Overview
What is The Morselife Housing Corporation Inc?
The Morselife Housing Corporation Inc is a nonprofit organization based in West Palm Beach, Florida, with a total of 348 employees. Their primary focus is operating a senior living community, providing a full range of health services. The community consists of 326 units, including studio, one-bedroom, and two-bedroom apartments. Residents have the option to receive additional care, which offers extra hands-on assistance. Services provided include meals, nursing care, recreation, and social services. The organization aims to help seniors (average age 90+) avoid or delay institutional placement by offering an assisted living environment.
Official website here: www.morselife.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Morselife Housing Corporation Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score reflects a strong emphasis on financial practices, with a particular focus on transparency and governance. With an Accountability & Finance Score of 81, the organization demonstrates effective management of its resources.
Strengths highlighted include a fully independent board, which scored 8 out of 8 points, and a strong audit and oversight committee, reflecting a commitment to sound financial practices. Additionally, the organization has no reported material diversions of assets, and it maintains a comprehensive set of policies, including conflict of interest and whistleblower protections. The program expense ratio stands at an impressive 81.26%, suggesting that a significant portion of expenses are directed toward its mission.
While there are many positive aspects, the score of 81% suggests that there is still room for improvement in some areas. Continued efforts to enhance operational effectiveness and broaden program impact may further strengthen the charity's standing in the nonprofit sector. Overall, the Morselife Housing Corporation Inc appears to be a responsible organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Morselife Housing Corporation Inc legitimate?
The Morselife Housing Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Morselife Housing Corporation 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: $272,471
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,132,457
For more financial information, click here
Official website here: www.morselife.org
What is the mission statement of The Morselife Housing Corporation Inc?
The Morselife Housing Corporation Inc operates a senior living community that offers a comprehensive range of health services. Residents have access to meals, nursing care, recreation, and social services. Their assisted living facilities include studio, one-bedroom, and two-bedroom apartments, and residents have the option to receive additional hands-on care. All assisted living residents are at risk for long-term care placement. The community environment, which is primarily for seniors with an average age of 90+, plays a crucial role in preventing or delaying institutionalization.
Official website here: www.morselife.org
Who is the CEO of The Morselife Housing Corporation Inc?
Keith A Myers is the President/Ceo of The Morselife Housing Corporation Inc. The CEO's salary of The Morselife Housing Corporation Inc is $0 and their total compensation is $0.
Official website here: www.morselife.org
What is the revenue of The Morselife Housing Corporation Inc?
The Morselife Housing Corporation Inc's revenue in 2022 was $25,757,554.
Official website here: www.morselife.org
Who are the executives of The Morselife Housing Corporation Inc and what are their salaries?
The average compensation at The Morselife Housing Corporation Inc during 2022 was $24,152. There are 348 employees at The Morselife Housing Corporation Inc.
Here are 29 key members and their salaries (The Morselife Housing Corporation Inc's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $248,886
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- Other: $32,238
- Compensation: $146,791
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- Other: $11,684
- Compensation: $176,180
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- Compensation: $142,618
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- Other: $10,930
- Compensation: $131,891
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- Other: $8,027
Official website here: www.morselife.org
Where can I find the form 990 for The Morselife Housing Corporation Inc?
The Morselife Housing Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.morselife.org
Learn more at the official website: www.morselife.org
Mission Statement of The Morselife Housing Corporation Inc
The Morselife Housing Corporation Inc is a renowned organization that operates a senior living community, offering a complete range of health services. Its mission is to provide a nurturing environment for seniors, ensuring they receive comprehensive care and support.
In their quest to enhance the quality of life for their residents, The Morselife Housing Corporation Inc offers 326 units of assisted living and independent living facilities. These units cater to various needs, with options for studio, one-bedroom, and two-bedroom apartments. While independent living residents maintain their autonomy, assisted living residents may opt for additional hands-on care.
The organization's services extend to meals, nursing care, recreation, and social services, addressing the diverse needs of its residents. For those at risk for long-term care placement, The Morselife Housing Corporation Inc's assisted living community plays a crucial role in avoiding or delaying institutionalization. The average age of residents being 90+, the community's instrumental role in maintaining independence and enhancing well-being is invaluable.
The Morselife Housing Corporation Inc's commitment to senior care goes beyond basic necessities. By offering a full complement of health services, the organization ensures that its residents receive the care they need, ultimately contributing to improved overall well-being and a higher quality of life.
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Impact
October, 2024
The Morselife Housing Corporation Inc has a significant impact on the elderly community in West Palm Beach, Florida, by providing a comprehensive senior living environment that combines independent and assisted living options. With 326 units that range from studio to two-bedroom apartments, the organization offers a welcoming and supportive atmosphere tailored to the needs of seniors, particularly those averaging 90 years of age.
By incorporating extra levels of care, residents can receive personalized assistance, which is crucial for maintaining their health and well-being. The services provided, including meals, nursing care, recreation, and social services, not only cater to the physical needs of seniors but also enhance their overall quality of life. This multipronged approach is instrumental in helping residents avoid or delay transitions to skilled nursing facilities, thereby promoting autonomy and dignity in their later years.
The Morselife Housing Corporation fosters a community where seniors can thrive socially and emotionally, reducing isolation and encouraging active engagement. By ensuring that assistance is available as needed, the organization plays a vital role in supporting the aging population and their families, facilitating a smoother transition into later life stages while maintaining a focus on health and well-being.
This information is meant to be a general summary of The Morselife Housing Corporation 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: $27,127
- Program Service Revenue: $25,529,534
- Gross Receipts: $25,757,554
Assets and Liabilities:
- Total Assets: $149,720,364
- Total Liabilities: $146,019,216
- Net Assets: $3,701,148
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT RENTAL REVENUE
Revenue
$24,549,673
OTHER RESIDENT SERVICE REVENUE
Revenue
$650,903
NET RESIDENT SERVICE
Revenue
$328,958
Organization Details
Founding Year
1998
Phone
(561) 471-5111Principal Officer
Keith A Myers
Main Address
4847 DAVID S MACK DRIVE, WEST PALM BEACH, FL, 33417
Website
www.morselife.orgNTEE Category
Code: P81 - Human services
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