Overview
What is United Church Residences Of Canal Winchester?
United Church Residences of Canal Winchester is a nonprofit organization situated in Marion, Ohio. Its primary mission is to offer subsidized apartment rental housing for approximately 45 low-income elderly and/or handicapped individuals, funded by the U.S. Department of HUD Section 202 Program. With a workforce of four dedicated employees, the organization, known as Canal Village, strives to provide safe and affordable housing for this specific demographic.
Official website here: www.unitedchurchhomes.org/affordable-housing-communities/250-canal-village
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
United Church Residences of Canal Winchester has received an 80% rating from Charity Navigator, indicating a solid level of accountability and financial health. This rating is based entirely on the Accountability & Finance beacon, which reflects the organization’s commitment to transparency and responsible financial management. A significant strength noted is the organization’s independent board composition, with 75% of board members being independent, which contributes to effective governance.
The nonprofit's financial practices are commendable, as evidenced by their high scores across various metrics, including a perfect score for their audit and oversight committee and policies for conflict of interest, whistleblower protections, and document retention. Additionally, they maintain a healthy program expense ratio of approximately 69%, demonstrating that the majority of their funds are directed towards their programs rather than administrative costs.
While the organization shows strong performance in financial accountability, the overall rating is based on this singular area. Future evaluations could benefit from a broader assessment that includes aspects such as program impact and community engagement to provide a more comprehensive view of the organization's efficacy.
This AI summary has been generated from information found on Charity Navigator.
Is United Church Residences Of Canal Winchester legitimate?
United Church Residences Of Canal Winchester is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Church Residences Of Canal Winchester 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: $46,933
For more financial information, click here
Official website here: www.unitedchurchhomes.org/affordable-housing-communities/250-canal-village
What is the mission statement of United Church Residences Of Canal Winchester?
The United Church Residences Of Canal Winchester is committed to providing safe and affordable housing for low-income elderly and/or handicapped individuals. This mission is carried out through the U.S. Department of HUD Section 202 Program, which enables the provision of subsidized apartment rental housing for approximately 45 such individuals. The organization's primary goal is to ensure a suitable living environment for this vulnerable group, prioritizing their well-being and financial stability.
Official website here: www.unitedchurchhomes.org/affordable-housing-communities/250-canal-village
Who is the CEO of United Church Residences Of Canal Winchester?
Mary Anna Speller is the President of United Church Residences Of Canal Winchester.
Official website here: www.unitedchurchhomes.org/affordable-housing-communities/250-canal-village
What is the revenue of United Church Residences Of Canal Winchester?
United Church Residences Of Canal Winchester's revenue in 2022 was $589,256.
Official website here: www.unitedchurchhomes.org/affordable-housing-communities/250-canal-village
Who are the executives of United Church Residences Of Canal Winchester and what are their salaries?
The average compensation at United Church Residences Of Canal Winchester during 2022 was $11,733. There are 4 employees at United Church Residences Of Canal Winchester.
Here are 10 key members and their salaries:
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- Related: $394,111
- Other: $23,013
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- Related: $196,746
- Other: $22,822
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Official website here: www.unitedchurchhomes.org/affordable-housing-communities/250-canal-village
Where can I find the form 990 for United Church Residences Of Canal Winchester?
United Church Residences Of Canal Winchester's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unitedchurchhomes.org/affordable-housing-communities/250-canal-village
Learn more at the official website: www.unitedchurchhomes.org/affordable-housing-communities/250-canal-village
Mission Statement of United Church Residences Of Canal Winchester
United Church Residences of Canal Winchester is dedicated to providing a vital service in the community. Their mission, in simple terms, is to offer safe and affordable housing for low-income elderly and/or handicapped individuals. This organization's purpose is to make a significant difference in the lives of around 45 individuals, providing them with a secure living environment through the U.S. Department of HUD Section 202 Program. The United Church Residences of Canal Winchester is committed to enhancing the quality of life for these individuals, ensuring they have access to a dignified and comfortable living space.
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Impact
July, 2024
United Church Residences Of Canal Winchester's impact is evident in its dedicated mission to provide safe and affordable housing for low-income elderly and/or handicapped persons. By offering subsidized apartment rental housing through the U.S. Department of HUD Section 202 program, this organization positively impacts approximately 45 individuals in Marion, Ohio. Their commitment to ensuring housing security for those in need contributes to the well-being and quality of life of vulnerable populations in the community.
This information is meant to be a general summary of United Church Residences Of Canal Winchester. 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: $161
- Program Service Revenue: $165,627
- Gross Receipts: $589,256
Assets and Liabilities:
- Total Assets: $1,562,284
- Total Liabilities: $1,149,715
- Net Assets: $412,569
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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
$165,627
Organization Details
Founding Year
1984
Phone
(740) 382-4885Principal Officer
Mary Anna Speller
Main Address
170 East Center Street PO Box 1806, Marion, OH, 433011806
NTEE Category
Code: L22 - Housing
If you are a representative of United Church Residences Of Canal Winchester and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.