Overview
What is El-Beulah Retirement Village Inc?
El-Beulah Retirement Village Inc is a nonprofit organization situated in Indianapolis, Indiana. Established with a mission to provide housing for low and moderate-income individuals, it primarily caters to the elderly and handicapped. Their primary goal is to create housing facilities and services tailored to meet the unique physical, social, and psychological needs of these individuals, ultimately promoting their health, security, happiness, and usefulness in longer living. The organization employs a team of six dedicated individuals to accomplish this mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Stars)
El-Beulah Retirement Village Inc has received a 67% rating from Charity Navigator, indicating a moderate level of performance in accountability and financial health. The organization has demonstrated strengths in areas such as board independence and program expense ratio, with a notable 93.42% of its expenses going directly to programs. Additionally, the organization maintains a solid liabilities to assets ratio of 44.65%, suggesting a manageable level of debt.
However, the nonprofit faces significant limitations regarding transparency and governance policies. Critical policies such as conflict of interest, whistleblower, and document retention are missing, which could potentially affect its operational integrity and trustworthiness. Furthermore, the absence of a financial statements review and a website listed on the tax form raises questions about its financial oversight and public accessibility.
Overall, while El-Beulah Retirement Village Inc shows promise in its financial management and commitment to program delivery, it needs to address key governance issues to improve its accountability and enhance its overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is El-Beulah Retirement Village Inc legitimate?
El-Beulah Retirement Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. El-Beulah Retirement Village 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: $220,523
For more financial information, click here
What is the mission statement of El-Beulah Retirement Village Inc?
El-Beulah Retirement Village Inc is committed to providing specialized housing facilities and services to the elderly and handicapped individuals, catering to their physical, social, and psychological needs. The primary objective is to enhance their health, ensure their security, foster happiness, and encourage their productivity in their later years of life. The organization aims to promote their overall well-being, making longer living more fulfilling for them. Additionally, El-Beulah Retirement Village Inc offers housing solutions to low- and moderate-income individuals under federal affordable housing programs.
What is the revenue of El-Beulah Retirement Village Inc?
El-Beulah Retirement Village Inc's revenue in 2023 was $1,489,466.
Who are the executives of El-Beulah Retirement Village Inc and what are their salaries?
The average compensation at El-Beulah Retirement Village Inc during 2023 was $36,754. There are 6 employees and 40 volunteers at El-Beulah Retirement Village Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for El-Beulah Retirement Village Inc?
El-Beulah Retirement Village Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of El-Beulah Retirement Village Inc
El-Beulah Retirement Village Inc is committed to providing elderly and handicapped individuals with housing facilities and services specifically tailored to meet their physical, social, and psychological needs. The organization's mission is to promote their health, security, happiness, and usefulness in longer living. By offering housing solutions, El-Beulah Retirement Village Inc aims to cater to the unique needs of its residents, ensuring their well-being and overall satisfaction. This nonprofit organization is dedicated to enhancing the quality of life for its residents, fostering an environment that encourages their personal growth and development.
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Impact
October, 2024
El-Beulah Retirement Village Inc significantly enhances the quality of life for elderly and handicapped individuals in Indianapolis, Indiana, by providing tailored housing facilities and essential services. Their focus is on addressing the physical, social, and psychological needs of residents, ensuring that those who are most vulnerable find a supportive and nurturing environment.
By offering affordable housing options under federal programs, El-Beulah serves low to moderate-income individuals who might otherwise struggle to secure safe and comfortable living arrangements. This commitment to inclusivity fosters a sense of community and belonging among residents, promoting their health, security, and overall happiness.
The impact of El-Beulah extends beyond mere housing; it cultivates an environment where residents can lead fulfilling lives, engage socially, and maintain their independence for longer. Through its dedicated mission, El-Beulah Retirement Village Inc plays a crucial role in enhancing the well-being and longevity of its residents, enabling them to thrive in their later years.
This information is meant to be a general summary of El-Beulah Retirement Village 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: $47,386
- Program Service Revenue: $1,433,983
- Gross Receipts: $1,489,466
Assets and Liabilities:
- Total Assets: $7,185,371
- Total Liabilities: $3,208,980
- Net Assets: $3,976,391
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,361,746
WELLNESS CENTER FEES
Revenue
$72,237
Organization Details
Founding Year
1996
Principal Officer
Rev Peter Bosworth
NTEE Category
Code: L22 - Housing
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