Overview
What is Manning Section 202 Housing Corporation?
Manning Section 202 Housing Corporation is a dedicated nonprofit organization situated in Manning, Iowa. Their primary objective is to offer suitable housing facilities and services tailored to cater to the unique physical, social, and psychological needs of the elderly and handicapped individuals. By providing these specialized accommodations, the corporation aims to enrich the lives of those in need, ensuring a sense of community and well-being. The organization's activities and mission remain focused on this mission, ensuring that its beneficiaries receive the care and support they require.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72% (Two-Star out of Four Star Rating)
Manning Section 202 Housing Corporation has received a Two-Star rating from Charity Navigator, indicating a score of 72%. This score is derived solely from its Accountability & Finance metrics, which reflect how well the organization manages its resources and adheres to best practices in governance. The organization demonstrates strong accountability with a perfect score on independent board members, indicating a commitment to unbiased decision-making.
The organization shows a high program expense ratio of 91.81%, suggesting that a significant portion of its funding is directed toward its mission-related activities, which is a positive aspect. Additionally, it has no reported material diversions of assets, further showcasing its financial integrity. The presence of well-defined conflict of interest and document retention policies also reflects a good governance framework.
However, the organization faces challenges, particularly with a liabilities to assets ratio of 130.74%, which indicates it has more liabilities than assets. This could potentially impact its financial stability and future operations. Overall, while Manning Section 202 Housing Corporation exhibits strong governance practices, its financial health is a point of concern that prospective donors may want to consider.
This AI summary has been generated from information found on Charity Navigator.
Is Manning Section 202 Housing Corporation legitimate?
Manning Section 202 Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manning Section 202 Housing Corporation 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 Manning Section 202 Housing Corporation?
The Manning Section 202 Housing Corporation's mission is centered around providing specialized housing facilities and services for the elderly and handicapped individuals. This organization is committed to addressing the physical, social, and psychological needs of these individuals, ensuring they live in an environment that caters to their unique requirements. By providing such accommodations, the corporation aims to significantly improve the quality of life for these individuals, enabling them to lead fulfilling and independent lives.
Who is the CEO of Manning Section 202 Housing Corporation?
Kevin Boyle is the President of Manning Section 202 Housing Corporation.
What is the revenue of Manning Section 202 Housing Corporation?
Manning Section 202 Housing Corporation's revenue in 2023 was $31,257.
Who are the executives of Manning Section 202 Housing Corporation and what are their salaries?
There 6 volunteers at Manning Section 202 Housing Corporation.
Here are 3 key members and their salaries:
- 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 Manning Section 202 Housing Corporation?
Manning Section 202 Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Manning Section 202 Housing Corporation
Manning Section 202 Housing Corporation is dedicated to providing elderly and handicapped individuals with housing facilities and services tailored to meet their unique physical, social, and psychological needs. This nonprofit organization's mission is centered around creating an environment that caters to the specific requirements of these vulnerable groups, aiming to enhance their overall quality of life. By offering housing facilities and services that are specifically designed to address the needs of the elderly and handicapped, Manning Section 202 Housing Corporation seeks to promote their well-being, social interaction, and emotional stability.
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Impact
August, 2024
Manning Section 202 Housing Corporation's impact is significant in providing elderly and handicapped persons with housing facilities and services specially designed to meet their physical, social, and psychological needs. By focusing on serving these specific populations, the organization plays a crucial role in ensuring the well-being and quality of life for individuals who may face challenges in finding suitable housing options elsewhere. Through its mission to provide tailored housing solutions, Manning Section 202 Housing Corporation positively impacts the lives of its residents by creating a supportive and accommodating living environment that caters to their unique needs and enhances their overall quality of life.
This information is meant to be a general summary of Manning Section 202 Housing Corporation. 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: $129
- Program Service Revenue: $25,141
- Gross Receipts: $31,257
Assets and Liabilities:
- Total Assets: $693,900
- Total Liabilities: $907,230
- Net Assets: -$213,330
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$25,141
Organization Details
Founding Year
2010
Phone
(712) 655-2155Principal Officer
Kevin Boyle
Main Address
421 CENTER STREET PO BOX 223, MANNING, IA, 51455
NTEE Category
Code: L22 - Housing
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