Overview
What is Allentown B'Nai B'Rith Housing Corporation?
Allentown B'Nai B'Rith Housing Corporation is a nonprofit organization, located at 1616 W Liberty Street, Allentown, Pennsylvania. Its primary mission is to offer subsidized housing solutions to the elderly and individuals with mobility issues. They accomplish this through partnerships with the U.S. Department of Housing and Urban Development (HUD), utilizing Section 8 Housing Assistance Payments and Section 207/223(F) Mortgage Insurance Programs. With a dedicated workforce of 19 individuals, the corporation aims to improve the quality of life for its eligible residents.
Official website here: www.abbhc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Allentown B'Nai B'Rith Housing Corporation has received a Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With an overall score of 81%, the organization demonstrates solid financial practices and transparency, indicating a commitment to responsible management of its resources.
The charity excels in several key areas, such as having a fully independent board and maintaining high standards for financial audits. The absence of material diversion of assets and the presence of comprehensive policies related to conflicts of interest and whistleblower protections further highlight its commitment to ethical governance. Additionally, a high program expense ratio of 85.06% signifies that a significant portion of its funds is directed toward its mission-driven activities.
However, while the rating indicates overall strength in accountability and finance, it is important to consider that this score is derived solely from financial metrics. Potential donors may want to explore additional aspects of the organization, such as its program outcomes and community impact, to gain a more rounded understanding of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Allentown B'Nai B'Rith Housing Corporation legitimate?
Allentown B'Nai B'Rith Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allentown B'Nai B'Rith Housing Corporation 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: $185,043
Professional Fundraising Fees: $0
Other Salaries and Wages: $695,712
For more financial information, click here
Official website here: www.abbhc.com
What is the mission statement of Allentown B'Nai B'Rith Housing Corporation?
Allentown B'Nai B'Rith Housing Corporation's mission is centered around providing subsidized housing for the elderly and mobility-impaired individuals. They achieve this goal through the utilization of two programs: Section 8 Housing Assistance Payments and Section 207/223(F) Mortgage Insurance Programs, which are overseen by the United States Department of Housing and Urban Development (HUD). The corporation's mission is to ensure that these vulnerable groups have access to affordable housing, enhancing their quality of life and providing them with a secure living environment.
Official website here: www.abbhc.com
Who is the CEO of Allentown B'Nai B'Rith Housing Corporation?
Ari Forgosh is the President of Allentown B'Nai B'Rith Housing Corporation.
Official website here: www.abbhc.com
What is the revenue of Allentown B'Nai B'Rith Housing Corporation?
Allentown B'Nai B'Rith Housing Corporation's revenue in 2023 was $3,258,896.
Official website here: www.abbhc.com
Who are the executives of Allentown B'Nai B'Rith Housing Corporation and what are their salaries?
The average compensation at Allentown B'Nai B'Rith Housing Corporation during 2023 was $46,356. There are 19 employees and 9 volunteers at Allentown B'Nai B'Rith Housing Corporation.
Here are 11 key members and their salaries:
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- Compensation: $32,897
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- Other: $12,110
- Compensation: $88,991
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- Other: $41,875
Official website here: www.abbhc.com
Where can I find the form 990 for Allentown B'Nai B'Rith Housing Corporation?
Allentown B'Nai B'Rith Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.abbhc.com
Learn more at the official website: www.abbhc.com
Mission Statement of Allentown B'Nai B'Rith Housing Corporation
Allentown B'Nai B'Rith Housing Corporation is dedicated to providing subsidized housing solutions for the elderly and mobility-impaired individuals. They achieve this mission through their engagement with the U.S. Department of Housing and Urban Development, specifically utilizing Section 8 Housing Assistance Payments and Section 207/223(F) Mortgage Insurance Programs. By leveraging these resources, Allentown B'Nai B'Rith Housing Corporation creates a supportive living environment that caters to the unique needs of its elderly and mobility-impaired residents. This nonprofit organization's primary goal is to ensure that these vulnerable individuals have access to safe and affordable housing, thereby promoting their overall well-being and independence.
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Impact
October, 2024
Allentown B'Nai B'Rith Housing Corporation plays a crucial role in enhancing the quality of life for elderly individuals and those with mobility impairments. By providing subsidized housing options, it ensures that vulnerable populations have access to safe and affordable living environments. The organization's commitment to utilizing funding from the U.S. Department of Housing and Urban Development allows them to offer necessary housing assistance through Section 8 Housing Assistance Payments and specific mortgage insurance programs.
This targeted support not only alleviates the financial burden on these individuals but also promotes independence, security, and community integration. Through its efforts, Allentown B'Nai B'Rith Housing Corporation significantly impacts the Allentown community, ensuring that elderly residents and those with disabilities can lead dignified and fulfilling lives.
This information is meant to be a general summary of Allentown B'Nai B'Rith Housing Corporation. 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 2023.
- Investment Income: $21,768
- Program Service Revenue: $3,117,841
- Gross Receipts: $3,258,896
Assets and Liabilities:
- Total Assets: $7,619,235
- Total Liabilities: $8,785,847
- Net Assets: -$1,166,612
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME RENTALS
Revenue
$3,117,841
Organization Details
Founding Year
1973
Phone
(610) 821-0207Principal Officer
Ari Forgosh
Main Address
1616 W LIBERTY STREET, ALLENTOWN, PA, 18102
Website
www.abbhc.comNTEE Category
Code: L500 - Housing
If you are a representative of Allentown B'Nai B'Rith Housing Corporation 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.