Overview
What is St Patrick Apartments Ii Inc?
St. Patrick Apartments II Inc, a nonprofit organization situated in North Bethesda, Maryland, focuses on providing safe and affordable housing for lower-income senior adults. Their mission is deeply rooted in compassion, as inspired by Jesus Christ. They offer a continuum of high-quality residential, healthcare, and supportive social services, living up to their core values of love, compassion, hope, and integrity. By doing so, they aim to improve the lives of their senior tenants, bringing their mission to life with dedication and care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (72%, Two-Star out of Four Star rating)
St Patrick Apartments II Inc has received a two-star rating from Charity Navigator, indicating that the organization is in need of improvement, particularly in financial management and transparency. The organization has excelled in several areas, achieving a perfect score for accountability and finance, which reflects a strong commitment to responsible governance practices. Notably, it has a fully independent board and effective policies in place for conflict of interest and whistleblower protection.
However, there are significant concerns regarding the organization's financial health, as demonstrated by a liabilities to assets ratio of 159.10%, suggesting that liabilities exceed assets by a considerable margin. Additionally, the nonprofit has received zero points for transparency, as it has not listed its website on its tax forms nor posted its tax form on its website. These limitations may hinder public trust and accessibility to important financial documents, which are essential for stakeholder engagement.
The organization does demonstrate a strong program expense ratio of 86.75%, indicating that a significant portion of its expenditures is directed toward its mission-related activities. Nevertheless, addressing the highlighted financial and transparency issues will be crucial for St Patrick Apartments II Inc to enhance its performance and community trust in the future.
This AI summary has been generated from information found on Charity Navigator.
Is St Patrick Apartments Ii Inc legitimate?
St Patrick Apartments Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Patrick Apartments Ii 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: $115,258
For more financial information, click here
What is the mission statement of St Patrick Apartments Ii Inc?
St. Patrick Apartments II Inc., driven by its faith in Jesus Christ, offers compassionate care through a comprehensive continuum of high-quality residential, healthcare, and supportive social services. The organization embodies its mission by living its core values of love, compassion, hope, and integrity. By providing safe, affordable housing and related facilities and services for lower-income senior adult tenants, St. Patrick Apartments II Inc. aims to improve the lives of its residents, promoting a sense of community and well-being.
Who is the CEO of St Patrick Apartments Ii Inc?
Todd Travis is the Director of St Patrick Apartments Ii Inc.
What is the revenue of St Patrick Apartments Ii Inc?
St Patrick Apartments Ii Inc's revenue in 2022 was $558,669.
Who are the executives of St Patrick Apartments Ii Inc and what are their salaries?
There 1 volunteer at St Patrick Apartments Ii Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for St Patrick Apartments Ii Inc?
St Patrick Apartments Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Patrick Apartments Ii Inc
St. Patrick Apartments II Inc, inspired by Jesus Christ, is dedicated to providing compassionate care through a continuum of high-quality residential, healthcare, and supportive social services. The organization embodies its mission by living out its core values of love, compassion, hope, and integrity. Through these values, St. Patrick Apartments II Inc offers safe, affordable housing and related facilities and services for lower-income senior adult tenants. By focusing on these essential aspects, the nonprofit aims to improve the lives of its residents, fostering a sense of care and support within its community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
St. Patrick Apartments II Inc, based in North Bethesda, MD, is dedicated to providing safe and affordable housing for lower-income senior adult tenants. The organization's mission, inspired by Jesus Christ, focuses on delivering compassionate care through a range of high-quality residential, healthcare, and supportive social services. By embodying core values such as love, compassion, hope, and integrity, St. Patrick Apartments II aims to enhance the quality of life for seniors in need. Its impact is seen in the tangible support and sense of security it provides to its residents, ensuring they have a comfortable and caring environment to call home.
This information is meant to be a general summary of St Patrick Apartments Ii 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $289,417
- Gross Receipts: $558,669
Assets and Liabilities:
- Total Assets: $2,806,351
- Total Liabilities: $4,465,106
- Net Assets: -$1,658,755
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$277,170
ANCILLARY SERVICES
Revenue
$8,288
OTHER INCOME
Revenue
$3,959
Organization Details
Founding Year
1999
Phone
(301) 998-0400Principal Officer
Todd Travis
Main Address
11810 GRAND PARK AVENUE 600, NORTH BETHESDA, MD, 20852
NTEE Category
Code: L20 - Housing
If you are a representative of St Patrick Apartments Ii Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.