Overview
What is The Cottages At Beaufort I Inc?
The Cottages At Beaufort I Inc is a nonprofit organization situated in Atlanta, Georgia. Their primary mission is to provide affordable housing for low-income elderly individuals. They accomplish this by managing an apartment community, which is regulated by the U.S. Department of Housing and Urban Development (HUD) under Section 202 of the National Housing Act of 1959. This initiative aims to enhance the living conditions and support the independence of seniors in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating
The Cottages At Beaufort I Inc has received a solid Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and financial health. With an overall score of 79%, the organization demonstrates strong practices in governance, including a fully independent board and a well-defined conflict of interest policy. Their program expense ratio of 81.33% reflects a commitment to directing funds towards their mission, which is a positive aspect for potential donors.
The organization excels in governance metrics, scoring full points for having an independent board and for meeting various policy requirements such as whistleblower protections and document retention. These practices contribute to a transparent operational structure, which can instill confidence in stakeholders about the organization's integrity and management.
However, while the organization has a good score in accountability and finance, potential donors may want to consider the overall impact of their programs and how effectively they are meeting their mission. While financial health is important, understanding the actual outcomes of their services would provide further insight into their effectiveness in the community.
This AI summary has been generated from information found on Charity Navigator.
Is The Cottages At Beaufort I Inc legitimate?
The Cottages At Beaufort I Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cottages At Beaufort I 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: $37,041
For more financial information, click here
What is the mission statement of The Cottages At Beaufort I Inc?
The Cottages At Beaufort I Inc is dedicated to providing housing solutions for low-income elderly individuals. They accomplish this by operating an apartment community, which is regulated under Section 202 of the National Housing Act of 1959, overseen by the HUD. This organization's primary objective is to make suitable housing available to elderly individuals who fall under the category of low-income earners, thereby promoting a secure living environment for this specific demographic.
Who is the CEO of The Cottages At Beaufort I Inc?
Diana Mciver is the President of The Cottages At Beaufort I Inc.
What is the revenue of The Cottages At Beaufort I Inc?
The Cottages At Beaufort I Inc's revenue in 2022 was $157,148.
Who are the executives of The Cottages At Beaufort I Inc and what are their salaries?
There 5 volunteers at The Cottages At Beaufort I Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- 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 The Cottages At Beaufort I Inc?
The Cottages At Beaufort I Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Cottages At Beaufort I Inc
The Cottages at Beaufort I Inc is dedicated to providing housing solutions for low-income elderly individuals. This mission is accomplished by operating an apartment community under the regulation of the U.S. Department of Housing and Urban Development (HUD) through Section 202 of the National Housing Act of 1959. This nonprofit organization is committed to offering a safe and comfortable living environment for its elderly residents, ensuring they have access to essential amenities and services. By providing housing, The Cottages at Beaufort I Inc aims to contribute to the well-being and overall quality of life of its elderly residents, allowing them to maintain their independence and dignity in their golden years.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Cottages At Beaufort I Inc significantly impacts the community by providing affordable housing for low-income elderly individuals. By operating an apartment community regulated by HUD under Section 202 of the National Housing Act of 1959, it ensures that vulnerable seniors have access to safe and stable living environments. This initiative not only alleviates housing insecurity among elderly residents but also fosters a supportive community where they can thrive. The organization addresses critical needs for this demographic, enhancing their quality of life while promoting independence and dignity in their later years. Its presence in Atlanta, GA, demonstrates a commitment to serving one of the most underserved populations, providing them with essential resources and a sense of belonging.
This information is meant to be a general summary of The Cottages At Beaufort I 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: $8
- Program Service Revenue: $157,140
- Gross Receipts: $157,148
Assets and Liabilities:
- Total Assets: $729,625
- Total Liabilities: $1,122,092
- Net Assets: -$392,467
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$155,856
LAUNDRY AND VENDING
Revenue
$1,284
Organization Details
Founding Year
1999
Phone
(404) 816-9770Principal Officer
Diana Mciver
Main Address
PO BOX 53274, ATLANTA, GA, 30355
NTEE Category
Code: L80 - Housing
If you are a representative of The Cottages At Beaufort I Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.