Overview
What is Blue River Housing Corp?
Blue River Housing Corp is a nonprofit organization based in Fort Gratiot, Michigan. Its primary mission is to provide homes and supportive services to individuals who are mentally impaired or disabled. Specifically, they manage housing programs for both CMH and HUD, ensuring maintenance and additional services like snow removal. Their core activity revolves around offering services to help those in need, contributing to the well-being of the disabled and mentally impaired community in their area. The organization is staffed by approximately 10 employees, demonstrating their commitment to helping vulnerable individuals.
What are the reviews and ratings of this charity?
Charity Navigator rating: 80% (Three-Star out of Four Star rating)
Blue River Housing Corp has received a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization excels in its board governance, with 87% of its board members being independent and a well-documented conflict of interest policy. Additionally, it has shown no material diversion of assets, which reflects positively on its financial integrity.
The nonprofit demonstrates a high program expense ratio of 97.83%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. This efficiency in fund allocation is a crucial strength, ensuring that donations are effectively utilized to achieve its mission.
However, while the organization boasts a commendable financial standing, there are no additional insights or user feedback provided regarding the overall impact or effectiveness of its programs. This limitation might leave potential donors wanting more information before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Blue River Housing Corp legitimate?
Blue River Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue River Housing Corp 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: $173,730
For more financial information, click here
What is the mission statement of Blue River Housing Corp?
Blue River Housing Corp is dedicated to offering services for individuals who are disabled and mentally impaired. The organization's primary mission is to provide homes and necessary maintenance, including snow removal, for both CMH and HUD housing programs. Their goal is to ensure a comfortable living environment for these individuals, thereby enhancing their quality of life.
Who is the CEO of Blue River Housing Corp?
Edward Schultz is the President of Blue River Housing Corp.
What is the revenue of Blue River Housing Corp?
Blue River Housing Corp's revenue in 2022 was $589,557.
Who are the executives of Blue River Housing Corp and what are their salaries?
The average compensation at Blue River Housing Corp during 2022 was $17,373. There are 10 employees at Blue River Housing Corp.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $15,463
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Blue River Housing Corp?
Blue River Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Blue River Housing Corp
Blue River Housing Corp, a non-profit organization, is dedicated to providing essential services for individuals who are mentally impaired or disabled. Specifically, their mission is to create a welcoming environment for these individuals, ensuring they have access to suitable housing. This includes maintaining homes for Community Mental Health (CMH) housing programs and handling tasks such as snow removal. Furthermore, Blue River Housing Corp expands its services to include housing programs funded by the Department of Housing and Urban Development (HUD). In summary, Blue River Housing Corp strives to improve the quality of life for those in need, by offering housing solutions and ensuring the necessary upkeep for both CMH and HUD programs.
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Impact
July, 2024
Blue River Housing Corp's impact lies in its crucial role in providing homes and support services to disabled and mentally impaired individuals in Fort Gratiot, MI. By offering housing through CMH programs and overseeing maintenance tasks such as snow removal for both CMH and HUD housing, Blue River Housing Corp directly enhances the quality of life for those in need. Through its dedicated mission, Blue River Housing Corp contributes significantly to the well-being and stability of mentally impaired individuals, thereby fulfilling a vital societal need.
This information is meant to be a general summary of Blue River Housing Corp. 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: $16,228
- Program Service Revenue: $567,500
- Gross Receipts: $674,928
Assets and Liabilities:
- Total Assets: $1,473,827
- Total Liabilities: $295,096
- Net Assets: $1,178,731
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL AND MAINTENANCE
Revenue
$567,500
Organization Details
Founding Year
1984
Phone
(810) 385-4463Principal Officer
Edward Schultz
Main Address
3051 COMMERCE DRIVE SUITE 5, FORT GRATIOT, MI, 48059
NTEE Category
Code: F33Z - Mental health
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