Overview
What is Sli Mclaughlin House Inc?
Sli Mclaughlin House Inc is a nonprofit organization situated in Woburn, Massachusetts. Their primary mission is to offer affordable housing solutions for individuals who have sustained brain injuries. The organization operates a group home comprising eight units, adhering to guidelines established by the U.S. Department of Housing and Urban Development (HUD). Their aim is to provide survivors of brain injuries with appropriate, long-term, and affordable housing options, enabling them to live with dignity and achieve their highest level of independence in the community.
Official website here: www.supportivelivinginc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Sli McLaughlin House Inc has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 68%. This rating highlights several positive aspects, particularly the organization's strong governance structure, which includes 85% independent board members and a well-sized board of six independent members. Additionally, there are no reported material diversions of assets, and the charity has a conflict of interest policy in place.
However, the nonprofit has notable weaknesses that contribute to its "Needs Improvement" rating. The absence of a whistleblower policy and a document retention and destruction policy raises concerns about transparency and accountability. Furthermore, the organization has a high liabilities to assets ratio of 128.10%, indicating potential financial instability, despite maintaining a solid program expense ratio of 75.45%.
Overall, while Sli McLaughlin House Inc demonstrates strengths in governance and program expenditures, the lack of key policies and financial challenges suggest that there is room for significant improvement in its operational practices. Potential donors and stakeholders should consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Sli Mclaughlin House Inc legitimate?
Sli Mclaughlin House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sli Mclaughlin House 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: $0
For more financial information, click here
Official website here: www.supportivelivinginc.org
What is the mission statement of Sli Mclaughlin House Inc?
Sli Mclaughlin House Inc's mission is centered around providing appropriate and affordable long-term supportive housing options for survivors of brain injuries. This mission aims to enable these individuals to live with dignity and achieve their highest level of independence in the community. The organization owns and operates a group home consisting of eight units of affordable housing for brain injury survivors, with tenants required to meet HUD established guidelines.
Official website here: www.supportivelivinginc.org
Who is the CEO of Sli Mclaughlin House Inc?
Peter Noonan is the President of Sli Mclaughlin House Inc.
Official website here: www.supportivelivinginc.org
What is the revenue of Sli Mclaughlin House Inc?
Sli Mclaughlin House Inc's revenue in 2023 was $214,451.
Official website here: www.supportivelivinginc.org
Who are the executives of Sli Mclaughlin House Inc and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $117,441
- Other: $13,873
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- Other: $0
Official website here: www.supportivelivinginc.org
Where can I find the form 990 for Sli Mclaughlin House Inc?
Sli Mclaughlin House Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.supportivelivinginc.org
Learn more at the official website: www.supportivelivinginc.org
Mission Statement of Sli Mclaughlin House Inc
Sli Mclaughlin House Inc is committed to providing appropriate and affordable lifelong supportive housing options for survivors of brain injuries. Their mission is to enable these individuals to live with dignity and achieve their highest level of independence in the community. The nonprofit organization achieves this by operating a group home with eight units of affordable housing, catering to individuals who have suffered brain injuries. Tenants are required to meet HUD established guidelines, ensuring a structured living environment that promotes independence and dignity for the survivors. By offering this type of housing, Sli Mclaughlin House Inc is making a significant contribution in enabling brain injured survivors to lead fulfilling lives in the community.
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Impact
October, 2024
Sli McLaughlin House Inc. plays a crucial role in providing affordable housing options specifically designed for brain injury survivors. By owning and operating a group home with eight units, it creates a safe and supportive living environment that allows individuals who have suffered brain injuries to thrive. This initiative ensures that tenants receive the necessary resources to live with dignity and pursue their highest level of independence within the community.
The organization not only addresses the immediate need for affordable housing but also fosters a sense of community among residents, helping them navigate the challenges associated with their injuries. By adhering to established HUD guidelines, Sli McLaughlin House Inc. guarantees that its housing solutions are both appropriate and accessible. Ultimately, its impact lies in empowering survivors of brain injury through stable and supportive living conditions, enabling them to lead fulfilling lives.
This information is meant to be a general summary of Sli Mclaughlin House 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 2023.
- Investment Income: $841
- Program Service Revenue: $31,571
- Gross Receipts: $214,451
Assets and Liabilities:
- Total Assets: $661,908
- Total Liabilities: $856,703
- Net Assets: -$194,795
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$31,571
Organization Details
Founding Year
1999
Phone
(781) 937-3199Principal Officer
Peter Noonan
Main Address
400 WEST CUMMINGS PARK 6100, WOBURN, MA, 018016519
Website
www.supportivelivinginc.orgNTEE Category
Code: P80 - Human services
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