Overview
What is Blanche & Madge Residence Home Inc C/O New Horizon Property Mgmt Inc?
Blanche & Madge Residence Home Inc, under the management of New Horizon Property Mgmt Inc, is a Milwaukee, Wisconsin-based nonprofit organization. Their primary mission is to offer housing solutions for individuals with disabilities. This commitment to inclusive housing is aimed at enhancing the living conditions and fostering independence for these individuals. The organization's activities are centered around providing suitable accommodations for those with disabilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1-Star out of Four Stars (58%)
Blanche & Madge Residence Home Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding accountability and finance. The overall score is primarily influenced by a poor liabilities to assets ratio of 114.32%, which raises red flags about the organization's financial health. While the charity excels in certain governance metrics, such as having a fully independent board and maintaining a high program expense ratio, these strengths are overshadowed by financial instability.
Strengths of the organization include full independence of board members and effective documentation practices, with all board meeting minutes recorded and accessible. They also demonstrate a commitment to program expenses, allocating a substantial 73.87% of their budget to program services. However, the charity falls short in several key governance areas, notably the absence of a conflict of interest policy, whistleblower policy, and a documented retention and destruction policy.
Additionally, the organization has not listed its website on its tax form, which affects transparency. The lack of these policies may hinder accountability and trust among donors and stakeholders. Overall, while there are positive aspects to the governance of Blanche & Madge Residence Home Inc, the financial limitations and missing policies significantly detract from its overall effectiveness and reliability as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Blanche & Madge Residence Home Inc C/O New Horizon Property Mgmt Inc legitimate?
Blanche & Madge Residence Home Inc C/O New Horizon Property Mgmt Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blanche & Madge Residence Home Inc C/O New Horizon Property Mgmt 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: $0
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What is the mission statement of Blanche & Madge Residence Home Inc C/O New Horizon Property Mgmt Inc?
Blanche & Madge Residence Home Inc, under the management of New Horizon Property Mgmt Inc, is dedicated to providing housing solutions for individuals with disabilities. Their mission is to create an environment that caters to the unique needs of these individuals, ensuring they have a place to call home. The nonprofit organization strives to promote independence, dignity, and inclusion for its residents, providing them with a secure and supportive living space. Through its housing services, Blanche & Madge Residence Home Inc aims to enhance the quality of life for individuals with disabilities, enabling them to lead fulfilling lives. The organization is committed to advocating for their rights and ensuring they have access to necessary resources and support.
Who is the CEO of Blanche & Madge Residence Home Inc C/O New Horizon Property Mgmt Inc?
Reverend Bennie L Cleveland is the Vice Preside of Blanche & Madge Residence Home Inc C/O New Horizon Property Mgmt Inc.
What is the revenue of Blanche & Madge Residence Home Inc C/O New Horizon Property Mgmt Inc?
Blanche & Madge Residence Home Inc C/O New Horizon Property Mgmt Inc's revenue in 2021 was $173,632.
Who are the executives of Blanche & Madge Residence Home Inc C/O New Horizon Property Mgmt Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Blanche & Madge Residence Home Inc C/O New Horizon Property Mgmt Inc?
Blanche & Madge Residence Home Inc C/O New Horizon Property Mgmt Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Blanche & Madge Residence Home Inc C/O New Horizon Property Mgmt Inc
Blanche & Madge Residence Home Inc, under the management of New Horizon Property Mgmt Inc, is a dedicated nonprofit organization with a mission to provide housing for individuals living with disabilities. This mission is at the heart of their operations, aimed at ensuring that individuals with disabilities have access to suitable housing accommodations. By providing housing, Blanche & Madge Residence Home Inc contributes to creating an inclusive and supportive community where individuals with disabilities can thrive. The organization's work is instrumental in breaking down barriers and promoting equality, ensuring that everyone, regardless of their abilities, has the opportunity to live with dignity and independence.
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Impact
October, 2024
Blanche & Madge Residence Home Inc C/O New Horizon Property Mgmt Inc plays a crucial role in enhancing the quality of life for individuals with disabilities by providing safe and accessible housing. By focusing on this specific demographic, the organization addresses a significant need within the community, offering not only shelter but also fostering independence and dignity for its residents.
Through its housing efforts, the organization contributes to the stability and well-being of individuals with disabilities, creating an environment where they can thrive. This initiative helps reduce social isolation, promotes community involvement, and enhances access to essential services and resources. The positive impact of their work extends beyond the individuals served—it enriches the broader Milwaukee community by advocating for inclusivity and accessibility, ensuring that all members of society have a place to call home.
This information is meant to be a general summary of Blanche & Madge Residence Home Inc C/O New Horizon Property Mgmt 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 2021.
- Investment Income: $180
- Program Service Revenue: $173,452
- Gross Receipts: $173,632
Assets and Liabilities:
- Total Assets: $773,175
- Total Liabilities: $883,938
- Net Assets: -$110,763
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYMENTS
Revenue
$134,621
RENT REVENUE
Revenue
$37,331
SPECIAL CLAIMS REVENUE
Revenue
$1,500
Organization Details
Founding Year
1977
Phone
(262) 240-9406Principal Officer
Reverend Bennie L Cleveland
Main Address
PO BOX 240044, MILWAUKEE, WI, 53224
NTEE Category
Code: L20Z - Housing
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