Overview
What is Evangelical Manor Inc Nonprofit Housing Corporation?
Evangelical Manor Inc Nonprofit Housing Corporation is a charitable organization situated in Detroit, Michigan, specifically at 6720 W Outer Drive. Their primary mission is to manage a 65-unit rental apartment complex, which falls under the regulation of the U.S. Department of Housing and Urban Development in terms of rent charges and operational expenses. The organization's primary purpose is to provide Section 8 housing to qualified low-income individuals, ensuring they have access to affordable living spaces. Beyond housing, Evangelical Manor Inc also offers associated services to support its residents, making a substantial contribution to the local community.
Official website here: www.evangelicalhomes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 69%)
Evangelical Manor Inc Nonprofit Housing Corporation has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations and financial practices. The organization's Accountability and Finance score is 69%, reflecting some strengths, including a fully independent board and a solid audit and oversight committee. However, the significant liabilities to assets ratio of 172.57% raises concerns about its financial stability.
The nonprofit excels in its program expense ratio, with 82.17% of its expenditures directed towards its programs, showcasing a commitment to its mission. Additionally, the organization has a good governance structure with majority independent board members and documented meeting minutes. Nevertheless, the absence of critical policies, such as a conflict of interest policy, whistleblower policy, and document retention policy, points to areas needing urgent attention.
Furthermore, the lack of financial transparency is highlighted by the missing tax form on its website, which undermines trust and accountability. To strengthen its standing, Evangelical Manor Inc should focus on implementing the missing policies and improving its financial health to better serve its community and enhance donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Evangelical Manor Inc Nonprofit Housing Corporation legitimate?
Evangelical Manor Inc Nonprofit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Evangelical Manor Inc Nonprofit Housing Corporation 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
Official website here: www.evangelicalhomes.org
What is the mission statement of Evangelical Manor Inc Nonprofit Housing Corporation?
Evangelical Manor Inc Nonprofit Housing Corporation's mission is centered around providing Section 8 housing to qualified low-income individuals. This mission includes offering supportive services alongside the housing. The organization manages a 65-unit rental complex, which is regulated by the U.S. Department of Housing and Urban Development, determining both rent charges and operating expenses. In essence, Evangelical Manor is committed to offering affordable housing and additional assistance to individuals in need.
Official website here: www.evangelicalhomes.org
What is the revenue of Evangelical Manor Inc Nonprofit Housing Corporation?
Evangelical Manor Inc Nonprofit Housing Corporation's revenue in 2024 was $774,279.
Official website here: www.evangelicalhomes.org
Who are the executives of Evangelical Manor Inc Nonprofit Housing Corporation and what are their salaries?
There 9 volunteers at Evangelical Manor Inc Nonprofit Housing Corporation.
Here are 9 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
- 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
Official website here: www.evangelicalhomes.org
Where can I find the form 990 for Evangelical Manor Inc Nonprofit Housing Corporation?
Evangelical Manor Inc Nonprofit Housing Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.evangelicalhomes.org
Learn more at the official website: www.evangelicalhomes.org
Mission Statement of Evangelical Manor Inc Nonprofit Housing Corporation
Evangelical Manor Inc Nonprofit Housing Corporation is dedicated to providing Section 8 housing and related services to qualified low-income individuals. This nonprofit organization manages a 65-unit rental apartment complex, ensuring that the rent charges and operating expenses are regulated by the U.S. Department of Housing and Urban Development. By offering Section 8 housing, Evangelical Manor Inc Nonprofit Housing Corporation is committed to making affordable living options available to those in need, thereby contributing to a more equitable housing landscape.
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
Evangelical Manor Inc's impact lies in providing affordable housing opportunities to qualified low-income persons in Detroit, MI. By managing a 65-unit rental apartment complex regulated by the U.S. Department of Housing and Urban Development, they ensure that individuals and families have access to safe and stable living environments. Through their mission to provide Section 8 housing and associated services, Evangelical Manor Inc contributes to addressing the pressing issue of housing affordability and accessibility in the community.
This information is meant to be a general summary of Evangelical Manor Inc Nonprofit Housing Corporation. 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 2024.
- Investment Income: $359
- Program Service Revenue: $267,753
- Gross Receipts: $774,279
Assets and Liabilities:
- Total Assets: $1,446,410
- Total Liabilities: $2,496,214
- Net Assets: -$1,049,804
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.
RENTS - NET
Revenue
$267,753
Organization Details
Founding Year
1991
Principal Officer
Thomas Hosinski
Website
www.evangelicalhomes.orgNTEE Category
Code: L20Z - Housing
If you are a representative of Evangelical Manor Inc Nonprofit Housing Corporation 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.