Overview
What is Margaret Mcdowell Associates Inc C/O Christian Church Homes?
Margaret Mcdowell Associates Inc C/O Christian Church Homes is a nonprofit organization situated in Walnut Creek, California. Their primary mission is to develop and manage an affordable housing project, specifically designed for very-low income elderly and disabled individuals. The 87-unit complex, located in West Sacramento, California, is a subsidized housing project under Section 202 of the National Housing Act and the U.S. Department of Housing and Urban Development. The project aims to provide a safe and accessible living environment for this specific demographic.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Stars
Margaret Mcdowell Associates Inc C/O Christian Church Homes has received a Three-Star rating from Charity Navigator, indicating a solid performance primarily in accountability and finance. The organization's strong score of 79% reflects a commitment to sound financial practices, with a notable program expense ratio of 97.88%, which suggests that a significant portion of resources is directed toward its mission.
The nonprofit benefits from a fully independent board, which is crucial for governance and oversight, achieving full marks in this area with 100% independent members. Additionally, the organization has implemented various policies, such as conflict of interest and whistleblower policies, which reinforce its commitment to transparency and ethical management.
However, the organization faces concerns regarding its liabilities to assets ratio, reported at 235.49%, which has resulted in a lower score in that category. This may indicate potential financial risks that could impact its operations if not managed properly. Overall, while the organization demonstrates strengths in governance and financial accountability, it should address the financial health indicators to ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Margaret Mcdowell Associates Inc C/O Christian Church Homes legitimate?
Margaret Mcdowell Associates Inc C/O Christian Church Homes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Margaret Mcdowell Associates Inc C/O Christian Church Homes 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: $179,760
For more financial information, click here
What is the mission statement of Margaret Mcdowell Associates Inc C/O Christian Church Homes?
Margaret Mcdowell Associates Inc, in collaboration with Christian Church Homes, is committed to providing housing for elderly and low-income individuals. They operate an 87-unit complex specifically designed for very-low income elderly and disabled persons, in adherence to Section 202 of the National Housing Act and the U.S. Department of Housing and Urban Development's guidelines. Their mission is to develop and manage this affordable housing development, aiming to provide a secure living environment for these vulnerable individuals.
Who is the CEO of Margaret Mcdowell Associates Inc C/O Christian Church Homes?
Gail Gilman is the Principal Officer of Margaret Mcdowell Associates Inc C/O Christian Church Homes.
What is the revenue of Margaret Mcdowell Associates Inc C/O Christian Church Homes?
Margaret Mcdowell Associates Inc C/O Christian Church Homes's revenue in 2022 was $736,429.
Who are the executives of Margaret Mcdowell Associates Inc C/O Christian Church Homes and what are their salaries?
There 6 volunteers at Margaret Mcdowell Associates Inc C/O Christian Church Homes.
Here are 6 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Margaret Mcdowell Associates Inc C/O Christian Church Homes?
Margaret Mcdowell Associates Inc C/O Christian Church Homes's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Margaret Mcdowell Associates Inc C/O Christian Church Homes
Margaret Mcdowell Associates Inc C/O Christian Church Homes is a dedicated organization with a mission to provide housing for elderly and low-income individuals. In line with this mission, they have developed and operate an 87-unit affordable housing complex specifically catering to very-low income elderly and disabled persons. This housing development, located in West Sacramento, California, is under Section 202 of the National Housing Act and is supported by the U.S. Department of Housing and Urban Development. The primary objective of this nonprofit is to offer subsidized housing to this demographic, ensuring they have a secure and comfortable living environment.
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
Margaret Mcdowell Associates Inc, operating under Christian Church Homes, has a significant impact by providing much-needed affordable housing for elderly and low-income individuals in West Sacramento, California. Their mission to develop and operate an 87-unit affordable housing development specifically for very-low income elderly and disabled persons directly addresses the housing needs of this vulnerable population. Through subsidized housing initiatives like this, Margaret Mcdowell Associates Inc contributes to addressing the housing crisis faced by many seniors, ensuring they have a safe and affordable place to call home.
This information is meant to be a general summary of Margaret Mcdowell Associates Inc C/O Christian Church Homes. 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: $33
- Program Service Revenue: $323,568
- Gross Receipts: $736,429
Assets and Liabilities:
- Total Assets: $3,587,129
- Total Liabilities: $8,447,591
- Net Assets: -$4,860,462
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.
RENTAL INCOME
Revenue
$319,993
OTHER PROGRAM INCOME
Revenue
$3,575
Organization Details
Founding Year
1996
Phone
(510) 632-6712Principal Officer
Gail Gilman
Main Address
1855 OLYMPIC BLVD 300, WALNUT CREEK, CA, 94596
NTEE Category
Code: L210 - Housing
If you are a representative of Margaret Mcdowell Associates Inc C/O Christian Church Homes 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.