Overview
What is Mcnealy Housing Corporation?
Mcnealy Housing Corporation is a nonprofit organization located in Oceanside, California, specifically at 251 Airport Road. Their primary mission is to offer housing solutions for six adults who have developmental disabilities. The corporation is dedicated to providing a supportive living environment that caters to their unique needs. The organization focuses on ensuring the well-being and independence of these individuals, fostering a sense of community and enabling them to lead fulfilling lives.
Official website here: www.teriinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating
Mcnealy Housing Corporation has earned a strong rating of 90% from Charity Navigator, indicating a high level of accountability and financial health. The organization received a perfect score in several key areas, including the independence of its board members and the absence of material diversion of assets, which reflects its commitment to transparency and responsible governance.
The organization's financial management appears robust, with a program expense ratio of 94.65%, suggesting that a significant majority of its expenses directly support its programs. Additionally, the presence of comprehensive policies, including conflict of interest and whistleblower protections, further enhances its credibility and operational integrity.
While the charity demonstrates strong performance in financial matters and governance, continuing to maintain these standards will be essential for sustaining donor trust and support. Overall, Mcnealy Housing Corporation is positioned well within the nonprofit sector as a responsible steward of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Mcnealy Housing Corporation legitimate?
Mcnealy Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcnealy 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: $0
For more financial information, click here
Official website here: www.teriinc.org
What is the mission statement of Mcnealy Housing Corporation?
Mcnealy Housing Corporation is committed to serving six adults with developmental disabilities by providing them with suitable housing. Their primary objective is to ensure a comfortable living environment for these individuals, thereby enhancing their quality of life. The corporation's mission is centered around providing housing as a fundamental necessity, aiming to support these adults in leading fulfilling lives with dignity and independence. Their efforts are geared towards creating a supportive community where these individuals can thrive and reach their full potential.
Official website here: www.teriinc.org
Who is the CEO of Mcnealy Housing Corporation?
Cheryl Kilmer is the President of Mcnealy Housing Corporation.
Official website here: www.teriinc.org
What is the revenue of Mcnealy Housing Corporation?
Mcnealy Housing Corporation's revenue in 2023 was $110,121.
Official website here: www.teriinc.org
Who are the executives of Mcnealy Housing Corporation and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $202,338
- Other: $0
- Compensation: $0
- Related: $129,758
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.teriinc.org
Where can I find the form 990 for Mcnealy Housing Corporation?
Mcnealy Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.teriinc.org
Learn more at the official website: www.teriinc.org
Mission Statement of Mcnealy Housing Corporation
McNealy Housing Corporation is committed to providing housing solutions for six developmentally disabled adults. This nonprofit organization's mission is centered around offering a safe and supportive living environment for individuals who require special care due to their developmental disabilities. The corporation's primary activity is focused on ensuring that these adults have a place to call home, where they can live with dignity and receive the assistance they need to lead fulfilling lives. By providing housing, McNealy Housing Corporation aims to contribute to the overall well-being and independence of these individuals, helping them to integrate into society and lead as normal a life as possible.
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Impact
October, 2024
Mcnealy Housing Corporation significantly impacts the community by providing essential housing for six developmentally disabled adults in Oceanside, California. By offering a safe and supportive living environment, the organization plays a vital role in enhancing the quality of life for these individuals. The provision of suitable housing fosters independence, social inclusion, and stability, allowing residents to thrive and engage meaningfully in their community. This initiative addresses a critical need for accessible housing options, ensuring that developmentally disabled adults have a place to call home and the opportunity to lead fulfilling lives.
This information is meant to be a general summary of Mcnealy 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 2023.
- Investment Income: $1
- Program Service Revenue: $504
- Gross Receipts: $110,121
Assets and Liabilities:
- Total Assets: $462,426
- Total Liabilities: $83,776
- Net Assets: $378,650
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Participant Rent Receipts
Revenue
$504
Organization Details
Founding Year
2003
Phone
(760) 721-1706Principal Officer
Cheryl Kilmer
Main Address
251 Airport Road, Oceanside, CA, 92058
Website
www.teriinc.orgNTEE Category
Code: L20 - Housing
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