Overview
What is Metowers Inc?
Metowers Inc is a nonprofit organization situated in Pittsburgh, Pennsylvania, primarily focused on providing subsidized housing for low-income elderly individuals. This retirement home or senior housing program is supported by the U.S. Department of Housing and Urban Development (HUD), ensuring affordable living opportunities for this specific demographic. The organization's mission is to offer a safe and supportive environment for the elderly, enabling them to maintain their independence and dignity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This rating indicates that Metowers Inc has strengths in its accountability and financial management, as the score is derived entirely from a single beacon focused on these aspects. The organization excels in various metrics, achieving perfect scores for board independence, documentation of board meeting minutes, and maintaining a low ratio of liabilities to assets.
Metowers Inc demonstrates excellent governance with 100% independent board members, showcasing a commitment to transparency and ethical oversight. With no material diversion of assets and full program expense allocation, the organization appears to be effectively utilizing its resources for its intended purposes.
However, the overall score of 73% reflects some limitations, particularly that it lacks a broader evaluation across multiple performance metrics, which could provide a more comprehensive view of its impact and effectiveness. While the financial accountability is commendable, potential donors may benefit from understanding additional areas of performance before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Metowers Inc legitimate?
Metowers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metowers 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: $347,941
For more financial information, click here
What is the mission statement of Metowers Inc?
Metowers Inc, being a retirement home or senior housing program, is dedicated to providing affordable housing options for the elderly with low income. Their mission, in simple terms, is to facilitate subsidized housing through the HUD, ensuring that elderly individuals have access to a secure living environment despite their financial constraints. The organization aims to promote independence and dignity for its elderly residents, providing them with a comfortable and supportive living space. Metowers Inc's mission is an essential service in ensuring that the elderly population has access to necessary housing, thereby enhancing their quality of life.
What is the revenue of Metowers Inc?
Metowers Inc's revenue in 2023 was $529,965.
Who are the executives of Metowers Inc and what are their salaries?
The average compensation at Metowers Inc during 2023 was $69,588. There are 5 employees at Metowers Inc.
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Where can I find the form 990 for Metowers Inc?
Metowers Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Metowers Inc
Metowers Inc, as a nonprofit organization, is dedicated to providing subsidized housing for the low-income elderly. This retirement home or senior housing program operates with a mission to cater to this specific demographic, ensuring they have access to affordable living arrangements. By receiving assistance from the HUD, Metowers Inc is able to offer its services to those who may not be able to afford such accommodations otherwise.
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Impact
October, 2024
Metowers Inc has a significant impact on the community in Pittsburgh, PA by providing essential housing for low-income elderly residents. Through its HUD-subsidized program, it ensures that this vulnerable population has access to safe, affordable, and supportive living environments. By focusing on the needs of elderly individuals, Metowers Inc plays a crucial role in enhancing their quality of life, promoting independence, and reducing the risk of homelessness among seniors. This dedicated approach not only addresses immediate housing needs but also fosters a sense of community and belonging among residents, ultimately contributing to their overall well-being.
This information is meant to be a general summary of Metowers 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 2023.
- Program Service Revenue: $529,965
- Gross Receipts: $529,965
Assets and Liabilities:
- Total Assets: $1,869,315
- Total Liabilities: $2,965
- Net Assets: $1,866,350
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$529,965
Organization Details
Founding Year
1977
Principal Officer
Rev Larry Homitsky
NTEE Category
Code: L22Z - Housing
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