Overview
What is Nhhi-Michael J Bjerkesett House Inc?
Nhhi-Michael J Bjerkesett House Inc is a nonprofit organization situated in New Brighton, Minnesota. Their primary mission is to provide and manage affordable housing units for low-income individuals with disabilities and seniors. By owning and overseeing these properties, they aim to contribute positively to their community's housing needs, ensuring that vulnerable populations have access to suitable living arrangements.
Official website here: www.nhhiaccessiblehousing.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, Two-Star out of Four Star rating. The Nhhi-Michael J Bjerkesett House Inc has received a mixed evaluation, reflecting notable strengths in its program expense ratio, which is at an impressive 81.53%. This indicates that a substantial portion of its funds is directed towards its programs rather than administrative costs, a positive sign of effective resource allocation.
However, the organization has significant weaknesses in governance and transparency. The board lacks independent members, which raises concerns about accountability and oversight. Additionally, critical policies, such as those regarding conflicts of interest and whistleblower protections, are missing, which could expose the organization to governance risks.
Overall, while the nonprofit demonstrates a strong commitment to its mission through program spending, its governance practices are a point of concern. Improving board independence and implementing essential policies could enhance the organization’s credibility and effectiveness in the long run.
This AI summary has been generated from information found on Charity Navigator.
Is Nhhi-Michael J Bjerkesett House Inc legitimate?
Nhhi-Michael J Bjerkesett House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nhhi-Michael J Bjerkesett House 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: $16,425
For more financial information, click here
Official website here: www.nhhiaccessiblehousing.com
What is the mission statement of Nhhi-Michael J Bjerkesett House Inc?
Nhhi-Michael J Bjerkesett House Inc is dedicated to a mission of developing, owning, and managing affordable housing for two specific groups: individuals with disabilities and seniors who fall into the low-income bracket. This organization aims to provide housing solutions that cater to the unique needs of these groups, ensuring they have access to safe and affordable living spaces.
Official website here: www.nhhiaccessiblehousing.com
Who is the CEO of Nhhi-Michael J Bjerkesett House Inc?
Joann Rademacher is the President of Nhhi-Michael J Bjerkesett House Inc.
Official website here: www.nhhiaccessiblehousing.com
What is the revenue of Nhhi-Michael J Bjerkesett House Inc?
Nhhi-Michael J Bjerkesett House Inc's revenue in 2023 was $83,699.
Official website here: www.nhhiaccessiblehousing.com
Who are the executives of Nhhi-Michael J Bjerkesett House Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $211,501
- Other: $0
- Compensation: $0
- Related: $205,108
- Other: $0
- Compensation: $0
- Related: $101,576
- Other: $0
Official website here: www.nhhiaccessiblehousing.com
Where can I find the form 990 for Nhhi-Michael J Bjerkesett House Inc?
Nhhi-Michael J Bjerkesett House Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nhhiaccessiblehousing.com
Learn more at the official website: www.nhhiaccessiblehousing.com
Mission Statement of Nhhi-Michael J Bjerkesett House Inc
Nhhi-Michael J Bjerkesett House Inc is dedicated to a significant mission. This organization seeks to develop, own, and manage affordable housing for two distinct groups: individuals with disabilities and senior citizens who fall into the low-income bracket. By taking on this mission, Nhhi-Michael J Bjerkesett House Inc aims to provide these vulnerable populations with a secure and affordable living space, thereby enhancing their quality of life. This commitment to affordable housing is a crucial step in ensuring that individuals with disabilities and seniors have access to sustainable housing solutions, enabling them to live with dignity and independence.
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Impact
October, 2024
Nhhi-Michael J Bjerkesett House Inc plays a crucial role in enhancing the quality of life for low-income individuals with disabilities and seniors in New Brighton, MN. By developing, owning, and managing affordable housing, the organization addresses a significant need in the community, ensuring that vulnerable populations have access to safe and stable living conditions.
The impact of their work extends beyond just providing housing; it fosters a sense of community and belonging among residents. By prioritizing accessibility and affordability, Nhhi-Michael J Bjerkesett House Inc enhances the independence of individuals with disabilities and supports seniors in leading fulfilling lives. Their commitment to creating sustainable housing solutions not only aids in alleviating the housing crisis faced by marginalized groups but also promotes social equity and well-being within the broader community. This holistic approach significantly contributes to the overall health and vitality of New Brighton, making it a more inclusive place for all its residents.
This information is meant to be a general summary of Nhhi-Michael J Bjerkesett House 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 2023.
- Investment Income: $143
- Program Service Revenue: $11,513
- Gross Receipts: $83,699
Assets and Liabilities:
- Total Assets: $324,062
- Total Liabilities: $10,130
- Net Assets: $313,932
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT RENTS
Revenue
$11,513
Organization Details
Founding Year
2016
Phone
(651) 639-9799Principal Officer
Joann Rademacher
Main Address
1050 THORNDALE AVE, NEW BRIGHTON, MN, 551122400
NTEE Category
Code: L22 - Housing
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