Overview
What is Immaculate Heart Of Mary Inc?
Immaculate Heart of Mary Inc, located at 1005 Herron Avenue, Pittsburgh, PA 15219, is a nonprofit organization dedicated to providing housing and related services for low-income elderly and physically challenged individuals. Their primary mission is to ensure suitable housing for this specific demographic, striving to make a significant impact on their quality of life. The organization operates under the name John Paul Plaza, further emphasizing its commitment to serving the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Star rating. This rating indicates that Immaculate Heart Of Mary Inc has some strengths in accountability and finance but also notable weaknesses that affect its overall performance score. The organization has achieved a satisfactory score mainly due to a strong program expense ratio of 83.31%, suggesting that a significant portion of its funds is directed towards its mission-related programs.
The nonprofit boasts an entirely independent board with 80% of its members being independent, which is a positive factor in governance. Additionally, it has robust financial oversight, with an Audit and Oversight Committee and no reported material diversion of assets. However, the organization lacks essential policies, such as a whistleblower policy and a document retention and destruction policy, which are critical for maintaining transparency and accountability.
Financially, the organization has a concerning liabilities to assets ratio of 289.52%, indicating potential financial strain. Furthermore, the absence of posted tax forms on its website and missing board meeting minutes highlights gaps in transparency that may affect donor trust. Overall, while Immaculate Heart Of Mary Inc demonstrates strong program investment and governance structure, it has significant areas for improvement in financial transparency and policy implementation.
This AI summary has been generated from information found on Charity Navigator.
Is Immaculate Heart Of Mary Inc legitimate?
Immaculate Heart Of Mary Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Immaculate Heart Of Mary 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: $0
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What is the mission statement of Immaculate Heart Of Mary Inc?
The mission of Immaculate Heart of Mary Inc. is centered around providing housing solutions for individuals who are both elderly and physically challenged, falling within the low-income bracket. The organization's primary objective is to ensure these individuals have a suitable living space. Beyond housing, it also offers related services to enhance their quality of life. The organization's activities are geared towards meeting the unique housing needs of this specific demographic, providing them with a dignified living environment.
Who is the CEO of Immaculate Heart Of Mary Inc?
Daniel K Barbusio is the President of Immaculate Heart Of Mary Inc.
What is the revenue of Immaculate Heart Of Mary Inc?
Immaculate Heart Of Mary Inc's revenue in 2022 was $863,754.
Who are the executives of Immaculate Heart Of Mary Inc and what are their salaries?
There 4 volunteers at Immaculate Heart Of Mary Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Immaculate Heart Of Mary Inc?
Immaculate Heart Of Mary Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Immaculate Heart Of Mary Inc
Immaculate Heart Of Mary Inc, as a nonprofit organization, is committed to providing housing solutions for the elderly and physically challenged individuals who are financially disadvantaged. Their mission is centered around offering secure living spaces, ensuring that these vulnerable populations have access to a safe and comfortable environment. The organization goes beyond just housing, offering related services tailored to meet the unique needs of its residents. These services aim to enhance their quality of life, enabling them to live with dignity and independence.
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Impact
October, 2024
Immaculate Heart Of Mary Inc significantly impacts the community by providing essential housing and related services for low-income elderly individuals and those who are physically challenged. By addressing the pressing need for safe and affordable accommodations, the organization plays a crucial role in enhancing the quality of life for vulnerable populations in Pittsburgh, PA. Through its dedicated efforts, it fosters a sense of security and belonging, enabling residents to thrive despite their circumstances. The supportive environment created by Immaculate Heart Of Mary Inc not only addresses immediate housing needs but also contributes to the overall well-being and dignity of its residents, allowing them to lead more fulfilling lives.
This information is meant to be a general summary of Immaculate Heart Of Mary 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: $119
- Program Service Revenue: $296,121
- Gross Receipts: $863,754
Assets and Liabilities:
- Total Assets: $1,042,963
- Total Liabilities: $2,785,662
- Net Assets: -$1,742,699
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$296,121
Organization Details
Founding Year
1982
Phone
(412) 683-5850Principal Officer
Daniel K Barbusio
Main Address
1005 HERRON AVENUE, PITTSBURGH, PA, 15219
NTEE Category
Code: P75Z - Human services
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