Overview
What is Salem Lodge Of B'Nai B'Rith Housing Corp?
Salem Lodge Of B'Nai B'Rith Housing Corp is a nonprofit organization situated in Harrisburg, Pennsylvania. Their primary focus is to operate a low-income housing project specifically catering to the elderly, with a total of 195 units. They adhere to HUD Section 207 and Section 223(F) of the National Housing Act. The organization's mission is multifaceted, encompassing the provision of rental housing for elderly individuals and offering various services to address their physical, social, and psychological needs. This comprehensive approach aims to contribute positively to the elderly's well-being, promoting their wealth, security, happiness, and overall usefulness, allowing them to live longer with comfort and dignity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating
Salem Lodge Of B'Nai B'Rith Housing Corp has received a Three-Star rating due to its overall score of 79%, which is primarily based on its Accountability & Finance metrics. The organization demonstrates strong governance, with an independent board comprised entirely of members who contribute to effective oversight. Key areas of strength include a perfect score in financial statement audits, material diversion of assets, and the implementation of critical policies such as conflict of interest and whistleblower protections.
However, the organization faces challenges reflected in its financial ratios. The program expense ratio is commendable at 77.86%, indicating that a significant portion of its budget is directed toward its programs. Conversely, the liabilities to assets ratio is notably high at 105.08%, which suggests potential financial strain or a reliance on liabilities that may impact its long-term sustainability. Such financial metrics may warrant closer scrutiny for prospective donors and stakeholders considering their support.
This AI summary has been generated from information found on Charity Navigator.
Is Salem Lodge Of B'Nai B'Rith Housing Corp legitimate?
Salem Lodge Of B'Nai B'Rith Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salem Lodge Of B'Nai B'Rith Housing 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: $47,095
Professional Fundraising Fees: $0
Other Salaries and Wages: $281,852
For more financial information, click here
What is the mission statement of Salem Lodge Of B'Nai B'Rith Housing Corp?
The mission of Salem Lodge Of B'Nai B'Rith Housing Corp is primarily focused on providing rental housing and related facilities for elderly individuals. Moreover, they aim to offer services designed to cater to the physical, social, and psychological needs of the elderly. These services aim to enhance their wealth, security, happiness, and overall usefulness, enabling them to live longer in a fulfilling manner. The corporation operates a 195-unit low-income housing project for the elderly under HUD Section 207, adhering to Section 223(F) of the National Housing Act.
Who is the CEO of Salem Lodge Of B'Nai B'Rith Housing Corp?
Craig Adler is the President of Salem Lodge Of B'Nai B'Rith Housing Corp.
What is the revenue of Salem Lodge Of B'Nai B'Rith Housing Corp?
Salem Lodge Of B'Nai B'Rith Housing Corp's revenue in 2022 was $1,796,000.
Who are the executives of Salem Lodge Of B'Nai B'Rith Housing Corp and what are their salaries?
There 8 volunteers at Salem Lodge Of B'Nai B'Rith Housing Corp.
Here are 6 key members and their salaries:
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- Other: $0
Where can I find the form 990 for Salem Lodge Of B'Nai B'Rith Housing Corp?
Salem Lodge Of B'Nai B'Rith Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Salem Lodge Of B'Nai B'Rith Housing Corp
Salem Lodge of B'Nai B'Rith Housing Corp is dedicated to serving the needs of elderly individuals. Their primary objective is to provide suitable rental housing and related facilities for this demographic. Beyond housing, they aim to cater to the physical, social, and psychological needs of the elderly. The corporation strives to enhance the wealth, security, happiness, and overall utility of elderly residents, enabling them to live fulfilling lives for an extended period. They achieve this goal through their operation of a 195-unit low-income housing project for the elderly, following guidelines set by the U.S. Department of Housing and Urban Development (HUD) under Section 207, as per Section 223(F) of the National Housing Act.
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Impact
October, 2024
Salem Lodge Of B'Nai B'Rith Housing Corp significantly impacts the community by providing affordable rental housing specifically designed for elderly residents. Operating a 195-unit, low-income housing project in Harrisburg, Pennsylvania, it plays a crucial role in addressing the housing needs of senior citizens. The organization not only offers safe and affordable living spaces but also implements services that cater to the physical, social, and psychological needs of older adults. This holistic approach enhances their quality of life, encouraging independence and well-being.
By focusing on the unique requirements of the aged, Salem Lodge contributes to their security and happiness, ultimately enabling them to lead fulfilling lives. The provision of supportive services helps seniors maintain their health and social connections, fostering a sense of community and belonging. This impact extends beyond individual residents, as it strengthens the overall fabric of the community by ensuring that its older members have the necessary resources to thrive.
This information is meant to be a general summary of Salem Lodge Of B'Nai B'Rith Housing 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: $136
- Program Service Revenue: $1,716,922
- Gross Receipts: $1,796,000
Assets and Liabilities:
- Total Assets: $4,492,276
- Total Liabilities: $4,616,243
- Net Assets: -$123,967
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME FROM HOUSING
Revenue
$1,196,387
TENANT SUBSIDIES
Revenue
$367,390
FURNITURE AND TV RENTALS
Revenue
$83,205
PARKING LOT INCOME
Revenue
$57,888
OTHER FEES AND CHARGES
Revenue
$12,052
Organization Details
Founding Year
1972
Phone
(717) 232-7516Principal Officer
Craig Adler
Main Address
130 SOUTH 3RD STREET, HARRISBURG, PA, 17101
NTEE Category
Code: L22 - Housing
If you are a representative of Salem Lodge Of B'Nai B'Rith Housing Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.