Overview
What is Dgn Iii Inc?
Dgn Iiii Inc, based in Miami, Florida, is a nonprofit organization that operates a 75-unit apartment complex specifically designed for low-income elderly individuals. Their mission is to cater to the physical, social, and psychological needs of seniors, promoting their health, security, happiness, and overall well-being. The complex, named Douglas Gardens North Tower III, provides subsidized housing and essential services, ensuring a comfortable living environment for its residents.
Official website here: www.miamijewishhealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
Dgn Iii Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths in accountability and transparency, there are significant areas for improvement. The organization scored well in several metrics, particularly in its program expense ratio and financial oversight measures, indicating a focus on programmatic effectiveness and proper governance.
However, the organization has notable weaknesses, especially concerning its board independence, where it scored zero points for having a majority of independent board members. Additionally, the liabilities to assets ratio received a score of zero, which raises concerns about the organization's financial stability. While the nonprofit has solid policies in place, such as a conflict of interest and whistleblower policy, the lack of transparency regarding its tax form on its website is another area that may impact public trust.
Overall, Dgn Iii Inc presents a mixed picture with commendable elements in governance and program spending but faces challenges that need to be addressed to enhance its credibility and operational effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Dgn Iii Inc legitimate?
Dgn Iii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dgn Iii 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: $0
For more financial information, click here
Official website here: www.miamijewishhealth.org
What is the mission statement of Dgn Iii Inc?
Dgn Iiii Inc's mission is centered around providing housing and services for elderly individuals with specific considerations for their physical, social, and psychological needs. The organization aims to enhance their residents' health, security, happiness, and productivity in their later years. By operating a multi-family apartment complex, Dgn Iiii Inc offers subsidized housing to low-income elderly persons, promoting an environment that supports their overall well-being.
Official website here: www.miamijewishhealth.org
Who is the CEO of Dgn Iii Inc?
Jeffrey Freimark is the President/Ceo of Dgn Iii Inc. The CEO's salary of Dgn Iii Inc is $0 and their total compensation is $1,520,591.
Official website here: www.miamijewishhealth.org
What is the revenue of Dgn Iii Inc?
Dgn Iii Inc's revenue in 2022 was $976,051.
Official website here: www.miamijewishhealth.org
Who are the executives of Dgn Iii Inc and what are their salaries?
There 5 volunteers at Dgn Iii Inc.
Here are 9 key members and their salaries (Dgn Iii Inc's CEO's salary is $0 and their total compensation is $1,520,591):
- Compensation: $0
- Related: $1,500,039
- Other: $20,552
- Compensation: $0
- Related: $333,333
- Other: $0
- Compensation: $0
- Related: $297,435
- Other: $21,498
- Compensation: $0
- Related: $91,200
- Other: $8,232
- 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
Official website here: www.miamijewishhealth.org
Where can I find the form 990 for Dgn Iii Inc?
Dgn Iii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.miamijewishhealth.org
Learn more at the official website: www.miamijewishhealth.org
Mission Statement of Dgn Iii Inc
Dgn III Inc, a nonprofit organization, is dedicated to providing elderly individuals with specialized housing facilities and services that cater to their physical, social, and psychological needs. The mission of Dgn III Inc is to promote the health, security, happiness, and usefulness of elderly persons, enabling them to enjoy a higher quality of life in their later years. By operating a 75-unit multi-family apartment complex, Dgn III Inc offers subsidized housing to low-income elderly residents, ensuring they have a secure and comfortable living environment. The organization's commitment to the well-being of its residents extends beyond housing, as it strives to enhance their overall quality of life through its services.
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Impact
October, 2024
Dgn III Inc operates a 75-unit multi-family apartment complex in Pembroke Pines, Florida, dedicated to providing subsidized housing for low-income elderly individuals. This initiative directly addresses housing insecurity among seniors, a demographic often facing financial challenges and limited access to suitable living arrangements.
By offering affordable housing options, Dgn III Inc not only fulfills a critical need but also enhances the quality of life for its residents. The complex is designed to cater to the physical, social, and psychological needs of elderly persons, promoting their health, security, and overall well-being. The services provided help ensure that residents can live with dignity and support, enhancing their happiness and sense of community.
Furthermore, this operation contributes to the larger social fabric by fostering environments where elderly individuals can engage, connect, and feel useful, thus supporting their mental and emotional health. Dgn III Inc’s commitment to these values makes a significant impact in the lives of the elderly in South Florida, empowering them to enjoy longer, more fulfilling lives.
This information is meant to be a general summary of Dgn Iii 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: $48
- Program Service Revenue: $273,530
- Gross Receipts: $976,051
Assets and Liabilities:
- Total Assets: $8,387,704
- Total Liabilities: $8,331,841
- Net Assets: $55,863
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL RENTAL REVENUE
Revenue
$262,384
OTHER RESIDENT REVENUE
Revenue
$11,146
Organization Details
Founding Year
2010
Phone
(305) 751-8626Principal Officer
Jeffrey Freimark
Main Address
5200 NE 2ND AVENUE, MIAMI, FL, 33137
Website
www.miamijewishhealth.orgNTEE Category
Code: L22 - Housing
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