Overview
What is Illyrian Gardens Inc?
Illyrian Gardens Inc is a nonprofit organization situated in Worcester, Massachusetts, specifically at 545 Salisbury Street, 01609. Their primary mission is to provide affordable housing opportunities for qualified elderly and disabled individuals. Currently, they operate one program under Section 8 Housing Assistance, ensuring a total of 64 units for the elderly and 8 handicap units. This nonprofit organization strives to enhance the living conditions and promote independence for those in need.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: Two-Star out of Four Star rating (67%)
Illyrian Gardens Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance in accountability and finance. The organization demonstrates strong governance through a fully independent board, achieving maximum points in board independence and financial oversight. Additionally, it shows a solid program expense ratio, suggesting that all its expenses are directed toward its programs.
Despite these strengths, the charity faces challenges with its liabilities to assets ratio, which indicates potential financial instability. This aspect has contributed to the lower overall rating. While the organization has positive governance practices, the financial health reflected by its liabilities raises concerns for potential donors and stakeholders regarding long-term sustainability.
In summary, Illyrian Gardens Inc exhibits commendable features in governance and program management but needs to address its financial liabilities to improve its overall performance. Prospective supporters may want to consider these factors when evaluating their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Illyrian Gardens Inc legitimate?
Illyrian Gardens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illyrian Gardens Inc 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $175,017
For more financial information, click here
What is the mission statement of Illyrian Gardens Inc?
Illyrian Gardens Inc, as a mission, is committed to providing affordable housing for eligible elderly and disabled individuals. At present, the organization operates under Section 8 Housing Assistance, managing a program that includes 64 units for the elderly and 8 handicap units. Their primary goal is to ensure that these individuals have access to affordable living spaces, thereby enhancing their quality of life. The organization's activities are geared towards addressing the housing needs of this specific demographic, thus promoting their overall well-being and independence.
Who is the CEO of Illyrian Gardens Inc?
Mark Johns is the President of Illyrian Gardens Inc.
What is the revenue of Illyrian Gardens Inc?
Illyrian Gardens Inc's revenue in 2022 was $1,268,805.
Who are the executives of Illyrian Gardens Inc and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $85,109
- Related: $0
- Other: $0
Where can I find the form 990 for Illyrian Gardens Inc?
Illyrian Gardens Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Illyrian Gardens Inc
Illyrian Gardens Inc is committed to providing affordable housing for qualified elderly and disabled individuals. At present, the organization operates one program under Section 8 Housing Assistance. Their mission is centered around ensuring that these vulnerable groups have access to suitable living spaces. The organization currently manages 64 units specifically designed for the elderly and eight handicap-accessible units, all aimed at providing a comfortable living environment. Illyrian Gardens Inc strives to make a significant impact in the lives of eligible individuals by offering affordable housing solutions.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Illyrian Gardens Inc's impact lies in providing vital affordable housing to qualified elderly and disabled individuals in Worcester, MA. Through its operation of 64 units for the elderly and 8 handicap units under the Section 8 housing assistance program, the organization plays a crucial role in ensuring that this vulnerable population has access to safe and secure housing options. By fulfilling its mission of creating affordable housing opportunities for those in need, Illyrian Gardens Inc positively impacts the lives of its residents, fostering a sense of community and well-being.
This information is meant to be a general summary of Illyrian Gardens Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $906
- Program Service Revenue: $293,789
- Gross Receipts: $1,268,805
Assets and Liabilities:
- Total Assets: $2,064,611
- Total Liabilities: $2,657,550
- Net Assets: -$592,939
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$287,255
LAUNDRY & MISC INCOME
Revenue
$5,454
CABLE ACCESS FEE
Revenue
$1,080
Organization Details
Founding Year
1982
Phone
(508) 753-7217Principal Officer
Mark Johns
Main Address
545 SALISBURY STREET, WORCESTER, MA, 01609
NTEE Category
Code: L21 - Housing
If you are a representative of Illyrian Gardens Inc 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.