Overview
What is Belmont Independent Living Inc?
Belmont Independent Living Inc, situated in Goldboro, North Carolina, is a dedicated nonprofit organization. Their primary mission is to provide housing opportunities for low-income individuals with disabilities. Through their initiatives, they aim to offer a safe and supportive living environment, ensuring equal opportunities for those who may face various challenges due to their handicaps. The organization's core activity involves facilitating housing solutions, thereby empowering these individuals to lead independent lives with dignity and integrity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%
Belmont Independent Living Inc has received a Three-Star out of Four Star rating from Charity Navigator, indicating a solid level of accountability and financial management. The organization scored 75% based on its Accountability & Finance metrics, which highlights its commitment to transparency and responsible management of resources.
Strengths of the organization include a fully independent board, with all eight members meeting the criteria for independence. Additionally, the charity has established robust financial oversight mechanisms, evidenced by a well-functioning audit and oversight committee, and a high program expense ratio of 79.73%. This suggests that a significant portion of its expenditures directly supports its mission.
While the rating reflects strong performance in accountability and finance, the overall score is based solely on this single beacon area. This might indicate a lack of additional performance metrics that could provide a more comprehensive view of the charity's impact and effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Belmont Independent Living Inc legitimate?
Belmont Independent Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Belmont Independent Living 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: $120,672
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What is the mission statement of Belmont Independent Living Inc?
Belmont Independent Living Inc is committed to providing housing for individuals with disabilities who are financially disadvantaged. Their mission is centered around offering a home to this specific group, ensuring they have a place to live with dignity and comfort. The organization's activities are primarily focused on this housing provision, aiming to make a significant difference in the lives of these individuals. By providing housing, they contribute to their overall well-being and independence, thereby enhancing their quality of life.
Who is the CEO of Belmont Independent Living Inc?
Stephen Bernstein is the President/Ch of Belmont Independent Living Inc.
What is the revenue of Belmont Independent Living Inc?
Belmont Independent Living Inc's revenue in 2023 was $618,273.
Who are the executives of Belmont Independent Living Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Belmont Independent Living Inc?
Belmont Independent Living Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Belmont Independent Living Inc
Belmont Independent Living Inc, a not-for-profit organization, is dedicated to providing housing solutions for low-income individuals with disabilities. Their mission is crystal clear: to offer a home to individuals who are financially disadvantaged and have physical impairments. This mission is a testament to their commitment to ensuring equal opportunities for all, regardless of their financial situation or physical abilities. By providing housing, Belmont Independent Living Inc is not just offering a roof over heads, but is contributing to a more inclusive and equitable society. The organization's work is instrumental in empowering these individuals, allowing them to live with dignity and independence.
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Impact
July, 2024
Belmont Independent Living Inc provides vital housing services to low-income handicapped individuals in Goldsboro, North Carolina. This organization directly impacts the lives of these individuals by offering them a safe and supportive living environment that meets their specific needs. By fulfilling its mission of providing housing to this underserved population, Belmont Independent Living Inc is making a meaningful difference in the community by promoting independence and improving the quality of life for those who may otherwise struggle to find suitable housing options.
This information is meant to be a general summary of Belmont Independent Living 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: $102
- Program Service Revenue: $616,310
- Gross Receipts: $618,273
Assets and Liabilities:
- Total Assets: $561,792
- Total Liabilities: $1,318,451
- Net Assets: -$756,659
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYMENTS
Revenue
$544,375
RENT REVENUE
Revenue
$71,935
Organization Details
Founding Year
1983
Phone
(919) 734-1111Principal Officer
Stephen Bernstein
Main Address
PO BOX 2063, GOLDSBORO, NC, 27533
NTEE Category
Code: L200 - Housing
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