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St Nicholas Charities Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 815015599 ✦ Florence, AZ ✦ Designated as a 501(c)(3)

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Overview

What is St Nicholas Charities Inc?

St. Nicholas Charities Inc, situated in Florence, Arizona, is a nonprofit organization devoted to offering shelter and assistance to indigent or distressed individuals who adhere to the Greek Orthodox Christian faith. This year, the charity has extended its services to five families and an individual, providing them with a safe living space free of charge. The primary expenses incurred for this purpose mainly involve covering utilities and operational costs for the residences, as detailed in the financial statements. The organization receives in-kind contributions, specifically towards the payment of utility bills, from a supporting 501(c)(3) organization that operates as a Type-1 509(a)(3) Org.

Is St Nicholas Charities Inc legitimate?

St Nicholas Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Nicholas Charities 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: $0

For more financial information, click here

What is the mission statement of St Nicholas Charities Inc?

St. Nicholas Charities Inc, as per its mission statement, is dedicated to offering shelter and relief for financially struggling or ailing individuals who follow the Greek Orthodox Christian faith. The organization's primary objective is to provide a sanctuary for these individuals, without charging them any rent. This year, the charity has provided shelter to five families and an individual, covering their living expenses, primarily utilities and operational costs, which amounted to $40,744. The charity also receives in-kind contributions to cover some utility expenses from a supporting 501(c)(3) organization.

Who is the CEO of St Nicholas Charities Inc?

Panos Paramithas is the President And Chairman Of The Board Of Directors of St Nicholas Charities Inc.

What is the revenue of St Nicholas Charities Inc?

St Nicholas Charities Inc's revenue in 2022 was $270,679.

Who are the executives of St Nicholas Charities Inc and what are their salaries?

There 4 volunteers at St Nicholas Charities Inc.


Here are 3 key members and their salaries:


Panos Paramithas (President And Chairman Of The Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evangelos Anastasopoulos (Secretary & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark N Seidel (Treasurer & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Nicholas Charities Inc?

St Nicholas Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of St Nicholas Charities Inc

St. Nicholas Charities Inc is a nonprofit organization with a mission to offer shelter and relief to financially struggling or afflicted individuals who follow the Greek Orthodox Christian faith. Its primary objective is to provide a sanctuary for these individuals, ensuring they have access to basic necessities such as food and clothing, without charging any rent. The organization covers the expenses associated with operating and maintaining these homes, primarily through the payment of utilities, which are sometimes covered by another 501(c)(3) organization that St. Nicholas Charities supports. This support is in the form of in-kind (non-cash) contributions towards the utility bills for some of their residential properties.

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Impact




October, 2024

St. Nicholas Charities Inc has made a significant impact in the community by providing essential shelter for indigent families and individuals who adhere to the Greek Orthodox Christian faith. This year alone, the organization offered no-cost housing to five families and one individual, ensuring that they had a safe place to stay during difficult times. The total expenses incurred for these services amounted to $40,744, primarily covering utilities and operational costs associated with the homes.

The organization operates without charging rent, which means that those who benefit from their services can focus on improving their situations without the burden of housing costs. Additionally, St. Nicholas Charities has received in-kind contributions that help offset utility expenses, further enhancing their ability to provide support to those in need. Through its dedicated efforts in Florence, AZ, the organization plays a crucial role in demonstrating compassion and support for some of the most vulnerable members of the community.




This information is meant to be a general summary of St Nicholas Charities 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.

Revenue
$270,679 (2022)
Expenses
$40,744 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $270,679

Assets and Liabilities:

  • Total Assets: $1,110,499
  • Total Liabilities: $107,371
  • Net Assets: $1,003,128

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Organization Details

Founding Year

2017

Principal Officer

Panos Paramithas

Main Address

3857 N HOHOKAM RD, FLORENCE, AZ, 85132

NTEE Category

Code: L20 - Housing

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