Overview
What is Murphy Senior Living Inc?
Murphy Senior Living Inc is a nonprofit organization situated in St. Louis, Missouri, with an address at 3309 Olive Street, 63103. Their primary mission is to offer affordable housing solutions to the elderly and individuals with disabilities, adhering to Section 207 of the National Housing Act. Specifically, they manage an apartment complex comprising 141 units, designed to cater to this specific demographic. Their objective is to provide a safe, supportive living environment that respects the needs and dignity of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
Murphy Senior Living Inc has received a rating of 67%, reflecting a Two-Star rating from Charity Navigator. This score indicates that while the organization demonstrates some strengths in accountability and finance, there are areas that require improvement. The organization has achieved full marks for its independent board members, audit of financial statements, and program expense ratio, indicating that a high percentage of its funds are directed towards its programs.
Despite these strengths, Murphy Senior Living Inc faces challenges, particularly in its liabilities to assets ratio, which is notably high at 325.93%. This suggests potential financial instability, as the organization has more liabilities than assets, which could impact its long-term sustainability. Stakeholders may want to consider this factor when evaluating the organization’s overall financial health.
Overall, while Murphy Senior Living Inc shows a commitment to transparency and effective program funding, improvements in financial management are necessary to enhance its rating and ensure ongoing support for its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Murphy Senior Living Inc legitimate?
Murphy Senior Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Murphy Senior Living 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: $0
For more financial information, click here
What is the mission statement of Murphy Senior Living Inc?
Murphy Senior Living Inc is committed to providing low-income housing for the elderly and handicapped. This organization operates an apartment complex consisting of 141 units, all adhering to Section 207 of the National Housing Act, which is dedicated to offering affordable housing for this specific demographic. The primary goal of Murphy Senior Living Inc is to ensure that these vulnerable individuals have access to suitable living spaces. By doing so, the organization contributes to their overall well-being and independence, enhancing their quality of life.
Who is the CEO of Murphy Senior Living Inc?
Dawn Kleinschrodt is the President of Murphy Senior Living Inc.
What is the revenue of Murphy Senior Living Inc?
Murphy Senior Living Inc's revenue in 2022 was $1,444,311.
Who are the executives of Murphy Senior Living Inc and what are their salaries?
There 6 volunteers at Murphy Senior Living Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Murphy Senior Living Inc?
Murphy Senior Living Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Murphy Senior Living Inc
Murphy Senior Living Inc, as its name suggests, is committed to providing low-income housing opportunities for the elderly and individuals with disabilities. Their mission is meticulously carried out through the operation of an apartment complex, which houses 141 units, in compliance with Section 207 of the National Housing Act. This legislation is designed to cater to this specific demographic, ensuring they have access to affordable and suitable living spaces. By providing this essential service, Murphy Senior Living Inc plays a significant role in enhancing the quality of life for these individuals, enabling them to live with dignity and independence.
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Impact
July, 2024
Murphy Senior Living Inc's impact is significant in providing low-income housing for the elderly and handicapped in St. Louis, Missouri. Through the operation of a 141-unit apartment complex under Section 207 of the National Housing Act, the organization offers accessible and affordable housing options for vulnerable populations in the community. This initiative not only meets a crucial need for safe and suitable housing for seniors and individuals with disabilities but also contributes to enhancing their quality of life and well-being. By focusing on this mission, Murphy Senior Living Inc positively impacts the lives of its residents and serves as a valuable resource in promoting housing equity and inclusivity.
This information is meant to be a general summary of Murphy Senior Living 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: $4,589
- Program Service Revenue: $1,391,753
- Gross Receipts: $1,444,311
Assets and Liabilities:
- Total Assets: $1,760,290
- Total Liabilities: $5,737,452
- Net Assets: -$3,977,162
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$1,375,387
OTHER TENANT CHARGES
Revenue
$16,366
Organization Details
Founding Year
1999
Phone
(314) 862-5955Principal Officer
Dawn Kleinschrodt
Main Address
3309 OLIVE STREET, ST LOUIS, MO, 63103
NTEE Category
Code: L22 - Housing
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