Overview
What is Dock Manor Inc?
Dock Manor Inc is a nonprofit organization situated in Lansdale, Pennsylvania. Their primary mission is to offer affordable housing to seniors and qualified individuals, adhering to the Mennonite tradition of care and service to others. The organization operates a two-story building housing 100 apartments, under the auspices of the HUD Section 202 program. For the fiscal year ending June 30, 2022, the average occupancy stood at 95%, serving a total of 120 residents during the year. The facility's commendable performance boasts an impressive 95% occupancy rate, ensuring a home for numerous elderly individuals.
Official website here: www.livingbranches.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Dock Manor Inc has received an 81% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization excels in areas such as having a fully independent board, an effective audit and oversight committee, and strong policies in place for conflict of interest and whistleblower protections. Additionally, they maintain a high program expense ratio of 82.98%, demonstrating a commitment to utilizing resources efficiently for their mission.
However, there are some concerns regarding the organization's financial health, specifically reflected in their liabilities to assets ratio of 109.35%. This figure suggests that the organization may have more liabilities than assets, which could pose challenges for sustainability in the long term. While their commitment to transparency and governance is commendable, addressing financial stability will be crucial for their continued effectiveness.
Overall, Dock Manor Inc shows a positive track record in governance and program effectiveness, but it must focus on rectifying its financial liabilities to ensure future operational health.
This AI summary has been generated from information found on Charity Navigator.
Is Dock Manor Inc legitimate?
Dock Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dock 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: $208,234
For more financial information, click here
Official website here: www.livingbranches.org
What is the mission statement of Dock Manor Inc?
Dock Manor Inc's mission, guided by the Mennonite tradition of care and service, is to empower older adults and their families to lead fulfilling lives filled with purpose and joy. Their primary activity is to provide low-income housing for retirees, the elderly, and qualified individuals. Under the HUD Section 202 program, they manage a two-story building with 100 subsidized apartments, striving to maintain an average occupancy rate of 95%, serving around 120 residents annually.
Official website here: www.livingbranches.org
Who is the CEO of Dock Manor Inc?
Edward D Brubaker is the President & Ceo of Dock Manor Inc. The CEO's salary of Dock Manor Inc is $0 and their total compensation is $361,870.
Official website here: www.livingbranches.org
What is the revenue of Dock Manor Inc?
Dock Manor Inc's revenue in 2022 was $1,223,810.
Official website here: www.livingbranches.org
Who are the executives of Dock Manor Inc and what are their salaries?
The average compensation at Dock Manor Inc during 2022 was $26,029. There are 8 employees and 37 volunteers at Dock Manor Inc.
Here are 15 key members and their salaries (Dock Manor Inc's CEO's salary is $0 and their total compensation is $361,870):
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- Related: $315,592
- Other: $46,278
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- Related: $209,641
- Other: $30,798
- Compensation: $0
- Related: $104,278
- Other: $21,530
Official website here: www.livingbranches.org
Where can I find the form 990 for Dock Manor Inc?
Dock Manor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.livingbranches.org
Learn more at the official website: www.livingbranches.org
Mission Statement of Dock Manor Inc
Dock Manor Inc, a nonprofit organization, is committed to empowering older adults and families, guided by the Mennonite tradition of care and service to others. Their mission is to provide a living environment that allows low-income retired persons, the elderly, and qualified individuals to lead fulfilling lives filled with purpose and joy. The organization achieves this by offering subsidized housing, ensuring that those in need have a comfortable place to call home. Dock Manor Inc, operating under the HUD Section 202 program, provides 100 apartments arranged in a two-story building. The organization served a total of 120 residents during the fiscal year ending June 30, 2022, maintaining an average occupancy rate of 95%. The mission of Dock Manor Inc is a testament to their dedication to supporting the elderly and low-income individuals, providing them with a sense of comfort, security, and community.
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Impact
October, 2024
Dock Manor Inc significantly enhances the quality of life for low-income retired individuals, the elderly, and other qualified residents in Lansdale, PA. By providing 100 comfortable, subsidized apartments within a two-story building, Dock Manor ensures that seniors have access to secure and affordable housing. With an average occupancy of 95% for the fiscal year ending June 30, 2022, Dock Manor served a total of 120 residents, demonstrating its vital role in the community.
The organization operates under the HUD Section 202 Program, which specifically caters to the housing needs of older adults. Dock Manor Inc embraces a mission centered on empowerment and purposeful living, guided by the Mennonite tradition of caring for others. This commitment fosters a supportive environment where residents can lead fulfilling lives amidst a community of peers. Overall, Dock Manor Inc plays a crucial role in alleviating housing insecurity for vulnerable populations, allowing them to age with dignity and joy.
This information is meant to be a general summary of Dock 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: $2,271
- Program Service Revenue: $1,152,096
- Gross Receipts: $1,223,810
Assets and Liabilities:
- Total Assets: $3,199,639
- Total Liabilities: $3,733,480
- Net Assets: -$533,841
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$1,152,096
Organization Details
Founding Year
1979
Phone
(215) 368-4438Principal Officer
Edward D Brubaker
Main Address
275 DOCK DRIVE, LANSDALE, PA, 19446
Website
www.livingbranches.orgNTEE Category
Code: L21Z - Housing
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