Overview
What is Florida Christian Manor Inc Sundale Manor?
Florida Christian Manor Inc Sundale Manor is a nonprofit organization situated in Jacksonville, Florida, specifically at 3505 Corby Street, 32205. Their primary mission is to provide housing opportunities for low-income elderly individuals, adhering to Section 202 of the National Housing Act. They have a contractual agreement with the Department of Housing and Urban Development (HUD) to carry out this mission. This nonprofit is dedicated to enhancing the living conditions and ensuring adequate housing for the elderly population within its scope.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Florida Christian Manor Inc Sundale Manor has received a three-star rating from Charity Navigator, indicating that it meets standards for accountability and transparency. The organization demonstrates strong governance with a fully independent board of directors and effective oversight mechanisms, such as a well-rated audit and oversight committee. Additionally, their conflict of interest and whistleblower policies are in place, which enhances their operational integrity.
A notable strength of the organization is its program expense ratio, which stands at an impressive 93.42%. This figure suggests that a significant majority of their expenses are directed towards their programs, reflecting a commitment to their mission. The lack of material diversion of assets further underscores their financial responsibility.
However, the organization does face challenges, particularly with a liabilities to assets ratio of 166.46%, indicating that their liabilities exceed their assets. This situation could raise concerns regarding long-term financial stability and sustainability. Overall, while Florida Christian Manor Inc Sundale Manor shows commendable strengths, potential donors and stakeholders may want to consider its financial ratios in their decision-making process.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Christian Manor Inc Sundale Manor legitimate?
Florida Christian Manor Inc Sundale Manor is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Christian Manor Inc Sundale Manor 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: $239,724
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What is the mission statement of Florida Christian Manor Inc Sundale Manor?
Florida Christian Manor Inc Sundale Manor, as a part of its mission, provides housing solutions for low-income elderly individuals, adhering to Section 202 of the National Housing Act. Under an agreement with the Department of Housing and Urban Development, the organization offers a safe and suitable living environment that caters to the specific needs of this demographic. The primary objective is to ensure that these individuals have access to affordable housing, thereby improving their overall quality of life. The organization's activities are aligned with the guidelines set by the National Housing Act, aiming to provide a stable and secure living arrangement for its residents.
What is the revenue of Florida Christian Manor Inc Sundale Manor?
Florida Christian Manor Inc Sundale Manor's revenue in 2023 was $1,333,206.
Who are the executives of Florida Christian Manor Inc Sundale Manor and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Florida Christian Manor Inc Sundale Manor?
Florida Christian Manor Inc Sundale Manor's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Florida Christian Manor Inc Sundale Manor
Florida Christian Manor Inc. Sundale Manor is dedicated to providing housing for low-income elderly individuals, in accordance with Section 202 of the National Housing Act. The organization has established an agreement with the Department of HUD to fulfill this mission. This housing service is essential in offering a suitable living environment for this specific demographic, ensuring their needs are met and their quality of life is improved. The mission of Florida Christian Manor Inc. Sundale Manor is truly commendable, as it provides a vital service to a segment of the population that may otherwise struggle to secure adequate housing. By offering housing under the National Housing Act, Florida Christian Manor Inc. Sundale Manor is making a significant contribution to the well-being of elderly individuals in need.
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Impact
July, 2024
Florida Christian Manor Inc Sundale Manor provides essential housing to low-income elderly persons under Section 202 of the National Housing Act in agreement with the Department of HUD. By offering affordable housing options for this vulnerable population in Jacksonville, Florida, the organization makes a significant impact on the lives of elderly individuals who may otherwise struggle to find suitable accommodation. Through its mission, Florida Christian Manor Inc Sundale Manor helps ensure that low-income elderly persons have access to safe and affordable housing, contributing positively to their overall well-being and quality of life.
This information is meant to be a general summary of Florida Christian Manor Inc Sundale Manor. 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: $356
- Program Service Revenue: $1,332,850
- Gross Receipts: $1,333,206
Assets and Liabilities:
- Total Assets: $2,165,641
- Total Liabilities: $3,457,851
- Net Assets: -$1,292,210
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL OF HSG TO ELDERLY
Revenue
$1,332,850
Organization Details
Founding Year
1982
Principal Officer
Karen H Billy
NTEE Category
Code: L22 - Housing
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