Overview
What is Good Shepherd Gardens Inc?
Good Shepherd Gardens Inc is a nonprofit organization situated in Winston-Salem, North Carolina. Their primary focus is providing housing for low-income elderly individuals. They operate an 18-unit apartment complex in compliance with Section 202 of the U.S. Housing Act of 1959. This mission extends to offering a supportive living environment for this specific demographic.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Good Shepherd Gardens Inc has achieved an overall score of 80%, reflecting a solid performance in the Accountability and Finance category. This rating is primarily derived from their strong governance practices, including a fully independent board and a clear conflict of interest policy. The organization has also demonstrated effective financial management, with a low liabilities-to-assets ratio and a high program expense ratio, indicating that a significant portion of their resources is directed towards their mission-driven activities.
The organization’s strengths lie in its governance and fiscal responsibility. With a fully independent board consisting of five members, Good Shepherd Gardens Inc shows a commitment to transparency and accountability. Their practices, such as documenting board meeting minutes and having no material diversion of assets, further reinforce their dedication to ethical management.
However, the rating is based solely on the Accountability & Finance beacon, which means there may be less emphasis on other performance areas such as program impact or community engagement. While their financial practices are commendable, potential donors and stakeholders may wish to seek additional information regarding the organization's effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Good Shepherd Gardens Inc legitimate?
Good Shepherd Gardens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good Shepherd Gardens 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
What is the mission statement of Good Shepherd Gardens Inc?
Good Shepherd Gardens Inc is committed to providing housing for low-income elderly residents. This mission is fulfilled through the operation of an 18-unit apartment complex, which is made available under Section 202 of the U.S. Housing Act of 1959. The organization's primary goal is to offer a residential space for elderly individuals with limited income, ensuring they have a suitable living environment. Good Shepherd Gardens Inc strives to promote an inclusive and supportive community for its elderly residents, aiming to enhance their quality of life.
Who is the CEO of Good Shepherd Gardens Inc?
Gerard A Carter is the President of Good Shepherd Gardens Inc.
What is the revenue of Good Shepherd Gardens Inc?
Good Shepherd Gardens Inc's revenue in 2022 was $153,163.
Who are the executives of Good Shepherd Gardens Inc and what are their salaries?
There 5 volunteers at Good Shepherd Gardens Inc.
Here are 5 key members and their salaries:
- 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
Where can I find the form 990 for Good Shepherd Gardens Inc?
Good Shepherd Gardens Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Good Shepherd Gardens Inc
Good Shepherd Gardens Inc is dedicated to providing housing solutions for low-income elderly residents. With a mission that extends beyond just offering a place to live, this nonprofit organization operates an 18-unit apartment complex under Section 202 of the U.S. Housing Act of 1959. This act is designed to promote affordable housing options for elderly individuals, and Good Shepherd Gardens Inc plays a significant role in achieving this goal. The organization's commitment to its mission is evident in the services it provides, ensuring that the elderly residents have a safe, comfortable, and supportive living environment. Good Shepherd Gardens Inc goes beyond mere housing, offering a home to those in need, thereby contributing to a sense of community and well-being among its residents.
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
Good Shepherd Gardens Inc significantly impacts the community by providing stable and affordable housing for low-income elderly residents. Operating an 18-unit apartment complex in Winston-Salem, NC, it ensures that vulnerable seniors have access to safe and supportive living environments. This initiative not only addresses housing needs but also fosters a sense of community among residents. By focusing on the well-being of low-income elderly individuals, Good Shepherd Gardens contributes to their dignity, autonomy, and overall quality of life, helping to alleviate some of the challenges associated with aging in financially strained circumstances. Through its commitment to housing under Section 202 of the U.S. Housing Act of 1959, the organization plays a vital role in enhancing the livability and inclusivity of the community for seniors.
This information is meant to be a general summary of Good Shepherd Gardens 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: $7
- Program Service Revenue: $75,174
- Gross Receipts: $153,163
Assets and Liabilities:
- Total Assets: $2,098,339
- Total Liabilities: $22,393
- Net Assets: $2,075,946
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.
TENANT RENTAL PAYMENTS
Revenue
$73,774
MISCELLANEOUS RENT REV
Revenue
$1,400
Organization Details
Founding Year
2010
Phone
(336) 765-3906Principal Officer
Gerard A Carter
Main Address
2585 W CLEMMONSVILLE RD SUITE 10, WINSTONSALEM, NC, 27127
NTEE Category
Code: L22 - Housing
If you are a representative of Good Shepherd Gardens 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.