Overview
What is Meadowood Gardens Inc?
Meadowwood Gardens Inc is a nonprofit organization dedicated to supporting elderly and handicapped individuals. Their primary mission is to offer specialized housing facilities and services tailored to meet the physical, social, and psychological needs of these groups. By doing so, they aim to promote their health, security, happiness, and overall usefulness in extended living. The organization's goal is to enhance the quality of life for these individuals, ensuring they can live comfortably and with purpose.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
Meadowood Gardens Inc has achieved an overall score of 80% based entirely on its accountability and finance metrics, indicating a solid level of operational transparency and responsibility. The organization boasts a fully independent board of directors, with 100% independent members, which enhances its governance practices. Financially, the organization has shown a commendable program expense ratio of over 92%, suggesting that a significant portion of its resources is dedicated directly to its mission.
The organization has no reported material diversion of assets and has a favorable liabilities to assets ratio of 21.05%, showcasing effective financial management. Additionally, it has established a conflict of interest policy and maintains documentation for board meeting minutes, both of which contribute to its strong governance structure.
However, while the data reflects strong accountability, the single-beacon score means that a wider array of performance indicators is not assessed, which could provide a more comprehensive view of the nonprofit's overall impact and effectiveness. Despite this limitation, the current metrics underscore a commitment to transparency and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Meadowood Gardens Inc legitimate?
Meadowood Gardens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Meadowood 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 Meadowood Gardens Inc?
Meadowood Gardens Inc is committed to providing housing facilities and services tailored to the unique needs of elderly and handicapped individuals. Their goal is to promote their physical, social, and psychological well-being, ensuring their health, security, happiness, and continued productivity in their later years. By constructing and renting low-income housing, Meadowood Gardens aims to create an environment that caters to the specific needs of these individuals, thereby enriching their quality of life.
What is the revenue of Meadowood Gardens Inc?
Meadowood Gardens Inc's revenue in 2023 was $74,750.
Who are the executives of Meadowood Gardens Inc and what are their salaries?
There 7 volunteers at Meadowood Gardens Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Meadowood Gardens Inc?
Meadowood Gardens Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Meadowood Gardens Inc
Meadowwood Gardens Inc is dedicated to serving the needs of elderly and handicapped individuals by providing them with housing facilities and services that are specifically designed to cater to their physical, social, and psychological requirements. The organization's mission is to promote the health, security, happiness, and usefulness of these individuals, enabling them to live longer lives with dignity and comfort. By constructing and renting low-income housing, Meadowood Gardens Inc offers a sanctuary where these individuals can find the support they need, fostering an environment that encourages their overall well-being and personal growth.
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Impact
August, 2024
Meadowood Gardens Inc's impact can be seen in the tangible differences it makes in the lives of elderly and handicapped individuals. By constructing and renting low-income housing, this organization provides vital living spaces tailored to meet the specific physical, social, and psychological needs of its residents. Through its services and facilities, Meadowood Gardens promotes the health, security, happiness, and overall well-being of this vulnerable population, enabling them to lead longer and more fulfilling lives. In doing so, Meadowood Gardens creates a positive impact on the community by fostering a more inclusive and supportive environment for these individuals.
This information is meant to be a general summary of Meadowood 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 2023.
- Investment Income: $798
- Program Service Revenue: $73,952
- Gross Receipts: $74,750
Assets and Liabilities:
- Total Assets: $524,540
- Total Liabilities: $101,719
- Net Assets: $422,821
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$73,143
LAUNDRY AND VENDING
Revenue
$809
Organization Details
Founding Year
2003
Principal Officer
Thomas C Oppenheim
NTEE Category
Code: L21 - Housing
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