Overview
What is Legacy One Development Corp?
Legacy One Development Corp is a nonprofit organization situated in McKees Rocks, Pennsylvania. Their primary mission is to offer affordable housing to low-income individuals and provide a nurturing environment for adults with intellectual and developmental disabilities. This environment encourages personal growth, independence, and choice. The organization aims to enhance their residents' living standards and opportunities, thus contributing positively to their lives. The nonprofit is staffed by a dedicated team of one individual, striving to make a significant impact in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating.
Legacy One Development Corp has received a mixed evaluation with a Two-Star rating, reflecting an overall score of 71%. The organization displays strong performance in areas such as having a majority of independent board members and a high program expense ratio, with 84.44% of its expenses directed towards its programs. This suggests a commitment to effective use of resources in fulfilling its mission.
However, there are notable areas for improvement. The charity has received no points for financial statements, indicating a lack of transparency in its financial reporting. Additionally, key policies such as a whistleblower policy and document retention have not been established, which could affect accountability and governance. Addressing these gaps could enhance trust and credibility with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Legacy One Development Corp legitimate?
Legacy One Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy One Development Corp 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: $137,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $603,417
For more financial information, click here
What is the mission statement of Legacy One Development Corp?
Legacy One Development Corp is dedicated to serving two distinct groups: low-income individuals and individuals with intellectual and developmental disabilities. Their mission is to provide affordable housing for the former, creating a sense of security and stability. Simultaneously, they aim to offer a safe and nurturing environment for individuals with intellectual and developmental disabilities. This environment is designed to foster growth, independence, and choice, empowering these individuals to lead fulfilling lives. The organization's activities extend beyond housing, providing enhanced living services and improved lifestyle opportunities that cater to the unique needs of adults with intellectual disabilities.
Who is the CEO of Legacy One Development Corp?
Andrew Wimbish is the President of Legacy One Development Corp.
What is the revenue of Legacy One Development Corp?
Legacy One Development Corp's revenue in 2022 was $987,790.
Who are the executives of Legacy One Development Corp and what are their salaries?
The average compensation at Legacy One Development Corp during 2022 was $740,417. There is 1 employee at Legacy One Development Corp.
Here are 5 key members and their salaries:
- Compensation: $125,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Legacy One Development Corp?
Legacy One Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Legacy One Development Corp
Legacy One Development Corp is committed to providing affordable housing for low-income individuals and creating a safe and nurturing environment for individuals with intellectual and developmental disabilities. This mission aims to foster growth, independence, and choice for those in need. The organization's goal is to enhance the living experiences and improve lifestyle opportunities for adults with intellectual disabilities, providing them with a supportive and inclusive community. By offering affordable housing, Legacy One Development Corp strives to ensure that everyone has access to a secure place to call home, regardless of their financial situation or abilities. The organization's mission is a testament to its dedication to improving the lives of vulnerable individuals and empowering them to live independently and with dignity.
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Impact
October, 2024
Legacy One Development Corp significantly impacts the community by providing affordable housing to low-income individuals, addressing a crucial need in the area. By creating safe and nurturing environments for those with intellectual and developmental disabilities, the organization promotes growth, independence, and choice, enhancing the quality of life for its residents. The enhanced living services offered ensure that adults with intellectual disabilities receive the support they need to thrive, leading to improved lifestyle opportunities. This commitment not only helps individuals but also fosters a stronger, more inclusive community in McKees Rocks, PA.
This information is meant to be a general summary of Legacy One Development Corp. 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: $45,682
- Program Service Revenue: $921,201
- Gross Receipts: $1,522,084
Assets and Liabilities:
- Total Assets: $2,688,692
- Total Liabilities: $8,321
- Net Assets: $2,680,371
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR RESIDENTIAL SERVICES
Revenue
$921,201
Organization Details
Founding Year
1966
Phone
(412) 441-1239Principal Officer
Andrew Wimbish
Main Address
1800 PINE HOLLOW RD STE 4B, MCKEES ROCKS, PA, 15136
NTEE Category
Code: L21 - Housing
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