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Greenvale Place Of Northfield Inc

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

EIN: 416161167 ✦ St paul, MN ✦ Designated as a 501(c)(3)

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Overview

What is Greenvale Place Of Northfield Inc?

Greenvale Place of Northfield Inc is a nonprofit organization committed to offering affordable housing solutions. Situated in Northfield, this organization provides 96 housing units to families who have experienced urban renewal displacement, governmental actions, or major disasters. Their mission is to offer cost-effective shelter to families in need, serving as a crucial support system during challenging times.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79%, Three-Star out of Four Star rating

Greenvale Place Of Northfield Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance with a score of 79%. This rating reflects a commitment to strong governance and transparency, evidenced by its independent board members and comprehensive policies in place, such as conflict of interest and whistleblower protections.

The organization excels in several key areas, including having an entirely independent board and a high program expense ratio, ensuring that virtually all of its expenditures support its mission. Additionally, Greenvale Place has demonstrated effective oversight through its audit and oversight committee, contributing to its overall financial health.

However, the organization has a notable weakness in its liabilities to assets ratio, scoring 0 out of 15 points in this area. This suggests potential financial strain, which could be a concern for stakeholders and donors. Overall, while Greenvale Place shows strong governance indicators, attention to its financial liabilities may be necessary for long-term sustainability.


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

Is Greenvale Place Of Northfield Inc legitimate?

Greenvale Place Of Northfield Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenvale Place Of Northfield Inc 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: $0

For more financial information, click here

What is the mission statement of Greenvale Place Of Northfield Inc?

Greenvale Place of Northfield Inc. is an organization committed to providing affordable housing solutions. Their mission is to offer cost-effective shelter for families who have been displaced due to urban renewal, governmental actions, or major disasters. The primary goal is to provide a safe and affordable living space for these families, ensuring they can continue their lives with minimal disruption. The organization prides itself on its role in offering a lifeline to families in need, providing them with a stable living environment during challenging times.

Who is the CEO of Greenvale Place Of Northfield Inc?

Angela Riley is the Secretary of Greenvale Place Of Northfield Inc.

What is the revenue of Greenvale Place Of Northfield Inc?

Greenvale Place Of Northfield Inc's revenue in 2022 was $952,737.

Who are the executives of Greenvale Place Of Northfield Inc and what are their salaries?


Here are 8 key members and their salaries:


Stacey Mahajan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Hanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Arey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Watts (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hank Walter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Riley (Chief Financial Officer)
  • Compensation: $0
  • Related: $191,412
  • Other: $17,893
Thomas Adams (Executive Vice President)
  • Compensation: $0
  • Related: $192,283
  • Other: $17,781
Where can I find the form 990 for Greenvale Place Of Northfield Inc?

Greenvale Place Of Northfield Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Greenvale Place Of Northfield Inc

Greenvale Place of Northfield Inc, a nonprofit organization, is dedicated to providing affordable housing for families who have encountered various adversities. These families have been displaced due to urban renewal areas, faced governmental actions, or have been affected by major disasters. The mission of Greenvale Place of Northfield Inc is to offer cost-effective shelter to these families, ensuring they have a secure place to call home amidst their hardships. The organization's 96 affordable housing units serve as a beacon of hope, providing a place for these families to rebuild their lives and regain stability.

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Impact




July, 2024

Greenvale Place Of Northfield Inc's impact lies in providing essential affordable housing for families in need. By offering 96 cost-effective housing units, the organization directly assists families who have been displaced due to urban renewal, governmental actions, or major disasters. This support helps these families maintain stable and secure living arrangements during challenging times. Through its mission, Greenvale Place Of Northfield Inc contributes to the well-being and resilience of communities in St. Paul, MN.




This information is meant to be a general summary of Greenvale Place Of Northfield Inc. 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
$952,737 (2022)
Expenses
$825,541 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,777
  • Program Service Revenue: $949,960
  • Gross Receipts: $952,737

Assets and Liabilities:

  • Total Assets: $1,346,967
  • Total Liabilities: $1,362,017
  • Net Assets: -$15,050

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Programs

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

HOUSING ASSISTANCE

Revenue

$522,864

TENANT RENTS

Revenue

$377,338

MISCELLANEOUS

Revenue

$49,758

Organization Details

Founding Year

1971

Principal Officer

Angela Riley

Main Address

1080 MONTREAL AVENUE, ST PAUL, MN, 55116

NTEE Category

Code: L20Z - Housing

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