Overview
What is Wasatch Manor Inc?
Wasatch Manor Inc is a notable nonprofit organization situated in Midvale, Utah. Its primary mission is to provide affordable housing for the elderly and disabled community, serving over 200 individuals annually. Their mission is deeply rooted in ensuring that elderly and disabled individuals have access to suitable living accommodations, thereby enhancing their quality of life. By offering low-income housing, Wasatch Manor Inc plays a significant role in supporting these vulnerable groups and promoting social inclusion in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65% (Two-Star out of Four Stars)
Wasatch Manor Inc has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and financial practices. While the organization boasts an independent board with full compliance in some areas like audit oversight, it falls short in essential policies and transparency measures. The absence of a conflict of interest policy, whistleblower policy, and other key documents raises questions about its governance.
The nonprofit has a strong program expense ratio, indicating that a significant portion of its funds is directed toward its programs. However, the liabilities to assets ratio is concerning, suggesting potential financial risk. The lack of a website link on its tax form and missing documentation of board meeting minutes further highlight issues with transparency and public accessibility of information.
Overall, while Wasatch Manor Inc demonstrates strengths in certain governance areas, its overall performance reflects notable shortcomings in financial oversight and transparency practices, which could impact donor trust and support.
This AI summary has been generated from information found on Charity Navigator.
Is Wasatch Manor Inc legitimate?
Wasatch Manor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wasatch Manor 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 Wasatch Manor Inc?
Wasatch Manor Inc, as an organization, is dedicated to providing low-income housing opportunities for the elderly and disabled individuals. Based on the provided information, their mission can be interpreted as offering a supportive living environment that caters to the needs of over 200 vulnerable individuals annually. By doing so, Wasatch Manor Inc aims to contribute positively to their community and ensure that these individuals have access to safe and affordable housing. The organization's activities do not appear to extend beyond this primary mission of providing housing, but it clearly serves an essential role in supporting the elderly and disabled population in Midvale, UT.
Who is the CEO of Wasatch Manor Inc?
Roy Corsi is the President of Wasatch Manor Inc.
What is the revenue of Wasatch Manor Inc?
Wasatch Manor Inc's revenue in 2022 was $2,233,125.
Who are the executives of Wasatch Manor Inc and what are their salaries?
Here are 4 key members and their salaries:
- 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 Wasatch Manor Inc?
Wasatch Manor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wasatch Manor Inc
Wasatch Manor Inc, a nonprofit organization, is dedicated to providing low-income housing for the elderly and disabled individuals. Located in Midvale, UT, this organization plays a significant role in benefiting over 200 individuals annually. By offering affordable housing, Wasatch Manor Inc contributes to the well-being and independence of these vulnerable groups, enabling them to maintain a dignified living standard. The organization's mission is centered around ensuring that elderly and disabled individuals have access to safe and affordable housing options, thereby contributing to their overall quality of life and community integration.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Wasatch Manor Inc's impact is centered around providing low-income housing for elderly and disabled individuals in Midvale, UT. This initiative benefits over 200 individuals each year by offering them a safe and affordable place to live. By addressing the housing needs of this vulnerable population, Wasatch Manor Inc plays a crucial role in enhancing the quality of life and well-being of those it serves.
This information is meant to be a general summary of Wasatch Manor 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 2022.
- Investment Income: $35
- Program Service Revenue: $2,233,090
- Gross Receipts: $2,233,125
Assets and Liabilities:
- Total Assets: $7,035,263
- Total Liabilities: $5,684,145
- Net Assets: $1,351,118
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Apartment Rents
Revenue
$1,025,809
Laundry Revenue
Revenue
$7,082
Parking Revenue
Revenue
$13,791
Service Coordinator Rev
Revenue
$74,802
Tenant Assistant Payments
Revenue
$1,098,931
Organization Details
Founding Year
1967
Principal Officer
Roy Corsi
Main Address
7351 SOUTH UNION PARK AVENUE 250, MIDVALE, UT, 84047
NTEE Category
Code: L200 - Housing
If you are a representative of Wasatch Manor Inc 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.