Overview
What is Deliverance Manor Housing Corporation?
Deliverance Manor Housing Corporation, situated in Homewood, Illinois, is a dedicated nonprofit organization that specializes in providing affordable housing for eligible low-income tenants. Its primary mission is to cater to the senior housing needs of this demographic, ensuring that they can maintain a comfortable living situation without financial strain. The corporation's activities are centered around accommodating its residents, providing them with a secure and affordable home.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating.
Deliverance Manor Housing Corporation has received a mixed evaluation with an overall score of 71%, indicating areas of both strength and weakness. The organization demonstrates effective financial management, highlighted by a program expense ratio of 100%, meaning all reported expenses are directed towards its programs. Additionally, it has a fully independent board and no instances of material asset diversion, which showcases its accountability in governance.
However, there are notable limitations impacting its rating. The charity lacks critical policies such as a whistleblower policy and document retention and destruction guidelines, both of which are essential for ensuring transparency and ethical conduct. Furthermore, the organization has a concerning liabilities to assets ratio of 163.66%, suggesting potential financial instability that may raise questions about its long-term sustainability.
Overall, while Deliverance Manor Housing Corporation shows commitment to its mission through effective program spending and a strong governance structure, improvements in financial policies and transparency are necessary to enhance its rating and solidify stakeholder confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Deliverance Manor Housing Corporation legitimate?
Deliverance Manor Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Deliverance Manor Housing Corporation 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: $365,743
For more financial information, click here
What is the mission statement of Deliverance Manor Housing Corporation?
Deliverance Manor Housing Corporation is committed to providing affordable housing for eligible low-income tenants. Their mission is to serve as a retirement home or senior housing program, ensuring that individuals who fall under the low-income category have access to suitable living accommodations. This organization strives to make a significant difference in the lives of its residents by offering housing options that are within their financial reach. By providing affordable housing, Deliverance Manor Housing Corporation contributes to the well-being and stability of its tenants, enabling them to live with dignity and independence.
Who is the CEO of Deliverance Manor Housing Corporation?
Earl L Henderson is the President of Deliverance Manor Housing Corporation.
What is the revenue of Deliverance Manor Housing Corporation?
Deliverance Manor Housing Corporation's revenue in 2022 was $901,172.
Who are the executives of Deliverance Manor Housing Corporation and what are their salaries?
Here are 6 key members and their salaries:
- 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
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Deliverance Manor Housing Corporation?
Deliverance Manor Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Deliverance Manor Housing Corporation
Deliverance Manor Housing Corporation is committed to providing affordable housing for eligible low-income tenants. This nonprofit organization's mission is centered around ensuring that senior citizens have access to decent living spaces within their means. By offering affordable housing, Deliverance Manor Housing Corporation aims to contribute positively to the lives of its residents, enabling them to maintain a comfortable and dignified living condition.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Deliverance Manor Housing Corporation significantly enhances the quality of life for low-income tenants in Homewood, IL, by providing affordable housing options. By focusing on the needs of seniors and vulnerable populations, the organization ensures that those who might otherwise struggle to find stable accommodation have access to safe and secure living environments. This not only alleviates financial stress for residents but also fosters a sense of community and belonging, essential for well-being. Through its mission, Deliverance Manor plays a crucial role in addressing housing insecurity and promoting dignity for individuals who might otherwise be overlooked in the housing market.
This information is meant to be a general summary of Deliverance Manor Housing Corporation. 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: $79
- Program Service Revenue: $901,093
- Gross Receipts: $901,172
Assets and Liabilities:
- Total Assets: $2,120,469
- Total Liabilities: $3,299,117
- Net Assets: -$1,178,648
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$900,233
TENANT CHARGES
Revenue
$860
Organization Details
Founding Year
1993
Phone
(708) 647-2826Principal Officer
Earl L Henderson
Main Address
935 W 175TH STREET 101, HOMEWOOD, IL, 60487
NTEE Category
Code: L22 - Housing
If you are a representative of Deliverance Manor Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.