Overview
What is Cleveland Manor Ii Inc?
Cleveland Manor II Inc is a nonprofit organization situated in Midland, Michigan, specifically at 2200 Cleveland Avenue. Their primary mission is to offer affordable housing options for older adults and individuals with disabilities, fostering a sense of community. The organization specializes in providing low-income housing to seniors aged 62 or older, as well as individuals with disabilities, ensuring that they have a secure living environment.
Official website here: www.clevelandmanor.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Cleveland Manor II Inc has received a Two-Star rating from Charity Navigator, indicating that it needs improvement. The organization scored 74% overall, reflecting positive aspects in governance with 100% of board members being independent and a solid performance in financial oversight, including a perfect score for its audit and oversight committee. However, the organization did not score well in some key areas, such as its liabilities to assets ratio, which stands at 114.72%, suggesting financial instability.
The nonprofit also has strengths in transparency and conflict of interest policies, as it has proper documentation for board meeting minutes and fulfills most governance requirements. However, it lacks a whistleblower policy and has not posted its tax form on its website, which are significant omissions in terms of accountability and public accessibility.
While Cleveland Manor II Inc demonstrates commitment to independent governance and effective program spending, the financial metrics raise concerns that may affect its long-term sustainability and ability to fulfill its mission. Addressing these weaknesses could enhance its rating and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Cleveland Manor Ii Inc legitimate?
Cleveland Manor Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cleveland Manor Ii Inc 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: $53,180
Professional Fundraising Fees: $0
Other Salaries and Wages: $166,470
For more financial information, click here
Official website here: www.clevelandmanor.org
What is the mission statement of Cleveland Manor Ii Inc?
Cleveland Manor II Inc. is committed to providing affordable housing for senior citizens aged 62 or older and individuals with disabilities. Their mission is to create a community setting where these individuals can reside comfortably. Their primary objective is to ensure that low-income individuals in these categories have access to suitable housing options. The organization strives to provide a living environment that caters to the unique needs of its residents, offering them a sense of security and comfort.
Official website here: www.clevelandmanor.org
Who is the CEO of Cleveland Manor Ii Inc?
Mary Laffey is the Director of Cleveland Manor Ii Inc.
Official website here: www.clevelandmanor.org
What is the revenue of Cleveland Manor Ii Inc?
Cleveland Manor Ii Inc's revenue in 2022 was $693,728.
Official website here: www.clevelandmanor.org
Who are the executives of Cleveland Manor Ii Inc and what are their salaries?
Here are 13 key members and their salaries:
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- Related: $111,092
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Official website here: www.clevelandmanor.org
Where can I find the form 990 for Cleveland Manor Ii Inc?
Cleveland Manor Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.clevelandmanor.org
Learn more at the official website: www.clevelandmanor.org
Mission Statement of Cleveland Manor Ii Inc
Cleveland Manor II Inc, a nonprofit organization, is dedicated to providing affordable housing for seniors aged 62 or older, as well as individuals with disabilities. The mission of this organization is to create a community setting where these individuals can reside with ease and comfort. By offering low-income housing, Cleveland Manor II Inc aims to ensure that older adults and people with disabilities have a secure and accessible living environment, enabling them to maintain their independence and dignity.
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Impact
July, 2024
Cleveland Manor II Inc's impact lies in providing affordable housing to seniors aged 62 or older and disabled individuals in the community of Midland, MI. Their mission is centered around ensuring that older adults and people with disabilities have access to safe and affordable housing options. By offering low-income housing opportunities, Cleveland Manor II Inc positively impacts the lives of these individuals by providing them with a stable and supportive living environment.
This information is meant to be a general summary of Cleveland Manor Ii Inc. 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: $183
- Program Service Revenue: $675,151
- Gross Receipts: $693,728
Assets and Liabilities:
- Total Assets: $1,747,291
- Total Liabilities: $2,076,625
- Net Assets: -$329,334
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HAP PAYMENTS
Revenue
$380,599
TENANT RENT
Revenue
$285,477
LAUNDRY
Revenue
$4,929
LOST RENT(VACANCY CLAI
Revenue
$3,146
TENANT CHARGES
Revenue
$1,000
Organization Details
Founding Year
1979
Phone
(989) 631-6480Principal Officer
Mary Laffey
Main Address
2200 CLEVELAND AVENUE, MIDLAND, MI, 48640
Website
www.clevelandmanor.orgNTEE Category
Code: L21 - Housing
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