Overview
What is Rouse-Brokenstraw Associates Corporation?
Rouse-Brokenstraw Associates Corporation is a nonprofit organization primarily focused on providing affordable housing for low-income elderly residents. They have developed a 50-unit multifamily apartment complex as part of their mission. By offering this living space, they contribute to the well-being of this specific demographic within the community, thereby enhancing the overall living standards for these individuals. The organization's activities and mission remain dedicated to this housing initiative for elderly tenants.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Stars
Rouse-Brokenstraw Associates Corporation has achieved a Three-Star rating from Charity Navigator, reflecting a score of 79%. This rating is based solely on Accountability & Finance metrics, indicating a strong emphasis on financial transparency and governance. The evaluation highlights that the organization has a fully independent board, with all ten members meeting independence criteria, and it has robust policies in place for conflict of interest and whistleblower protections.
The organization demonstrates impressive financial management, with a program expense ratio of 100%, meaning that all expenses are directed toward its charitable programs. It also maintains thorough documentation practices, which include recorded board meeting minutes and policies for document retention. These strengths contribute to its positive rating, showcasing a commitment to accountability.
However, the charity faces challenges in its financial ratios, particularly a liabilities-to-assets ratio of 193.15%, which raises some concerns about its financial health and sustainability. While the organization excels in governance and operational practices, this financial aspect could be a limitation in its overall assessment.
This AI summary has been generated from information found on Charity Navigator.
Is Rouse-Brokenstraw Associates Corporation legitimate?
Rouse-Brokenstraw Associates Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rouse-Brokenstraw Associates 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,676
For more financial information, click here
What is the mission statement of Rouse-Brokenstraw Associates Corporation?
Rouse-Brokenstraw Associates Corporation is dedicated to providing housing for low-income elderly tenants. They manage a 50-unit multifamily apartment complex as part of their mission. The corporation's objective is to provide a suitable living space for this specific demographic, ensuring they have a comfortable and secure home environment. While the provided information does not detail any advocacy or support initiatives, it can be inferred that their mission is primarily focused on housing provision and maintenance for the elderly with limited financial means.
Who is the CEO of Rouse-Brokenstraw Associates Corporation?
Tonya Mitchell-Weston is the President of Rouse-Brokenstraw Associates Corporation.
What is the revenue of Rouse-Brokenstraw Associates Corporation?
Rouse-Brokenstraw Associates Corporation's revenue in 2022 was $472,123.
Who are the executives of Rouse-Brokenstraw Associates Corporation and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Rouse-Brokenstraw Associates Corporation?
Rouse-Brokenstraw Associates Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rouse-Brokenstraw Associates Corporation
Rouse-Brokenstraw Associates Corporation is dedicated to providing affordable housing for elderly individuals living below the income line. They manage a 50-unit multi-family apartment complex, offering a secure and comfortable living environment for this vulnerable population. The corporation's mission is centered around ensuring that the elderly tenants have access to a suitable place to call home. By providing housing, Rouse-Brokenstraw Associates Corporation contributes to maintaining the dignity and independence of its residents, allowing them to age with peace of mind.
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Impact
July, 2024
Rouse-Brokenstraw Associates Corporation has a significant impact on the community by providing housing for low-income elderly tenants in a 50-unit multifamily apartment complex in Warren, PA. The organization plays a crucial role in addressing the housing needs of this vulnerable demographic, ensuring they have access to affordable and safe housing options. By offering this essential service, Rouse-Brokenstraw Associates Corporation positively impacts the lives of the elderly residents, enhancing their quality of life and providing them with a supportive living environment.
This information is meant to be a general summary of Rouse-Brokenstraw Associates 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 2022.
- Investment Income: $464
- Program Service Revenue: $172,731
- Gross Receipts: $472,123
Assets and Liabilities:
- Total Assets: $1,256,138
- Total Liabilities: $2,426,263
- Net Assets: -$1,170,125
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$172,731
Organization Details
Founding Year
1982
Principal Officer
Tonya Mitchell-Weston
Main Address
108 AOK STREET, WARREN, PA, 16365
NTEE Category
Code: L22 - Housing
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