Overview
What is St Stephen Inc?
St. Stephen Inc is a nonprofit organization located in Dallas, Texas, committed to providing affordable housing solutions for low-income individuals. Aligned with the guidelines set in Rev. Proc. 96-32 and deed restrictions, the organization operates rental apartments to cater to this specific demographic. Their mission is deeply rooted in this objective, making a significant impact in the Dallas community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
St Stephen Inc has achieved an overall score of 86%, indicating a solid level of accountability and financial management. The charity's score is derived entirely from its performance in the Accountability & Finance category, reflecting a strong commitment to transparency and responsible stewardship of resources.
The organization demonstrates significant strengths, including a fully independent board comprised of eight members and a high program expense ratio of 93.18%. This suggests that a substantial portion of its budget is allocated directly to its programs, which can be a positive sign for potential donors looking for effective impact from their contributions. Additionally, the charity has established policies to prevent conflicts of interest and provides thorough documentation of its board meetings, further enhancing its accountability.
While the ratings do not indicate any major limitations, the score is based solely on financial accountability metrics, which means insights into program effectiveness or community impact are not included. Potential donors may want to consider seeking additional information about the charity's outcomes and operational effectiveness to gain a more comprehensive understanding of its work.
This AI summary has been generated from information found on Charity Navigator.
Is St Stephen Inc legitimate?
St Stephen Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $334,848
For more financial information, click here
What is the mission statement of St Stephen Inc?
St. Stephen Inc's mission is primarily centered around providing rental apartments to individuals with low income. This is in accordance with the guidelines set out in Rev. Proc. 96-32 and subject to deed restrictions. The organization's objective is deeply rooted in this mission, which serves as its guiding principle. Based on the provided information, it appears that St. Stephen Inc operates with a focus on social housing and income equality. The organization's location is not specified in the provided data.
Who is the CEO of St Stephen Inc?
Sister Mary Anne Owens Ssnd is the President of St Stephen Inc.
What is the revenue of St Stephen Inc?
St Stephen Inc's revenue in 2022 was $2,550,264.
Who are the executives of St Stephen Inc and what are their salaries?
Here are 8 key members and their salaries:
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- Related: $3,600
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Where can I find the form 990 for St Stephen Inc?
St Stephen Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Stephen Inc
St. Stephen Inc is committed to providing affordable housing solutions for individuals with low income. Guided by the regulations set forth in Revenue Procedure 96-32 and deed restrictions, this nonprofit organization based in Dallas, Texas, focuses its mission on offering rental apartments. The primary objective of St. Stephen Inc is to make a positive impact in the lives of its residents, ensuring they have a roof over their heads in a manner that is both sustainable and in line with established guidelines.
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Impact
July, 2024
St. Stephen Inc's impact is primarily focused on providing affordable rental apartments to low-income individuals in Westlake Village according to specific guidelines and deed restrictions. Their mission centers around this objective, aiming to address the housing needs of those who require assistance in Dallas, TX. Through their work, St. Stephen Inc contributes to improving the living conditions and accessibility of housing options for disadvantaged individuals in the community.
This information is meant to be a general summary of 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: $903
- Program Service Revenue: $2,549,361
- Gross Receipts: $2,550,264
Assets and Liabilities:
- Total Assets: $4,762,446
- Total Liabilities: $297,648
- Net Assets: $4,464,798
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFORDABLE HOUSING RENTAL
Revenue
$2,549,361
Organization Details
Founding Year
1997
Phone
(972) 241-1272Principal Officer
Sister Mary Anne Owens Ssnd
Main Address
2920 FOREST LANE BOX 415, DALLAS, TX, 752345202
NTEE Category
Code: L20 - Housing
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