Overview
What is Presbyterian Services For The Elderly Inc?
Presbyterian Services For The Elderly Inc, located in Kenner, Louisiana, is a nonprofit organization primarily focused on providing subsidized housing for elderly individuals and those with disabilities. This is achieved through the U.S. Department of HUD's Section 202 and 8 programs. Their mission is to offer housing facilities and services tailored to meet the physical, mental, social, and psychological needs of these individuals, aiming to enhance their health, security, happiness, and overall usefulness. Operating on a non-profit basis, Presbyterian Services For The Elderly Inc strives to support the well-being of its residents, ensuring they live in safe and comfortable environments.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 82% (Three-Star out of Four Star rating)
Presbyterian Services For The Elderly Inc has received an 82% rating from Charity Navigator, reflecting a solid performance in terms of accountability and finance. This score indicates that the organization maintains a strong financial management system, which is critical for sustaining operations and ensuring donor trust.
The organization boasts a fully independent board, with all members meeting the criteria for independence. Its financial metrics are impressive, showcasing a high program expense ratio of 92.46%, which means a significant portion of its expenses directly support its mission. Additionally, the organization has passed all necessary audits and maintains transparent documentation practices, further solidifying its credibility.
However, while the overall rating is strong, it is solely based on accountability and finance without additional metrics such as impact or program effectiveness. This means that while the financial health is commendable, there may be other aspects of performance that are not captured in this score.
This AI summary has been generated from information found on Charity Navigator.
Is Presbyterian Services For The Elderly Inc legitimate?
Presbyterian Services For The Elderly Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presbyterian Services For The Elderly 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:
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What is the mission statement of Presbyterian Services For The Elderly Inc?
Presbyterian Services For The Elderly Inc is dedicated to serving the needs of elderly individuals and those with disabilities. Their mission is to provide housing facilities and services that cater to their physical, mental, social, and psychological needs, aiming to enhance their health, security, happiness, and usefulness on a non-profit basis. The organization's primary focus is to offer subsidized low and moderate-income apartment rental housing for the elderly through the U.S. Department of HUD's Section 202 and 8 programs.
Who is the CEO of Presbyterian Services For The Elderly Inc?
Donna Stogner is the Director/President of Presbyterian Services For The Elderly Inc.
What is the revenue of Presbyterian Services For The Elderly Inc?
Presbyterian Services For The Elderly Inc's revenue in 2022 was $2,405,029.
Who are the executives of Presbyterian Services For The Elderly Inc and what are their salaries?
There 9 volunteers at Presbyterian Services For The Elderly Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Presbyterian Services For The Elderly Inc?
Presbyterian Services For The Elderly Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Presbyterian Services For The Elderly Inc
Presbyterian Services For The Elderly Inc is committed to providing elderly individuals and those with disabilities with housing facilities and services that cater to their physical, mental, social, and psychological needs. The organization's primary goal is to promote their health, security, happiness, and usefulness, all on a non-profit basis. The sole purpose of Presbyterian Services For The Elderly Inc is to offer subsidized low and moderate-income apartment rental housing for primarily elderly persons through the U.S. Department of HUD Sections 202 and 8 programs. This mission underscores the organization's dedication to ensuring the well-being and comfort of its beneficiaries, providing them with a secure and supportive living environment.
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Impact
July, 2024
Presbyterian Services For The Elderly Inc's impact is significant in providing housing facilities and services specifically designed to meet the physical, mental, social, and psychological needs of elderly and handicapped persons. By offering subsidized low and moderate-income apartment rental housing primarily for elderly persons through programs like the U.S. Department of HUD Sections 202 and 8, the organization promotes the health, security, happiness, and usefulness of its residents. This dedicated mission contributes to enhancing the quality of life for this vulnerable population, fostering a sense of community, and ensuring a dignified living environment for those in need.
This information is meant to be a general summary of Presbyterian Services For The Elderly 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: $1,952
- Program Service Revenue: $692,233
- Gross Receipts: $2,405,029
Assets and Liabilities:
- Total Assets: $7,785,378
- Total Liabilities: $1,488,930
- Net Assets: $6,296,448
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS - NET
Revenue
$692,233
Organization Details
Founding Year
1979
Phone
(614) 451-2151Principal Officer
Donna Stogner
Main Address
2301 IDAHO AVE, KENNER, LA, 70062
NTEE Category
Code: L22 - Housing
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