Overview
What is Ardent Community Trust Of Pennsylvania?
Ardent Community Trust of Pennsylvania is a nonprofit organization dedicated to managing specialized trusts for individuals with disabilities. These trusts, such as pooled and individual trusts, as well as compensatory education trusts, are designed to cater to the additional needs of beneficiaries, adhering to both federal and state regulations. Although Ardent Community Trust does not offer direct financial aid to The Arc, a supported organization, it provides valuable trust administration services to support their cause.
Official website here: www.actpa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Ardent Community Trust of Pennsylvania has achieved a high level of accountability and finance, reflected in its 92% score, which signals a strong commitment to financial transparency and responsible governance. The organization boasts a fully independent board and has effective policies in place regarding conflicts of interest and whistleblower protections. Furthermore, the trust has demonstrated a solid program expense ratio, allocating 76.19% of its budget to programs, which indicates a focus on its mission.
However, user feedback reveals significant concerns regarding the organization's ability to manage client funds effectively. Several clients have reported issues with delayed payments and poor communication, leading to negative impacts on their financial situations. Reviews highlight frustrations with the trust's fee structure and a lack of an appeals process for service denials, suggesting potential gaps in client support and service reliability.
While Ardent Community Trust of Pennsylvania is recognized for its strong financial practices, the contrasting user experiences raise questions about the practicality and timeliness of its services. Prospective clients should weigh the charity's impressive financial rating against the reported difficulties in service delivery to determine if it aligns with their needs.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Ardent Community Trust Of Pennsylvania legitimate?
Ardent Community Trust Of Pennsylvania is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ardent Community Trust Of Pennsylvania 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: $578,534
For more financial information, click here
Official website here: www.actpa.org
What is the mission statement of Ardent Community Trust Of Pennsylvania?
Ardent Community Trust of Pennsylvania is an organization dedicated to managing various types of special needs trusts, including pooled and individual trusts, as well as compensatory education trusts for individuals with disabilities. Their primary mission is to ensure these trusts meet the supplemental needs of beneficiaries, adhering to both federal and state laws. Although Ardent Community Trust does not provide direct financial aid, they support organizations like The Arc by offering trust administration services. The trusts they manage are designed to enhance the quality of life for individuals with disabilities, providing them with additional resources beyond what government programs offer.
Official website here: www.actpa.org
Who is the CEO of Ardent Community Trust Of Pennsylvania?
Steve Bennett is the President of Ardent Community Trust Of Pennsylvania.
Official website here: www.actpa.org
What is the revenue of Ardent Community Trust Of Pennsylvania?
Ardent Community Trust Of Pennsylvania's revenue in 2022 was $1,417,165.
Official website here: www.actpa.org
Who are the executives of Ardent Community Trust Of Pennsylvania and what are their salaries?
The average compensation at Ardent Community Trust Of Pennsylvania during 2022 was $57,853. There are 10 employees and 7 volunteers at Ardent Community Trust Of Pennsylvania.
Here are 7 key members and their salaries:
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Official website here: www.actpa.org
Where can I find the form 990 for Ardent Community Trust Of Pennsylvania?
Ardent Community Trust Of Pennsylvania's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.actpa.org
Learn more at the official website: www.actpa.org
Mission Statement of Ardent Community Trust Of Pennsylvania
Ardent Community Trust of Pennsylvania is an organization dedicated to managing various types of special needs trusts. These trusts, including pooled and individual trusts, as well as compensatory education trusts, are designed to cater to the supplemental needs of individuals with disabilities. The trust administration services provided by Ardent Community Trust of Pennsylvania are in compliance with both federal and state laws. Although Ardent Community Trust does not provide direct financial support to The Arc, a supported organization, it contributes significantly by managing their trusts effectively. This allows beneficiaries to meet their additional requirements while abiding by the relevant regulations. By doing so, Ardent Community Trust of Pennsylvania plays a crucial role in supporting individuals with disabilities, helping them maintain a better quality of life.
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Impact
October, 2024
Ardent Community Trust of Pennsylvania plays a significant role in enhancing the quality of life for individuals with disabilities by administering a variety of special needs trusts. These trusts, including pooled and individual options as well as compensatory education trusts, are specifically designed to cater to the supplemental needs of beneficiaries while ensuring compliance with federal and state laws.
By providing skilled trust administration services, Ardent Community Trust helps individuals navigate complex financial landscapes without jeopardizing their eligibility for critical government benefits. This support is crucial, as it enables beneficiaries to access additional resources for their care, education, and overall well-being.
Furthermore, Ardent's collaboration with The Arc, even in the absence of direct monetary support, illustrates its commitment to fostering a robust support system for individuals with disabilities. Through these trusted financial mechanisms, Ardent Community Trust of Pennsylvania empowers individuals and their families, ensuring they have the necessary tools to lead fulfilling lives.
This information is meant to be a general summary of Ardent Community Trust Of Pennsylvania. 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: $602
- Program Service Revenue: $1,259,203
- Gross Receipts: $1,417,165
Assets and Liabilities:
- Total Assets: $1,197,413
- Total Liabilities: $63,219
- Net Assets: $1,134,194
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRUSTEE SERVICE FEES
Revenue
$1,259,203
Organization Details
Founding Year
2002
Phone
(610) 265-4788Principal Officer
Steve Bennett
Main Address
1012 WEST NINTH AVENUE 215, KING OF PRUSSIA, PA, 19406
Website
www.actpa.orgNTEE Category
Code: P80 - Human services
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