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The Aldersgate Housing Ministry Of Oklahoma City Inc

Strawberry Fields Apartments

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

EIN: 731265922 ✦ Grapevine, TX ✦ Designated as a 501(c)(3)

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Overview

What is The Aldersgate Housing Ministry Of Oklahoma City Inc?

The Aldersgate Housing Ministry of Oklahoma City Inc, also known as Strawberry Fields Apartments, is a nonprofit organization situated at 920 S Main Street APT 200, Grapevine, Texas 76051. Their primary mission is to offer housing facilities and related services to the elderly and handicapped individuals, in adherence to the National Housing Act. Their goal is to provide a supportive living environment for these individuals, ensuring their well-being and independence. The organization's activities are aligned with this mission, making it an essential resource for the elderly and handicapped community in Oklahoma City.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79%, Three-Star out of Four Star Rating

The Aldersgate Housing Ministry of Oklahoma City Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in Accountability & Finance. With an overall score of 79%, the organization demonstrates a strong commitment to financial responsibility, as indicated by its high program expense ratio of 96.08%. This suggests that a significant portion of its funds is allocated directly to its programs rather than administrative costs.

The organization benefits from a governance structure that includes a majority independent board, showcasing transparency and a commitment to ethical oversight. It has received full points in key areas such as having an audit and oversight committee, a conflict of interest policy, and a whistleblower policy, all of which contribute to its strong accountability practices.

Despite its strengths, the rating is solely based on the Accountability & Finance beacon, meaning that other potential areas of performance, such as impact and outcomes, are not evaluated. This may limit a comprehensive understanding of the organization's overall effectiveness and reach in the community.


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

Is The Aldersgate Housing Ministry Of Oklahoma City Inc legitimate?

The Aldersgate Housing Ministry Of Oklahoma City Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Aldersgate Housing Ministry Of Oklahoma City 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: $101,919

For more financial information, click here

What is the mission statement of The Aldersgate Housing Ministry Of Oklahoma City Inc?

The Aldersgate Housing Ministry Of Oklahoma City Inc's mission is centered around providing housing facilities and related services to the elderly and handicapped individuals. This mission is in alignment with the National Housing Act. The organization's goal is to enhance the living conditions and support the needs of these vulnerable groups, ensuring they have access to suitable housing solutions. The ministry's activities under this mission aim to improve the quality of life for the elderly and handicapped, providing them with the necessary care and assistance they require.

Who is the CEO of The Aldersgate Housing Ministry Of Oklahoma City Inc?

Stewart Grounds is the Principal Officer of The Aldersgate Housing Ministry Of Oklahoma City Inc.

What is the revenue of The Aldersgate Housing Ministry Of Oklahoma City Inc?

The Aldersgate Housing Ministry Of Oklahoma City Inc's revenue in 2022 was $526,980.

Who are the executives of The Aldersgate Housing Ministry Of Oklahoma City Inc and what are their salaries?


Here are 11 key members and their salaries:


Leslie Soulen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Michael Burkett (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Purifoy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Hinds (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Aaron Tiger (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Nix (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoff White (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Gooch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Fogle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert T Jennings (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Radeka (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Aldersgate Housing Ministry Of Oklahoma City Inc?

The Aldersgate Housing Ministry Of Oklahoma City Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Aldersgate Housing Ministry Of Oklahoma City Inc

The Aldersgate Housing Ministry of Oklahoma City is committed to providing housing facilities and related services to the elderly and handicapped individuals. In line with the National Housing Act, this nonprofit organization plays a significant role in ensuring that these vulnerable groups have access to suitable living arrangements and necessary support services. By adhering to this mission, The Aldersgate Housing Ministry of Oklahoma City contributes to enhancing the quality of life for the elderly and handicapped population, offering them a sense of security and independence within their homes.

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Impact




July, 2024

The Aldersgate Housing Ministry of Oklahoma City Inc has a significant impact on the community by providing essential housing facilities and services to elderly and handicapped individuals. Through their work under the National Housing Act, they ensure that vulnerable populations have access to safe and affordable housing options. The organization's mission is focused on meeting the specific needs of these individuals and helping them maintain a high quality of life. Their efforts contribute to the well-being and stability of the community as a whole.




This information is meant to be a general summary of The Aldersgate Housing Ministry Of Oklahoma City 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
$526,980 (2022)
Expenses
$590,056 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $243
  • Program Service Revenue: $522,197
  • Gross Receipts: $526,980

Assets and Liabilities:

  • Total Assets: $1,123,623
  • Total Liabilities: $1,788,331
  • Net Assets: -$664,708

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Programs

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

Tenant Rents

Revenue

$192,243

Section 8 rental assistance payments

Revenue

$329,954

Organization Details

Founding Year

1975

Principal Officer

Stewart Grounds

Main Address

920 S Main Street APT 200, Grapevine, TX, 76051

NTEE Category

Code: L21Z - Housing

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