Overview
What is Marywood Inc?
Marywood Inc, located in Roanoke, Virginia, is a nonprofit organization that is dedicated to serving the needs of elderly and handicapped individuals. With a staff of nine dedicated individuals, Marywood Inc's primary mission is to provide housing for these individuals, ensuring they have a safe and comfortable living environment. The organization adheres to a non-discriminatory policy, welcoming individuals regardless of their race, sex, religion, or national origin. While the description does not specify any additional programs or services, it is clear that Marywood Inc's focus is on providing housing as a fundamental support for this vulnerable population.
Official website here: www.csmmanagement.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Marywood Inc has received a Four-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The organization scored 96% in this category, indicating a high level of transparency and responsible financial management. This rating is significant as it assures donors that their contributions are being utilized effectively and that the charity adheres to rigorous financial standards.
The nonprofit demonstrates several organizational strengths, including a fully independent board with 100% of its members being independent. It also excels in its financial practices, boasting a program expense ratio of 88.57%, which signifies that a substantial portion of its expenses directly support its programs. Other positive aspects include well-documented policies on conflict of interest, whistleblower protection, and proper documentation of board meeting minutes, all contributing to its robust governance framework.
While the data does not explicitly mention any limitations, the overall high score suggests that the organization is effectively managing its operations and maintaining a strong reputation within the nonprofit sector. Donors can feel confident in supporting Marywood Inc, knowing that their donations are likely to be invested wisely in the organization’s mission.
This AI summary has been generated from information found on Charity Navigator.
Is Marywood Inc legitimate?
Marywood Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marywood 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: $242,309
For more financial information, click here
Official website here: www.csmmanagement.com
What is the mission statement of Marywood Inc?
Marywood Inc is committed to providing housing for individuals who are elderly and those with disabilities. This organization is dedicated to upholding equality, regardless of an individual's race, sex, religion, or national origin. Their primary mission is to create a living environment that caters to the unique needs of these individuals, ensuring they have a comfortable and inclusive space to call home.
Official website here: www.csmmanagement.com
Who is the CEO of Marywood Inc?
Louise Hartz is the President of Marywood Inc.
Official website here: www.csmmanagement.com
What is the revenue of Marywood Inc?
Marywood Inc's revenue in 2022 was $1,263,078.
Official website here: www.csmmanagement.com
Who are the executives of Marywood Inc and what are their salaries?
The average compensation at Marywood Inc during 2022 was $26,923. There are 9 employees and 3 volunteers at Marywood Inc.
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Official website here: www.csmmanagement.com
Where can I find the form 990 for Marywood Inc?
Marywood Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.csmmanagement.com
Learn more at the official website: www.csmmanagement.com
Mission Statement of Marywood Inc
Marywood Inc, a nonprofit organization, is dedicated to providing housing for elderly and handicapped individuals. Its mission is centered around offering a living space that caters to the unique needs of this demographic. The organization is committed to upholding a policy of equality, ensuring that no individual is discriminated against based on factors such as race, sex, religion, or national origin. This inclusive approach reflects Marywood Inc's belief in the importance of creating an environment where everyone feels valued and respected. By providing housing for the elderly and handicapped, Marywood Inc contributes to the well-being of these communities, offering them a place to call home where they can live comfortably and with dignity.
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Impact
July, 2024
Marywood Inc provides crucial housing services for elderly and handicapped individuals in Roanoke, VA. By offering a safe and inclusive living environment, Marywood Inc positively impacts the lives of vulnerable individuals in the community. This organization plays a vital role in supporting those who may face challenges in finding suitable housing options due to age or disability. Marywood Inc's commitment to non-discrimination ensures that everyone, regardless of race, sex, religion, or national origin, has access to essential housing services, promoting equality and inclusivity within the community.
This information is meant to be a general summary of Marywood 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: -$33,050
- Program Service Revenue: $1,296,128
- Gross Receipts: $1,297,433
Assets and Liabilities:
- Total Assets: $2,978,118
- Total Liabilities: $1,499,708
- Net Assets: $1,478,410
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PMTS
Revenue
$843,256
TENANT RENT PAYMENTS
Revenue
$400,372
SERVICE COORDINATOR GR
Revenue
$41,430
MISCELLANEOUS INCOME
Revenue
$11,070
Organization Details
Founding Year
1981
Phone
(540) 563-4565Principal Officer
Louise Hartz
Main Address
3333 PETERS CREEK ROAD, ROANOKE, VA, 24019
Website
www.csmmanagement.comNTEE Category
Code: L22 - Housing
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