Overview
What is Mishawum Park Tenant's Association Inc C/O Peabody Properties Inc?
Mishawum Park Tenant's Association Inc, in association with Peabody Properties Inc, is a nonprofit organization situated at 536 Granite Street, Braintree, Massachusetts, 02184. Their primary mission is to enhance, acquire, rehabilitate, and manage the existing affordable housing project. By doing so, they aim to contribute positively to their community, providing accessible and affordable living options. While the information provided is limited, it suggests that this organization is dedicated to improving the living conditions of its residents and ensuring the longevity of the housing project.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Mishawum Park Tenant's Association Inc has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and finance management. The 79% score reflects a strong commitment to transparency and efficient use of funds, as evidenced by a high program expense ratio of 81.70%. This suggests that the majority of financial resources are directed towards the organization's mission.
The organization demonstrates robust governance practices, featuring a board composed entirely of independent members and effective policies related to conflict of interest and whistleblowing. These elements contribute positively to the overall perception of the nonprofit's operations, highlighting its dedication to ethical standards and accountability.
However, the organization has some areas for improvement, particularly concerning its liabilities to assets ratio, which received a score of 0 out of 15 points. This indicates potential concerns regarding its financial stability, suggesting that stakeholders may want to monitor this aspect more closely to ensure the organization's long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Mishawum Park Tenant's Association Inc C/O Peabody Properties Inc legitimate?
Mishawum Park Tenant's Association Inc C/O Peabody Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mishawum Park Tenant's Association Inc 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: $779,999
For more financial information, click here
What is the mission statement of Mishawum Park Tenant's Association Inc C/O Peabody Properties Inc?
The Mishawum Park Tenant's Association Inc., under the management of Peabody Properties Inc., is committed to enhancing, obtaining, renovating, and managing the existing affordable housing project. Their primary objective is to ensure the continued availability and quality of affordable housing options for their community, working tirelessly to improve and maintain these properties. Their mission is not just limited to operation but also includes the acquisition and rehabilitation of these housing projects, ensuring they remain affordable and suitable for their intended residents.
Who is the CEO of Mishawum Park Tenant's Association Inc C/O Peabody Properties Inc?
Paul Sullivan is the Board Member of Mishawum Park Tenant's Association Inc C/O Peabody Properties Inc.
What is the revenue of Mishawum Park Tenant's Association Inc C/O Peabody Properties Inc?
Mishawum Park Tenant's Association Inc C/O Peabody Properties Inc's revenue in 2022 was $5,165,451.
Who are the executives of Mishawum Park Tenant's Association Inc C/O Peabody Properties Inc and what are their salaries?
There 8 volunteers at Mishawum Park Tenant's Association Inc C/O Peabody Properties Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Mishawum Park Tenant's Association Inc C/O Peabody Properties Inc?
Mishawum Park Tenant's Association Inc C/O Peabody Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mishawum Park Tenant's Association Inc C/O Peabody Properties Inc
Mishawum Park Tenant's Association Inc C/O Peabody Properties Inc is dedicated to enhancing, acquiring, renovating, and managing the existing affordable housing project. This nonprofit organization's mission is centered around improving the living conditions and providing affordable housing options for its residents. By engaging in these activities, the association aims to contribute positively to the community and ensure that affordable housing remains accessible to those in need.
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Impact
July, 2024
Mishawum Park Tenant's Association Inc C/O Peabody Properties Inc's impact lies in its efforts to improve, acquire, rehabilitate, and operate existing affordable housing projects. By focusing on enhancing and maintaining affordable housing options, this organization plays a crucial role in ensuring that individuals and families have access to safe and secure housing opportunities. Their mission of improving, acquiring, rehabilitating, and operating affordable housing projects directly addresses the pressing need for affordable housing in the community, thereby making a significant impact on the lives of those in need. Through their dedicated work, they contribute to creating a more stable and sustainable living environment for residents.
This information is meant to be a general summary of Mishawum Park Tenant's Association Inc 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: $6,318
- Program Service Revenue: $4,865,048
- Gross Receipts: $5,165,451
Assets and Liabilities:
- Total Assets: $35,270,656
- Total Liabilities: $27,790,515
- Net Assets: $7,480,141
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$4,865,048
Organization Details
Founding Year
1995
Phone
(781) 794-1000Principal Officer
Paul Sullivan
Main Address
536 GRANITE STREET, BRAINTREE, MA, 02184
NTEE Category
Code: L210 - Housing
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