Overview
What is Methodist Village Inc?
Methodist Village Inc, as per the provided information, is a nonprofit organization rooted in Fort Smith, Arkansas, with a mission inspired by Christian teachings and Methodist traditions. Their primary purpose is to support and uplift the elderly, recognizing their significant contributions to family and community. The organization's activities primarily involve community relations and fundraising efforts, with a focus on raising funds for the Life Plan Community Project. This project aims to enhance senior living facilities, furthering Methodist Village Inc's commitment to providing a high quality of life for its elderly residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Stars
Methodist Village Inc has received a low rating of 54%, indicating significant concerns regarding its accountability and financial management. While the organization excels in areas such as having a majority independent board and a solid conflict of interest policy, it struggles with financial transparency and program expenses. Specifically, the program expense ratio is reported at 0.00%, which raises questions about how funds are allocated towards the organization's mission.
The organization's leadership structure appears sound, with high scores in governance practices, including the presence of whistleblower and document retention policies. However, the liabilities to assets ratio is concerning at 14.96%, reflecting potential financial vulnerabilities that could impact its operations. The CEO's salary is listed at $155,147, but the lack of compensation for other key directors may warrant further investigation into the organization's financial practices.
Overall, while Methodist Village Inc demonstrates good governance practices, its financial performance and program spending raise red flags for potential donors and stakeholders. Individuals interested in supporting the organization should consider these factors and seek additional insights into its operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Methodist Village Inc legitimate?
Methodist Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Methodist Village 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: $6,534
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,755
For more financial information, click here
What is the mission statement of Methodist Village Inc?
Methodist Village Inc, in alignment with Christian teachings and the Methodist tradition, recognizes the significant contributions elderly individuals have made to families and communities. Holding high esteem for their wisdom and experience, the organization does not abandon them during their later years. In line with its mission, Methodist Village Inc supports community relations and fundraising efforts, with a focus on raising funds for the Life Plan Community Project, with the aim of enhancing senior living services.
Who is the CEO of Methodist Village Inc?
Melissa Curry is the Director of Methodist Village Inc. The CEO's salary of Methodist Village Inc is $6,206 and their total compensation is $163,344.
What is the revenue of Methodist Village Inc?
Methodist Village Inc's revenue in 2023 was $161,551.
Who are the executives of Methodist Village Inc and what are their salaries?
Here are 5 key members and their salaries (Methodist Village Inc's CEO's salary is $6,206 and their total compensation is $163,344):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $6,206
- Related: $148,941
- Other: $8,197
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Methodist Village Inc?
Methodist Village Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Methodist Village Inc
Methodist Village Inc, guided by Christian teachings and the Methodist tradition, holds seniors in high regard. Recognizing their significant contributions to family and community throughout their lives, this nonprofit organization strives to ensure they are not neglected in their golden years. Methodist Village Inc supports various community relations and fundraising initiatives, with a primary focus on raising funds for the Life Plan Community Project. This project aims to enhance the living experiences of senior citizens, reflecting the organization's commitment to honoring their wisdom and experience.
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Impact
October, 2024
Methodist Village Inc fosters a nurturing environment that honors the contributions of older adults to family and community life. By supporting community relations and fundraising efforts, it plays a crucial role in enhancing the quality of life for seniors in Fort Smith, Arkansas. Its initiatives are focused on raising funds to support the Life Plan Community Project, which provides comprehensive housing options tailored to the needs of seniors.
In alignment with Christian teachings and the traditions of Methodism, Methodist Village Inc recognizes and values the wisdom and experience of the aging population, ensuring that these individuals are respected and supported throughout their later years. This commitment not only uplifts the seniors directly involved but also enriches the broader community by fostering intergenerational interactions and mutual support. The impact of their efforts is profound, as it contributes to a more inclusive society that acknowledges the importance of all its members, especially those who have significant life experiences to share.
This information is meant to be a general summary of Methodist Village 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: $1,777
- Gross Receipts: $215,987
Assets and Liabilities:
- Total Assets: $3,187,425
- Total Liabilities: $477,116
- Net Assets: $2,710,309
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Organization Details
Founding Year
1973
Phone
(479) 452-1611Principal Officer
Melissa Curry
Main Address
7811 EUPER LANE, FORT SMITH, AR, 72903
NTEE Category
Code: L22Z - Housing
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