nonprofit logo

Dgn Iii Inc

Douglas Gardens North Tower Iii

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273293469 ✦ Miami, FL ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

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):


Jeffrey Freimark (President/Ceo)
  • Compensation: $0
  • Related: $1,500,039
  • Other: $20,552
Richard Skelly (Former Cfo)
  • Compensation: $0
  • Related: $333,333
  • Other: $0
Michael Durr (Treasurer/Cfo)
  • Compensation: $0
  • Related: $297,435
  • Other: $21,498
Leslie Torres (Secretary)
  • Compensation: $0
  • Related: $91,200
  • Other: $8,232
Ronald Fieldstone (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Lefton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Maya (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Rosenblatt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elliot Sklar Phd (Director)
  • 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.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

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.

Revenue
$976,051 (2022)
Expenses
$943,925 (2022)
Efficiency

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

Want to help this charity, for free? You can click here to learn more about Give Freely

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

Principal Officer

Jeffrey Freimark

Main Address

5200 NE 2ND AVENUE, MIAMI, FL, 33137

NTEE Category

Code: L22 - Housing

If you are a representative of Dgn Iii Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.