Overview
What is Amesbury Gardens Tenants Association Inc?
Amesbury Gardens Tenants Association Inc is a nonprofit organization situated at 198 Amesbury Street, Lawrence, Massachusetts 01841. Their primary goal is to enhance the physical and social conditions of the Amesbury Gardens Affordable Housing Apartment Project. By doing so, they aim to provide affordable housing to the community. Their mission is deeply rooted in improving the living conditions of the residents in this project, ensuring that everyone has access to affordable and well-maintained housing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Amesbury Gardens Tenants Association Inc has earned an 82% rating from Charity Navigator, reflecting strong accountability and financial practices. This score is determined entirely by the organization’s performance in accountability and finance, indicating a solid trust in the nonprofit’s financial management and transparency.
The organization boasts a 100% independent board of directors, which enhances governance and decision-making integrity. Additionally, it has a remarkable program expense ratio of 99.05%, suggesting that a significant portion of its resources is dedicated to its programs rather than administrative costs. This focus on effective resource allocation reinforces its commitment to serving its mission.
However, while the nonprofit demonstrates strong financial health and governance, the rating is solely based on accountability and finance, which leaves out other aspects such as program effectiveness or community impact. Future assessments could benefit from a more comprehensive evaluation that includes these dimensions.
This AI summary has been generated from information found on Charity Navigator.
Is Amesbury Gardens Tenants Association Inc legitimate?
Amesbury Gardens Tenants Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Amesbury Gardens Tenants Association 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Amesbury Gardens Tenants Association Inc?
The Amesbury Gardens Tenants Association Inc's mission is centered around enhancing the physical and social conditions of an affordable housing project. Their primary goal is to improve the living conditions of this specific housing project, providing a sense of community and affordable housing for its residents. The association strives to create a conducive environment for its members, ensuring that they have access to decent living conditions.
Who is the CEO of Amesbury Gardens Tenants Association Inc?
Iris Ortiz is the Director of Amesbury Gardens Tenants Association Inc.
What is the revenue of Amesbury Gardens Tenants Association Inc?
Amesbury Gardens Tenants Association Inc's revenue in 2022 was $1,745,597.
Who are the executives of Amesbury Gardens Tenants Association Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Amesbury Gardens Tenants Association Inc?
Amesbury Gardens Tenants Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Amesbury Gardens Tenants Association Inc
The Amesbury Gardens Tenants Association Inc is committed to enhancing both the physical and social conditions of the Amesbury Gardens Affordable Housing Apartment Project. Their primary mission is to improve the living conditions within this affordable housing complex, ensuring that it remains a viable and desirable option for its residents. By providing affordable housing, the association seeks to contribute positively to the well-being and quality of life of its tenants.
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Impact
July, 2024
The Amesbury Gardens Tenants Association Inc's impact is focused on improving the physical and social conditions of the affordable housing apartment project in Amesbury Gardens. Their mission is to provide affordable housing and work towards enhancing the overall living conditions within the community. Through their efforts, they are striving to create a more secure and thriving environment for residents in Lawrence, Massachusetts.
This information is meant to be a general summary of Amesbury Gardens Tenants Association 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: $220
- Program Service Revenue: $1,733,254
- Gross Receipts: $1,745,597
Assets and Liabilities:
- Total Assets: $4,646,183
- Total Liabilities: $168,780
- Net Assets: $4,477,403
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,733,254
Organization Details
Founding Year
1993
Phone
(978) 689-8033Principal Officer
Iris Ortiz
Main Address
198 AMESBURY STREET, LAWRENCE, MA, 01841
NTEE Category
Code: L20 - Housing
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