St Lukes Homes Inc

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

EIN: 521685393 ✦ Rockville, MD ✦ Designated as a 501(c)(3)

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Overview

What is St Lukes Homes Inc?

St. Luke's Homes Inc. is a nonprofit organization established in December 1988, situated in Rockville, Maryland. Its primary mission is to offer affordable housing facilities for elderly individuals and those with disabilities. Financed by the U.S. Department of Housing and Urban Development (HUD) under Section 202 of the National Affordable Housing Act, the organization provides 18 housing units to cater to this specific group. The entity is regulated by HUD, ensuring fair rent charges and operating methods, thereby ensuring decent living conditions for its residents.

Is St Lukes Homes Inc legitimate?

St Lukes Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Lukes Homes 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 St Lukes Homes Inc?

St. Luke's Homes Inc., as a non-profit organization, is committed to providing affordable housing solutions for the elderly and individuals with disabilities. This mission is fulfilled under two distinct acts: Section 202 and Section 811 of the National Affordable Housing Act. The organization constructs and operates housing and related facilities, catering to a specific demographic in need. The U.S. Department of Housing and Urban Development (HUD) provides financial assistance for these endeavors, ensuring that rental charges and operating methods adhere to HUD regulations. The primary goal of St. Luke's Homes Inc. is to create an inclusive living environment, offering a sense of security and independence to its residents.

What is the revenue of St Lukes Homes Inc?

St Lukes Homes Inc's revenue in 2024 was $212,235.

Who are the executives of St Lukes Homes Inc and what are their salaries?

There 5 volunteers at St Lukes Homes Inc.

Here are 5 key members and their salaries:


Cari Guthrie Cho (President/Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Sintetos (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley Estremsky (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Audas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Monzi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Lukes Homes Inc?

St Lukes Homes Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of St Lukes Homes Inc

St. Luke's Homes Inc is committed to providing affordable housing solutions for the elderly and individuals with disabilities. This mission is in line with Section 202 of the National Affordable Housing Act, a legislative framework aimed at making housing more accessible and affordable for specific populations. The organization, established in 1988, has constructed and operates 18 housing units designed to cater to individuals who fall under these categories. The U.S. Department of Housing and Urban Development (HUD) financed this venture, and St. Luke's Homes Inc is regulated by HUD in terms of rental charges and operational methods, ensuring that the services it provides remain affordable and sustainable.

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Impact




October, 2024

St. Luke's Homes Inc. directly impacts its community by providing affordable housing specifically designed for elderly individuals and those with disabilities. Located in Rockville, Maryland, this organization operates 18 housing units that cater to a vulnerable demographic, ensuring that they have access to safe, stable, and supportive living conditions. By focusing on individuals affected by age or disability, St. Luke's Homes not only addresses essential housing needs but also promotes independence and dignity, allowing residents to live within their means while enjoying a quality lifestyle.

The organization was established under the framework of the National Affordable Housing Act, which aligns its mission with broader national goals to enhance the living conditions of underserved populations. The support from the U.S. Department of Housing and Urban Development underscores a commitment to maintaining affordable rent and regulated operating methods, all of which contribute to sustainable community development. Through its efforts, St. Luke's Homes Inc. fosters an environment where elderly residents and persons with disabilities can thrive, enhancing their well-being and enriching the community as a whole.




This information is meant to be a general summary of St Lukes Homes 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
$212,235 (2024)
Expenses
$206,676 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $161
  • Program Service Revenue: $40,895
  • Gross Receipts: $212,235

Assets and Liabilities:

  • Total Assets: $472,290
  • Total Liabilities: $750,893
  • Net Assets: -$278,603

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Programs

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

RENTAL INCOME

Revenue

$40,895

Organization Details

Founding Year

1988

Principal Officer

Cari Guthrie Cho

NTEE Category

Code: L22 - Housing

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