Overview
What is St Lukes Apartments Inc?
St. Luke's Apartments Inc is a nonprofit organization situated in Timonium, Maryland, specifically at 2300B Dulaney Valley Road. Their primary objective is to offer affordable and supportive living spaces for older adults. The organization is committed to fostering a sense of purpose, well-being, and harmony among its residents as well as its staff members. St. Luke's Apartments Inc is affiliated with Associated Catholic Charities, Inc., which is driven by the Gospel's teachings to love, serve, and educate, aiming to enhance the lives of Marylanders in need.
Official website here: www.cc-md.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
St Lukes Apartments Inc has achieved an overall score of 81%, reflecting solid performance primarily in Accountability & Finance. This score indicates a strong commitment to transparency and responsible financial management, crucial for donor trust and sustainability. The charity has particularly excelled in governance, featuring a fully independent board and no recorded material diversion of assets.
The organization benefits from a high program expense ratio of 89.87%, meaning that a significant majority of expenses are directed towards its programs rather than overhead costs. Additional strengths include comprehensive policies such as conflict of interest, whistleblower, and document retention, all of which contribute to the organization's accountability framework.
While the charity's score is commendable, it is important to note that the overall rating is based solely on a single beacon score for Accountability & Finance. This focus may limit insights into other operational aspects, such as program effectiveness or community impact, which are not captured within this financial rating alone.
This AI summary has been generated from information found on Charity Navigator.
Is St Lukes Apartments Inc legitimate?
St Lukes Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Lukes Apartments 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: $269,860
For more financial information, click here
Official website here: www.cc-md.org
What is the mission statement of St Lukes Apartments Inc?
St. Luke's Apartments Inc. is dedicated to providing affordable living spaces for older adults, fostering a sense of purpose, wellness, and harmony among its residents and staff. The organization is affiliated with Associated Catholic Charities, Inc., which shares a mission inspired by the Gospel to love, serve, and teach, aiming to improve the lives of people in need. St. Luke's Apartments Inc. endeavors to create a supportive environment that encourages the well-being and unity of its residents and staff members.
Official website here: www.cc-md.org
Who is the CEO of St Lukes Apartments Inc?
William J Mccarthy Jr is the Secretary of St Lukes Apartments Inc.
Official website here: www.cc-md.org
What is the revenue of St Lukes Apartments Inc?
St Lukes Apartments Inc's revenue in 2022 was $995,734.
Official website here: www.cc-md.org
Who are the executives of St Lukes Apartments Inc and what are their salaries?
Here are 17 key members and their salaries:
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- Related: $429,647
- Other: $32,628
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- Other: $30,371
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- Other: $28,145
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- Related: $132,711
- Other: $7,955
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Official website here: www.cc-md.org
Where can I find the form 990 for St Lukes Apartments Inc?
St Lukes Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cc-md.org
Learn more at the official website: www.cc-md.org
Mission Statement of St Lukes Apartments Inc
St. Luke's Apartments Inc is dedicated to providing affordable, supportive living environments for older adults. Their mission is rooted in fostering a sense of purpose, wellness, and harmony among both their residents and staff. This organization is affiliated with Associated Catholic Charities, Inc., whose mission is to serve and improve the lives of Marylanders in need, inspired by the Gospel mandates to love, serve, and teach. In alignment with this broader mission, St. Luke's Apartments Inc strives to create an inclusive and supportive community for older adults, promoting their overall well-being and personal growth.
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Impact
July, 2024
St. Luke's Apartments Inc provides affordable, supportive communities for older adults with a focus on nurturing a spirit of purpose, wellness, and harmony among both residents and colleagues. This organization's impact can be seen in its commitment to addressing the housing needs of older adults in Timonium, Maryland. By offering affordable housing options and supportive services, St. Luke's Apartments Inc contributes to the well-being and quality of life of older adults in the community. Additionally, as an affiliate of Associated Catholic Charities, Inc., St. Luke's Apartments Inc aligns with the mission of providing care and services to improve the lives of Marylanders in need, further expanding its impact beyond housing provision.
This information is meant to be a general summary of St Lukes Apartments 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: -$1,415
- Program Service Revenue: $495,838
- Gross Receipts: $998,455
Assets and Liabilities:
- Total Assets: $2,885,660
- Total Liabilities: $7,366,970
- Net Assets: -$4,481,310
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental income
Revenue
$490,713
Other Related Income
Revenue
$5,125
Organization Details
Founding Year
1999
Phone
(667) 600-3216Principal Officer
William J Mccarthy Jr
Main Address
2300B Dulaney Valley Road, Timonium, MD, 21093
Website
www.cc-md.orgNTEE Category
Code: L200 - Housing
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