Overview
What is The Marin Aging & Disability Institute Llc?
The Marin Aging & Disability Institute Llc, situated in San Rafael, California, serves as a nonprofit organization dedicated to supporting public agencies, community-focused organizations, and nonprofits. Established in 2018, its primary purpose is to manage and lease a commercial property located at 70 Skyview Terrace, offering office and program space. The organization's mission is to provide a conducive environment for nonprofits that focus on various public benefits, such as aging, disability, health, education, housing, and human services. By offering stable, affordable, safe, and comfortable spaces, The Marin Aging & Disability Institute Llc aims to enhance the activities and programs of other charitable organizations, thereby contributing to the wider community.
Official website here: www.marincil.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The Marin Aging & Disability Institute LLC has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization’s overall score is based entirely on its accountability and finance metrics, which stand at 96%. This high score indicates effective financial management and a commitment to transparency, crucial for donor trust and engagement.
Strengths of the organization include a fully independent board, with all members meeting the criteria for independence. Additionally, the organization has received full points for its financial oversight measures, including an audit and oversight committee, and it has no material diversion of assets. The high program expense ratio of 90.27% shows that a significant majority of its expenditures are directed towards fulfilling its mission, rather than administrative costs.
While the ratings reflect strong accountability practices, the focus on financial metrics may not provide a complete picture of the organization’s overall impact or effectiveness in serving its community. Nonetheless, the Marin Aging & Disability Institute LLC demonstrates a robust commitment to governance and responsible financial stewardship, making it a trustworthy recipient of donor support.
This AI summary has been generated from information found on Charity Navigator.
Is The Marin Aging & Disability Institute Llc legitimate?
The Marin Aging & Disability Institute Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Marin Aging & Disability Institute Llc 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: $24,962
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,315
For more financial information, click here
Official website here: www.marincil.org
What is the mission statement of The Marin Aging & Disability Institute Llc?
The Marin Aging & Disability Institute Llc's mission is centered around managing and leasing property to accommodate public agencies, community-focused organizations, and nonprofits that offer services beneficial to the public, particularly in areas such as aging, disability, health, education, housing, and human services. The institute aims to support these organizations by providing them with stable, affordable, and safe office and program space. Furthermore, MADI complements the activities of charitable organizations, enhancing their capacity to serve the community effectively.
Official website here: www.marincil.org
Who is the CEO of The Marin Aging & Disability Institute Llc?
Paul Castro is the President of The Marin Aging & Disability Institute Llc. The CEO's salary of The Marin Aging & Disability Institute Llc is $24,962 and their total compensation is $24,962.
Official website here: www.marincil.org
What is the revenue of The Marin Aging & Disability Institute Llc?
The Marin Aging & Disability Institute Llc's revenue in 2023 was $531,733.
Official website here: www.marincil.org
Who are the executives of The Marin Aging & Disability Institute Llc and what are their salaries?
The average compensation at The Marin Aging & Disability Institute Llc during 2023 was $20,638. There are 2 employees and 6 volunteers at The Marin Aging & Disability Institute Llc.
Here are 7 key members and their salaries (The Marin Aging & Disability Institute Llc's CEO's salary is $24,962 and their total compensation is $24,962):
- Compensation: $24,962
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.marincil.org
Where can I find the form 990 for The Marin Aging & Disability Institute Llc?
The Marin Aging & Disability Institute Llc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.marincil.org
Learn more at the official website: www.marincil.org
Mission Statement of The Marin Aging & Disability Institute Llc
The Marin Aging & Disability Institute LLC, a nonprofit organization, is committed to managing, operating, and leasing real estate property to provide a home for public agencies, community-focused organizations, and nonprofits that offer services benefiting the public, particularly in the areas of aging, disability, health, education, housing, and human services. The institute's mission extends beyond simply leasing property; it also aims to complement the programs and activities of these organizations, ensuring they have stable, affordable, safe, and comfortable office and program space. By doing so, The Marin Aging & Disability Institute LLC contributes to the larger mission of these organizations, which are dedicated to improving the lives of those in need and fostering a community that supports various sectors of public welfare.
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Impact
July, 2024
The Marin Aging & Disability Institute LLC, also known as MADI, has a significant impact on the community by providing a centralized location for public agencies, community-focused organizations, and nonprofit organizations to offer valuable services to the public. By managing and leasing the real estate property at 70 Skyview Terrace in San Rafael, MADI facilitates the provision of essential services in areas such as aging, disability, health, education, housing, and human services.
Through its role in providing stable, affordable, safe, and comfortable office and program space, MADI supports the work of nonprofit organizations dedicated to serving those in need. By creating a collaborative environment where various organizations can come together to address important societal issues, MADI contributes to the overall well-being of the community in San Rafael and beyond.
This information is meant to be a general summary of The Marin Aging & Disability Institute Llc. 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.
- Program Service Revenue: $289,564
- Gross Receipts: $531,733
Assets and Liabilities:
- Total Assets: $2,811,551
- Total Liabilities: $622,858
- Net Assets: $2,188,693
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program revenues
Revenue
$289,564
Organization Details
Founding Year
2018
Phone
(415) 446-4220Principal Officer
Paul Castro
Main Address
70 Skyview Terrace, San Rafael, CA, 94903
Website
www.marincil.orgNTEE Category
Code: L22 - Housing
If you are a representative of The Marin Aging & Disability Institute Llc 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.