Mckee Manor Apartments Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311033250 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

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Overview

What is Mckee Manor Apartments Inc?

Mckee Manor Apartments Inc, located in Lexington, Kentucky, is a dedicated nonprofit organization that focuses on providing safe, clean, and affordable housing to the low-income elderly and handicapped individuals. With a mission to better serve this community, the organization operates a 61-unit facility to ensure individuals have a secure living environment that suits their needs.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Mckee Manor Apartments Inc has received a two-star rating from Charity Navigator, indicating a need for improvement with an overall score of 60%. The organization demonstrates strengths in board independence, with 100% of its board members being independent. Additionally, the nonprofit excels in financial oversight, achieving full points for its audit and oversight committee and maintaining no material diversion of assets.

However, the organization faces significant challenges in transparency and governance. It lacks essential policies regarding conflicts of interest, whistleblower protections, and document retention, which has impacted its accountability score. Furthermore, the absence of a publicly accessible website and the posting of tax forms raises concerns about its commitment to transparency and communication with stakeholders. The high liabilities to assets ratio is another area that merits attention, as it suggests potential financial instability.


This AI summary has been generated from information found on Charity Navigator.

Is Mckee Manor Apartments Inc legitimate?

Mckee Manor Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mckee Manor Apartments 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: $133,096

For more financial information, click here

What is the mission statement of Mckee Manor Apartments Inc?

Mckee Manor Apartments Inc is committed to providing safe, clean, and affordable housing facilities for the low-income elderly and handicapped individuals. Their primary mission is to ensure that these vulnerable groups have access to decent living spaces. The organization operates a 61-unit facility that is dedicated to meeting the housing needs of this specific population, thereby enhancing their quality of life.

Who is the CEO of Mckee Manor Apartments Inc?

Elmer Parlier is the President of Mckee Manor Apartments Inc.

What is the revenue of Mckee Manor Apartments Inc?

Mckee Manor Apartments Inc's revenue in 2022 was $630,354.

Who are the executives of Mckee Manor Apartments Inc and what are their salaries?


Here are 4 key members and their salaries:


Elmer Parlier (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Sigmon (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Hensley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Harper (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mckee Manor Apartments Inc?

Mckee Manor Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mckee Manor Apartments Inc

Mckee Manor Apartments Inc is committed to providing a sanctuary for the low-income elderly and handicapped individuals. Their mission is centered around offering safe, clean, and affordable housing, ensuring that these vulnerable individuals can reside in a secure environment. Mckee Manor Apartments Inc takes pride in its 61-unit facility, which serves as a beacon of hope for those in need. The organization's efforts are geared towards improving the living conditions of its residents, offering them a dignified and comfortable space to call home.

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Impact




July, 2024

Mckee Manor Apartments Inc's impact can be seen in the provision of safe, clean, and affordable housing to low-income elderly and handicapped individuals in Lexington, KY. With a mission focused on ensuring the well-being of the low-income elderly community, Mckee Manor offers a 61-unit facility that serves as a safe and comfortable living space for those in need. By addressing the housing needs of this vulnerable demographic, Mckee Manor Apartments Inc plays a crucial role in enhancing the quality of life and promoting the dignity of its residents.




This information is meant to be a general summary of Mckee Manor Apartments 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.

Revenue
$630,354 (2022)
Expenses
$724,435 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $113
  • Program Service Revenue: $174,429
  • Gross Receipts: $630,354

Assets and Liabilities:

  • Total Assets: $654,955
  • Total Liabilities: $2,164,275
  • Net Assets: -$1,509,320

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$174,429

Organization Details

Founding Year

1982

Principal Officer

Elmer Parlier

Main Address

125-C TRADE STREET, LEXINGTON, KY, 40511

NTEE Category

Code: L22 - Housing

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