Overview
What is Tarrant County B'Nai B'Rith Womens Senior Citizens Housing?
Tarrant County B'Nai B'Rith Women's Senior Citizens Housing is a nonprofit organization situated in Dallas, Texas. With a mission to provide housing and necessary services for the elderly and handicapped individuals, they own and manage a 60-unit apartment building named Mollie and Max Barnett Apartments, located in Fort Worth, Texas. This project operates under a regulatory agreement with HUD, and the tenants receive rental assistance through Section 8. The organization aims to offer a comfortable living space and support services to its residents on a non-profit basis.
Official website here: www.molliemax-bnaibrithapartments.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars
Tarrant County B'Nai B'Rith Womens Senior Citizens Housing has received a two-star rating with an overall score of 69%. This rating indicates that while the organization has some strengths in accountability and finance, such as maintaining a fully independent board and a high program expense ratio of 90.18%, there are significant areas needing improvement. The financial statements are audited, showing a commitment to transparency in that aspect.
However, the organization faces criticism for lacking essential policies including a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which are crucial for maintaining governance standards. Additionally, the liabilities to assets ratio stands at 141.05%, indicating potential financial vulnerabilities that could impact sustainability. The absence of posted tax forms on their website also detracts from their transparency.
Overall, while Tarrant County B'Nai B'Rith Womens Senior Citizens Housing demonstrates a strong focus on program spending and governance through independent board members, they must address their policy deficiencies and financial ratios to enhance their rating and ensure long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is Tarrant County B'Nai B'Rith Womens Senior Citizens Housing legitimate?
Tarrant County B'Nai B'Rith Womens Senior Citizens Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tarrant County B'Nai B'Rith Womens Senior Citizens Housing 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: $102,863
For more financial information, click here
Official website here: www.molliemax-bnaibrithapartments.com
What is the mission statement of Tarrant County B'Nai B'Rith Womens Senior Citizens Housing?
Tarrant County B'Nai B'Rith Women's Senior Citizens Housing was established with a mission to provide housing and necessary services for elderly and handicapped individuals on a non-profit basis. They own a 60-unit apartment building, located under a regulatory agreement with the HUD, where tenants receive rental assistance under Section 8. The organization's goal is to ensure that these vulnerable populations have access to secure and affordable housing, thereby improving their overall quality of life.
Official website here: www.molliemax-bnaibrithapartments.com
Who is the CEO of Tarrant County B'Nai B'Rith Womens Senior Citizens Housing?
Dan Sturman is the President of Tarrant County B'Nai B'Rith Womens Senior Citizens Housing.
Official website here: www.molliemax-bnaibrithapartments.com
What is the revenue of Tarrant County B'Nai B'Rith Womens Senior Citizens Housing?
Tarrant County B'Nai B'Rith Womens Senior Citizens Housing's revenue in 2022 was $652,726.
Official website here: www.molliemax-bnaibrithapartments.com
Who are the executives of Tarrant County B'Nai B'Rith Womens Senior Citizens Housing and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.molliemax-bnaibrithapartments.com
Where can I find the form 990 for Tarrant County B'Nai B'Rith Womens Senior Citizens Housing?
Tarrant County B'Nai B'Rith Womens Senior Citizens Housing's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.molliemax-bnaibrithapartments.com
Learn more at the official website: www.molliemax-bnaibrithapartments.com
Mission Statement of Tarrant County B'Nai B'Rith Womens Senior Citizens Housing
Tarrant County B'Nai B'Rith Women's Senior Citizens Housing was established with a mission to provide housing and essential services for elderly and handicapped individuals on a non-profit basis. This organization, often referred to as "The Project," owns and operates a 60-unit apartment building, located in a yet undisclosed location. The residents living in this building receive rental assistance under Section 8, as the building is under a regulatory agreement with the HUD. The primary goal of this non-profit organization is to ensure that elderly and handicapped individuals have access to secure and affordable housing, thereby improving their quality of life.
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Impact
July, 2024
Tarrant County B'Nai B'Rith Womens Senior Citizens Housing, through the Mollie & Max Barnett Apartments, provides vital housing and services for elderly and handicapped individuals in Fort Worth, Texas. By owning a 60-unit apartment building under agreement with HUD, the organization ensures that tenants receive rental assistance under Section 8. This impact directly addresses the critical need for affordable and supportive housing for vulnerable populations, enhancing the quality of life for senior citizens and individuals with disabilities in the community.
This information is meant to be a general summary of Tarrant County B'Nai B'Rith Womens Senior Citizens Housing. 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: $384
- Program Service Revenue: $186,282
- Gross Receipts: $652,726
Assets and Liabilities:
- Total Assets: $1,908,113
- Total Liabilities: $2,660,395
- Net Assets: -$752,282
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$237,900
SPECIAL CLAIMS
Revenue
$8,410
VACANCY LOSS
Revenue
-$60,028
Organization Details
Founding Year
1983
Phone
(214) 368-4030Principal Officer
Dan Sturman
Main Address
12700 PARK CENTRAL DRIVE SUITE 600, DALLAS, TX, 75251
NTEE Category
Code: L21 - Housing
If you are a representative of Tarrant County B'Nai B'Rith Womens Senior Citizens Housing 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.