Overview
What is Union City Rescare Inc?
Union City Rescare Inc is a nonprofit organization situated in Union City, Tennessee. Their primary focus is to offer affordable housing solutions for the elderly, catering to individuals with limited income. By providing this essential service, they aim to enhance the quality of life for the elderly population in the community. Union City Rescare Inc's mission is deeply rooted in the belief that every senior deserves a secure and comfortable living environment, regardless of their financial situation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
Union City Rescare Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and transparency in its operations. The organization boasts a fully independent board, which is a positive aspect, but it lacks crucial policies such as conflict of interest and whistleblower protections. Additionally, the absence of a publicly listed website on their tax form raises concerns regarding accessibility to information for stakeholders.
Financially, Union City Rescare Inc demonstrates a solid commitment to its programs, with a program expense ratio of 70.34%. This figure suggests that a significant portion of its budget is allocated towards its mission-related activities. However, the nonprofit has received no points for the financial statements category, indicating that there may be issues with the clarity or availability of its financial reporting.
While the organization does show strengths in certain areas, such as its low liabilities to assets ratio of 3.40%, the lack of essential governance policies and the absence of a well-maintained web presence may hinder its overall effectiveness and trustworthiness in the eyes of potential donors and supporters. Addressing these limitations could improve its rating and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Union City Rescare Inc legitimate?
Union City Rescare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Union City Rescare 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: $571,549
For more financial information, click here
What is the mission statement of Union City Rescare Inc?
Union City Rescare Inc, as a retirement home or senior housing program, is committed to providing low-income housing for the elderly. Their mission is to ensure that elderly individuals with limited financial resources have access to suitable living arrangements. By offering such housing, they aim to contribute to the well-being and comfort of the elderly population, enabling them to maintain their independence and dignity in their later years.
Who is the CEO of Union City Rescare Inc?
Will Wade is the Director of Union City Rescare Inc.
What is the revenue of Union City Rescare Inc?
Union City Rescare Inc's revenue in 2022 was $1,073,382.
Who are the executives of Union City Rescare Inc and what are their salaries?
The average compensation at Union City Rescare Inc during 2022 was $12,990. There are 44 employees at Union City Rescare Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Union City Rescare Inc?
Union City Rescare Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Union City Rescare Inc
Union City Rescare Inc, as a nonprofit organization, is dedicated to serving the elderly community by providing them with affordable housing options. This retirement home or senior housing program's primary mission is to offer low-income housing solutions for the elderly, ensuring they have a secure and comfortable living environment. By fulfilling this mission, Union City Rescare Inc aims to contribute positively to the lives of elderly individuals, providing them with a sense of independence and dignity during their golden years.
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Impact
July, 2024
Union City Rescare Inc's impact is significant in providing low-income housing for the elderly in Union City, Tennessee. Through their retirement home or senior housing program, they fulfill their mission of offering affordable housing options to seniors in need. This organization plays a crucial role in ensuring that elderly individuals have a place to call home, promoting their well-being and quality of life.
This information is meant to be a general summary of Union City Rescare 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: $117
- Program Service Revenue: $1,073,265
- Gross Receipts: $1,073,382
Assets and Liabilities:
- Total Assets: $495,824
- Total Liabilities: $8,003
- Net Assets: $487,821
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING
Revenue
$1,073,265
Organization Details
Founding Year
1999
Phone
(731) 885-3661Principal Officer
Will Wade
Main Address
1620 N CLOVER STREET, UNION CITY, TN, 38261
NTEE Category
Code: L22 - Housing
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