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Big Daisy Corp

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

EIN: 271010116 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Big Daisy Corp?

Big Daisy Corp is a nonprofit organization situated in Philadelphia, Pennsylvania. Its primary mission is to provide affordable housing opportunities for families earning equal to or less than 60% of the area median income. While most of its apartments are reserved for formerly homeless individuals with specific needs, such as those recovering from substance abuse, dealing with physical disabilities, or managing mental health issues, three units are open to any household meeting the income requirement. The organization operates Jannie's Place, a 29-unit affordable housing development in West Philadelphia, contributing to the community by providing essential housing solutions.


Official website here: www.pec-cares.org

Is Big Daisy Corp legitimate?

Big Daisy Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Daisy Corp 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: $118,467

For more financial information, click here


Official website here: www.pec-cares.org

What is the mission statement of Big Daisy Corp?

Big Daisy Corp's mission is centered around providing affordable housing to families who earn equal to or less than 60% of the local median income. However, there are three apartments open to any household meeting the income requirement. The primary residents in all other apartments must be formerly homeless, with at least one household member dealing with alcohol or drug abuse, a physical disability, or a mental disability. The organization's goal is to offer a safe and affordable living space for these individuals, aiming to support their recovery and rehabilitation process.


Official website here: www.pec-cares.org

Who is the CEO of Big Daisy Corp?

Kathleen Desmond is the Director of Big Daisy Corp.


Official website here: www.pec-cares.org

What is the revenue of Big Daisy Corp?

Big Daisy Corp's revenue in 2022 was $400,755.


Official website here: www.pec-cares.org

Who are the executives of Big Daisy Corp and what are their salaries?

There 2 volunteers at Big Daisy Corp.


Here are 5 key members and their salaries:


Gregory El (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernadine Hawes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Keech (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Desmond (President - Pec)
  • Compensation: $0
  • Related: $181,444
  • Other: $19,106
Timothy Klarich (Vp Finance - Pec (Thru 7/9/21))
  • Compensation: $0
  • Related: $83,355
  • Other: $9,902


Official website here: www.pec-cares.org

Where can I find the form 990 for Big Daisy Corp?

Big Daisy Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pec-cares.org

Learn more at the official website: www.pec-cares.org

Mission Statement of Big Daisy Corp

Big Daisy Corp is a nonprofit organization that dedicates itself to providing affordable housing for households earning equal to or less than 60% of the area median income. However, there are three exceptions to this rule as three apartments are open to any household that meets the income requirement. The unique aspect of Big Daisy Corp's housing program is that all residents must be formerly homeless and have at least one household member with special needs. These special needs can range from recovering from alcohol or drug abuse, having a physical disability, or living with a mental disability. By offering affordable housing and catering to this specific population, Big Daisy Corp aims to provide a safe and supportive living environment for those who need it the most.

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Impact




October, 2024

Big Daisy Corp significantly impacts the community by providing affordable housing for households earning 60% or less of the area median income. Specifically, it operates Jannie’s Place, a 29-unit affordable housing development in West Philadelphia, which serves a vital need for those who have previously experienced homelessness and have varying special needs.

The majority of residents must be individuals who are recovering from alcohol or drug abuse, or who have physical or mental disabilities. By targeting these populations, Big Daisy Corp not only helps stabilize lives but also promotes social inclusion and rehabilitation. The accessibility of affordable housing empowers residents to regain their independence and fosters a supportive community environment.

Furthermore, by focusing on providing safe and secure housing for vulnerable populations, Big Daisy Corp plays a crucial role in addressing the broader issues of homelessness and housing instability. This mission contributes to healthier, more resilient communities in Philadelphia, as it alleviates the burden on emergency services and promotes overall well-being among its residents.




This information is meant to be a general summary of Big Daisy Corp. 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
$400,755 (2022)
Expenses
$781,341 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $33
  • Program Service Revenue: $75,477
  • Gross Receipts: $400,755

Assets and Liabilities:

  • Total Assets: $6,458,786
  • Total Liabilities: $9,288,488
  • Net Assets: -$2,829,702

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Programs

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

TENANT RENTAL REVENUES

Revenue

$75,477

Organization Details

Founding Year

2009

Principal Officer

Kathleen Desmond

Main Address

325 N 39TH STREET, PHILADELPHIA, PA, 19104

NTEE Category

Code: L20 - Housing

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