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St Ambrose Housing Aid Center Inc

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

EIN: 521729460 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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

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.

Here 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:

    Gerard Joab (President) [Trustee/Director]
  • Compensation: $147,053
  • Related: $0
  • Other: $0

    • Cheryl Hinton (Cfo) [Trustee/Director]
  • Compensation: $98,084
  • Related: $0
  • Other: $0

    • Leah Mason-Grant (Vice President) [Trustee/Director]
  • Compensation: $69,874
  • Related: $0
  • Other: $0

    • Phil Croskey (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Roberts (Chair Of Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane Wilson (Immediate Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Wells (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Dugan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Henderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Hook (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Seema Iyer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theo Ngongang (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emmett Voelkel (Trustee)
  • 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?

    The 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.

    Impact

    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.




    Saturday, July 20, 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.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • 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
  • 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

    Principal Officer

    Gerard Joab

    Main Address

    321 EAST 25TH STREET, BALTIMORE, MD, 21218

    NTEE 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.