Overview
What is National Church Residences Of Memphis Tn?
National Church Residences of Memphis TN is a nonprofit organization primarily dedicated to offering subsidized housing for elderly individuals, falling under the income categories of low and moderate. This commitment is carried out through the U.S. Department of HUD's Section 202 and 8 programs. Rooted in a Christian ethos of service, the organization aims to provide top-notch care, services, and residential communities for senior citizens, ensuring a high standard of living.
Official website here: www.ncr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating.
National Church Residences of Memphis, TN has received a solid Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and financial health. The organization's score is based entirely on its Accountability & Finance metrics, where it achieved an impressive score of 82%. This rating reflects the charity's commitment to transparency and responsible financial management.
One of the strengths highlighted in their evaluation is the organization's governance structure, with 10 out of 10 points for having a fully independent board. Additionally, they have no material diversion of assets, which indicates effective resource management. Other positive indicators include a robust program expense ratio of 84.11%, suggesting that a significant portion of their expenses is directed towards fulfilling their mission.
While the rating is strong, it primarily focuses on financial metrics, and further insights into programmatic effectiveness and impact may be beneficial for potential donors and stakeholders looking for a comprehensive understanding of the organization's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is National Church Residences Of Memphis Tn legitimate?
National Church Residences Of Memphis Tn is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Church Residences Of Memphis Tn 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:
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For more financial information, click here
Official website here: www.ncr.org
What is the mission statement of National Church Residences Of Memphis Tn?
National Church Residences of Memphis TN, originating from a Christian commitment to service, is dedicated to providing high-quality care, services, and residential communities for all seniors. Their primary mission is to offer subsidized low and moderate-income housing for primarily elderly individuals through the U.S. Department of HUD's Section 202 and 8 programs. Their aim is to ensure that seniors have access to suitable living environments, thereby enhancing their quality of life. The organization's goal is to go beyond providing housing, offering a comprehensive range of services that cater to the needs of seniors.
Official website here: www.ncr.org
Who is the CEO of National Church Residences Of Memphis Tn?
Jill Kolb is the Chair of National Church Residences Of Memphis Tn.
Official website here: www.ncr.org
What is the revenue of National Church Residences Of Memphis Tn?
National Church Residences Of Memphis Tn's revenue in 2023 was $482,552.
Official website here: www.ncr.org
Who are the executives of National Church Residences Of Memphis Tn and what are their salaries?
There 10 volunteers at National Church Residences Of Memphis Tn.
Here are 17 key members and their salaries:
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- Related: $477,320
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- Other: $38,735
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- Related: $268,480
- Other: $22,702
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- Related: $463,072
- Other: $27,928
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- Related: $228,292
- Other: $33,197
Official website here: www.ncr.org
Where can I find the form 990 for National Church Residences Of Memphis Tn?
National Church Residences Of Memphis Tn's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ncr.org
Learn more at the official website: www.ncr.org
Mission Statement of National Church Residences Of Memphis Tn
National Church Residences Of Memphis Tn, rooted in a Christian commitment to service, is dedicated to providing high-quality care, services, and residential communities for all seniors. Their primary mission is to offer subsidized low and moderate-income apartment rental housing primarily for the elderly population, facilitated through the U.S. Department of HUD's Sections 202 and 8 programs. This nonprofit organization strives to create an environment where senior residents can live comfortably and with dignity, ensuring they receive the care and support they need.
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Impact
July, 2024
National Church Residences Of Memphis Tn's impact is significant in providing housing for low and moderate-income individuals, primarily focusing on elderly persons. Their sole purpose is to offer subsidized low and moderate-income apartment rental housing through the U.S. Department of HUD Sections 202 and 8 programs. Originating from a Christian commitment of service, their mission is to provide high-quality care, services, and residential communities for all seniors. By offering affordable housing options and support services, National Church Residences Of Memphis Tn positively impacts the lives of seniors in need, ensuring they have a safe and comfortable place to call home.
This information is meant to be a general summary of National Church Residences Of Memphis Tn. 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: $1,228
- Program Service Revenue: $197,179
- Gross Receipts: $482,552
Assets and Liabilities:
- Total Assets: $2,539,874
- Total Liabilities: $3,561,323
- Net Assets: -$1,021,449
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS - NET
Revenue
$197,179
Organization Details
Founding Year
2002
Phone
(614) 451-2151Principal Officer
Jill Kolb
Main Address
2245 NORTH BANK DRIVE, COLUMBUS, OH, 43220
Website
www.ncr.orgNTEE Category
Code: L22 - Housing
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