Overview
What is Philip Murray House Ii Inc?
Philip Murray House II Inc, located in Bay Harbor Islands, Florida, is a dedicated nonprofit organization. Its primary objective is to provide and manage affordable housing for individuals with limited income. This public housing facility serves as a crucial resource for the community, committed to offering comfortable living spaces for those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Star rating)
Philip Murray House II Inc has received a low rating of 52%, indicating significant concerns regarding its accountability and financial practices. The organization scored poorly on several governance measures, including the absence of independent board members and a lack of essential policies such as conflict of interest and whistleblower protections. These deficiencies suggest a need for improved oversight and governance structures to better protect the interests of the organization and its stakeholders.
On a more positive note, the organization demonstrated strong performance in areas related to financial statements, specifically in audit and oversight. The program expense ratio is favorable, indicating that a substantial portion of its funds is directed towards programs. However, the overall lack of transparency and poor governance practices overshadow these strengths, leaving potential donors with questions about the management of their contributions.
In summary, while Philip Murray House II Inc shows some strengths in its program funding, the significant weaknesses in governance and accountability raise red flags. Potential supporters should carefully consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Philip Murray House Ii Inc legitimate?
Philip Murray House Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philip Murray House 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: $203,622
For more financial information, click here
What is the mission statement of Philip Murray House Ii Inc?
Philip Murray House II Inc. is committed to operating low-income housing. The organization's primary goal is to provide suitable living spaces for individuals with limited financial resources. By operating these facilities, Philip Murray House II Inc. aims to contribute to an inclusive housing landscape, ensuring that everyone has access to a place they can call home, regardless of their income level. The organization's activities are focused on maintaining and managing these housing units, ensuring they meet the necessary standards of living and safety. The mission of Philip Murray House II Inc. is centered around promoting affordable housing opportunities and fostering a sense of community among its residents.
Who is the CEO of Philip Murray House Ii Inc?
Jeffrey A Gidney is the President of Philip Murray House Ii Inc.
What is the revenue of Philip Murray House Ii Inc?
Philip Murray House Ii Inc's revenue in 2023 was $716,481.
Who are the executives of Philip Murray House Ii Inc and what are their salaries?
The average compensation at Philip Murray House Ii Inc during 2023 was $9,696. There are 21 employees at Philip Murray House Ii Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Philip Murray House Ii Inc?
Philip Murray House Ii Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Philip Murray House Ii Inc
Philip Murray House II Inc, as a nonprofit organization, is dedicated to the operation of low-income housing. This mission is carried out with the primary goal of providing suitable living spaces for individuals who fall under this income bracket. The organization's focus is on ensuring that individuals in need have access to safe and affordable housing, thereby contributing to their overall well-being. By operating low-income housing, Philip Murray House II Inc plays a significant role in promoting social equity and ensuring that everyone, regardless of their financial situation, has the basic necessity of a home.
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Impact
October, 2024
Philip Murray House II Inc plays a vital role in the community by providing low-income housing in Bay Harbor Islands, FL. Its impact can be seen through its commitment to offering a stable and affordable living environment for individuals and families who may otherwise struggle to find suitable housing. By ensuring access to essential housing resources, the facility helps to alleviate housing insecurity, contributing to improved quality of life for its residents. This support fosters a sense of community, stability, and well-being, which is crucial for personal and social development. Additionally, by operating within the framework of public housing, Philip Murray House II Inc helps to promote inclusivity and social equity, playing a significant part in addressing broader economic disparities in the area.
This information is meant to be a general summary of Philip Murray House 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 2023.
- Investment Income: $746
- Program Service Revenue: $266,390
- Gross Receipts: $716,481
Assets and Liabilities:
- Total Assets: $6,273,061
- Total Liabilities: $8,769,816
- Net Assets: -$2,496,755
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$261,409
OTHER
Revenue
$4,981
Organization Details
Phone
(305) 534-8241Principal Officer
Jeffrey A Gidney
Main Address
1135 KANE CONCOURSE 5TH FLOOR, BAY HARBOR ISLANDS, FL, 33154
NTEE Category
Code: P75 - Human services
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