Overview
What is Oakman Village Manor Senior Housing Development?
Oakman Village Manor Senior Housing Development is a nonprofit organization, known as The Village of Oakman Manor, situated in Detroit, Michigan. With just two dedicated employees, their primary mission is to offer housing and essential services to low-income senior adults. Located at 14000 Woodrow Wilson, this development plays a vital role in providing a supportive environment for seniors, helping them maintain their independence and quality of life.
Official website here: www.pvm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Star rating.
Oakman Village Manor Senior Housing Development has received a two-star rating, indicating that while it demonstrates some accountability and financial management strengths, there are significant areas needing improvement. The organization scores well in areas such as having a fully independent board and a solid program expense ratio, which suggests that a good portion of its resources is directed towards its mission.
However, the nonprofit's overall score is impacted by notable weaknesses, including the absence of key policies such as conflict of interest and whistleblower policies. Additionally, the organization has a high liabilities to assets ratio, which could indicate financial instability. The lack of publicly available financial documents on its website may also raise concerns about transparency and accountability to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Oakman Village Manor Senior Housing Development legitimate?
Oakman Village Manor Senior Housing Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakman Village Manor Senior Housing Development 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: $64,369
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,891
For more financial information, click here
Official website here: www.pvm.org
What is the mission statement of Oakman Village Manor Senior Housing Development?
The Oakman Village Manor Senior Housing Development is committed to delivering housing and essential services to senior adults who are financially disadvantaged. Their mission is centered around providing a home and necessary support to this specific demographic, ensuring they can maintain a dignified and comfortable living situation. The development's activities are geared towards enhancing the overall well-being of low-income senior adults, offering them a sense of community and security in their later years.
Official website here: www.pvm.org
Who is the CEO of Oakman Village Manor Senior Housing Development?
Maynard Timm is the Administrator of Oakman Village Manor Senior Housing Development.
Official website here: www.pvm.org
What is the revenue of Oakman Village Manor Senior Housing Development?
Oakman Village Manor Senior Housing Development's revenue in 2022 was $496,307.
Official website here: www.pvm.org
Who are the executives of Oakman Village Manor Senior Housing Development and what are their salaries?
The average compensation at Oakman Village Manor Senior Housing Development during 2022 was $46,630. There are 2 employees and 10 volunteers at Oakman Village Manor Senior Housing Development.
Here are 11 key members and their salaries:
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Official website here: www.pvm.org
Where can I find the form 990 for Oakman Village Manor Senior Housing Development?
Oakman Village Manor Senior Housing Development's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pvm.org
Learn more at the official website: www.pvm.org
Mission Statement of Oakman Village Manor Senior Housing Development
Oakman Village Manor Senior Housing Development is committed to providing housing and essential services to low-income senior adults. Their mission is centered around offering more than just a place to live; it extends to supplying necessary aid and support to this specific demographic. By doing so, they strive to enhance the quality of life for these senior adults, ensuring they can age with dignity and comfort. Their activities are designed to cater specifically to the needs of this vulnerable population, offering a sense of community and security.
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Impact
July, 2024
Oakman Village Manor Senior Housing Development's impact is significant in providing housing and services to low-income senior adults in Detroit, Michigan. By offering affordable housing options and related services, this organization plays a crucial role in supporting vulnerable seniors in the community. Through its mission to provide housing and services to low-income senior adults, Oakman Village Manor Senior Housing Development contributes to enhancing the quality of life and well-being of seniors who may otherwise struggle to find suitable housing options. Its work helps address the critical need for affordable senior housing in Detroit and serves as a valuable resource for the aging population in the area.
This information is meant to be a general summary of Oakman Village Manor Senior Housing Development. 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: $14
- Program Service Revenue: $492,804
- Gross Receipts: $496,307
Assets and Liabilities:
- Total Assets: $3,988,247
- Total Liabilities: $5,836,328
- Net Assets: -$1,848,081
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
apartment rent
Revenue
$492,804
Organization Details
Founding Year
2004
Phone
(313) 957-0210Principal Officer
Maynard Timm
Main Address
14000 Woodrow Wilson, Detroit, MI, 48238
Website
www.pvm.orgNTEE Category
Code: L22 - Housing
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