Overview
What is Asian Evergreen Housing Corporation C/O M Shapiro Real Estate Group?
Asian Evergreen Housing Corporation, under the oversight of M Shapiro Real Estate Group, is a nonprofit organization located in Farmington Hills, Michigan. With a dedicated workforce of just two individuals, this organization is committed to providing housing solutions for low-income elderly and handicapped individuals. They have successfully established 43 units to cater to this specific demographic, demonstrating their dedication to social welfare and housing equity.
Official website here: www.mshapirorealestate.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 61%)
The Asian Evergreen Housing Corporation has received a Two-Star rating from Charity Navigator, indicating that there are areas needing significant improvement, particularly in governance practices. The organization scored well in areas such as having a majority of independent board members and a sound program expense ratio, which suggests effective allocation of funds towards its mission. However, the overall score highlights deficiencies in essential accountability measures.
Key strengths include solid governance in terms of board independence and material diversion of assets, along with transparency in meeting documentation. However, the organization struggles with critical policies, receiving zero points for its conflict of interest and whistleblower policies, which are vital for operational transparency and ethical management. Additionally, the lack of a documented retention and destruction policy raises concerns regarding data management practices.
Overall, while the Asian Evergreen Housing Corporation demonstrates a commitment to its programs, the significant gaps in governance and accountability policies suggest that improvements are necessary for enhancing both its operational integrity and public trust. Addressing these limitations could help improve its rating and effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Asian Evergreen Housing Corporation C/O M Shapiro Real Estate Group legitimate?
Asian Evergreen Housing Corporation C/O M Shapiro Real Estate Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asian Evergreen Housing Corporation C/O M Shapiro Real Estate Group 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: $97,809
For more financial information, click here
Official website here: www.mshapirorealestate.com
What is the mission statement of Asian Evergreen Housing Corporation C/O M Shapiro Real Estate Group?
The Asian Evergreen Housing Corporation, affiliated with M Shapiro Real Estate Group, is dedicated to providing housing solutions for low-income elderly and handicapped individuals. Their primary mission is to ensure these vulnerable groups have access to suitable living spaces. As a testament to their commitment, they have successfully provided 43 units of such housing. The organization's work is geared towards enhancing the quality of life for these individuals, providing them with a safe and comfortable living environment.
Official website here: www.mshapirorealestate.com
Who is the CEO of Asian Evergreen Housing Corporation C/O M Shapiro Real Estate Group?
William Young is the Vice Preside of Asian Evergreen Housing Corporation C/O M Shapiro Real Estate Group.
Official website here: www.mshapirorealestate.com
What is the revenue of Asian Evergreen Housing Corporation C/O M Shapiro Real Estate Group?
Asian Evergreen Housing Corporation C/O M Shapiro Real Estate Group's revenue in 2022 was $467,309.
Official website here: www.mshapirorealestate.com
Who are the executives of Asian Evergreen Housing Corporation C/O M Shapiro Real Estate Group and what are their salaries?
The average compensation at Asian Evergreen Housing Corporation C/O M Shapiro Real Estate Group during 2022 was $48,904. There are 2 employees at Asian Evergreen Housing Corporation C/O M Shapiro Real Estate Group.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mshapirorealestate.com
Where can I find the form 990 for Asian Evergreen Housing Corporation C/O M Shapiro Real Estate Group?
Asian Evergreen Housing Corporation C/O M Shapiro Real Estate Group's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mshapirorealestate.com
Learn more at the official website: www.mshapirorealestate.com
Mission Statement of Asian Evergreen Housing Corporation C/O M Shapiro Real Estate Group
Asian Evergreen Housing Corporation C/O M Shapiro Real Estate Group is dedicated to providing housing for individuals who are both elderly and handicapped, and fall into the low-income bracket. This nonprofit organization's mission is centered around ensuring that these vulnerable individuals have a place to call home, providing them with 43 units of housing to cater to their specific needs. By offering this essential service, Asian Evergreen Housing Corporation C/O M Shapiro Real Estate Group plays a crucial role in enhancing the quality of life for these individuals, enabling them to live with dignity and independence. The organization's commitment to this mission underscores its dedication to addressing the unique housing needs of the elderly and handicapped population, thereby contributing to a more inclusive and equitable society.
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Impact
July, 2024
Asian Evergreen Housing Corporation, through its partnership with M Shapiro Real Estate Group, has made a significant impact by providing 43 units of low-income housing to elderly and handicapped individuals in Farmington Hills, Michigan. By addressing the critical need for affordable housing in this community, the organization has played a crucial role in ensuring that vulnerable populations have a safe and comfortable place to live. This initiative not only improves the quality of life for those individuals but also contributes to a more inclusive and supportive society.
This information is meant to be a general summary of Asian Evergreen Housing Corporation C/O M Shapiro Real Estate Group. 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: $899
- Program Service Revenue: $112,714
- Gross Receipts: $467,309
Assets and Liabilities:
- Total Assets: $1,823,956
- Total Liabilities: $3,553,219
- Net Assets: -$1,729,263
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$112,315
MISCELLANEOUS FEES
Revenue
$399
Organization Details
Founding Year
1996
Phone
(248) 865-0066Principal Officer
William Young
Main Address
31550 NORTHWESTERN HWY 220, FARMINGTON HILLS, MI, 483342532
Website
www.mshapirorealestate.comNTEE Category
Code: L20 - Housing
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