Overview
What is Mcgregor Independent Senior Housing?
Mcgregor Independent Senior Housing is a nonprofit organization situated in East Cleveland, Ohio. Their primary mission is to offer high-quality, affordable housing for the impoverished elderly, currently accommodating 26 individuals. Beyond providing a safe living space, they offer service coordination to help seniors remain independent in their apartments for as long as possible. Their activities are aligned with Section 202 of the National Housing Act, focusing on offering rental housing facilities and associated services to eligible senior citizens. Their purpose is to enhance the well-being of elderly individuals, promoting their health, security, happiness, and usefulness in extended living, all while operating on a nonprofit and charitable basis.
Official website here: www.mcgregoramasa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Stars
McGregor Independent Senior Housing has achieved a commendable Four-Star rating from Charity Navigator, reflecting a robust commitment to accountability and financial health. The organization's overall score is derived from a single beacon, which emphasizes strong governance, evidenced by a fully independent board and the absence of material asset diversion. Additionally, their financial practices are solid, with a zero liability to assets ratio and a high program expense ratio of 81.81%.
Strengths noted include a comprehensive conflict of interest policy, effective document retention practices, and the availability of board meeting minutes, which all contribute to the organization's transparency and good governance. The high score in accountability indicates that McGregor Independent Senior Housing is effectively managing its resources to serve its community, particularly in providing housing for seniors.
However, the organization is marked down in one area: it lacks a whistleblower policy, which is essential for maintaining transparency and encouraging ethical behavior. Despite this limitation, the overall rating reflects a strong reputation and indicates that McGregor Independent Senior Housing is a responsible steward of donor funds.
This AI summary has been generated from information found on Charity Navigator.
Is Mcgregor Independent Senior Housing legitimate?
Mcgregor Independent Senior Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcgregor Independent Senior Housing 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: $12,071
For more financial information, click here
Official website here: www.mcgregoramasa.org
What is the mission statement of Mcgregor Independent Senior Housing?
McGregor Independent Senior Housing is committed to providing rental housing facilities for qualified senior citizens, as per Section 202 of the National Housing Act. Their mission is to cater to the physical, social, and psychological needs of elderly individuals residing in these facilities, promoting their health, security, happiness, and usefulness in prolonged living. The cost for these facilities and services is based on the provision, maintenance, and operation of the housing complex on a non-profit and charitable basis.
Official website here: www.mcgregoramasa.org
Who is the CEO of Mcgregor Independent Senior Housing?
Jennifer Hayes is the Ceo of Mcgregor Independent Senior Housing. The CEO's salary of Mcgregor Independent Senior Housing is $0 and their total compensation is $394,752.
Official website here: www.mcgregoramasa.org
What is the revenue of Mcgregor Independent Senior Housing?
Mcgregor Independent Senior Housing's revenue in 2022 was $58,680.
Official website here: www.mcgregoramasa.org
Who are the executives of Mcgregor Independent Senior Housing and what are their salaries?
There 25 volunteers at Mcgregor Independent Senior Housing.
Here are 29 key members and their salaries (Mcgregor Independent Senior Housing's CEO's salary is $0 and their total compensation is $394,752):
- Compensation: $0
- Related: $349,411
- Other: $45,341
- Compensation: $0
- Related: $148,985
- Other: $21,687
- Compensation: $0
- Related: $119,659
- Other: $9,855
- Compensation: $0
- Related: $118,911
- Other: $3,017
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- Other: $0
Official website here: www.mcgregoramasa.org
Where can I find the form 990 for Mcgregor Independent Senior Housing?
Mcgregor Independent Senior Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcgregoramasa.org
Learn more at the official website: www.mcgregoramasa.org
Mission Statement of Mcgregor Independent Senior Housing
McGregor Independent Senior Housing is committed to providing rental housing facilities and related services to eligible senior citizens, in alignment with Section 202 of the National Housing Act. Their mission is rooted in the provision of housing facilities and services that cater specifically to the physical, social, and psychological needs of elderly individuals, aiming to promote their health, security, happiness, and overall well-being in their journey towards longer living. Remarkably, the costs associated with these facilities and services are maintained on a non-profit and charitable basis.
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Impact
October, 2024
McGregor Independent Senior Housing significantly impacts the lives of elderly individuals in East Cleveland by providing quality, affordable housing that caters specifically to their needs. By offering 26 rental units, it creates a secure and supportive environment for impoverished seniors, allowing them to maintain their independence while receiving essential services.
The facility focuses on addressing the physical, social, and psychological needs of its residents, helping to enhance their overall health, security, and happiness. Additionally, the on-site service coordination ensures that tenants have access to the necessary resources, enabling them to remain in their apartments for as long as possible. This not only improves their quality of life but also fosters a sense of community among residents, contributing to their well-being and sense of purpose as they navigate their later years. Through these efforts, McGregor Independent Senior Housing plays a vital role in promoting the dignity and usefulness of older adults within the community.
This information is meant to be a general summary of Mcgregor Independent Senior Housing. 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: $11
- Program Service Revenue: $58,669
- Gross Receipts: $58,680
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$58,669
Organization Details
Founding Year
2006
Phone
(216) 851-8200Principal Officer
Jennifer Hayes
Main Address
14900 Private Drive, East Clevelend, OH, 44112
Website
www.mcgregoramasa.orgNTEE Category
Code: L22 - Housing
If you are a representative of Mcgregor Independent Senior Housing 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.