Overview
What is Abcap Housing M Inc Mariaview Apartments?
Abcap Housing M Inc's Mariaview Apartments is a nonprofit organization situated in Georgetown, Ohio (45121). Their primary focus is to provide affordable housing for elderly and handicapped individuals in Adams County. The organization is dedicated to meeting the physical, social, and psychological needs of these individuals through facilities and services tailored to their unique requirements. This mission is carried out with the aim of ensuring a comfortable and supportive living environment for those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Three-Star out of Four Stars (79%)
Abcap Housing M Inc Mariaview Apartments has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. This rating is based entirely on their accountability and finance score, which reflects the organization's commitment to maintaining high standards in these areas. The scoring suggests that the charity is generally trustworthy and manages its finances well, with a strong emphasis on ethical governance.
The organization has highlighted several strengths, with a perfect score in independent board governance and a low risk of asset diversion. Abcap Housing M Inc has a majority of independent board members and maintains essential policies like conflict of interest and whistleblower protections. Additionally, they have shown a strong program expense ratio, indicating that a significant portion of their expenditures goes directly to their programs.
However, it is important to note that the organization has a concerning liabilities to assets ratio of 162.41%, which raises questions about financial stability and may suggest potential challenges in meeting its financial obligations. While the charity demonstrates strong governance practices, this particular financial metric could be a limitation for potential donors and stakeholders evaluating the organization’s overall health.
This AI summary has been generated from information found on Charity Navigator.
Is Abcap Housing M Inc Mariaview Apartments legitimate?
Abcap Housing M Inc Mariaview Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abcap Housing M Inc Mariaview Apartments 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: $12,643
For more financial information, click here
What is the mission statement of Abcap Housing M Inc Mariaview Apartments?
Abcap Housing M Inc Mariaview Apartments is committed to providing facilities and services that cater to the physical, social, and psychological needs of elderly and handicapped individuals. The organization's mission is to ensure an environment that fosters their overall well-being and quality of life. They offer affordable housing as a solution, aiming to provide a safe and supportive living space for these individuals, thereby enhancing their independence and dignity. The apartments are designed to address the unique needs of these individuals, creating a community where they can age gracefully and comfortably.
Who is the CEO of Abcap Housing M Inc Mariaview Apartments?
Daniel Wickerham is the Trustee of Abcap Housing M Inc Mariaview Apartments.
What is the revenue of Abcap Housing M Inc Mariaview Apartments?
Abcap Housing M Inc Mariaview Apartments's revenue in 2022 was $68,299.
Who are the executives of Abcap Housing M Inc Mariaview Apartments and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Abcap Housing M Inc Mariaview Apartments?
Abcap Housing M Inc Mariaview Apartments's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Abcap Housing M Inc Mariaview Apartments
Abcap Housing M Inc Mariaview Apartments is committed to providing facilities and services that cater to the physical, social, and psychological needs of elderly and handicapped individuals. Their mission is to create an environment that effectively addresses the unique requirements of this vulnerable population, ensuring their overall well-being. By offering affordable housing, this nonprofit organization seeks to provide a living space that not only meets the basic needs of its residents but also addresses their emotional and social needs. This approach aims to improve the quality of life for elderly and handicapped individuals, enabling them to live with dignity and independence.
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Impact
August, 2024
Abcap Housing M Inc Mariaview Apartments has a crucial impact in Georgetown, Ohio, by providing essential facilities and services designed to meet the physical, social, and psychological needs of elderly and handicapped individuals. By offering affordable housing tailored to the specific requirements of these vulnerable populations in Adams County, this organization plays a vital role in ensuring that seniors and people with disabilities have a safe and supportive place to call home. Abcap Housing M Inc Mariaview Apartments contributes to enhancing the quality of life and promoting independence among those it serves, ultimately fostering a more inclusive and caring community in the region.
This information is meant to be a general summary of Abcap Housing M Inc Mariaview Apartments. 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: $58
- Program Service Revenue: $67,356
- Gross Receipts: $68,299
Assets and Liabilities:
- Total Assets: $385,800
- Total Liabilities: $626,594
- Net Assets: -$240,794
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$36,606
FEE & CONTRACTS GOV AGENCIES
Revenue
$30,750
Organization Details
Founding Year
1996
Phone
(937) 378-6041Principal Officer
Daniel Wickerham
Main Address
406 WEST PLUM STREET, GEORGETOWN, OH, 45121
NTEE Category
Code: L21 - Housing
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