Overview
What is Maplehill Mobile Home Park Residents Association?
The Maplehill Mobile Home Park Residents Association is a nonprofit organization situated in Mapleville, Rhode Island, specifically at 61 Hillside Drive. Their primary mission is to offer affordable mobile home sites to families and individuals who fall under the categories of low and moderate income. By doing so, they aim to contribute positively to the community and provide essential housing solutions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Maplehill Mobile Home Park Residents Association has earned a Three-Star rating from Charity Navigator, signifying a solid level of accountability and financial health. The score reflects a strong emphasis on transparency, particularly noted by the perfect score for having 100% independent board members. The organization demonstrates commitment through established policies on conflicts of interest, whistleblowing, and document retention.
Financially, the association shows a high program expense ratio, indicating that a significant portion of its budget is directed towards its mission-related activities. This is bolstered by a thorough audit of financial statements, which contributes positively to their accountability score. However, the liabilities to assets ratio suggests that there may be some financial leverage concerns, indicating a need for careful management of obligations in relation to resources.
Overall, while the association exhibits strong governance and financial practices, the slight concern regarding liabilities could be an area for future improvement. The high program expense ratio reflects a dedicated focus on serving its community, positioning the organization as a responsible steward of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Maplehill Mobile Home Park Residents Association legitimate?
Maplehill Mobile Home Park Residents Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maplehill Mobile Home Park Residents Association 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.
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What is the mission statement of Maplehill Mobile Home Park Residents Association?
The Maplehill Mobile Home Park Residents Association is committed to providing affordable mobile home sites for low and moderate-income families and individuals. Their mission is centered around making housing accessible for those who may not have the financial means to afford higher-priced housing options. This association plays a crucial role in ensuring that a diverse group of people have a place to call home, fostering a sense of community and stability.
Who is the CEO of Maplehill Mobile Home Park Residents Association?
Michael Cabana is the President of Maplehill Mobile Home Park Residents Association.
What is the revenue of Maplehill Mobile Home Park Residents Association?
Maplehill Mobile Home Park Residents Association's revenue in 2022 was $820,544.
Who are the executives of Maplehill Mobile Home Park Residents Association and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Maplehill Mobile Home Park Residents Association?
Maplehill Mobile Home Park Residents Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Maplehill Mobile Home Park Residents Association
Maplehill Mobile Home Park Residents Association is committed to providing an essential service to low and moderate-income families and individuals. The organization's mission, in its own words, is to offer affordable mobile home sites. By doing so, Maplehill aims to make housing more accessible for those who may be financially constrained. This mission is a vital contribution to the community, providing a much-needed solution for families seeking affordable housing options.
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Impact
July, 2024
Maplehill Mobile Home Park Residents Association's impact is significant in providing affordable housing options to low and moderate-income families and individuals in the city of Mapleville, Rhode Island. By offering mobile home sites at affordable rates, the association plays a vital role in addressing the housing needs of the community. Through their efforts, they create stability and a sense of belonging for individuals and families who may otherwise struggle to find suitable housing options. This impact extends beyond just providing shelter, as it contributes to the overall well-being and quality of life of those they serve.
This information is meant to be a general summary of Maplehill Mobile Home Park Residents Association. 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: $2,232
- Program Service Revenue: $818,312
- Gross Receipts: $820,544
Assets and Liabilities:
- Total Assets: $4,910,214
- Total Liabilities: $3,275,861
- Net Assets: $1,634,353
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$818,312
Organization Details
Founding Year
1991
Phone
(401) 568-8310Principal Officer
Michael Cabana
Main Address
61 HILLSIDE DRIVE, MAPLEVILLE, RI, 02839
NTEE Category
Code: L21Z - Housing
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