Overview
What is Liberty Towers Incorporated Of Clarion?
Liberty Towers Incorporated of Clarion is a nonprofit organization situated in Dubois, Pennsylvania. Their primary mission is to offer subsidized housing to low-income elderly residents residing in rural areas. In collaboration with the U.S. Department of Housing and Urban Development, they manage a property containing 49 apartment units. This organization plays a vital role in providing a comfortable living environment for its residents in the specified region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Stars)
Liberty Towers Incorporated of Clarion has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and transparency. The organization excels in several areas, including having a fully independent board of directors and a strong program expense ratio of 89.59%, reflecting its commitment to programmatic activities.
However, there are notable areas of concern. The charity scored poorly on its liabilities to assets ratio, indicating significant financial obligations compared to its assets. Additionally, several key governance policies, such as a conflict of interest policy and a whistleblower policy, are missing, which raises questions about the organization's overall governance practices.
Despite these limitations, Liberty Towers has demonstrated positive fiscal practices, including independent financial audits and effective documentation of board meetings. Improvements in transparency and governance policies could enhance its accountability and overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Liberty Towers Incorporated Of Clarion legitimate?
Liberty Towers Incorporated Of Clarion is a legitimate nonprofit organization registered as a 501(c)(3) entity. Liberty Towers Incorporated Of Clarion 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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What is the mission statement of Liberty Towers Incorporated Of Clarion?
Liberty Towers Incorporated, in its mission, focuses on providing subsidized housing for low-income elderly residents in a rural area. This is carried out in collaboration with the U.S. Department of Housing and Urban Development. The corporation manages a property consisting of 49 apartment units, aiming to offer a comfortable living space for the specified demographic. By providing such housing, Liberty Towers Incorporated contributes to enhancing the living conditions and ensuring the well-being of this community.
Who is the CEO of Liberty Towers Incorporated Of Clarion?
Melanie Bennett is the President of Liberty Towers Incorporated Of Clarion.
What is the revenue of Liberty Towers Incorporated Of Clarion?
Liberty Towers Incorporated Of Clarion's revenue in 2023 was $636,268.
Who are the executives of Liberty Towers Incorporated Of Clarion and what are their salaries?
There 12 volunteers at Liberty Towers Incorporated Of Clarion.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Liberty Towers Incorporated Of Clarion?
Liberty Towers Incorporated Of Clarion's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Liberty Towers Incorporated Of Clarion
Liberty Towers Incorporated of Clarion is dedicated to providing subsidized housing for low-income elderly residents in a rural area. In partnership with the U.S. Department of Housing and Urban Development, this organization manages a property consisting of 49 apartment units, aiming to make housing more accessible for this specific demographic. By offering subsidized housing, Liberty Towers Incorporated of Clarion contributes to the well-being and comfort of elderly individuals who may otherwise struggle to afford suitable living arrangements. The corporation's mission is a vital service, ensuring that the elderly population has access to affordable housing, fostering a sense of community and stability.
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Impact
July, 2024
Liberty Towers Incorporated of Clarion's impact can be seen in its provision of subsidized housing to low-income elderly residents in the rural area of Dubois, Pennsylvania. By offering affordable housing options through its 49 apartment units in collaboration with the U.S. Department of Housing and Urban Development, the organization plays a crucial role in addressing the housing needs of vulnerable populations. Liberty Towers' commitment to providing a safe and affordable living environment for low-income elderly residents contributes to enhancing their quality of life and promoting community well-being.
This information is meant to be a general summary of Liberty Towers Incorporated Of Clarion. 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: $163
- Program Service Revenue: $218,617
- Gross Receipts: $636,268
Assets and Liabilities:
- Total Assets: $787,243
- Total Liabilities: $1,486,689
- Net Assets: -$699,446
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$218,617
Organization Details
Founding Year
1982
Phone
(814) 226-9473Principal Officer
Melanie Bennett
Main Address
996 BEAVER DR, DUBOIS, PA, 15801
NTEE Category
Code: L22 - Housing
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