Overview
What is Metropolitan Detroit Baptist Manor Inc A Non-Profit Housing Corporation?
Metropolitan Detroit Baptist Manor Inc, a non-profit organization situated in Farmington Hills, Michigan, is committed to providing affordable housing for the elderly. Established homes in southeastern Michigan serve as shelters for these senior residents, ensuring they live in comfortable surroundings, fostering a sense of community and companionship. The organization operates within a Christian environment, providing elderly residents with a supportive living space. Their primary mission is to offer low-income housing solutions to the elderly population in the area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, earning a Two-Star out of Four Star rating. This rating indicates that Metropolitan Detroit Baptist Manor Inc A Non-Profit Housing Corporation has room for improvement in certain areas of accountability and transparency. While the organization demonstrates a solid program expense ratio of 80.90%, which suggests effective allocation of funds towards its mission, there are concerns regarding its governance structure and reporting practices.
One significant strength is the organization's financial statements, which receive a full score for being audited, indicating a commitment to financial integrity. Additionally, it has established essential policies such as conflict of interest and whistleblower protection. However, with only 33% of board members being independent, the organization may face challenges in ensuring diverse perspectives in decision-making.
Limitations noted include the absence of documented board meeting minutes and missing tax forms on the nonprofit's website, which detracts from transparency efforts. The liabilities to assets ratio of 64.26% indicates that the organization has significant financial obligations relative to its assets, which could pose a risk if not managed properly. Overall, while Metropolitan Detroit Baptist Manor shows dedication to its mission, it must address governance and transparency issues to improve its overall rating and trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Metropolitan Detroit Baptist Manor Inc A Non-Profit Housing Corporation legitimate?
Metropolitan Detroit Baptist Manor Inc A Non-Profit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan Detroit Baptist Manor Inc A Non-Profit Housing 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: $81,393
Professional Fundraising Fees: $0
Other Salaries and Wages: $416,398
For more financial information, click here
What is the mission statement of Metropolitan Detroit Baptist Manor Inc A Non-Profit Housing Corporation?
Metropolitan Detroit Baptist Manor Inc, a non-profit housing corporation, is committed to providing low-income housing for the elderly. Through its operations, the organization ensures that elderly residents live in comfortable environments, surrounded by companionship and within a community of like-minded individuals. The corporation's mission is centered around caring for the elderly, offering them a home where they can age with dignity and support. By establishing and managing homes in southeastern Michigan, Metropolitan Detroit Baptist Manor Inc seeks to create a welcoming environment for its elderly residents, fostering an atmosphere of Christian values.
Who is the CEO of Metropolitan Detroit Baptist Manor Inc A Non-Profit Housing Corporation?
Elizabeth Goleski is the Treasurer of Metropolitan Detroit Baptist Manor Inc A Non-Profit Housing Corporation. The CEO's salary of Metropolitan Detroit Baptist Manor Inc A Non-Profit Housing Corporation is $0 and their total compensation is $255,367.
What is the revenue of Metropolitan Detroit Baptist Manor Inc A Non-Profit Housing Corporation?
Metropolitan Detroit Baptist Manor Inc A Non-Profit Housing Corporation's revenue in 2022 was $1,742,775.
Who are the executives of Metropolitan Detroit Baptist Manor Inc A Non-Profit Housing Corporation and what are their salaries?
There 2 volunteers at Metropolitan Detroit Baptist Manor Inc A Non-Profit Housing Corporation.
Here are 7 key members and their salaries (Metropolitan Detroit Baptist Manor Inc A Non-Profit Housing Corporation's CEO's salary is $0 and their total compensation is $255,367):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $242,405
- Other: $12,962
- Compensation: $0
- Related: $87,641
- Other: $19,592
- Compensation: $0
- Related: $166,796
- Other: $20,580
- Compensation: $0
- Related: $107,982
- Other: $18,507
Where can I find the form 990 for Metropolitan Detroit Baptist Manor Inc A Non-Profit Housing Corporation?
Metropolitan Detroit Baptist Manor Inc A Non-Profit Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Metropolitan Detroit Baptist Manor Inc A Non-Profit Housing Corporation
Metropolitan Detroit Baptist Manor Inc, a non-profit housing corporation, is committed to providing low-income housing for the elderly. This organization sets up and manages homes in southeastern Michigan, ensuring that the elderly residents live in comfortable surroundings. The environment is designed to foster companionship and a sense of community among Christian individuals. The mission of Metropolitan Detroit Baptist Manor Inc is to care for the elderly, providing them with a safe and nurturing living space.
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Impact
October, 2024
Metropolitan Detroit Baptist Manor Inc plays a vital role in enhancing the quality of life for elderly residents by providing low-income housing solutions in southeastern Michigan. This organization creates comfortable living environments where seniors can thrive, surrounded by companionship and support from a community that shares their values. By fostering a sense of belonging and ensuring access to necessary care, Metropolitan Detroit Baptist Manor significantly alleviates the challenges faced by low-income elderly individuals, contributing to their overall well-being and stability in a nurturing atmosphere. Located in Farmington Hills, it stands as a beacon of hope and assistance for those in need, embodying a commitment to both service and community.
This information is meant to be a general summary of Metropolitan Detroit Baptist Manor Inc A Non-Profit Housing 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $773
- Program Service Revenue: $1,739,887
- Gross Receipts: $1,742,775
Assets and Liabilities:
- Total Assets: $1,790,981
- Total Liabilities: $1,150,980
- Net Assets: $640,001
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,722,893
RESIDENT & PATIENT SER
Revenue
$16,994
Organization Details
Founding Year
1970
Phone
(248) 626-6100Principal Officer
Elizabeth Goleski
Main Address
30301 WEST THIRTEEN MILE ROAD, FARMINGTON HILLS, MI, 48334
NTEE Category
Code: P75Z - Human services
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