Overview
What is Christian Church Facilities For The Aging Inc?
Christian Church Facilities for the Aging Inc is a nonprofit organization situated in Rockville, Maryland, specifically at 199 Rollins Avenue. Their primary objective is to construct and operate an apartment complex comprising 255 units, intended for housing elderly or handicapped families and individuals. This endeavor aligns with the provisions of Section 202 of the Housing Act of 1959. The organization, with a workforce of 11 employees, is dedicated to providing suitable living arrangements that cater to the specific needs of the elderly and handicapped population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%
Christian Church Facilities For The Aging Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial transparency. While the organization boasts a fully independent board and no material diversion of assets, it struggles in several critical areas related to financial reporting and governance policies.
The nonprofit's strengths include a high program expense ratio of 93.21%, which suggests that a large portion of its resources is directed toward its mission-related activities. Additionally, the organization has maintained complete independence among board members, which is a positive indicator of governance. However, the lack of required financial statements and essential policies such as conflict of interest and whistleblower policies raises serious concerns about its operational transparency and accountability.
The organization has missed opportunities to enhance its credibility by not posting its financial documents and tax forms on its website. The liabilities to assets ratio of 73.14% also indicates potential financial risk. Overall, while the organization effectively channels funds into its programs, the lack of proper financial oversight and transparency significantly undermines trust and raises questions about its overall governance.
This AI summary has been generated from information found on Charity Navigator.
Is Christian Church Facilities For The Aging Inc legitimate?
Christian Church Facilities For The Aging Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian Church Facilities For The Aging 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: $111,664
Professional Fundraising Fees: $0
Other Salaries and Wages: $280,831
For more financial information, click here
What is the mission statement of Christian Church Facilities For The Aging Inc?
Christian Church Facilities For The Aging Inc was established with a mission to construct and manage an apartment complex comprising 255 units, designed to provide housing for elderly or handicapped families and individuals. This mission aligns with the provisions of Section 202 of the Housing Act of 1959. The organization's goal is to provide a suitable living environment for this specific demographic, ensuring they have a place to call home. The apartment complex aims to promote independence and comfort for its residents, offering a safe and supportive community.
Who is the CEO of Christian Church Facilities For The Aging Inc?
Thomas Jones is the Administrator of Christian Church Facilities For The Aging Inc.
What is the revenue of Christian Church Facilities For The Aging Inc?
Christian Church Facilities For The Aging Inc's revenue in 2022 was $2,202,155.
Who are the executives of Christian Church Facilities For The Aging Inc and what are their salaries?
The average compensation at Christian Church Facilities For The Aging Inc during 2022 was $35,681. There are 11 employees and 6 volunteers at Christian Church Facilities For The Aging Inc.
Here are 13 key members and their salaries:
- Compensation: $111,664
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- Other: $35,853
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Where can I find the form 990 for Christian Church Facilities For The Aging Inc?
Christian Church Facilities For The Aging Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Christian Church Facilities For The Aging Inc
Christian Church Facilities For The Aging Inc, a nonprofit organization, was established with a mission to construct and manage an apartment complex. This complex, consisting of 255 units, is specifically designed to provide housing for elderly or handicapped families and individuals. This mission aligns with the provisions of Section 202 of the Housing Act of 1959. The organization's primary goal is to offer a suitable living space for those who may require special accommodations due to their age or disability, thereby contributing to their overall well-being.
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Impact
July, 2024
Christian Church Facilities For The Aging Inc has had a significant impact by providing housing for elderly and handicapped families and individuals through the construction and operation of a 255-unit apartment complex. This initiative aligns with the mission of the organization to offer suitable accommodation in accordance with the provisions of the Housing Act of 1959. By addressing the housing needs of this vulnerable population, Christian Church Facilities For The Aging Inc has made a positive difference in the lives of many individuals in ROCKVILLE, MD.
This information is meant to be a general summary of Christian Church Facilities For The Aging 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: $1,132
- Program Service Revenue: $2,105,275
- Gross Receipts: $2,202,155
Assets and Liabilities:
- Total Assets: $4,618,777
- Total Liabilities: $3,378,501
- Net Assets: $1,240,276
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING FOR THE AGING
Revenue
$2,105,275
Organization Details
Founding Year
1969
Principal Officer
Thomas Jones
Main Address
199 Rollins Avenue, Rockville, MD, 20852
NTEE Category
Code: L22 - Housing
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