Overview
What is Bl Trevathanhatler E Morgan Elderly Housing Inc?
Bl Trevathanhatler E Morgan Elderly Housing Inc, located in Benton, KY, is a dedicated nonprofit organization that focuses on offering affordable housing solutions for the elderly. Their primary mission is to provide low-income senior citizens with a place to call home, aiming to enhance their quality of life during their retirement years. The organization serves as a valuable resource within the community, contributing to the well-being and comfort of its elderly residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars
Bl Trevathanhatler E Morgan Elderly Housing Inc has received a two-star rating, indicating a need for improvement in various areas. The overall score of 61% reflects a solid performance in some financial accountability aspects, such as having a fully independent board and a good material diversion of assets score. However, there are significant concerns regarding governance, particularly the absence of key policies such as conflict of interest and whistleblower policies, which received a score of zero.
The organization demonstrates strengths in program expense ratios, indicating that a substantial portion of its resources is directed towards its mission. However, weaknesses in transparency and risk management practices, evidenced by low scores in document retention and the liabilities-to-assets ratio, raise concerns about its overall operational effectiveness and long-term sustainability.
In summary, while Bl Trevathanhatler E Morgan Elderly Housing Inc shows promise in certain financial metrics, critical governance and policy gaps suggest that improvements are necessary to enhance its accountability and operational practices. Continued efforts to strengthen governance frameworks and transparency will be vital for building stakeholder trust and improving overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Bl Trevathanhatler E Morgan Elderly Housing Inc legitimate?
Bl Trevathanhatler E Morgan Elderly Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bl Trevathanhatler E Morgan Elderly Housing 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: $22,342
For more financial information, click here
What is the mission statement of Bl Trevathanhatler E Morgan Elderly Housing Inc?
Bl Trevathanhatler E Morgan Elderly Housing Inc is committed to providing affordable housing for the elderly. Their mission is to offer a living space for elderly individuals with limited income, ensuring they have a suitable residence. The organization strives to make a positive impact on the elderly community by providing a secure and comfortable living environment. The focus is on supporting the elderly, ensuring they have access to a suitable home without financial burdens. By offering low-income housing, Bl Trevathanhatler E Morgan Elderly Housing Inc aims to contribute to the well-being of the elderly population and promote an inclusive and supportive community for them.
Who is the CEO of Bl Trevathanhatler E Morgan Elderly Housing Inc?
Gene Gilliland is the Director of Bl Trevathanhatler E Morgan Elderly Housing Inc.
What is the revenue of Bl Trevathanhatler E Morgan Elderly Housing Inc?
Bl Trevathanhatler E Morgan Elderly Housing Inc's revenue in 2023 was $186,102.
Who are the executives of Bl Trevathanhatler E Morgan Elderly Housing Inc and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Bl Trevathanhatler E Morgan Elderly Housing Inc?
Bl Trevathanhatler E Morgan Elderly Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bl Trevathanhatler E Morgan Elderly Housing Inc
Bl Trevathanhatler E Morgan Elderly Housing Inc, as a retirement home or senior housing program, is committed to providing low-income housing solutions for the elderly. Its mission is geared towards ensuring that the elderly have a suitable living environment, catering to their specific needs and financial circumstances. By offering affordable housing options, the organization aims to contribute positively to the well-being and comfort of the elderly population, allowing them to live with dignity and independence.
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Impact
October, 2024
Bl Trevathanhatler E Morgan Elderly Housing Inc plays a vital role in enhancing the quality of life for low-income elderly residents in Benton, KY. By offering accessible housing options, it alleviates the financial burden often faced by seniors, allowing them to maintain their independence and dignity in a supportive environment.
The impact of this organization extends beyond providing shelter; it fosters a sense of community among residents, encouraging social interaction and engagement. This is particularly important for the elderly, who may experience isolation and loneliness. Furthermore, safe and affordable housing contributes to the overall health and well-being of residents, facilitating access to essential services and resources.
In summary, Bl Trevathanhatler E Morgan Elderly Housing Inc significantly contributes to the welfare of the elderly population by improving their living conditions and promoting a vibrant community in Benton, KY.
This information is meant to be a general summary of Bl Trevathanhatler E Morgan Elderly Housing 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 2023.
- Investment Income: $84
- Program Service Revenue: $97,700
- Gross Receipts: $186,102
Assets and Liabilities:
- Total Assets: $1,093,175
- Total Liabilities: $1,815,165
- Net Assets: -$721,990
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT & CHARGES
Revenue
$97,700
Organization Details
Founding Year
2001
Phone
(812) 876-5478Principal Officer
Gene Gilliland
Main Address
1005 MAIN STREET PO BOX 466, BENTON, KY, 42025
NTEE Category
Code: L21 - Housing
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