The Allegheny West Foundation

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

EIN: 231924667 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is The Allegheny West Foundation?

The Allegheny West Foundation is a charitable organization situated in Philadelphia, Pennsylvania. Its primary mission is to alleviate poverty and distress by promoting education, reducing governmental burdens, encouraging affordable housing, and combating community deterioration and juvenile delinquency. To achieve this goal, the foundation focuses on purchasing and refurbishing run-down housing units, subsequently selling them as single-family homes to low-income buyers. Additionally, some of its properties are kept as rental units to cater to the housing needs of the community. With a workforce of 12 individuals, the Allegheny West Foundation contributes to improving the living conditions and prospects of those in need within its local area.


Is The Allegheny West Foundation legitimate?

The Allegheny West Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Allegheny West Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $122,297
Professional Fundraising Fees: $0
Other Salaries and Wages: $189,883

For more financial information, click here


What is the mission statement of The Allegheny West Foundation?
Who is the CEO of The Allegheny West Foundation?
What is the revenue of The Allegheny West Foundation?
Who are the executives of The Allegheny West Foundation and what are their salaries?
Where can I find the form 990 for The Allegheny West Foundation?

Mission Statement of The Allegheny West Foundation

The Allegheny West Foundation, in its mission, aims to alleviate poverty and distress among the community. It achieves this goal by promoting education, reducing the burden of government, advocating for affordable housing, and working towards combating community deterioration and juvenile delinquency. The foundation's activities are geared towards providing relief to those in need, thereby contributing to a more prosperous and secure community.

In particular, The Allegheny West Foundation purchases run-down housing, restores them, and sells these units as single-family homes to low-income buyers. In addition, the foundation maintains some rental units, providing a source of affordable housing for those who may not be able to purchase a home yet. By investing in housing, the foundation not only helps individuals and families secure a place to live but also contributes to the overall improvement of the community. Furthermore, the foundation works towards addressing issues related to community deterioration and juvenile delinquency, contributing to a safer and more stable environment for all residents.

Impact

This information is meant to be a general summary of The Allegheny West Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Allegheny West Foundation's impact is focused on relieving the poor and distressed in Philadelphia, PA, by advancing education, lessening the burdens of government, fostering low-income housing, and combating community deterioration and juvenile delinquency. This is achieved through the purchase of run-down housing, rehabilitation, and sale of these units to low-income buyers as single-family homes, as well as maintaining some rental units. Their work directly addresses the housing needs of low-income individuals and families, contributing to the revitalization and stability of the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $-65,801
  • Program Service Revenue: $545,193
  • Gross Receipts: $2,055,482

    • Assets and Liabilities:
  • Total Assets: $2,926,713
  • Total Liabilities: $1,774,394
  • Net Assets: $1,152,319
  • Programs

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

    Fees-for-Services

    Revenue

    $318,025

    Management Fees

    Revenue

    $26,280

    Property Mgmt Reimb

    Revenue

    $44,085

    Rental Income

    Revenue

    $118,408

    Office Reimb

    Revenue

    $32,500

    Organization Details

    Founding Year

    1974

    Principal Officer

    Ronald Hinton

    Main Address

    2330 WEST ALLEGHENY AVENUE, PHILADELPHIA, PA, 191291392

    NTEE Category

    Code: L25 - Housing

    If you are a representative of The Allegheny West Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.