Overview
What is American Hellenic Foundation Of St Louis?
American Hellenic Foundation of St. Louis is a nonprofit organization established with the mission to create and manage an affordable housing apartment community. Their primary focus is on providing low-income housing options, specifically for the elderly population. The foundation's efforts aim to contribute positively to the community by offering a living space that caters to individuals with financial constraints.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)
The American Hellenic Foundation of St. Louis has earned an impressive 87% rating from Charity Navigator, indicating strong performance, particularly in accountability and finance. This rating is solely based on the organization's commitment to financial transparency and responsible management, showcasing its effectiveness in utilizing resources for its mission.
Key strengths highlighted include a fully independent board of directors, with all members meeting the criteria for independence. The organization also exhibits no material diversion of assets and maintains comprehensive policies for conflict of interest and document retention. Additionally, a very low liabilities-to-assets ratio suggests solid financial health.
Despite these strengths, the rating is based entirely on financial metrics without an evaluation of programmatic effectiveness or community impact. While the high program expense ratio indicates a significant portion of funds is directed towards programs, further insights into the outcomes of these programs would provide a more complete picture of the foundation's overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is American Hellenic Foundation Of St Louis legitimate?
American Hellenic Foundation Of St Louis is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Hellenic Foundation Of St Louis 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of American Hellenic Foundation Of St Louis?
The American Hellenic Foundation of St. Louis was established with the mission to construct, own, and operate an affordable housing apartment community. This initiative is primarily aimed at providing housing solutions for low-income elderly individuals, as well as those in need of affordable housing in general. By doing so, the foundation seeks to contribute to the well-being and stability of its residential community.
Who is the CEO of American Hellenic Foundation Of St Louis?
Leon Spanos is the President of American Hellenic Foundation Of St Louis.
What is the revenue of American Hellenic Foundation Of St Louis?
American Hellenic Foundation Of St Louis's revenue in 2022 was $3,813,059.
Who are the executives of American Hellenic Foundation Of St Louis and what are their salaries?
There 9 volunteers at American Hellenic Foundation Of St Louis.
Here are 9 key members and their salaries:
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Where can I find the form 990 for American Hellenic Foundation Of St Louis?
American Hellenic Foundation Of St Louis's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Hellenic Foundation Of St Louis
The American Hellenic Foundation of St. Louis was established with a specific mission in mind. This mission revolves around constructing, owning, and managing an affordable housing apartment community. The primary objective of this nonprofit organization is to provide low-income housing, with a special focus on accommodating elderly individuals. By offering affordable housing, the American Hellenic Foundation of St. Louis aims to contribute to the well-being of the community by providing a stable living environment for those in need.
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Impact
July, 2024
The American Hellenic Foundation of St. Louis has made a significant impact by providing affordable housing options for low-income elderly individuals and families in the community. The organization's mission to construct, own, and operate an affordable housing apartment community directly addresses the pressing need for accessible and safe housing. By offering low-income housing solutions, the foundation plays a vital role in supporting vulnerable populations and contributing to the overall well-being of the community.
This information is meant to be a general summary of American Hellenic Foundation Of St Louis. 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: $3,466,028
- Program Service Revenue: $299,606
- Gross Receipts: $6,046,198
Assets and Liabilities:
- Total Assets: $2,951,777
- Total Liabilities: $0
- Net Assets: $2,951,777
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE HUD
Revenue
$205,879
RENTAL INCOME
Revenue
$82,989
SERVICE COORDINATOR HUD
Revenue
$10,738
Organization Details
Founding Year
1980
Phone
(314) 487-5553Principal Officer
Leon Spanos
Main Address
3601 LEMAY FERRY ROAD, ST LOUIS, MO, 63125
NTEE Category
Code: L210 - Housing
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