Overview
What is Liberty Inc?
Liberty Inc, located at 2635 Fairway Drive, Fulton, Missouri 65251, is a nonprofit organization that focuses on providing housing facilities and services tailored to meet the physical, social, and psychological needs of adults with developmental disabilities. They operate under Section 811 of the National Housing Act, having an agreement with the Department of Housing and Urban Development (HUD). The mission of Liberty Inc is to ensure that these individuals have accessible and suitable housing options, thereby improving their overall quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star Rating. This rating reflects a focus solely on Accountability & Finance, indicating that Liberty Inc demonstrates an adequate level of financial health and transparency.
The organization has a strong governance framework, featuring a fully independent board with 9 members, and has shown no material diversion of assets. Furthermore, it actively documents its board meeting minutes, contributing to its positive score in accountability practices. The program expense ratio of 87.71% suggests a significant portion of its expenses are directed towards its mission-related programs.
However, despite these strengths, the overall rating of 73% and the Two-Star status suggest there is room for improvement in areas beyond financial accountability. Stakeholders may want to explore further how Liberty Inc manages its operational effectiveness and impact to ensure their contributions are making the desired difference.
This AI summary has been generated from information found on Charity Navigator.
Is Liberty Inc legitimate?
Liberty Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Liberty 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: $29,109
For more financial information, click here
What is the mission statement of Liberty Inc?
Liberty Inc, as a organization, is committed to providing housing facilities and services for adults with developmental disabilities. Under the agreement with the Department of Housing and Urban Development (HUD), they operate under Section 811 of the National Housing Act. Their mission is to cater to the physical, social, and psychological needs of these individuals, ensuring they live in an environment that suits their unique requirements. Liberty Inc is dedicated to enhancing the quality of life for these individuals by offering them a suitable living space.
Who is the CEO of Liberty Inc?
Jacob Baumgartner is the Chairperson of Liberty Inc.
What is the revenue of Liberty Inc?
Liberty Inc's revenue in 2022 was $118,381.
Who are the executives of Liberty Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Liberty Inc?
Liberty Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Liberty Inc
Liberty Inc, a nonprofit organization, is dedicated to serving individuals with developmental disabilities. Their mission, as stated under Section 811 of the National Housing Act, is to provide housing facilities and services that cater to the physical, social, and psychological needs of these individuals. They do so through an agreement with the Department of Housing and Urban Development (HUD). In essence, Liberty Inc aims to create living spaces that are conducive to the holistic well-being of adults with developmental disabilities, ensuring they live with dignity and independence.
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Impact
October, 2024
Liberty Inc significantly enhances the lives of adults with developmental disabilities by providing tailored housing solutions that meet their unique physical, social, and psychological needs. Operating under Section 811 of the National Housing Act in partnership with the Department of HUD, Liberty Inc offers safe and supportive living environments in Fulton, MO. This initiative not only addresses the critical housing shortages faced by this vulnerable population but also fosters independence and community integration, improving overall quality of life. By focusing on individualized support and accessible facilities, Liberty Inc plays a crucial role in empowering its residents and helping them thrive in their day-to-day lives.
This information is meant to be a general summary of Liberty 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: $48
- Program Service Revenue: $118,333
- Gross Receipts: $118,381
Assets and Liabilities:
- Total Assets: $679,073
- Total Liabilities: $99,282
- Net Assets: $579,791
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$118,333
Organization Details
Founding Year
2000
Phone
(573) 642-1792Principal Officer
Jacob Baumgartner
Main Address
2635 FAIRWAY DRIVE, FULTON, MO, 65251
NTEE Category
Code: L21 - Housing
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