Overview
What is Patricia And Mark Joseph Shelter Foundation Inc?
Patricia And Mark Joseph Shelter Foundation Inc, based in Baltimore, Maryland, is a dedicated nonprofit organization with a mission to provide housing solutions for the elderly and low-income individuals, as well as the homeless. They achieve this objective by investing in and operating rental housing projects, thereby offering affordable living spaces. The Foundation also extends its support to nonprofit organizations and agencies that cater to the needs of children, elderly individuals, and the community as a whole. Additionally, they engage in public education about housing needs, offer training in housing management, and operate programs to aid distressed urban areas. The Foundation is a small entity, employing only one individual.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
The Patricia And Mark Joseph Shelter Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The charity's overall score is based solely on its Accountability & Finance metrics, which indicate a solid performance in managing its resources effectively.
The foundation demonstrates exceptional governance, with 100% of its board members being independent. This independence, along with a strong financial oversight structure, has earned it perfect scores in several areas, including audit practices and conflict of interest policies. Additionally, the organization allocates a significant portion of its budget—over 80%—to its programs, which underscores its dedication to fulfilling its mission.
However, while the foundation excels in accountability, it is important for potential donors to consider additional factors such as program effectiveness and community impact, which are not reflected in its current rating. Overall, the Patricia And Mark Joseph Shelter Foundation Inc appears to be a responsible choice for those looking to support a charity with a focus on transparency and sound financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Patricia And Mark Joseph Shelter Foundation Inc legitimate?
Patricia And Mark Joseph Shelter Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Patricia And Mark Joseph Shelter Foundation 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: $37,134
Professional Fundraising Fees: $0
Other Salaries and Wages: $327,513
For more financial information, click here
What is the mission statement of Patricia And Mark Joseph Shelter Foundation Inc?
The Patricia And Mark Joseph Shelter Foundation Inc's mission is centered around providing affordable housing for individuals with low and moderate income. Beyond housing, the organization also extends its support to nonprofit organizations and agencies that focus on the needs of children, the elderly, and the community at large. In addition to housing provision, they engage in public education about housing needs, offer training in housing management and related services, and run programs to aid distressed urban areas.
Who is the CEO of Patricia And Mark Joseph Shelter Foundation Inc?
Mark K Joseph is the Chairperson of Patricia And Mark Joseph Shelter Foundation Inc.
What is the revenue of Patricia And Mark Joseph Shelter Foundation Inc?
Patricia And Mark Joseph Shelter Foundation Inc's revenue in 2022 was $4,227,120.
Who are the executives of Patricia And Mark Joseph Shelter Foundation Inc and what are their salaries?
The average compensation at Patricia And Mark Joseph Shelter Foundation Inc during 2022 was $364,647. There is 1 employee and 7 volunteers at Patricia And Mark Joseph Shelter Foundation Inc.
Here are 9 key members and their salaries:
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- Compensation: $37,134
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Where can I find the form 990 for Patricia And Mark Joseph Shelter Foundation Inc?
Patricia And Mark Joseph Shelter Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Patricia And Mark Joseph Shelter Foundation Inc
The Patricia and Mark Joseph Shelter Foundation Inc is committed to providing affordable housing solutions for individuals and families of low and moderate income. Their mission extends beyond simply providing housing, as they also invest in and operate rental housing projects and related amenities. This is done with the aim of benefiting the homeless, the elderly, and those falling within the low or moderate income bracket.
In addition to its housing initiatives, the foundation also aims to educate the public about housing needs, offering training and education in housing management and related services. Furthermore, they operate programs designed to aid distressed urban areas, demonstrating their dedication to the broader community. The foundation's work is not limited to housing; it also provides essential support to children, the elderly, and various community members in need.
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Impact
July, 2024
The impact of the Patricia And Mark Joseph Shelter Foundation Inc is centered around providing affordable housing to persons of low and moderate income, with a focus on the elderly, homeless individuals, and the community at large. By owning, investing in, and operating rental housing projects, the foundation is actively addressing the housing needs of vulnerable populations in Baltimore, MD. Additionally, through making grants to organizations and agencies that serve children, the elderly, and the community, the foundation is able to extend its impact beyond direct housing provision. Overall, the foundation's mission to educate the public about housing needs, provide training in housing management, and operate programs in distressed urban areas underscores its commitment to creating positive change in the realm of affordable housing.
This information is meant to be a general summary of Patricia And Mark Joseph Shelter Foundation 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: $1,032,199
- Program Service Revenue: $3,156,574
- Gross Receipts: $7,189,074
Assets and Liabilities:
- Total Assets: $42,394,224
- Total Liabilities: $8,574,301
- Net Assets: $33,819,923
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$3,156,574
Organization Details
Founding Year
1988
Phone
(410) 962-0595Principal Officer
Mark K Joseph
Main Address
200 EAST PRATT STREET 4100, BALTIMORE, MD, 212026155
NTEE Category
Code: L210 - Housing
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