Overview
What is Dima Ii Inc?
Dima Ii Inc is a nonprofit organization located in Wilmington, Delaware. Their primary mission is to provide safe and affordable housing for individuals in the community who are living with mental illness or disabilities. They secure funds for this purpose through various means, including solicitation and investment. The organization's activities are centered around offering a safe alternative living space for those in need, aiming to improve their overall well-being and quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star rating
Dima Ii Inc has received a 57% overall score, reflecting a One-Star rating, which indicates significant concerns about its financial management and accountability. The organization demonstrates strengths in governance with a fully independent board and proper document retention practices, showcasing a commitment to transparency.
However, the charity faces notable weaknesses in its financial metrics, particularly with a high liabilities to assets ratio of 243.84%, which suggests potential financial instability. While the program expense ratio is reasonably solid at 63.88%, the overall picture indicates that the organization may struggle to maintain fiscal health, which could impact its long-term sustainability.
Overall, while Dima Ii Inc shows strengths in governance and operational transparency, the financial challenges highlighted by the low rating warrant careful consideration by potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Dima Ii Inc legitimate?
Dima Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dima Ii 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: $12,858
For more financial information, click here
What is the mission statement of Dima Ii Inc?
Dima Ii Inc, as an organization, is committed to providing a safe and affordable housing solution for individuals in the community who are living with disabilities, including those dealing with mental illness. Their mission is to create a housing alternative that caters to this specific group, demonstrating a strong dedication to their well-being. They also engage in fundraising activities, investing and distributing funds specifically for this purpose.
Who is the CEO of Dima Ii Inc?
Joshua Thomas Phd is the President of Dima Ii Inc.
What is the revenue of Dima Ii Inc?
Dima Ii Inc's revenue in 2023 was $63,008.
Who are the executives of Dima Ii Inc and what are their salaries?
There 8 volunteers at Dima Ii Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Dima Ii Inc?
Dima Ii Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Dima Ii Inc
Dima II Inc, a nonprofit organization, is dedicated to providing safe and affordable housing for individuals in the community who are living with disabilities, particularly those experiencing mental illness. The mission of Dima II Inc is to create a welcoming environment where these individuals can reside with dignity and security. The organization's goal is to solicit, receive, invest, administer, and distribute funds for this purpose, ensuring that the housing provided is both suitable and accessible for its residents. By offering alternative housing options, Dima II Inc aims to contribute positively to the well-being and independence of those living with mental illness, thereby enriching the community as a whole.
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Impact
August, 2024
Dima Ii Inc's impact lies in its mission to provide safe, affordable housing to individuals in the community who are living with mental illness. By offering alternative housing options and actively seeking, managing, and distributing funds for this purpose, Dima Ii Inc plays a crucial role in supporting those with mental illness in finding stable living conditions. Through its focus on housing, Dima Ii Inc helps enhance the quality of life for individuals in the community facing mental health challenges, ensuring they have a safe and supportive environment to call home.
This information is meant to be a general summary of Dima Ii 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: $1,475
- Program Service Revenue: $24,764
- Gross Receipts: $63,008
Assets and Liabilities:
- Total Assets: $340,874
- Total Liabilities: $831,195
- Net Assets: -$490,321
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE- TENANT PORTION
Revenue
$24,764
Organization Details
Founding Year
1992
Phone
(302) 427-0787Principal Officer
Joshua Thomas Phd
Main Address
2400 WEST 4TH STREET, WILMINGTON, DE, 19805
NTEE Category
Code: L25Z - Housing
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