Overview
What is Mother Teresa House Inc?
Mother Teresa House Inc, situated in Wilmington, Delaware, is a nonprofit organization that offers housing facilities and services for six low-income individuals living with HIV/AIDS who do not require skilled nursing care. The organization also accommodates one onsite resident manager. The Mother Teresa House Group Home is designed to cater to the physical, social, and psychological needs of its residents, promoting their health, security, and happiness. The services provided are offered on a non-profit, non-stock basis, and the charges are based on the provision, maintenance, and operation of the facilities. The primary mission of Mother Teresa House Inc is to provide physically disabled, low-income individuals affected by HIV/AIDS with housing facilities and services tailored to their unique needs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
Mother Teresa House Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 79% based solely on its Accountability & Finance metrics. This rating indicates a moderate level of financial health and transparency within the organization, assessed during its most recent fiscal year, FY2023. The charity excels particularly in governance practices, as evidenced by its perfect score of 10 out of 10 for having a fully independent board.
The performance highlights include a strong commitment to accountability, with no material diversion of assets reported and comprehensive policies in place such as conflict of interest and whistleblower protections. Additionally, the organization demonstrates a high program expense ratio of 86.80%, meaning that a significant portion of its expenditures directly supports its programs rather than administrative costs.
Despite its strengths, the overall score indicates that there may be areas for improvement. Future evaluations could benefit from a broader set of metrics, as the current score is derived solely from financial accountability, which may not fully capture the organization's impact or service effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Mother Teresa House Inc legitimate?
Mother Teresa House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mother Teresa House 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: $3,256
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,719
For more financial information, click here
What is the mission statement of Mother Teresa House Inc?
Mother Teresa House Inc is an organization dedicated to providing housing facilities and services for physically disabled individuals living with HIV/AIDS who have low income. The mission of this organization is to cater to their physical, social, and psychological needs, promoting their health, security, and happiness. The charges for these facilities and services are managed on a non-profit, non-stock basis. Mother Teresa House Inc is specifically designed to meet the unique needs of its residents, offering a supportive environment that fosters their well-being. The organization's goal is to ensure that these individuals have access to adequate housing and care, enabling them to live with dignity and improving their overall quality of life.
Who is the CEO of Mother Teresa House Inc?
Brother Ronald Giannone is the Treasurer of Mother Teresa House Inc.
What is the revenue of Mother Teresa House Inc?
Mother Teresa House Inc's revenue in 2022 was $82,721.
Who are the executives of Mother Teresa House Inc and what are their salaries?
The average compensation at Mother Teresa House Inc during 2022 was $6,488. There are 2 employees at Mother Teresa House Inc.
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- Compensation: $3,256
- Related: $129,679
- Other: $12,436
Where can I find the form 990 for Mother Teresa House Inc?
Mother Teresa House Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mother Teresa House Inc
Mother Teresa House Inc is an organization committed to providing housing facilities and services for individuals who are physically disabled due to HIV/AIDS and have low income. The mission of this nonprofit is to create a living space that caters to the physical, social, and psychological needs of its residents, aiming to promote their health, security, and overall happiness. Mother Teresa House Inc is designed to offer a nurturing environment that goes beyond the basic necessities, ensuring the well-being and happiness of its six low-income residents living with HIV/AIDS. The organization operates on a non-profit, non-stock basis, with charges for its services predicated upon the provision, maintenance, and operation of the facilities.
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Impact
October, 2024
Mother Teresa House Inc has significantly improved the lives of low-income individuals living with HIV/AIDS by providing essential housing and support services. Located in Wilmington, Delaware, the facility accommodates six residents who do not require skilled nursing, offering them a safe and comfortable living environment specifically designed to address their unique physical, social, and psychological needs.
By creating a supportive community, Mother Teresa House fosters health, security, and happiness among its residents. The facility not only provides housing but also promotes a sense of belonging and dignity, allowing individuals to thrive despite their challenges. With dedicated services and an onsite resident manager, the House ensures that each person receives the care and attention they deserve, helping them maintain their independence while building a foundation for improved quality of life.
Through its mission, Mother Teresa House Inc plays a crucial role in addressing the housing needs of a vulnerable population, making a lasting impact on the community and contributing to the overall well-being of those it serves.
This information is meant to be a general summary of Mother Teresa House 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: $10
- Program Service Revenue: $82,386
- Gross Receipts: $82,721
Assets and Liabilities:
- Total Assets: $892,167
- Total Liabilities: $886,165
- Net Assets: $6,002
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD SUBSIDIZED RENTS
Revenue
$57,706
TENANT RENT & FEES
Revenue
$24,680
Organization Details
Founding Year
2009
Phone
(302) 652-5523Principal Officer
Brother Ronald Giannone
Main Address
115 E 14TH STREET, WILMINGTON, DE, 19801
NTEE Category
Code: L21 - Housing
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