Overview
What is Mease Life Residents Foundation Inc?
Mease Life Residents Foundation Inc is a nonprofit organization situated in Dunedin, Florida. Its primary mission is to provide financial aid to the residents of Mease Life, a community that may require such assistance. Furthermore, the foundation contributes funds to capital and operating projects that enhance the lives of Mease Life's residents. Their goal is to ensure the well-being and support of the community members they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star Rating
Mease Life Residents Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The rating is based entirely on one beacon score reflecting the organization's financial health and governance practices. A high level of accountability is demonstrated, with 100% of board members being independent and no material diversion of assets noted.
The foundation showcases strong financial indicators, including an impressive program expense ratio of 84.85%, meaning a substantial portion of funds are directed towards its mission. Additionally, the organization has a perfect score in both fundraising efficiency and liabilities to assets ratio, signaling prudent financial management and a robust funding structure.
While the overall score is positive, it is derived solely from financial metrics, which may not capture other aspects of the organization’s impact or effectiveness in fulfilling its mission. Nonetheless, the strong governance practices and financial stability reflect a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Mease Life Residents Foundation Inc legitimate?
Mease Life Residents Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mease Life Residents Foundation 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: $0
For more financial information, click here
What is the mission statement of Mease Life Residents Foundation Inc?
The Mease Life Residents Foundation Inc's mission is centered around providing support to its residents who require financial assistance. Additionally, the foundation aims to fund capital and operating projects that contribute to enhancing the lives of these residents. In essence, the foundation's role is to alleviate financial burdens and improve the living conditions of its residents through various projects.
Who is the CEO of Mease Life Residents Foundation Inc?
Mary Beth Carroll is the President of Mease Life Residents Foundation Inc.
What is the revenue of Mease Life Residents Foundation Inc?
Mease Life Residents Foundation Inc's revenue in 2022 was $2,819,684.
Who are the executives of Mease Life Residents Foundation Inc and what are their salaries?
There 5 volunteers at Mease Life Residents Foundation Inc.
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Mease Life Residents Foundation Inc?
Mease Life Residents Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mease Life Residents Foundation Inc
Mease Life Residents Foundation Inc is committed to aiding the residents who reside within its community and are in need of financial assistance. The organization's mission is multifaceted, aiming to not only provide financial aid but also to invest in capital and operating projects that ultimately benefit the residents of Mease Life. By offering this assistance and funding for projects, the foundation aims to support the overall well-being and livelihood of its residents.
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Impact
July, 2024
Mease Life Residents Foundation Inc makes a direct and meaningful impact by assisting residents of Mease Life who require financial support. This assistance enables residents to access crucial services and resources, improving their quality of life within the community. Additionally, the foundation's funding of capital and operating projects further enhances the well-being and support available to residents at Mease Life. Through their philanthropic efforts, Mease Life Residents Foundation Inc positively contributes to the overall welfare and happiness of the residents they serve.
This information is meant to be a general summary of Mease Life Residents Foundation 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: $64,950
- Gross Receipts: $5,278,135
Assets and Liabilities:
- Total Assets: $3,593,615
- Total Liabilities: $0
- Net Assets: $3,593,615
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Organization Details
Founding Year
1984
Phone
(727) 738-3209Principal Officer
Mary Beth Carroll
Main Address
700 MEASE PLAZA, DUNEDIN, FL, 346986680
NTEE Category
Code: T30 - Philanthropy
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