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Passavant Memorial Homes Housing Initiative No 3 Inc

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

EIN: 251891798 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Passavant Memorial Homes Housing Initiative No 3 Inc?

Passavant Memorial Homes Housing Initiative No 3 Inc is a nonprofit organization situated in Pittsburgh, Pennsylvania. Their primary focus is on providing housing solutions for individuals with intellectual disabilities, autism, and behavioral health needs. They operate real estate properties, specifically designed for these individuals, aiming to create a supportive living environment. For more information, interested parties can visit their website at pmhfos.org. The organization's mission is to develop and manage these properties, ensuring they cater to the unique needs of the individuals they serve.


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 3 Inc has received a Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance. The charity's overall score is primarily derived from its accountability metrics, indicating that it maintains a solid financial standing with a program expense ratio of 90.62%. This suggests that a significant portion of its expenses is directed towards its programs, which is a positive indicator for potential donors.

Despite its strengths, the organization does face some challenges in terms of board independence, with only 28% of its board members being independent. This limitation may impact the governance and oversight of the charity. However, it is commendable that the organization has established several important policies, including a conflict of interest policy and a whistleblower policy, which contribute to its accountability framework.

Overall, while Passavant Memorial Homes Housing Initiative No 3 Inc demonstrates strong financial responsibility and transparency through its policies and expense management, the relatively low percentage of independent board members highlights an area that could benefit from improvement to enhance governance practices.


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

Is Passavant Memorial Homes Housing Initiative No 3 Inc legitimate?

Passavant Memorial Homes Housing Initiative No 3 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Passavant Memorial Homes Housing Initiative No 3 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: $1,450

For more financial information, click here


Official website here: www.pmhfos.org

What is the mission statement of Passavant Memorial Homes Housing Initiative No 3 Inc?

Passavant Memorial Homes Housing Initiative No 3's primary mission is to create and manage real estate properties that provide housing for individuals with intellectual disabilities, autism, and behavioral health needs. Their objective is to offer a living space that caters to the unique needs of these individuals, ensuring their comfort and well-being. The organization focuses on developing and operating properties that accommodate qualified individuals, offering them a secure and supportive environment. For further details, interested parties can visit the organization's website.


Official website here: www.pmhfos.org

Who is the CEO of Passavant Memorial Homes Housing Initiative No 3 Inc?

Rick D Senft is the Ceo & President of Passavant Memorial Homes Housing Initiative No 3 Inc. The CEO's salary of Passavant Memorial Homes Housing Initiative No 3 Inc is $0 and their total compensation is $993,011.


Official website here: www.pmhfos.org

What is the revenue of Passavant Memorial Homes Housing Initiative No 3 Inc?

Passavant Memorial Homes Housing Initiative No 3 Inc's revenue in 2022 was $64,273.


Official website here: www.pmhfos.org

Who are the executives of Passavant Memorial Homes Housing Initiative No 3 Inc and what are their salaries?

There 2 volunteers at Passavant Memorial Homes Housing Initiative No 3 Inc.


Here are 9 key members and their salaries (Passavant Memorial Homes Housing Initiative No 3 Inc's CEO's salary is $0 and their total compensation is $993,011):


Lawrence Kushik (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Kernan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Bazzone (Cfo)
  • Compensation: $0
  • Related: $207,775
  • Other: $23,747
Lewis Minett (Cos, Secretary & Treasurer)
  • Compensation: $0
  • Related: $365,908
  • Other: $38,723
Rick D Senft (Ceo & President)
  • Compensation: $0
  • Related: $957,664
  • Other: $35,347
Zachary Senft (Coo & Vice President)
  • Compensation: $0
  • Related: $519,919
  • Other: $38,836
William Sherbondy (Executive Director)
  • Compensation: $0
  • Related: $237,238
  • Other: $35,400
Robert Dougherty (Former Officer)
  • Compensation: $0
  • Related: $278,739
  • Other: $9,447
Carol Grant (Former Officer)
  • Compensation: $0
  • Related: $327,604
  • Other: $0


Official website here: www.pmhfos.org

Where can I find the form 990 for Passavant Memorial Homes Housing Initiative No 3 Inc?

Passavant Memorial Homes Housing Initiative No 3 Inc's most recent form 990 was submitted in 2022 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 3 Inc

Passavant Memorial Homes Housing Initiative No 3 is dedicated to a noble mission. This nonprofit organization aims to develop and manage real estate properties, specifically designed for housing individuals with intellectual disabilities, autism, and behavioral health needs. Their primary objective is to provide a suitable living environment for these individuals, ensuring their well-being and fostering their independence. By operating rental units tailored to their unique needs, Passavant Memorial Homes Housing Initiative No 3 seeks to contribute positively to their lives, promoting inclusivity and equality in housing options. For more information about their services and offerings, interested individuals are encouraged to visit their official website at pmhfos.org.

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Impact




August, 2024

Passavant Memorial Homes Housing Initiative No 3 Inc's impact is focused on developing and operating real estate properties to provide housing for individuals with intellectual disabilities, autism, and behavioral health needs. Their initiative aims to create a safe and supportive environment for qualified individuals in need of specialized housing accommodations. This organization plays a crucial role in meeting the housing needs of vulnerable populations, contributing to improved quality of life and independence for its residents.




This information is meant to be a general summary of Passavant Memorial Homes Housing Initiative No 3 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
$64,273 (2022)
Expenses
$62,753 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4
  • Program Service Revenue: $64,269
  • Gross Receipts: $64,273

Assets and Liabilities:

  • Total Assets: $487,967
  • Total Liabilities: $8,721
  • Net Assets: $479,246

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Programs

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

RENTAL INCOME

Revenue

$64,269

Organization Details

Founding Year

2001

Principal Officer

Rick D Senft

Main Address

100 PASSAVANT WAY, PITTSBURGH, PA, 15238

NTEE Category

Code: P73 - Human services

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