Overview
What is The Shire Inc?
The Shire Inc is a nonprofit organization based in Baltimore, Maryland, specifically at 3 Milford Mill Road. Their primary mission revolves around renovating and maintaining residential rental properties, specifically tailored for low-income adults with disabilities, in accordance with Section 811 of the National Affordable Housing Act. This commitment allows them to provide suitable housing options for this unique demographic, thereby enhancing their quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
The Shire Inc has achieved a Three-Star rating on Charity Navigator, reflecting a strong focus on accountability and finance. The charity scored 79%, primarily based on its exemplary practices in governance, including having an entirely independent board and no material diversion of assets. This rating is significant as it indicates a responsible management of resources and adherence to ethical standards.
The organization excels in various areas, notably maintaining a high program expense ratio of 89.48%, which suggests that a substantial portion of its funds is directed towards its programs rather than administrative costs. Additionally, it demonstrates robust policies concerning conflicts of interest and whistleblowing, enhancing transparency and trustworthiness.
However, while The Shire Inc shows strengths in accountability, it would be beneficial for stakeholders to explore additional metrics beyond financial efficiency to gain a comprehensive understanding of its overall impact. The current score primarily reflects financial governance, and insights into program outcomes would further bolster its reputation and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Shire Inc legitimate?
The Shire Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Shire 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: $25,258
For more financial information, click here
What is the mission statement of The Shire Inc?
The Shire Inc's mission is centered around renovating and maintaining residential rental properties specifically designed for low-income adults with disabilities, under Section 811 of the National Affordable Housing Act. By doing so, they aim to provide accommodating living spaces for this underserved population, contributing to a more inclusive society. Their work aligns with a broader goal of ensuring that individuals with disabilities have access to affordable, accessible housing solutions.
Who is the CEO of The Shire Inc?
Sendy Rommel is the President of The Shire Inc.
What is the revenue of The Shire Inc?
The Shire Inc's revenue in 2023 was $86,821.
Who are the executives of The Shire Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for The Shire Inc?
The Shire Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Shire Inc
The Shire Inc, a non-profit organization, is dedicated to renovating and maintaining residential rental properties designed for low-income adults with disabilities, as stipulated under Section 811 of the National Affordable Housing Act. This organization's mission is centered around providing suitable accommodations for those who require special assistance, ensuring they have access to comfortable and well-maintained housing. By doing so, The Shire Inc aims to contribute significantly to the lives of these individuals, making a positive impact on their daily living experiences.
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Impact
June, 2024
The Shire Inc's impact lies in providing renovated and well-maintained residential rental properties tailored for low-income adults with disabilities. By focusing on this niche, the organization plays a crucial role in addressing housing challenges faced by individuals in need in Baltimore, MD. Specifically designed under Section 811 of the National Affordable Housing Act, The Shire Inc significantly contributes to creating inclusive and supportive living environments for people with disabilities. Through their work, they not only provide affordable housing options but also promote mental health and overall well-being among a vulnerable population.
This information is meant to be a general summary of The Shire 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 2023.
- Investment Income: $205
- Program Service Revenue: $86,616
- Gross Receipts: $86,821
Assets and Liabilities:
- Total Assets: $697,501
- Total Liabilities: $1,214,006
- Net Assets: -$516,505
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$86,616
Organization Details
Founding Year
2004
Phone
(410) 653-6190Principal Officer
Sendy Rommel
Main Address
3 MILFORD MILL ROAD, BALTIMORE, MD, 21208
NTEE Category
Code: F33 - Mental health
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