Overview
What is United Church Residences Of Delaware?
United Church Residences of Delaware, doing business as St. Michael's Community, is a nonprofit organization situated in Marion, Ohio. Their primary mission is to offer subsidized apartment housing for approximately 45 low-income elderly and handicapped individuals, funded by the U.S. Department of HUD Section 202 Program. The organization's purpose is to ensure safe and affordable living accommodations for this specific demographic, contributing to their community's well-being.
Official website here: www.chapelhillcommunity.org/housing_oh_michael.asp
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
United Church Residences of Delaware has received a Three-Star rating from Charity Navigator, reflecting a score of 76%. This score indicates that the organization meets several charity accountability and financial standards, with a strong emphasis on governance and transparency. The rating is derived solely from the Accountability & Finance beacon, which highlights the charity's commitment to responsible financial management.
The organization demonstrates notable strengths, including a majority of independent board members and a well-structured board size that adheres to best practices. Additionally, it has received full marks in critical areas such as its audit and oversight processes, materials diversion of assets, and various internal policies which support accountability and transparency. The financial health of the organization is further reinforced by a significant portion of its expenses (66.18%) being allocated to programs, which is a positive indicator of its operational effectiveness.
However, while the organization exhibits strong governance, the overall score suggests there may still be room for improvement in optimizing financial efficiency. The 20 out of 25 points in the program expense ratio indicates that while a substantial amount is directed towards programs, enhancing this ratio could further improve its standing. Overall, United Church Residences of Delaware showcases a solid commitment to accountability, albeit with potential for increasing programmatic funding efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is United Church Residences Of Delaware legitimate?
United Church Residences Of Delaware is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Church Residences Of Delaware 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: $72,459
For more financial information, click here
Official website here: www.chapelhillcommunity.org/housing_oh_michael.asp
What is the mission statement of United Church Residences Of Delaware?
United Church Residences of Delaware's mission is centered around providing safe and affordable housing for individuals who fall under the low-income category, specifically the elderly and those with disabilities. This is accomplished through the utilization of the U.S. Department of HUD Section 202 Program, which allows for the rental of subsidized apartments to approximately 45 eligible residents. The organization's primary goal is to contribute to the well-being of these individuals by offering them a secure living environment within their financial means.
Official website here: www.chapelhillcommunity.org/housing_oh_michael.asp
Who is the CEO of United Church Residences Of Delaware?
Mary Anna Speller is the President of United Church Residences Of Delaware.
Official website here: www.chapelhillcommunity.org/housing_oh_michael.asp
What is the revenue of United Church Residences Of Delaware?
United Church Residences Of Delaware's revenue in 2022 was $513,868.
Official website here: www.chapelhillcommunity.org/housing_oh_michael.asp
Who are the executives of United Church Residences Of Delaware and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.chapelhillcommunity.org/housing_oh_michael.asp
Where can I find the form 990 for United Church Residences Of Delaware?
United Church Residences Of Delaware's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chapelhillcommunity.org/housing_oh_michael.asp
Learn more at the official website: www.chapelhillcommunity.org/housing_oh_michael.asp
Mission Statement of United Church Residences Of Delaware
United Church Residences of Delaware, as its mission statement suggests, is committed to providing a secure and economical living environment for individuals who fall under the low-income category, specifically the elderly and those with disabilities. Utilizing the U.S. Department of HUD Section 202 Program, this nonprofit organization makes it possible for approximately 45 individuals to access subsidized apartment rental housing. This initiative plays a crucial role in ensuring that these individuals have access to a safe and affordable living space, thereby improving their overall quality of life.
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Impact
July, 2024
United Church Residences Of Delaware's impact is evident in its commitment to providing safe and affordable housing for low-income individuals in Marion, Ohio. Through its subsidized apartment rental housing program, approximately 45 low-income elderly and/or handicapped persons have access to quality living spaces. By participating in the U.S. Department of HUD Section 202 Program, the organization fulfills its mission to offer housing solutions that support the well-being and dignity of those in need.
This information is meant to be a general summary of United Church Residences Of Delaware. 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: $91
- Program Service Revenue: $166,958
- Gross Receipts: $513,868
Assets and Liabilities:
- Total Assets: $1,090,781
- Total Liabilities: $1,383,278
- Net Assets: -$292,497
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Net Rent Revenue
Revenue
$166,958
Organization Details
Founding Year
1987
Phone
(740) 382-4885Principal Officer
Mary Anna Speller
Main Address
170 East Center Street PO Box 1806, Marion, OH, 433011806
NTEE Category
Code: L21 - Housing
If you are a representative of United Church Residences Of Delaware 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.