Mbi Charitable Inc

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

EIN: 861420855 ✦ North miami beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Mbi Charitable Inc?

Mbi Charitable Inc is a recently established nonprofit organization, founded on December 28, 2020, located in North Miami Beach, Florida (FL 33162). Their primary mission is to support the elderly population by offering financial aid to nursing facilities and homecare organizations. This assistance enables these institutions to deliver essential care services to the elderly, ensuring their well-being and improving their quality of life. Since the organization's activities officially commenced in 2021, they have been committed to making a positive impact in the lives of the elderly community.


Official website here: www.roseofthesharon.com

Is Mbi Charitable Inc legitimate?

Mbi Charitable Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mbi Charitable 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


Official website here: www.roseofthesharon.com

What is the mission statement of Mbi Charitable Inc?

Mbi Charitable Inc's mission is centered around providing assistance to the elderly. To accomplish this, the organization distributes grants to nursing facilities and homecare organizations. These grants are utilized to deliver necessary care services to the elderly. Established in December 2020, the organization's activities commenced in 2021, focusing on supporting the elderly population with essential resources and care.


Official website here: www.roseofthesharon.com

What is the revenue of Mbi Charitable Inc?

Mbi Charitable Inc's revenue in 2023 was $57,539.


Official website here: www.roseofthesharon.com

Who are the executives of Mbi Charitable Inc and what are their salaries?

Here are 3 key members and their salaries:


Yosef Rudd (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Levi Y Rudd (Treasurer)
  • Compensation: $3,870
  • Related: $0
  • Other: $0
Anne Ochoa (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.roseofthesharon.com

Where can I find the form 990EZ for Mbi Charitable Inc?

Mbi Charitable Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.roseofthesharon.com

Learn more at the official website: www.roseofthesharon.com

Mission Statement of Mbi Charitable Inc

Mbi Charitable Inc, established in December 2020, is dedicated to assisting the elderly population. The organization achieves this mission by providing grants to nursing facilities and homecare organizations. These grants are utilized to enhance the care provided to the elderly, ensuring they have the necessary resources and support. Since the organization's inception, its activities have been actively implemented from the year 2021, demonstrating its commitment to improving the lives of the elderly.

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Impact




August, 2024

Mbi Charitable Inc has a significant impact on the lives of the elderly by providing resources and support through grants to nursing facilities and home care organizations. By funding these institutions, the organization helps ensure that the elderly receive the care they need to live comfortably and with dignity. This support is crucial in fostering a sense of community and compassion for our older population, ultimately improving their quality of life.




This information is meant to be a general summary of Mbi Charitable 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
$57,539 (2023)
Expenses
$82,894 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $12,891
  • Program Service Revenue: $17,000
  • Gross Receipts: $57,539

Assets and Liabilities:

  • Total Assets: $25,326
  • Total Liabilities: $0
  • Net Assets: $25,326

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Organization Details

Founding Year

2020

Principal Officer

Yosef Rudd

NTEE Category

Code: T50 - Philanthropy

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