Overview
What is St Anne's Gardens Inc?
St. Anne's Gardens Inc. is a nonprofit organization that specializes in providing affordable housing for elderly individuals with disabilities. Based on the information provided, they operate through a HUD project, which includes a collection of rental units specifically designed for handicapped and elderly residents. Their mission and primary activity revolve around offering low-income elderly housing, aiming to contribute positively to the lives of those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
St Anne's Gardens Inc has achieved an impressive 94% rating from Charity Navigator, reflecting its strong performance in accountability and finance. This score indicates that the organization is effectively managing its resources, with a particular emphasis on fiscal responsibility. The absence of any material diversion of assets further reinforces its commitment to transparency and integrity.
The nonprofit is governed by a fully independent board, consisting of 12 members, which enhances its credibility and decision-making processes. St Anne's Gardens Inc has implemented robust policies, including those related to conflicts of interest and whistleblower protections, ensuring a high level of oversight and ethical standards. The organization demonstrates excellent financial health, as evidenced by its favorable liabilities to assets ratio and a program expense ratio of nearly 90%, indicating that a significant portion of its funds is directed towards its mission-related activities.
While the organization shows strong performance metrics, it is important for potential donors and stakeholders to consider the overall impact of its programs. The financial metrics are solid, but continuous assessment of program outcomes and community engagement will be crucial for sustaining its success in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is St Anne's Gardens Inc legitimate?
St Anne's Gardens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Anne's Gardens 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: $188,122
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What is the mission statement of St Anne's Gardens Inc?
St. Anne's Gardens Inc. is committed to providing low-income housing for the elderly and handicapped. This is accomplished through a HUD-funded project, which includes rental units specifically designed for this demographic. The organization's mission is to offer a living space that caters to the unique needs of this population, ensuring they can reside comfortably and with the necessary support. The HUD project aims to provide a sense of community and security for its residents, fostering an environment where they can thrive.
Who is the CEO of St Anne's Gardens Inc?
Rev Marcos Somarriba is the President of St Anne's Gardens Inc.
What is the revenue of St Anne's Gardens Inc?
St Anne's Gardens Inc's revenue in 2023 was $1,015,213.
Who are the executives of St Anne's Gardens Inc and what are their salaries?
The average compensation at St Anne's Gardens Inc during 2023 was $37,624. There are 5 employees and 6 volunteers at St Anne's Gardens Inc.
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Where can I find the form 990 for St Anne's Gardens Inc?
St Anne's Gardens Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of St Anne's Gardens Inc
St. Anne's Gardens Inc. is dedicated to providing affordable housing for the elderly and handicapped community. Their mission is centered around operating a HUD project, which offers rental units specifically designed for this vulnerable population. This project serves as a vital resource, ensuring that elderly individuals have a place to call home, regardless of their financial situation or physical abilities. By offering these rental units, St. Anne's Gardens Inc. is making a significant contribution to the well-being of the elderly population, providing them with a safe and comfortable living environment.
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Impact
July, 2024
St Anne's Gardens Inc provides essential low-income housing for elderly and handicapped individuals in Lauderdale Lakes, Florida. By offering rental units through a HUD project, St Anne's Gardens ensures that this vulnerable population has a safe and affordable place to call home. This impact is crucial in addressing the housing needs of low-income elderly individuals, providing them with security and stability in their later years. St Anne's Gardens plays a vital role in supporting the well-being and quality of life of these individuals in the community.
This information is meant to be a general summary of St Anne's Gardens 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: $13,117
- Program Service Revenue: $1,002,096
- Gross Receipts: $1,015,213
Assets and Liabilities:
- Total Assets: $4,370,471
- Total Liabilities: $56,576
- Net Assets: $4,313,895
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYM
Revenue
$665,248
RENTAL INCOME, NET
Revenue
$294,665
SPECIAL CLAIM REVENUE
Revenue
$34,499
COIN LAUNDRY AND VENDI
Revenue
$7,684
Organization Details
Founding Year
2003
Phone
(954) 484-1515Principal Officer
Rev Marcos Somarriba
Main Address
4790 N STATE ROAD 7, LAUDERDALE LAKES, FL, 33319
NTEE Category
Code: L22 - Housing
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