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New Morning Apartments

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562574959 ✦ Cape girardeau, MO ✦ Designated as a 501(c)(3)

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Overview

What is New Morning Apartments?

New Morning Apartments is a nonprofit organization located at 402 South Silver Springs Road, Cape Girardeau, Missouri. Their primary mission is to provide housing for individuals with disabilities, as per Section 811 of the National Housing Act. They operate under an agreement with the Department of HUD, demonstrating their commitment to this cause. The organization's purpose is to offer a safe and supportive living environment for those with disabilities, contributing to their overall well-being and independence.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)

New Morning Apartments holds a strong overall score of 80%, reflecting its commitment to accountability and finance. The organization received a perfect score in several key areas, including having a fully independent board, a low liabilities to assets ratio, and a high program expense ratio, indicating effective use of funds towards its mission.

The organization's independent board consists of eight members, all of whom are independent, showcasing a commitment to governance and oversight. Additionally, the absence of material diversion of assets highlights its financial integrity. The presence of a conflict of interest policy and the documentation of board meeting minutes further demonstrate a commitment to transparency and good practice.

However, the rating is solely based on financial accountability metrics. While the organization excels in these areas, potential donors and supporters may want to look into its programmatic impact and community engagement to gain a fuller picture of its effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is New Morning Apartments legitimate?

New Morning Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Morning Apartments 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: $0

For more financial information, click here

What is the mission statement of New Morning Apartments?

New Morning Apartments, as a housing facility, is dedicated to serving individuals with disabilities. Under the agreement with the Department of HUD, as stipulated by Section 811 of the National Housing Act, this establishment provides suitable living spaces for this specific population. Their mission is centered around providing housing solutions, ensuring that individuals with disabilities have access to comfortable and appropriate living arrangements. This commitment to inclusivity and accommodation is instrumental in promoting a sense of independence and dignity among the residents. The apartment complex upholds these values, contributing positively to the lives of its disabled residents.

Who is the CEO of New Morning Apartments?

Wendy Ice is the President of New Morning Apartments.

What is the revenue of New Morning Apartments?

New Morning Apartments's revenue in 2022 was $78,820.

Who are the executives of New Morning Apartments and what are their salaries?


Here are 5 key members and their salaries:


Lonnie R Lusk Cpa (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Ice (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Robertson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Tolbert (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Ward (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New Morning Apartments?

New Morning Apartments's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of New Morning Apartments

New Morning Apartments, a distinguished organization, is committed to providing housing for individuals with disabilities. This commitment is rooted in Section 811 of the National Housing Act, and the organization operates under an agreement with the Department of Housing and Urban Development (HUD). In essence, New Morning Apartments serves as a refuge for disabled individuals, offering them a secure and suitable living space to call home. The organization's mission is to enhance the quality of life for these individuals, providing them with a stable and supportive environment that enables them to live independently and with dignity.

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Impact




August, 2024

New Morning Apartments provides essential housing to disabled individuals under Section 811 of the National Housing Act in partnership with the Department of HUD. By offering safe and accessible living spaces for this vulnerable population, New Morning Apartments plays a crucial role in supporting the independence and well-being of disabled persons in Cape Girardeau, Missouri. This impact contributes to fostering a more inclusive and supportive community where individuals with disabilities can thrive with dignity and security.




This information is meant to be a general summary of New Morning Apartments. 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.

Revenue
$78,820 (2022)
Expenses
$132,405 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $156
  • Program Service Revenue: $76,055
  • Gross Receipts: $78,820

Assets and Liabilities:

  • Total Assets: $1,392,583
  • Total Liabilities: $7,729
  • Net Assets: $1,384,854

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TENNANT ASSISTANCE PMTS

Revenue

$47,969

RENTAL OF HOUSING TO DISABLED

Revenue

$28,086

Organization Details

Founding Year

2008

Principal Officer

Wendy Ice

Main Address

402 SOUTH SILVER SPRINGS ROAD, CAPE GIRARDEAU, MO, 637037536

NTEE Category

Code: L21 - Housing

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