Overview
What is Christian Village Inc?
Christian Village Inc is a nonprofit organization situated in King, North Carolina. Their primary mission is to provide affordable housing and essential services to the elderly and infirm individuals who require skilled and intermediate nursing care, as well as independent living. They have constructed a 116-bed nursing care facility with the support of a HUD-insured mortgage loan under Section 232 of the U.S. Housing Act. This facility aims to cater to low-income elderly residents, ensuring their needs are met with care and dignity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (62%)
Christian Village Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in several areas of accountability and finance. The organization has shown strengths in having a fully independent board and ensuring transparency through documented board meeting minutes. However, the overall score reflects significant weaknesses in fiscal management, particularly concerning its liabilities to assets ratio.
The program expense ratio is notably high at 90.40%, showcasing a commitment to directing funds towards its programs rather than administrative costs. Despite these positives, the organization has missed crucial elements of governance, such as a conflict of interest policy, a whistleblower policy, and guidelines for document retention, which could undermine its transparency and accountability.
Overall, while Christian Village Inc demonstrates some strengths in governance and program funding, the lack of essential policies and a concerning liabilities ratio suggests areas that need urgent attention. Improving these aspects could enhance the organization’s credibility and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Christian Village Inc legitimate?
Christian Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian Village 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: $0
For more financial information, click here
What is the mission statement of Christian Village Inc?
Christian Village Inc is committed to providing affordable housing and necessary services to the elderly and infirm individuals who require skilled nursing care and independent living. Their mission is to cater to this specific group of people who are in need, ensuring they live with dignity and comfort. To accomplish this, they construct, lease, and maintain a nursing care facility, providing a home for low-income elderly residents. This facility was built with the help of a HUD-insured mortgage loan under Section 232 of the U.S. Housing Act.
Who is the CEO of Christian Village Inc?
Garry Merritt is the President of Christian Village Inc.
What is the revenue of Christian Village Inc?
Christian Village Inc's revenue in 2022 was $482,500.
Who are the executives of Christian Village Inc and what are their salaries?
There 8 volunteers at Christian Village Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Christian Village Inc?
Christian Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Christian Village Inc
Christian Village Inc, a nonprofit organization, is dedicated to providing affordable housing and essential services to the elderly and infirm individuals who require skilled and intermediate nursing care, as well as those seeking independent living. The mission of this organization is to create a supportive environment where these vulnerable individuals can reside with dignity and receive the necessary care they require. Through the construction, leasing, and maintenance of a 116-bed nursing care facility, Christian Village Inc offers a safe and secure living space for low-income elderly residents. The facility was established with the assistance of a HUD-insured mortgage loan under Section 232 of the U.S. Housing Act, ensuring that the residents receive high-quality care in an affordable setting.
In essence, Christian Village Inc serves as a sanctuary for elderly individuals who require specialized care. By providing affordable housing and essential services, the organization enables these individuals to maintain their independence while receiving the necessary support to live comfortably and healthily. The mission of Christian Village Inc is grounded in the belief that everyone deserves access to quality care, regardless of their financial situation. By focusing on the needs of the elderly and infirm, the organization is able to make a significant impact in the lives of those it serves, providing them with a sense of security, comfort, and dignity as they navigate the later stages of their lives.
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Impact
July, 2024
Christian Village Inc's impact is focused on providing affordable housing and services to the elderly and infirm in need of skilled and intermediate nursing care and independent living. Through the construction, leasing, and maintenance of a 116-bed nursing care facility in King, NC, this organization has created a supportive environment for low-income elderly residents. By utilizing a HUD-insured mortgage loan under Section 232 of the U.S. Housing Act, Christian Village Inc has ensured that this facility can meet the needs of its residents while striving to improve their quality of life. This initiative directly contributes to addressing the healthcare and housing needs of the elderly population in the community.
This information is meant to be a general summary of Christian Village 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: $15
- Program Service Revenue: $479,196
- Gross Receipts: $482,500
Assets and Liabilities:
- Total Assets: $7,979,776
- Total Liabilities: $5,131,139
- Net Assets: $2,848,637
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS FROM NURSING HOM
Revenue
$479,196
Organization Details
Founding Year
1978
Phone
(336) 765-3906Principal Officer
Garry Merritt
Main Address
PO BOX 1194, KING, NC, 27021
NTEE Category
Code: E900 - Health
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