Overview
What is St Paul Apartments Inc?
St. Paul Apartments Inc is a nonprofit organization situated in Macon, Georgia, at 1330 Forsyth Street. Their primary focus and mission are to offer housing and related services specifically tailored to meet the physical, social, and psychological needs of the elderly population. They operate on a non-profit basis, providing elderly families and individuals with rental housing and associated facilities. With a dedicated workforce of 19 employees, St. Paul Apartments Inc aims to create an environment that caters to the unique needs of the elderly, enhancing their overall quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Star Rating
St Paul Apartments Inc has received a high rating of 91%, indicating strong performance in the area of Accountability & Finance. This rating is significant as it highlights the organization's commitment to transparency and responsible management of resources. The charity boasts a fully independent board, with all members meeting the criteria for independence, which enhances its governance practices.
The organization excels in financial oversight, having scored full points in various categories, including its conflict of interest policy and whistleblower policy. Additionally, it maintains a solid program expense ratio of 85.25%, signifying that a substantial portion of its expenditures is directed towards its mission-related activities. The lack of material diversion of assets further reinforces its integrity in financial management.
Despite its strengths, the liabilities to assets ratio stands at 54.54%, suggesting there may be areas for improvement in managing debts relative to its assets. Overall, St Paul Apartments Inc demonstrates a robust operational framework, with a clear focus on accountability and effective resource allocation, making it a reputable nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is St Paul Apartments Inc legitimate?
St Paul Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Paul 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: $405,876
For more financial information, click here
What is the mission statement of St Paul Apartments Inc?
St. Paul Apartments Inc. is committed to providing elderly families and individuals with rental housing and related facilities and services on a non-profit basis. The organization's mission is specifically geared towards meeting the physical, social, and psychological needs of the elderly population. By doing so, St. Paul Apartments Inc. aims to enhance their quality of life and promote their well-being. The organization offers a range of services that cater to the unique needs of the elderly, ensuring they live in an environment that is conducive to their health and happiness.
Who is the CEO of St Paul Apartments Inc?
Hank Millis is the President of St Paul Apartments Inc.
What is the revenue of St Paul Apartments Inc?
St Paul Apartments Inc's revenue in 2022 was $1,814,290.
Who are the executives of St Paul Apartments Inc and what are their salaries?
The average compensation at St Paul Apartments Inc during 2022 was $21,362. There are 19 employees at St Paul Apartments Inc.
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Where can I find the form 990 for St Paul Apartments Inc?
St Paul Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Paul Apartments Inc
St. Paul Apartments Inc is dedicated to providing elderly families and individuals with affordable housing and related facilities and services that cater to their physical, social, and psychological needs. The non-profit organization's mission is to offer a living space specifically designed to meet the unique requirements of the elderly population, ensuring their overall well-being. By offering rental housing on a non-profit basis, St. Paul Apartments Inc aims to make a positive impact in the lives of the elderly, providing them with a secure and supportive environment.
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Impact
October, 2024
St. Paul Apartments Inc. significantly impacts the lives of elderly individuals and families in Macon, GA, by providing rental housing and essential services specifically tailored to meet their unique needs. By focusing on the physical, social, and psychological well-being of the aged, the organization creates a supportive environment that fosters community and connection among residents.
Residents benefit from well-designed housing that enhances their quality of life, allowing them to maintain independence while also accessing necessary support services. This initiative helps alleviate the challenges faced by elderly individuals, such as isolation and limited mobility, promoting a sense of belonging and overall well-being. The thoughtful design of facilities and services ensures that the elderly population can thrive in a safe and nurturing setting, ultimately contributing to healthier, happier lives in the community.
This information is meant to be a general summary of St Paul 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: $5,340
- Program Service Revenue: $1,675,770
- Gross Receipts: $1,814,290
Assets and Liabilities:
- Total Assets: $3,032,254
- Total Liabilities: $1,788,618
- Net Assets: $1,243,636
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD RENT SUBSIDY
Revenue
$936,965
TENANT RENT
Revenue
$738,805
Organization Details
Founding Year
1968
Phone
(478) 745-0829Principal Officer
Hank Millis
Main Address
1330 FORSYTH STREET, MACON, GA, 31201
NTEE Category
Code: L22 - Housing
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