Overview
What is B'Nai B'Rith Apartments Of Deerfield Beach Iii Inc?
B'Nai B'Rith Apartments Of Deerfield Beach Iii Inc is a nonprofit organization situated in Deerfield Beach, Florida. Their primary focus is on providing low-income housing opportunities for the elderly and handicapped. This includes managing an 88-unit apartment complex, which is supported and regulated by the U.S. Department of Housing and Urban Development. This housing complex serves as a safe and assisted living space for individuals who may require additional support due to their age or disability.
Official website here: www.bnaibrithaptsdeerfield.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
B'Nai B'Rith Apartments Of Deerfield Beach III Inc has earned an 81% score, reflecting solid accountability and financial practices. The organization showcases a strong commitment to governance, with a fully independent board and transparent financial reporting, which includes an audit and oversight committee. These strengths contribute positively to its overall rating.
The organization excels in program expenses, allocating 91.46% of its budget directly to its programs. This indicates a strong focus on fulfilling its mission rather than diverting funds to administrative costs. Additionally, it has effective policies in place, such as conflict of interest and whistleblower protections, enhancing its credibility and operational integrity.
However, there is a notable concern regarding the liabilities to assets ratio, which stands at 143.07%, indicating a potential risk in financial health. While the organization demonstrates strong governance practices, this high ratio raises questions about its financial sustainability. Overall, while B'Nai B'Rith Apartments Of Deerfield Beach III Inc shows commendable strengths in many areas, attention to financial liabilities is advisable for long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is B'Nai B'Rith Apartments Of Deerfield Beach Iii Inc legitimate?
B'Nai B'Rith Apartments Of Deerfield Beach Iii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. B'Nai B'Rith Apartments Of Deerfield Beach Iii 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: $197,107
For more financial information, click here
Official website here: www.bnaibrithaptsdeerfield.org
What is the mission statement of B'Nai B'Rith Apartments Of Deerfield Beach Iii Inc?
The mission of B'Nai B'Rith Apartments Of Deerfield Beach Iii Inc is centered around providing affordable housing. Specifically, they focus on catering to the elderly and individuals with disabilities. Their operations involve managing an 88-unit apartment complex, which is regulated and assisted by the U.S. Department of Housing and Urban Development. The primary goal is to ensure that these vulnerable groups have access to suitable housing solutions.
Official website here: www.bnaibrithaptsdeerfield.org
What is the revenue of B'Nai B'Rith Apartments Of Deerfield Beach Iii Inc?
B'Nai B'Rith Apartments Of Deerfield Beach Iii Inc's revenue in 2024 was $859,869.
Official website here: www.bnaibrithaptsdeerfield.org
Who are the executives of B'Nai B'Rith Apartments Of Deerfield Beach Iii Inc and what are their salaries?
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Official website here: www.bnaibrithaptsdeerfield.org
Where can I find the form 990 for B'Nai B'Rith Apartments Of Deerfield Beach Iii Inc?
B'Nai B'Rith Apartments Of Deerfield Beach Iii Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.bnaibrithaptsdeerfield.org
Learn more at the official website: www.bnaibrithaptsdeerfield.org
Mission Statement of B'Nai B'Rith Apartments Of Deerfield Beach Iii Inc
B'Nai B'Rith Apartments of Deerfield Beach III Inc is dedicated to providing affordable housing for the elderly and individuals with disabilities. Their mission is to operate an 88-unit apartment complex, which is regulated and assisted by the U.S. Department of Housing and Urban Development. This housing complex serves as a sanctuary for these individuals, offering them a place to live with the necessary support and assistance they require. By providing low-income housing, B'Nai B'Rith Apartments of Deerfield Beach III Inc contributes to the well-being and independence of its residents, enabling them to maintain a decent standard of living.
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Impact
July, 2024
B'Nai B'Rith Apartments Of Deerfield Beach III Inc provides essential low-income housing for the elderly and handicapped individuals in Deerfield Beach, FL. By operating an 88-unit apartment complex that is regulated and assisted by the U.S. Department of Housing and Urban Development, this organization plays a crucial role in supporting vulnerable members of the community. Their impact can be seen in the improved quality of life, safety, and stability that they provide for those in need. This directly contributes to addressing the housing challenges faced by elderly and handicapped individuals, ultimately promoting a more inclusive and supportive society.
This information is meant to be a general summary of B'Nai B'Rith Apartments Of Deerfield Beach Iii 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 2024.
- Investment Income: $913
- Program Service Revenue: $278,823
- Gross Receipts: $859,869
Assets and Liabilities:
- Total Assets: $6,919,283
- Total Liabilities: $9,899,817
- Net Assets: -$2,980,534
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$278,823
Organization Details
Founding Year
2004
Principal Officer
Dennis Rice
NTEE Category
Code: P75 - Human services
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