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B'Nai B'Rith Covenant House Of Peoria Inc Ii

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

EIN: 371302159 ✦ Peoria, IL ✦ Designated as a 501(c)(3)

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Overview

What is B'Nai B'Rith Covenant House Of Peoria Inc Ii?

B'Nai B'Rith Covenant House of Peoria Inc II is a nonprofit organization situated in Peoria, Illinois. Their primary objective is to offer affordable housing solutions for the elderly and individuals with disabilities. This community-focused organization aims to provide a living space that meets the unique needs of its residents, ensuring a comfortable and secure environment for its elderly and handicapped population.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67% (Two-Star out of Four Star rating).

B'Nai B'Rith Covenant House Of Peoria Inc II demonstrates a strong commitment to accountability and financial oversight, evidenced by its 100% independent board members and an effective audit committee. The organization allocates a significant portion of its expenses, 82.05%, directly to its programs, which is a positive indicator of its focus on mission-driven activities.

However, there are notable weaknesses in the charity's governance practices, as it is missing several key policies including a conflict of interest policy, a whistleblower policy, and guidelines for document retention and destruction. Additionally, the charity's financial health raises concerns, with a liabilities to assets ratio of 185.36%, indicating potential financial instability. Overall, while the organization excels in certain areas, it would benefit from improving its governance and financial management practices.


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

Is B'Nai B'Rith Covenant House Of Peoria Inc Ii legitimate?

B'Nai B'Rith Covenant House Of Peoria Inc Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. B'Nai B'Rith Covenant House Of Peoria Inc Ii 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: $0

For more financial information, click here

What is the mission statement of B'Nai B'Rith Covenant House Of Peoria Inc Ii?

The mission of B'Nai B'Rith Covenant House Of Peoria Inc II is centered around providing affordable housing solutions. This organization specifically focuses on catering to the needs of the elderly and individuals with disabilities. The primary objective of this organization is to offer low-rent housing, ensuring that these vulnerable groups have a suitable living environment.

Who is the CEO of B'Nai B'Rith Covenant House Of Peoria Inc Ii?

Michael Stone is the President of B'Nai B'Rith Covenant House Of Peoria Inc Ii.

What is the revenue of B'Nai B'Rith Covenant House Of Peoria Inc Ii?

B'Nai B'Rith Covenant House Of Peoria Inc Ii's revenue in 2022 was $884,874.

Who are the executives of B'Nai B'Rith Covenant House Of Peoria Inc Ii and what are their salaries?


Here are 13 key members and their salaries:


Michael Stone (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Fenton Md (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Vogel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Katz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elma Mathews (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Schmidt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Wetchler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francesca A Armmer Phd Rn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Eggert (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Harkness (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Miller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Patrick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Reichel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for B'Nai B'Rith Covenant House Of Peoria Inc Ii?

B'Nai B'Rith Covenant House Of Peoria Inc Ii's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of B'Nai B'Rith Covenant House Of Peoria Inc Ii

B'Nai B'Rith Covenant House of Peoria II is an organization dedicated to serving the elderly and handicapped community. Its mission is centered around providing affordable housing options for these individuals, ensuring they have a place to call home. The organization's purpose is to make a significant impact in the lives of the elderly and handicapped by offering them the opportunity to live independently while being supported by a community that cares. By providing low-rent housing, B'Nai B'Rith Covenant House of Peoria II aims to enhance the quality of life for its residents, offering them a safe and comfortable living environment.

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Impact




October, 2024

B'Nai B'Rith Covenant House Of Peoria Inc II significantly impacts the lives of elderly and handicapped individuals in Peoria, IL, by providing affordable housing options. By offering low-rent housing, the organization helps alleviate financial burdens for vulnerable populations, ensuring that they have a safe and supportive environment to live in. This support fosters dignity and independence, allowing residents to maintain a higher quality of life. The emphasis on accessibility also enhances the overall well-being of its residents, promoting inclusivity within the community. Through its dedication to serving these groups, B'Nai B'Rith Covenant House plays a vital role in enhancing the social fabric and well-being of the Peoria area.




This information is meant to be a general summary of B'Nai B'Rith Covenant House Of Peoria Inc Ii. 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
$884,874 (2022)
Expenses
$1,093,202 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $78
  • Program Service Revenue: $201,627
  • Gross Receipts: $884,874

Assets and Liabilities:

  • Total Assets: $2,048,454
  • Total Liabilities: $3,797,044
  • Net Assets: -$1,748,590

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Programs

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

LOW INCOME HOUSING

Revenue

$201,627

Organization Details

Founding Year

1992

Principal Officer

Michael Stone

Main Address

215 W SAM J STONE AVENUE, PEORIA, IL, 61605

NTEE Category

Code: X20Z - Religion related

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