Overview
What is Millner Elderly Housing Inc?
Millner Elderly Housing Inc is a dedicated nonprofit organization situated in Duluth, Georgia. Their primary objective is to provide affordable housing for the elderly and self-sufficient individuals with disabilities, adhering to the guidelines set by the Department of Housing and Urban Development's Section 202 Housing program. Their mission is to offer high-quality living arrangements for those in need, ensuring a comfortable and secure environment. Millner Estates, their residential apartment complex, consists of 48 units, serving as a welcoming home for its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating
Millner Elderly Housing Inc has received a solid score of 79%, reflecting a commendable level of accountability and financial health. This rating is based solely on the Accountability & Finance beacon, highlighting the organization’s commitment to transparent and responsible management of its resources. The charity performed exceptionally well in areas such as independent board governance and financial statements, indicating strong oversight and reporting practices.
One of the significant strengths of Millner Elderly Housing Inc is its fully independent board, which ensures that decisions are made without conflicts of interest. The organization also has robust policies in place, including a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which contribute to its high accountability standards. Moreover, with a program expense ratio of 89.18%, it demonstrates a strong commitment to directing funds towards its mission-related activities.
While the charity has received praise for its governance and financial practices, there is limited information regarding its program outcomes or impact metrics. This lack of detail on how funds translate into tangible benefits for the community may leave some potential donors seeking further insight into the organization's effectiveness. Overall, Millner Elderly Housing Inc appears to be a responsible steward of its resources, but interested parties may wish to inquire about specific program results.
This AI summary has been generated from information found on Charity Navigator.
Is Millner Elderly Housing Inc legitimate?
Millner Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Millner Elderly 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: $112,747
For more financial information, click here
What is the mission statement of Millner Elderly Housing Inc?
Millner Elderly Housing Inc's mission is centered around providing affordable housing for the elderly and self-sufficient handicapped. Operating under the regulations of the Department of Housing and Urban Development's Section 202 Housing program, their mission is to offer quality living arrangements to those in need. The organization's primary goal is to ensure that elderly individuals have access to housing that meets their needs, promoting a sense of comfort and security in their living environment.
Who is the CEO of Millner Elderly Housing Inc?
Anne Ostholthoff is the President of Millner Elderly Housing Inc.
What is the revenue of Millner Elderly Housing Inc?
Millner Elderly Housing Inc's revenue in 2022 was $487,136.
Who are the executives of Millner Elderly Housing Inc and what are their salaries?
There 5 volunteers at Millner Elderly Housing Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Millner Elderly Housing Inc?
Millner Elderly Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Millner Elderly Housing Inc
Millner Elderly Housing Inc, a nonprofit organization, is dedicated to providing affordable housing for the elderly and the self-sufficient handicapped. Operating under the regulations of the Department of Housing and Urban Development's Section 202 Housing program, Millner Estates aims to offer high-quality living arrangements to those in need. The mission of Millner Elderly Housing Inc is to cater to this specific demographic, ensuring they have access to suitable accommodations that enhance their quality of life.
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Impact
July, 2024
Millner Elderly Housing Inc, through Millner Estates, has a significant impact on the community by providing affordable housing for the elderly and self-sufficient handicapped individuals. By operating a 48-unit residential apartment complex in Duluth, GA, they offer quality living arrangements to those in need, helping to ensure that vulnerable populations have a safe and stable place to call home. This not only improves the quality of life for residents but also contributes to the overall well-being and social support of the community.
This information is meant to be a general summary of Millner Elderly 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: $433
- Program Service Revenue: $485,800
- Gross Receipts: $487,136
Assets and Liabilities:
- Total Assets: $481,517
- Total Liabilities: $878,751
- Net Assets: -$397,234
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$485,800
Organization Details
Founding Year
1987
Phone
(678) 330-2000Principal Officer
Anne Ostholthoff
Main Address
3237 SATELLITE BLVD 310, DULUTH, GA, 30096
NTEE Category
Code: L22 - Housing
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