Overview
What is Shady Acres Independent Living For Mentally Challenged Adults Inc?
Shady Acres Independent Living for Mentally Challenged Adults Inc is a nonprofit organization situated in Ocala, Florida. Their primary mission is to offer subsidized housing for individuals with mental disabilities, aiming to foster a lifestyle of responsibility and independence. By providing this housing, they aim to empower their residents to lead fulfilling and independent lives. The organization operates with the belief that everyone deserves a place to call home, regardless of their challenges.
Official website here: www.shadyacresfl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Shady Acres Independent Living For Mentally Challenged Adults Inc demonstrates solid accountability and financial management, as reflected in its 76% overall score, which is derived solely from the Accountability & Finance beacon. The organization benefits from a strong independent board, with 85% of its members being independent, which contributes positively to its governance and decision-making processes.
While the organization shows strengths in areas like asset management and program expenses, there are notable deficiencies in its policy framework. Specifically, it lacks key governance policies such as conflict of interest and whistleblower policies, which could affect its operational transparency and accountability. Addressing these shortcomings would enhance its overall rating and credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Shady Acres Independent Living For Mentally Challenged Adults Inc legitimate?
Shady Acres Independent Living For Mentally Challenged Adults Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shady Acres Independent Living For Mentally Challenged Adults 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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Official website here: www.shadyacresfl.org
What is the mission statement of Shady Acres Independent Living For Mentally Challenged Adults Inc?
Shady Acres Independent Living for Mentally Challenged Adults Inc is committed to providing subsidized housing for individuals with mental disabilities. The primary objective of this organization is to foster a lifestyle of responsibility and independence for low and very low income mentally handicapped adults. This is achieved by offering them a living environment that encourages personal growth and self-reliance. The organization's mission is centered around providing a supportive housing environment that empowers these adults to lead fulfilling lives with a sense of independence.
Official website here: www.shadyacresfl.org
Who is the CEO of Shady Acres Independent Living For Mentally Challenged Adults Inc?
Charlie Demenzes is the President of Shady Acres Independent Living For Mentally Challenged Adults Inc.
Official website here: www.shadyacresfl.org
What is the revenue of Shady Acres Independent Living For Mentally Challenged Adults Inc?
Shady Acres Independent Living For Mentally Challenged Adults Inc's revenue in 2022 was $69,593.
Official website here: www.shadyacresfl.org
Who are the executives of Shady Acres Independent Living For Mentally Challenged Adults Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.shadyacresfl.org
Where can I find the form 990 for Shady Acres Independent Living For Mentally Challenged Adults Inc?
Shady Acres Independent Living For Mentally Challenged Adults Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shadyacresfl.org
Learn more at the official website: www.shadyacresfl.org
Mission Statement of Shady Acres Independent Living For Mentally Challenged Adults Inc
Shady Acres Independent Living for Mentally Challenged Adults Inc is dedicated to providing a supportive living environment for individuals with mental disabilities who fall under the low and very low-income brackets. The organization's primary mission is to foster a lifestyle of responsibility and independence among its residents. By offering subsidized housing, Shady Acres aims to empower these adults to live independently, promoting self-reliance and personal growth. The organization's mission is a testament to its commitment to enhancing the quality of life for individuals with mental disabilities, providing them with the opportunity to live with dignity and independence.
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Impact
August, 2024
Shady Acres Independent Living For Mentally Challenged Adults Inc provides subsidized housing to low and very low-income mentally challenged adults with the aim of fostering a lifestyle of responsibility and independence. Their impact is significant in offering a supportive living environment tailored to the specific needs of this population, allowing residents to thrive in a community that promotes autonomy and self-sufficiency. Through their housing program, Shady Acres is instrumental in enhancing the quality of life and opportunities for mentally challenged adults in the Ocala, FL area.
This information is meant to be a general summary of Shady Acres Independent Living For Mentally Challenged Adults 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: -$44,707
- Program Service Revenue: $114,034
- Gross Receipts: $736,561
Assets and Liabilities:
- Total Assets: $745,718
- Total Liabilities: $147,514
- Net Assets: $598,204
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENCE RENT
Revenue
$83,692
RENT PAID BY HUD
Revenue
$30,342
Organization Details
Founding Year
1995
Phone
(352) 873-1117Principal Officer
Charlie Demenzes
Main Address
8660 SW 27TH AVENUE, OCALA, FL, 34476
Website
www.shadyacresfl.orgNTEE Category
Code: L21 - Housing
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