Overview
What is Mullally Manor Inc?
Mullally Manor Inc is a nonprofit organization that is dedicated to providing housing solutions for individuals in need. Specifically, it serves as a public housing facility, offering assistance through Section 8 of the Housing and Urban Development mission. This means that individuals receiving financial aid for housing can reside at Mullally Manor, ensuring they have a secure and comfortable living space. The organization's primary focus is on providing essential housing services, thereby contributing to the well-being of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (71%, Two-Star out of Four Star rating)
Mullally Manor Inc has received a rating of 71%, indicating a need for improvement in its operational and financial practices. The organization has demonstrated strong accountability through a fully independent board and effective oversight measures, scoring well in areas such as the audit committee and absence of material asset diversion. However, there are significant gaps in their governance policies, including the lack of a whistleblower policy and document retention practices.
The financial health of Mullally Manor Inc raises concerns, particularly highlighted by a liabilities-to-assets ratio of 122.59%, which suggests potential financial instability. Conversely, the organization excels in its program expense ratio, reflecting a commitment to utilizing funds effectively towards its mission. Overall, while Mullally Manor Inc shows strengths in certain governance areas, its financial management and policy compliance require attention to enhance transparency and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Mullally Manor Inc legitimate?
Mullally Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mullally 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: $196,514
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What is the mission statement of Mullally Manor Inc?
Mullally Manor Inc serves as a public housing facility, fulfilling its mission under Section 8 of the Housing and Urban Development program. The organization provides shelter and assistance to individuals in need, enabling them to reside in a secure and supportive environment. Mullally Manor's primary goal is to assist individuals in overcoming housing-related challenges, thereby contributing to their overall well-being.
By functioning as a public housing facility, Mullally Manor Inc plays a crucial role in addressing housing inequality and ensuring that individuals in need have access to safe and affordable housing options. The organization's mission aligns with the broader objectives of Section 8 of the Housing and Urban Development mission, which aims to promote housing equity and address the housing needs of economically disadvantaged individuals.
Mullally Manor Inc's commitment to its mission is evident in its provision of housing assistance to individuals who meet the eligibility criteria for Section 8 funding. The organization's services help to alleviate housing-related stress and provide a stable living environment for its residents. Overall, Mullally Manor Inc's mission is centered around providing affordable and secure housing options for individuals in need, thereby contributing to their overall well-being and promoting housing equity.
Who is the CEO of Mullally Manor Inc?
Patricia Lagoni is the Board Member of Mullally Manor Inc.
What is the revenue of Mullally Manor Inc?
Mullally Manor Inc's revenue in 2022 was $1,029,430.
Who are the executives of Mullally Manor Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Mullally Manor Inc?
Mullally Manor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mullally Manor Inc
Mullally Manor Inc, as a public housing facility, is dedicated to providing a living space for individuals who receive support through Section 8 of the Housing and Urban Development mission. In simpler terms, Mullally Manor serves as a home for individuals who benefit from this specific housing assistance program. The organization's role is to offer a secure and comfortable living environment, contributing to the well-being of its residents.
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Impact
July, 2024
Mullally Manor Inc's impact is significant in providing affordable housing for individuals in need of assistance through Section 8 of the Housing and Urban Development program. By offering a safe and stable living environment, Mullally Manor helps vulnerable individuals access the housing support they require to improve their quality of life. The organization plays a crucial role in addressing homelessness and housing insecurity in the Daytona Beach, FL area, ensuring that individuals have a place to call home and fostering a sense of community within its housing facility.
This information is meant to be a general summary of Mullally 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 2022.
- Investment Income: $428
- Program Service Revenue: $197,733
- Gross Receipts: $1,067,004
Assets and Liabilities:
- Total Assets: $2,144,399
- Total Liabilities: $2,549,506
- Net Assets: -$405,107
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT FEES
Revenue
$187,576
SPECIAL CLAIMS REVENUE
Revenue
$7,170
LAUNDRY & VENDING
Revenue
$3,213
MISCELLANEOUS
Revenue
$2
FROM CSA IMPORT
Revenue
$2
Organization Details
Founding Year
1984
Phone
(386) 253-2828Principal Officer
Patricia Lagoni
Main Address
401 N RIDGEWOOD AVENUE, DAYTONA BEACH, FL, 32114
NTEE Category
Code: L21 - Housing
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