Overview
What is Sabin Group I?
Sabin Group I is a nonprofit organization situated in Denver, Colorado, specifically at 4141 East Dickenson Place. Their primary mission is to provide affordable housing for individuals with behavioral health needs, offering a mix of 19 one-bedroom and 1 two-bedroom units. Their goal is to enrich lives and improve mental well-being by focusing on the strengths of their residents, offering quality, affordable, and supportive housing. The nonprofit aims to cater to the housing needs of Denver's residents who struggle with behavioral health challenges.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72% (Two-Star out of Four Star rating)
The Sabin Group I has received a Two-Star rating from Charity Navigator, indicating that while the organization shows some strengths, there is room for improvement in certain areas. The charity's accountability and finance score stands at 72%, reflecting a solid commitment to transparency and governance. Notably, 62% of board members are independent, and the organization has established policies for conflict of interest and whistleblower protection.
One of the key strengths of the Sabin Group I is its program expense ratio, which is an impressive 88.91%. This suggests that a significant portion of its expenditures is directed towards its programs rather than administrative costs. Additionally, the organization has demonstrated good practices by documenting board meeting minutes and reporting no material diversion of assets.
However, the organization faces a challenge with a liabilities to assets ratio of 122.99%, which suggests that liabilities exceed assets. This may raise concerns about financial stability and sustainability moving forward. Overall, while the Sabin Group I has several commendable practices in place, addressing its financial health could enhance its overall rating and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Sabin Group I legitimate?
Sabin Group I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sabin Group I 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: $8,979
For more financial information, click here
What is the mission statement of Sabin Group I?
Sabin Group I's mission is centered around enriching lives and promoting mental well-being. They achieve this by focusing on the strengths of individuals with behavioral health needs. Through the development and operation of quality, affordable, and supportive housing, they aim to provide a home for Denver residents who require behavioral health assistance. Their primary activity involves operating an affordable housing apartment building, offering 19 one-bedroom units and one two-bedroom unit, catering to low-income individuals with disabilities who have behavioral health needs.
Who is the CEO of Sabin Group I?
Carl Clark is the Board President & Ceo Of Mhcd of Sabin Group I. The CEO's salary of Sabin Group I is $0 and their total compensation is $1,021,084.
What is the revenue of Sabin Group I?
Sabin Group I's revenue in 2022 was $151,304.
Who are the executives of Sabin Group I and what are their salaries?
There 10 volunteers at Sabin Group I.
Here are 10 key members and their salaries (Sabin Group I's CEO's salary is $0 and their total compensation is $1,021,084):
- Compensation: $0
- Related: $1,001,793
- Other: $19,291
- Compensation: $0
- Related: $482,371
- Other: $23,397
- Compensation: $0
- Related: $450,006
- Other: $33,902
- 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
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sabin Group I?
Sabin Group I's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sabin Group I
Sabin Group I, a nonprofit organization, is committed to enriching lives and fostering mental well-being. They achieve this goal by developing and managing affordable housing specifically designed for individuals with behavioral health needs. The organization's mission is centered around recognizing and focusing on the strengths of these individuals, providing them with quality housing that supports their overall well-being. Sabin Group I operates in Denver, offering a residential building with a variety of units. This includes 19 one-bedroom apartments and one two-bedroom unit, all of which are designed to be affordable for individuals with disabilities who require behavioral health support. The organization's focus on affordable housing aims to provide a safe and supportive living environment for those in need, thereby contributing to their overall well-being and quality of life.
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Impact
October, 2024
Sabin Group I has a significant impact on the community by providing quality, affordable housing specifically designed for individuals with behavioral health needs. The organization operates a housing apartment building in Denver that consists of 19 one-bedroom units and one two-bedroom unit, offering low-income housing options for disabled residents facing challenges related to their mental health.
By focusing on the strengths and well-being of these individuals, Sabin Group I enriches lives and fosters a supportive living environment. The availability of affordable housing not only addresses a critical need for stable living situations but also promotes independence and enhances the quality of life for its residents. Overall, Sabin Group I plays a vital role in ensuring that individuals with behavioral health needs have access to safe and supportive housing, contributing positively to the broader Denver community.
This information is meant to be a general summary of Sabin Group I. 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: $7
- Program Service Revenue: $151,297
- Gross Receipts: $151,304
Assets and Liabilities:
- Total Assets: $413,162
- Total Liabilities: $413,708
- Net Assets: -$546
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Housing Rent
Revenue
$54,590
HUD Housing/Rental
Revenue
$96,707
Organization Details
Founding Year
1991
Phone
(303) 504-6500Principal Officer
Carl Clark
Main Address
4141 EAST DICKENSON PLACE, DENVER, CO, 80222
NTEE Category
Code: L20Z - Housing
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