Overview
What is United Ashland Ministries Inc?
United Ashland Ministries Inc, based in Ashland, Kentucky, is a nonprofit organization that is deeply committed to addressing the housing needs of the elderly. They are primarily focused on providing and maintaining low-income housing, with their efforts supported by the HUD (U.S. Department of Housing and Urban Development). This organization plays a significant role in ensuring that elderly individuals in need have access to suitable housing, contributing to their overall well-being and quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
United Ashland Ministries Inc has received a solid Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The charity's overall score is based entirely on its Accountability & Finance metrics, indicating a robust governance structure. With 100% of its board members being independent, it demonstrates a commitment to transparency and oversight, contributing positively to its financial integrity.
The organization showcases impressive financial health, as evidenced by a program expense ratio of 78.30%, which suggests that a significant portion of its expenses directly supports its mission-driven programs. Additionally, the absence of material diversion of assets reinforces the trustworthiness of its financial practices. The charity also maintains comprehensive documentation, including meeting minutes, which adds to its accountability.
One limitation noted is that the overall rating is based solely on the Accountability & Finance beacon, without consideration for other operational aspects. While the financial metrics are strong, potential donors may want to further explore the charity's program effectiveness and impact to gain a fuller understanding of its contributions to the community.
This AI summary has been generated from information found on Charity Navigator.
Is United Ashland Ministries Inc legitimate?
United Ashland Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Ashland Ministries 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: $45,999
Professional Fundraising Fees: $0
Other Salaries and Wages: $95,160
For more financial information, click here
What is the mission statement of United Ashland Ministries Inc?
United Ashland Ministries Inc's mission is focused on providing and maintaining affordable housing options for the elderly. This mission aligns with the guidelines set by HUD. The organization's primary objective is to ensure that low-income elderly individuals have access to suitable living spaces. The organization incurs expenses in carrying out this mission, which involves maintaining the housing facilities to meet the necessary standards.
Who is the CEO of United Ashland Ministries Inc?
Fr D Andrew Garner is the Board Member of United Ashland Ministries Inc.
What is the revenue of United Ashland Ministries Inc?
United Ashland Ministries Inc's revenue in 2022 was $727,058.
Who are the executives of United Ashland Ministries Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for United Ashland Ministries Inc?
United Ashland Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of United Ashland Ministries Inc
United Ashland Ministries Inc is dedicated to providing and maintaining low-income housing for the elderly, aligned with HUD's guidelines. This nonprofit organization's mission is to ensure that elderly individuals have access to safe and affordable living spaces, thereby addressing a crucial need in the community. By undertaking the expenses associated with the upkeep and maintenance of these housing facilities, United Ashland Ministries Inc plays a significant role in enhancing the quality of life for the elderly population, thereby promoting their well-being and independence.
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Impact
July, 2024
United Ashland Ministries Inc has a significant impact on the community by providing and maintaining low-income housing for the elderly in Ashland, Kentucky. Through their dedication to this mission, they help vulnerable individuals access safe and affordable housing, improving their quality of life and ensuring they have a place to call home. This vital service not only addresses the immediate needs of the elderly population but also contributes to creating a more inclusive and supportive community for all residents.
This information is meant to be a general summary of United Ashland Ministries 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: $25,212
- Program Service Revenue: $681,129
- Gross Receipts: $727,058
Assets and Liabilities:
- Total Assets: $4,129,524
- Total Liabilities: $2,062,795
- Net Assets: $2,066,729
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$774,551
BRUCE 61-1296225
Revenue
-$37,931
HILLCREST 61-1296226
Revenue
-$55,491
Organization Details
Founding Year
1992
Phone
(606) 324-7377Principal Officer
Fr D Andrew Garner
Main Address
PO BOX 1699, ASHLAND, KY, 41105
NTEE Category
Code: L21 - Housing
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