Overview
What is Rose Michael Gardens Nfp?
Rose Michael Gardens Nfp is a nonprofit organization situated in Fort Madison, Iowa. Their primary mission is to construct, finance, lease, own, and operate an apartment community, specifically catering to elderly individuals with extremely low income levels. This community provides affordable housing, ensuring that elderly people in need have a comfortable living space. The organization's programs are dedicated to supporting seniors with limited financial resources, contributing to their overall well-being.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Rose Michael Gardens Nfp has achieved a 76% rating from Charity Navigator, reflecting a solid level of accountability and financial health. The overall score is based solely on the Accountability & Finance beacon, where the organization has demonstrated strengths in areas such as having a fully independent board and effectively managing its assets without material diversion.
The charity's board composition is commendable, with all members being independent, thus ensuring unbiased governance. Additionally, the organization maintains a high program expense ratio of 71.69%, indicating a focus on its mission-driven activities. However, the absence of key policies such as a conflict of interest policy and whistleblower policy is a notable limitation that could affect transparency and governance.
Overall, while Rose Michael Gardens Nfp shows strong financial management and accountability practices, the missing policies highlight areas for improvement to enhance its operational integrity and stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Rose Michael Gardens Nfp legitimate?
Rose Michael Gardens Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rose Michael Gardens Nfp 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: $17,064
For more financial information, click here
Official website here: www.none
What is the mission statement of Rose Michael Gardens Nfp?
The mission of Rose Michael Gardens Nfp, as a non-profit organization, is dedicated to constructing, financing, leasing, owning, and operating an apartment community. This community is specifically designed for elderly individuals who fall under the category of having very low income levels. The primary objective of Rose Michael Gardens Nfp is to provide affordable housing solutions for this demographic, thereby contributing to their well-being and ensuring they have a suitable living environment. The organization's programs primarily focus on offering low-income housing solutions for senior citizens.
Official website here: www.none
Who is the CEO of Rose Michael Gardens Nfp?
Michael Drew is the President of Rose Michael Gardens Nfp.
Official website here: www.none
What is the revenue of Rose Michael Gardens Nfp?
Rose Michael Gardens Nfp's revenue in 2023 was $135,776.
Official website here: www.none
Who are the executives of Rose Michael Gardens Nfp and what are their salaries?
The average compensation at Rose Michael Gardens Nfp during 2023 was $5,688. There are 3 employees at Rose Michael Gardens Nfp.
Here are 5 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Rose Michael Gardens Nfp
Rose Michael Gardens Nfp is committed to serving elderly individuals with very low income levels. Their mission, in simple terms, is to construct, finance, manage, and operate an apartment community. This community is designed to provide affordable housing solutions for these elderly individuals, ensuring they have a safe and comfortable living space. By doing so, Rose Michael Gardens Nfp aims to contribute positively to the well-being and quality of life of its residents.
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Impact
October, 2024
Rose Michael Gardens Nfp plays a crucial role in addressing the housing needs of elderly individuals with very low income levels in Fort Madison, Iowa. By constructing, financing, leasing, owning, and operating an apartment community specifically designed for seniors, it provides a safe and secure living environment where residents can thrive.
The organization not only helps to alleviate housing instability for vulnerable populations but also fosters a sense of community among its residents. By offering affordable housing options, it enhances the quality of life for elderly individuals, ensuring they have access to essential services and social support systems. Ultimately, Rose Michael Gardens Nfp significantly impacts the lives of low-income seniors by promoting dignity, independence, and improved well-being.
This information is meant to be a general summary of Rose Michael Gardens Nfp. 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: $823
- Program Service Revenue: $132,974
- Gross Receipts: $135,776
Assets and Liabilities:
- Total Assets: $1,513,803
- Total Liabilities: $14,232
- Net Assets: $1,499,571
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYM
Revenue
$78,653
TENANT RENT
Revenue
$54,321
Organization Details
Founding Year
2010
Phone
(217) 223-7904Principal Officer
Michael Drew
Main Address
639 YORK STREET, QUINCY, IL, 62301
Website
www.noneNTEE Category
Code: L20 - Housing
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