Overview
What is St Patrick's Housing Inc?
St. Patrick's Housing Inc. is a nonprofit organization situated in St. Petersburg, Florida, specifically at 6363 9th Avenue North. Their primary focus is on providing affordable housing and essential services to low-income elderly and/or handicapped individuals. They operate under Section 202 of the National Housing Act, with additional support from Section 8 subsidies. As a HUD-subsidized and regulated apartment complex, their mission is to enhance the living conditions of those in need, ensuring they have a safe and affordable place to call home. The organization currently employs a small team of six individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
St Patrick's Housing Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The organization scored 100% in several key areas, indicating a robust governance structure with a fully independent board and effective oversight mechanisms. This rating is significant as it highlights the nonprofit’s commitment to transparency and responsible management of resources.
The organization demonstrates financial stability with a low liabilities-to-assets ratio of 2.15%, ensuring that it effectively manages its debts relative to its assets. Additionally, an impressive 89.06% of its expenses are allocated directly to its programs, showcasing its focus on delivering services to its community. These factors contribute to a high degree of trust and reliability for donors considering support.
Despite the strong performance in accountability and financial metrics, the summary does not provide information on the specific impact or outcomes of the programs offered by St Patrick's Housing Inc. This could be an area for potential improvement, as stakeholders often look for details on the effectiveness of the organization's initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is St Patrick's Housing Inc legitimate?
St Patrick's Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Patrick's Housing 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: $135,887
For more financial information, click here
What is the mission statement of St Patrick's Housing Inc?
St. Patrick's Housing Inc. is dedicated to its mission of providing affordable housing and additional services to the elderly and individuals with disabilities who fall under the low-income bracket. As a HUD-subsidized and regulated apartment complex, their mission is to ensure that these vulnerable groups have access to comfortable living spaces. They operate with 82 units, made available under Section 202 of the National Housing Act, and provide these units with Section 8 subsidies.
Who is the CEO of St Patrick's Housing Inc?
James Wayne is the President of St Patrick's Housing Inc.
What is the revenue of St Patrick's Housing Inc?
St Patrick's Housing Inc's revenue in 2023 was $553,408.
Who are the executives of St Patrick's Housing Inc and what are their salaries?
The average compensation at St Patrick's Housing Inc during 2023 was $22,648. There are 6 employees at St Patrick's Housing Inc.
Here are 7 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $80,767
- Other: $13,009
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for St Patrick's Housing Inc?
St Patrick's Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of St Patrick's Housing Inc
St. Patrick's Housing Inc is dedicated to fulfilling a crucial mission. As a HUD-subsidized and regulated apartment complex, its primary objective is to offer affordable housing and additional services to low-income elderly and/or handicapped individuals. The organization prides itself on providing a welcoming environment for these individuals, ensuring they have access to the necessary resources to live comfortably.
With 82 apartments available, St. Patrick's Housing Inc caters to Section 202 of the National Housing Act, supplemented with Section 8 subsidies. This combination of funding enables the organization to maintain affordable housing costs, making it an accessible option for those in need. By offering affordable housing, St. Patrick's Housing Inc is not only providing a roof over its residents' heads but also enabling them to allocate their limited financial resources towards other essential needs.
In addition to housing, St. Patrick's Housing Inc extends its services to include support for the elderly and handicapped residents. By focusing on these specific demographics, the organization is able to tailor its offerings to meet their unique needs, ensuring they can live with dignity and independence. Ultimately, St. Patrick's Housing Inc's mission is to improve the quality of life for its residents, offering them a safe and affordable living environment while providing the necessary support to help them thrive.
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Impact
July, 2024
St. Patrick's Housing Inc provides crucial support to low-income elderly and/or handicapped individuals in St. Petersburg, Florida, by offering affordable housing and necessary services. With 82 apartments subsidized under Section 202 of the National Housing Act and Section 8, this organization plays a vital role in ensuring that vulnerable populations have a stable and secure living environment. This impact directly addresses the pressing need for accessible housing options and contributes to enhancing the quality of life for those in need.
This information is meant to be a general summary of St Patrick's Housing 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 2023.
- Investment Income: $4,717
- Program Service Revenue: $229,487
- Gross Receipts: $553,408
Assets and Liabilities:
- Total Assets: $2,497,431
- Total Liabilities: $53,847
- Net Assets: $2,443,584
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT RENT
Revenue
$229,487
Organization Details
Founding Year
1995
Phone
(727) 893-1313Principal Officer
James Wayne
Main Address
6363 9TH AVE NORTH, ST PETERSBURG, FL, 33710
NTEE Category
Code: L22 - Housing
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