Overview
What is Bethel Manor Ii Inc?
Bethel Manor II Inc, based in Shoreview, Minnesota, is a dedicated nonprofit organization that focuses on providing low-income housing for the elderly and disabled. Through a HUD-sponsored program, they operate a 69-unit apartment complex in Alexandria, Minnesota. In 2022, they maintained an impressive occupancy rate of 99%, demonstrating their commitment to meeting the housing needs of their community.
Official website here: www.ecumen.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (66%)
Bethel Manor II Inc has received a two-star rating from Charity Navigator, indicating areas needing improvement, particularly in governance and financial health. The charity scored 66% overall, reflecting strong program expenses but concerning governance practices, including a lack of independent board members, which is critical for accountability.
On a positive note, the organization demonstrates solid management practices, evidenced by its perfect scores in key areas such as audit and oversight, conflict of interest policy, and whistleblower policy. Additionally, it has shown no material diversion of assets, ensuring integrity in financial dealings. The program expense ratio is commendable at 73.11%, suggesting that a significant portion of funds is directed towards fulfilling its mission.
However, there are notable deficiencies, particularly in the composition of the board and the financial liabilities to assets ratio, which stands at an alarming 222.08%. The absence of independent board members raises concerns about governance quality, while the missing tax form on the nonprofit's website indicates a lack of transparency. Overall, while there are commendable aspects, Bethel Manor II Inc must address these governance and financial management issues to improve its standing and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Bethel Manor Ii Inc legitimate?
Bethel Manor Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethel Manor Ii 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: $140,125
For more financial information, click here
Official website here: www.ecumen.org
What is the mission statement of Bethel Manor Ii Inc?
Bethel Manor II Inc, as an organization, is committed to providing low-income housing for the elderly and disabled. They accomplish this mission through a HUD-sponsored program. The housing provided is within a 69-unit apartment complex, located somewhere unspecified in the context of the information. In 2022, Bethel Manor II Inc maintained a high occupancy rate of 99%. This organization's primary focus is on ensuring comfortable and affordable living for those who need it most in the elderly and disabled communities.
Official website here: www.ecumen.org
Who is the CEO of Bethel Manor Ii Inc?
Shelley Kendrick is the President & Ceo of Bethel Manor Ii Inc. The CEO's salary of Bethel Manor Ii Inc is $0 and their total compensation is $441,022.
Official website here: www.ecumen.org
What is the revenue of Bethel Manor Ii Inc?
Bethel Manor Ii Inc's revenue in 2022 was $621,734.
Official website here: www.ecumen.org
Who are the executives of Bethel Manor Ii Inc and what are their salaries?
There 25 volunteers at Bethel Manor Ii Inc.
Here are 6 key members and their salaries (Bethel Manor Ii Inc's CEO's salary is $0 and their total compensation is $441,022):
- Compensation: $0
- Related: $404,808
- Other: $36,214
- Compensation: $0
- Related: $287,455
- Other: $35,344
- Compensation: $0
- Related: $247,790
- Other: $42,659
- Compensation: $0
- Related: $214,919
- Other: $45,266
- Compensation: $0
- Related: $286,762
- Other: $15,004
- Compensation: $0
- Related: $69,507
- Other: $4,378
Official website here: www.ecumen.org
Where can I find the form 990 for Bethel Manor Ii Inc?
Bethel Manor Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ecumen.org
Learn more at the official website: www.ecumen.org
Mission Statement of Bethel Manor Ii Inc
Bethel Manor II Inc, a nonprofit organization, is dedicated to providing affordable housing solutions for the elderly and disabled community. Through a HUD-sponsored program, they operate a 69-unit apartment complex, offering a home to individuals who may otherwise struggle with finding suitable and affordable living arrangements. This housing initiative is a crucial service that aims to improve the quality of life for its residents, providing them with a sense of security and stability. In 2022, Bethel Manor II Inc demonstrated its commitment to this mission by maintaining an impressive occupancy rate of 99%, showcasing the organization's ability to meet the housing needs of its community effectively.
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Impact
July, 2024
Bethel Manor II Inc's impact is significant in providing low-income housing for the elderly and disabled through a HUD-sponsored program. Their 69-unit apartment complex in Alexandria, Minnesota, plays a crucial role in offering affordable housing options to a vulnerable population. With an impressive 99% occupancy rate in 2022, Bethel Manor II Inc is ensuring that elderly and disabled individuals have a safe and supportive place to call home. By fulfilling their mission of providing housing to those in need, Bethel Manor II Inc is making a tangible difference in the lives of the residents they serve.
This information is meant to be a general summary of Bethel Manor Ii 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: $178
- Program Service Revenue: $607,919
- Gross Receipts: $621,734
Assets and Liabilities:
- Total Assets: $743,986
- Total Liabilities: $1,652,311
- Net Assets: -$908,325
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUES
Revenue
$590,041
TENANT CHARGES
Revenue
$17,878
Organization Details
Founding Year
1988
Phone
(651) 766-4300Principal Officer
Shelley Kendrick
Main Address
3530 LEXINGTON AVENUE NORTH, SHOREVIEW, MN, 55126
Website
www.ecumen.orgNTEE Category
Code: L22 - Housing
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