Overview
What is Embury Apartments Inc?
Embury Apartments Inc, located at 133 Lawrence Street, Saratoga Springs, NY 12866, is a dedicated nonprofit organization that provides affordable housing to seniors. Their mission is to uphold the independence of their residents throughout their aging process. Embury Apartments Inc, part of the larger Wesley Community, is deeply rooted in philanthropy. The management team annually contributes over 800 hours of their personal time to local organizations, supporting various not-for-profit initiatives in the community. Their efforts extend beyond housing, with staff members regularly contributing to organizations like the Alzheimer's Association, Saratoga Planning Board, and the Saratoga Springs Lions Club. Furthermore, the Wesley Campus regularly hosts activities and meetings for over 15 not-for-profit organizations. Embury Apartments Inc, with 13 employees, offers 192 units of housing, primarily Section 8 and Section 236 HUD housing.
Official website here: www.thewesleycommunity.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Embury Apartments Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The overall score of 96% is derived entirely from its accountability and finance metrics, indicating a rigorous approach to governance and fiscal responsibility. This high rating signifies that the organization is well-managed and maintains a strong financial health, which is crucial for donor confidence.
The nonprofit demonstrates exceptional governance practices with a fully independent board of directors, comprising nine members. It has put in place several policies such as conflict of interest, whistleblower protections, and document retention, all of which enhance operational transparency. The organization also maintains a very low liabilities to assets ratio of 0.26%, further solidifying its financial stability.
However, while the organization excels in financial management and governance, there are no additional details provided on its programmatic impact or the specific services it delivers. This could limit potential donors' understanding of how their contributions directly benefit the community served by Embury Apartments Inc. Overall, the nonprofit stands out for its operational integrity and effective management.
This AI summary has been generated from information found on Charity Navigator.
Is Embury Apartments Inc legitimate?
Embury Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Embury 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: $61,868
Professional Fundraising Fees: $0
Other Salaries and Wages: $269,434
For more financial information, click here
Official website here: www.thewesleycommunity.org
What is the mission statement of Embury Apartments Inc?
Embury Apartments Inc's mission is centered around providing affordable independent housing for seniors, with a strong focus on maintaining their independence throughout the aging process. The organization, managed by Embury Apartments Inc., offers a total of 192 units, a mix of Section 8 and Section 236 HUD housing. In 2022, approximately 229 seniors resided in these apartments, benefiting from the emphasis on independence. Furthermore, Embury Apartments Inc. demonstrates a philanthropic spirit, with its management team donating over 800 hours annually to support local not-for-profit organizations. The Wesley Community, which includes Embury Apartments, regularly hosts activities and meetings for over 15 not-for-profit organizations, contributing to the community's overall well-being.
Official website here: www.thewesleycommunity.org
Who is the CEO of Embury Apartments Inc?
J Brian Nealon is the Ceo of Embury Apartments Inc. The CEO's salary of Embury Apartments Inc is $0 and their total compensation is $316,214.
Official website here: www.thewesleycommunity.org
What is the revenue of Embury Apartments Inc?
Embury Apartments Inc's revenue in 2022 was $1,277,576.
Official website here: www.thewesleycommunity.org
Who are the executives of Embury Apartments Inc and what are their salaries?
The average compensation at Embury Apartments Inc during 2022 was $25,485. There are 13 employees and 9 volunteers at Embury Apartments Inc.
Here are 12 key members and their salaries (Embury Apartments Inc's CEO's salary is $0 and their total compensation is $316,214):
- Compensation: $0
- Related: $304,000
- Other: $12,214
- Compensation: $0
- Related: $177,089
- Other: $0
- Compensation: $0
- Related: $113,250
- Other: $10,800
- 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thewesleycommunity.org
Where can I find the form 990 for Embury Apartments Inc?
Embury Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thewesleycommunity.org
Learn more at the official website: www.thewesleycommunity.org
Mission Statement of Embury Apartments Inc
Embury Apartments Inc, a nonprofit organization, is dedicated to providing affordable independent housing for seniors. Their mission is centered around preserving the seniors' independence throughout their aging process. The organization, owned by Embury Associates, LP and managed by Embury Apartments Inc, houses approximately 229 seniors in a total of 192 units, which include Section 8 and Section 236 HUD housing. Embury Apartments Inc strives to maintain the seniors' autonomy and provide a comfortable living environment for them.
Beyond its primary mission, Embury Apartments Inc is deeply committed to supporting the local community. The organization and its staff contribute over 800 hours annually to various local organizations, furthering the not-for-profit needs in their community. Embury Apartments Inc regularly hosts activities and meetings for over 15 not-for-profit organizations, demonstrating its dedication to community involvement and support. By offering affordable housing and actively engaging with the community, Embury Apartments Inc aims to create a positive impact on the lives of seniors and the community as a whole.
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Impact
October, 2024
Embury Apartments Inc plays a vital role in enhancing the quality of life for seniors in Saratoga Springs, NY, by offering affordable independent housing that prioritizes maintaining independence throughout the aging process. In 2022, they provided homes for approximately 229 seniors, ensuring access to safe and affordable living spaces tailored for the elderly.
Beyond just housing, Embury Apartments fosters a strong sense of community and support. The management actively contributes more than 800 hours annually to local organizations, reinforcing a culture of philanthropy within the Wesley Community. Staff members engage with various local initiatives, supporting causes such as Alzheimer's awareness, the arts, and community service organizations.
Embury Apartments also serves as a hub for over 15 nonprofit organizations, hosting their activities and meetings, which further strengthens community ties and allows for collaboration among various groups dedicated to enhancing the area's social fabric. Through these efforts, Embury Apartments Inc significantly impacts the lives of seniors, promoting independence while bolstering community engagement and support.
This information is meant to be a general summary of Embury 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: $181,312
- Program Service Revenue: $1,090,528
- Gross Receipts: $5,072,657
Assets and Liabilities:
- Total Assets: $14,895,102
- Total Liabilities: $39,775
- Net Assets: $14,855,327
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUILDING INCOME
Revenue
$553,923
PROPERTY MANAGEMENT
Revenue
$536,605
Organization Details
Founding Year
1970
Phone
(518) 587-3600Principal Officer
J Brian Nealon
Main Address
133 LAWRENCE STREET, SARATOGA SPRINGS, NY, 12866
Website
www.thewesleycommunity.orgNTEE Category
Code: L22Z - Housing
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