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Passavant Memorial Homes Housing Initiative No 2 Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 251891797 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Passavant Memorial Homes Housing Initiative No 2 Inc?

Passavant Memorial Homes Housing Initiative No 2 Inc is a nonprofit organization situated in Pittsburgh, Pennsylvania. Committed to providing housing solutions, they specialize in accommodating individuals with intellectual disabilities, autism, and behavioral health needs. Their mission involves the development and operation of real estate properties, offering a safe and supportive living environment. For more details, interested parties can visit their website at pmhfos.org.


Official website here: www.pmhfos.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Star rating)

Passavant Memorial Homes Housing Initiative No 2 Inc has received a solid Three-Star rating from Charity Navigator, highlighting its commitment to accountability and finance. The organization scored 77% on its overall rating, which is based entirely on its accountability and finance score, indicating a strong adherence to responsible financial practices.

The organization demonstrates robust financial health, with a program expense ratio of 91.48%, meaning that a significant portion of its expenditures is directed towards its programs. Additionally, it shows no material diversion of assets, which contributes positively to its accountability metrics. The presence of essential policies such as conflict of interest and whistleblower policies further reflects its commitment to good governance.

However, while the overall score is commendable, it is important to note that the rating is derived solely from financial accountability metrics, with no evaluation of its effectiveness or impact on the community served. Thus, potential donors may want to consider additional aspects of the organization's operations and outcomes beyond financial health.


This AI summary has been generated from information found on Charity Navigator.

Is Passavant Memorial Homes Housing Initiative No 2 Inc legitimate?

Passavant Memorial Homes Housing Initiative No 2 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Passavant Memorial Homes Housing Initiative No 2 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: $0

For more financial information, click here


Official website here: www.pmhfos.org

What is the mission statement of Passavant Memorial Homes Housing Initiative No 2 Inc?

Passavant Memorial Homes Housing Initiative No 2 Inc is committed to developing and managing real estate properties for providing housing to individuals with intellectual disabilities, autism, and behavioral health needs. Their mission is centered around creating living spaces that cater to the unique needs of these individuals, aiming to enhance their quality of life. The organization operates rental units specifically designed for qualified individuals, offering a supportive environment that promotes their well-being and independence. For more information, one can visit their website.


Official website here: www.pmhfos.org

Who is the CEO of Passavant Memorial Homes Housing Initiative No 2 Inc?

Rick D Senft is the CEO of Passavant Memorial Homes Housing Initiative No 2 Inc The CEO's salary of Passavant Memorial Homes Housing Initiative No 2 Inc is $0 and their total compensation is $1,104,092.


Official website here: www.pmhfos.org

What is the revenue of Passavant Memorial Homes Housing Initiative No 2 Inc?

Passavant Memorial Homes Housing Initiative No 2 Inc's revenue in 2024 was $63,242.


Official website here: www.pmhfos.org

Who are the executives of Passavant Memorial Homes Housing Initiative No 2 Inc and what are their salaries?

There 2 volunteers at Passavant Memorial Homes Housing Initiative No 2 Inc.

Here are 7 key members and their salaries (Passavant Memorial Homes Housing Initiative No 2 Inc's CEO's salary is $0 and their total compensation is $1,104,092):


Lawrence Kushik (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Cholto (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Bazzone (Cfo & Treasurer)
  • Compensation: $0
  • Related: $369,824
  • Other: $35,825
Lewis Minett (Cos & Secretary)
  • Compensation: $0
  • Related: $449,016
  • Other: $39,994
Rick D Senft (Ceo & President)
  • Compensation: $0
  • Related: $1,067,590
  • Other: $36,502
Zachary Senft (Coo & Vice President)
  • Compensation: $0
  • Related: $611,243
  • Other: $40,025
William Sherbondy (Executive Director)
  • Compensation: $0
  • Related: $260,294
  • Other: $36,005


Official website here: www.pmhfos.org

Where can I find the form 990 for Passavant Memorial Homes Housing Initiative No 2 Inc?

Passavant Memorial Homes Housing Initiative No 2 Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.pmhfos.org

Learn more at the official website: www.pmhfos.org

Mission Statement of Passavant Memorial Homes Housing Initiative No 2 Inc

Passavant Memorial Homes Housing Initiative No 2, as a nonprofit organization, is committed to a mission that stands out in its focus and purpose. Its primary objective is to develop and manage real estate properties, specifically intended for providing housing solutions. This housing is designed for individuals who are grappling with intellectual disabilities, autism, and behavioral health needs. By operating these properties, the initiative aims to offer a secure living environment for qualified individuals who require such accommodations. For more information about Passavant Memorial Homes Housing Initiative No 2 and its work, visitors are encouraged to explore the organization's official website, pmhfos.org.

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Impact




August, 2024

Passavant Memorial Homes Housing Initiative No 2 Inc positively impacts the lives of individuals with intellectual disabilities, autism, and behavioral health needs by providing them with safe and suitable housing options. This initiative plays a crucial role in ensuring that these individuals have access to comfortable and supportive living arrangements tailored to their specific needs. Through the development and operation of real estate properties dedicated to housing for this demographic, Passavant Memorial Homes Housing Initiative No 2 Inc contributes to enhancing their quality of life and fostering a sense of independence and community inclusion.




This information is meant to be a general summary of Passavant Memorial Homes Housing Initiative No 2 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.

Revenue
$63,242 (2024)
Expenses
$64,510 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $29
  • Program Service Revenue: $62,371
  • Gross Receipts: $63,242

Assets and Liabilities:

  • Total Assets: $488,797
  • Total Liabilities: $11,236
  • Net Assets: $477,561

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$62,371

Organization Details

Founding Year

2002

Principal Officer

Rick D Senft

NTEE Category

Code: P73 - Human services

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