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St. Timothy Park Apartments Inc.

St. Timothy Park Apartments Inc.

Cuyahoga Fls, OH
Tax ID20-4499264

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About this organization

Revenue

$367,587

Expenses

$434,487

Website

hmhousing.org

Mission

Promotes and strengthens the self-sufficiency of individuals and families, especially the poor, through supportive services and quality housing.

About

The corporation provides housing and supportive services for low-income elderly persons in safe, attractive and well-maintained buildings in Northeast Ohio. We strive to keep seniors self-reliant and independent for as long as possible by securing additional services they need and encouraging a sense of community in each residence. The seniors we serve must be eligible for a HUD 202 apartment as determined by their income and must be recertified each year to continue residence. The project operates under Section 202 of the National Housing Act and within the rental and operating guidelines of the Department of Housing and Urban Development.

Interesting data from their 2019 990 filing

The filing outlines the non-profit's goal as “St. timothy park apartments, inc. (the project), a not-for-profit entity, owns and operates a 40-unit apartment project located in garfield heights, ohio. the project commenced operations on december 1, 2008. the project is operated under section 202 of the national housing act of 1959 and is regulated by the u.s. department of housing and urban development (hud) with respect to rental charges and operating methods. the project's major program is its section 202 capital advance which provided the majority of the funding to develop the project. the project also is subject to a project rental assistance contract (prac) with hud, and a portion of the project's rental income is received from hud.”.

When explaining its purpose, the activities were outlined as: “Promotes and strengthens the self- sufficiency of individuals and families, especially the poor, through supportive services and quality housing.”.

  • As per legal reporting requirements, the state of operation for the non-profit is OH.
  • The non-profit's address for 2019 is listed as 2251 Front St Suite 210, Cuyahoga Falls, OH, 44221 in the filing.
  • As per the non-profit's form, they have 0 employees as of 2019.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Provides credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is -$66,900.
  • The CEO compensation package within the organization is determined through a review and endorsement by a neutral party.
  • The organization has a written policy that delegates the management duties.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 5 independent voting members.
  • The organization was formed in 2007.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule O.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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