NonprofitsMount Vernon Manor Inc

Housing & Shelter

Mount Vernon Manor Inc

PHILADELPHIA, PA

Total revenue

$4.2M

Total expenses

$2.0M

Net assets

$6.7M

Grants received

$2.3M

20 grants

EIN

232037301

Tax year

2024

Mission

Provide and preserve affordable and low income housing

Programs

3 programs

The neighbourhood advisory commitee has continued ongoing support sevices for the community based program including food, utiliy and rental assistance. It also supports the local park/garden with staff and other resources.

Expenses: $878K

Mantua preservation project operates multiple residential rental units to maintain their affordable low income characteristic and subsequently renovated units before leasing to qualified low income tenants. Additional development opportunities are in planning and pre-development stages.

Expenses: $448K

Consulting income and development

Expenses: $198K

Financials

FY 2024

Revenue

Contributions & grants$2.8M
Program service revenue$755K
Investment income$105K
Other revenue$517K
Total revenue$4.2M

Expenses

Grants paid
Salaries & benefits$745K
Fundraising
Other expenses$1.3M
Total expenses$2.0M
Total assets$9.7M
Net assets$6.7M

People

5 listed

NameRoleCompensation

MICHAEL THORPE

EXECUTIVE DIRECTOR

Board

$125K

40 hrs/wk

BELINDA MAYO

PRESIDENT/BOARD CHAIR

Board

1 hrs/wk

KARIM PURDIE

TREASURER

Board

1 hrs/wk

FAITH DYSON-WASHINGTON

MEMBER

Board

1 hrs/wk

AIISHA G HERRING

MEMBER

Board

1 hrs/wk

Independent contractors

SIMIANO CONSTRUCTION (FOR 769)

CONSTRUCTION

$443K

STONE SHERRICK CONSULTING LLC

CONSULTING

$249K

TONER ARCHITECTS

ARCHITECT

$147K

PHILADELPHIA HOUSING FINANCE AGENCY (2 V

FINANCE

$106K

Grants received

Showing 20 of 20

FromAmountPurposeYear
$690K
AFFORDABLE HOUSING & HOUSING ASSIST
2024
$139K
TO SUPPORT AND PROMOTE AFFORDABLE AND WORKFORCE HOUSING ACROSS THE DC/MD/VA REGION
2024
$100K
ENERGY CONSERVATION AND ENERGY EFFICIENCY; RENEWABLE ENERGY; AND OTHER ADVANCED CLEAN ENERGY TECHNOLOGIES.
2024
$8K
CAPACITY BUILDING
2024
$155K
GENERAL OPERATING SUPPORT
2023
$139K
FOR CAPACITY BUILDING AND BUSINESS GROWTH
2023
$111K
FUND COMMUNITY ACCESSIBILITY PROJECTS
2023
$110K
RELOCATION OF URBAN THINKSCAPE TO BELMONT COMMONS
2023
$2K
GENERAL
2023
$278K
FOR CAPACITY BUILDING AND BUSINESS GROWTH
2022
$12K
FUND COMMUNITY ACCESSIBILITY PROJECTS
2022
$15K
FINANCIAL ASSISTANCE
2021
$15K
COVID-19 RELIEF EFFORT
2020
$10K
FINANCIAL ASSISTANCE
2020
$20K
FINANCIAL ASSISTANCE
2019

Funded by

$2.3M from 10 funders · 20 grants · 2019–2024

Mantua & Powelton Alliance

$690K · 1 grant · 2024

Capital Impact Partners

$556K · 3 grants · 2022–2024

Local Initiatives Support Corporation

$309K · 4 grants · 2020–2024

The Philadelphia Foundation

$178K · 3 grants · 2020–2024

National Fair Housing Alliance

$123K · 2 grants · 2022–2023

The William Penn Foundation

$110K · 1 grant · 2023

The Reinvestment Fund Inc

$100K · 1 grant · 2024

Details

EIN232037301
NTEE codeL210
Subsection03
Ruling date1978-06
Formed1977
Employees23
Volunteers20
MOUNT VERNON MANOR INC — Mission, Financials & Grants Received | Grantivo