Overview
What is Warren Plaza Inc?
Warren Plaza Inc is a nonprofit organization situated in Pittsburgh, Pennsylvania, specifically at 2541 Centre Avenue. Their primary mission is to provide affordable, high-quality housing for the elderly, individuals with disabilities, and those with very low incomes. They operate a 15-unit apartment complex under the supervision of the U.S. Department of Housing and Urban Development. Their efforts are dedicated to enhancing the living conditions of these vulnerable groups, providing them with a suitable and comfortable living space.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Warren Plaza Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The overall score is derived entirely from its Accountability & Finance beacon, demonstrating the organization’s commitment to transparency and responsible financial practices. With no material diversion of assets and a well-structured board comprised entirely of independent members, the nonprofit shows strengths in governance.
The organization scored exceptionally well in various areas, including a program expense ratio of 95.87%, indicating that a significant portion of its resources is directed towards its programs. Additionally, it has implemented key policies such as conflict of interest and whistleblower protections, further reflecting good governance practices.
However, Warren Plaza Inc did face a challenge with a liabilities to assets ratio of 214.61%, which raises concerns about its financial stability. This aspect may impact the organization's overall capacity to sustain its operations effectively in the long run, suggesting that while the organization operates well in many respects, it should address its financial health as a priority.
This AI summary has been generated from information found on Charity Navigator.
Is Warren Plaza Inc legitimate?
Warren Plaza Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Warren Plaza 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: $13,760
For more financial information, click here
What is the mission statement of Warren Plaza Inc?
Warren Plaza Inc is committed to providing affordable, high-quality housing for the elderly, individuals with disabilities, and those with very low income. Their mission is to ensure that these vulnerable groups have access to suitable living spaces, promoting their overall well-being. Operating under the auspices of the U.S. Department of Housing and Urban Development, Warren Plaza Inc manages a 15-unit apartment complex, providing housing for this specific demographic. The organization's operations aim to contribute positively to the lives of these individuals, enhancing their living conditions and fostering a sense of community.
Who is the CEO of Warren Plaza Inc?
Robert Stape is the CEO of Warren Plaza Inc The CEO's salary of Warren Plaza Inc is $0 and their total compensation is $0.
What is the revenue of Warren Plaza Inc?
Warren Plaza Inc's revenue in 2023 was $194,058.
Who are the executives of Warren Plaza Inc and what are their salaries?
Here are 10 key members and their salaries (Warren Plaza Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Warren Plaza Inc?
Warren Plaza Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Warren Plaza Inc
Warren Plaza Inc, a nonprofit organization, is dedicated to providing affordable and high-quality housing for elderly individuals, people with disabilities, and very low-income individuals. Their mission is centered around ensuring that these vulnerable groups have access to suitable living spaces, enabling them to maintain a decent standard of living. The organization operates under the auspices of the U.S. Department of Housing and Urban Development, demonstrating their commitment to adhering to governmental housing standards. Warren Plaza Inc's 15-unit apartment complex in an unspecified city serves as a physical manifestation of their commitment, providing a much-needed residence for individuals who may otherwise struggle to secure affordable housing.
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Impact
October, 2024
Warren Plaza Inc significantly enhances the quality of life for vulnerable populations, particularly the elderly, individuals with disabilities, and those with very low incomes, by providing affordable and quality housing. Operating a 15-unit apartment complex in Pittsburgh, it addresses a critical need in the community, ensuring that these individuals have a safe and stable environment to live in.
By collaborating with the U.S. Department of Housing and Urban Development, Warren Plaza fosters an inclusive community that supports residents in maintaining their independence and dignity. This initiative not only alleviates the housing burden faced by many but also promotes social stability and well-being, enabling residents to thrive in a supportive setting. The impact of Warren Plaza extends beyond just housing; it contributes to the overall health and integration of marginalized groups within the broader community.
This information is meant to be a general summary of Warren Plaza 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: $314
- Program Service Revenue: $193,725
- Gross Receipts: $194,058
Assets and Liabilities:
- Total Assets: $851,107
- Total Liabilities: $1,826,588
- Net Assets: -$975,481
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD INCOME
Revenue
$155,883
RENTAL INCOME
Revenue
$37,842
Organization Details
Founding Year
1998
Principal Officer
Fred R Kenderson
NTEE Category
Code: L21 - Housing
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