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Faush - Metropolitan Manor Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 630815283 ✦ Birmingham, AL ✦ Designated as a 501(c)(3)

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Overview

What is Faush - Metropolitan Manor Inc?

Faush - Metropolitan Manor Inc is a nonprofit organization dedicated to addressing the housing needs of low-income individuals. Located under the purview of the National Housing Act, specifically section 202, this organization provides 50 one-bedroom apartments, overseen by the HUD. Tenants benefit from the convenience of on-site laundry facilities. The primary mission of Faush - Metropolitan Manor Inc is to offer affordable housing solutions, ensuring that these essential living spaces are accessible and equipped with amenities for the comfort of its residents.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 52%, One-Star out of Four Star rating.

Faush - Metropolitan Manor Inc has received a low rating primarily due to its lack of transparency and missing financial documentation. While the organization boasts a fully independent board, scoring high in board independence, it fails to provide essential financial statements, resulting in significant points deducted in that area. The program expense ratio is commendable at 91.85%, suggesting that a large portion of its funds are directed toward its programs rather than administrative costs.

Despite the strengths in board composition and the absence of material diversion of assets, the nonprofit has critical gaps in governance practices. Missing policies such as conflict of interest, whistleblower protections, and document retention indicate potential vulnerabilities in accountability and oversight. The absence of required documentation on its website further exacerbates concerns regarding transparency.

Overall, while Faush - Metropolitan Manor Inc shows some positive indicators in its program expenditures and governance structure, the severe deficiencies in financial reporting and policy implementation highlight significant areas needing improvement for better accountability and trust from stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Faush - Metropolitan Manor Inc legitimate?

Faush - Metropolitan Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faush - Metropolitan 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: $0

For more financial information, click here

What is the mission statement of Faush - Metropolitan Manor Inc?

Faush - Metropolitan Manor Inc, as a non-profit organization, is committed to providing low-income housing. They accomplish this by offering 50 one-bedroom apartments under Section 202 of the National Housing Act, which is overseen by HUD. These apartments include laundry facilities, offering a convenient amenity for their residents. The mission of Faush - Metropolitan Manor Inc is focused on making affordable housing available, thereby contributing to the well-being of individuals with limited financial resources.

Who is the CEO of Faush - Metropolitan Manor Inc?

Therolene Hardy is the Board Member of Faush - Metropolitan Manor Inc.

What is the revenue of Faush - Metropolitan Manor Inc?

Faush - Metropolitan Manor Inc's revenue in 2023 was $750,952.

Who are the executives of Faush - Metropolitan Manor Inc and what are their salaries?


Here are 6 key members and their salaries:


Theroline Hardy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Wright - Rice (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Ashley Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angenette Whittaker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Atrie Robinson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Faye White Dodsin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Faush - Metropolitan Manor Inc?

Faush - Metropolitan Manor Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Faush - Metropolitan Manor Inc

Faush - Metropolitan Manor Inc is dedicated to providing low-income housing solutions. Through their commitment, they offer 50 one-bedroom apartments, regulated by the HUD under Section 202 of the National Housing Act. This setup ensures that the apartments are accessible and affordable for individuals with limited financial resources. The apartments are equipped with a convenient on-site laundry facility, enhancing the living experience for the tenants. By providing such housing solutions, Faush - Metropolitan Manor Inc contributes to the betterment of their community, offering a decent living space for those in need.

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Impact




July, 2024

Faush - Metropolitan Manor Inc's impact is significant in providing low-income housing in Birmingham, Alabama. The organization offers 50 one-bedroom apartments under section 202 of the national housing act, regulated by HUD. This initiative ensures that individuals in need have access to affordable housing options. Additionally, the inclusion of laundry facilities in the apartments serves as a convenience for the tenants, enhancing their quality of life. Faush - Metropolitan Manor Inc's efforts directly contribute to addressing the housing needs of low-income individuals in the community, making a positive impact on their lives.




This information is meant to be a general summary of Faush - Metropolitan 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.

Revenue
$750,952 (2023)
Expenses
$772,797 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $365
  • Program Service Revenue: $750,587
  • Gross Receipts: $750,952

Assets and Liabilities:

  • Total Assets: $1,918,166
  • Total Liabilities: $1,816,583
  • Net Assets: $101,583

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$132,515

TENANT CHARGES

Revenue

$2,492

LAUNDRY & VENDING

Revenue

$1,727

MISC REVENUE

Revenue

$66

Organization Details

Founding Year

1982

Principal Officer

Therolene Hardy

Main Address

5705 1ST AVENUE SOUTH, BIRMINGHAM, AL, 35212

NTEE Category

Code: P99 - Human services

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