St Monica Gardens Inc

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

EIN: 208197409 ✦ Lauderdale lakes, FL ✦ Designated as a 501(c)(3)

Overview

What is St Monica Gardens Inc?

St Monica Gardens Inc is a dedicated nonprofit organization, situated within its operations, that focuses on providing affordable housing solutions for the elderly and individuals with disabilities. They execute this mission through a HUD-funded project, which includes the provision of rental units specifically designed for this demographic. The organization's primary purpose is to ensure that elderly and handicapped individuals have access to suitable living arrangements, thereby contributing to their overall well-being and quality of life.


Is St Monica Gardens Inc legitimate?

St Monica Gardens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Monica Gardens 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $189,396

For more financial information, click here


What is the mission statement of St Monica Gardens Inc?
Who is the CEO of St Monica Gardens Inc?
What is the revenue of St Monica Gardens Inc?
Who are the executives of St Monica Gardens Inc and what are their salaries?
Where can I find the form 990 for St Monica Gardens Inc?

Mission Statement of St Monica Gardens Inc

St. Monica Gardens Inc. is dedicated to providing low-income housing for the elderly and handicapped community. Operating under a HUD project, this nonprofit organization offers rental units that cater specifically to this demographic. By offering these housing solutions, St. Monica Gardens Inc. plays a significant role in ensuring that elderly and handicapped individuals have access to safe and affordable living spaces. This mission is pivotal in fostering an inclusive and supportive community for these vulnerable populations.

Impact

This information is meant to be a general summary of St Monica Gardens Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

St Monica Gardens Inc's impact is significant in providing low-income elderly housing through a HUD project that offers rental units for elderly and handicapped individuals. By offering affordable housing options, St Monica Gardens helps ensure that elderly and handicapped persons have a safe and comfortable place to live, promoting their well-being and quality of life. Their work contributes to addressing the housing needs of vulnerable populations and supporting community members in maintaining their independence and dignity.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $11,867
  • Program Service Revenue: $878,741
  • Gross Receipts: $890,608

    • Assets and Liabilities:
  • Total Assets: $8,139,012
  • Total Liabilities: $70,956
  • Net Assets: $8,068,056
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TENANT ASSISTANCE PAYM

    Revenue

    $630,599

    RENTAL INCOME, NET

    Revenue

    $242,293

    COIN LAUNDRY AND VENDI

    Revenue

    $5,501

    TENANT CHARGES

    Revenue

    $348

    Organization Details

    Founding Year

    2006

    Principal Officer

    Rev Marcos Somarriba

    Main Address

    4790 N STATE ROAD 7, LAUDERDALE LAKES, FL, 33319

    NTEE Category

    Code: L22 - Housing

    If you are a representative of St Monica Gardens 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.