Overview
What is Effingham Ministries Inc?
Effingham Ministries Inc., established on September 25, 2015, in Illinois, is a nonprofit organization dedicated to providing affordable housing and related services for low-income elderly or disabled individuals. It was established under the guidelines of the U.S. Department of Housing and Urban Development (HUD) and received funding and assistance under Section 202 of the National Housing Act. The organization operated a community in Wheaton, Illinois, offering housing and related services. However, as mentioned in the information, the underlying property was sold in December 2021, and the organization is currently in the process of winding down its operations. Despite this, Effingham Ministries Inc. has made significant contributions to providing housing solutions for vulnerable individuals in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Effingham Ministries Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The overall score reflects a focus on financial health and transparency, which is pivotal for donor confidence. With a score of 79%, the organization demonstrates a reliable management of funds and adherence to established policies.
The nonprofit excels in several key areas, including a perfect score in the audit and oversight committee, material diversion of assets, and maintaining comprehensive policies related to conflicts of interest and whistleblower protections. The significant program expense ratio of 96.33% highlights that the majority of its expenditures are directed towards its programs, showcasing a commitment to its mission.
However, while the financial score is strong, the overall rating is derived solely from the accountability and finance beacon. This indicates that potential donors may want to seek additional information about the organization's programmatic impact, community engagement, and overall effectiveness beyond just financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Effingham Ministries Inc legitimate?
Effingham Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Effingham Ministries 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: $29,048
For more financial information, click here
What is the mission statement of Effingham Ministries Inc?
Effingham Ministries Inc. is a not-for-profit corporation established in September 2015, with a mission to serve low-income elderly or disabled individuals. The organization operates a community that provides housing and related services. It receives support from the U.S. Department of Housing and Urban Development under Section 202 of the National Housing Act. Originally, the property was operational until December 2021, after which the organization began the process of winding down its operations.
Who is the CEO of Effingham Ministries Inc?
Melissa Clayton is the President/Director of Effingham Ministries Inc.
What is the revenue of Effingham Ministries Inc?
Effingham Ministries Inc's revenue in 2022 was $2,214,420.
Who are the executives of Effingham Ministries Inc and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $94,309
- Other: $16,925
- Compensation: $0
- Related: $215,449
- Other: $8,873
- Compensation: $0
- Related: $134,820
- Other: $30,258
- Compensation: $0
- Related: $228,009
- Other: $33,552
- Compensation: $0
- Related: $192,019
- Other: $31,505
- Compensation: $0
- Related: $189,811
- Other: $4,240
- Compensation: $0
- Related: $162,243
- Other: $9,934
- Compensation: $0
- Related: $239,519
- Other: $10,391
Where can I find the form 990 for Effingham Ministries Inc?
Effingham Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Effingham Ministries Inc
Effingham Ministries Inc, established in accordance with Illinois' not-for-profit statutes in 2015, was formed with a mission to provide housing and related services for very low-income elderly or disabled individuals. The organization received housing assistance and capital advances from the U.S. Department of Housing and Urban Development under Section 202 of the National Housing Act. Effingham Ministries' purpose was to create a community that catered to the needs of this specific population, offering them a safe and supportive living environment. However, the underlying property was sold in December 2021, and the organization is currently in the process of winding down its operations. Despite this transition, Effingham Ministries' commitment to serving the elderly and disabled community remains significant, as it has played a crucial role in providing housing and related services for those in need.
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Impact
July, 2024
Effingham Ministries Inc made a significant impact by providing affordable housing and related services for very low-income elderly or disabled persons in Wheaton, Illinois. Through their operation, they received housing assistance and capital advances from the U.S. Department of Housing and Urban Development, helping to fulfill a crucial need in the community. While the organization is currently in the process of winding down its operations after the sale of the property in December 2021, their efforts have undoubtedly positively impacted the lives of those in need of affordable housing and support services.
This information is meant to be a general summary of Effingham Ministries 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: $2,192,745
- Program Service Revenue: $13,519
- Gross Receipts: $3,721,676
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER REVENUE
Revenue
$9,747
NET RENTAL REVENUE
Revenue
$3,337
ANCILLARY SERVICES
Revenue
$435
Organization Details
Founding Year
2001
Phone
(303) 830-3300Principal Officer
Melissa Clayton
Main Address
1600 BROADWAY SUITE 2000, DENVER, CO, 802025704
NTEE Category
Code: L21 - Housing
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