Overview
What is St Anthony's Housing For The Elderly Corporation?
St. Anthony's Housing for the Elderly Corporation is a nonprofit organization situated in Wilmington, Delaware, specifically at 1703 W 10th Street. Their primary mission is to provide subsidized housing for low-income elderly tenants. They operate a 136-unit apartment complex, with financial assistance for rent coming from the U.S. Department of Housing and Urban Development. This organization aims to cater to the housing needs of the elderly population, ensuring they have a stable and affordable living environment.
Official website here: www.stanthonycenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating.
St. Anthony's Housing For The Elderly Corporation has achieved a high score on Charity Navigator, indicating strong accountability and financial health. The organization earned a perfect score in several categories, including the independence of its board members and the oversight of its financial statements. The program expense ratio of 85.36% suggests that the majority of its funds are directed towards its programs, reflecting a commitment to effective resource use.
While the nonprofit shows notable strengths, it does have some limitations in terms of governance. Specifically, the absence of a whistleblower policy is a point of concern, which could impact transparency and accountability. However, the charity's overall management practices, such as the presence of an independent board and clear documentation of its meeting minutes, indicate a solid foundation in governance.
In summary, St. Anthony's Housing For The Elderly Corporation demonstrates a strong commitment to financial accountability and effective program delivery. Despite a small gap in its governance policies, the organization maintains a high standard of operation, making it a reliable choice for those seeking to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is St Anthony's Housing For The Elderly Corporation legitimate?
St Anthony's Housing For The Elderly Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Anthony's Housing For The Elderly Corporation 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: $236,624
For more financial information, click here
Official website here: www.stanthonycenter.org
What is the mission statement of St Anthony's Housing For The Elderly Corporation?
St. Anthony's Housing for the Elderly Corporation is committed to providing subsidized housing for low-income elderly tenants. This mission is carried out by operating a 136-unit apartment complex, with rent subsidies provided by the U.S. Department of Housing and Urban Development. The corporation's primary goal is to ensure that elderly individuals with limited income have access to affordable living accommodations. By providing this housing, St. Anthony's Housing for the Elderly Corporation aims to contribute positively to the well-being and independence of its tenants. The organization's efforts in this area help to alleviate some of the challenges faced by elderly individuals who may be on a fixed income.
Official website here: www.stanthonycenter.org
Who is the CEO of St Anthony's Housing For The Elderly Corporation?
Michael Mccudden is the President of St Anthony's Housing For The Elderly Corporation.
Official website here: www.stanthonycenter.org
What is the revenue of St Anthony's Housing For The Elderly Corporation?
St Anthony's Housing For The Elderly Corporation's revenue in 2023 was $1,831,211.
Official website here: www.stanthonycenter.org
Who are the executives of St Anthony's Housing For The Elderly Corporation and what are their salaries?
There 3 volunteers at St Anthony's Housing For The Elderly Corporation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.stanthonycenter.org
Where can I find the form 990 for St Anthony's Housing For The Elderly Corporation?
St Anthony's Housing For The Elderly Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.stanthonycenter.org
Learn more at the official website: www.stanthonycenter.org
Mission Statement of St Anthony's Housing For The Elderly Corporation
St. Anthony's Housing for the Elderly Corporation is committed to providing subsidized housing for low-income elderly tenants. This mission is carried out through the operation of a 136-unit apartment complex, where rent subsidies are provided by the U.S. Department of Housing and Urban Development. The corporation's primary goal is to ensure that elderly individuals with limited financial resources have access to safe and affordable housing, thereby improving their quality of life. By providing subsidized housing, St. Anthony's Housing for the Elderly Corporation plays a crucial role in supporting the elderly community, enabling them to maintain their independence and dignity while living in a secure environment.
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Impact
July, 2024
St Anthony's Housing for the Elderly Corporation provides essential subsidized housing for low-income elderly tenants in Wilmington, DE. By operating a 136-unit apartment complex and facilitating rent subsidies from the U.S. Department of Housing and Urban Development, this organization directly addresses the pressing need for affordable housing among the elderly population. Their impact translates into improved quality of life, security, and stability for the vulnerable elderly residents they serve. Through their mission to provide subsidized housing, St Anthony's Housing for the Elderly Corporation plays a vital role in promoting dignity and well-being for senior citizens in the community.
This information is meant to be a general summary of St Anthony's Housing For The Elderly Corporation. 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 2023.
- Investment Income: $12,262
- Program Service Revenue: $555,707
- Gross Receipts: $1,831,211
Assets and Liabilities:
- Total Assets: $4,637,871
- Total Liabilities: $195,033
- Net Assets: $4,442,838
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MONTHLY RENTAL FROM TENANTS
Revenue
$555,707
Organization Details
Founding Year
1979
Phone
(302) 421-3724Principal Officer
Michael Mccudden
Main Address
1703 W 10TH STREET, WILMINGTON, DE, 19805
Website
www.stanthonycenter.orgNTEE Category
Code: L22 - Housing
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