Overview
What is Stonegate At St Stephen Inc?
Stonegate At St Stephen Inc is a nonprofit organization situated in Camden, New Jersey, with an address at 1845 Haddon Avenue. Their primary mission is to enhance the welfare of elderly and handicapped individuals by providing suitable housing for them. Specifically, they were established to acquire land in Pennsauken, New Jersey, and construct a 76-unit housing project for the elderly, adhering to Section 202 of the National Affordable Housing Act. This initiative aims to provide a secure and comfortable living environment for these individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star Rating)
Stonegate At St Stephen Inc has achieved a Three-Star rating from Charity Navigator, indicating a satisfactory performance in accountability and finance. The rating reflects a strong emphasis on transparency and good governance, with a perfect score in several categories, including an independent board and financial oversight measures. The organization boasts a program expense ratio of 77.66%, which suggests that a significant portion of its budget is allocated directly to its programs.
The organization is governed by a majority independent board, comprising six independent members, which strengthens its oversight capabilities. Additionally, it has established solid policies regarding whistleblower protection and document retention, contributing to a robust governance framework. Such high scores in these areas underline the organization's commitment to ethical practices and responsible management.
While the overall score is commendable, it is solely based on the accountability and finance beacon, implying that other performance metrics were not considered in this rating. As a result, prospective donors may want to seek additional information regarding the organization's impact and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Stonegate At St Stephen Inc legitimate?
Stonegate At St Stephen Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stonegate At St Stephen 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: $20,548
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,042
For more financial information, click here
What is the mission statement of Stonegate At St Stephen Inc?
Stonegate At St Stephen Inc was established with the primary objective of promoting the well-being of elderly individuals. The organization follows this mission by acquiring suitable property and constructing a 76-unit housing project specifically designed for the elderly under Section 202 of the National Affordable Housing Act. Furthermore, Stonegate At St Stephen Inc extends its services to accommodate elderly individuals with disabilities, demonstrating its commitment to providing housing for a diverse group of senior citizens. By offering such housing, the organization aims to contribute positively to the welfare of elderly individuals, providing them with a secure and comfortable living environment.
Who is the CEO of Stonegate At St Stephen Inc?
George Tutwiler is the President of Stonegate At St Stephen Inc.
What is the revenue of Stonegate At St Stephen Inc?
Stonegate At St Stephen Inc's revenue in 2022 was $795,081.
Who are the executives of Stonegate At St Stephen Inc and what are their salaries?
There 6 volunteers at Stonegate At St Stephen Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $3,925
- Related: $36,579
- Other: $9,367
- Compensation: $15,247
- Related: $142,099
- Other: $4,839
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Stonegate At St Stephen Inc?
Stonegate At St Stephen Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Stonegate At St Stephen Inc
Stonegate at St. Stephen Inc, a nonprofit organization, was established with a mission to improve the well-being of elderly and handicapped individuals. Their primary objective is to provide housing for this specific demographic, operating under Section 202 of the National Affordable Housing Act. By constructing, developing, and managing a 76-unit housing project, Stonegate at St. Stephen Inc aims to offer a secure and supportive environment for these individuals, ensuring their needs are met and promoting their overall welfare.
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Impact
July, 2024
Stonegate At St Stephen Inc's impact is focused on promoting the welfare of and providing housing for elderly individuals. Specifically, the organization was organized to acquire real property in Pennsauken, New Jersey, and to construct, develop, and operate a 76-unit housing project for the elderly under Section 202 of the National Affordable Housing Act. By offering affordable and suitable housing options for elderly and handicapped individuals, Stonegate At St Stephen Inc is making a direct and significant impact on the well-being and quality of life of this vulnerable population in Camden, NJ.
This information is meant to be a general summary of Stonegate At St Stephen 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: $42
- Program Service Revenue: $265,184
- Gross Receipts: $795,081
Assets and Liabilities:
- Total Assets: $6,225,166
- Total Liabilities: $9,175,071
- Net Assets: -$2,949,905
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT RENTALS
Revenue
$265,184
Organization Details
Founding Year
2004
Phone
(856) 342-4101Principal Officer
George Tutwiler
Main Address
1845 HADDON AVENUE, CAMDEN, NJ, 08103
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