Overview
What is Hoosier Manor Inc?
Hoosier Manor Inc, identified as Crawford Manor, is a nonprofit organization situated in Indianapolis, Indiana. Their primary mission is to provide subsidized housing for low-income elderly individuals and those in need of specially-designed rental units. To achieve this goal, they operate a HUD-funded housing project, providing a secure and supportive living environment. The organization, with a small workforce of 4 employees, aims to enhance the quality of life for its residents by offering them a safe and comfortable living space.
Official website here: www.crmanor.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
Hoosier Manor Inc has received an 81% score from Charity Navigator, reflecting a strong commitment to accountability and finance. The rating is derived solely from the Accountability & Finance beacon, highlighting robust governance practices, including a majority of independent board members and comprehensive financial oversight. The organization scored full points in key areas such as whistleblower policy and material diversion of assets, indicating transparency and ethical management.
The nonprofit demonstrated impressive financial health with a program expense ratio of 90.11%, meaning that a significant portion of its funds directly supports its mission. Additionally, the organization has established appropriate policies for conflict of interest and document retention, further solidifying its operational integrity.
While the overall financial management appears sound, the compensation for key personnel is noteworthy, with the director and senior VP earning substantial salaries. This raises considerations about executive compensation in relation to the nonprofit's overall financial health and mission alignment. Nonetheless, the organization's strong governance and commitment to accountability are commendable.
This AI summary has been generated from information found on Charity Navigator.
Is Hoosier Manor Inc legitimate?
Hoosier Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hoosier Manor 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: $122,541
For more financial information, click here
Official website here: www.crmanor.com
What is the mission statement of Hoosier Manor Inc?
Hoosier Manor Inc's mission is centered around operating a housing project that is subsidized by the HUD, providing affordable living spaces for individuals who are elderly and those requiring specially-designed units. The organization's primary goal is to cater to the housing needs of individuals with low income, ensuring they have access to a secure living environment. The project aims to offer a sense of community and support, enhancing the quality of life for its residents. Hoosier Manor Inc is dedicated to maintaining and managing this project, ensuring it continues to serve its intended purpose of providing affordable and suitable housing solutions.
Official website here: www.crmanor.com
Who is the CEO of Hoosier Manor Inc?
Wendy L Meredith is the Director & Chairperson of Hoosier Manor Inc. The CEO's salary of Hoosier Manor Inc is $0 and their total compensation is $401,521.
Official website here: www.crmanor.com
What is the revenue of Hoosier Manor Inc?
Hoosier Manor Inc's revenue in 2022 was $949,531.
Official website here: www.crmanor.com
Who are the executives of Hoosier Manor Inc and what are their salaries?
The average compensation at Hoosier Manor Inc during 2022 was $30,635. There are 4 employees and 10 volunteers at Hoosier Manor Inc.
Here are 6 key members and their salaries (Hoosier Manor Inc's CEO's salary is $0 and their total compensation is $401,521):
- Compensation: $0
- Related: $363,620
- Other: $37,901
- Compensation: $0
- Related: $334,250
- Other: $35,922
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.crmanor.com
Where can I find the form 990 for Hoosier Manor Inc?
Hoosier Manor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.crmanor.com
Learn more at the official website: www.crmanor.com
Mission Statement of Hoosier Manor Inc
Hoosier Manor Inc, as a nonprofit organization, is dedicated to providing housing solutions for individuals who fall under the categories of low-income elderly and those in need of specially-designed rental units. With a mission to operate a HUD-subsidized rental housing project, the organization aims to make housing more accessible and affordable for these groups. By offering subsidized housing, Hoosier Manor Inc seeks to alleviate the financial burden associated with housing, enabling its residents to focus on other aspects of their lives. The organization's mission is a crucial step towards ensuring that vulnerable populations have a stable living environment, contributing to their overall well-being and quality of life.
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Impact
October, 2024
Hoosier Manor Inc plays a vital role in providing affordable housing solutions for low-income elderly individuals and those needing specially-designed rental units in Indianapolis. By operating a HUD-subsidized rental housing project, it ensures that vulnerable populations have access to safe and affordable living conditions. This initiative not only meets the immediate housing needs of residents but also promotes stability, dignity, and independence among seniors and individuals with special requirements. Through its commitment to affordable housing, Hoosier Manor Inc significantly contributes to the well-being of the community by enhancing the quality of life for its residents.
This information is meant to be a general summary of Hoosier Manor 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: $1,182
- Program Service Revenue: $314,960
- Gross Receipts: $949,531
Assets and Liabilities:
- Total Assets: $2,410,141
- Total Liabilities: $2,685,336
- Net Assets: -$275,195
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT RENTAL INCOME
Revenue
$314,960
Organization Details
Founding Year
1981
Phone
(317) 873-3371Principal Officer
Wendy L Meredith
Main Address
8330 ALLISON POINTE TRAIL STE 300, INDIANAPOLIS, IN, 46268
Website
www.crmanor.comNTEE Category
Code: L210 - Housing
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