financial information, click here
Official website here: www.humangood.org
What is the mission statement of Avenue Of The Arts Presbyterian - Psc Apartments Inc?
Avenue of the Arts Presbyterian - Psc Apartments Inc, as stated in their mission, strives 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 the residents of their community, deserves this chance.
Humangood, as they refer to themselves, operates an 85-unit affordable housing community. They offer support services and recreational activities within this community, aiming to facilitate increased socialization and enrichment for all residents. This is done in a positive and welcoming environment, with 84 out of the 85 units being available for residence.
Official website here: www.humangood.org
Who is the CEO of Avenue Of The Arts Presbyterian - Psc Apartments Inc?
John H Cochrane Iii is the President/Chief Executive Officer of Avenue Of The Arts Presbyterian - Psc Apartments Inc. The CEO's salary of Avenue Of The Arts Presbyterian - Psc Apartments Inc is $0 and their total compensation is $1,071,394.
Official website here: www.humangood.org
What is the revenue of Avenue Of The Arts Presbyterian - Psc Apartments Inc?
Avenue Of The Arts Presbyterian - Psc Apartments Inc's revenue in 2022 was $904,524.
Official website here: www.humangood.org
Who are the executives of Avenue Of The Arts Presbyterian - Psc Apartments Inc and what are their salaries?
The average compensation at Avenue Of The Arts Presbyterian - Psc Apartments Inc during 2022 was $38,183. There are 5 employees and 7 volunteers at Avenue Of The Arts Presbyterian - Psc Apartments Inc.
Here are 17 key members and their salaries (Avenue Of The Arts Presbyterian - Psc Apartments Inc's CEO's salary is $0 and their total compensation is $1,071,394):
- Compensation: $0
- Related: $73,000
- 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: $552,085
- Other: $38,623
- Compensation: $0
- Related: $472,179
- Other: $16,199
- Compensation: $0
- Related: $434,627
- Other: $38,817
- Compensation: $0
- Related: $786,516
- Other: $43,528
- 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 Avenue Of The Arts Presbyterian - Psc Apartments Inc?
Avenue Of The Arts Presbyterian - Psc 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 Avenue Of The Arts Presbyterian - Psc Apartments Inc
Avenue of the Arts Presbyterian - PSC Apartments Inc, as an organization, is committed to the belief that everyone, regardless of their physical, social, or economic circumstances, deserves to live with enthusiasm, confidence, and security. This mission statement reflects the organization's dedication to promoting well-being and inclusivity for all individuals.
At Avenue of the Arts Presbyterian - PSC Apartments Inc, this mission is carried out through the operation and maintenance of an 85-unit affordable housing community. This community, specifically designed for the elderly and physically disabled, offers more than just a place to live. The organization provides support services and recreational activities within the housing complex, fostering an environment that encourages socialization and enrichment. By doing so, the residents are able to live in a positive and welcoming atmosphere.
In line with its mission, 84 of the 85 units in the housing complex are made available to residents, ensuring that affordable housing is within reach for many. This commitment to providing affordable living options for vulnerable populations is a testament to Avenue of the Arts Presbyterian - PSC Apartments Inc's dedication to promoting well-being and inclusivity for all.
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Impact
October, 2024
Avenue Of The Arts Presbyterian - Psc Apartments Inc significantly impacts the Philadelphia community by providing an affordable housing option tailored for the elderly and physically disabled. The organization operates an 85-unit apartment community that addresses the critical need for accessible living spaces for individuals facing various challenges related to age and disability.
By fostering a supportive environment, Avenue Of The Arts enhances the lives of its residents through dedicated maintenance and the provision of essential support services and recreational activities. These initiatives encourage increased socialization, allowing residents to engage with one another and participate in enriching experiences that contribute to their overall well-being.
The mission reflects a commitment to ensuring that all individuals, regardless of their circumstances, have the opportunity to live with enthusiasm, confidence, and security. This holistic approach not only improves the quality of life for residents but also strengthens the fabric of the community by promoting inclusivity and connection among individuals from diverse backgrounds.
This information is meant to be a general summary of Avenue Of The Arts Presbyterian - Psc 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: $26
- Program Service Revenue: $384,325
- Gross Receipts: $904,524
Assets and Liabilities:
- Total Assets: $4,526,079
- Total Liabilities: $8,368,009
- Net Assets: -$3,841,930
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$384,325
Organization Details
Founding Year
1995
Phone
(610) 834-1001Principal Officer
John H Cochrane Iii
Main Address
2000 JOSHUA ROAD, LAFAYETTE HILL, PA, 194442430
Website
www.humangood.orgNTEE Category
Code: L21 - Housing
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