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Seabury

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

EIN: 411997880 ✦ St paul, MN ✦ Designated as a 501(c)(3)

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Overview

What is Seabury?

Seabury is a nonprofit organization situated in St. Paul, Minnesota, specifically at 1830 University Avenue West, 55104. Their primary mission is to improve the quality of life for senior adults aged 62 and above. They achieve this by providing affordable housing through their 49-unit HUD Section 202 project. The organization's purpose is to cater to the physical, social, and spiritual needs of these individuals, ensuring they live comfortably and with the necessary support.


Official website here: www.ehomesmn.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%

Seabury has received a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization’s overall score is derived exclusively from its financial practices, indicating a robust focus on responsible governance. With a high program expense ratio of 89%, the majority of its funds are directed towards fulfilling its mission, demonstrating effective resource allocation.

The charity boasts a fully independent board of directors, which enhances its governance structure and integrity. All 19 board members are independent, ensuring unbiased decision-making. Additionally, the organization has implemented essential policies such as conflict of interest and whistleblower protections, which further solidify its commitment to ethical operations.

However, while the organization excels in financial transparency and governance, the summary does not provide insights into programmatic impact or specific outcomes related to its mission. This aspect may be critical for potential donors looking to understand the tangible effects of their contributions. Overall, Seabury stands out for its high standards of accountability and financial management.


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

Is Seabury legitimate?

Seabury is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seabury 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: $146,640

For more financial information, click here


Official website here: www.ehomesmn.org

What is the mission statement of Seabury?

Seabury's mission is centered around enhancing the quality of life for senior adults. They achieve this by providing homes and services that cater to each individual's physical, social, and spiritual needs. The organization operates a 49-unit housing project, specifically designed for low-income individuals aged 62 or older, under the HUD Section 202 program. This project serves as a rental facility, furthering Seabury's commitment to supporting the elderly community.


Official website here: www.ehomesmn.org

Who is the CEO of Seabury?

Marvin Plakut is the President/Ceo of Seabury. The CEO's salary of Seabury is $0 and their total compensation is $340,653.


Official website here: www.ehomesmn.org

What is the revenue of Seabury?

Seabury's revenue in 2022 was $470,326.


Official website here: www.ehomesmn.org

Who are the executives of Seabury and what are their salaries?

There 35 volunteers at Seabury.


Here are 26 key members and their salaries (Seabury's CEO's salary is $0 and their total compensation is $340,653):


Marvin Plakut (President/Ceo)
  • Compensation: $0
  • Related: $326,339
  • Other: $14,314
John T Henry (Cfo)
  • Compensation: $0
  • Related: $195,260
  • Other: $27,908
Mary Routhieaux (Cao)
  • Compensation: $0
  • Related: $150,647
  • Other: $28,252
Melissa Schneider (Coo)
  • Compensation: $0
  • Related: $146,530
  • Other: $10,338
Steven Mork (Coo (Thru July))
  • Compensation: $0
  • Related: $105,489
  • Other: $16,920
Peter Gove (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Gilbertson (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Ostenso (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Forbes (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Capaldini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Carlsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Clary (Director (Thru Nov))
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Cook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Cunninham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois Cutler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jihan Golden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Haigh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Hawthorne (Director (Thru May))
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Hove (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Huber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Lilja (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Craig Loya (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Jane Nowlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Schaefer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Scheibel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Swenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ehomesmn.org

Where can I find the form 990 for Seabury?

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


Official website here: www.ehomesmn.org

Learn more at the official website: www.ehomesmn.org

Mission Statement of Seabury

Seabury, a nonprofit organization, is committed to enhancing the quality of life for senior adults aged 62 and older. Their mission is multifaceted, aiming to provide homes and services that cater to each individual's physical, social, and spiritual needs. By doing so, Seabury strives to create an environment where senior adults can thrive and live with dignity and independence.

Concretely, Seabury operates a 49-unit HUD Section 202 housing project, which provides rental accommodation for low-income individuals who are 62 years old or older. This housing project is a testament to Seabury's dedication to ensuring that senior adults have access to safe, affordable, and comfortable living spaces. By providing such housing, Seabury is not only addressing the basic need for shelter but also creating a community where these individuals can connect with their peers and engage in activities that support their overall well-being.

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Impact




July, 2024

Seabury provides vital low-income housing for seniors aged 62 and older in St. Paul, MN through its 49-unit HUD Section 202 housing project. By offering affordable homes and services that support the physical, social, and spiritual needs of senior adults, Seabury significantly enhances their quality of life. This impact is especially crucial in addressing the housing needs of low-income elderly individuals in the community and ensuring they have a safe and comfortable place to call home.




This information is meant to be a general summary of Seabury. 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
$470,326 (2022)
Expenses
$744,696 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$13,558
  • Program Service Revenue: $473,318
  • Gross Receipts: $483,974

Assets and Liabilities:

  • Total Assets: $2,024,944
  • Total Liabilities: $86,823
  • Net Assets: $1,938,121

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Programs

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

RESIDENTIAL RENTAL INC

Revenue

$473,318

Organization Details

Founding Year

2001

Principal Officer

Marvin Plakut

Main Address

1830 UNIVERSITY AVENUE WEST, ST PAUL, MN, 55104

NTEE Category

Code: L21 - Housing

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