Overview
What is South Philadelphia Presbyterian Apartments Inc?
South Philadelphia Presbyterian Apartments Inc is a nonprofit organization located in Lafayette Hill, Pennsylvania. Their primary focus is to manage and maintain an affordable housing complex, specifically a 67-unit building designed for the elderly and physically disabled residents. They offer support services and recreational activities to foster increased socialization and enrichment for all residents in a welcoming environment. The organization, which employs a team of five individuals, is dedicated to providing housing opportunities that promote enthusiasm, confidence, and security for all, regardless of their physical, social, or economic circumstances. The organization's mission extends beyond just housing, as they strive to create a positive living environment for their residents.
Official website here: www.humangood.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
South Philadelphia Presbyterian Apartments Inc has achieved an 81% rating from Charity Navigator, reflecting a strong commitment to accountability and finance. This score is derived entirely from the organization's performance in the Accountability & Finance category, indicating that the charity effectively manages its resources and adheres to financial best practices.
The organization boasts a high degree of governance, with 55% of its board members being independent. It also excels in various financial oversight aspects, earning perfect scores for its audit and oversight committee and policies related to conflict of interest and whistleblower protections. Additionally, it maintains a high program expense ratio of 92.95%, suggesting that the majority of its expenditures are directed toward fulfilling its mission.
However, while the charity demonstrates strong financial practices, potential donors and stakeholders may benefit from seeking further information about its programmatic impact and community outcomes, which are not reflected in the numerical rating alone. Overall, the organization shows a robust framework for accountability and governance.
This AI summary has been generated from information found on Charity Navigator.
Is South Philadelphia Presbyterian Apartments Inc legitimate?
South Philadelphia Presbyterian Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Philadelphia Presbyterian Apartments 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: $175,760
For more financial information, click here
Official website here: www.humangood.org
What is the mission statement of South Philadelphia Presbyterian Apartments Inc?
South Philadelphia Presbyterian Apartments Inc, as per their mission statement at Humangood, aims to provide everyone, regardless of physical, social, or economic circumstances, an opportunity to live with enthusiasm, confidence, and security. Their belief is inclusive, extending to everyone, including the residents of their affordable housing project.
The organization operates and maintains an affordable housing apartment building, specifically designed for the elderly and physically disabled, offering 67 units. They provide support services and recreational activities within the building, encouraging increased socialization and enrichment for all residents in a welcoming environment. Out of the 67 units, 66 are made available to residents.
Official website here: www.humangood.org
Who is the CEO of South Philadelphia Presbyterian Apartments Inc?
John H Cochrane Iii is the President/Chief Executive Officer of South Philadelphia Presbyterian Apartments Inc. The CEO's salary of South Philadelphia Presbyterian Apartments Inc is $0 and their total compensation is $459,828.
Official website here: www.humangood.org
What is the revenue of South Philadelphia Presbyterian Apartments Inc?
South Philadelphia Presbyterian Apartments Inc's revenue in 2022 was $813,342.
Official website here: www.humangood.org
Who are the executives of South Philadelphia Presbyterian Apartments Inc and what are their salaries?
The average compensation at South Philadelphia Presbyterian Apartments Inc during 2022 was $35,152. There are 5 employees and 5 volunteers at South Philadelphia Presbyterian Apartments Inc.
Here are 19 key members and their salaries (South Philadelphia Presbyterian Apartments Inc's CEO's salary is $0 and their total compensation is $459,828):
- Compensation: $0
- Related: $73,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $63,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,032,339
- Other: $39,055
- Compensation: $0
- Related: $786,516
- Other: $43,528
- Compensation: $0
- Related: $552,085
- Other: $38,623
- Compensation: $0
- Related: $472,179
- Other: $16,199
- Compensation: $0
- Related: $434,627
- Other: $38,817
- Compensation: $0
- Related: $416,003
- Other: $43,825
- Compensation: $0
- Related: $263,168
- Other: $13,804
- Compensation: $0
- Related: $206,162
- Other: $33,272
- Compensation: $0
- Related: $242,424
- Other: $0
Official website here: www.humangood.org
Where can I find the form 990 for South Philadelphia Presbyterian Apartments Inc?
South Philadelphia Presbyterian Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.humangood.org
Learn more at the official website: www.humangood.org
Mission Statement of South Philadelphia Presbyterian Apartments Inc
South Philadelphia Presbyterian Apartments Inc, as an organization, is committed to the belief that everyone, regardless of physical, social, or economic circumstances, deserves to live with enthusiasm, confidence, and security. Their mission, in essence, is to create an inclusive environment where every individual can thrive. The organization operates and maintains a 67-unit affordable housing project, providing accommodation for the elderly and physically disabled. Beyond just offering a place to live, South Philadelphia Presbyterian Apartments Inc also offers support services and recreational activities to facilitate increased socialization and enrichment for its residents. These initiatives are designed to foster a positive and welcoming environment within the apartment building, with 66 of the 67 units available for residence.
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Impact
July, 2024
South Philadelphia Presbyterian Apartments Inc's impact lies in providing a positive and welcoming environment for elderly and physically disabled individuals in Philadelphia, PA. By operating a 67-unit affordable housing project, the organization not only offers essential living spaces but also delivers support services and recreational activities to enhance socialization and enrichment for all residents. This initiative contributes towards fostering a sense of community, ensuring that individuals have access to a safe and supportive living environment regardless of their circumstances.
This information is meant to be a general summary of South Philadelphia Presbyterian Apartments 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.
- Investment Income: $55
- Program Service Revenue: $349,653
- Gross Receipts: $813,342
Assets and Liabilities:
- Total Assets: $5,287,629
- Total Liabilities: $8,520,214
- Net Assets: -$3,232,585
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$349,653
Organization Details
Founding Year
2002
Phone
(610) 834-1001Principal Officer
John H Cochrane Iii
Main Address
2000 JOSHUA ROAD, LAFAYETTE HILL, PA, 194442430
Website
www.humangood.orgNTEE Category
Code: P75 - Human services
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