Overview
What is Maywood Manor Senior Housing Inc?
Maywood Manor Senior Housing Inc is a nonprofit organization, established in 1986 in cooperation with the U.S. Department of Housing and Urban Development. Based in California, this organization, initially formed by Cooperative Services Inc, a Michigan nonprofit cooperative, aims to provide housing facilities for senior citizens with low income. The corporation acquired real property in Maywood, California, and constructed an apartment project with 55 units, specifically designed for this demographic. The mission of Maywood Manor Senior Housing Inc remains focused on providing decent and affordable living spaces for elderly individuals, contributing positively to their lives and community.
Official website here: www.csi.coop
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Maywood Manor Senior Housing Inc has received an 81% rating, which reflects a solid performance primarily in the area of Accountability & Finance. The organization demonstrates strong governance practices, with 100% of board members being independent, and it maintains well-documented policies including conflict of interest and whistleblower protections. The financial oversight is robust, as indicated by a perfect score for its audit and oversight committee.
The program expense ratio stands at an impressive 77.06%, signifying that a significant majority of its expenditures are directed towards its mission-related activities. This efficient allocation of resources is a strong point for potential donors and supporters. The organization also meets the transparency standards, having its website listed on its tax form and maintaining comprehensive board meeting minutes.
While the overall rating is commendable, it is important to note that the rating is derived solely from the Accountability & Finance category. This focus means that the organization may not be evaluated on other important factors such as program effectiveness or community impact, which are not reflected in this score. Nonetheless, the financial integrity and governance practices suggest a well-managed organization.
This AI summary has been generated from information found on Charity Navigator.
Is Maywood Manor Senior Housing Inc legitimate?
Maywood Manor Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maywood Manor Senior Housing 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.csi.coop
What is the mission statement of Maywood Manor Senior Housing Inc?
Maywood Manor Senior Housing Inc's mission is centered around providing housing facilities for low-income senior citizens. As a non-profit corporation, it aims to cater to this specific demographic, working in cooperation with the United States Department of Housing and Urban Development. The organization was established with the primary objective of acquiring property, constructing, and operating an apartment project with 55 units, specifically designed for senior citizens who fall under the low-income category. This mission serves to ensure that elderly individuals have access to suitable housing, thereby enhancing their quality of life.
Official website here: www.csi.coop
Who is the CEO of Maywood Manor Senior Housing Inc?
Cindy Lamb is the President of Maywood Manor Senior Housing Inc.
Official website here: www.csi.coop
What is the revenue of Maywood Manor Senior Housing Inc?
Maywood Manor Senior Housing Inc's revenue in 2022 was $923,684.
Official website here: www.csi.coop
Who are the executives of Maywood Manor Senior Housing Inc and what are their salaries?
There 16 volunteers at Maywood Manor Senior Housing Inc.
Here are 19 key members and their salaries:
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- Related: $182,532
- Other: $32,442
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- Other: $63,472
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- Related: $153,401
- Other: $34,172
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- Related: $162,992
- Other: $25,359
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- Related: $175,150
- Other: $45,954
- Compensation: $0
- Related: $182,210
- Other: $47,091
- Compensation: $0
- Related: $177,736
- Other: $54,448
Official website here: www.csi.coop
Where can I find the form 990 for Maywood Manor Senior Housing Inc?
Maywood Manor Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.csi.coop
Learn more at the official website: www.csi.coop
Mission Statement of Maywood Manor Senior Housing Inc
Maywood Manor Senior Housing Inc, a California-based non-profit housing corporation, is dedicated to providing housing facilities for low-income senior citizens. Established in 1986, the organization collaborates with the US Department of Housing and Urban Development to offer affordable housing solutions for the elderly. The corporation's mission is crystal clear: it aims to cater to the housing needs of senior citizens with limited financial resources, ensuring they can live comfortably and with dignity. The organization's apartment project, located in Maywood, California, houses 55 units specifically designed for this demographic, thereby fulfilling its mission of providing a safe and affordable living environment for the elderly.
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Impact
July, 2024
Maywood Manor Senior Housing Inc provides crucial housing facilities for low-income senior citizens, offering a safe and affordable living environment for those in need. By operating an apartment project with 55 units in Maywood, California, this organization plays a vital role in supporting the senior community. Their collaboration with the US Department of Housing and Urban Development demonstrates a commitment to addressing the housing needs of seniors and ensuring they have access to suitable accommodations. This impact is essential in enhancing the quality of life for low-income seniors who may face challenges in finding affordable housing options.
This information is meant to be a general summary of Maywood Manor Senior Housing 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: $614
- Program Service Revenue: $227,239
- Gross Receipts: $923,684
Assets and Liabilities:
- Total Assets: $2,680,372
- Total Liabilities: $3,606,692
- Net Assets: -$926,320
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$227,239
Organization Details
Founding Year
1986
Phone
(586) 753-9002Principal Officer
Cindy Lamb
Main Address
8425 E TWELVE MILE ROAD, WARREN, MI, 48093
Website
www.csi.coopNTEE Category
Code: L22Z - Housing
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