Overview
What is Bethany Presbyterian Manor?
Bethany Presbyterian Manor, also known as The Village of Bethany Manor, is a nonprofit organization situated in Detroit, Michigan. It offers housing and related services to senior adults with limited income, accommodating 52 apartments within its facility. The organization's primary mission is to provide essential living solutions and assistance to this specific demographic, aiming to enhance their quality of life. The team consists of six dedicated individuals who work tirelessly to achieve this goal.
Official website here: www.pvm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
Bethany Presbyterian Manor has received a Two-Star rating from Charity Navigator, indicating that there are areas needing significant improvement within the organization. The overall score of 69% reflects a mixed performance, with particular strengths in governance and financial oversight, such as having a fully independent board and a strong audit committee. However, the organization faces challenges in areas related to transparency and accountability.
While the nonprofit scored well on essential governance metrics, including accountability for material diversions of assets and maintaining board meeting minutes, it struggled with several key policies. Notably, Bethany Presbyterian Manor is lacking a conflict of interest policy, a whistleblower policy, and a document retention policy, which are critical for maintaining ethical standards and organizational integrity. Additionally, the absence of its tax form on the website may hinder transparency for potential donors and stakeholders.
Financially, the program expense ratio is strong at 83.41%, indicating that a substantial portion of its funds is directed towards its programs. However, the liabilities to assets ratio of 216.71% raises concerns about financial stability, suggesting that liabilities significantly exceed assets. This could impact the organization's long-term sustainability and its ability to fulfill its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Bethany Presbyterian Manor legitimate?
Bethany Presbyterian Manor is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethany Presbyterian Manor 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: $48,551
Professional Fundraising Fees: $0
Other Salaries and Wages: $84,380
For more financial information, click here
Official website here: www.pvm.org
What is the mission statement of Bethany Presbyterian Manor?
Bethany Presbyterian Manor's mission is centered around providing housing and essential services to senior adults who are financially disadvantaged. This mission is fulfilled through offering a range of accommodations, specifically 52 apartments, designed to cater to the needs of this demographic. The organization's primary goal is to ensure that these elderly individuals have access to necessary living facilities and related assistance.
Official website here: www.pvm.org
Who is the CEO of Bethany Presbyterian Manor?
Bunia Parker is the Administrator of Bethany Presbyterian Manor.
Official website here: www.pvm.org
What is the revenue of Bethany Presbyterian Manor?
Bethany Presbyterian Manor's revenue in 2022 was $557,833.
Official website here: www.pvm.org
Who are the executives of Bethany Presbyterian Manor and what are their salaries?
The average compensation at Bethany Presbyterian Manor during 2022 was $22,155. There are 6 employees and 8 volunteers at Bethany Presbyterian Manor.
Here are 9 key members and their salaries:
- Compensation: $50,824
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.pvm.org
Where can I find the form 990 for Bethany Presbyterian Manor?
Bethany Presbyterian Manor's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pvm.org
Learn more at the official website: www.pvm.org
Mission Statement of Bethany Presbyterian Manor
Bethany Presbyterian Manor is a nonprofit organization dedicated to serving low-income senior adults. Its mission is to provide them with housing and related services, ensuring they live with dignity and comfort. The facility, comprising 52 apartments, is designed to cater to their unique needs, offering a safe and supportive environment. By offering housing and associated services, Bethany Presbyterian Manor aims to contribute to the well-being of its senior residents, enabling them to maintain their independence and quality of life.
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Impact
July, 2024
Bethany Presbyterian Manor in Detroit, MI, has a significant impact on the community by providing housing and related services to low-income senior adults. With their 52 apartments, they offer a safe and supportive living environment for seniors in need. This allows them to age with dignity and receive the care and assistance they require. Through their mission of serving low-income seniors, Bethany Presbyterian Manor plays a vital role in addressing the housing needs of this vulnerable population in Detroit.
This information is meant to be a general summary of Bethany Presbyterian Manor. 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: $23
- Program Service Revenue: $554,388
- Gross Receipts: $557,833
Assets and Liabilities:
- Total Assets: $1,778,244
- Total Liabilities: $3,612,780
- Net Assets: -$1,834,536
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
apartment rental
Revenue
$554,388
Organization Details
Founding Year
1995
Phone
(313) 894-0430Principal Officer
Bunia Parker
Main Address
8737 14th St, Detroit, MI, 482062203
Website
www.pvm.orgNTEE Category
Code: L22 - Housing
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