Overview
What is Immanuel Affordable Ii Inc?
Immanuel Affordable II Inc is a nonprofit organization situated in Omaha, Nebraska, specifically at 1044 N 115TH STREET 500. Their primary mission is to provide affordable housing and assisted living services for the elderly and disabled. They manage a facility equipped with 60 apartments, dedicated to catering to this specific demographic. The organization's ethos is rooted in a strong commitment to providing Christ-centered services, not only to its residents but also to the wider community.
Official website here: www.immanuel.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Immanuel Affordable II Inc has achieved an impressive 96% rating from Charity Navigator, reflecting its strong commitment to accountability and effective financial management. The charity has a well-structured governance system, as evidenced by having 100% independent board members and a robust array of policies in place. It has received perfect scores in several areas, such as financial statements and material diversion of assets, indicating a high level of integrity and transparency.
The organization's financial health is also notable, with a program expense ratio of 87.70%, signifying that a significant portion of its funding is allocated directly to its programs. This efficiency in spending highlights its focus on achieving its mission and serving the community effectively. Additionally, the low liabilities to assets ratio of 29.25% suggests a stable financial position, which is critical for long-term sustainability.
While the overall assessment is highly positive, no specific limitations or areas for improvement were mentioned in the data. This indicates that Immanuel Affordable II Inc is currently operating with a strong foundation and maintaining high standards in its operations and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Immanuel Affordable Ii Inc legitimate?
Immanuel Affordable Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Immanuel Affordable Ii 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: $1,174,779
For more financial information, click here
Official website here: www.immanuel.com
What is the mission statement of Immanuel Affordable Ii Inc?
Immanuel Affordable II Inc is committed to providing low-income housing for the elderly and disabled, serving as a beacon for Christ-centered service. Their mission extends beyond just housing, encompassing a dedication to assisting seniors and the community at large. The organization operates 60 apartment units, offering assisted living services to its residents.
Official website here: www.immanuel.com
Who is the CEO of Immanuel Affordable Ii Inc?
Scott Bear is the Chair of Immanuel Affordable Ii Inc.
Official website here: www.immanuel.com
What is the revenue of Immanuel Affordable Ii Inc?
Immanuel Affordable Ii Inc's revenue in 2022 was $2,124,705.
Official website here: www.immanuel.com
Who are the executives of Immanuel Affordable Ii Inc and what are their salaries?
There 6 volunteers at Immanuel Affordable Ii Inc.
Here are 15 key members and their salaries:
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- Related: $559,923
- Other: $254,402
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- Related: $289,387
- Other: $49,777
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- Related: $282,362
- Other: $41,321
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- Related: $279,411
- Other: $39,113
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- Related: $338,375
- Other: $24,475
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- Related: $220,510
- Other: $23,428
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- Related: $209,528
- Other: $25,870
- Compensation: $0
- Related: $194,530
- Other: $23,158
- Compensation: $0
- Related: $192,243
- Other: $24,553
Official website here: www.immanuel.com
Where can I find the form 990 for Immanuel Affordable Ii Inc?
Immanuel Affordable Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.immanuel.com
Learn more at the official website: www.immanuel.com
Mission Statement of Immanuel Affordable Ii Inc
Immanuel Affordable II Inc, a nonprofit organization, is dedicated to serving the elderly and disabled community by providing low-income housing. This mission is rooted in a Christ-centered approach, aiming to not only provide residential facilities but also extend care and support to its residents and the wider community. The organization operates with 60 apartments, offering affordable and assisted living services, ensuring that seniors and individuals with disabilities have a safe and comfortable living environment. Immanuel Affordable II Inc's mission is to go beyond just housing, striving to uplift its residents and contribute positively to the community, reflecting its commitment to Christ-centered service.
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Impact
July, 2024
Immanuel Affordable II Inc's impact lies in providing low-income housing and assisted living services for the elderly and disabled in Omaha, NE. By offering 60 apartments and a Christ-centered approach to serving seniors, they are helping to meet the critical needs of these vulnerable populations. Their mission of providing affordable housing options and care services contributes positively to the well-being and quality of life for many elderly and disabled individuals in the community.
This information is meant to be a general summary of Immanuel Affordable Ii 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: $84
- Program Service Revenue: $2,000,115
- Gross Receipts: $2,124,705
Assets and Liabilities:
- Total Assets: $2,641,923
- Total Liabilities: $752,504
- Net Assets: $1,889,419
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID PAYMENTS
Revenue
$820,383
MONTHLY SERVICE FEES
Revenue
$705,711
RENT INCOME
Revenue
$437,513
TELEPHONE / CABLE
Revenue
$17,175
MEAL PROGRAM REVENUE
Revenue
$16,085
Organization Details
Founding Year
2001
Phone
(402) 829-2900Principal Officer
Scott Bear
Main Address
1044 N 115TH STREET 500, OMAHA, NE, 68154
Website
www.immanuel.comNTEE Category
Code: L21 - Housing
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