Overview
What is The Eshragieh And Mahmoud Rabbani Charitable Trust?
The Eshragieh and Mahmoud Rabbani Charitable Trust is a nonprofit organization situated in Winter Park, Florida. Its primary mission is to provide affordable housing solutions for individuals with low to moderate income levels. In addition to offering below-market rental apartments and houses, the trust is also actively involved in sponsoring Bahai conferences. With a team of six dedicated employees, the trust aims to contribute positively to the local community by addressing the housing needs of those in need while fostering spiritual growth through Bahai gatherings.
Official website here: www.rabbanitrust.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% - One-Star out of Four Stars
The Eshragieh And Mahmoud Rabbani Charitable Trust has received a low rating of 54% from Charity Navigator, categorizing it as a One-Star organization. This score primarily reflects concerns related to accountability and financial practices, with significant deficiencies noted in board independence and the availability of financial statements.
Strengths of the organization include a perfect score for the material diversion of assets and a favorable liabilities to assets ratio, indicating some level of financial stability. However, the lack of independent board members and a comprehensive conflict of interest policy raises questions about governance and oversight. Additionally, the absence of essential financial documentation and transparency measures highlights areas that require immediate improvement.
Overall, while the charity demonstrates some financial strengths, its governance issues could impact its ability to effectively fulfill its mission. Potential donors and stakeholders may want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Eshragieh And Mahmoud Rabbani Charitable Trust legitimate?
The Eshragieh And Mahmoud Rabbani Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Eshragieh And Mahmoud Rabbani Charitable Trust 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: $108,580
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,447
For more financial information, click here
Official website here: www.rabbanitrust.org
What is the mission statement of The Eshragieh And Mahmoud Rabbani Charitable Trust?
The Eshragieh and Mahmoud Rabbani Charitable Trust primarily engages in two main activities. Firstly, it sponsors conferences focused on the Bahai faith. Secondly, it provides affordable housing solutions to individuals with low to moderate income levels. This charitable organization significantly contributes to the community by offering below-market rental apartments and houses, thereby addressing the housing needs of those in need.
Official website here: www.rabbanitrust.org
Who is the CEO of The Eshragieh And Mahmoud Rabbani Charitable Trust?
Larry J Herring is the Trustee of The Eshragieh And Mahmoud Rabbani Charitable Trust.
Official website here: www.rabbanitrust.org
What is the revenue of The Eshragieh And Mahmoud Rabbani Charitable Trust?
The Eshragieh And Mahmoud Rabbani Charitable Trust's revenue in 2021 was $2,671,617.
Official website here: www.rabbanitrust.org
Who are the executives of The Eshragieh And Mahmoud Rabbani Charitable Trust and what are their salaries?
The average compensation at The Eshragieh And Mahmoud Rabbani Charitable Trust during 2021 was $37,338. There are 6 employees at The Eshragieh And Mahmoud Rabbani Charitable Trust.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.rabbanitrust.org
Where can I find the form 990 for The Eshragieh And Mahmoud Rabbani Charitable Trust?
The Eshragieh And Mahmoud Rabbani Charitable Trust's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.rabbanitrust.org
Learn more at the official website: www.rabbanitrust.org
Mission Statement of The Eshragieh And Mahmoud Rabbani Charitable Trust
The Eshragieh and Mahmoud Rabbani Charitable Trust is dedicated to carrying out two primary program activities. Firstly, it sponsors Bahai conferences, contributing to the spiritual and educational growth of the Bahai community. Secondly, the trust provides affordable housing to individuals with low to moderate income levels. This housing is offered at below-market rates, making it an essential resource for those in need. By offering both spiritual enrichment and affordable housing, the Charitable Trust aims to support and uplift its community.
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Impact
July, 2024
The Eshragieh And Mahmoud Rabbani Charitable Trust has a significant impact on the community by sponsoring Baha'i conferences and providing affordable housing to individuals of low to moderate income levels. Their primary focus on offering below-market rental apartments and houses to those in need helps address housing insecurity and improves the quality of life for vulnerable populations. Through their philanthropic efforts, the Trust contributes to creating a more inclusive and supportive environment for individuals facing economic challenges in Winter Park, Florida.
This information is meant to be a general summary of The Eshragieh And Mahmoud Rabbani Charitable Trust. 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 2021.
- Investment Income: $2,182,659
- Program Service Revenue: $488,758
- Gross Receipts: $3,893,238
Assets and Liabilities:
- Total Assets: $8,130,994
- Total Liabilities: $57,315
- Net Assets: $8,073,679
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROSS RENTAL INCOME
Revenue
$488,758
Organization Details
Founding Year
1991
Principal Officer
Larry J Herring
Main Address
611 N WYMORE RD STE 100, WINTER PARK, FL, 327892848
Website
www.rabbanitrust.orgNTEE Category
Code: T900 - Philanthropy
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