Overview
What is Miss Maude C Solomons Trust?
Miss Maude C Solomons Trust is a charitable organization located in Sumter, South Carolina (address: 620 N Guignard). Its primary mission is to offer advisory services and provide financial assistance for the operation of a home for the elderly. This includes facilitating improvements and upgrades to the facility. The trust's goal is to support the elderly population by ensuring a comfortable living environment and managing the overall operations effectively.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 23%
The Miss Maude C Solomons Trust has received a low rating of 23%, resulting in a Zero-Star out of Four Stars designation. This score indicates significant concerns regarding the organization's accountability and financial practices. While it does excel in having a majority of independent board members and demonstrates no material diversion of assets, many other aspects, including financial transparency and governance policies, leave much to be desired.
Specific weaknesses noted in the evaluation include a complete lack of a documented conflict of interest policy, whistleblower policy, and guidelines for document retention and destruction. Furthermore, the charity's website does not list essential tax documents, which raises red flags about its commitment to transparency. The program expense ratio is also reported at 0%, suggesting that there may be minimal funds allocated to actual charitable activities.
Overall, while the Miss Maude C Solomons Trust has some structural strengths, its lack of financial management and transparency poses serious limitations, making it difficult for potential donors to gauge the effectiveness and integrity of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Miss Maude C Solomons Trust legitimate?
Miss Maude C Solomons Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miss Maude C Solomons Trust 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 Miss Maude C Solomons Trust?
The Miss Maude C Solomons Trust is committed to providing advisory services and offering financial support for the operations of a home for the aged. Their mission involves facilitating improvements in the infrastructure of such a home, among other related tasks. In essence, their role is to contribute to the effective functioning and enhancement of a retirement home for the elderly.
Who is the CEO of Miss Maude C Solomons Trust?
Harry Burchstead is the Trustee of Miss Maude C Solomons Trust.
What is the revenue of Miss Maude C Solomons Trust?
Miss Maude C Solomons Trust's revenue in 2022 was $10,970.
Who are the executives of Miss Maude C Solomons Trust and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Miss Maude C Solomons Trust?
Miss Maude C Solomons Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Miss Maude C Solomons Trust
Miss Maude C Solomons Trust is an organization that dedicates its efforts to providing advisory services and financial support for Operation Home for the Aged. The mission of this trust is to contribute to the operations of a home for the aged, offering support in various aspects such as building improvements and other related expenses. By offering its expertise and financial resources, Miss Maude C Solomons Trust aims to enhance the living conditions and overall wellbeing of the elderly residents in these homes.
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Impact
October, 2024
The Miss Maude C Solomons Trust plays a vital role in enhancing the lives of elderly residents through its advisory services and financial support. By focusing on the operations of a home for the aged, it ensures that essential building improvements and necessary resources are provided, creating a safer and more supportive environment for seniors. Located in Sumter, SC, the Trust's mission is centered around facilitating quality human services that promote dignity and well-being for older adults, ultimately enriching their daily lives and helping to meet their specific needs. Through its dedicated efforts, the Trust contributes to a community where seniors can thrive and receive the care they deserve.
This information is meant to be a general summary of Miss Maude C Solomons Trust. 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: $10,970
- Gross Receipts: $47,040
Assets and Liabilities:
- Total Assets: $622,281
- Total Liabilities: $0
- Net Assets: $622,281
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Organization Details
Founding Year
1961
Phone
(803) 778-5458Principal Officer
Harry Burchstead
Main Address
620 N GUIGNARD, SUMTER, SC, 29150
NTEE Category
Code: P75 - Human services
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