Overview
What is Cardinal Community Manor Inc?
Cardinal Community Manor Inc is a small yet significant nonprofit organization situated in Alexis, Illinois. The primary focus of this organization is to provide housing for elderly individuals, generating income through rental services. With a team of just one dedicated employee, Cardinal Community Manor Inc offers a vital living space for the elderly, contributing to their overall well-being and independence. The organization's mission remains steadfastly committed to this purpose, ensuring a safe and comfortable environment for its elderly tenants.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (58%)
Cardinal Community Manor Inc has received a one-star rating from Charity Navigator, indicating several areas of concern regarding its accountability and financial management. While the organization boasts a high program expense ratio of 90.55%, suggesting that it directs a significant portion of its funds towards its mission, it struggles with its liabilities to assets ratio, which stands at a concerning 124.28%. This indicates a potential financial instability that may impact its operations.
On a positive note, the organization has a fully independent board, demonstrating strong governance practices in terms of board composition and the documentation of meeting minutes. However, the absence of essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy significantly undermines its governance framework. These missing policies could expose the organization to risks related to ethical conduct and operational transparency.
Overall, while Cardinal Community Manor Inc shows promise with its focus on programmatic spending and strong board independence, the financial ratios and missing governance policies highlight critical areas that need improvement to enhance trust and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Cardinal Community Manor Inc legitimate?
Cardinal Community Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cardinal Community 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: $7,800
For more financial information, click here
What is the mission statement of Cardinal Community Manor Inc?
Cardinal Community Manor Inc's mission revolves around generating income through the provision of housing for elderly tenants. This non-profit organization focuses on offering residential accommodations, thereby contributing to the well-being and comfort of the elderly community. By providing housing, Cardinal Community Manor Inc plays a significant role in ensuring the elderly have a place to call home, enhancing their quality of life.
Who is the CEO of Cardinal Community Manor Inc?
Jerry Butcher is the Director of Cardinal Community Manor Inc.
What is the revenue of Cardinal Community Manor Inc?
Cardinal Community Manor Inc's revenue in 2022 was $48,443.
Who are the executives of Cardinal Community Manor Inc and what are their salaries?
The average compensation at Cardinal Community Manor Inc during 2022 was $7,800. There is 1 employee at Cardinal Community Manor Inc.
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Where can I find the form 990 for Cardinal Community Manor Inc?
Cardinal Community Manor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cardinal Community Manor Inc
Cardinal Community Manor Inc is dedicated to generating rental income by providing housing for elderly tenants. This mission is centered around the provision of comfortable living spaces for the elderly, serving as their home and sanctuary. The organization's primary focus is on elderly individuals, ensuring they have access to appropriate housing, thereby contributing to their well-being and overall quality of life.
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Impact
August, 2024
Cardinal Community Manor Inc provides essential housing for elderly tenants in Alexis, IL. As a crucial provider of housing for this vulnerable demographic, their impact is significant in ensuring elderly individuals have a safe and secure place to call home. Their dedication to offering affordable housing options for this specific group contributes to the well-being and quality of life of the elderly population in the community.
This information is meant to be a general summary of Cardinal Community 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 2022.
- Investment Income: $51
- Program Service Revenue: $39,467
- Gross Receipts: $48,443
Assets and Liabilities:
- Total Assets: $258,509
- Total Liabilities: $319,286
- Net Assets: -$60,777
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME 1099
Revenue
$39,467
Organization Details
Founding Year
1984
Phone
(308) 482-5510Principal Officer
Jerry Butcher
Main Address
100 SIMS STREET, ALEXIS, IL, 61412
NTEE Category
Code: L22Z - Housing
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