Overview
What is Nativity Bvm Place?
Nativity Bvm Place is a nonprofit organization located in Philadelphia, Pennsylvania, specifically at 222 N 17TH STREET, dedicated to providing housing for senior citizens aged 62 and above. This community resides in the Port Richmond neighborhood. The primary mission of Nativity Bvm Place involves the development and rental of low-income housing units, aiming to cater specifically to the needs of senior residents. With a small team of just two employees, the organization has established a 63-unit housing project to offer suitable living spaces for its target demographic.
Official website here: www.humangood.org/nativity-bvm/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Nativity BVM Place has achieved a high rating of 96%, which reflects its strong accountability and financial management practices. This rating is entirely based on a single beacon score, indicating that the organization demonstrates a commitment to transparency and responsible stewardship of its resources, as evidenced by its perfect scores in various evaluation categories.
The organization benefits from a fully independent board, with 100% of its members being independent, and an effective oversight committee that ensures thorough auditing processes. Nativity BVM Place has also implemented comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention, which contribute to its overall accountability.
One notable strength is its impressive program expense ratio of 94.30%, indicating that a significant portion of its budget is directed toward its programs rather than administrative costs. This focus on programmatic spending highlights the charity's dedication to its mission. Overall, Nativity BVM Place showcases a robust operational framework, although continuous monitoring and assessment will be important for maintaining these high standards.
This AI summary has been generated from information found on Charity Navigator.
Is Nativity Bvm Place legitimate?
Nativity Bvm Place is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nativity Bvm Place 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: $109,813
For more financial information, click here
Official website here: www.humangood.org/nativity-bvm/
What is the mission statement of Nativity Bvm Place?
Nativity Bvm Place is dedicated to the development and rental of affordable housing for seniors aged 62 and above. Their mission is to provide suitable living spaces for this age group, contributing to their well-being and independence. Located in an unspecified area, the organization operates a 63-unit housing project particularly designed for seniors, thereby offering them a secure living environment in the Port Richmond neighborhood of Philadelphia.
Official website here: www.humangood.org/nativity-bvm/
Who is the CEO of Nativity Bvm Place?
James Amato Msw is the President of Nativity Bvm Place.
Official website here: www.humangood.org/nativity-bvm/
What is the revenue of Nativity Bvm Place?
Nativity Bvm Place's revenue in 2022 was $644,378.
Official website here: www.humangood.org/nativity-bvm/
Who are the executives of Nativity Bvm Place and what are their salaries?
The average compensation at Nativity Bvm Place during 2022 was $54,906. There are 2 employees and 7 volunteers at Nativity Bvm Place.
Here are 7 key members and their salaries:
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Official website here: www.humangood.org/nativity-bvm/
Where can I find the form 990 for Nativity Bvm Place?
Nativity Bvm Place's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.humangood.org/nativity-bvm/
Learn more at the official website: www.humangood.org/nativity-bvm/
Mission Statement of Nativity Bvm Place
Nativity Bvm Place, as a nonprofit organization, is committed to a mission that involves the development and rental of low-income housing for senior citizens aged 62 and above. This mission is specifically focused on the Port Richmond neighborhood of Philadelphia. The organization operates a 63-unit housing project that provides a secure and affordable living space for elderly individuals, offering them a sense of community and support during their golden years. By providing this essential service, Nativity Bvm Place contributes to the well-being and independence of senior citizens, ensuring they can age with dignity and security.
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Impact
July, 2024
Nativity Bvm Place's impact lies in providing affordable housing for seniors aged 62 and older in the Port Richmond neighborhood of Philadelphia. This initiative directly addresses the pressing need for low-income housing for elderly individuals, ensuring they have a safe and stable place to live. By offering 63 units in this housing project, Nativity Bvm Place contributes to enhancing the quality of life for seniors in the community, allowing them to age with dignity and security. Additionally, by focusing on this specific demographic, the organization plays a crucial role in supporting the well-being and welfare of older adults in the area.
This information is meant to be a general summary of Nativity Bvm Place. 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: $28
- Program Service Revenue: $629,826
- Gross Receipts: $644,378
Assets and Liabilities:
- Total Assets: $10,155,559
- Total Liabilities: $1,992,380
- Net Assets: $8,163,179
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$629,826
Organization Details
Founding Year
2010
Phone
(267) 663-5430Principal Officer
James Amato Msw
Main Address
222 N 17TH STREET, PHILADELPHIA, PA, 19103
NTEE Category
Code: L20 - Housing
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