Overview
What is St Francis Development Corporation?
St. Francis Development Corporation is a non-profit organization that is closely associated with the St. Francis Residential Care Community. Its primary role is to serve as the sponsor and developer for Franciscan Vistas Ewa, an independent living community designed specifically for seniors. This organization is committed to enhancing the living standards of older adults, providing them with a comfortable and independent environment. Although the specific activities and mission details are outlined in a separate schedule, it's clear that St. Francis Development Corporation plays a significant role in the development and operation of senior living facilities.
Official website here: www.stfrancishawaii.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Stars (37%)
St Francis Development Corporation has received a Zero-Star rating from Charity Navigator, with an overall score of 37%. This rating reflects significant concerns regarding the organization's accountability and financial management. Notably, the organization lacks independent board members, which raises questions about governance and oversight.
While the charity does score well in areas such as having a conflict of interest policy and retaining meeting minutes, it has serious deficiencies in financial metrics. The program expense ratio is reported at 0.00%, indicating that no funds are allocated towards its stated programs, which could imply inefficiency or mismanagement of resources. Additionally, the liabilities to assets ratio is alarmingly high at 2291.55%, suggesting potential financial instability.
The compensation for key personnel is also notably high, with salaries for several top executives exceeding $200,000. This raises concerns about prioritization of funds, especially in the context of the organization's low program expense ratio. Overall, the data suggests that St Francis Development Corporation needs significant improvements in governance and financial practices to enhance its accountability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is St Francis Development Corporation legitimate?
St Francis Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Francis Development Corporation 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.stfrancishawaii.org
What is the mission statement of St Francis Development Corporation?
St. Francis Development Corporation, being a not-for-profit organization linked to the St. Francis Residential Care Community, serves as the sponsor and developer for Franciscan Vistas Ewa, a senior independent living community. Its mission, although not explicitly stated in the provided information, can be inferred to be supporting the development and operation of senior living communities, providing independent living options for seniors. This organization likely aims to enhance the quality of life for seniors, promoting independence and well-being. However, without specific mission statement details, this is a paraphrased and speculative summary.
Official website here: www.stfrancishawaii.org
Who is the CEO of St Francis Development Corporation?
Melissa Ah Ho-Mauga is the Principal Officer of St Francis Development Corporation.
Official website here: www.stfrancishawaii.org
What is the revenue of St Francis Development Corporation?
St Francis Development Corporation's revenue in 2022 was $32,378.
Official website here: www.stfrancishawaii.org
Who are the executives of St Francis Development Corporation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $356,558
- Other: $27,730
- Compensation: $0
- Related: $201,083
- Other: $6,535
- Compensation: $0
- Related: $201,470
- Other: $909
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.stfrancishawaii.org
Where can I find the form 990 for St Francis Development Corporation?
St Francis Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stfrancishawaii.org
Learn more at the official website: www.stfrancishawaii.org
Mission Statement of St Francis Development Corporation
St. Francis Development Corporation, as a not-for-profit organization, plays a vital role in sponsoring and developing Franciscan Vistas Ewa, a senior independent living community. This mission is aligned with the St. Francis Residential Care Community, ensuring that older adults have access to a comfortable and independent living environment. The corporation's role in this project underscores its commitment to providing senior citizens with a suitable living space, allowing them to maintain their independence while receiving the necessary support and care. By serving as the sponsor/developer for Franciscan Vistas Ewa, St. Francis Development Corporation contributes to the well-being of senior individuals, providing them with a safe and enjoyable living environment.
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Impact
August, 2024
St. Francis Development Corporation's impact can be seen through its sponsorship and development of Franciscan Vistas Ewa, a senior independent living community. This initiative not only provides seniors with a safe and comfortable living environment but also contributes to the overall improvement of the community. Through its work, St. Francis Development Corporation is enhancing the quality of life for elderly individuals and making a positive difference in the Honolulu area.
This information is meant to be a general summary of St Francis Development Corporation. 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: $32,378
Assets and Liabilities:
- Total Assets: $89,116
- Total Liabilities: $1,911,752
- Net Assets: -$1,822,636
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Organization Details
Founding Year
2005
Phone
(808) 547-8066Principal Officer
Melissa Ah Ho-Mauga
Main Address
PO BOX 29700, HONOLULU, HI, 968202100
Website
www.stfrancishawaii.orgNTEE Category
Code: S20 - Community improvement
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