Overview
What is Hillsboro Manor Housing Inc?
Hillsboro Manor Housing Inc is a nonprofit organization that specializes in providing housing accommodations for the elderly and individuals with disabilities. They oversee the operation and management of a multi-unit complex, ensuring the well-being of its residents by covering the associated expenses. Their primary mission revolves around offering housing solutions for this specific demographic, aiming to enhance the quality of life for those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects Hillsboro Manor Housing Inc's overall performance in terms of accountability and finance, indicating a need for improvement despite some strong aspects in governance.
The organization shows notable strengths with a fully independent board and a good program expense ratio, allocating 95.77% of its budget directly to program services. Additionally, there are no material diversions of assets, underscoring financial integrity. The organization also demonstrates transparency by documenting board meeting minutes, which is a positive sign for stakeholders.
However, significant areas for improvement are evident. The nonprofit lacks critical policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are essential for transparency and accountability. Furthermore, the absence of the tax form on the nonprofit's website raises concerns about openness and accessibility of financial information.
This AI summary has been generated from information found on Charity Navigator.
Is Hillsboro Manor Housing Inc legitimate?
Hillsboro Manor Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hillsboro Manor Housing 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
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What is the mission statement of Hillsboro Manor Housing Inc?
Hillsboro Manor Housing Inc, as a mission, is dedicated to offering housing solutions for the elderly and handicapped individuals. The organization manages and operates a multi-unit complex, ensuring the provision of suitable living spaces for its residents. The primary objective of Hillsboro Manor Housing Inc is to cover the associated expenses, including ownership, management, and operational costs. The organization's purpose is to provide a safe and comfortable living environment for its elderly and handicapped residents, ensuring they can maintain their independence and quality of life.
Who is the CEO of Hillsboro Manor Housing Inc?
Randy Rust is the Chairman of Hillsboro Manor Housing Inc.
What is the revenue of Hillsboro Manor Housing Inc?
Hillsboro Manor Housing Inc's revenue in 2023 was $143,849.
Who are the executives of Hillsboro Manor Housing Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Hillsboro Manor Housing Inc?
Hillsboro Manor Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hillsboro Manor Housing Inc
Hillsboro Manor Housing, a nonprofit organization, is dedicated to providing housing for the elderly and individuals with disabilities. The organization's mission involves managing and operating a multi-unit housing complex, with the associated costs being a crucial part of its operations. This mission aims to ensure that the elderly and handicapped individuals have access to safe and comfortable living spaces. Hillsboro Manor Housing's mission is about more than just providing housing; it's about making a positive impact on the lives of those who need it most.
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Impact
October, 2024
Hillsboro Manor Housing Inc plays a crucial role in supporting the elderly and handicapped communities by offering affordable and accessible housing options. By managing a multi-unit housing complex, it alleviates the burden of high living costs and fosters a sense of community among residents. The organization ensures that vulnerable populations have a safe and stable environment, which is essential for their well-being and independence. Additionally, by addressing the specific needs of the elderly and handicapped, Hillsboro Manor Housing enhances their quality of life, contributing to their overall health and social engagement in Hillsboro, ND. This initiative not only provides shelter but also promotes dignity and respect for individuals in these demographics, making a significant impact in their lives and the community as a whole.
This information is meant to be a general summary of Hillsboro Manor Housing 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: $45
- Program Service Revenue: $143,804
- Gross Receipts: $143,849
Assets and Liabilities:
- Total Assets: $755,790
- Total Liabilities: $337,164
- Net Assets: $418,626
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL FEES
Revenue
$143,804
Organization Details
Founding Year
1998
Phone
(701) 636-4353Principal Officer
Randy Rust
Main Address
507 3RD ST SE APT 15, HILLSBORO, ND, 580454835
NTEE Category
Code: L22 - Housing
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