Overview
What is Monsignor Bishop Manor Inc?
Monsignor Bishop Manor Inc is a nonprofit organization situated in Orlando, Florida, with a specific mission to offer residential rental housing for families with lower and moderate income levels. This mission is carried out in compliance with Section 236 of the National Housing Act, which has been amended over time. By providing such housing, the organization aims to contribute positively to the local community, ensuring that families within these income brackets have access to suitable living spaces. The organization's primary activity revolves around offering residential rental housing to families who may otherwise struggle to afford it, thereby improving their living conditions and overall quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating. Monsignor Bishop Manor Inc has received a high rating primarily due to its strong performance in accountability and finance. The organization has excelled in maintaining an independent board with 100% independent members, ensuring transparency in governance, which is a significant aspect of its overall score.
Financially, Monsignor Bishop Manor Inc demonstrates a robust program expense ratio of 87.72%, indicating that a large majority of its resources are directed toward its programs rather than administrative costs. Additionally, the organization has a low liabilities to assets ratio of 9.03%, reflecting good financial health and stability.
While the rating highlights numerous strengths, including comprehensive policies for conflict of interest, whistleblower protections, and proper documentation, the summary does not indicate any notable limitations. Overall, Monsignor Bishop Manor Inc appears to be a well-managed nonprofit with a strong commitment to accountability and effective program funding.
This AI summary has been generated from information found on Charity Navigator.
Is Monsignor Bishop Manor Inc legitimate?
Monsignor Bishop Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monsignor Bishop Manor 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: $177,218
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What is the mission statement of Monsignor Bishop Manor Inc?
Monsignor Bishop Manor Inc, as a non-profit organization, is dedicated to providing residential rental housing for lower and moderate income families. This mission is in line with Section 236 of the National Housing Act, which the organization adheres to. In essence, Monsignor Bishop Manor Inc aims to offer housing solutions for families with limited financial resources, thereby contributing to their livelihood and overall well-being. The organization's residential rental housing services are designed to cater to this specific income demographic, thereby promoting social equality and affordable housing.
What is the revenue of Monsignor Bishop Manor Inc?
Monsignor Bishop Manor Inc's revenue in 2023 was $1,085,522.
Who are the executives of Monsignor Bishop Manor Inc and what are their salaries?
The average compensation at Monsignor Bishop Manor Inc during 2023 was $35,444. There are 5 employees at Monsignor Bishop Manor Inc.
Here are 14 key members and their salaries:
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- Related: $123,800
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Where can I find the form 990 for Monsignor Bishop Manor Inc?
Monsignor Bishop Manor Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Monsignor Bishop Manor Inc
Monsignor Bishop Manor Inc, a nonprofit organization, is committed to providing residential rental housing for families with lower and moderate incomes. In line with Section 236 of the National Housing Act, the organization strives to make housing accessible for these families, ensuring they have a place to call home. Monsignor Bishop Manor Inc's mission is to offer a housing solution that caters to the needs of families who might otherwise struggle to secure affordable housing. By providing residential rental housing, the organization aims to contribute positively to the community and improve living standards for these families.
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Impact
July, 2024
Monsignor Bishop Manor Inc's impact lies in providing essential residential rental housing to lower and moderate-income families in Orlando, FL. By offering affordable housing options, this organization plays a crucial role in addressing the housing needs of these communities. Through their mission, Monsignor Bishop Manor Inc contributes to promoting stable and secure living environments for families who may face financial challenges. Their work aligns with the goal of ensuring that all individuals have access to safe and affordable housing, thereby making a tangible difference in the lives of those they serve.
This information is meant to be a general summary of Monsignor Bishop Manor 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: $15,530
- Program Service Revenue: $1,049,542
- Gross Receipts: $1,085,522
Assets and Liabilities:
- Total Assets: $2,767,454
- Total Liabilities: $122,967
- Net Assets: $2,644,487
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$1,242,674
VACANCY LOSS
Revenue
-$193,132
Organization Details
Founding Year
1974
Principal Officer
Gary Q Tester
NTEE Category
Code: L21Z - Housing
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