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The Mcleod Home Inc

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

EIN: 020786927 ✦ Chattanooga, TN ✦ Designated as a 501(c)(3)

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Overview

What is The Mcleod Home Inc?

The Mcleod Home Inc is a nonprofit organization situated in Chattanooga, Tennessee. Its primary mission is to offer a safe and nurturing living environment for individuals struggling with mental challenges. They manage four group homes housing approximately 30 individuals, providing round-the-clock supervision. The organization takes care of their residents' basic needs, including room and board, laundry services, and transportation to medical appointments. Moreover, they help their residents develop social skills and reintegrate into society by encouraging their participation in community activities. This comprehensive approach aims to improve their overall well-being and independence.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 71% (Two-Star out of Four Star Rating)

The Mcleod Home Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 71% based solely on its Accountability & Finance metrics. This rating indicates that while the organization demonstrates solid governance practices, there are significant gaps in financial transparency and documentation.

Strengths of The Mcleod Home include its independent board composition, as it scored perfectly on board independence and size, as well as its management of assets, which shows no liabilities. Additionally, the charity allocates 100% of its expenses to program activities, indicating a strong commitment to its mission.

However, the organization is noted for missing critical financial documents, including financial statements and its tax form on its website. Additionally, the lack of a whistleblower policy and a document retention policy raise concerns about accountability and transparency. Overall, while the charity has a strong foundation in specific governance aspects, improvements in transparency and documentation are needed for a higher rating.


This AI summary has been generated from information found on Charity Navigator.

Is The Mcleod Home Inc legitimate?

The Mcleod Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mcleod Home 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: $53,000

For more financial information, click here

What is the mission statement of The Mcleod Home Inc?

The mission of The Mcleod Home Inc. is centered around providing safe and decent housing for individuals with mental challenges, both males and females. This residential community is designed to enhance their social skills, ultimately facilitating their reintegration into society. The organization operates four group homes, providing round-the-clock care for approximately 30 individuals. Daily services include room and board, laundry, transportation to appointments, and personal care plans. The residents are actively encouraged to participate in community activities, which aids in their social development and eventual integration into the broader society.

Who is the CEO of The Mcleod Home Inc?

Donovan Mcleod is the Director of The Mcleod Home Inc.

What is the revenue of The Mcleod Home Inc?

The Mcleod Home Inc's revenue in 2022 was $474,755.

Who are the executives of The Mcleod Home Inc and what are their salaries?


Here are 6 key members and their salaries:


Serene Kasila (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irene Williams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Latoya Mcleod (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Williams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donovan Mcleod (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Mcleod Home Inc?

The Mcleod Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Mcleod Home Inc

The McLeod Home Inc is committed to providing a safe and decent living environment for mentally challenged individuals, both men and women. Their mission is to foster social skill development within this community, with the ultimate goal of reintegrating them into society. They operate four group homes, housing up to 30 mentally challenged individuals, who are supervised and cared for 24/7, 365 days a year. The organization provides essential services such as room and board, laundry, transportation to appointments, and personal care service plans. Additionally, they encourage their residents to participate in community activities, which plays a significant role in helping them reacclimate to society. The McLeod Home Inc's mission is centered around creating an environment that supports the mental, social, and emotional growth of its residents, ultimately aiming to empower them to reintegrate into society with confidence and independence.

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Impact




July, 2024

The Mcleod Home Inc's impact can be seen in its commitment to providing safe and decent housing for mentally challenged individuals in a residential community. By operating four group homes caring for 30 mentally challenged men and women, The Mcleod Home Inc ensures that these individuals are supervised 7 days a week, 365 days a year. They offer room and board, laundry services, and transportation to appointments, while also assisting residents with personal care service plans. Through participation in community activities, The Mcleod Home Inc helps these individuals improve their social skills and reintegrate into society. Their dedication to this mission makes a significant difference in the lives of those they serve.




This information is meant to be a general summary of The Mcleod Home 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.

Revenue
$474,755 (2022)
Expenses
$457,551 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $474,755

Assets and Liabilities:

  • Total Assets: $76,827
  • Total Liabilities: $0
  • Net Assets: $76,827

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Programs

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

EBT RESIDENTS OTHER INC
RESIDENTS OTHER INC

Organization Details

Founding Year

2006

Principal Officer

Donovan Mcleod

Main Address

P O BOX 80925, Chattanooga, TN, 37414

NTEE Category

Code: L21 - Housing

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