Overview
What is St Martha's Housing Ii Inc?
St. Martha's Housing II Inc., located at 800 North Lemon Avenue, Sarasota, Florida 34236, is a dedicated nonprofit organization that provides HUD-subsidized housing specifically for low-income senior residents. Their mission is to offer comfortable residential apartments as a living solution, ensuring that these individuals can maintain a decent standard of living. The organization, also known as Casa Santa Marta II Apartments, contributes significantly towards enhancing the quality of life for seniors with limited financial resources in the Sarasota community.
Official website here: www.casasantamartasarasota.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
St Martha's Housing II Inc has received an 81% rating from Charity Navigator, reflecting a solid level of accountability and financial health. The score is derived entirely from the Accountability & Finance beacon, where the organization excels with a perfect score in several areas, including independent board members and financial audits. This strong performance suggests a commitment to transparency and effective governance.
The nonprofit demonstrates strong performance in key accountability metrics, such as having a majority of independent board members and rigorous financial practices. The organization also maintains essential policies regarding conflicts of interest, whistleblowing, and document retention, which contribute to its robust governance structure. The program expense ratio is commendable at 78.41%, indicating that a significant portion of funds is directed toward its programs.
While the organization shows strengths in financial management and board independence, the single beacon score means that there are no additional dimensions evaluated, such as impact or effectiveness in its programming. This limitation suggests that potential donors should consider both the financial health of St Martha's Housing II Inc and its overall impact in the community when making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is St Martha's Housing Ii Inc legitimate?
St Martha's Housing Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Martha's Housing Ii 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: $139,345
For more financial information, click here
Official website here: www.casasantamartasarasota.com/
What is the mission statement of St Martha's Housing Ii Inc?
St. Martha's Housing II Inc. is committed to providing HUD-subsidized housing for low-income seniors. The organization's primary mission is to offer a comfortable living environment for this demographic, ensuring they have access to affordable housing options. Operating in an undisclosed location, St. Martha's Housing II Inc. manages 52 residential rental apartments specifically designed for the occupation of elderly individuals with limited income. Their goal is to make a positive impact on the lives of these seniors by providing them with a secure and supportive housing environment.
Official website here: www.casasantamartasarasota.com/
Who is the CEO of St Martha's Housing Ii Inc?
Reverend George Suszko is the President of St Martha's Housing Ii Inc.
Official website here: www.casasantamartasarasota.com/
What is the revenue of St Martha's Housing Ii Inc?
St Martha's Housing Ii Inc's revenue in 2022 was $555,512.
Official website here: www.casasantamartasarasota.com/
Who are the executives of St Martha's Housing Ii Inc and what are their salaries?
There 9 volunteers at St Martha's Housing Ii Inc.
Here are 9 key members and their salaries:
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Official website here: www.casasantamartasarasota.com/
Where can I find the form 990 for St Martha's Housing Ii Inc?
St Martha's Housing Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.casasantamartasarasota.com/
Learn more at the official website: www.casasantamartasarasota.com/
Mission Statement of St Martha's Housing Ii Inc
St. Martha's Housing II Inc is a dedicated organization with a mission to provide subsidized housing for low-income seniors. This nonprofit operates 52 residential rental apartments specifically designed for the occupation of elderly individuals who are financially disadvantaged. By offering affordable housing, St. Martha's Housing II Inc enables seniors to maintain their independence and dignity, ensuring they have a suitable living environment. The organization's mission is crucial in addressing the housing needs of this vulnerable population, ensuring they have access to safe and comfortable living spaces.
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Impact
July, 2024
St Martha's Housing II Inc provides HUD-subsidized housing for low-income seniors in Sarasota, FL. They operate 52 residential rental apartments designated specifically for this demographic. By ensuring access to affordable and safe housing for low-income seniors, St Martha's Housing II Inc positively impacts the community by addressing a critical need and improving the quality of life for vulnerable individuals. Their mission of providing subsidized housing aligns with the goal of promoting dignity, security, and stability for seniors in need.
This information is meant to be a general summary of St Martha's Housing Ii 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: $685
- Program Service Revenue: $142,255
- Gross Receipts: $555,512
Assets and Liabilities:
- Total Assets: $1,438,429
- Total Liabilities: $2,506,431
- Net Assets: -$1,068,002
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT REVENUE
Revenue
$142,255
Organization Details
Founding Year
1992
Phone
(205) 933-1020Principal Officer
Reverend George Suszko
Main Address
800 NORTH LEMON AVENUE, SARASOTA, FL, 34236
NTEE Category
Code: L22 - Housing
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