Overview
What is United Church Residences Of Fort Wayne?
United Church Residences of Fort Wayne is a nonprofit organization, primarily known as Salem Manor, located at 170 East Center Street, Marion, Ohio 43301-1806. Their primary mission is to offer subsidized apartment rental housing for approximately 50 low-income elderly and/or handicapped individuals through the U.S. Department of HUD's Section 202 Program. The organization's main objective is to provide a secure and affordable living environment for those in need. With a small workforce of three individuals, United Church Residences of Fort Wayne continues to make a significant impact in the community by offering safe and affordable housing solutions.
Official website here: www.unitedchurchhomes.org/housing_in_salem.php
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78%, Three-Star out of Four Star rating. This rating reflects the organization's commitment to accountability and finance, which is the only area evaluated for their score. A Three-Star rating indicates that the United Church Residences Of Fort Wayne meets moderate standards for financial health and accountability.
The nonprofit has demonstrated strengths in various governance aspects, including a majority independent board and comprehensive financial oversight. Notably, the organization scored well on its accountability measures, such as having a conflict of interest policy and a whistleblower policy in place. Additionally, they maintain proper documentation and board meeting minutes, which contributes positively to their governance score.
However, the organization faces some challenges, particularly with its liabilities to assets ratio, which is significantly high at 202.37%, indicating potential financial risk. Furthermore, the absence of the tax form on their website may affect transparency. Overall, while the United Church Residences Of Fort Wayne shows a solid commitment to accountability, there are areas that could be improved to enhance financial stability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is United Church Residences Of Fort Wayne legitimate?
United Church Residences Of Fort Wayne is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Church Residences Of Fort Wayne 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: $90,396
For more financial information, click here
Official website here: www.unitedchurchhomes.org/housing_in_salem.php
What is the mission statement of United Church Residences Of Fort Wayne?
United Church Residences of Fort Wayne's mission is centered around providing a secure and budget-friendly living space for individuals with limited income. Specifically, they focus on offering subsidized apartment rentals to approximately 50 elderly and/or handicapped individuals, through the U.S. Department of HUD's Section 202 program. Their primary aim is to ensure that these individuals have access to safe and affordable housing, thereby enhancing their quality of life.
Official website here: www.unitedchurchhomes.org/housing_in_salem.php
Who is the CEO of United Church Residences Of Fort Wayne?
Mary Anna Speller is the President of United Church Residences Of Fort Wayne.
Official website here: www.unitedchurchhomes.org/housing_in_salem.php
What is the revenue of United Church Residences Of Fort Wayne?
United Church Residences Of Fort Wayne's revenue in 2022 was $936,065.
Official website here: www.unitedchurchhomes.org/housing_in_salem.php
Who are the executives of United Church Residences Of Fort Wayne and what are their salaries?
The average compensation at United Church Residences Of Fort Wayne during 2022 was $30,132. There are 3 employees at United Church Residences Of Fort Wayne.
Here are 10 key members and their salaries:
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- Related: $196,746
- Other: $22,822
- Compensation: $0
- Related: $394,111
- Other: $23,013
- Compensation: $0
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- Other: $0
Official website here: www.unitedchurchhomes.org/housing_in_salem.php
Where can I find the form 990 for United Church Residences Of Fort Wayne?
United Church Residences Of Fort Wayne's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unitedchurchhomes.org/housing_in_salem.php
Learn more at the official website: www.unitedchurchhomes.org/housing_in_salem.php
Mission Statement of United Church Residences Of Fort Wayne
United Church Residences Of Fort Wayne is committed to providing a safe and affordable housing solution for individuals who fall under the low-income category, specifically the elderly and handicapped. The organization achieves this mission through the U.S. Dept. of HUD Section 202 Program, which enables it to offer subsidized apartment rental units to approximately 50 individuals in need. By offering this essential service, United Church Residences Of Fort Wayne is making a significant contribution to its community, ensuring that vulnerable individuals have a secure and affordable living environment.
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Impact
October, 2024
United Church Residences of Fort Wayne significantly impacts the community by providing safe and affordable housing for low-income elderly and handicapped individuals. By operating subsidized apartment rentals through the U.S. Department of HUD Section 202 Program, it addresses critical housing needs in Marion, Ohio. This initiative supports approximately 50 residents, allowing them to live with dignity and stability. By ensuring access to affordable housing, it fosters a sense of community, alleviates financial burdens, and improves quality of life for vulnerable populations.
This information is meant to be a general summary of United Church Residences Of Fort Wayne. 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: $87
- Program Service Revenue: $310,642
- Gross Receipts: $936,065
Assets and Liabilities:
- Total Assets: $1,078,061
- Total Liabilities: $2,181,770
- Net Assets: -$1,103,709
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rent Tenant Revenue
Revenue
$310,642
Organization Details
Founding Year
1987
Phone
(740) 382-4885Principal Officer
Mary Anna Speller
Main Address
170 East Center StreetPO Box 1806, Marion, OH, 433011806
NTEE Category
Code: L22 - Housing
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