Overview
What is Moore Residential & Related Services?
Moore Residential & Related Services is a vital entity, serving as a supportive partner to two nonprofit organizations, Moore Non Profit Housing Corp. and Moore Apartment Non Profit Housing Corp. Based on the provided information, the company's primary role is to offer comprehensive payroll and administrative assistance to these two 501(c)(3) organizations. Nicole Krauss manages the operations, ensuring smooth and efficient service delivery. This collaboration allows the nonprofits to focus on their primary missions while Moore Residential & Related Services handles the administrative and payroll responsibilities. The company's role is pivotal in supporting these organizations in their efforts to contribute positively to their respective communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Moore Residential & Related Services has earned a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and finance management. The overall score is derived entirely from the Accountability & Finance beacon, indicating a strong emphasis on these aspects. With a score of 79%, the organization demonstrates effective financial practices, including independent board governance and comprehensive policies for conflict of interest, whistleblower protections, and document retention.
The organization showcases a high level of program expense ratio at 86.68%, which highlights its commitment to allocating resources towards its mission. Additionally, it scores full points in several areas, such as financial statement audits and the presence of independent board members, indicating transparency and sound governance practices. These strengths contribute positively to the organization's credibility and trustworthiness among donors and stakeholders.
However, a notable concern is the liabilities to assets ratio, which stands at 123.96%. This suggests potential financial stress, as liabilities exceed assets. While the organization excels in governance and transparency, addressing its financial leverage may be crucial for long-term sustainability and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Moore Residential & Related Services legitimate?
Moore Residential & Related Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moore Residential & Related Services 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: $321,067
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,866,209
For more financial information, click here
What is the mission statement of Moore Residential & Related Services?
Moore Residential & Related Services serves as a supportive hub for two 501(c)(3) organizations, Moore Non Profit Housing Corp. and Moore Apartment Non Profit Housing Corp., by providing them with essential payroll and administrative services. The company's primary role is to facilitate the smooth operation of these organizations, ensuring they can focus on their respective missions. While the company itself does not have a mission statement, its function is instrumental in supporting the missions of the organizations it serves, which may include affordable housing solutions or related social services. However, without further information, it's not possible to specify the exact missions of these organizations.
Who is the CEO of Moore Residential & Related Services?
Nicole Krauss is the Director of Moore Residential & Related Services. The CEO's salary of Moore Residential & Related Services is $139,111 and their total compensation is $139,111.
What is the revenue of Moore Residential & Related Services?
Moore Residential & Related Services's revenue in 2022 was $3,653,019.
Who are the executives of Moore Residential & Related Services and what are their salaries?
The average compensation at Moore Residential & Related Services during 2022 was $24,708. There are 129 employees and 6 volunteers at Moore Residential & Related Services.
Here are 8 key members and their salaries (Moore Residential & Related Services's CEO's salary is $139,111 and their total compensation is $139,111):
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $139,111
- Related: $0
- Other: $0
- Compensation: $101,981
- Related: $0
- Other: $0
- Compensation: $79,975
- Related: $0
- Other: $0
Where can I find the form 990 for Moore Residential & Related Services?
Moore Residential & Related Services's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Moore Residential & Related Services
Moore Residential & Related Services, a company led by Nicole Krauss, plays a crucial role in supporting two related 501(c)(3) organizations: Moore Non Profit Housing Corp. and Moore Apartment Non Profit Housing Corp. The company's mission is centered around providing essential payroll and administrative services to these nonprofits. By doing so, Moore Residential & Related Services enables these organizations to focus on their respective missions, which are dedicated to providing affordable housing solutions for underserved communities. The company's role is instrumental in ensuring the smooth operation of these nonprofits, thereby contributing to their overall impact in the field of affordable housing.
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Impact
July, 2024
Moore Residential & Related Services plays a crucial role in supporting the operations of Moore Non Profit Housing Corp. and Moore Apartment Non Profit Housing Corp. by providing payroll and administrative services. This allows these nonprofit organizations to focus on their mission of providing human services to the community without having to worry about the day-to-day administrative tasks. Nicole Krauss's leadership ensures that the vital work of these organizations continues smoothly and efficiently.
This information is meant to be a general summary of Moore Residential & Related Services. 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: $12,421
- Program Service Revenue: $3,630,608
- Gross Receipts: $3,653,019
Assets and Liabilities:
- Total Assets: $945,981
- Total Liabilities: $1,172,664
- Net Assets: -$226,683
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Administration fees
Revenue
$533,224
Payroll services
Revenue
$3,097,384
Organization Details
Founding Year
1987
Phone
(517) 393-2103Principal Officer
Nicole Krauss
Main Address
5900 Executive Drive, Lansing, MI, 48911
NTEE Category
Code: P73Z - Human services
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