Overview
What is Harry And Jeanette Weinberg Terrace Inc C/O Chai?
Harry And Jeanette Weinberg Terrace Inc C/O Chai is a nonprofit organization dedicated to providing affordable housing for low-income elderly and disabled individuals. They achieve this by renting out 86 subsidized and below-market apartments, ensuring that housing remains accessible and affordable for those in need. The organization's mission is centered around prioritizing the well-being of this specific demographic, providing a much-needed service in communities across the region.
Official website here: www.weinbergseniorliving.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Harry And Jeanette Weinberg Terrace Inc C/O Chai has received a strong rating of 96% from Charity Navigator, signifying excellent performance in accountability and finance. The organization has achieved a perfect score in several critical areas, including the independence of its board members and the oversight of its financial statements, reflecting a commitment to transparency and responsible management.
The charity boasts a 93.43% program expense ratio, indicating that a substantial portion of its resources is dedicated to fulfilling its mission rather than administrative costs. Additionally, it has a low liabilities to assets ratio of 3.41%, which speaks to its financial health and stability. The presence of established policies for conflict of interest, whistleblowing, and document retention further showcases its adherence to best practices in governance.
While there are no noted limitations in the feedback, the data reinforces the organization's strong commitment to accountability and effective financial management. Overall, the Harry And Jeanette Weinberg Terrace Inc C/O Chai demonstrates a high level of integrity and efficiency in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Harry And Jeanette Weinberg Terrace Inc C/O Chai legitimate?
Harry And Jeanette Weinberg Terrace Inc C/O Chai is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harry And Jeanette Weinberg Terrace Inc C/O Chai 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
Official website here: www.weinbergseniorliving.com
What is the mission statement of Harry And Jeanette Weinberg Terrace Inc C/O Chai?
Harry and Jeanette Weinberg Terrace Inc., an organization dedicated to providing housing, has a mission to offer affordable and accessible living spaces for low-income elderly and disabled individuals. They achieve this mission by renting out 86 subsidized and below-market apartments, ensuring that housing remains within reach for those in need. The organization's primary focus is on providing affordable housing, serving as a vital resource for this specific demographic.
Official website here: www.weinbergseniorliving.com
Who is the CEO of Harry And Jeanette Weinberg Terrace Inc C/O Chai?
Howard Sobkov is the President of Harry And Jeanette Weinberg Terrace Inc C/O Chai.
Official website here: www.weinbergseniorliving.com
What is the revenue of Harry And Jeanette Weinberg Terrace Inc C/O Chai?
Harry And Jeanette Weinberg Terrace Inc C/O Chai's revenue in 2022 was $720,923.
Official website here: www.weinbergseniorliving.com
Who are the executives of Harry And Jeanette Weinberg Terrace Inc C/O Chai and what are their salaries?
Here are 15 key members and their salaries:
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- Related: $224,181
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- Related: $138,794
- Other: $770
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- Related: $211,513
- Other: $21,891
- Compensation: $0
- Related: $138,794
- Other: $7,993
Official website here: www.weinbergseniorliving.com
Where can I find the form 990 for Harry And Jeanette Weinberg Terrace Inc C/O Chai?
Harry And Jeanette Weinberg Terrace Inc C/O Chai's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.weinbergseniorliving.com
Learn more at the official website: www.weinbergseniorliving.com
Mission Statement of Harry And Jeanette Weinberg Terrace Inc C/O Chai
Harry and Jeanette Weinberg Terrace Inc., a renowned organization, is committed to providing low-income elderly and disabled individuals with affordable housing. Their mission is to make housing accessible and affordable for those in need. The organization achieves this by renting out 86 subsidized and below-market apartments, offering a haven for individuals who may otherwise struggle with housing costs. Harry and Jeanette Weinberg Terrace Inc. is dedicated to ensuring that affordable and accessible housing is within reach for those who require it, thereby contributing significantly to their well-being and quality of life.
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Impact
July, 2024
Harry And Jeanette Weinberg Terrace Inc C/O Chai's impact can be seen through its provision of affordable housing for low-income elderly and disabled individuals in Baltimore, Maryland. By offering 86 subsidized and below-market apartments, the organization addresses a critical need for accessible and affordable housing in the community. Through this initiative, Harry and Jeanette Weinberg Terrace positively impact the lives of vulnerable individuals by providing them with a safe and stable living environment, enhancing their quality of life and overall well-being.
This information is meant to be a general summary of Harry And Jeanette Weinberg Terrace Inc C/O Chai. 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: $346
- Program Service Revenue: $716,906
- Gross Receipts: $720,923
Assets and Liabilities:
- Total Assets: $3,592,325
- Total Liabilities: $77,396
- Net Assets: $3,514,929
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$710,832
LAUNDRY INCOME
Revenue
$5,472
TENANT CHARGES
Revenue
$602
Organization Details
Founding Year
1994
Phone
(410) 500-5312Principal Officer
Howard Sobkov
Main Address
5809 PARK HEIGHTS AVE, BALTIMORE, MD, 21215
Website
www.weinbergseniorliving.comNTEE Category
Code: L210 - Housing
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