Overview
What is Maria B Freitas Senior Housing Corporation?
Maria B Freitas Senior Housing Corporation is a nonprofit organization situated in Denver, Colorado. They own and manage a 62-unit low-income apartment project named Maria B. Freitas Community, primarily catering to the elderly and handicapped residents in San Rafael, California. The corporation's mission is to enhance the living experience of these individuals, ensuring their needs are met while promoting health, security, happiness, and meaningful activities in their golden years. They provide comfortable housing facilities tailored to meet their unique requirements, aiming to improve their overall well-being.
Official website here: www.mercyhousing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
Maria B Freitas Senior Housing Corporation has earned an 81% rating, which reflects a solid level of accountability and financial health. The rating is based entirely on the organization's accountability and finance score, indicating a strong focus on responsible financial management and transparency.
The organization's strengths lie in its excellent performance across key accountability metrics, such as having a comprehensive audit and oversight committee and robust policies for conflict of interest and whistleblower protections. Notably, 97.95% of its expenses are directed towards programs, showcasing its commitment to utilizing funds effectively for its mission.
However, while the rating is positive, the organization could benefit from further diversification in its scoring metrics to provide a more rounded assessment of its impact. Overall, the organization demonstrates a commendable commitment to accountability and programmatic effectiveness, making it a reliable option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Maria B Freitas Senior Housing Corporation legitimate?
Maria B Freitas Senior Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maria B Freitas Senior Housing Corporation 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: $224,045
For more financial information, click here
Official website here: www.mercyhousing.org
What is the mission statement of Maria B Freitas Senior Housing Corporation?
The Maria B Freitas Senior Housing Corporation's mission is centered around providing housing facilities and services for the elderly and handicapped individuals. This organization aims to cater to their needs and promote their health, security, happiness, and usefulness in extended living. The corporation's mission is to create an environment that fosters well-being and contentment for its residents, enabling them to lead fulfilling lives.
Official website here: www.mercyhousing.org
Who is the CEO of Maria B Freitas Senior Housing Corporation?
Doug Shoemaker is the President/Director of Maria B Freitas Senior Housing Corporation.
Official website here: www.mercyhousing.org
What is the revenue of Maria B Freitas Senior Housing Corporation?
Maria B Freitas Senior Housing Corporation's revenue in 2022 was $721,265.
Official website here: www.mercyhousing.org
Who are the executives of Maria B Freitas Senior Housing Corporation and what are their salaries?
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $151,225
- Other: $7,573
- Compensation: $0
- Related: $304,832
- Other: $28,064
- Compensation: $0
- Related: $169,136
- Other: $31,795
- Compensation: $0
- Related: $215,449
- Other: $8,873
- Compensation: $0
- Related: $189,462
- Other: $7,937
- Compensation: $0
- Related: $228,009
- Other: $33,552
- Compensation: $0
- Related: $198,100
- Other: $21,341
- Compensation: $0
- Related: $157,372
- Other: $10,314
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $94,309
- Other: $16,925
- Compensation: $0
- Related: $189,811
- Other: $4,240
- Compensation: $0
- Related: $256,515
- Other: $45,801
- Compensation: $0
- Related: $143,251
- Other: $38,467
- Compensation: $0
- Related: $164,838
- Other: $15,948
- Compensation: $0
- Related: $161,460
- Other: $35,386
Official website here: www.mercyhousing.org
Where can I find the form 990 for Maria B Freitas Senior Housing Corporation?
Maria B Freitas Senior Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercyhousing.org
Learn more at the official website: www.mercyhousing.org
Mission Statement of Maria B Freitas Senior Housing Corporation
Maria B Freitas Senior Housing Corporation is dedicated to serving the needs of elderly and handicapped individuals. Their mission is to provide housing facilities and necessary services that promote health, security, happiness, and usefulness in longer living. By offering these resources, the organization aims to enhance the lives of these individuals, ensuring they can live comfortably and with purpose. The corporation's goal is to create an environment that fosters well-being and independence, allowing its residents to enjoy their later years with dignity and contentment.
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
Maria B Freitas Senior Housing Corporation provides crucial housing facilities and services to elderly and/or handicapped individuals, enabling them to live with dignity and independence. By owning and operating a 62-unit low-income apartment project in San Rafael, California, this organization offers a vital solution to the housing needs of this vulnerable population. Through its mission to promote health, security, happiness, and usefulness in longer living, Maria B Freitas Senior Housing Corporation has a direct and tangible impact on the well-being and quality of life of seniors and individuals with disabilities.
This information is meant to be a general summary of Maria B Freitas Senior Housing Corporation. 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: $710
- Program Service Revenue: $241,125
- Gross Receipts: $721,265
Assets and Liabilities:
- Total Assets: $1,901,609
- Total Liabilities: $194,805
- Net Assets: $1,706,804
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.
NET RENTAL REVENUE
Revenue
$229,853
OTHER REVENUE
Revenue
$6,224
ANCILLARY SERVICES
Revenue
$5,048
Organization Details
Founding Year
1993
Phone
(303) 830-3300Principal Officer
Doug Shoemaker
Main Address
1600 BROADWAY SUITE 2000, DENVER, CO, 802025704
Website
www.mercyhousing.orgNTEE Category
Code: L20 - Housing
If you are a representative of Maria B Freitas Senior Housing Corporation 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.