Overview
What is Morse Elderly Housing Corporation?
Morse Elderly Housing Corporation is a nonprofit organization situated in Plantation, Florida. With a primary focus on low-income housing, they cater specifically to the elderly and individuals with disabilities. This mission is overseen and supported by the Department of Housing and Urban Development. The corporation operates under the name Morse Manor and employs a modest workforce of three individuals. By providing housing options, they contribute to enhancing the living conditions and independence of this vulnerable population.
Official website here: www.ehdoc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64%, Two-Star out of Four Star rating.
Morse Elderly Housing Corporation has received a Two-Star rating, indicating that while it has some strengths, there are notable areas for improvement. The organization boasts a solid independent board structure, with 57% of its board members being independent and a low liabilities to assets ratio at 19.77%. Additionally, it is commendable that the charity has no material diversion of assets and meets transparency criteria by listing its website on tax forms and maintaining board meeting minutes.
However, there are significant weaknesses that detract from its overall score. The organization lacks essential policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are critical for enhancing accountability and transparency. Furthermore, the program expense ratio is concerning at 60.63%, suggesting that a substantial portion of funds may not be allocated directly to program services. This points to a need for the organization to bolster its operational practices and governance to improve its rating and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Morse Elderly Housing Corporation legitimate?
Morse Elderly Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morse Elderly Housing Corporation 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: $47,996
For more financial information, click here
Official website here: www.ehdoc.org
What is the mission statement of Morse Elderly Housing Corporation?
The Morse Elderly Housing Corporation is dedicated to providing low-income housing for the elderly and handicapped. This mission is overseen and supported by the Department of Housing and Urban Development. The corporation's primary objective is to offer a living space for those in need, ensuring their comfort and wellbeing within this regulated environment. The corporation's operations aim to provide a sense of community and security, ensuring that its residents have access to necessary support services.
Official website here: www.ehdoc.org
What is the revenue of Morse Elderly Housing Corporation?
Morse Elderly Housing Corporation's revenue in 2024 was $191,793.
Official website here: www.ehdoc.org
Who are the executives of Morse Elderly Housing Corporation and what are their salaries?
The average compensation at Morse Elderly Housing Corporation during 2024 was $11,999. There are 4 employees at Morse Elderly Housing Corporation.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $424,921
- Other: $72,591
- Compensation: $0
- Related: $26,541
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ehdoc.org
Where can I find the form 990 for Morse Elderly Housing Corporation?
Morse Elderly Housing Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ehdoc.org
Learn more at the official website: www.ehdoc.org
Mission Statement of Morse Elderly Housing Corporation
Morse Elderly Housing Corporation is dedicated to providing low-income housing for the elderly and individuals with disabilities. This nonprofit organization operates under the regulation and assistance of the Department of Housing and Urban Development. Their mission is centered around offering a living environment for this particular demographic, ensuring they have a safe and comfortable place to call home. The corporation's operations aim to cater to the specific needs of this population, providing them with the necessary support and care they require.
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Impact
October, 2024
Morse Elderly Housing Corporation significantly enhances the quality of life for elderly and handicapped individuals by providing safe, affordable housing options. By operating low-income housing regulated and assisted by the Department of Housing and Urban Development, it addresses critical needs in the community, allowing seniors to live independently while maintaining dignity and comfort. This organization plays a crucial role in combating housing insecurity, ensuring that vulnerable populations in Plantation, FL, have access to essential resources and a supportive living environment. Its impact extends beyond housing, fostering a sense of community and belonging among residents, which is vital for their emotional and social well-being.
This information is meant to be a general summary of Morse Elderly Housing Corporation. 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 2024.
- Investment Income: $2,330
- Program Service Revenue: $188,683
- Gross Receipts: $191,793
Assets and Liabilities:
- Total Assets: $674,688
- Total Liabilities: $113,604
- Net Assets: $561,084
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYMENTS
Revenue
$124,519
TENANT RENT
Revenue
$64,164
Organization Details
Founding Year
1996
Principal Officer
Melanie Ribeiro
Website
www.ehdoc.orgNTEE Category
Code: L22Z - Housing
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