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Pennreach

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

EIN: 454123725 ✦ Allentown, NJ ✦ Designated as a 501(c)(3)

Overview

What is Pennreach?

Pennreach is a nonprofit organization based in Allentown, New Jersey, with the address 18 South Main Street, 08501. Their mission is to provide affordable housing and essential support services to low-income individuals, senior citizens, and people with special needs. Pennreach goes beyond just building quality, affordable housing for these communities; they also offer employment opportunities, education, and training programs. These resources and supports help individuals maintain their housing and lead valued lives. The organization employs a workforce of 348 individuals dedicated to addressing the holistic needs of the community.


Official website here: www.pennreach.org

Is Pennreach legitimate?

Pennreach is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pennreach 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: $136,527
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,043,157

For more financial information, click here


Official website here: www.pennreach.org

What is the mission statement of Pennreach?

Pennreach is an organization dedicated to building neighborhoods by addressing the holistic needs of individuals. They provide good quality, affordable housing as a foundation for a valued life. Beyond housing, Pennreach offers employment opportunities, education, and training for people in need, including seniors, families facing low income and related challenges, and those with special needs. The organization goes beyond just constructing housing; it aims to supply the necessary resources and support to help individuals maintain their housing.


Official website here: www.pennreach.org

Who is the CEO of Pennreach?

Krystal Odell is the Ceo of Pennreach. The CEO's salary of Pennreach is $136,527 and their total compensation is $136,527.


Official website here: www.pennreach.org

What is the revenue of Pennreach?

Pennreach's revenue in 2023 was $16,540,528.


Official website here: www.pennreach.org

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

The average compensation at Pennreach during 2023 was $32,126. There are 348 employees at Pennreach.

Here are 5 key members and their salaries (Pennreach's CEO's salary is $136,527 and their total compensation is $136,527):

    Krystal Odell (Ceo) [Trustee/Director]
  • Compensation: $136,527
  • Related: $0
  • Other: $0

    • Steve Schoch (Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Elliot (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Shipp (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil Malvone (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.pennreach.org

    Where can I find the form 990 for Pennreach?

    The Pennreach’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.pennreach.org

    Learn more at the official website: www.pennreach.org

    Mission Statement of Pennreach

    Pennreach is a dedicated organization that strives to construct thriving communities by addressing the comprehensive needs of individuals. By providing not just good quality, affordable housing but also employment opportunities, education, and training, Pennreach caters to a wide range of people, including seniors, families facing challenges of low income, and those with special needs. In essence, Pennreach endeavors to build more than just affordable housing; it aims to create a solid foundation for valued lives by offering essential resources and supports that enable people to maintain their housing.

    Impact

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




    Thursday, August 15, 2024

    Pennreach's impact lies in its commitment to building neighborhoods by addressing the holistic needs of individuals. By providing good quality affordable housing, employment opportunities, education, and training, Pennreach aims to uplift low-income individuals, senior citizens, and people with special needs. Through their efforts, Pennreach not only provides housing but also resources and supports to help residents maintain their homes, fostering a sense of stability and value in their lives. This organization plays a crucial role in community improvement by promoting sustainable growth and well-being 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: $23,105
  • Program Service Revenue: $12,109,221
  • Gross Receipts: $16,540,528

    • Assets and Liabilities:
  • Total Assets: $5,374,959
  • Total Liabilities: $1,430,840
  • Net Assets: $3,944,119
  • Programs

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

    PROGRAM SERVICE REVENUE

    Revenue

    $11,401,412

    CONTRIBUTION TO CARE

    Revenue

    $387,440

    RENTAL INCOME

    Revenue

    $240,883

    SUPPORTIVE SERVICES CONTRACT

    Revenue

    $78,131

    MISCELLANEOUS INCOME

    Revenue

    $1,355

    Organization Details

    Founding Year

    2011

    Principal Officer

    Krystal Odell

    Main Address

    18 SOUTH MAIN STREET, ALLENTOWN, NJ, 08501

    NTEE Category

    Code: S20 - Community improvement

    If you are a representative of Pennreach 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.