Overview
What is St Joseph Apartments Inc?
St. Joseph Apartments Inc, located in Erie, Pennsylvania, is a nonprofit organization that focuses on providing affordable housing for elderly and non-elderly individuals with low to moderate income. Operating through its management agent, Housing and Neighborhood Development Service (HANDS), they offer 202 units that cater to this demographic. The primary mission of St. Joseph Apartments Inc is to maintain and uphold these affordable apartment homes, ensuring they remain suitable for the physically disabled adults they serve.
Official website here: www.hands-erie.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
St Joseph Apartments Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain operational aspects despite a strong performance in accountability and finance, scoring 100% in this category. The organization demonstrates a strong governance structure with a completely independent board and effective management of assets, ensuring that resources are primarily directed towards its mission.
However, there are notable limitations that detract from its overall rating. The absence of critical policies, such as a whistleblower policy and a document retention and destruction policy, raises concerns about transparency and governance practices. These missing elements suggest areas where the organization could enhance its accountability and safeguard its operations.
Financially, St Joseph Apartments Inc shows a robust program expense ratio of 84.43%, indicating that a significant portion of its expenses are allocated toward programmatic activities. While this is a positive sign of mission-driven spending, the organization's governance policies warrant attention to improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is St Joseph Apartments Inc legitimate?
St Joseph Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Joseph 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:
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Official website here: www.hands-erie.org
What is the mission statement of St Joseph Apartments Inc?
St. Joseph Apartments Inc is dedicated to providing and maintaining affordable apartment homes for both elderly and non-eldery physically disabled adults. Through their management agency Housing and Neighborhood Development Service (HANDS), they offer 202 attractive and affordable rental housing units to individuals with very-low, low, and moderate income levels. Their mission aims to contribute to the community by providing a living space that caters to the specific needs of this particular group of individuals.
Official website here: www.hands-erie.org
Who is the CEO of St Joseph Apartments Inc?
Sharon Richardson is the Board Chair of St Joseph Apartments Inc.
Official website here: www.hands-erie.org
What is the revenue of St Joseph Apartments Inc?
St Joseph Apartments Inc's revenue in 2022 was $1,729,473.
Official website here: www.hands-erie.org
Who are the executives of St Joseph Apartments Inc and what are their salaries?
There 14 volunteers at St Joseph Apartments Inc.
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Official website here: www.hands-erie.org
Where can I find the form 990 for St Joseph Apartments Inc?
St Joseph Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hands-erie.org
Learn more at the official website: www.hands-erie.org
Mission Statement of St Joseph Apartments Inc
St. Joseph Apartments Inc, through its management agency Housing and Neighborhood Development Service (HANDS), is dedicated to providing and maintaining affordable apartment homes for the elderly and non-elderly physically disabled adults. Their mission is to make attractive and affordable rental housing units available for individuals with very-low, low, and moderate incomes, ensuring that these vulnerable populations have a safe and comfortable living space. By offering these affordable apartments, St. Joseph Apartments Inc plays a significant role in supporting the well-being and independence of these individuals, allowing them to maintain a decent standard of living despite their financial constraints.
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Impact
October, 2024
St. Joseph Apartments Inc. plays a significant role in enhancing the quality of life for elderly and non-elderly physically disabled adults in Erie, PA. By providing 202 affordable rental housing units, the organization addresses the critical need for accessible and attractive living spaces tailored to very-low, low, and moderate-income individuals.
The impact of St. Joseph Apartments extends beyond housing; it fosters a sense of community and stability for residents who might otherwise struggle to find suitable accommodation. This provision of affordable homes supports the independence and dignity of its residents, allowing them to lead fulfilling lives in an environment that meets their specific needs. Moreover, by maintaining high standards for these apartment homes, St. Joseph Apartments Inc. contributes to the overall health and well-being of its residents, creating a welcoming atmosphere that promotes social engagement and a strong community spirit.
This information is meant to be a general summary of St Joseph 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: $151,553
- Program Service Revenue: $876,211
- Gross Receipts: $1,729,473
Assets and Liabilities:
- Total Assets: $6,482,023
- Total Liabilities: $1,190,807
- Net Assets: $5,291,216
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$876,211
Organization Details
Founding Year
1966
Phone
(814) 453-3333Principal Officer
Sharon Richardson
Main Address
7 EAST 7TH STREET, ERIE, PA, 165011105
Website
www.hands-erie.orgNTEE Category
Code: L200 - Housing
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