Overview
What is Rademacher Lodge Nonprofit Housing?
Rademacher Lodge Nonprofit Housing is a charitable organization situated in Detroit, Michigan. Its primary focus is providing supportive housing for low-income individuals, particularly those who have been discharged from mental health facilities. The organization operates a 15-unit residential building, offering independent living services designed to enhance the well-being of its residents. In essence, Rademacher Lodge aims to offer a supportive environment for its residents, fostering their independence and overall improvement in health and living conditions.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: Needs Improvement
Rademacher Lodge Nonprofit Housing has received a Two-Star out of Four Star rating, indicating that while it demonstrates strong accountability and finance practices, there are significant weaknesses in its financial transparency. The organization scores a perfect 100% in accountability, highlighted by an independent board and robust conflict of interest policies, but it struggles with financial disclosure, scoring zero in several key areas related to financial statements and the posting of necessary documents on its website.
Despite the financial transparency issues, Rademacher Lodge demonstrates effective program management, as evidenced by a high program expense ratio. This suggests that the majority of their funds are directed toward fulfilling their mission of providing housing assistance. Nevertheless, the lack of accessible financial information raises concerns about overall governance and could hinder donor trust and engagement.
Users and donors may appreciate the strong ethical framework and governance practices but should be cautious about the organization's financial reporting deficiencies. Addressing these transparency issues could significantly enhance its credibility and operational effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Rademacher Lodge Nonprofit Housing legitimate?
Rademacher Lodge Nonprofit Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rademacher Lodge Nonprofit Housing 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 Rademacher Lodge Nonprofit Housing?
Rademacher Lodge Nonprofit Housing is dedicated to providing supportive housing for low-income individuals, specifically for those who have been discharged from mental health institutions. The organization operates a residential building that offers independent living services, ensuring that these individuals can have a safe and stable place to call home. The aim is to improve the quality of life for these individuals and help them regain their independence. The housing also provides necessary support services to ensure a smooth transition back into society for the residents.
Who is the CEO of Rademacher Lodge Nonprofit Housing?
Sean De Four is the Ceo (Effective 03/2021) of Rademacher Lodge Nonprofit Housing. The CEO's salary of Rademacher Lodge Nonprofit Housing is $0 and their total compensation is $206,090.
What is the revenue of Rademacher Lodge Nonprofit Housing?
Rademacher Lodge Nonprofit Housing's revenue in 2022 was $140,257.
Who are the executives of Rademacher Lodge Nonprofit Housing and what are their salaries?
There 20 volunteers at Rademacher Lodge Nonprofit Housing.
Here are 24 key members and their salaries (Rademacher Lodge Nonprofit Housing's CEO's salary is $0 and their total compensation is $206,090):
- 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
- 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
- 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
- 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
- Compensation: $0
- Related: $74,400
- Other: $0
- Compensation: $0
- Related: $244,888
- Other: $16,625
- Compensation: $0
- Related: $191,638
- Other: $14,452
- Compensation: $0
- Related: $186,030
- Other: $21,737
Where can I find the form 990 for Rademacher Lodge Nonprofit Housing?
Rademacher Lodge Nonprofit Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rademacher Lodge Nonprofit Housing
Rademacher Lodge Nonprofit Housing, a charitable organization, is dedicated to providing supportive housing for low-income individuals. Specifically, their mission is to offer a 15-unit residential building that caters to individuals who have been discharged from mental health facilities, providing them with independent living services. By offering this type of housing, Rademacher Lodge Nonprofit Housing aims to help these individuals transition smoothly back into society, ensuring they have the necessary support to lead stable and fulfilling lives.
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
June, 2024
Rademacher Lodge provides essential supportive housing for low-income individuals in Detroit, Michigan. Their 15-unit rental building offers independent residential services for discharged mentally ill patients, fulfilling a crucial need in the community. By focusing on mental health support and affordable housing, Rademacher Lodge positively impacts the lives of individuals who may otherwise struggle to find stable housing and necessary resources. Their work helps create a supportive environment where vulnerable individuals can rebuild their lives and thrive.
This information is meant to be a general summary of Rademacher Lodge Nonprofit Housing. 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: $19
- Program Service Revenue: $140,238
- Gross Receipts: $140,257
Assets and Liabilities:
- Total Assets: $363,127
- Total Liabilities: $848,253
- Net Assets: -$485,126
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
$140,238
Organization Details
Founding Year
1989
Phone
(313) 841-8905Principal Officer
Sean De Four
Main Address
5716 MICHIGAN AVENUE 3000, DETROIT, MI, 48210
NTEE Category
Code: F33Z - Mental health
If you are a representative of Rademacher Lodge Nonprofit Housing 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.