Overview
What is Bethel Manor Inc?
Bethel Manor Inc, established in Shoreview, Minnesota, is a nonprofit organization dedicated to providing low-income housing solutions for the elderly and disabled. Through a HUD-sponsored program, they operate a 63-unit housing complex in Alexandria, Minnesota. In 2022, the organization boasted an impressive occupancy rate of 98.1%, underscoring its success in meeting the housing needs of its residents. Bethel Manor Inc's mission is to ensure that these vulnerable individuals have a secure and comfortable living environment, thereby enhancing their overall quality of life.
Official website here: www.ecumen.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Stars
Bethel Manor Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and financial health. The overall score is derived entirely from its Accountability & Finance metrics, with a score of 76. This rating reflects the organization's commitment to transparency and responsible financial practices, as evidenced by the absence of material diversion of assets and the presence of key policies such as conflict of interest and whistleblower protections.
The organization excels in maintaining thorough financial oversight, evidenced by its high marks in financial statements and governance practices. Its liabilities to assets ratio stands at 48.61%, which is a positive indicator of financial stability. Additionally, the program expense ratio is reasonably strong at 66.17%, although it falls just short of the maximum score in that area, suggesting room for improvement in program funding relative to total expenses.
However, while the charity demonstrates effective accountability and oversight, the compensation of key personnel is notably high, with the President & CEO earning over $400,000. This may raise questions for some donors regarding the allocation of funds, particularly in relation to program impact versus administrative costs. Overall, while Bethel Manor Inc shows strengths in governance and financial management, potential donors may wish to consider these factors in their decision-making process.
This AI summary has been generated from information found on Charity Navigator.
Is Bethel Manor Inc legitimate?
Bethel Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethel Manor 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: $130,942
For more financial information, click here
Official website here: www.ecumen.org
What is the mission statement of Bethel Manor Inc?
Bethel Manor Inc is an organization dedicated to providing low-income housing for the elderly and disabled. They accomplish this mission through a HUD-sponsored program. Bethel Manor operates a 63-unit housing complex, offering a residence for those in need. The organization's commitment to its mission resulted in an impressive occupancy rate of 98.1% in 2022. By providing affordable housing, Bethel Manor Inc contributes to the well-being and comfort of vulnerable individuals within the community.
Official website here: www.ecumen.org
Who is the CEO of Bethel Manor Inc?
Shelley Kendrick is the President & Ceo of Bethel Manor Inc. The CEO's salary of Bethel Manor Inc is $0 and their total compensation is $441,022.
Official website here: www.ecumen.org
What is the revenue of Bethel Manor Inc?
Bethel Manor Inc's revenue in 2022 was $551,651.
Official website here: www.ecumen.org
Who are the executives of Bethel Manor Inc and what are their salaries?
There 25 volunteers at Bethel Manor Inc.
Here are 6 key members and their salaries (Bethel Manor 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 Inc?
Bethel Manor 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 Inc
Bethel Manor Inc, a nonprofit organization, is dedicated to providing low-income housing for the elderly and disabled. Through a HUD-sponsored program, Bethel Manor offers a supportive living environment that caters to the needs of its residents. The organization operates a 63-unit housing complex, ensuring that a significant number of individuals in need have a place to call home. In 2022, Bethel Manor maintained an impressive occupancy rate of 98.1%, demonstrating the demand for and success of its services. By offering affordable housing options, Bethel Manor plays a crucial role in ensuring that vulnerable members of society have access to a safe and secure living environment.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Bethel Manor Inc plays a crucial role in providing low-income housing for the elderly and disabled through a HUD-sponsored program. Their 63-unit housing complex in Alexandria, Minnesota, helps to address the urgent need for affordable and accessible housing for vulnerable populations in the community. With an impressive occupancy rate of 98.1% in 2022, Bethel Manor is making a tangible impact by offering a safe and supportive living environment for those in need. Their commitment to serving the elderly and disabled demonstrates their dedication to improving the quality of life for these individuals and contributing positively to the community.
This information is meant to be a general summary of Bethel Manor 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: $86
- Program Service Revenue: $535,858
- Gross Receipts: $551,651
Assets and Liabilities:
- Total Assets: $312,059
- Total Liabilities: $151,696
- Net Assets: $160,363
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$519,539
TENANT CHARGES
Revenue
$16,319
Organization Details
Founding Year
1991
Phone
(651) 766-4300Principal Officer
Shelley Kendrick
Main Address
3530 LEXINGTON AVENUE NORTH, SHOREVIEW, MN, 55126
Website
www.ecumen.orgNTEE Category
Code: L22 - Housing
If you are a representative of Bethel Manor Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.