Overview
What is Brothers Of Mercy Of Montabaur Apartment Complex Inc?
Brothers of Mercy of Montabaur Apartment Complex Inc, operating under the alias Montabaur Heights, is a nonprofit organization situated in Clarence, New York. Based at 4530 Ransom Road, this organization specializes in providing housing solutions for the elderly, running a 111-unit senior living apartment community that is licensed by New York State. With a dedicated workforce of 90 employees, this nonprofit is committed to enhancing the living conditions and providing support for the elderly population in the area.
Official website here: www.brothersofmercy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Stars)
Brothers Of Mercy Of Montabaur Apartment Complex Inc has received a score of 66% from Charity Navigator, which translates to a Two-Star rating. This score is solely based on the Accountability & Finance beacon, indicating that the organization meets multiple accountability standards but may have room for improvement in financial management.
The organization shows strengths in governance, with 90% of board members being independent and the board size consisting of nine independent members. Additionally, there are no material diversions of assets, and the organization has established policies such as a conflict of interest policy and a whistleblower policy, which are critical for maintaining transparency and ethical operations.
However, the significant limitation noted is the liabilities to assets ratio of 102.28%, suggesting that the organization may have more liabilities than assets, which could raise concerns about its financial stability. Overall, while the organization demonstrates strong accountability practices, its financial health may warrant closer scrutiny.
This AI summary has been generated from information found on Charity Navigator.
Is Brothers Of Mercy Of Montabaur Apartment Complex Inc legitimate?
Brothers Of Mercy Of Montabaur Apartment Complex Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brothers Of Mercy Of Montabaur Apartment Complex 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: $108,975
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,322,528
For more financial information, click here
Official website here: www.brothersofmercy.org
What is the mission statement of Brothers Of Mercy Of Montabaur Apartment Complex Inc?
Brothers of Mercy of Montabaur Apartment Complex Inc operates a New York State licensed senior living apartment community, providing housing for the elderly. Their primary mission is to operate an 111-unit independent senior living apartment community. The organization is dedicated to offering a living space that caters to the elderly, ensuring they have a comfortable and secure environment to reside in.
Official website here: www.brothersofmercy.org
Who is the CEO of Brothers Of Mercy Of Montabaur Apartment Complex Inc?
Peter Eimer is the Board Member/Corp Ceo of Brothers Of Mercy Of Montabaur Apartment Complex Inc. The CEO's salary of Brothers Of Mercy Of Montabaur Apartment Complex Inc is $37,573 and their total compensation is $268,758.
Official website here: www.brothersofmercy.org
What is the revenue of Brothers Of Mercy Of Montabaur Apartment Complex Inc?
Brothers Of Mercy Of Montabaur Apartment Complex Inc's revenue in 2022 was $4,331,214.
Official website here: www.brothersofmercy.org
Who are the executives of Brothers Of Mercy Of Montabaur Apartment Complex Inc and what are their salaries?
The average compensation at Brothers Of Mercy Of Montabaur Apartment Complex Inc during 2022 was $15,906. There are 90 employees and 12 volunteers at Brothers Of Mercy Of Montabaur Apartment Complex Inc.
Here are 13 key members and their salaries (Brothers Of Mercy Of Montabaur Apartment Complex Inc's CEO's salary is $37,573 and their total compensation is $268,758):
- Compensation: $37,573
- Related: $212,915
- Other: $18,270
- Compensation: $12,973
- Related: $168,720
- Other: $18,304
- Compensation: $4,377
- Related: $141,524
- Other: $14,021
- Compensation: $71,682
- Related: $43,935
- Other: $5,873
- 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: $0
- Other: $0
Official website here: www.brothersofmercy.org
Where can I find the form 990 for Brothers Of Mercy Of Montabaur Apartment Complex Inc?
Brothers Of Mercy Of Montabaur Apartment Complex Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brothersofmercy.org
Learn more at the official website: www.brothersofmercy.org
Mission Statement of Brothers Of Mercy Of Montabaur Apartment Complex Inc
Brothers of Mercy of Montabaur Apartment Complex Inc is committed to providing housing for the elderly. Specifically, they operate a New York State licensed senior living apartment community, housing 111 independent elderly residents. This community aims to provide a safe and comfortable living environment for its elderly residents, offering them the independence they desire while ensuring their well-being. The organization's mission is to contribute to the overall quality of life of the elderly population, fostering an environment where they can live with dignity and respect.
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Impact
July, 2024
Brothers Of Mercy Of Montabaur Apartment Complex Inc provides housing for the elderly in Clarence, NY. By operating a 111-unit independent senior living apartment community, this organization directly impacts the lives of seniors by offering them a safe and comfortable place to live. Their mission of providing independent living options for seniors aligns with their activity of housing for the elderly, making a significant difference in the lives of the residents they serve.
This information is meant to be a general summary of Brothers Of Mercy Of Montabaur Apartment Complex 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.
- Program Service Revenue: $4,231,915
- Gross Receipts: $4,331,214
Assets and Liabilities:
- Total Assets: $17,246,476
- Total Liabilities: $17,640,993
- Net Assets: -$394,517
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$4,231,915
Organization Details
Founding Year
2014
Phone
(716) 407-5100Principal Officer
Peter Eimer
Main Address
4530 RANSOM ROAD, CLARENCE, NY, 14031
Website
www.brothersofmercy.orgNTEE Category
Code: X20 - Religion related
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