Overview
What is Johnnie B Moore Towers Ii Inc?
Johnnie B Moore Towers II Inc is a nonprofit organization situated in Atlanta, Georgia. Its primary mission is to provide housing for elderly individuals, operating a HUD-assisted apartment community regulated under Section 202 of the National Housing Act of 1959. The organization provides a safe and supportive living environment, ensuring that elderly persons have access to appropriate housing. By doing so, Johnnie B Moore Towers II Inc contributes positively to the well-being and quality of life for elderly residents in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Johnnie B Moore Towers II Inc has achieved a 79% rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scores particularly well in categories such as having a majority of independent board members and maintaining comprehensive financial audits, demonstrating strong governance practices.
The nonprofit shows a commendable program expense ratio of 88.82%, suggesting that a significant portion of its expenses directly supports its programs. Moreover, it has established various policies, including conflict of interest and whistleblower policies, reflecting a commitment to transparency and ethical management.
However, the organization faces a notable challenge with its liabilities to assets ratio at 139.09%, which may indicate financial strain. While the overall accountability and financial practices are strong, this particular aspect could raise concerns for potential donors regarding the long-term sustainability of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Johnnie B Moore Towers Ii Inc legitimate?
Johnnie B Moore Towers Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Johnnie B Moore Towers Ii 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: $105,929
For more financial information, click here
What is the mission statement of Johnnie B Moore Towers Ii Inc?
Johnnie B Moore Towers II Inc is committed to providing housing for elderly individuals. They accomplish this by operating a housing community that is assisted by the HUD and falls under Section 202 of the National Housing Act of 1959. The organization regulates and manages an apartment complex, providing a living space for senior citizens. This mission is aimed at ensuring elderly individuals have access to suitable housing, promoting their well-being and independence. The HUD assistance enables the organization to offer affordable housing options, making it easier for elderly persons to maintain a decent living standard.
Who is the CEO of Johnnie B Moore Towers Ii Inc?
Janice Williams is the President of Johnnie B Moore Towers Ii Inc.
What is the revenue of Johnnie B Moore Towers Ii Inc?
Johnnie B Moore Towers Ii Inc's revenue in 2022 was $509,883.
Who are the executives of Johnnie B Moore Towers Ii Inc and what are their salaries?
There 7 volunteers at Johnnie B Moore Towers Ii Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Johnnie B Moore Towers Ii Inc?
Johnnie B Moore Towers Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Johnnie B Moore Towers Ii Inc
Johnnie B. Moore Towers II Inc is dedicated to serving the elderly community by operating a housing facility that is assisted by the U.S. Department of Housing and Urban Development (HUD) under Section 202 of the National Housing Act of 1959. This nonprofit organization provides elderly individuals with a regulated apartment community, ensuring they have access to safe and comfortable living spaces. The mission of Johnnie B. Moore Towers II Inc is to enhance the quality of life for elderly persons by offering them a secure and supportive housing environment, thereby contributing to their overall well-being.
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Impact
July, 2024
Johnnie B Moore Towers II Inc's impact lies in providing essential housing to elderly persons through the operation of a HUD-assisted community regulated under Section 202 of the National Housing Act of 1959. By offering a supportive living environment for seniors in Atlanta, GA, this organization plays a crucial role in ensuring that elderly individuals have access to safe and affordable housing options. Through its mission of providing housing to seniors, Johnnie B Moore Towers II Inc positively contributes to the well-being and quality of life of this vulnerable population, making a meaningful difference in their lives.
This information is meant to be a general summary of Johnnie B Moore Towers Ii 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: $15
- Program Service Revenue: $507,520
- Gross Receipts: $509,883
Assets and Liabilities:
- Total Assets: $3,567,572
- Total Liabilities: $4,845,360
- Net Assets: -$1,277,788
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$507,520
Organization Details
Founding Year
2005
Phone
(404) 816-9770Principal Officer
Janice Williams
Main Address
PO BOX 53274, ATLANTA, GA, 30355
NTEE Category
Code: X99 - Religion related
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