Marian 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: 841348788 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Marian Plaza Inc?

Marian Plaza Inc is a nonprofit organization dedicated to providing affordable housing solutions for the elderly and disabled individuals with low income. Situated in Denver, Colorado, the organization operates a 120-unit HUD-subsidized housing project specifically designed for this demographic. Their mission revolves around offering affordable living spaces to cater to the unique needs of these vulnerable populations.


Official website here: www.archhousing.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Marian Plaza Inc has received a solid rating of 81%, indicating a strong level of accountability and financial health. This score is derived solely from the Accountability & Finance beacon, highlighting the organization's commitment to maintaining high standards in these areas. The rating reflects the transparency and integrity of their financial practices, which are essential for building trust with donors and stakeholders.

The organization exhibits notable strengths, particularly in governance and oversight. Marian Plaza Inc has a fully independent board, scoring 100% in this category, which demonstrates a commitment to impartiality in decision-making. Additionally, they have an impressive program expense ratio of 96.93%, indicating that the vast majority of their expenditures are directed towards fulfilling their mission rather than administrative costs.

While the overall score is commendable, it is important to consider that the charity's rating relies exclusively on the Accountability & Finance beacon. This means that other critical areas, such as impact and program effectiveness, are not reflected in the score. Therefore, potential donors may want to seek additional information on the organization's programs and outcomes to form a comprehensive view of its effectiveness.


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

Is Marian Plaza Inc legitimate?

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

Marian Plaza Inc. is committed to providing affordable housing for low-income elderly and disabled individuals. Their mission is realized through the operation of a 120-unit HUD-subsidized housing project, specifically tailored to cater to this demographic. The organization's primary goal is to ensure that these individuals have access to affordable housing options, thereby enhancing their quality of life. While the information provided does not detail any specific advocacy or support initiatives, it is evident that Marian Plaza Inc. prioritizes affordable housing as a means to improve the living conditions of its target demographic.


Official website here: www.archhousing.com

Who is the CEO of Marian Plaza Inc?

Philip Vottiero is the President/Ce of Marian Plaza Inc.


Official website here: www.archhousing.com

What is the revenue of Marian Plaza Inc?

Marian Plaza Inc's revenue in 2022 was $1,615,502.


Official website here: www.archhousing.com

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

There are 4 employees and 8 volunteers at Marian 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 Marian Plaza Inc?

Marian 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 Marian Plaza Inc

Marian Plaza Inc, a nonprofit organization, is dedicated to providing affordable housing for low-income elderly and disabled individuals. Their mission is realized through the operation of a 120-unit HUD-subsidized housing project specifically designed to cater to this demographic. This project serves as a vital resource, offering these individuals a safe and affordable living space. By focusing on this population, Marian Plaza Inc is contributing significantly to the community, ensuring that the elderly and disabled have access to decent and affordable housing.

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Impact




July, 2024

Marian Plaza Inc's impact lies in its dedicated efforts to provide affordable housing to low-income elderly and disabled individuals. By offering a 120-unit HUD-subsidized affordable housing project in Denver, CO, Marian Plaza is addressing a critical need in the community. Through its mission-driven approach, Marian Plaza is positively impacting the lives of those in need by ensuring they have a safe and affordable place to call home. Their focus on serving this specific demographic demonstrates a commitment to supporting vulnerable populations and promoting social equality in housing access.




This information is meant to be a general summary of Marian 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
$1,615,502 (2022)
Expenses
$1,516,074 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $400
  • Program Service Revenue: $1,620,575
  • Gross Receipts: $1,615,502

Assets and Liabilities:

  • Total Assets: $2,664,175
  • Total Liabilities: $3,008,176
  • Net Assets: -$344,001

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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

$1,610,976

LAUNDRY, VENDING, AND TENANT

Revenue

$9,599

Organization Details

Founding Year

1996

Principal Officer

Philip Vottiero

Main Address

6240 E SMITH ROAD, DENVER, CO, 80216

NTEE Category

Code: L21 - Housing

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