Overview
What is Stairways Supported Housing Corp?
Stairways Supported Housing Corp is a nonprofit organization located in Erie, Pennsylvania, at 2185 W. 8th Street. Their primary mission is to provide housing for low-income individuals, operating under Section 202 of the Housing Act of 1959. They manage a housing project, regulated by the U.S. Department of Housing and Urban Development (HUD), which includes twenty units. Their goal is to offer a safe and comfortable living environment for those who may otherwise struggle to afford housing. The organization's activities are centered around providing affordable housing solutions for the most vulnerable members of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Stairways Supported Housing Corp has achieved a rating of 79%, classified as a Three-Star organization by Charity Navigator. This rating indicates a solid level of accountability and financial health within the nonprofit sector. The organization demonstrates strong governance, evidenced by its fully independent board of directors, and has policies in place for conflict of interest, whistleblower protection, and document retention.
The program expense ratio stands at an impressive 86.90%, suggesting that a significant portion of its funding is directed towards its core services. This reflects a commitment to effectively utilizing resources to support its mission. The absence of any material diversion of assets further enhances the organization's credibility and financial integrity.
However, while the overall ratings are positive, stakeholders may still seek further information on specific program impacts and outcomes to gain a complete understanding of the organization's effectiveness. The organization appears to have a strong foundation, but continued transparency and communication regarding its programs could enhance its trust among donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Stairways Supported Housing Corp legitimate?
Stairways Supported Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stairways Supported Housing Corp 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
For more financial information, click here
What is the mission statement of Stairways Supported Housing Corp?
The Stairways Supported Housing Corp is dedicated to providing housing for low-income individuals. This mission aligns with Section 202 of the Housing Act of 1959. Under the auspices of applicable HUD regulations, the organization operates a housing project, offering shelter to twenty individuals. The housing provided is regulated by the U.S. Department of Housing and Urban Development (HUD).
Who is the CEO of Stairways Supported Housing Corp?
Robin Dowling is the Executive Di of Stairways Supported Housing Corp. The CEO's salary of Stairways Supported Housing Corp is $0 and their total compensation is $0.
What is the revenue of Stairways Supported Housing Corp?
Stairways Supported Housing Corp's revenue in 2022 was $244,655.
Who are the executives of Stairways Supported Housing Corp and what are their salaries?
There 13 volunteers at Stairways Supported Housing Corp.
Here are 16 key members and their salaries (Stairways Supported Housing Corp's CEO's salary is $0 and their total compensation is $0):
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- Related: $146,402
- Other: $13,274
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Where can I find the form 990 for Stairways Supported Housing Corp?
Stairways Supported Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Stairways Supported Housing Corp
Stairways Supported Housing Corp, a nonprofit organization, is dedicated to providing housing for individuals with low income. This mission is rooted in Section 202 of the Housing Act of 1959 and is subject to applicable HUD regulations. The organization operates a HUD-regulated apartment project, providing housing for twenty residents. By doing so, Stairways Supported Housing Corp contributes significantly to the housing needs of those who might otherwise struggle to find affordable accommodation, thus offering them a chance at a stable living environment.
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Impact
June, 2024
Stairways Supported Housing Corp's impact can be seen in the lives of low-income individuals who are in need of stable housing. By providing housing through a HUD-regulated apartment project with twenty units in Erie, PA, this organization is directly addressing the housing needs of vulnerable populations. Their work goes beyond just providing a roof over their heads; it contributes to the overall well-being and stability of individuals who may be struggling with mental health challenges or other difficulties. Stairways Supported Housing Corp plays a crucial role in promoting housing security and improving the quality of life for those they serve.
This information is meant to be a general summary of Stairways Supported Housing Corp. 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: $6
- Program Service Revenue: $243,861
- Gross Receipts: $244,655
Assets and Liabilities:
- Total Assets: $286,472
- Total Liabilities: $636,007
- Net Assets: -$349,535
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD RENTAL SUBSIDY PAY
Revenue
$187,714
TENANT RENTAL PAYMENTS
Revenue
$56,147
Organization Details
Founding Year
1991
Phone
(814) 453-5806Principal Officer
Robin Dowling
Main Address
2185 WEST 8TH STREET, ERIE, PA, 16505
NTEE Category
Code: F30Z - Mental health
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