Overview
What is St Clare Management Inc?
St. Clare Management Inc. is a service corporation based in Milwaukee, Wisconsin, with a focus on providing quality management services to underserved, low-income individuals, particularly those with physical disabilities. Operating in compliance with WHEDA and HUD, the organization manages six HUD-subsidized housing projects. Founded and sponsored by the School Sisters of St. Francis since 1989, St. Clare Management Inc. is dedicated to enhancing the quality of life, safety, and independence of its residents. With a team of 16 employees, the organization upholds its mission statement to ensure a dignified living environment for its community.
Official website here: www.stclaremgt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Star rating.
St Clare Management Inc has received an overall score of 85%, reflecting a solid performance in terms of accountability and finance. The score is derived solely from the Accountability & Finance beacon, indicating that the organization maintains high standards in these areas, essential for the trust of donors and stakeholders.
The nonprofit excels in several key areas, including having a fully independent board and a strong program expense ratio of 94.99%, demonstrating that a significant portion of its expenditures directly supports its mission. Additionally, the organization has well-structured governance policies in place, with all required documents such as conflict of interest and whistleblower policies listed and accessible.
While the organization shows robust financial health with a low liabilities to assets ratio of 14.69%, there are no noted limitations or areas of concern from the data available. Overall, St Clare Management Inc appears to be a responsible and effective organization, making efficient use of its resources to fulfill its charitable objectives.
This AI summary has been generated from information found on Charity Navigator.
Is St Clare Management Inc legitimate?
St Clare Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Clare Management 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: $102,359
Professional Fundraising Fees: $0
Other Salaries and Wages: $691,536
For more financial information, click here
Official website here: www.stclaremgt.org
What is the mission statement of St Clare Management Inc?
St. Clare Management Inc., established in 1989 by the School Sisters of St. Francis, is a housing management corporation committed to providing high-quality services. Their primary mission is to enhance the quality of life, ensure safety, and promote independence for underserved, low-income individuals, particularly those with disabilities. By collaborating with WHEDA and HUD, this organization offers management services that comply with their mission and values statement, aiming to improve living conditions in six HUD-subsidized housing projects.
Official website here: www.stclaremgt.org
Who is the CEO of St Clare Management Inc?
Margaret Kidder is the Chair of St Clare Management Inc.
Official website here: www.stclaremgt.org
What is the revenue of St Clare Management Inc?
St Clare Management Inc's revenue in 2022 was $1,339,320.
Official website here: www.stclaremgt.org
Who are the executives of St Clare Management Inc and what are their salaries?
The average compensation at St Clare Management Inc during 2022 was $49,618. There are 16 employees and 11 volunteers at St Clare Management Inc.
Here are 13 key members and their salaries:
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- Compensation: $35,000
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- Other: $4,825
- Compensation: $55,702
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- Other: $7,042
Official website here: www.stclaremgt.org
Where can I find the form 990 for St Clare Management Inc?
St Clare Management Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stclaremgt.org
Learn more at the official website: www.stclaremgt.org
Mission Statement of St Clare Management Inc
St. Clare Management Inc, founded and sponsored by the School Sisters of St. Francis since 1989, is a housing management corporation committed to providing quality services. Their mission is to enhance the quality of life, ensure safety, and promote independence for underserved, low-income individuals, particularly those with disabilities. As a service corporation, St. Clare Management cooperates with WHEDA and HUD to manage housing projects in compliance with their mission and values statement, ensuring that each building is well-managed and meets the needs of its residents.
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Impact
July, 2024
St Clare Management Inc's impact revolves around providing quality management services for six HUD-subsidized housing projects in Milwaukee, WI. Founded and sponsored by the School Sisters of St. Francis in 1989, the organization is committed to ensuring the quality of life, safety, and independence of underserved, low-income individuals, particularly those with physical disabilities. By managing each building in line with their mission and values statement, St Clare Management Inc plays a crucial role in creating and maintaining housing options for those in need, contributing to the well-being and stability of the community.
This information is meant to be a general summary of St Clare Management 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.
- Program Service Revenue: $1,211,547
- Gross Receipts: $1,339,320
Assets and Liabilities:
- Total Assets: $646,064
- Total Liabilities: $93,526
- Net Assets: $552,538
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROJECT INCOME
Revenue
$1,211,547
Organization Details
Founding Year
2000
Phone
(414) 385-5330Principal Officer
Margaret Kidder
Main Address
1545 S LAYTON BLVD, MILWAUKEE, WI, 53215
Website
www.stclaremgt.orgNTEE Category
Code: L02 - Housing
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