Overview
What is Simeanna Iii Inc?
Simeanna Iiii Inc, located at 151 N Eagle St, Oshkosh, Wisconsin, is a nonprofit organization dedicated to providing housing for the elderly. With 78 units, the facility adheres to Section 8 regulations set by the HUD. The organization's primary mission is to offer quality care and life-enhancing opportunities to the aging population and those in need, all within a caring, Christian environment. This mission extends beyond just housing, as Simeanna Iiii Inc aims to enrich the lives of its residents.
Official website here: www.miravidaliving.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
Simeanna III Inc has received an 83% rating from Charity Navigator, which translates to a Three-Star rating. This score is derived from the organization's accountability and finance practices, reflecting a commitment to transparency and effective management. The charity demonstrates strong practices with a fully independent board and solid financial oversight, which are critical indicators of governance quality.
Among its strengths, Simeanna III Inc has scored exceptionally well on several accountability metrics, such as having all independent board members and a well-structured audit committee. Additionally, the organization has a commendable program expense ratio of 79.77%, indicating that a significant portion of its funding goes directly towards program services rather than administrative costs.
However, the organization scored lower in the liabilities to assets ratio, which sits at 67.12%. This suggests potential financial risk that may need to be monitored. Overall, while the charity exhibits strong governance and financial practices, prospective donors should consider this ratio when evaluating the organization's financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Simeanna Iii Inc legitimate?
Simeanna Iii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Simeanna Iii 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $201,511
For more financial information, click here
Official website here: www.miravidaliving.com
What is the mission statement of Simeanna Iii Inc?
Simeanna III Inc's mission is centered around providing quality care and enriching opportunities for the aging population and those in need. They strive to do this in a caring and Christian environment. The organization goes beyond just providing housing, as their mission includes enhancing the lives of those they serve. They offer apartment-style living for eligible individuals, adhering to Section 8 regulations set by the HUD.
Official website here: www.miravidaliving.com
Who is the CEO of Simeanna Iii Inc?
Theresa M Bertram is the President & Ceo of Simeanna Iii Inc. The CEO's salary of Simeanna Iii Inc is $0 and their total compensation is $395,232.
Official website here: www.miravidaliving.com
What is the revenue of Simeanna Iii Inc?
Simeanna Iii Inc's revenue in 2022 was $543,831.
Official website here: www.miravidaliving.com
Who are the executives of Simeanna Iii Inc and what are their salaries?
There 10 volunteers at Simeanna Iii Inc.
Here are 10 key members and their salaries (Simeanna Iii Inc's CEO's salary is $0 and their total compensation is $395,232):
- Compensation: $0
- Related: $395,232
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.miravidaliving.com
Where can I find the form 990 for Simeanna Iii Inc?
Simeanna Iii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.miravidaliving.com
Learn more at the official website: www.miravidaliving.com
Mission Statement of Simeanna Iii Inc
Simeanna III Inc, a nonprofit organization, is committed to providing quality care and enriching opportunities for the aging population and those in need. Operating in a compassionate, Christian environment, the mission of Simeanna III Inc is to enhance the lives of its residents. The organization offers apartment-style living for elderly individuals, ensuring they meet the requirements under Section 8 of the HUD regulations. By providing a nurturing environment, Simeanna III Inc aims to support the well-being and fulfillment of its residents, promoting a sense of community and dignity among its residents.
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Impact
July, 2024
Simeanna III Inc's impact lies in providing housing for aging persons in Oshkosh, WI. With 78 units that qualify under Section 8 of HUD regulations, this organization offers apartment-style living in a caring, Christian environment. Their mission is to provide quality care and life-enriching opportunities to the aging and those in need, contributing to the well-being and comfort of seniors in the community.
This information is meant to be a general summary of Simeanna Iii 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: $215
- Program Service Revenue: $533,053
- Gross Receipts: $543,831
Assets and Liabilities:
- Total Assets: $1,229,164
- Total Liabilities: $825,065
- Net Assets: $404,099
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT REVENUE
Revenue
$533,053
Organization Details
Founding Year
1978
Phone
(920) 235-4653Principal Officer
Theresa M Bertram
Main Address
151 N EAGLE ST, OSHKOSH, WI, 54902
Website
www.miravidaliving.comNTEE Category
Code: L22 - Housing
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