Overview
What is Eden Manor Nonprofit Housing Corp?
Eden Manor Nonprofit Housing Corp is a charitable organization situated in Detroit, Michigan, specifically at 18040 Coyle. Their primary mission is to offer subsidized housing to eligible elderly individuals through Section 202 HUD-assisted programs. The organization aims to enhance their residents' health, security, and overall happiness within a 65-unit housing complex. Additionally, Eden Manor extends its services to provide Section 8 housing to qualified low-income individuals, ensuring they have access to safe and affordable living spaces.
Official website here: www.evangelicalhomes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star Rating
Eden Manor Nonprofit Housing Corp has received an 84% score from Charity Navigator, indicative of its solid performance in accountability and finance. The organization excels in areas such as having a fully independent board and a strong financial oversight committee, both scoring maximum points. Additionally, it maintains a low liabilities to assets ratio, demonstrating financial stability and a commitment to directing a significant portion of its budget toward programs.
However, there are notable weaknesses in governance policies, as indicated by the absence of a conflict of interest policy, whistleblower policy, and document retention procedures, which received zero points in those categories. This raises concerns about transparency and the potential for mismanagement. Moreover, the nonprofit has not made its tax form available on its website, which could hinder public access to important financial information.
Overall, while Eden Manor Nonprofit Housing Corp shows financial strength and a commitment to its mission through high program expense ratios, it should address its governance gaps to enhance its accountability and fully meet best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Eden Manor Nonprofit Housing Corp legitimate?
Eden Manor Nonprofit Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eden Manor Nonprofit 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: $0
For more financial information, click here
Official website here: www.evangelicalhomes.org
What is the mission statement of Eden Manor Nonprofit Housing Corp?
Eden Manor Nonprofit Housing Corp's mission is centered around providing Section 8 housing to qualified low-income individuals. This organization goes beyond just offering housing; it also provides essential services to its residents. Additionally, Eden Manor provides Section 202 HUD-assisted subsidized rental housing specifically for elderly individuals. The goal is to enhance their health, security, and overall happiness in a 65-unit housing complex.
Official website here: www.evangelicalhomes.org
Who is the CEO of Eden Manor Nonprofit Housing Corp?
Thomas Hosinski is the President of Eden Manor Nonprofit Housing Corp.
Official website here: www.evangelicalhomes.org
What is the revenue of Eden Manor Nonprofit Housing Corp?
Eden Manor Nonprofit Housing Corp's revenue in 2023 was $532,360.
Official website here: www.evangelicalhomes.org
Who are the executives of Eden Manor Nonprofit Housing Corp and what are their salaries?
There 7 volunteers at Eden Manor Nonprofit Housing Corp.
Here are 7 key members and their salaries:
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Official website here: www.evangelicalhomes.org
Where can I find the form 990 for Eden Manor Nonprofit Housing Corp?
Eden Manor Nonprofit Housing Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.evangelicalhomes.org
Learn more at the official website: www.evangelicalhomes.org
Mission Statement of Eden Manor Nonprofit Housing Corp
Eden Manor Nonprofit Housing Corp is committed to providing Section 8 housing to qualified low-income individuals, going beyond merely offering housing. This mission includes offering essential services to its residents. In addition, the organization offers Section 202 HUD-assisted subsidized rental housing specifically designed for elderly individuals. The aim is to promote their health, security, and happiness within a 65-unit housing complex. Eden Manor Nonprofit Housing Corp strives to create a living environment that caters to the specific needs of its elderly residents, thereby contributing to their overall well-being.
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Impact
July, 2024
Eden Manor Nonprofit Housing Corp's impact in Detroit, MI, is significant in providing essential housing support to qualified low-income individuals, including services to enhance their quality of life. Specifically, the organization offers Section 8 housing to eligible individuals, ensuring access to safe and affordable housing options in the community. Additionally, Eden Manor provides HUD-assisted subsidized rental housing for elderly individuals, supporting their health, security, and happiness within a dedicated 65-unit housing complex. Through these initiatives, Eden Manor contributes to the well-being and stability of low-income and elderly residents in Detroit, enhancing the overall quality of life in the community.
This information is meant to be a general summary of Eden Manor Nonprofit 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 2023.
- Investment Income: $36
- Program Service Revenue: $250,471
- Gross Receipts: $532,576
Assets and Liabilities:
- Total Assets: $749,773
- Total Liabilities: $144,235
- Net Assets: $605,538
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS - NET
Revenue
$250,471
Organization Details
Founding Year
1993
Phone
(313) 653-0536Principal Officer
Thomas Hosinski
Main Address
18040 COYLE, DETROIT, MI, 48235
Website
www.evangelicalhomes.orgNTEE Category
Code: L210 - Housing
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