Overview
What is Mueller Apartments Inc?
Mueller Apartments Inc is a nonprofit organization situated in Watertown, Wisconsin, specifically at 1045 Hill Street. Their primary mission is to provide affordable housing for the elderly, aligning with their exempt purpose. Regulated by the U.S. Department of Housing and Urban Development, they participate in the Section 8 Housing Assistance Payment Program, ensuring fair and affordable rental charges for their residents. The organization, grounded in faith, prioritizes the health and well-being of each individual they serve. With a focus on low-income housing, Mueller Apartments Inc contributes to the community by offering a supportive living environment for the elderly.
Official website here: www.marquardtvillage.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Mueller Apartments Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization's score of 96% indicates a solid commitment to transparency and responsible management of resources. Key areas of strength include having a fully independent board, comprehensive financial oversight, and effective policies in place for conflict of interest and whistleblower protection.
The organization excels in its financial health, as evidenced by a program expense ratio of 81.44%, signifying that a significant portion of its expenditures directly supports its mission. Additionally, the low liabilities to assets ratio of 2.54% demonstrates prudent financial management. Mueller Apartments Inc has also been recognized for its practice of maintaining accurate documentation, including board meeting minutes and an audit oversight committee.
While the rating showcases numerous organizational strengths, such a high score leaves little indication of significant limitations or areas needing improvement. Overall, Mueller Apartments Inc stands out as a well-managed nonprofit, dedicated to its mission and accountable to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Mueller Apartments Inc legitimate?
Mueller Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mueller Apartments 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: $60,115
For more financial information, click here
Official website here: www.marquardtvillage.org
What is the mission statement of Mueller Apartments Inc?
Mueller Apartments Inc, guided by faith, prioritizes the health and well-being of each individual they serve. Their primary mission is to provide low-income housing for the elderly. Operating a 101-unit apartment complex, they are regulated by the U.S. Department of Housing and Urban Development, specifically in relation to rental charges and operational methods. As a participant in the Section 8 Housing Assistance Payment Program, they contribute to making affordable housing options available for the elderly population.
Official website here: www.marquardtvillage.org
Who is the CEO of Mueller Apartments Inc?
Matthew Mauthe is the Ceo of Mueller Apartments Inc. The CEO's salary of Mueller Apartments Inc is $0 and their total compensation is $556,998.
Official website here: www.marquardtvillage.org
What is the revenue of Mueller Apartments Inc?
Mueller Apartments Inc's revenue in 2022 was $1,261,799.
Official website here: www.marquardtvillage.org
Who are the executives of Mueller Apartments Inc and what are their salaries?
There 25 volunteers at Mueller Apartments Inc.
Here are 19 key members and their salaries (Mueller Apartments Inc's CEO's salary is $0 and their total compensation is $556,998):
- 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: $516,650
- Other: $40,348
- Compensation: $0
- Related: $290,278
- Other: $36,357
- Compensation: $0
- Related: $164,057
- Other: $0
- Compensation: $0
- Related: $153,358
- Other: $45,891
- Compensation: $0
- Related: $172,548
- Other: $2,734
- Compensation: $0
- Related: $168,623
- Other: $4,924
- Compensation: $0
- Related: $154,775
- Other: $13,945
- Compensation: $0
- Related: $129,621
- Other: $35,774
- Compensation: $0
- Related: $133,809
- Other: $13,252
- Compensation: $0
- Related: $135,965
- Other: $9,089
- Compensation: $0
- Related: $121,704
- Other: $5,796
- Compensation: $0
- Related: $110,811
- Other: $3,314
Official website here: www.marquardtvillage.org
Where can I find the form 990 for Mueller Apartments Inc?
Mueller Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marquardtvillage.org
Learn more at the official website: www.marquardtvillage.org
Mission Statement of Mueller Apartments Inc
Mueller Apartments Inc, a nonprofit organization grounded in faith, is committed to promoting the health and well-being of each individual it serves. Its exempt purpose is notably focused on providing low-income housing for the elderly. This mission is executed through its operation of a 101-unit apartment complex, which is regulated by the U.S. Department of Housing and Urban Development with regards to rental charges and operating methods. Mueller Apartments Inc participates in the Section 8 Housing Assistance Payment Program, furthering its commitment to providing affordable housing solutions for the elderly population.
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Impact
July, 2024
Mueller Apartments Inc has a significant impact on the community by providing essential low-income housing for the elderly in Watertown, WI. The organization operates a 101-unit apartment complex that offers affordable living options for seniors in need. By participating in the Section 8 Housing Assistance Payment Program and being regulated by the U.S. Department of Housing and Urban Development, Mueller Apartments Inc ensures that residents have access to safe and affordable housing. Through its mission grounded in faith, the organization promotes the health and well-being of each individual it serves, making a positive difference in the lives of elderly community members.
This information is meant to be a general summary of Mueller Apartments 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: $19,576
- Program Service Revenue: $1,242,223
- Gross Receipts: $1,305,241
Assets and Liabilities:
- Total Assets: $2,892,362
- Total Liabilities: $422,604
- Net Assets: $2,469,758
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT RENTALS
Revenue
$1,149,919
ALLOCATED FEES
Revenue
$92,304
Organization Details
Founding Year
1978
Phone
(920) 261-0400Principal Officer
Matthew Mauthe
Main Address
1045 HILL STREET, WATERTOWN, WI, 53098
Website
www.marquardtvillage.orgIf you are a representative of Mueller Apartments Inc 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.