Overview
What is Mcrc Rehabilitation Inc?
Mcrc Rehabilitation Inc, a public housing facility located in Galesburg, IL, is a charitable organization dedicated to serving the elderly and disabled community. Its primary mission is to provide housing, offering a safe and supportive environment for those in need. By doing so, Mcrc Rehabilitation aims to contribute positively to the lives of its residents and promote their well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72% (Two-Star out of Four Stars)
Mcrc Rehabilitation Inc has received a Two-Star rating from Charity Navigator, largely based on its Accountability & Finance score. The organization demonstrates strong governance practices with an independent board comprised of 80% independent members and adheres to solid financial policies. Notably, the organization has no material diversion of assets and maintains good documentation practices for board meetings and conflict of interest policies.
However, the charity faces significant challenges reflected in its financial ratios. The liabilities to assets ratio is particularly concerning at 221.03%, which indicates potential financial instability. Additionally, the organization has not complied with some transparency expectations, as it has not posted its tax forms on its website, which detracts from its overall accountability score.
While Mcrc Rehabilitation Inc shows strengths in governance and program expense ratios, the lack of essential financial disclosures and high liability levels warrant caution for potential donors. Addressing these limitations could enhance their rating and overall effectiveness in fulfilling their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Mcrc Rehabilitation Inc legitimate?
Mcrc Rehabilitation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcrc Rehabilitation 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: $33,842
For more financial information, click here
What is the mission statement of Mcrc Rehabilitation Inc?
Mcrc Rehabilitation Inc is dedicated to offering housing solutions for the elderly and disabled individuals. Their mission, in essence, is to ensure that these groups have a secure and suitable living environment. This public housing facility aims to provide a home where these individuals can live comfortably and independently. By offering housing, Mcrc Rehabilitation Inc is making a significant contribution towards improving the quality of life for its residents and helping them live with dignity.
Who is the CEO of Mcrc Rehabilitation Inc?
William Nelson is the Chairman of Mcrc Rehabilitation Inc. The CEO's salary of Mcrc Rehabilitation Inc is $0 and their total compensation is $0.
What is the revenue of Mcrc Rehabilitation Inc?
Mcrc Rehabilitation Inc's revenue in 2022 was $223,608.
Who are the executives of Mcrc Rehabilitation Inc and what are their salaries?
Here are 8 key members and their salaries (Mcrc Rehabilitation Inc's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
Where can I find the form 990 for Mcrc Rehabilitation Inc?
Mcrc Rehabilitation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mcrc Rehabilitation Inc
Mcrc Rehabilitation Inc, a dedicated nonprofit organization, is committed to providing housing for the elderly and disabled. This public housing facility, while unspecified in location, focuses on offering a safe and supportive living environment for those who require special care and assistance. By fulfilling this mission, Mcrc Rehabilitation Inc strives to enhance the quality of life for its residents, providing them with a sense of belonging and independence.
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Impact
June, 2024
Mcrc Rehabilitation Inc's impact is significant in the community of Galesburg, IL as it provides essential housing for the elderly and disabled individuals. By fulfilling its mission to offer housing to these vulnerable populations, Mcrc Rehabilitation Inc helps ensure that these individuals have a safe and supportive place to live. This not only addresses their basic needs for shelter but also contributes to their overall well-being and quality of life. Additionally, by focusing on mental health through its services, Mcrc Rehabilitation Inc plays a crucial role in promoting the mental well-being of its residents, further enhancing its impact on the community.
This information is meant to be a general summary of Mcrc Rehabilitation 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: $22
- Program Service Revenue: $221,268
- Gross Receipts: $223,608
Assets and Liabilities:
- Total Assets: $350,212
- Total Liabilities: $727,300
- Net Assets: -$377,088
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING ASSISTANCE PMT
Revenue
$157,253
APARTMENT CARRY CHARGE
Revenue
$64,015
Organization Details
Founding Year
1987
Phone
(309) 344-2323Principal Officer
William Nelson
Main Address
2323 N WINDISH DRIVE, GALESBURG, IL, 61401
NTEE Category
Code: F33Z - Mental health
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