Overview
What is Beth Haven Terrace Inc?
Beth Haven Terrace Inc is a nonprofit organization situated in Hannibal, Missouri, specifically at 2500 Pleasant Street. Their primary focus is providing rental housing for low-income senior citizens and individuals with disabilities. They offer 102 spacious apartments, each 600 square feet, designed to ensure comfort while facilitating easy maintenance. The rent is income-based, allowing for affordability. Beth Haven Terrace Inc's mission goes beyond just housing, as they aim to provide a supportive and Christian community for their residents, ensuring quality care during their retirement years. With a dedicated workforce of nine individuals, the organization strives to provide a living environment that encourages active and meaningful living.
Official website here: www.bethaven.org/independent-apartments/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Beth Haven Terrace Inc has earned a score of 81%, indicating a solid performance in terms of accountability and finance. This rating is significant as it reflects the organization's commitment to maintaining transparency and responsible management of its resources. The score is derived from a comprehensive analysis of its financial practices and adherence to accountability standards.
The nonprofit boasts an exemplary accountability framework, with 100% of its board members being independent. Additionally, the organization has achieved full points in various governance practices, including having a whistleblower policy and ensuring proper documentation of board meeting minutes. Its program expense ratio is also commendable at 83.64%, suggesting that a substantial portion of its expenses is directed towards its programs rather than administrative costs.
However, the rating is solely based on accountability and finance, and does not reflect other potential aspects of the organization, such as program effectiveness or community impact. While the strong financial practices are a positive indicator, stakeholders might seek further information on the nonprofit’s operational outcomes and service delivery to assess its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Beth Haven Terrace Inc legitimate?
Beth Haven Terrace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beth Haven Terrace 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: $21,473
Professional Fundraising Fees: $0
Other Salaries and Wages: $158,971
For more financial information, click here
Official website here: www.bethaven.org/independent-apartments/
What is the mission statement of Beth Haven Terrace Inc?
Beth Haven Terrace Inc, dedicated to providing rental housing, has a mission to offer quality care in a supportive Christian community. This non-profit organization primarily caters to low-income senior citizens and the handicapped, offering 102 apartments designed for independent living. The affordable rent is based on income, and each 600-square-foot apartment is large enough for comfort while still being easy to maintain. The mission of Beth Haven Terrace Inc extends beyond housing, aiming to create an environment that encourages active, meaningful living in retirement years. The community emphasizes Christian values and offers a sense of support and companionship.
Official website here: www.bethaven.org/independent-apartments/
Who is the CEO of Beth Haven Terrace Inc?
Kerri Lauterbach is the Director of Beth Haven Terrace Inc. The CEO's salary of Beth Haven Terrace Inc is $0 and their total compensation is $142,097.
Official website here: www.bethaven.org/independent-apartments/
What is the revenue of Beth Haven Terrace Inc?
Beth Haven Terrace Inc's revenue in 2022 was $675,878.
Official website here: www.bethaven.org/independent-apartments/
Who are the executives of Beth Haven Terrace Inc and what are their salaries?
The average compensation at Beth Haven Terrace Inc during 2022 was $20,049. There are 9 employees and 9 volunteers at Beth Haven Terrace Inc.
Here are 9 key members and their salaries (Beth Haven Terrace Inc's CEO's salary is $0 and their total compensation is $142,097):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $115,104
- Other: $26,993
Official website here: www.bethaven.org/independent-apartments/
Where can I find the form 990 for Beth Haven Terrace Inc?
Beth Haven Terrace Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bethaven.org/independent-apartments/
Learn more at the official website: www.bethaven.org/independent-apartments/
Mission Statement of Beth Haven Terrace Inc
Beth Haven Terrace Inc, a nonprofit organization, is dedicated to providing quality care in a supportive Christian community. Their primary focus is on providing rental housing for senior citizens and individuals with disabilities. The housing provided by Beth Haven Terrace Inc is designed to offer low-income individuals the independence and privacy of their own living space, without the responsibilities of home ownership and maintenance. The apartments, which number 102 in total, are equipped to facilitate active and meaningful living in retirement years. Each apartment, measuring approximately 600 square feet, is spacious enough to be comfortable yet small enough to ensure easy cleaning and maintenance. Beth Haven Terrace Inc's mission is to create an environment that promotes the well-being and happiness of its residents, while upholding the values of a supportive Christian community.
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Impact
July, 2024
Beth Haven Terrace Inc provides an essential service by offering affordable rental housing for low-income senior citizens and the handicapped in Hannibal, MO. With 102 apartments designed for independent living, this organization allows residents to enjoy privacy and autonomy without the burdens of homeownership and maintenance. By creating a supportive Christian community, Beth Haven Terrace Inc ensures that its residents receive quality care and the opportunity for active, meaningful living in their retirement years.
This information is meant to be a general summary of Beth Haven Terrace 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: $300
- Program Service Revenue: $664,024
- Gross Receipts: $675,878
Assets and Liabilities:
- Total Assets: $655,557
- Total Liabilities: $755,861
- Net Assets: -$100,304
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$664,024
Organization Details
Founding Year
1980
Phone
(573) 331-6000Principal Officer
Kerri Lauterbach
Main Address
2500 PLEASANT STREET, HANNIBAL, MO, 634012699
NTEE Category
Code: L22 - Housing
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