Overview
What is Metropolitan Village Inc?
Metropolitan Village Inc, based in St. Louis, Missouri, is a nonprofit organization with a mission to provide housing and assistance to low-income, elderly, and handicapped individuals. Their primary focus is on creating accommodations that cater to the unique physical, social, and psychological needs of these individuals, aiming to enhance their health, security, happiness, and overall well-being in their later years. The organization operates on a charitable basis, with charges for their facilities and services directly related to their provision, maintenance, and operation. Metropolitan Village Inc's housing facilities aim to promote the use and usefulness of its residents in longer living, furthering their exempt mission to assist those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
Metropolitan Village Inc has received a One-Star rating from Charity Navigator, reflecting significant concerns regarding its financial accountability and transparency. While the organization boasts a fully independent board and a strong program expense ratio of 94.79%, it lacks essential financial statements and has several missing policies, which negatively impact its overall score.
The charity scores well in governance, with 100% independent board members and documented board meeting minutes. However, the absence of a whistleblower policy and document retention practices raises questions about its operational integrity. Additionally, the failure to provide financial statements and make necessary documents available on its website indicates a lack of transparency that may concern potential donors and stakeholders.
While the high program expense ratio suggests that the majority of its funds are directed towards its programs, the liabilities to assets ratio of 157.21% is alarming, indicating potential financial instability. Overall, while there are commendable aspects of Metropolitan Village Inc's governance, the critical gaps in transparency and financial reporting present limitations that could deter support.
This AI summary has been generated from information found on Charity Navigator.
Is Metropolitan Village Inc legitimate?
Metropolitan Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan Village 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $295,224
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What is the mission statement of Metropolitan Village Inc?
Metropolitan Village Inc's mission is centered around providing housing and assistance to low-income, elderly, and disabled individuals. The organization aims to create living spaces that cater to the unique physical, social, and psychological needs of these individuals, promoting their health, security, happiness, and overall usefulness in their later years. The charges for these facilities and services are based on a charitable basis, ensuring affordability for those in need. Metropolitan Village Inc is committed to enhancing the lives of these individuals, fostering an environment that supports their well-being and happiness in their golden years.
Who is the CEO of Metropolitan Village Inc?
Shirley Emerson is the President of Metropolitan Village Inc.
What is the revenue of Metropolitan Village Inc?
Metropolitan Village Inc's revenue in 2022 was $1,587,634.
Who are the executives of Metropolitan Village Inc and what are their salaries?
Here are 15 key members and their salaries:
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Where can I find the form 990 for Metropolitan Village Inc?
Metropolitan Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Metropolitan Village Inc
Metropolitan Village Inc, a nonprofit organization, is dedicated to providing housing and assistance to low-income, elderly, and handicapped individuals. The mission of Metropolitan Village Inc is to create an environment that caters to the unique physical, social, and psychological needs of these individuals. The organization strives to promote their health, security, happiness, and usefulness in longer living. Notably, the cost of living in these facilities and services is based on a charitable foundation, ensuring affordable housing for those in need. Metropolitan Village Inc is committed to making a significant impact in the lives of its residents by offering a safe, supportive, and enriching living environment.
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Impact
July, 2024
Metropolitan Village Inc's impact lies in providing crucial housing and support services to low-income, elderly, and handicapped individuals in St. Louis, Missouri. By offering specialized housing facilities tailored to meet the physical, social, and psychological needs of this vulnerable population, Metropolitan Village promotes their overall well-being, security, and sense of community. Through its exclusive focus on charitable provision, maintenance, and operation of these facilities, Metropolitan Village ensures that its residents can live longer, healthier, and more fulfilling lives.
This information is meant to be a general summary of Metropolitan Village 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: $2
- Program Service Revenue: $1,587,632
- Gross Receipts: $1,587,634
Assets and Liabilities:
- Total Assets: $3,148,508
- Total Liabilities: $4,290,280
- Net Assets: -$1,141,772
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REVENUE FROM RENTAL OF
Revenue
$1,581,575
TENANT CHARGES
Revenue
$5,332
MISCELLANEOUS
Revenue
$725
Organization Details
Founding Year
1978
Phone
(314) 534-1361Principal Officer
Shirley Emerson
Main Address
2837 DELMAR BLVD, ST LOUIS, MO, 63103
NTEE Category
Code: L22Z - Housing
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