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Mjf Housing No 3 Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391882504 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

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Overview

What is Mjf Housing No 3 Inc?

Mjf Housing No 3 Inc is a nonprofit organization situated in Milwaukee, Wisconsin, dedicated to providing housing solutions for elderly and disabled individuals. Their mission is to cater to the unique physical, social, and psychological needs of these individuals, aiming to enhance their health, security, happiness, and overall usefulness in extended living. To achieve this goal, Mjf Housing No 3 Inc offers facilities and services, including HUD Section 202 low-income housing, tailored to meet the specific requirements of its residents.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87%, Three-Star out of Four Star rating.

Mjf Housing No 3 Inc demonstrates a strong commitment to accountability and financial health, reflected in its 87% score. The organization boasts a fully independent board with 80% of its members being independent, which enhances its governance quality. Notably, it has established policies for conflict of interest and whistleblower protections, contributing to a transparent operational framework.

The charity excels in its program expense ratio, allocating 100% of its expenses towards its programs, which indicates a focus on mission delivery rather than administrative costs. Additionally, the organization's liabilities to assets ratio is impressively low at 2.66%, suggesting solid financial stability.

However, while the organization showcases numerous strengths and a solid financial footing, further insights into specific program impacts and outcomes would provide a more comprehensive view of its effectiveness in fulfilling its mission. Overall, Mjf Housing No 3 Inc is well-regarded for its operational integrity and commitment to serving its community.


This AI summary has been generated from information found on Charity Navigator.

Is Mjf Housing No 3 Inc legitimate?

Mjf Housing No 3 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mjf Housing No 3 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

For more financial information, click here

What is the mission statement of Mjf Housing No 3 Inc?

Mjf Housing No 3 Inc's mission is centered around providing housing solutions for elderly and disabled individuals. The organization strives to offer facilities and services tailored to meet the physical, social, and psychological needs of these individuals. Their goal is to enhance their health, ensure their security, foster their happiness, and promote their usefulness in extending their lives. To accomplish this, they offer programs like HUD Section 202 low-income housing, aiming to improve their overall quality of life.

Who is the CEO of Mjf Housing No 3 Inc?

Miryam Rosenzweig is the Director of Mjf Housing No 3 Inc.

What is the revenue of Mjf Housing No 3 Inc?

Mjf Housing No 3 Inc's revenue in 2022 was $99,874.

Who are the executives of Mjf Housing No 3 Inc and what are their salaries?

There 4 volunteers at Mjf Housing No 3 Inc.


Here are 5 key members and their salaries:


Miryam Rosenzweig (Director)
  • Compensation: $0
  • Related: $227,562
  • Other: $23,044
Moshe Katz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Rosenfeld (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marci Taxman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Truitt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mjf Housing No 3 Inc?

Mjf Housing No 3 Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mjf Housing No 3 Inc

MJF Housing No 3 Inc is dedicated to providing housing and services specifically tailored to meet the physical, social, and psychological needs of elderly and disabled individuals. Its mission is to promote their health, security, happiness, and usefulness in longer living. To achieve this, the organization offers housing facilities that cater to these unique needs. One of their programs is HUD Section 202 low-income housing, which provides affordable living options. By offering such facilities, MJF Housing No 3 Inc strives to enhance the quality of life for elderly and disabled individuals, allowing them to live with dignity and independence.

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Impact




October, 2024

Mjf Housing No 3 Inc significantly impacts the community by providing specialized housing solutions for elderly and disabled individuals. By creating an environment tailored to meet the unique physical, social, and psychological needs of its residents, the organization enhances their quality of life.

The facilities and services offered not only promote health and security but also foster a sense of community, allowing residents to maintain their independence while receiving appropriate support. Programs like HUD Section 202 low-income housing ensure that these essential services are accessible to those who need them most.

In Milwaukee, WI, Mjf Housing No 3 serves as a vital resource, enabling individuals to thrive in a secure and nurturing environment. Their commitment to enhancing happiness and usefulness among the elderly and disabled reflects a profound understanding of the importance of dignified living, thereby positively influencing both the residents' lives and the broader community.




This information is meant to be a general summary of Mjf Housing No 3 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.

Revenue
$99,874 (2022)
Expenses
$115,247 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $238
  • Program Service Revenue: $60,472
  • Gross Receipts: $99,874

Assets and Liabilities:

  • Total Assets: $859,720
  • Total Liabilities: $17,953
  • Net Assets: $841,767

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL REVENUE

Revenue

$59,030

LAUNDRY AND VENDING RE

Revenue

$1,442

Organization Details

Founding Year

1997

Principal Officer

Miryam Rosenzweig

Main Address

1360 N PROSPECT AVE, MILWAUKEE, WI, 532023094

NTEE Category

Code: L22Z - Housing

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