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Beth-Anne Extended Living

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 364372019 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Beth-Anne Extended Living?

Beth-Anne Extended Living is a nonprofit organization situated in Chicago, Illinois. Its primary mission revolves around offering an assisted living facility for low-income elderly and disabled individuals. They provide not only housing but also ancillary services to their residents, encompassing activities and social services. This dedicated organization aims to enhance the quality of life for its residents, ensuring they live with dignity and support.


Official website here: www.bethelnewlife.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Beth-Anne Extended Living has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The overall score is based solely on a strong Accountability & Finance score of 81%. This reflects the organization's commitment to transparency and responsible financial management within the nonprofit sector.

Strengths of Beth-Anne Extended Living include a majority independent board, which ensures impartial decision-making, as well as high scores in areas such as financial oversight, conflict of interest policy, and the existence of a whistleblower policy. The organization has a commendable program expense ratio of 86.21%, suggesting a significant portion of its funds are directed towards its mission-driven programs.

However, the organization does have a concerning liability to assets ratio of 160.12%, which may indicate potential financial instability. While its accountability practices are robust, this high ratio could pose risks for future financial health, warranting attention from stakeholders and donors alike.


This AI summary has been generated from information found on Charity Navigator.

Is Beth-Anne Extended Living legitimate?

Beth-Anne Extended Living is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beth-Anne Extended Living 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: $239,529

For more financial information, click here


Official website here: www.bethelnewlife.org

What is the mission statement of Beth-Anne Extended Living?

Beth-Anne Extended Living is committed to providing assisted living and housing for low-income elderly and disabled individuals. Their primary goal is to operate an assisted living facility that caters to this specific demographic. In addition to the living accommodations, they offer ancillary services to their residents, such as activities and social services. The organization's mission is centered around enhancing the quality of life for these individuals, providing them with a supportive environment and essential services.


Official website here: www.bethelnewlife.org

Who is the CEO of Beth-Anne Extended Living?

Sharif Walker is the President / Ceo of Beth-Anne Extended Living. The CEO's salary of Beth-Anne Extended Living is $0 and their total compensation is $0.


Official website here: www.bethelnewlife.org

What is the revenue of Beth-Anne Extended Living?

Beth-Anne Extended Living's revenue in 2022 was $1,163,846.


Official website here: www.bethelnewlife.org

Who are the executives of Beth-Anne Extended Living and what are their salaries?

There 11 volunteers at Beth-Anne Extended Living.


Here are 11 key members and their salaries (Beth-Anne Extended Living's CEO's salary is $0 and their total compensation is $0):


Sharif Walker (President / Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Curtis (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vauna Hernandez (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lolita Slaughter (Finance Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mahomed Ouedrago (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Edelson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Bass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherman Hicks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dinah Huff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alberta Ludington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bethelnewlife.org

Where can I find the form 990 for Beth-Anne Extended Living?

Beth-Anne Extended Living's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bethelnewlife.org

Learn more at the official website: www.bethelnewlife.org

Mission Statement of Beth-Anne Extended Living

Beth-Anne Extended Living, as a nonprofit organization, is dedicated to providing assisted living and housing for low-income elderly and disabled individuals. Its primary mission is to create an environment where these individuals can reside comfortably, offering more than just a place to live. The organization goes beyond the basics, providing ancillary services to its residents, including social activities and support services. This holistic approach ensures that the residents are not only physically cared for but also have opportunities for social interaction and mental well-being. By offering such comprehensive services, Beth-Anne Extended Living aims to enhance the quality of life for its elderly and disabled residents, providing them with a supportive and nurturing community where they can thrive.

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Impact




October, 2024

Beth-Anne Extended Living plays a vital role in addressing the needs of low-income elderly and disabled individuals in Chicago, Illinois. By providing assisted living facilities, the organization offers a safe and supportive environment that empowers residents to maintain their independence while receiving necessary care.

The impact of Beth-Anne Extended Living extends beyond just housing. Through ancillary services, including social activities and comprehensive social services, residents are encouraged to engage with their community, fostering social connections that combat isolation. This holistic approach not only enhances the quality of life for individuals but also promotes dignity and respect for vulnerable populations.

In a city where access to affordable housing and specialized care can be limited, Beth-Anne Extended Living serves as a crucial resource, ensuring that elderly and disabled individuals receive the support they need to thrive. The organization contributes to a more inclusive society by addressing the unique challenges faced by these residents while enhancing their overall well-being.




This information is meant to be a general summary of Beth-Anne Extended Living. 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.

Revenue
$1,163,846 (2022)
Expenses
$1,418,994 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $25
  • Program Service Revenue: $1,163,821
  • Gross Receipts: $1,163,846

Assets and Liabilities:

  • Total Assets: $6,582,447
  • Total Liabilities: $10,540,386
  • Net Assets: -$3,957,939

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TENANT ASSISTANT PAYME

Revenue

$898,064

RENTAL REVENUE

Revenue

$265,757

Organization Details

Founding Year

2000

Principal Officer

Sharif Walker

Main Address

1140 N LAMON AVE, CHICAGO, IL, 60651

NTEE Category

Code: L22 - Housing

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