Overview
What is Christian Retirement Home Inc?
Christian Retirement Home Inc, operating under the name Christian Manor, is a dedicated nonprofit organization based in Detroit, Michigan. Their primary mission is to cater to the needs of elderly and handicapped individuals, offering them a living environment and specialized services tailored to their physical, social, and psychological requirements. This aim is instrumental in promoting their health, security, and overall happiness, enabling them to live comfortably for a longer period. The organization operates a 42-unit apartment complex, and the charges for these facilities and services are determined on a break-even basis.
Official website here: www.samaritas.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64% (Two-Star out of Four Stars)
Christian Retirement Home Inc has received a Two-Star rating from Charity Navigator, indicating a moderate performance in terms of accountability and finance. The overall score is derived solely from their accountability and finance metrics, which scored 64%. This rating suggests there are areas for improvement, particularly regarding financial ratios.
The organization demonstrates strong governance practices, with 100% of its board members being independent and maintaining policies for conflict of interest and whistleblower protections. Additionally, they have a solid structure in place for audit and oversight, reflecting a commitment to transparency and accountability.
However, the financial ratios raise concerns, particularly the liabilities to assets ratio of 321.55%, which indicates a potential risk in financial stability. Furthermore, the program expense ratio of 56.15% suggests that a significant portion of resources may not be directly contributing to the organization's mission. Overall, while the organization shows strong governance, financial sustainability and program efficiency warrant closer examination.
This AI summary has been generated from information found on Charity Navigator.
Is Christian Retirement Home Inc legitimate?
Christian Retirement Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian Retirement Home 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: $128,996
For more financial information, click here
Official website here: www.samaritas.org
What is the mission statement of Christian Retirement Home Inc?
Christian Retirement Home Inc's mission is centered around providing housing facilities and specialized services for elderly and handicapped individuals. The primary objective is to cater to their physical, social, and psychological needs, thereby promoting their health, security, and overall happiness. The organization operates on a break-even basis, ensuring the charges for these facilities and services are reasonable. Their 42-unit apartment complex is designed with this purpose in mind, offering a living environment that fosters the well-being of its residents.
Official website here: www.samaritas.org
Who is the CEO of Christian Retirement Home Inc?
Ann Murar is the Director of Christian Retirement Home Inc.
Official website here: www.samaritas.org
What is the revenue of Christian Retirement Home Inc?
Christian Retirement Home Inc's revenue in 2022 was $509,389.
Official website here: www.samaritas.org
Who are the executives of Christian Retirement Home Inc and what are their salaries?
There 5 volunteers at Christian Retirement Home Inc.
Here are 4 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
Official website here: www.samaritas.org
Where can I find the form 990 for Christian Retirement Home Inc?
Christian Retirement Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.samaritas.org
Learn more at the official website: www.samaritas.org
Mission Statement of Christian Retirement Home Inc
Christian Retirement Home Inc is dedicated to providing elderly and handicapped individuals with housing facilities and specialized services that cater to their physical, social, and psychological needs. This nonprofit organization strives to promote the health, security, and happiness of its residents, enabling them to live longer and more fulfilling lives. The services offered by Christian Retirement Home Inc are based on a break-even basis, ensuring that the charges are affordable while still maintaining the quality of care. The organization operates a 42-unit apartment complex, which serves as a home for its residents, providing them with a secure and supportive environment.
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
Christian Retirement Home Inc's impact lies in providing elderly and/or handicapped individuals with specialized housing facilities and services tailored to meet their physical, social, and psychological needs. By offering a supportive environment that promotes health, security, and happiness for residents, this organization contributes to the well-being and longevity of its beneficiaries in Detroit, MI. Through its 42-unit apartment complex, Christian Retirement Home Inc operates on a breakeven basis, ensuring affordable access to essential care and accommodations for vulnerable populations in the community. This commitment to human services underscores the organization's dedication to enhancing the quality of life for older adults and individuals with disabilities, making a tangible and meaningful difference in their everyday lives.
This information is meant to be a general summary of Christian Retirement Home 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: -$7,310
- Program Service Revenue: $470,438
- Gross Receipts: $516,891
Assets and Liabilities:
- Total Assets: $418,422
- Total Liabilities: $1,345,443
- Net Assets: -$927,021
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.
RENT REVENUE
Revenue
$460,391
SPECIAL CLAIMS REVENUE
Revenue
$6,619
LAUNDRY AND VENDING
Revenue
$2,188
FORFEITED SECURITY DEP
Revenue
$1,104
OTHER TENANT CHARGES
Revenue
$136
Organization Details
Founding Year
1983
Phone
(313) 823-7700Principal Officer
Ann Murar
Main Address
8131 E JEFFERSON AVE, DETROIT, MI, 48214
Website
www.samaritas.orgNTEE Category
Code: P75 - Human services
If you are a representative of Christian Retirement Home 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.