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St Boniface Gardens Inc

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

EIN: 650984174 ✦ Lauderdale lakes, FL ✦ Designated as a 501(c)(3)

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Overview

What is St Boniface Gardens Inc?

St. Boniface Gardens Inc. is a nonprofit organization that specializes in providing affordable housing solutions for elderly and handicapped individuals. Their mission is to support this vulnerable population through a rental unit project, which is backed by the United States Department of Housing and Urban Development (HUD). This project allows St. Boniface Gardens to offer living spaces to those in need, aiding in their pursuit of a comfortable and secure living environment.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Stars)

St Boniface Gardens Inc has received an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial management. The overall score is based entirely on the Accountability & Finance beacon, where the organization scored 94%. This rating signifies that St Boniface Gardens is effectively managing its resources and is committed to transparency and ethical practices.

The organization boasts a fully independent board with 12 members, demonstrating a strong governance structure. It has scored full points for its conflict of interest and whistleblower policies, ensuring that it operates with integrity. Additionally, St Boniface Gardens maintains a low liabilities to assets ratio of 1.43%, indicating strong financial health.

However, while the organization excels in accountability and financial practices, further insights into its programmatic impact and community engagement would provide a more comprehensive understanding of its effectiveness. Overall, St Boniface Gardens Inc showcases a solid commitment to responsible stewardship of resources.


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

Is St Boniface Gardens Inc legitimate?

St Boniface Gardens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Boniface 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: $205,007

For more financial information, click here

What is the mission statement of St Boniface Gardens Inc?

St. Boniface Gardens Inc. is dedicated to providing housing solutions for the elderly and handicapped individuals living in low income circumstances. This is accomplished through a project funded by the United States Department of Housing and Urban Development (HUD), which enables the organization to offer rental units. The mission of St. Boniface Gardens Inc. is to offer a secure and supportive living environment that caters to the needs of this specific population, thereby enhancing their quality of life.

Who is the CEO of St Boniface Gardens Inc?

Rev Macros Somarriba is the Principal Officer of St Boniface Gardens Inc.

What is the revenue of St Boniface Gardens Inc?

St Boniface Gardens Inc's revenue in 2023 was $1,013,716.

Who are the executives of St Boniface Gardens Inc and what are their salaries?

The average compensation at St Boniface Gardens Inc during 2023 was $41,001. There are 5 employees and 6 volunteers at St Boniface Gardens Inc.


Here are 12 key members and their salaries:


Rev Marcos Somarriba (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Fernando Orejuela (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Eduardo Logiste Felix (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Juan J Sosa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Samuel Muodiaju (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Fenly Saint Jean (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Msgr Michael Souckar (Vice Pres./Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Christopher Marino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Lucien Pierre (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Jesus Ferras (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Damian Flanagan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Msgr Roberto Garza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Boniface Gardens Inc?

St Boniface Gardens Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of St Boniface Gardens Inc

St. Boniface Gardens Inc is dedicated to providing low-income housing opportunities for the elderly and handicapped individuals. This nonprofit organization achieves this mission through a project backed by the US Department of Housing and Urban Development (HUD). By offering rental units, St. Boniface Gardens Inc plays a crucial role in ensuring that these vulnerable groups have a secure place to live. The organization's commitment to supporting elderly and handicapped individuals contributes to a more inclusive and equitable society, where everyone, regardless of their financial situation or physical abilities, has access to decent housing.

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Impact




July, 2024

St. Boniface Gardens Inc provides crucial support to low-income elderly and handicapped individuals by offering affordable housing through a rental unit project supported by the US Department of Housing and Urban Development (HUD). Located in Lauderdale Lakes, Florida, this organization plays a vital role in ensuring that vulnerable populations have access to safe and stable housing options. By addressing the pressing need for affordable housing for seniors and disabled individuals, St. Boniface Gardens Inc positively impacts the lives of its residents by promoting a sense of security, dignity, and community within a supportive living environment.




This information is meant to be a general summary of St Boniface 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.

Revenue
$1,013,716 (2023)
Expenses
$1,153,795 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $16,641
  • Program Service Revenue: $997,022
  • Gross Receipts: $1,013,716

Assets and Liabilities:

  • Total Assets: $5,329,470
  • Total Liabilities: $76,673
  • Net Assets: $5,252,797

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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

$706,219

RENTAL INCOME, NET

Revenue

$285,732

COIN LAUNDRY AND VENDI

Revenue

$5,071

Organization Details

Founding Year

2003

Principal Officer

Rev Macros Somarriba

Main Address

4790 N STATE ROAD 7, LAUDERDALE LAKES, FL, 33319

NTEE Category

Code: L21 - Housing

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