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Wildwood Manor

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

EIN: 411405993 ✦ Mounds view, MN ✦ Designated as a 501(c)(3)

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Overview

What is Wildwood Manor?

Wildwood Manor is a senior citizens housing project located at 2559 Moundsview Drive, Mounds View, Minnesota 55112. This nonprofit organization is dedicated to providing quality housing for 40 low-income senior citizens. Their main mission revolves around offering comfortable and suitable living spaces for this specific demographic, ensuring their daily needs are met. The project consists of 40 rental units, contributing positively to the community by offering affordable and secure housing options for senior citizens.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 67%)

Wildwood Manor has received a rating indicating that there is room for improvement, reflecting a score of 67%. The organization excels in several areas, particularly with a solid program expense ratio of 81.14% and full compliance in terms of having an independent board, which contributes positively to their accountability and transparency. Financial statements are audited, and there have been no reported material diversions of assets.

However, the nonprofit faces significant challenges in its accountability practices, as indicated by the absence of key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Furthermore, the high liabilities to assets ratio of 295.80% raises concerns about financial sustainability. Additionally, the lack of readily available tax forms on their website may hinder transparency for potential donors and stakeholders. Overall, while Wildwood Manor demonstrates strong programmatic commitment, addressing these limitations could enhance its standing and effectiveness in the community.


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

Is Wildwood Manor legitimate?

Wildwood Manor is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wildwood Manor 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: $145,818

For more financial information, click here

What is the mission statement of Wildwood Manor?

Wildwood Manor's mission is centered around providing high-quality housing for senior citizens who fall under the income bracket of low earners. This housing project, consisting of 40 rental units, is dedicated to ensuring the comfort and accommodation needs of 40 such seniors. The organization's primary goal is to contribute positively to the living standards of these elderly individuals, ensuring they have a suitable living environment during their golden years.

Who is the CEO of Wildwood Manor?

James Hoeft is the Chairman of Wildwood Manor.

What is the revenue of Wildwood Manor?

Wildwood Manor's revenue in 2022 was $494,488.

Who are the executives of Wildwood Manor and what are their salaries?


Here are 4 key members and their salaries:


James Hoeft (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Quast (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Nordstrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Quast (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wildwood Manor?

Wildwood Manor's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Wildwood Manor

Wildwood Manor, a nonprofit organization, is dedicated to providing quality housing for low-income senior citizens. Their mission is centered around creating a living environment that caters to the needs of this specific demographic. Through the operation of 40 rental units, Wildwood Manor successfully houses 40 such individuals, ensuring they have access to comfortable and suitable living spaces. This housing project serves as a testament to Wildwood Manor's commitment to supporting the elderly community, offering them a safe and dignified living situation.

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Impact




July, 2024

Wildwood Manor's impact lies in providing quality housing to low-income senior citizens in Mounds View, Minnesota. By offering 40 rental units specifically designed for this demographic, Wildwood Manor is able to address a critical need in the community and ensure that senior citizens have a safe and comfortable place to call home. The organization's focus on housing for low-income seniors contributes to improving their quality of life and overall well-being. Through its dedicated mission, Wildwood Manor plays a vital role in supporting vulnerable individuals and promoting a sense of security and stability among the elderly population in the area.




This information is meant to be a general summary of Wildwood Manor. 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
$494,488 (2022)
Expenses
$506,668 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24
  • Program Service Revenue: $494,464
  • Gross Receipts: $494,488

Assets and Liabilities:

  • Total Assets: $447,328
  • Total Liabilities: $1,394,140
  • Net Assets: -$946,812

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Programs

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

PROGRAM SERV REV-RELAT

Revenue

$494,464

Organization Details

Founding Year

1981

Principal Officer

James Hoeft

Main Address

2559 MOUNDSVIEW DRIVE, MOUNDS VIEW, MN, 55112

NTEE Category

Code: L21Z - Housing

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