Overview
What is Galilee Majestic Arms Inc?
Galilee Majestic Arms Inc is a nonprofit organization situated in Shreveport, Louisiana, with a specific focus on providing adequate housing for the elderly and disabled individuals. Through agreements with the U.S. Department of Housing and Urban Development under Section 8, they work tirelessly to ensure these vulnerable populations have access to suitable living arrangements. Their mission is deeply rooted in the belief that everyone deserves a safe and comfortable living space, irrespective of age or disability.
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 84% - Three-Star out of Four Star Rating**
Galilee Majestic Arms Inc has received an overall score of 84%, achieving a Three-Star rating primarily based on its Accountability & Finance. The organization excels in having a fully independent board and conducts audited financial statements, indicating a commitment to transparency and sound financial management. Additionally, notable strengths include a strong 100% program expense ratio, which reflects that all its resources are dedicated to its mission.
However, there are some limitations outlined in its evaluation. The absence of a whistleblower policy, document retention policy, and accessible board meeting minutes suggests areas that need improvement in governance and documentation practices. Moreover, while the organization demonstrates financial integrity, it currently lacks the ability to assess its impact effectively under the Impact & Measurement methodology.
User reviews from GreatNonprofits are not available for this organization, limiting insights into the broader community sentiment. Overall, Galilee Majestic Arms Inc shows promise in its accountability but has opportunities for improvement in policy documentation and public engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Galilee Majestic Arms Inc legitimate?
Galilee Majestic Arms Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Galilee Majestic Arms 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: $33,063
For more financial information, click here
What is the mission statement of Galilee Majestic Arms Inc?
Galilee Majestic Arms Inc is committed to providing adequate housing for elderly and disabled individuals. They accomplish this through agreements with the U.S. Department of Housing and Urban Development under Title IV, specifically Section 8. This organization's mission is to ensure that these vulnerable groups have access to suitable housing, thereby improving their quality of life. Their efforts contribute to creating safe and comfortable living environments for the elderly and disabled, thereby enhancing their overall well-being.
What is the revenue of Galilee Majestic Arms Inc?
Galilee Majestic Arms Inc's revenue in 2022 was $7,370,807.
Who are the executives of Galilee Majestic Arms Inc and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
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- Compensation: $0
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Where can I find the form 990 for Galilee Majestic Arms Inc?
Galilee Majestic Arms Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Galilee Majestic Arms Inc
Galilee Majestic Arms Inc, as a nonprofit organization, is dedicated to providing adequate housing for elderly and disabled individuals. In alignment with Title IV and under agreements with the U.S. Department of Housing and Urban Development, this organization offers Section 8 housing solutions. Their mission is to ensure that these vulnerable populations have access to suitable living spaces, thereby enhancing their quality of life. By entering into agreements with the U.S. Department of Housing and Urban Development, Galilee Majestic Arms Inc plays a crucial role in facilitating housing solutions for those who may otherwise face challenges in securing suitable living arrangements.
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Impact
July, 2024
Galilee Majestic Arms Inc's impact lies in providing adequate housing under Title IV to elderly and/or disabled persons under Section 8 agreements with the U.S. Department of Housing and Urban Development. By offering suitable housing options to this vulnerable population, the organization helps fulfill a crucial need for safe and comfortable living spaces, ensuring that these individuals have a place to call home that meets their specific requirements. This impact directly contributes to enhancing the quality of life and overall well-being of elderly and disabled individuals in the Shreveport, LA area.
This information is meant to be a general summary of Galilee Majestic Arms 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: $87
- Program Service Revenue: $360,072
- Gross Receipts: $8,041,167
Assets and Liabilities:
- Total Assets: $6,452,420
- Total Liabilities: $0
- Net Assets: $6,452,420
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$360,072
Organization Details
Founding Year
1989
Principal Officer
Arthur L Lovett
NTEE Category
Code: L21 - Housing
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