Elmbrook Inc

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

EIN: 222931400 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

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Overview

What is Elmbrook Inc?

Elmbrook Inc, situated in Cambridge, Massachusetts, is a nonprofit organization that offers a unique living and learning environment for ten university students and staff. The organization provides a Christian-oriented living space, complete with a library and chapel, fostering spiritual growth and community. Beyond this, Elmbrook extends its services to an additional sixty students, offering instruction and opportunities to engage in service, aiming to shape them into committed professionals dedicated to serving others and society. Furthermore, Elmbrook mentors thirty university students and young professionals, while providing religious instruction to forty-five individuals, including students, professionals, and professors. Elmbrook's mission ultimately seeks to prepare its residents and participants to contribute positively to society.


Official website here: www.elmbrookcenter.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%

Elmbrook Inc has achieved a remarkable Four-Star out of Four Star rating due to its impressive score of 97% in the Accountability & Finance category. This high rating reflects the organization's commitment to transparency and responsible financial management. The score is derived from various factors, all of which demonstrate strong operational integrity.

The organization boasts a fully independent board with all 10 members meeting this criterion, ensuring that decisions are made without conflicts of interest. Elmbrook Inc also maintains robust policies regarding whistleblowing, conflict of interest, and document retention, all of which contribute to its strong governance. Additionally, the charity has a very favorable liabilities to assets ratio of 0.00%, indicating financial stability.

While the data highlights Elmbrook Inc's strengths in accountability and financial health, it is important for potential donors and stakeholders to consider the organization's overall impact and the specific programs it supports. Nonetheless, the solid performance in financial management provides a strong foundation for trust in its operations.


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

Is Elmbrook Inc legitimate?

Elmbrook Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elmbrook 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: $123,832

For more financial information, click here


Official website here: www.elmbrookcenter.org

What is the mission statement of Elmbrook Inc?

Elmbrook Inc's mission is centered around providing a nurturing environment for university students and staff. They operate a residence that fosters a Christian lifestyle, offering amenities such as a library and chapel. Beyond this, Elmbrook offers instructional and service opportunities to an extended group of students, aiming to prepare them for professional careers. The organization also engages in mentoring 30 university students and young professionals, and offers religious instruction to a broader community, including 45 university students, young professionals, and professors. In essence, Elmbrook Inc's mission is to support the personal and professional growth of its residents and affiliated students, while fostering a strong spiritual foundation.


Official website here: www.elmbrookcenter.org

What is the revenue of Elmbrook Inc?

Elmbrook Inc's revenue in 2024 was $433,041.


Official website here: www.elmbrookcenter.org

Who are the executives of Elmbrook Inc and what are their salaries?

The average compensation at Elmbrook Inc during 2024 was $41,277. There are 3 employees at Elmbrook Inc.

Here are 6 key members and their salaries:


Kevin Majeres (President)
  • Compensation: $0
  • Related: $0
  • Other: $36,000
Jeffrey Langan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $24,000
Martin J Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $12,000
Sergio Leos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Korenchan (Clerk And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Billmeier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.elmbrookcenter.org

Where can I find the form 990 for Elmbrook Inc?

Elmbrook Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.elmbrookcenter.org

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

Mission Statement of Elmbrook Inc

Elmbrook Inc, a nonprofit organization, serves as a residential hub for ten university students and staff, offering them a nurturing environment infused with Christian values. The residence is equipped with a library and a chapel, providing a conducive space for intellectual growth and spiritual reflection. Beyond accommodating these ten individuals, Elmbrook extends its services to an additional sixty students. Through instructional and service opportunities, Elmbrook aims to prepare these students to become dedicated professionals, committed to serving persons and society at large.

In addition to its residential and instructional services, Elmbrook also engages in mentorship programs, supporting thirty university students and young professionals. Moreover, the organization offers religious instruction to a group of forty-five individuals, including university students, young professionals, and professors. By providing these diverse educational and spiritual opportunities, Elmbrook Inc seeks to cultivate individuals who embody a strong sense of service and commitment to their professions and communities.

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Impact




July, 2024

Elmbrook Inc's impact can be seen in the transformative opportunities it provides for university students and staff. Through its residence, Elmbrook fosters a Christian living environment and offers educational and service opportunities to help students become dedicated professionals who serve society. By mentoring students and young professionals and providing religious instruction, Elmbrook contributes to the personal and professional growth of individuals within its community. The organization's dedication to nurturing individuals in a values-driven environment is evident in its mission to shape future leaders who will make a positive impact on society.




This information is meant to be a general summary of Elmbrook 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.

Revenue
$433,041 (2024)
Expenses
$352,581 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $200,191
  • Gross Receipts: $433,212

Assets and Liabilities:

  • Total Assets: $79,562
  • Total Liabilities: $0
  • Net Assets: $79,562

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Programs

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

Student Dinner Discussions

Revenue

$1,731

Room and Board

Revenue

$198,460

Organization Details

Founding Year

1997

Principal Officer

Kevin Majeres

NTEE Category

Code: Z99 - Unknown

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