Overview
What is Mullins-Roberts Apartments Inc?
Mullins-Roberts Apartments Inc is a charitable, non-profit organization situated in Louisville, Kentucky. Established with a mission to provide housing facilities, it has constructed a 10-unit apartment complex specifically designed to accommodate handicapped individuals. The organization operates under the name Mullins-Roberts Apartments, providing a secure and accessible living space for those in need. By maintaining and operating the complex on a non-profit basis, Mullins-Roberts Apartments Inc contributes to enhancing the quality of life for handicapped individuals in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
Mullins-Roberts Apartments Inc has achieved a remarkable rating of 94%, reflecting its strong performance in accountability and finance. This excellent score, derived entirely from the Accountability & Finance beacon, indicates the organization's commitment to transparency and responsible management of its resources. The high rating signifies that donors can have confidence in the organization's financial practices.
The organization showcases several strengths, including a board composed entirely of independent members, which enhances governance and oversight. Its financial health is also evidenced by a low liabilities to assets ratio of 10.92% and a program expense ratio of 80.03%, indicating that a significant portion of its funds directly supports its programs. Furthermore, the charity has established policies for conflict of interest, whistleblower protection, and document retention, which are essential for maintaining ethical standards.
However, while the financial indicators and governance practices are commendable, the data does not provide insights into the specific programs or services that Mullins-Roberts Apartments offers. Potential donors may want to seek additional information about the impact and effectiveness of those programs to better understand how their contributions would be utilized.
This AI summary has been generated from information found on Charity Navigator.
Is Mullins-Roberts Apartments Inc legitimate?
Mullins-Roberts Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mullins-Roberts Apartments 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
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What is the mission statement of Mullins-Roberts Apartments Inc?
Mullins-Roberts Apartments Inc was established with a mission to provide housing facilities for individuals with disabilities. Operating on a charitable and non-profit basis, they constructed a 10-unit apartment complex specifically designed for this purpose. The organization's primary goal is to offer a living space that caters to the needs of handicapped individuals. By operating under the name Mullins-Roberts Apartments, they aim to contribute to the community by providing a safe and comfortable living environment for those in need.
Who is the CEO of Mullins-Roberts Apartments Inc?
Curtis Thrush is the President of Mullins-Roberts Apartments Inc.
What is the revenue of Mullins-Roberts Apartments Inc?
Mullins-Roberts Apartments Inc's revenue in 2022 was $81,126.
Who are the executives of Mullins-Roberts Apartments Inc and what are their salaries?
Here are 4 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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Where can I find the form 990 for Mullins-Roberts Apartments Inc?
Mullins-Roberts Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mullins-Roberts Apartments Inc
Mullins-Roberts Apartments Inc, a non-profit organization, was established with the purpose of providing housing facilities for individuals with disabilities. Operating on a charitable basis, the organization constructed a 10-unit apartment complex specifically designed to cater to this population. The organization, known as Mullins-Roberts Apartments, is committed to offering a home that is not only maintained but also operated with the well-being of its residents in mind. By providing affordable and accessible housing, Mullins-Roberts Apartments Inc aims to contribute positively to the lives of individuals with disabilities.
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Impact
October, 2024
Mullins-Roberts Apartments Inc significantly impacts the community by providing much-needed housing for handicapped individuals in Louisville, Kentucky. The organization has established a 10-unit apartment complex specifically designed to meet the unique needs of this underserved population. By offering accessible and affordable living spaces, Mullins-Roberts Apartments promotes independence and stability for individuals who might otherwise face barriers to secure housing.
In addition to providing shelter, the apartments contribute to social inclusion, allowing residents to integrate more fully into the community. This initiative not only meets a critical need for accessible housing but also fosters an environment of support and empowerment for individuals with disabilities, enhancing their quality of life and well-being. Through its efforts, Mullins-Roberts Apartments plays a vital role in addressing housing challenges and advocating for the rights and dignity of handicapped individuals.
This information is meant to be a general summary of Mullins-Roberts Apartments 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: $10
- Program Service Revenue: $21,392
- Gross Receipts: $81,126
Assets and Liabilities:
- Total Assets: $353,515
- Total Liabilities: $38,330
- Net Assets: $315,185
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$21,392
Organization Details
Founding Year
1995
Phone
(502) 589-3030Principal Officer
Curtis Thrush
Main Address
924 E LIBERTY, LOUISVILLE, KY, 40204
NTEE Category
Code: L20Z - Housing
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