St Martin Plaza Inc

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

EIN: 840992762 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is St Martin Plaza Inc?

St. Martin Plaza Inc is a nonprofit organization that provides affordable housing solutions for low-income elderly and disabled individuals. Their primary mission is achieved through a 50-unit HUD-subsidized program, ensuring that those in need have accessible and reasonably priced living options. The organization's commitment to this cause plays a significant role in supporting the community and enhancing their quality of life.


Official website here: www.archhousing.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Stars

St Martin Plaza Inc has achieved an 81% rating from Charity Navigator, which reflects a strong emphasis on accountability and finance. The organization earned this score primarily through its exceptional performance in several key areas, including having a fully independent board, robust financial oversight, and a high program expense ratio of 96.82%. These factors indicate that a significant percentage of its funding is directed towards its programs rather than administrative costs.

The nonprofit boasts a fully independent board with eight members, which contributes positively to its governance structure. It has also established various policies, including conflict of interest and whistleblower policies, reinforcing its commitment to transparency and ethical operations. The organization has demonstrated a solid framework for audit and oversight, ensuring its financial accountability.

However, it's important to note that St Martin Plaza Inc has a liabilities to assets ratio of 183.27%, which suggests a potential concern regarding its financial leverage. While its overall financial health appears strong due to high program expenses, this ratio highlights a risk that stakeholders might want to consider in assessing the organization's long-term sustainability.


This AI summary has been generated from information found on Charity Navigator.

Is St Martin Plaza Inc legitimate?

St Martin Plaza Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Martin Plaza 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


Official website here: www.archhousing.com

What is the mission statement of St Martin Plaza Inc?

St Martin Plaza Inc, as a mission, is dedicated to providing affordable housing solutions for the elderly and disabled individuals with low income. This is accomplished through the operation of a 50-unit HUD-subsidized program, which offers suitable living arrangements for this specific demographic. By offering affordable housing, St Martin Plaza Inc contributes to improving the quality of life for these individuals, enabling them to live with dignity and independence.


Official website here: www.archhousing.com

Who is the CEO of St Martin Plaza Inc?

Philip Vottiero is the President/Ce of St Martin Plaza Inc.


Official website here: www.archhousing.com

What is the revenue of St Martin Plaza Inc?

St Martin Plaza Inc's revenue in 2022 was $775,267.


Official website here: www.archhousing.com

Who are the executives of St Martin Plaza Inc and what are their salaries?

There are 2 employees and 8 volunteers at St Martin Plaza Inc.


Here are 10 key members and their salaries:


Darren Walsh (President/Ce)
  • Compensation: $0
  • Related: $229,373
  • Other: $36,232
Justin Raddatz (Exe. Directo)
  • Compensation: $0
  • Related: $131,091
  • Other: $29,734
Wayne Wolberg (Cfo (Former))
  • Compensation: $0
  • Related: $107,021
  • Other: $3,450
Philip Vottiero (Cfo)
  • Compensation: $0
  • Related: $101,346
  • Other: $5,678
Melissa Bleser (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Gross (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josephine Huelskamp (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivian Markham (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Munroe (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominic Palazzo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.archhousing.com

Where can I find the form 990 for St Martin Plaza Inc?

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


Official website here: www.archhousing.com

Learn more at the official website: www.archhousing.com

Mission Statement of St Martin Plaza Inc

St. Martin Plaza Inc is dedicated to providing affordable housing solutions for low-income elderly and disabled individuals. The organization achieves this mission through its 50-unit HUD-subsidized program, which offers suitable living spaces for those in need. By offering affordable housing options, St. Martin Plaza Inc plays a crucial role in ensuring that vulnerable members of society have a place to call home, thereby enhancing their overall quality of life.

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Impact




July, 2024

St Martin Plaza Inc's impact can be measured through its provision of affordable housing options for low-income elderly and disabled individuals. Through its 50-unit HUD-subsidized program in Denver, Colorado, St Martin Plaza Inc helps address the critical need for affordable housing in the community. By offering a stable and secure living environment, the organization contributes to enhancing the quality of life and overall well-being of its residents. This impact extends to fostering a sense of community and support among individuals who may otherwise struggle to find suitable housing options. St Martin Plaza Inc plays a vital role in promoting housing accessibility and affordability for a vulnerable population, thereby making a tangible and positive difference in the lives of those it serves.




This information is meant to be a general summary of St Martin Plaza 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
$775,267 (2022)
Expenses
$762,871 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $101
  • Program Service Revenue: $736,072
  • Gross Receipts: $775,267

Assets and Liabilities:

  • Total Assets: $1,591,774
  • Total Liabilities: $1,316,203
  • Net Assets: $275,571

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOW-INCOME HOUSING RENT

Revenue

$707,098

LAUNDRY, VENDING, AND OTHER

Revenue

$28,974

Organization Details

Founding Year

1985

Principal Officer

Philip Vottiero

Main Address

6240 E SMITH ROAD, DENVER, CO, 80216

NTEE Category

Code: L21 - Housing

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