Overview
What is Morgan Park And Beverly Handicapped Inc C/O Embrace Living Communities?
Morgan Park And Beverly Handicapped Inc, now under the umbrella of Embrace Living Communities, is a not-for-profit organization established in Illinois in 1989. Their primary mission is to provide affordable, welcoming homes for actively aging adults and individuals with disabilities, as defined by the National Housing Act of 1959. They aim to create communities that embrace living, offering a comfortable and inclusive environment for their residents. The organization's activities focus on acquiring land and constructing buildings to house these individuals, ensuring they have accessible and affordable housing options.
Official website here: www.embraceliving.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Morgan Park And Beverly Handicapped Inc C/O Embrace Living Communities has achieved an impressive rating of 96%, which reflects a strong commitment to accountability and financial transparency. This score, derived entirely from the Accountability & Finance beacon, indicates that the organization has successfully met rigorous standards for governance and financial health, making it a reliable choice for potential donors.
The organization boasts an independent board with 85% of its members being independent, which contributes to effective oversight and decision-making processes. Furthermore, they maintain strong financial practices with a high program expense ratio of 90.67%, ensuring that the majority of funds are directed towards their mission-related activities rather than administrative costs. The presence of multiple governance policies, such as conflict of interest and whistleblower policies, enhances the organization's accountability.
No significant limitations were noted in the data, as the organization appears to have no material diversion of assets and maintains a low liabilities-to-assets ratio of 4.75%. Overall, Morgan Park And Beverly Handicapped Inc demonstrates exceptional fiscal responsibility and governance, making it a commendable nonprofit within its sector.
This AI summary has been generated from information found on Charity Navigator.
Is Morgan Park And Beverly Handicapped Inc C/O Embrace Living Communities legitimate?
Morgan Park And Beverly Handicapped Inc C/O Embrace Living Communities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morgan Park And Beverly Handicapped Inc C/O Embrace Living Communities 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: $98,158
For more financial information, click here
Official website here: www.embraceliving.org
What is the mission statement of Morgan Park And Beverly Handicapped Inc C/O Embrace Living Communities?
Morgan Park and Beverly Handicapped Inc, under the umbrella of Embrace Living Communities, has a mission to offer affordable and welcoming living spaces for actively aging adults who are handicapped. Established as a not-for-profit corporation in Illinois in 1989, its primary objective is to provide homes to individuals categorized as low-income elderly and disabled individuals, as per the National Housing Act of 1959. The organization is committed to fostering communities that embrace living, ensuring that these adults can age comfortably.
Official website here: www.embraceliving.org
Who is the CEO of Morgan Park And Beverly Handicapped Inc C/O Embrace Living Communities?
Anne Oliva is the Interim Chair, President & Ceo of Morgan Park And Beverly Handicapped Inc C/O Embrace Living Communities. The CEO's salary of Morgan Park And Beverly Handicapped Inc C/O Embrace Living Communities is $0 and their total compensation is $388,734.
Official website here: www.embraceliving.org
What is the revenue of Morgan Park And Beverly Handicapped Inc C/O Embrace Living Communities?
Morgan Park And Beverly Handicapped Inc C/O Embrace Living Communities's revenue in 2022 was $520,286.
Official website here: www.embraceliving.org
Who are the executives of Morgan Park And Beverly Handicapped Inc C/O Embrace Living Communities and what are their salaries?
Here are 12 key members and their salaries (Morgan Park And Beverly Handicapped Inc C/O Embrace Living Communities's CEO's salary is $0 and their total compensation is $388,734):
- Compensation: $0
- Related: $344,607
- Other: $44,127
- Compensation: $0
- Related: $197,709
- Other: $17,173
- Compensation: $0
- Related: $131,888
- Other: $26,502
- Compensation: $0
- Related: $116,429
- Other: $37,184
- Compensation: $0
- Related: $102,461
- Other: $36,870
- Compensation: $0
- Related: $112,604
- Other: $21,935
- Compensation: $0
- Related: $100,579
- Other: $25,472
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.embraceliving.org
Where can I find the form 990 for Morgan Park And Beverly Handicapped Inc C/O Embrace Living Communities?
Morgan Park And Beverly Handicapped Inc C/O Embrace Living Communities's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.embraceliving.org
Learn more at the official website: www.embraceliving.org
Mission Statement of Morgan Park And Beverly Handicapped Inc C/O Embrace Living Communities
Morgan Park and Beverly Handicapped Inc, now under the umbrella of Embrace Living Communities, was established in 1989 with a mission to provide affordable, welcoming homes for actively aging adults and individuals with disabilities. This not-for-profit organization's purpose, as defined by the National Housing Act of 1959, is to acquire land and construct buildings specifically designed to house this vulnerable population. The mission of Morgan Park and Beverly Handicapped Inc, in essence, is to create a living environment that embraces its residents, providing them with a sense of belonging and security. This mission is not just about providing a roof over their heads but also about fostering communities that are inclusive and supportive, where these individuals can age gracefully.
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Impact
July, 2024
Morgan Park And Beverly Handicapped Inc C/O Embrace Living Communities impacts actively aging adults by providing them with affordable and welcoming homes in communities that support and encourage independent living. Their mission involves offering housing to low-income elderly and handicapped individuals, as defined by the National Housing Act of 1959. Through their work, they contribute to creating environments where aging individuals can thrive and maintain a sense of belonging and community.
This information is meant to be a general summary of Morgan Park And Beverly Handicapped Inc C/O Embrace Living Communities. 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: $142
- Program Service Revenue: $515,773
- Gross Receipts: $520,286
Assets and Liabilities:
- Total Assets: $732,244
- Total Liabilities: $34,822
- Net Assets: $697,422
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$64,403
TENTANT ASSISTANCE PAYMENTS
Revenue
$451,370
Organization Details
Founding Year
1987
Phone
(630) 521-8780Principal Officer
Anne Oliva
Main Address
1900 SPRING ROAD STE 300, OAK BROOK, IL, 605231480
Website
www.embraceliving.orgNTEE Category
Code: A82Z - Arts
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