Overview
What is St Dominic Gardens Inc?
St. Dominic Gardens Inc., situated in Lauderdale Lakes, Florida, is a dedicated nonprofit organization. Its primary focus is on providing affordable housing opportunities for low-income elderly and handicapped individuals. As part of a HUD project, the organization offers rental units to cater to this specific group of people, ensuring they have a suitable living environment. The mission of St. Dominic Gardens Inc. is deeply rooted in social welfare, aiming to enhance the quality of life for these vulnerable groups.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
St Dominic Gardens Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization has excelled particularly in its governance, boasting an entirely independent board and a high program expense ratio of nearly 90%, which reflects a strong commitment to allocating its resources towards its mission.
The charity's financial practices are well-regarded, evidenced by its audit and oversight committee's effectiveness and the absence of any material diversion of assets. This demonstrates a commitment to transparency and responsible management of funds. The presence of various policies, including conflict of interest and whistleblower policies, further enhances its credibility.
However, the organization faced some challenges, particularly reflected in its liabilities to assets ratio, which received a lower score. While this indicates potential financial strain, it is essential to consider the overall positive indicators in governance and program spending when evaluating the charity's effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is St Dominic Gardens Inc legitimate?
St Dominic Gardens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Dominic Gardens 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $222,472
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What is the mission statement of St Dominic Gardens Inc?
St. Dominic Gardens Inc's mission is centered around providing affordable housing for low-income elderly and handicapped individuals. As part of a HUD project, the organization offers rental units to cater to these specific groups, aiming to improve their living conditions. The primary objective of St. Dominic Gardens Inc is to ensure that these individuals have access to suitable housing options, thereby enhancing their quality of life.
Who is the CEO of St Dominic Gardens Inc?
Rev Marcos Somarriba is the President of St Dominic Gardens Inc.
What is the revenue of St Dominic Gardens Inc?
St Dominic Gardens Inc's revenue in 2023 was $2,391,340.
Who are the executives of St Dominic Gardens Inc and what are their salaries?
The average compensation at St Dominic Gardens Inc during 2023 was $31,782. There are 7 employees and 6 volunteers at St Dominic Gardens Inc.
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Where can I find the form 990 for St Dominic Gardens Inc?
St Dominic Gardens Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of St Dominic Gardens Inc
St. Dominic Gardens Inc, a nonprofit organization, is dedicated to serving low-income elderly and handicapped individuals. Its mission is to provide affordable housing options for these groups, ensuring they have access to safe and comfortable living spaces. By participating in a HUD project, St. Dominic Gardens Inc plays a significant role in addressing the housing needs of these vulnerable populations, thereby contributing to their overall well-being.
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Impact
July, 2024
St. Dominic Gardens Inc has a significant impact on the lives of low-income elderly and handicapped individuals in Lauderdale Lakes, FL. By providing affordable rental units as part of a HUD project, St. Dominic Gardens helps these vulnerable populations secure safe and stable housing. This not only improves their quality of life but also promotes a sense of community and support among residents facing similar challenges. Overall, St. Dominic Gardens plays a crucial role in addressing the housing needs of low-income elderly and handicapped individuals, ensuring they have a place to call home.
This information is meant to be a general summary of St Dominic Gardens 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: $3,262
- Program Service Revenue: $2,385,018
- Gross Receipts: $2,391,340
Assets and Liabilities:
- Total Assets: $4,168,612
- Total Liabilities: $3,630,104
- Net Assets: $538,508
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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
$1,778,149
RENTAL INCOME, NET
Revenue
$597,044
COIN LAUNDRY AND VENDI
Revenue
$9,825
Organization Details
Founding Year
1981
Phone
(954) 484-1515Principal Officer
Rev Marcos Somarriba
Main Address
4790 N STATE ROAD 7, LAUDERDALE LAKES, FL, 33319
NTEE Category
Code: L22 - Housing
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