Overview
What is St Patrick's Housing Corp Ii?
St. Patrick's Housing Corp II, also known as Patrician Arms II, is a nonprofit organization situated in St. Petersburg, Florida. With an address at 6363 Ninth Avenue North, this organization is dedicated to serving low-income elderly individuals and those with disabilities. Operating under Section 202 of the National Housing Act, St. Patrick's Housing Corp II is regulated by HUD and provides 68 apartments with housing assistance. The organization's mission is to offer affordable housing and additional services to this specific demographic, ensuring they live comfortably and securely. With a small workforce of just two individuals, St. Patrick's Housing Corp II plays a crucial role in supporting the housing needs of its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
St Patrick's Housing Corp II has achieved an impressive 94% score, reflecting a strong commitment to accountability and financial management. This rating is derived solely from the Accountability & Finance beacon, which indicates that the organization maintains high standards in transparency and governance. The presence of a fully independent board, alongside a robust audit and oversight committee, reinforces the organization’s dedication to ethical practices.
The nonprofit demonstrates excellent financial health, with a program expense ratio of 89%, meaning a significant portion of its funds directly supports its mission-related activities. Moreover, a low liabilities to assets ratio of 0.74% suggests effective management of financial obligations, allowing for sustainable operations. Policies regarding conflicts of interest and whistleblower protections further enhance the organization's credibility.
Overall, St Patrick's Housing Corp II stands out as a well-managed organization with a clear focus on accountability. While detailed information on programmatic outcomes is not provided, the financial metrics indicate a responsible use of resources to fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
Is St Patrick's Housing Corp Ii legitimate?
St Patrick's Housing Corp Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Patrick's Housing Corp Ii 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: $70,107
For more financial information, click here
What is the mission statement of St Patrick's Housing Corp Ii?
St. Patrick's Housing Corp II is a HUD-subsidized and regulated apartment complex with a mission to provide affordable housing and various services to low-income elderly and/or handicapped individuals. Their primary goal is to ensure these vulnerable groups have a place to reside at an affordable price. The complex, which offers 68 apartments under Section 202 of the National Housing Act, is regulated by HUD and provides housing assistance to eligible residents.
Who is the CEO of St Patrick's Housing Corp Ii?
James Wayne is the President of St Patrick's Housing Corp Ii.
What is the revenue of St Patrick's Housing Corp Ii?
St Patrick's Housing Corp Ii's revenue in 2022 was $461,367.
Who are the executives of St Patrick's Housing Corp Ii and what are their salaries?
The average compensation at St Patrick's Housing Corp Ii during 2022 was $35,054. There are 2 employees at St Patrick's Housing Corp Ii.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $80,767
- Other: $13,009
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for St Patrick's Housing Corp Ii?
St Patrick's Housing Corp Ii's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Patrick's Housing Corp Ii
St. Patrick's Housing Corp II is dedicated to serving the needs of low-income elderly and/or handicapped individuals. As a HUD-subsidized and regulated apartment complex, its mission is to provide affordable housing and additional services. This nonprofit organization aims to create an inclusive living environment, ensuring that these vulnerable individuals have access to suitable housing solutions. By adhering to HUD regulations and receiving HUD housing assistance, St. Patrick's Housing Corp II is able to accommodate 68 apartments specifically designed for these individuals under Section 202 of the National Housing Act.
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Impact
July, 2024
St Patrick's Housing Corp II provides 68 HUD-subsidized apartments to low-income elderly individuals in St. Petersburg, FL. The organization's impact lies in offering affordable housing and support services to elderly and handicapped individuals in need. Through its mission, St Patrick's Housing Corp II contributes to addressing the housing needs of vulnerable populations, ensuring they have a safe and comfortable place to call home.
This information is meant to be a general summary of St Patrick's Housing Corp Ii. 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: $2,969
- Program Service Revenue: $196,658
- Gross Receipts: $461,367
Assets and Liabilities:
- Total Assets: $7,071,954
- Total Liabilities: $44,243
- Net Assets: $7,027,711
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT RENT
Revenue
$196,658
Organization Details
Founding Year
2011
Phone
(727) 893-1313Principal Officer
James Wayne
Main Address
6363 NINTH AVENUE NORTH, ST PETERSBURG, FL, 33710
NTEE Category
Code: L22 - Housing
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