Overview
What is Card Inc (Mill Pond) C/O Peabody Properties Inc?
Card Inc (Mill Pond), a nonprofit organization under the umbrella of Peabody Properties Inc, is situated in Braintree, Massachusetts, specifically at 536 Granite Street, ZIP code 02184. Their primary mission involves providing low-income housing facilities for the elderly and individuals with disabilities. This initiative has been realized in Littleton, Massachusetts, where they have established 50 such units. Their work aims to offer a secure living environment for these vulnerable groups, contributing significantly to the community.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 75%, Three-Star out of Four Star rating.
Card Inc (Mill Pond) C/O Peabody Properties Inc has achieved a 75% rating, reflecting solid accountability and finance practices. The organization demonstrates strong governance, with a fully independent board and well-documented policies in place, ensuring transparency and ethical management. Their financial statements are audited, indicating a commitment to maintaining accurate financial records.
While the charity excels in many areas, it faces challenges regarding its liabilities to assets ratio, scoring poorly in this aspect. This may suggest potential financial vulnerabilities that could impact its sustainability in the long term. However, the program expense ratio is relatively healthy, indicating a good allocation of resources toward its mission.
Overall, the organization shows a commitment to accountability and responsible financial management, making it a reliable choice for donors. Improvements in financial health metrics could enhance its standing and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Card Inc (Mill Pond) C/O Peabody Properties Inc legitimate?
Card Inc (Mill Pond) C/O Peabody Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Card Inc (Mill Pond) C/O Peabody Properties 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: $168,374
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What is the mission statement of Card Inc (Mill Pond) C/O Peabody Properties Inc?
Card Inc (Mill Pond), under the management of Peabody Properties Inc, is committed to providing low-income housing facilities. Their primary mission is to cater to the needs of the elderly and handicapped population. To achieve this, they offer accommodations that are affordable and accessible to individuals who may face financial or mobility challenges. In a specific instance, Card Inc. has established 50 such housing units in Littleton, Massachusetts. This initiative aims to ensure that these vulnerable groups have a secure and comfortable living environment, promoting their overall well-being and independence.
Who is the CEO of Card Inc (Mill Pond) C/O Peabody Properties Inc?
Richard Larabee is the Board Member of Card Inc (Mill Pond) C/O Peabody Properties Inc.
What is the revenue of Card Inc (Mill Pond) C/O Peabody Properties Inc?
Card Inc (Mill Pond) C/O Peabody Properties Inc's revenue in 2022 was $1,178,917.
Who are the executives of Card Inc (Mill Pond) C/O Peabody Properties Inc and what are their salaries?
There 5 volunteers at Card Inc (Mill Pond) C/O Peabody Properties Inc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Card Inc (Mill Pond) C/O Peabody Properties Inc?
Card Inc (Mill Pond) C/O Peabody Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Card Inc (Mill Pond) C/O Peabody Properties Inc
Card Inc (Mill Pond), under the guidance of Peabody Properties Inc, is committed to providing low-income housing facilities for the elderly and individuals with disabilities. Their mission, in essence, is to create an inclusive living environment that caters to the needs of this specific population group. By offering affordable housing, Card Inc (Mill Pond) aims to support and empower these individuals, ensuring they have access to safe and comfortable living spaces. This mission is a testament to their dedication to promoting equality and independence for all, regardless of age or ability.
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Impact
July, 2024
Card Inc (Mill Pond) C/O Peabody Properties Inc's impact lies in its provision of 50 units of low-income housing for the elderly and handicapped in Littleton, Massachusetts. This initiative directly addresses the pressing need for affordable housing in the community, particularly catering to vulnerable groups like the elderly and handicapped who may face challenges in accessing suitable accommodation. By offering these individuals a safe and affordable place to live, Card Inc contributes to enhancing their quality of life and ensuring they have a stable environment in which to thrive.
This information is meant to be a general summary of Card Inc (Mill Pond) C/O Peabody Properties 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: $2,994
- Program Service Revenue: $1,174,559
- Gross Receipts: $1,178,917
Assets and Liabilities:
- Total Assets: $3,460,348
- Total Liabilities: $2,808,666
- Net Assets: $651,682
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,174,559
Organization Details
Founding Year
1981
Phone
(781) 794-1000Principal Officer
Richard Larabee
Main Address
536 GRANITE STREET, BRAINTREE, MA, 02184
NTEE Category
Code: L20Z - Housing
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