Overview
What is St Ambrose Housing Aid Center Inc?
St. Ambrose Housing Aid Center Inc., located in Baltimore, Maryland, is a nonprofit organization committed to addressing housing needs. Their primary mission is to provide affordable housing options for low-to-moderate income individuals and families, as well as those with special needs, within the Baltimore city limits. They accomplish this by purchasing and renovating homes, which are then sold to eligible individuals based on their income level. Additionally, the organization manages rental apartments, offering affordable housing solutions to qualified individuals. With a dedicated workforce of 55 employees, St. Ambrose Housing Aid Center Inc. is a vital resource in the Baltimore community, helping to ensure that housing remains accessible for all.
Official website here: www.stambros.org
What are the reviews and ratings of this charity?
Charity Navigator has rated St Ambrose Housing Aid Center Inc with a Four-Star out of Four Star rating, reflecting an impressive score of 91%. This rating highlights the organization's strong accountability and financial management practices, indicating that it effectively utilizes its resources to support its mission and programs.
The organization excels in several key areas, including having an entirely independent board, with 100% of its members meeting this criterion. St Ambrose also demonstrates excellent financial oversight, scoring full points in areas such as material diversion of assets and having comprehensive policies for conflict of interest and whistleblower protection. Furthermore, the charity's program expense ratio is commendable at 72.89%, suggesting that a significant portion of its expenditures directly supports its programs.
While the charity shows robust financial health and governance practices, detailed feedback from users regarding program impact and community engagement is not available. Nonetheless, the high rating from Charity Navigator suggests that St Ambrose Housing Aid Center Inc is a reliable and effective organization in its sector.
This AI summary has been generated from information found on Charity Navigator.
Is St Ambrose Housing Aid Center Inc legitimate?
St Ambrose Housing Aid Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Ambrose Housing Aid Center 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: $147,053
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,160,897
For more financial information, click here
Official website here: www.stambros.org
What is the mission statement of St Ambrose Housing Aid Center Inc?
St. Ambrose Housing Aid Center Inc's mission is centered around providing affordable housing options for individuals with limited financial resources. They achieve this by purchasing and renovating homes, which are then sold to qualified individuals based on their income level. Additionally, the center renovates housing apartments that it rents out to eligible individuals. This organization's efforts contribute significantly to making housing more accessible for those in need.
Official website here: www.stambros.org
Who is the CEO of St Ambrose Housing Aid Center Inc?
Gerard Joab is the President of St Ambrose Housing Aid Center Inc.
Official website here: www.stambros.org
What is the revenue of St Ambrose Housing Aid Center Inc?
St Ambrose Housing Aid Center Inc's revenue in 2022 was $3,623,979.
Official website here: www.stambros.org
Who are the executives of St Ambrose Housing Aid Center Inc and what are their salaries?
The average compensation at St Ambrose Housing Aid Center Inc during 2022 was $41,963. There are 55 employees at St Ambrose Housing Aid Center Inc.
Here are 13 key members and their salaries:
- Compensation: $147,053
- Related: $0
- Other: $0
- Compensation: $69,874
- Related: $0
- Other: $0
- Compensation: $98,084
- 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: $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
Official website here: www.stambros.org
Where can I find the form 990 for St Ambrose Housing Aid Center Inc?
St Ambrose Housing Aid Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stambros.org
Learn more at the official website: www.stambros.org
Mission Statement of St Ambrose Housing Aid Center Inc
St. Ambrose Housing Aid Center Inc has a mission to facilitate affordable housing for individuals with limited financial resources. This organization achieves this by pursuing various strategies. Primarily, it purchases and renovates houses, which are then sold to qualified individuals based on their income level. By doing so, St. Ambrose helps address the housing needs of those in need, enabling them to secure a place to call home.
Besides purchasing and renovating homes, St. Ambrose also manages housing apartments that it rents to qualified individuals. These apartments are made available to those in need, further contributing to the organization's mission of providing affordable housing solutions. By offering both home ownership and rental opportunities, St. Ambrose Housing Aid Center Inc aims to make housing more accessible and affordable for individuals with limited financial resources.
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. Ambrose Housing Aid Center Inc's impact can be seen in the facilitation of affordable housing for individuals with limited financial resources in Baltimore City. Through its rental services program, St. Ambrose Housing Aid Center Inc is dedicated to providing affordable housing to low to moderate-income individuals, families, and those with special needs in Baltimore, Maryland. This organization plays a crucial role in ensuring that individuals have access to safe and stable housing options, ultimately contributing to the overall well-being and stability of the community.
This information is meant to be a general summary of St Ambrose Housing Aid Center 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: $1,331,270
- Gross Receipts: $4,078,137
Assets and Liabilities:
- Total Assets: $10,293,525
- Total Liabilities: $5,497,498
- Net Assets: $4,796,027
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.
HOME SHARING
Revenue
$1,170,394
FEE FOR SERVICES
Revenue
$204,490
Organization Details
Founding Year
1973
Phone
(410) 366-8362Principal Officer
Gerard Joab
Main Address
321 EAST 25TH STREET, BALTIMORE, MD, 21218
Website
www.stambros.orgNTEE Category
Code: L200 - Housing
If you are a representative of St Ambrose Housing Aid Center 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.