Overview
What is Glen Burnie Senior Housing Inc?
Glen Burnie Senior Housing Inc is a nonprofit organization situated in Timonium, Maryland. Their primary focus is to offer affordable and supportive living spaces for senior adults. The organization strives to foster a sense of purpose, wellness, and harmony among both its residents and employees. Glen Burnie Senior Housing Inc is affiliated with Associated Catholic Charities, Inc., an organization that is driven by the principles of the Gospel, aiming to serve, teach, and love to improve the lives of those in need in Maryland.
Official website here: www.cc-md.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Glen Burnie Senior Housing Inc has earned an 81% rating from Charity Navigator, which reflects its strong performance in accountability and finance. This rating is based entirely on the organization's financial practices, indicating a solid commitment to transparency and responsible management of resources. The organization boasts a high program expense ratio of 91.50%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs.
The organization demonstrates robust governance, with 66% of its board members being independent. Additionally, it has received maximum points for its audit and oversight committee and has implemented essential policies such as a conflict of interest policy and a whistleblower policy, contributing to its strong accountability score. The documentation of board meeting minutes is also maintained, enhancing the organization's transparency.
However, while the financials are mostly positive, one notable limitation is the liabilities to assets ratio, which stands at 198.02%. This indicates that the organization has more liabilities than assets, which could raise concerns about its financial stability in the long term. Overall, Glen Burnie Senior Housing Inc shows commendable strengths in governance and financial management, but it may need to address its liabilities to enhance its overall financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Glen Burnie Senior Housing Inc legitimate?
Glen Burnie Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Glen Burnie Senior Housing 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: $218,098
For more financial information, click here
Official website here: www.cc-md.org
What is the mission statement of Glen Burnie Senior Housing Inc?
Glen Burnie Senior Housing Inc's mission is centered around providing affordable housing for older adults, fostering a sense of purpose, wellness, and harmony among its residents and employees. This organization is affiliated with Associated Catholic Charities, Inc., whose mission is inspired by the Gospel mandates to love, serve, and teach, aiming to improve the lives of Marylanders in need. Glen Burnie Senior Housing Inc strives to create supportive communities where older adults can thrive, promoting a harmonious living environment for both residents and staff.
Official website here: www.cc-md.org
Who is the CEO of Glen Burnie Senior Housing Inc?
William J Mccarthy Jr is the Secretary of Glen Burnie Senior Housing Inc.
Official website here: www.cc-md.org
What is the revenue of Glen Burnie Senior Housing Inc?
Glen Burnie Senior Housing Inc's revenue in 2022 was $659,562.
Official website here: www.cc-md.org
Who are the executives of Glen Burnie Senior Housing Inc and what are their salaries?
Here are 17 key members and their salaries:
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- Related: $429,647
- Other: $32,628
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- Other: $28,145
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- Related: $132,711
- Other: $7,955
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Official website here: www.cc-md.org
Where can I find the form 990 for Glen Burnie Senior Housing Inc?
Glen Burnie Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cc-md.org
Learn more at the official website: www.cc-md.org
Mission Statement of Glen Burnie Senior Housing Inc
Glen Burnie Senior Housing Inc, an organization affiliated with Associated Catholic Charities, Inc., is committed to providing affordable and supportive living communities for older adults. Their mission is deeply rooted in fostering a sense of purpose, wellness, and harmony among both residents and staff. This nonprofit strives to create an environment that nurtures these qualities, aiming to enrich the lives of its elderly residents. Associated Catholic Charities, in turn, is inspired by the Gospel mandates to love, serve, and teach, and works to improve the lives of Marylanders in need, including Glen Burnie Senior Housing Inc's residents.
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Impact
July, 2024
Glen Burnie Senior Housing Inc provides affordable and supportive communities for older adults, fostering a sense of purpose, wellness, and harmony among residents and colleagues. Through its commitment to serving older adults with care and compassion, this organization positively impacts the lives of seniors in the community by ensuring they have access to safe and affordable housing. By offering supportive environments and services, Glen Burnie Senior Housing Inc helps older adults live with dignity and independence, enhancing their overall quality of life.
This information is meant to be a general summary of Glen Burnie Senior Housing 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: $244
- Program Service Revenue: $254,971
- Gross Receipts: $659,862
Assets and Liabilities:
- Total Assets: $3,002,800
- Total Liabilities: $5,777,692
- Net Assets: -$2,774,892
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$254,421
Other Related Income
Revenue
$550
Organization Details
Founding Year
1998
Phone
(667) 600-3216Principal Officer
William J Mccarthy Jr
Main Address
2300B Dulaney Valley Road, Timonium, MD, 21093
Website
www.cc-md.orgNTEE Category
Code: P80 - Human services
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