Overview
What is St Mary's Episcopal Retirement Homes Inc?
St. Mary's Episcopal Retirement Homes Inc, operating under the name Canterbury Apartments in Big Spring, Texas, is a nonprofit organization dedicated to providing affordable housing solutions. Specifically, they offer a 179-unit apartment complex catering to the elderly and individuals with disabilities. Their mission is to ensure that these vulnerable groups have access to suitable housing, thereby enhancing their living conditions in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
St Mary's Episcopal Retirement Homes Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial health. The organization's overall score is based entirely on its accountability and finance metrics, showcasing its commitment to transparency and responsible financial practices.
The charity demonstrated several strengths, including an entirely independent board and an impressive program expense ratio of 93.03%, indicating that a significant portion of its resources is directed towards its mission. The organization also scored full points for its conflict of interest policy and document retention practices, highlighting its dedication to ethical governance and operational integrity.
However, the organization faced a challenge with its liabilities to assets ratio, scoring 0 out of 15 points in this area. This may suggest potential financial concerns that could impact its sustainability in the long run. Nevertheless, the overall positive ratings in crucial categories indicate that St Mary's Episcopal Retirement Homes is generally well-managed and prioritizes the needs of its community.
This AI summary has been generated from information found on Charity Navigator.
Is St Mary's Episcopal Retirement Homes Inc legitimate?
St Mary's Episcopal Retirement Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Mary's Episcopal Retirement Homes 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: $403,468
For more financial information, click here
What is the mission statement of St Mary's Episcopal Retirement Homes Inc?
St. Mary's Episcopal Retirement Homes Inc. is committed to providing affordable housing for the elderly and handicapped. They accomplish this through the management of a 179-unit apartment complex, located elsewhere, ensuring that these individuals have access to suitable living accommodations. The organization's primary goal is to make housing more affordable for this specific population, providing them with a comfortable living environment. Their mission supports the needs of the elderly and handicapped, offering them a place to call home.
Who is the CEO of St Mary's Episcopal Retirement Homes Inc?
Don Stump is the Director of St Mary's Episcopal Retirement Homes Inc.
What is the revenue of St Mary's Episcopal Retirement Homes Inc?
St Mary's Episcopal Retirement Homes Inc's revenue in 2022 was $1,965,996.
Who are the executives of St Mary's Episcopal Retirement Homes Inc and what are their salaries?
Here are 13 key members and their salaries:
- 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
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for St Mary's Episcopal Retirement Homes Inc?
St Mary's Episcopal Retirement Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Mary's Episcopal Retirement Homes Inc
St. Mary's Episcopal Retirement Homes Inc is committed to providing affordable housing for the elderly and individuals with disabilities. This mission is carried out through the operation of a 179-unit apartment complex, situated in an unspecified location. The primary goal of this nonprofit organization is to offer a living space that is accessible and financially viable for the elderly and handicapped population, thereby ensuring their comfort and independence. By providing affordable housing, St. Mary's Episcopal Retirement Homes Inc aims to contribute positively to the lives of these individuals, enabling them to maintain their dignity and independence as they age. The organization's mission is a testament to its commitment to supporting vulnerable members of society, ensuring they have access to safe, comfortable, and affordable living arrangements.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
St Mary's Episcopal Retirement Homes Inc is making a significant impact by providing affordable housing for the elderly and handicapped in a 179-unit apartment complex located in Big Spring, Texas. This organization plays a crucial role in ensuring that this vulnerable population has access to safe and affordable housing options. By offering this essential support, St Mary's Episcopal Retirement Homes Inc is helping to improve the quality of life for seniors and disabled individuals in the Big Spring community.
This information is meant to be a general summary of St Mary's Episcopal Retirement Homes 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: $172
- Program Service Revenue: $1,965,824
- Gross Receipts: $1,965,996
Assets and Liabilities:
- Total Assets: $4,142,391
- Total Liabilities: $4,100,035
- Net Assets: $42,356
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL OF HSG TO ELDERLY
Revenue
$1,965,824
Organization Details
Founding Year
1976
Phone
(432) 263-1265Principal Officer
Don Stump
Main Address
1700 S LANCASTER, BIG SPRING, TX, 79720
NTEE Category
Code: L22 - Housing
If you are a representative of St Mary's Episcopal Retirement Homes Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.