Overview
What is Asbury Arms Inc?
Asbury Arms Inc is a church-affiliated, non-profit organization located at 80 W Lucerne Cir, Orlando, FL 32801. Established under the National Housing Act, the organization primarily focuses on providing housing solutions for low-income elderly citizens. This is achieved through Section 8 and 202 programs, which enable the operation of a 150-unit facility. Asbury Arms Inc's mission lies in its commitment to honor the dignity, rights, self-respect, and independence of each individual, while also striving for excellent residential facilities through a program of stewardship. The organization is dedicated to responsibly utilizing its resources for the betterment of older adults.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Asbury Arms Inc has achieved a commendable Four-Star rating from Charity Navigator, signifying a strong performance in accountability and finance. The organization scored 94%, reflecting its adherence to best practices in financial management and transparency. This rating is significant as it highlights the charity's commitment to responsible stewardship of donor funds.
The nonprofit boasts an independent board composed of 80% independent members, ensuring effective governance. Additionally, it has implemented robust policies, including those for conflict of interest, whistleblowing, and document retention, all of which received full scores. Furthermore, Asbury Arms Inc shows no material diversion of assets, reinforcing its reliability as a trustworthy organization.
Strengths in financial management are evident, with a program expense ratio of 100%, indicating that all expenditures are directed towards its mission. The organization also maintains a low liabilities to assets ratio of 4.70%, showcasing sound financial health. Overall, the data reflects a well-managed organization that prioritizes accountability and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Asbury Arms Inc legitimate?
Asbury Arms Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asbury Arms 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: $378,137
For more financial information, click here
What is the mission statement of Asbury Arms Inc?
Asbury Arms Inc, being a church-related, non-profit organization, is dedicated and committed to providing services for older adults. They achieve this by creating and preserving excellent residential facilities. The organization believes in and is committed to honoring each individual's dignity, rights, self-respect, and independence. Furthermore, Asbury Arms Inc is committed to a program of stewardship, recognizing the responsibility to use their resources wisely.
Who is the CEO of Asbury Arms Inc?
Henry Keith is the Chairman of Asbury Arms Inc.
What is the revenue of Asbury Arms Inc?
Asbury Arms Inc's revenue in 2022 was $1,300,143.
Who are the executives of Asbury Arms Inc and what are their salaries?
The average compensation at Asbury Arms Inc during 2022 was $25,209. There are 15 employees and 12 volunteers at Asbury Arms Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $627,004
- Other: $12,206
- Compensation: $0
- Related: $531,910
- Other: $14,869
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Asbury Arms Inc?
Asbury Arms Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Asbury Arms Inc
Asbury Arms Inc, a church-related non-profit organization, is dedicated and committed to providing services for older adults. Their mission is to create and preserve excellent residential facilities, where they honor each person's dignity, rights, self-respect, and independence. Asbury Arms Inc is deeply committed to a program of stewardship, recognizing the responsibility to use their resources wisely. This commitment ensures that they can continue to provide top-notch services for older adults, upholding their fundamental rights and fostering their independence.
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Impact
October, 2024
Asbury Arms Inc significantly impacts the community by providing quality housing options for low-income elderly citizens. By operating a 150-unit residential facility under the Section 8 and 202 programs, it addresses a critical need for affordable housing among older adults. The organization is dedicated to creating and preserving excellent living environments that honor the dignity, rights, and independence of each resident.
Asbury Arms Inc emphasizes stewardship and responsible resource management, which ensures that the facilities and services meet the needs of the community effectively. By fostering a supportive atmosphere, the organization not only provides shelter but also enhances the quality of life for seniors, promoting both independence and self-respect within a community that values their contributions.
This information is meant to be a general summary of Asbury Arms 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: -$2,949
- Program Service Revenue: $1,303,092
- Gross Receipts: $1,305,621
Assets and Liabilities:
- Total Assets: $3,210,237
- Total Liabilities: $144,125
- Net Assets: $3,066,112
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES/CONTRACTS FROM GOV AGENC
Revenue
$670,207
NET ROOM RENTAL
Revenue
$623,179
OTHER REVENUE
Revenue
$9,706
Organization Details
Founding Year
1969
Phone
(407) 839-0707Principal Officer
Henry Keith
Main Address
80 W LUCERNE CIR, ORLANDO, FL, 32801
NTEE Category
Code: L210 - Housing
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