Overview
What is Booth Manor Inc?
Booth Manor Inc is a nonprofit organization situated in Indianapolis, Indiana, specifically at 3100 North Meridian Street. Their primary mission is to provide housing and services for low-income elderly individuals and persons with disabilities. Under a contract with the U.S. Department of Housing and Urban Development, they maintain a 75-unit apartment complex in accordance with Section 202 of the National Housing Act of 1959. This initiative aims to meet the physical, social, and psychological needs of its residents, promoting their health, security, happiness, and overall well-being in their longer lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two Stars (Needs Improvement, 62%)
Booth Manor Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement within its operations. The overall score of 62% reflects some strengths, particularly in its program expense ratio, where it scored a perfect 25 out of 25. Additionally, the organization has robust policies in place, including a conflict of interest policy and a whistleblower policy, both of which received full marks.
However, there are several significant weaknesses that contribute to the low rating. The organization lacks a majority of independent board members and has scored poorly in board governance, with a score of 0 out of 10 for both independent board members and board size. Furthermore, the liabilities to assets ratio received a zero, suggesting potential financial instability, and there was a failure to post the tax form on its website, which may raise transparency concerns.
Overall, while Booth Manor Inc demonstrates some solid operational practices, it faces challenges in governance and financial management that need to be addressed to improve its rating and overall effectiveness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Booth Manor Inc legitimate?
Booth Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Booth Manor Inc 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: $91,416
For more financial information, click here
What is the mission statement of Booth Manor Inc?
Booth Manor Inc's mission is centered around providing housing and services for low-income elderly individuals and those with disabilities. Their goal is to offer specifically designed facilities and services that cater to the physical, social, and psychological needs of these individuals, aiming to enhance their health, security, happiness, and overall usefulness in their extended living. The organization strives to promote a positive living environment for its residents, ensuring their well-being and helping them lead fulfilling lives.
What is the revenue of Booth Manor Inc?
Booth Manor Inc's revenue in 2023 was $494,339.
Who are the executives of Booth Manor Inc and what are their salaries?
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $303,878
- Other: $18,925
- Compensation: $0
- Related: $255,857
- Other: $27,641
- Compensation: $0
- Related: $44,220
- Other: $18,925
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $182,745
- Other: $18,925
- Compensation: $0
- Related: $41,618
- Other: $18,925
- Compensation: $0
- Related: $146,907
- Other: $18,925
- Compensation: $0
- Related: $169,683
- Other: $18,925
- Compensation: $0
- Related: $43,437
- Other: $18,925
- Compensation: $0
- Related: $39,181
- Other: $18,925
Where can I find the form 990 for Booth Manor Inc?
Booth Manor Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Booth Manor Inc
Booth Manor Inc, a nonprofit organization, is dedicated to providing housing and services for low-income elderly persons and handicapped individuals. Their mission is to create housing facilities and services that cater specifically to the physical, social, and psychological needs of these individuals, promoting their health, security, happiness, and usefulness in longer living. Booth Manor Inc strives to create an environment that supports the overall well-being of its residents, ensuring their needs are met in a holistic manner. The nonprofit's continuous maintenance and upkeep of a 75-unit apartment complex in Indianapolis, Indiana, under a contract with the U.S. Department of Housing and Urban Development and pursuant to Section 202 of the National Housing Act of 1959, further underscores their commitment to this mission.
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Impact
July, 2024
Booth Manor Inc's impact lies in its provision of housing and services for low-income elderly persons in Indianapolis, Indiana. This organization directly contributes to the well-being of its residents by offering facilities and services tailored to meet their physical, social, and psychological needs. By promoting the health, security, happiness, and usefulness of elderly and handicapped individuals in longer living, Booth Manor Inc plays a vital role in enhancing the lives of those it serves.
This information is meant to be a general summary of Booth Manor Inc. 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 2023.
- Investment Income: $477
- Program Service Revenue: $254,155
- Gross Receipts: $494,339
Assets and Liabilities:
- Total Assets: $1,408,783
- Total Liabilities: $3,633,821
- Net Assets: -$2,225,038
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT & CHARGES
Revenue
$254,155
Organization Details
Founding Year
1992
Principal Officer
Bramwell E Higgins
NTEE Category
Code: L22Z - Housing
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