Overview
What is Five Rivers Homes Inc C/O Upper Bay Counseling & Support Servi?
Five Rivers Homes Inc C/O Upper Bay Counseling & Support Servi is a dedicated nonprofit organization located in Elkton, Maryland. Their primary mission is to provide affordable housing for individuals with chronic mental disabilities, ensuring they have living accommodations that cater to their physical, social, and psychological needs. To achieve this, the organization has entered into a project rental assistance contract under Section 811 of the National Housing Act, which allows them to receive monthly rent supplements directly from the U.S. Department of Housing and Urban Development (HUD) for eligible tenants. With this support, Five Rivers Homes Inc aims to promote the health, security, happiness, and usefulness of the mentally disabled, enabling them to live comfortably and independently.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (58%)
Five Rivers Homes Inc, affiliated with Upper Bay Counseling & Support Services, has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score of 58% reflects weaknesses in the governance structure, specifically the lack of independent board members and a small board size, which are crucial for ensuring transparency and oversight.
Despite the low rating, the organization has demonstrated some strengths, particularly in its expense management, as indicated by a high program expense ratio of 24 out of 25. Additionally, it has established effective policies, including a robust conflict of interest policy and whistleblower protections, which contribute to operational integrity. However, the absence of a publicly listed website on its tax form and a concerning liabilities-to-assets ratio raises red flags about the organization's overall financial health.
In summary, while Five Rivers Homes Inc has solid operational policies in place, significant governance issues and a low accountability score suggest that potential donors should proceed with caution. It is essential for the organization to work on enhancing its board independence and financial reporting practices to strengthen its rating and build trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Five Rivers Homes Inc C/O Upper Bay Counseling & Support Servi legitimate?
Five Rivers Homes Inc C/O Upper Bay Counseling & Support Servi is a legitimate nonprofit organization registered as a 501(c)(3) entity. Five Rivers Homes Inc C/O Upper Bay Counseling & Support Servi 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: $0
For more financial information, click here
What is the mission statement of Five Rivers Homes Inc C/O Upper Bay Counseling & Support Servi?
Five Rivers Homes Inc, under the umbrella of Upper Bay Counseling & Support Services, is committed to providing affordable housing for individuals with chronic mental disabilities. Their mission is to offer housing facilities and services specifically tailored to meet the physical, social, and psychological needs of these individuals. The organization aims to promote their health, security, happiness, and usefulness in their long-living journey. To achieve this, they have entered into a rental assistance contract under Section 811 of the National Housing Act, enabling them to receive monthly rent supplements directly from the U.S. Department of Housing and Urban Development (HUD) for qualified tenants.
Who is the CEO of Five Rivers Homes Inc C/O Upper Bay Counseling & Support Servi?
Suanne Blumberg is the President & Treasurer of Five Rivers Homes Inc C/O Upper Bay Counseling & Support Servi.
What is the revenue of Five Rivers Homes Inc C/O Upper Bay Counseling & Support Servi?
Five Rivers Homes Inc C/O Upper Bay Counseling & Support Servi's revenue in 2022 was $61,596.
Who are the executives of Five Rivers Homes Inc C/O Upper Bay Counseling & Support Servi and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $134,764
- Other: $3,132
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $81,336
- Other: $15,680
Where can I find the form 990 for Five Rivers Homes Inc C/O Upper Bay Counseling & Support Servi?
Five Rivers Homes Inc C/O Upper Bay Counseling & Support Servi's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Five Rivers Homes Inc C/O Upper Bay Counseling & Support Servi
Five Rivers Homes Inc C/O Upper Bay Counseling & Support Servi is dedicated to providing affordable housing for individuals with chronic mental disabilities. Their mission is to offer housing facilities and services tailored to meet the physical, social, and psychological needs of these individuals. The organization aims to promote their health, security, happiness, and overall usefulness in long-term living. In an effort to support this mission, Five Rivers Homes Inc C/O Upper Bay Counseling & Support Servi has entered into a rental assistance contract under Section 811 of the National Housing Act. This contract allows the organization to receive monthly rent supplements directly from the U.S. Department of Housing and Urban Development (HUD) for qualified tenants. Through this initiative, Five Rivers Homes Inc C/O Upper Bay Counseling & Support Servi is able to provide safe and supportive housing environments for individuals living with chronic mental disabilities, enabling them to lead fulfilling and stable lives.
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Impact
August, 2024
Five Rivers Homes Inc C/O Upper Bay Counseling & Support Services has had a significant impact by providing and maintaining eight units of living accommodations for mentally disabled persons. Their focus on offering affordable housing to individuals with chronic mental disabilities is crucial in meeting the physical, social, and psychological needs of this vulnerable population. By entering into a project rental assistance contract under Section 811 of the National Housing Act, the organization receives monthly rent supplements directly from the U.S. Department of Housing and Urban Development (HUD) for qualified tenants, ensuring continued support for those in need. Through their efforts, they promote the health, security, happiness, and usefulness of their residents in long-term living arrangements.
This information is meant to be a general summary of Five Rivers Homes Inc C/O Upper Bay Counseling & Support Servi. 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: $12
- Program Service Revenue: $27,517
- Gross Receipts: $61,596
Assets and Liabilities:
- Total Assets: $508,253
- Total Liabilities: $585,424
- Net Assets: -$77,171
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$27,517
Organization Details
Founding Year
2005
Phone
(410) 996-5104Principal Officer
Suanne Blumberg
Main Address
200 BOOTH STREET, ELKTON, MD, 21921
NTEE Category
Code: P73 - Human services
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