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St Margaret Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 821663961 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is St Margaret Inc?

St. Margaret Inc is a nonprofit organization situated in Dallas, Texas, with the primary mission of supporting vulnerable seniors and families by providing them with safe and affordable housing. They achieve this goal by holding cash and investments, which are subsequently utilized to advance their mission. Furthermore, they collaborate with various service organizations to enhance the living standards and improve the quality of life for the beneficiaries.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)

St. Margaret Inc has earned a respectable Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The overall score reflects a strong focus on financial practices, particularly with a perfect score in key areas such as independent board composition and audited financial statements. This demonstrates a commitment to transparency and sound governance.

The organization benefits from a fully independent board, with all seven members contributing to effective oversight. Additionally, St. Margaret Inc shows a high program expense ratio of 83.66%, suggesting that a significant portion of its funds are directed towards its programs rather than administrative costs. This is a positive sign for potential donors looking for impactful charities.

However, there are some limitations noted in their policies. While the charity has a conflict of interest policy in place, it lacks a whistleblower policy and has not established a document retention and destruction policy. These missing elements could be seen as areas for improvement in their governance practices. Overall, St. Margaret Inc shows a strong foundation but could enhance its accountability framework further.


This AI summary has been generated from information found on Charity Navigator.

Is St Margaret Inc legitimate?

St Margaret Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Margaret 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: $0

For more financial information, click here

What is the mission statement of St Margaret Inc?

St. Margaret Inc's mission is centered around supporting vulnerable seniors and families by providing them with safe and affordable housing. This organization aims to enhance their quality of life through collaborations with various service organizations. By holding cash and investments, St. Margaret Inc intends to utilize these resources to further its mission, ultimately contributing to the betterment of these individuals and their living conditions.

Who is the CEO of St Margaret Inc?

Sister Mary Anne Owens Ssnd is the President of St Margaret Inc.

What is the revenue of St Margaret Inc?

St Margaret Inc's revenue in 2022 was $545,377.

Who are the executives of St Margaret Inc and what are their salaries?


Here are 8 key members and their salaries:


Joseph W Dingman (Treasurer)
  • Compensation: $0
  • Related: $3,600
  • Other: $0
Sister Edyta Krawcyyk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Leininger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony S Levatino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Manoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister Mary Anne Owens Ssnd (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Zavitkovsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister Kathleen Bauer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Margaret Inc?

St Margaret Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of St Margaret Inc

St. Margaret Inc's mission revolves around holding cash and investments to further its primary objective. This objective is to provide safe and affordable housing for vulnerable seniors and families, aiming to enhance their quality of life. The organization accomplishes this by collaborating with various service organizations. By doing so, St. Margaret Inc seeks to create a supportive environment where these individuals can thrive and improve their living conditions. The mission of St. Margaret Inc is a testament to its commitment to the well-being of its community and its dedication to making a positive impact in the lives of those in need.

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Impact




July, 2024

St. Margaret Inc's impact lies in providing safe, affordable housing to vulnerable seniors and families, ultimately improving their quality of life through collaboration with service organizations. Through holding cash and investments for this purpose, St. Margaret Inc directly contributes to addressing the crucial need for secure housing options for underserved populations in Dallas, TX. The organization's dedication to supporting the community's most vulnerable members underscores its commitment to fostering stability and well-being for those in need.




This information is meant to be a general summary of St Margaret 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.

Revenue
$545,377 (2022)
Expenses
$45,757 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $19,388
  • Program Service Revenue: $525,989
  • Gross Receipts: $545,377

Assets and Liabilities:

  • Total Assets: $10,661,475
  • Total Liabilities: $0
  • Net Assets: $10,661,475

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DEVELOPER FEE (LOW INC. HSG)

Revenue

$525,989

Organization Details

Founding Year

2017

Principal Officer

Sister Mary Anne Owens Ssnd

Main Address

2920 FOREST LANE BOX 415, DALLAS, TX, 752345202

NTEE Category

Code: L20 - Housing

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