Overview
What is United Church Residence Of Athens?
United Church Residence of Athens, also known as Athena Gardens, is a nonprofit organization situated in Marion, Ohio. Its primary mission is to offer subsidized apartment rental housing to approximately 50 low-income elderly and/or disabled individuals, funded by the U.S. Department of HUD Section 202 program. The organization's core purpose is to provide a secure and economical living environment for retired or handicapped individuals, ensuring they can maintain their independence and quality of life. With a small team of five employees, they strive to make a significant impact in their community.
Official website here: www.unitedchurchhomes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Star rating
United Church Residence of Athens holds a Two-Star rating from Charity Navigator, reflecting a moderate level of accountability and finance management. The overall score is derived entirely from its Accountability & Finance score of 65. While the organization demonstrates a strong commitment to certain policies, such as conflict of interest and whistleblower protections, it falls short in the representation of independent board members and the transparency of its financial documents.
The organization has a well-structured independent board and maintains robust policies regarding document retention and board meeting minutes. However, the lack of independent board members raises concerns about governance and diversity in decision-making. Additionally, the nonprofit's liabilities to assets ratio is notably low, indicating potential financial vulnerabilities that may affect its performance and sustainability.
Despite some strengths in policy adherence, the low program expense ratio and failure to post its tax forms on its website cast a shadow on its financial transparency and operational effectiveness. Overall, while the United Church Residence of Athens shows potential, these limitations highlight areas for improvement that could enhance its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is United Church Residence Of Athens legitimate?
United Church Residence Of Athens is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Church Residence Of Athens 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: $40,899
For more financial information, click here
Official website here: www.unitedchurchhomes.org
What is the mission statement of United Church Residence Of Athens?
The United Church Residence of Athens is committed to providing a safe and affordable living solution for retired and disabled individuals who are income-constrained. This mission is achieved through the utilization of the U.S. Department of HUD Section 202 program, which enables the organization to offer subsidized apartment rental housing to approximately 50 eligible individuals. The primary goal is to offer them a secure and budget-friendly living environment, thereby enhancing their quality of life.
Official website here: www.unitedchurchhomes.org
What is the revenue of United Church Residence Of Athens?
United Church Residence Of Athens's revenue in 2023 was $491,680.
Official website here: www.unitedchurchhomes.org
Who are the executives of United Church Residence Of Athens and what are their salaries?
The average compensation at United Church Residence Of Athens during 2023 was $20,450. There are 2 employees at United Church Residence Of Athens.
Here are 12 key members and their salaries:
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- Related: $355,081
- Other: $34,230
- Compensation: $0
- Related: $357,257
- Other: $25,046
- Compensation: $0
- Related: $144,624
- Other: $2,693
Official website here: www.unitedchurchhomes.org
Where can I find the form 990 for United Church Residence Of Athens?
United Church Residence Of Athens's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.unitedchurchhomes.org
Learn more at the official website: www.unitedchurchhomes.org
Mission Statement of United Church Residence Of Athens
United Church Residence of Athens is committed to providing a safe and affordable living environment for retired and disabled individuals who fall under the low-income bracket. The organization achieves this objective through the U.S. Department of HUD Section 202 program, which allows it to offer subsidized apartment rental housing to approximately 50 eligible individuals. By leveraging this program, United Church Residence of Athens plays a crucial role in ensuring that these individuals have access to housing that is both affordable and secure. The organization's mission is to provide a sense of community and support for these individuals, enabling them to maintain their independence and live with dignity.
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Impact
July, 2024
United Church Residence Of Athens provides a crucial service by offering safe and affordable low-income housing for retired and disabled individuals. Through their mission to provide subsidized apartment rental housing to approximately 50 low-income elderly and/or handicapped persons, they are directly impacting the lives of those in need. By participating in the U.S. Department of HUD Sec. 202 program, they are able to fulfill their mission and ensure that individuals have a place to call home. This impact goes beyond just providing shelter; it offers a sense of security, dignity, and community for those who may not have access to such resources otherwise.
This information is meant to be a general summary of United Church Residence Of Athens. 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: $8,401
- Program Service Revenue: $168,946
- Gross Receipts: $491,680
Assets and Liabilities:
- Total Assets: $1,070,245
- Total Liabilities: $2,527,492
- Net Assets: -$1,457,247
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Net Rental Income
Revenue
$168,946
Organization Details
Founding Year
1992
Principal Officer
Cathy Green
Website
www.unitedchurchhomes.orgNTEE Category
Code: L210 - Housing
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