Overview
What is Abilities At Morningside Ii Inc?
Abilities At Morningside II Inc is a nonprofit organization situated in Clearwater, Florida. Their primary mission is to offer affordable housing solutions to individuals with severe physical disabilities who fall under the category of low-income earners. The organization achieves this by renting out rehabilitated housing facilities, ensuring that those in need have suitable living spaces to call home. By providing such housing, Abilities At Morningside II Inc aims to contribute positively to the lives of individuals with disabilities, empowering them to live independently and with dignity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Abilities At Morningside Ii Inc has received a 79% score from Charity Navigator, indicating a solid level of accountability and finance management. The score is derived entirely from the Accountability & Finance beacon, demonstrating the organization's commitment to transparency and responsible financial practices. This rating reflects positively on the charity's operational integrity.
The organization has a fully independent board, with 75% of its members being independent, which is a significant strength. Additionally, Abilities At Morningside II has no reported material diversion of assets, and it maintains comprehensive policies for conflict of interest, whistleblower protection, and document retention. These factors contribute to a trustworthy governance structure.
However, while the program expense ratio stands at an impressive 81.06%, some may find the salaries of key personnel notably high, with the CEO earning $570,603. This aspect can raise questions about executive compensation in relation to the organization's mission and services. Overall, the charity showcases a strong commitment to its accountability measures, despite some concerns over salary levels.
This AI summary has been generated from information found on Charity Navigator.
Is Abilities At Morningside Ii Inc legitimate?
Abilities At Morningside Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abilities At Morningside 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: $20,616
For more financial information, click here
What is the mission statement of Abilities At Morningside Ii Inc?
Abilities At Morningside II Inc is committed to providing low-income housing for individuals with severe disabilities. The organization's primary mission is to rehabilitate housing facilities and make them accessible for individuals with physical impairments who fall under the category of low income. By doing so, Abilities At Morningside II Inc aims to contribute positively to the living conditions of these individuals, offering them a suitable place to call home. The organization's activities primarily focus on accommodating individuals with severe disabilities and ensuring they have access to affordable housing.
Who is the CEO of Abilities At Morningside Ii Inc?
Bruce Patterson is the Chief Executive Officer of Abilities At Morningside Ii Inc. The CEO's salary of Abilities At Morningside Ii Inc is $0 and their total compensation is $575,778.
What is the revenue of Abilities At Morningside Ii Inc?
Abilities At Morningside Ii Inc's revenue in 2022 was $64,065.
Who are the executives of Abilities At Morningside Ii Inc and what are their salaries?
There 9 volunteers at Abilities At Morningside Ii Inc.
Here are 14 key members and their salaries (Abilities At Morningside Ii Inc's CEO's salary is $0 and their total compensation is $575,778):
- Compensation: $0
- Related: $154,906
- Other: $28,831
- Compensation: $0
- Related: $112,683
- Other: $19,924
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $535,873
- Other: $39,905
- Compensation: $0
- Related: $446,163
- Other: $37,962
- Compensation: $0
- Related: $329,708
- Other: $16,797
Where can I find the form 990 for Abilities At Morningside Ii Inc?
Abilities At Morningside Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Abilities At Morningside Ii Inc
Abilities at Morningside II Inc, a nonprofit organization, is committed to providing low-income housing for individuals with severe disabilities. Their mission is to rehabilitate housing facilities and make them accessible for individuals who are classified as low income and are living with severe physical impairments. By doing so, Abilities at Morningside II Inc aims to offer a safe and comfortable living environment for these individuals, enabling them to lead a more independent and inclusive life. The organization's mission is an essential contribution to the community, ensuring that individuals with disabilities have the necessary support to live with dignity and independence.
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Impact
August, 2024
Abilities At Morningside II Inc's impact is significant as it provides crucial low-income housing for individuals with severe disabilities. By renting rehabilitated housing facilities to those classified as low income and living with physical disabilities, the organization offers a much-needed support system for a vulnerable population. Their mission to provide housing for individuals with severe disabilities in the city of Clearwater, Florida, contributes directly to improving the quality of life and ensuring access to suitable accommodation for those who face significant challenges. The work of Abilities At Morningside II Inc plays a vital role in creating a more inclusive and supportive community for individuals with disabilities.
This information is meant to be a general summary of Abilities At Morningside 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 2022.
- Investment Income: $15
- Program Service Revenue: $64,050
- Gross Receipts: $64,065
Assets and Liabilities:
- Total Assets: $976,210
- Total Liabilities: $1,269,683
- Net Assets: -$293,473
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE
Revenue
$46,716
RENT INCOME
Revenue
$17,334
Organization Details
Founding Year
2010
Phone
(727) 538-7370Principal Officer
Bruce Patterson
Main Address
2735 WHITNEY ROAD, CLEARWATER, FL, 33760
NTEE Category
Code: L20 - Housing
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