Smith Street Commons Inc
Nonprofit profile at a glance
- EIN
- 232948397
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990-EZ 2024
- Location
- Erie, PA, USA
- Phone
- 8144533333
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $87,217
- Expenses
- $74,319
- Assets
- $403,593
- Liabilities
- $324,757
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- MELISSA GRUCZA (CHAIR)
- JOE BLOOMSTINE (VICE CHAIR)
- CINDY STONE (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide and maintain 8 affordable homes, in a group home setting, for adults experiencing chronic mental illness.
What it reported doing in 2024
Smith street commons, inc, through its management agent housing and neighborhood development services (hands) provides attractive and affordable rental housing to low income and disabled individuals residing in corry, pa.
Operating model
- Revenue model
- Donor-supported. 68% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Liabilities are high compared with assets and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 100
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.3%; rating input score 71
- Program expense ratio: 81.8%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 14.8%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 5.43; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 0.8; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 14% per year; rating input score 100; 77th percentile among comparable filings
- Revenue growth: 1.2% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 1.7% per year; rating input score 100; 45th percentile among comparable filings
Details
- Where the money goes: 71.3% of revenue deployed · 81.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $61K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.