Overview
What is Birnam Wood Associates Ltd?
Birnam Wood Associates Ltd is a nonprofit organization situated in White Plains, New York, specifically at 470 Mamaroneck Avenue. Their primary mission is to provide affordable housing and supportive services to individuals with low and moderate income, who may also be dealing with mental health and/or substance abuse issues. To accomplish this, Birnam Wood Associates Ltd has entered into a property management agreement with Westchester Residential Opportunities, Inc. This collaboration allows the organization to effectively cater to the housing and service needs of these vulnerable individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (58%)
Birnam Wood Associates Ltd has received a low rating of 58%, which indicates significant concerns regarding its accountability and financial practices. The organization demonstrates strong governance attributes such as having a fully independent board and maintaining a high program expense ratio, signifying that most of its resources are directed toward its mission-related activities.
However, the nonprofit faces critical limitations that have negatively impacted its score. Notably, it lacks essential policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Additionally, the organization has a concerning liabilities to assets ratio of 102.58%, which suggests potential financial instability.
Overall, while Birnam Wood Associates Ltd shows strengths in board independence and program spending, its shortcomings in governance and financial health warrant caution for potential donors and stakeholders. The absence of critical policies and high liabilities raises questions about its operational effectiveness and long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Birnam Wood Associates Ltd legitimate?
Birnam Wood Associates Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Birnam Wood Associates Ltd 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
What is the mission statement of Birnam Wood Associates Ltd?
Birnam Wood Associates Ltd was established with the mission to provide housing and necessary services to individuals who fall under the low to moderate income bracket, battling mental health issues and substance abuse. The organization accomplishes this by owning real estate and entering into a property management agreement with Westchester Residential Opportunities, Inc. This collaboration enables Birnam Wood Associates Ltd to offer affordable housing and essential services to 11 individuals, thereby contributing to their well-being and recovery.
Who is the CEO of Birnam Wood Associates Ltd?
Marlene Zarfes is the Executive Director of Birnam Wood Associates Ltd.
What is the revenue of Birnam Wood Associates Ltd?
Birnam Wood Associates Ltd's revenue in 2022 was $43,300.
Who are the executives of Birnam Wood Associates Ltd and what are their salaries?
There 4 volunteers at Birnam Wood Associates Ltd.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $125,576
- Other: $17,176
Where can I find the form 990 for Birnam Wood Associates Ltd?
Birnam Wood Associates Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Birnam Wood Associates Ltd
Birnam Wood Associates Ltd was established with a mission to serve low and moderate income individuals who struggle with mental health and substance abuse issues. The organization's primary objective is to provide housing and necessary services for these individuals. Through a property management agreement with Westchester Residential Opportunities, Inc., Birnam Wood Associates Ltd offers affordable housing and support to eleven individuals, ensuring they have a safe and stable living environment. The organization's mission is deeply rooted in providing essential assistance to those in need, allowing them to overcome their challenges and regain control of their lives.
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Impact
August, 2024
Birnam Wood Associates Ltd has a significant impact by providing housing and services to low and moderate-income individuals who have mental health and/or substance abuse issues. Through its property management agreement with Westchester Residential Opportunities, Inc., the organization offers affordable housing and support to 11 individuals in need. By addressing the critical need for housing and services for vulnerable populations, Birnam Wood Associates Ltd plays a crucial role in promoting stability and wellness in the community. Their efforts contribute to improving the quality of life and overall well-being of those they serve, making a tangible difference in the lives of individuals facing mental health and substance abuse challenges.
This information is meant to be a general summary of Birnam Wood Associates Ltd. 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.
- Gross Receipts: $43,300
Assets and Liabilities:
- Total Assets: $409,258
- Total Liabilities: $419,857
- Net Assets: -$10,599
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Organization Details
Founding Year
1994
Phone
(914) 428-4507Principal Officer
Marlene Zarfes
Main Address
470 MAMARONECK AVENUE, WHITE PLAINS, NY, 10605
NTEE Category
Code: L80 - Housing
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