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Phda

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

EIN: 861122345 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Phda?

Phda is a nonprofit organization situated in Pittsburgh, Pennsylvania, primarily focused on the rehabilitation of single-family homes. They receive donated properties, renovate them, and subsequently sell them to first-time homebuyers, contributing to the local housing market. Phda also ventures into buying and selling buildings for profit, as demonstrated by their recent $7609 revenue gain from such a transaction. Their mission aligns with community development and affordable housing, ultimately benefiting new homeowners in the Pittsburgh area.

Is Phda legitimate?

Phda is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phda submitted a form 990EZ, 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.

What is the mission statement of Phda?

Phda, as an organization, focuses on the rehabilitation of single-family homes. They receive donated properties and transform them into homes, subsequently selling them to first-time home buyers. Additionally, Phda generates revenue by acquiring and selling buildings outright. The primary goal of their activities is to contribute to the housing market and provide opportunities for first-time homeowners.

Who is the CEO of Phda?

Marcy More is the Treasurer of Phda.

What is the revenue of Phda?

Phda's revenue in 2022 was $15,659.

Who are the executives of Phda and what are their salaries?


Here are 5 key members and their salaries:


Gregory Whitted (Executive Director And Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcy More (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Linda Law (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Godffrey Tate (Chaplin)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond L Hancock (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Phda?

Phda's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Phda

Phda, as a nonprofit organization, is dedicated to rehabilitating single-family homes. Their mission involves receiving donated properties, meticulously renovating them, and then selling these properties to first-time home buyers. Apart from this, Phda also acquires buildings and sells them outright, generating revenue in the process. This strategic approach not only contributes to the organization's finances but also helps in providing affordable housing options to new homeowners. By engaging in such activities, Phda plays a significant role in contributing to housing stability and homeownership for individuals in need.

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Impact




August, 2024

Phda's impact includes the rehabilitation of single-family homes, receiving two donated properties which are then refurbished and sold to first-time home buyers. In addition, they acquire a building, sell it outright, and generate revenue from the transaction. This helps in revitalizing neighborhoods, providing affordable housing options, and contributing to the local economy.




This information is meant to be a general summary of Phda. 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
$15,659 (2022)
Expenses
$5,414 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $7,609
  • Gross Receipts: $15,659

Assets and Liabilities:

  • Total Assets: $2,060
  • Total Liabilities: $0
  • Net Assets: $2,060

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Organization Details

Principal Officer

Marcy More

Main Address

7326 MONTICELLO STREET, PITTSBURGH, PA, 15208

NTEE Category

Code: L20 - Housing

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