Overview
What is Shenango Treetops Inc?
Shenango Treetops Inc is a nonprofit organization situated in New Castle, Pennsylvania. Their primary mission is to provide subsidized housing for the elderly, ensured by the U.S. Department of Housing and Urban Development (HUD). This involves managing living spaces that cater specifically to the elderly population, ensuring they have access to safe, affordable housing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Stars)
Shenango Treetops Inc has received a low rating of 52%, classified as a One-Star charity. This rating reflects concerns regarding the organization's accountability and financial practices, including a high liabilities-to-assets ratio of 188.96%, which indicates potential financial instability. While the charity excels in certain areas, such as having a fully independent board and a strong program expense ratio of 100%, the overall financial transparency and governance policies are significantly lacking.
The organization has failed to provide essential financial statements, which has resulted in a score of zero in that category. Additionally, critical policies like conflict of interest, whistleblower, and document retention are missing, further contributing to their low accountability rating. The absence of these policies raises questions about the governance and operational integrity of the nonprofit.
Despite the strengths shown in board independence and program funding, the notable deficiencies in financial documentation and governance policies limit Shenango Treetops Inc's effectiveness as a nonprofit. Potential donors and supporters may want to consider these factors when evaluating their investment in the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Shenango Treetops Inc legitimate?
Shenango Treetops Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shenango Treetops 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: $99,160
For more financial information, click here
What is the mission statement of Shenango Treetops Inc?
Shenango Treetops Inc's primary mission lies in the operation of subsidized housing for the elderly, funded by the Department of Housing and Urban Development (HUD). This mission is geared towards providing suitable living arrangements for the elderly population, ensuring they have access to a secure and comfortable environment. The organization's activities are centered around managing and maintaining these HUD-subsidized homes, ensuring they meet the necessary standards and cater to the specific needs of the elderly residents. By doing so, Shenango Treetops Inc contributes to enhancing the quality of life for elderly individuals, providing them with a supportive environment where they can age with dignity and independence.
Who is the CEO of Shenango Treetops Inc?
John Hadgkiss is the Director of Shenango Treetops Inc.
What is the revenue of Shenango Treetops Inc?
Shenango Treetops Inc's revenue in 2023 was $515,590.
Who are the executives of Shenango Treetops Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Shenango Treetops Inc?
Shenango Treetops Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Shenango Treetops Inc
Shenango Treetops Inc, a nonprofit organization, is dedicated to the operation of HUD-subsidized housing for the elderly. This mission involves providing a living space for the elderly population, ensuring they have access to affordable housing. The organization plays a significant role in supporting this demographic, ensuring they can maintain their independence and dignity in their later years. By operating HUD-subsidized housing, Shenango Treetops Inc is making a tangible impact on the lives of the elderly, providing them with a secure and comfortable place to call home.
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Impact
July, 2024
Shenango Treetops Inc provides essential housing services for the elderly through the operation of HUD-subsidized housing. Their impact is significant as they offer affordable and safe housing options for older individuals who may have limited resources. By offering this service, Shenango Treetops Inc contributes to enhancing the quality of life and security of senior citizens in the New Castle, PA area. Additionally, by focusing on this specific demographic, the organization addresses a critical need within the community, ensuring that elderly individuals have access to suitable housing options that cater to their unique requirements and promote their well-being.
This information is meant to be a general summary of Shenango Treetops 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.
- Investment Income: $80
- Program Service Revenue: $137,247
- Gross Receipts: $515,590
Assets and Liabilities:
- Total Assets: $1,089,710
- Total Liabilities: $2,059,191
- Net Assets: -$969,481
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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
$137,247
Organization Details
Founding Year
1993
Phone
(724) 658-4781Principal Officer
John Hadgkiss
Main Address
210 N CEDAR STREET, NEW CASTLE, PA, 16102
NTEE Category
Code: L80B - Housing
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