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Allentown B'Nai B'Rith Housing Corporation

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

EIN: 237431696 ✦ Allentown, PA ✦ Designated as a 501(c)(3)

Overview

What is Allentown B'Nai B'Rith Housing Corporation?

Allentown B'Nai B'Rith Housing Corporation is a nonprofit organization, located at 1616 W Liberty Street, Allentown, Pennsylvania. Its primary mission is to offer subsidized housing solutions to the elderly and individuals with mobility issues. They accomplish this through partnerships with the U.S. Department of Housing and Urban Development (HUD), utilizing Section 8 Housing Assistance Payments and Section 207/223(F) Mortgage Insurance Programs. With a dedicated workforce of 19 individuals, the corporation aims to improve the quality of life for its eligible residents.


Official website here: www.abbhc.com

Is Allentown B'Nai B'Rith Housing Corporation legitimate?

Allentown B'Nai B'Rith Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allentown B'Nai B'Rith Housing Corporation 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: $185,043
Professional Fundraising Fees: $0
Other Salaries and Wages: $695,712

For more financial information, click here


Official website here: www.abbhc.com

What is the mission statement of Allentown B'Nai B'Rith Housing Corporation?

Allentown B'Nai B'Rith Housing Corporation's mission is centered around providing subsidized housing for the elderly and mobility-impaired individuals. They achieve this goal through the utilization of two programs: Section 8 Housing Assistance Payments and Section 207/223(F) Mortgage Insurance Programs, which are overseen by the United States Department of Housing and Urban Development (HUD). The corporation's mission is to ensure that these vulnerable groups have access to affordable housing, enhancing their quality of life and providing them with a secure living environment.


Official website here: www.abbhc.com

Who is the CEO of Allentown B'Nai B'Rith Housing Corporation?

Ari Forgosh is the President of Allentown B'Nai B'Rith Housing Corporation.


Official website here: www.abbhc.com

What is the revenue of Allentown B'Nai B'Rith Housing Corporation?

Allentown B'Nai B'Rith Housing Corporation's revenue in 2023 was $3,258,896.


Official website here: www.abbhc.com

Who are the executives of Allentown B'Nai B'Rith Housing Corporation and what are their salaries?

The average compensation at Allentown B'Nai B'Rith Housing Corporation during 2023 was $46,356. There are 19 employees and 9 volunteers at Allentown B'Nai B'Rith Housing Corporation.

Here are 11 key members and their salaries:

    Sandra Saenz (Manager)
  • Compensation: $88,991
  • Related: $0
  • Other: $41,875

    • Robert Sipos (Administrator)
  • Compensation: $32,897
  • Related: $0
  • Other: $12,110

    • Ari Forgosh (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maxine Klein (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbra Butz (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alison Post (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil Forgosh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marjorie Forgosh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy Grob (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marla Melman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zac Cohen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.abbhc.com

    Where can I find the form 990 for Allentown B'Nai B'Rith Housing Corporation?

    The Allentown B'Nai B'Rith Housing Corporation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.abbhc.com

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

    Mission Statement of Allentown B'Nai B'Rith Housing Corporation

    Allentown B'Nai B'Rith Housing Corporation is dedicated to providing subsidized housing solutions for the elderly and mobility-impaired individuals. They achieve this mission through their engagement with the U.S. Department of Housing and Urban Development, specifically utilizing Section 8 Housing Assistance Payments and Section 207/223(F) Mortgage Insurance Programs. By leveraging these resources, Allentown B'Nai B'Rith Housing Corporation creates a supportive living environment that caters to the unique needs of its elderly and mobility-impaired residents. This nonprofit organization's primary goal is to ensure that these vulnerable individuals have access to safe and affordable housing, thereby promoting their overall well-being and independence.

    Impact

    This information is meant to be a general summary of Allentown B'Nai B'Rith Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Allentown B'Nai B'Rith Housing Corporation's impact is significant as it provides subsidized housing to the elderly and mobility impaired individuals through the U.S. Department of Housing and Urban Development. By offering this support, the organization helps improve the quality of life for vulnerable populations in Allentown, Pennsylvania. Through programs like Section 8 housing assistance payments and the Section 207/223(f) mortgage insurance programs, they contribute towards ensuring safe and affordable housing for those in need.





    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 2023.

  • Investment Income: $21,768
  • Program Service Revenue: $3,117,841
  • Gross Receipts: $3,258,896

    • Assets and Liabilities:
  • Total Assets: $7,619,235
  • Total Liabilities: $8,785,847
  • Net Assets: -$1,166,612
  • Programs

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

    LOW INCOME RENTALS

    Revenue

    $3,117,841

    Organization Details

    Founding Year

    1973

    Principal Officer

    Ari Forgosh

    Main Address

    1616 W LIBERTY STREET, ALLENTOWN, PA, 18102

    NTEE Category

    Code: L500 - Housing

    If you are a representative of Allentown B'Nai B'Rith Housing Corporation 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.