Overview
What is B'Nai B'Rith Covenant House Of Peoria?
B'Nai B'Rith Covenant House of Peoria is a nonprofit organization situated in Peoria, Illinois. Its primary mission is to provide affordable housing for the elderly and individuals with disabilities, aiming to enhance their living standards. The organization is dedicated to this cause, offering low-rent housing as a solution to meet the housing needs of its target demographic.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Stars)
B'Nai B'Rith Covenant House of Peoria has earned a 67% rating from Charity Navigator, reflecting a two-star evaluation. The organization demonstrates strong governance practices with a fully independent board and effective financial oversight, achieving high scores in areas like board composition and financial statement auditing. Notably, the program expense ratio is commendable at 84.36%, indicating a significant portion of funds is directed towards its programs.
However, the organization has several limitations that impact its overall rating. The liabilities to assets ratio is concerning at 204.51%, suggesting a high level of financial risk. Additionally, several key policies, including conflict of interest and whistleblower policies, are missing, which raises questions about accountability and transparency.
While B'Nai B'Rith Covenant House of Peoria shows strengths in certain operational areas, addressing its financial liabilities and enhancing its policy framework could improve its standing and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is B'Nai B'Rith Covenant House Of Peoria legitimate?
B'Nai B'Rith Covenant House Of Peoria is a legitimate nonprofit organization registered as a 501(c)(3) entity. B'Nai B'Rith Covenant House Of Peoria 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.
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What is the mission statement of B'Nai B'Rith Covenant House Of Peoria?
The organization, B'Nai B'Rith Covenant House, is committed to a mission that aims to provide affordable housing for the elderly and individuals with disabilities. The primary purpose of this organization is to offer low-rent housing as a solution, catering to the needs of this specific demographic. By doing so, it contributes to ensuring a suitable living environment for these individuals, enhancing their quality of life.
Who is the CEO of B'Nai B'Rith Covenant House Of Peoria?
Michael Stone is the President of B'Nai B'Rith Covenant House Of Peoria.
What is the revenue of B'Nai B'Rith Covenant House Of Peoria?
B'Nai B'Rith Covenant House Of Peoria's revenue in 2022 was $3,425,899.
Who are the executives of B'Nai B'Rith Covenant House Of Peoria and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for B'Nai B'Rith Covenant House Of Peoria?
B'Nai B'Rith Covenant House Of Peoria's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of B'Nai B'Rith Covenant House Of Peoria
B'Nai B'Rith Covenant House of Peoria is a dedicated organization with a mission to provide affordable housing for the elderly and individuals with disabilities. Their primary purpose is to create a living environment that caters to the unique needs of this demographic, offering them a sense of independence and security. By providing low-rent housing, this nonprofit organization aims to contribute positively to the lives of these individuals, enhancing their quality of life and enabling them to live comfortably within their means.
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Impact
July, 2024
B'Nai B'Rith Covenant House Of Peoria's impact lies in providing essential low-rent housing to the elderly and handicapped individuals in Peoria, Illinois. By offering affordable housing options, this organization plays a crucial role in ensuring that these vulnerable members of the community have a safe and stable place to live. This support not only helps improve their quality of life but also contributes to their overall well-being and dignity. Through its mission, B'Nai B'Rith Covenant House Of Peoria serves as a beacon of hope for those in need of secure and affordable housing options, making a significant difference in the lives of its residents.
This information is meant to be a general summary of B'Nai B'Rith Covenant House Of Peoria. 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: $11,573
- Program Service Revenue: $869,786
- Gross Receipts: $3,456,867
Assets and Liabilities:
- Total Assets: $3,562,624
- Total Liabilities: $7,286,262
- Net Assets: -$3,723,638
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME HOUSING
Revenue
$869,786
Organization Details
Founding Year
1975
Phone
(309) 673-2252Principal Officer
Michael Stone
Main Address
215 W SAM J STONE AVENUE, PEORIA, IL, 61605
NTEE Category
Code: L22 - Housing
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