Overview
What is Parkside Manor Inc?
Parkside Manor Inc is a nonprofit organization situated in Belvidere, Illinois, specifically at 628 West Lincoln Avenue. It adheres to HUD guidelines and regulations and operates on a nonprofit basis. The primary mission of Parkside Manor Inc is to provide elderly families and individuals with housing and related facilities and services, tailored to cater to their physical, social, and psychological needs. This approach aims to enhance their health, security, happiness, and overall usefulness during their later years. With a dedicated workforce of eight employees, Parkside Manor Inc contributes significantly to the well-being of its elderly residents, fostering an environment that promotes their longer living.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Parkside Manor Inc has achieved an impressive 94% rating from Charity Navigator, earning a Four-Star designation. This rating reflects the organization’s strong commitment to accountability and financial transparency, as indicated by a perfect score in several key areas, including independent board governance and financial audits. The rating is calculated entirely from the Accountability & Finance beacon, demonstrating that the organization prioritizes responsible financial management.
The nonprofit boasts a fully independent board, with all members being independent and fulfilling the necessary governance roles effectively. Additionally, Parkside Manor maintains rigorous financial controls, evidenced by high scores in conflict of interest policies, asset management, and document retention practices. The organization also demonstrates a strong program expense ratio of 97.85%, indicating that most of its funds are used directly for program services rather than administrative costs.
While the organization has received high marks for its financial practices, it is important for potential donors and stakeholders to consider the broader impact and effectiveness of its programs. However, the current data does not provide specific information about the outcomes of its initiatives. Overall, Parkside Manor Inc exemplifies financial integrity and transparency, making it a reliable choice for potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Parkside Manor Inc legitimate?
Parkside Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parkside Manor 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: $134,463
For more financial information, click here
What is the mission statement of Parkside Manor Inc?
Parkside Manor Inc's mission is centered around providing support for elderly families and individuals on a non-profit basis. They offer rental housing and related facilities and services, tailored to cater to the physical, social, and psychological needs of the elderly. The aim is to enhance their health, security, happiness, and usefulness in their later years. Governed by HUD guidelines and regulations, Parkside Manor Inc strives to contribute positively to the elderly's well-being.
Who is the CEO of Parkside Manor Inc?
John K Funderburg is the Secretary of Parkside Manor Inc.
What is the revenue of Parkside Manor Inc?
Parkside Manor Inc's revenue in 2022 was $470,164.
Who are the executives of Parkside Manor Inc and what are their salaries?
The average compensation at Parkside Manor Inc during 2022 was $16,808. There are 8 employees at Parkside Manor Inc.
Here are 5 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
Where can I find the form 990 for Parkside Manor Inc?
Parkside Manor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Parkside Manor Inc
Parkside Manor Inc is a non-profit organization dedicated to providing for the needs of elderly families and individuals. Their mission is to offer rental housing and related facilities and services that are specifically designed to cater to the physical, social, and psychological needs of the elderly. By doing so, Parkside Manor aims to contribute to the health, security, happiness, and usefulness of these individuals, enabling them to live longer, fulfilling lives. Governed by HUD guidelines and regulations, Parkside Manor Inc provides a sanctuary where elderly families and individuals can find support, comfort, and care, ensuring their well-being and overall quality of life.
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
July, 2024
Parkside Manor Inc's impact lies in its provision of rental housing and related facilities and services specifically designed to meet the physical, social, and psychological needs of elderly families and individuals. By adhering to HUD guidelines and regulations, Parkside contributes to the health, security, happiness, and usefulness of the aged population in longer living. Through its mission-focused approach, Parkside Manor Inc positively impacts the lives of elderly residents in Belvidere, IL, by offering a supportive and caring living environment tailored to their unique needs.
This information is meant to be a general summary of Parkside Manor 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: $80
- Program Service Revenue: $448,609
- Gross Receipts: $470,164
Assets and Liabilities:
- Total Assets: $642,458
- Total Liabilities: $62,705
- Net Assets: $579,753
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.
RENTS - HUD SECTION 202
Revenue
$448,609
Organization Details
Founding Year
1966
Phone
(815) 547-7595Principal Officer
John K Funderburg
Main Address
628 WEST LINCOLN AVENUE, BELVIDERE, IL, 61008
NTEE Category
Code: L990 - Housing
If you are a representative of Parkside Manor Inc 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.