Overview
What is Archbishop Carroll Manor Inc?
Archbishop Carroll Manor Inc is a nonprofit organization dedicated to offering affordable living arrangements for elderly and handicapped individuals in need of assistance. Through a HUD-funded rental project, this organization provides a vital service, ensuring that low-income seniors have a secure place to call home. The mission of Archbishop Carroll Manor Inc is to enhance the quality of life for these individuals by offering them affordable housing options, thereby promoting their overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94%
Archbishop Carroll Manor Inc has received a Four-Star out of Four Star rating from Charity Navigator, reflecting a high level of accountability and financial management. The organization's score of 94% indicates strong practices in maintaining independence, with all board members being independent and actively engaged in oversight functions. The ratings underscore a commitment to transparency and responsible financial stewardship.
The nonprofit demonstrates a well-structured governance model, with thorough auditing processes and established policies for conflict of interest and whistleblower protections. Its impressive program expense ratio of 87.87% signifies that a substantial portion of its funding is directed towards fulfilling its mission, which is a positive indicator for potential donors and stakeholders.
Despite its strengths, the data does not outline specific programs or outcomes directly associated with community impact. However, the financial metrics suggest that Archbishop Carroll Manor Inc operates with a high level of professionalism, making it a trustworthy option for those considering support or involvement with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Archbishop Carroll Manor Inc legitimate?
Archbishop Carroll Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Archbishop Carroll 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: $262,535
For more financial information, click here
What is the mission statement of Archbishop Carroll Manor Inc?
Archbishop Carroll Manor Inc, as a HUD project, is dedicated to providing affordable living arrangements for elderly and handicapped individuals who require assistance. Their mission, through a rental project, is centered around offering low-income elderly housing, aiming to make housing accessible and comfortable for those in need. This initiative is a part of their commitment to assisting vulnerable communities.
Who is the CEO of Archbishop Carroll Manor Inc?
Rev Marcos Somarriba is the President of Archbishop Carroll Manor Inc.
What is the revenue of Archbishop Carroll Manor Inc?
Archbishop Carroll Manor Inc's revenue in 2023 was $4,218,568.
Who are the executives of Archbishop Carroll Manor Inc and what are their salaries?
The average compensation at Archbishop Carroll Manor Inc during 2023 was $32,817. There are 8 employees and 6 volunteers at Archbishop Carroll Manor Inc.
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Where can I find the form 990 for Archbishop Carroll Manor Inc?
Archbishop Carroll Manor Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Archbishop Carroll Manor Inc
Archbishop Carroll Manor Inc, a dedicated nonprofit organization, is committed to providing low-income elderly housing through a rental project. This HUD-funded project serves both elderly and handicapped individuals, offering them affordable living arrangements when they need assistance the most. The mission of Archbishop Carroll Manor Inc is to ensure that elderly and disabled individuals have access to safe and affordable housing, thereby enhancing their quality of life. By providing affordable living arrangements, the organization aims to alleviate the financial burden on these individuals, enabling them to focus on their well-being and overall health. The mission of Archbishop Carroll Manor Inc is a testament to its commitment to supporting the most vulnerable members of society and promoting social justice.
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Impact
July, 2024
Archbishop Carroll Manor Inc's impact lies in providing essential housing services to low-income elderly and handicapped individuals in Lauderdale Lakes, FL. Through its HUD rental project, Archbishop Carroll Manor offers affordable living arrangements for those in need of assistance, ensuring that this vulnerable population has a safe and comfortable place to call home. By focusing on low-income elderly housing, Archbishop Carroll Manor Inc plays a key role in addressing the housing needs of the elderly and disabled members of the community, contributing to their well-being and quality of life.
This information is meant to be a general summary of Archbishop Carroll 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: $2,468
- Program Service Revenue: $4,216,100
- Gross Receipts: $4,218,568
Assets and Liabilities:
- Total Assets: $9,391,786
- Total Liabilities: $3,978,498
- Net Assets: $5,413,288
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYM
Revenue
$3,320,357
RENTAL INCOME, NET
Revenue
$878,458
LAUNDRY AND VENDING RE
Revenue
$17,285
Organization Details
Founding Year
1980
Phone
(954) 484-1515Principal Officer
Rev Marcos Somarriba
Main Address
4790 N STATE ROAD 7, LAUDERDALE LAKES, FL, 33319
NTEE Category
Code: L21Z - Housing
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