Overview
What is Keygate Manor Inc?
Keygate Manor Inc is a nonprofit organization situated in Blacklick, Ohio. Their primary mission is to provide affordable and accessible housing for low-income elderly and handicapped individuals, ensuring their physical, social, and psychological needs are met. They operate a 59-unit apartment building under Section 202 of the National Affordable Housing Act, offering a supportive living environment specifically tailored to their residents' needs. By offering housing facilities and services, Keygate Manor Inc aims to promote the health, security, happiness, and usefulness of its residents in their longer living.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Stars
Keygate Manor Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement despite some notable strengths. The organization demonstrates excellent governance with 100% of its board members being independent, and it has a strong commitment to financial oversight, receiving full marks in areas such as its audit and oversight committee and conflict of interest policy.
However, the organization faces significant challenges reflected in its financial health. With a liabilities to assets ratio of 146.13%, it raises concerns about sustainability and fiscal management. Additionally, the absence of critical policies, such as a whistleblower and document retention policy, along with not posting required tax forms on its website, points to areas where Keygate Manor Inc can enhance its transparency and accountability. Overall, while the organization shows promise in program spending, it must address these limitations to improve its overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Keygate Manor Inc legitimate?
Keygate Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keygate Manor 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
What is the mission statement of Keygate Manor Inc?
Keygate Manor Inc's mission is centered around providing affordable and accessible housing for low-income elderly and handicapped individuals. Their objective is to offer housing facilities and services that cater to the unique physical, social, and psychological needs of these individuals, aiming to enhance their health, security, happiness, and overall usefulness in their later years. The organization strives to promote their well-being by operating a 59-unit apartment building, which is in compliance with Section 202 of the National Affordable Housing Act, specifically designed for elderly individuals with mobility disabilities.
Who is the CEO of Keygate Manor Inc?
Celia Kendall is the Ceo of Keygate Manor Inc. The CEO's salary of Keygate Manor Inc is $0 and their total compensation is $107,985.
What is the revenue of Keygate Manor Inc?
Keygate Manor Inc's revenue in 2022 was $634,535.
Who are the executives of Keygate Manor Inc and what are their salaries?
There 8 volunteers at Keygate Manor Inc.
Here are 9 key members and their salaries (Keygate Manor Inc's CEO's salary is $0 and their total compensation is $107,985):
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- Compensation: $0
- Related: $101,145
- Other: $6,840
Where can I find the form 990 for Keygate Manor Inc?
Keygate Manor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Keygate Manor Inc
Keygate Manor Inc, a nonprofit organization, is committed to providing affordable and accessible housing for low-income elderly and handicapped individuals. Their mission is to offer housing facilities and services that cater specifically to the physical, social, and psychological needs of these individuals, aiming to promote their health, security, happiness, and usefulness in longer living. The organization strives to create an environment that supports the well-being of elderly and handicapped persons, ensuring they feel secure, content, and engaged in their living situation.
Keygate Manor Inc operates a 59-unit apartment building, funded under Section 202 of the National Affordable Housing Act. This housing complex is tailored to cater to low-income individuals with mobility disabilities, ensuring they have access to suitable living conditions that meet their unique needs. The organization's mission is not just about providing a roof over their heads but also about creating an inclusive and supportive community where these individuals can thrive and lead fulfilling lives.
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Impact
July, 2024
Keygate Manor Inc's impact is significant in providing affordable and accessible housing for low-income elderly and handicapped individuals in Blacklick, Ohio. By operating a 59-unit apartment building under Section 202 of the National Affordable Housing Act, Keygate Manor Inc plays a crucial role in ensuring that elderly and low-income individuals with mobility disabilities have a place to call home. Their mission to meet the physical, social, and psychological needs of this vulnerable population fosters health, security, happiness, and usefulness in longer living. Through their dedicated efforts, Keygate Manor Inc positively impacts the lives of those they serve, helping to ensure that everyone has a safe and supportive environment to thrive in.
This information is meant to be a general summary of Keygate Manor 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: $1,559
- Program Service Revenue: $230,355
- Gross Receipts: $634,535
Assets and Liabilities:
- Total Assets: $3,503,569
- Total Liabilities: $5,120,330
- Net Assets: -$1,616,761
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$230,355
Organization Details
Founding Year
2004
Phone
(614) 452-4184Principal Officer
Celia Kendall
Main Address
PO BOX 348, BLACKLICK, OH, 43004
NTEE Category
Code: L21 - Housing
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