Scs Management Corporation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222570407 ✦ Keene, NH ✦ Designated as a 501(c)(3)

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Overview

What is Scs Management Corporation?

SCS Management Corporation, located in Keene, New Hampshire, is a prominent entity that manages and operates various real estate properties. Their primary focus is on office buildings and residential housing, primarily catering to low-income families. The organization's mission aligns with Southwestern Community Services, Inc., as they operate these properties on behalf of this nonprofit organization. SCS Management Corporation plays a significant role in providing suitable living spaces and managing property for its designated community.


Official website here: www.scshelps.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82%, Three-Star out of Four Star rating.

Scs Management Corporation has earned a three-star rating, reflective of its strong accountability and finance practices, scoring 82% in these areas. This rating is significant as it indicates a commitment to transparency and effective management, which is vital for donor trust and organizational integrity.

Strengths of the organization include a fully independent board with a solid structure, as evidenced by 10 out of 10 points for majority independent board members. Additionally, the organization demonstrates strong financial stewardship with a program expense ratio of 100%, indicating that all of its resources are dedicated to its mission. The presence of important governance policies, including conflict of interest and whistleblower policies, further underscores its commitment to ethical practices.

Despite the positive assessment, it is important to note that the rating is based solely on accountability and finance without a broader evaluation of the organization’s impact or outcomes. Therefore, while the financial practices are commendable, potential donors may want to consider additional factors such as program effectiveness when making contributions.


This AI summary has been generated from information found on Charity Navigator.

Is Scs Management Corporation legitimate?

Scs Management Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scs Management 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.scshelps.org

What is the mission statement of Scs Management Corporation?

Scs Management Corporation's mission is centered around managing real estate properties for Southwestern Community Services, Inc. Specifically, they oversee office buildings, residential housing for low-income families, and various equipment. This operation is carried out with the intention of contributing to the overall mission of Southwestern Community Services, Inc. The corporation's role in managing these properties plays a significant part in providing necessary facilities and resources to the community.


Official website here: www.scshelps.org

Who is the CEO of Scs Management Corporation?

Margaret Freeman is the Chief Executive Officer of Scs Management Corporation. The CEO's salary of Scs Management Corporation is $0 and their total compensation is $118,986.


Official website here: www.scshelps.org

What is the revenue of Scs Management Corporation?

Scs Management Corporation's revenue in 2022 was $42,558.


Official website here: www.scshelps.org

Who are the executives of Scs Management Corporation and what are their salaries?


Here are 6 key members and their salaries (Scs Management Corporation's CEO's salary is $0 and their total compensation is $118,986):


Beth Daniels (Chief Executive Officer)
  • Compensation: $0
  • Related: $97,919
  • Other: $21,067
Kevin Watterson (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Freeman (Chief Financial Officer)
  • Compensation: $0
  • Related: $99,214
  • Other: $31,653
Keith Thibault (Secretary)
  • Compensation: $0
  • Related: $89,591
  • Other: $37,564
David Edkins (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Manning (Former Chief Executive Officer)
  • Compensation: $0
  • Related: $119,906
  • Other: $24,804


Official website here: www.scshelps.org

Where can I find the form 990 for Scs Management Corporation?

Scs Management Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.scshelps.org

Learn more at the official website: www.scshelps.org

Mission Statement of Scs Management Corporation

Scs Management Corporation, a renowned organization, is dedicated to managing real estate properties on behalf of Southwestern Community Services, Inc. Their primary mission involves operating various types of properties, including office buildings and residential housing for low-income families. Additionally, they oversee the maintenance of various equipment associated with these properties. By doing so, Scs Management Corporation plays a crucial role in ensuring the smooth functioning of Southwestern Community Services, Inc.'s operations, ultimately contributing to the betterment of the community they serve.

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Impact




August, 2024

Scs Management Corporation's impact lies in the provision and management of essential real estate properties for low-income families in the Keene, NH area. By owning and operating office buildings, residential housing, and various equipment, Scs Management Corporation plays a crucial role in ensuring that individuals and families have access to affordable and safe housing options. Through their mission to operate real estate property for Southwestern Community Services, Inc., they significantly contribute to addressing housing challenges and improving the quality of life for those in need.




This information is meant to be a general summary of Scs Management 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.

Revenue
$42,558 (2022)
Expenses
$228,032 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $59
  • Program Service Revenue: $5,008
  • Gross Receipts: $42,558

Assets and Liabilities:

  • Total Assets: $791,955
  • Total Liabilities: $1,781,841
  • Net Assets: -$989,886

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE

Revenue

$5,008

Organization Details

Founding Year

1965

Principal Officer

Margaret Freeman

Main Address

PO BOX 603, KEENE, NH, 03431

NTEE Category

Code: L20 - Housing

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