Overview
What is Georgia Belle Apartments Inc?
Georgia Belle Apartments Inc is a church-affiliated, nonprofit organization located in Orlando, Florida. With 8 dedicated employees, their primary mission is to serve older adults by providing high-quality residential facilities. They operate a 150-unit housing complex under Section 8 and 202 of the National Housing Act, specifically catering to low-income elderly citizens. The organization believes in honoring the dignity, rights, self-respect, and independence of each resident, and is committed to stewardship, recognizing the responsibility to use their resources wisely. Georgia Belle Apartments Inc aims to create an environment that fosters the well-being and independence of its elderly residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Georgia Belle Apartments Inc has received a Three-Star rating, indicating a respectable level of accountability and finance management. The charity's overall score is derived entirely from its Accountability & Finance score, which reflects their commitment to transparency and proper governance. With a high percentage of independent board members and a robust conflict of interest policy, the organization demonstrates strength in its leadership structure.
The charity excels in various areas, including maintaining a 100% program expense ratio and having effective oversight mechanisms such as an audit and oversight committee. Furthermore, they have established strong policies regarding whistleblower protections and document retention, which contribute to their accountability standards. These aspects highlight that Georgia Belle Apartments Inc is dedicated to responsible financial practices and governance.
However, the organization has a notable concern with its liabilities to assets ratio, scoring 0 out of 15 points in this area. This could suggest potential financial stability challenges that may need to be addressed in the future. Overall, while Georgia Belle Apartments Inc showcases strong accountability, attention to financial liabilities will be crucial for enhancing their sustainability and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Georgia Belle Apartments Inc legitimate?
Georgia Belle Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia Belle Apartments 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: $468,757
For more financial information, click here
What is the mission statement of Georgia Belle Apartments Inc?
Georgia Belle Apartments Inc, as a church-related, non-profit organization, is dedicated and committed to providing services for older adults. Their mission involves creating and preserving excellent residential facilities, while upholding the dignity, rights, self-respect, and independence of each individual. The organization is also committed to a program of stewardship, recognizing the responsibility to use their resources wisely.
Who is the CEO of Georgia Belle Apartments Inc?
Terence Rogers is the CEO of Georgia Belle Apartments Inc The CEO's salary of Georgia Belle Apartments Inc is $0 and their total compensation is $700,873.
What is the revenue of Georgia Belle Apartments Inc?
Georgia Belle Apartments Inc's revenue in 2023 was $1,982,895.
Who are the executives of Georgia Belle Apartments Inc and what are their salaries?
The average compensation at Georgia Belle Apartments Inc during 2023 was $46,876. There are 10 employees and 10 volunteers at Georgia Belle Apartments Inc.
Here are 7 key members and their salaries (Georgia Belle Apartments Inc's CEO's salary is $0 and their total compensation is $700,873):
- Compensation: $0
- Related: $664,385
- Other: $36,488
- Compensation: $0
- Related: $530,394
- Other: $24,643
- Compensation: $0
- Related: $464,464
- Other: $20,996
- 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 Georgia Belle Apartments Inc?
Georgia Belle Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Georgia Belle Apartments Inc
Georgia Belle Apartments Inc, a church-related, non-profit organization, is dedicated and committed to providing services for older adults. Their mission is to create and preserve excellent residential facilities, while honoring each person's dignity, rights, self-respect, and independence. They believe in stewardship, recognizing the responsibility to use their resources well. In essence, Georgia Belle Apartments Inc aims to provide a comfortable and respectful living environment for older adults, promoting their independence and well-being.
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Impact
July, 2024
Georgia Belle Apartments Inc's impact is significant in providing housing for low-income elderly individuals in Orlando, Florida. By operating a 150-unit facility under Section 8 and 202 of the National Housing Act, the organization plays a vital role in supporting the housing needs of elderly citizens who may not have access to affordable housing options. Through their commitment to honoring each person's dignity, rights, self-respect, and independence, Georgia Belle Apartments Inc contributes to the well-being and quality of life of the elderly population they serve. This initiative aligns with their mission of creating and preserving excellent residential facilities for older adults, reflecting a commendable dedication to stewardship and responsible resource management.
This information is meant to be a general summary of Georgia Belle Apartments 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 2023.
- Investment Income: $20,847
- Program Service Revenue: $1,969,836
- Gross Receipts: $1,991,509
Assets and Liabilities:
- Total Assets: $1,416,937
- Total Liabilities: $531,780
- Net Assets: $885,157
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET ROOM RENTAL
Revenue
$814,051
FEES/CONTRACTS FROM GOV AGENC
Revenue
$670,908
OTHER REVENUE
Revenue
$483,900
NET PARKING RENT
Revenue
$977
Organization Details
Founding Year
1967
Principal Officer
Henry T Keith
NTEE Category
Code: L22 - Housing
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