Overview
What is Parkview Manor Inc?
Parkview Manor Inc is a nonprofit organization situated in Williamstown, Kentucky. Their primary mission is to provide affordable housing for elderly, disabled, and low-income families. Established with the objective of operating an apartment facility, the corporation aims to cater to this specific demographic, ensuring they have access to safe and suitable living spaces. With a modest workforce of just two individuals, Parkview Manor Inc continues to contribute to the well-being of its community by providing essential housing solutions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Star rating)
Parkview Manor Inc has been evaluated and received a One-Star rating, reflecting a score of 58%, primarily derived from its Accountability & Finance metrics. The organization's strengths include a fully independent board and a high program expense ratio of 98.07%, indicating that nearly all financial resources are allocated towards its programmatic work, which suggests a focus on fulfilling its mission.
However, the organization faces significant limitations, particularly in its governance and policy structures. Notably, it lacks key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which are critical for transparency and accountability. Additionally, the liabilities to assets ratio is concerning at 110.14%, suggesting potential financial stability issues.
Overall, while Parkview Manor Inc demonstrates strong commitment in areas of program spending and board independence, the absence of crucial governance policies and a high liabilities ratio raises questions about its long-term financial health and operational transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Parkview Manor Inc legitimate?
Parkview Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parkview 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: $44,184
For more financial information, click here
What is the mission statement of Parkview Manor Inc?
Parkview Manor Inc was established with the mission to operate an apartment facility catering to the elderly, disabled, and families of low to moderate income. The primary objective of this corporation is to provide housing solutions for these groups, ensuring they have access to a safe and affordable living space. By offering this service, Parkview Manor Inc aims to contribute to the well-being and support of these communities in need. The corporation's activities are focused on managing and maintaining an apartment facility that meets the specific needs of its residents, offering them a comfortable and inclusive living environment.
Who is the CEO of Parkview Manor Inc?
Louie Jump is the President of Parkview Manor Inc.
What is the revenue of Parkview Manor Inc?
Parkview Manor Inc's revenue in 2022 was $201,915.
Who are the executives of Parkview Manor Inc and what are their salaries?
The average compensation at Parkview Manor Inc during 2022 was $22,092. There are 2 employees and 9 volunteers at Parkview Manor Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Parkview Manor Inc?
Parkview Manor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Parkview Manor Inc
Parkview Manor Inc, a nonprofit organization, was established with the primary objective of managing an apartment complex catering to the elderly, disabled, and families of low or moderate income. The corporation's mission is geared towards providing affordable housing solutions for these vulnerable populations, ensuring they can live with dignity and security. By operating an apartment facility, Parkview Manor Inc aims to contribute to the well-being of these individuals, offering them a safe and comfortable living environment.
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Impact
October, 2024
Parkview Manor Inc plays a vital role in enhancing the quality of life for elderly individuals, disabled persons, and low-to-moderate income families in Williamstown, KY. By operating an apartment facility specifically designed for these vulnerable populations, the organization provides secure and affordable housing options that contribute to stability and community well-being.
The impact of Parkview Manor Inc extends beyond mere housing; it fosters a sense of belonging and independence among its residents. By offering a supportive living environment, the facility enables individuals to maintain their dignity and autonomy while also accessing essential services and social connections with their neighbors.
Through its commitment to serving those in need, Parkview Manor Inc addresses critical housing disparities, ensuring that the elderly, disabled, and low-to-moderate income families have a safe place to call home. This initiative not only meets immediate housing needs but also promotes long-term community resilience and cohesion.
This information is meant to be a general summary of Parkview 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.
- Program Service Revenue: $108,421
- Gross Receipts: $201,915
Assets and Liabilities:
- Total Assets: $332,542
- Total Liabilities: $446,051
- Net Assets: -$113,509
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$63,223
UTILITY RECEIPTS
Revenue
$37,692
INTEREST INCOME
Revenue
$362
LAUNDRY
Revenue
$4,700
FORFEITED DEPOSITS MISC INCOME
Revenue
$2,444
Organization Details
Founding Year
1977
Phone
(859) 824-7722Principal Officer
Louie Jump
Main Address
228 SOUTH MAIN STREET, WILLIAMSTOWN, KY, 41097
NTEE Category
Code: L22 - Housing
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