Overview
What is Mid Cape Church Homes Inc?
Mid Cape Church Homes Inc is a nonprofit organization that focuses on providing affordable housing solutions for the elderly and handicapped community. This is made possible through financial support from key departments in the United States government, specifically the Departments of HUD and Rural Economic and Community Development. Their primary mission involves managing Pine Oaks Village, a housing complex that accommodates 98 units, all aimed at catering to this specific demographic. The organization's work aims to ensure that these individuals have access to a comfortable living environment without the financial burden often associated with such accommodations.
What are the reviews and ratings of this charity?
93% rating from Charity Navigator.
Mid Cape Church Homes Inc has received a Four-Star out of Four Star rating, indicating strong performance in accountability and finance. The charity's exemplary score reflects its commitment to transparency and effective governance. With a perfect score for having an entirely independent board and robust financial oversight measures in place, the organization demonstrates a solid foundation of accountability.
The charity's financial management is commendable, evidenced by a high program expense ratio of 76.26%, which suggests that a significant portion of its resources is directed toward its programs rather than administrative costs. Additionally, the organization has no material diversion of assets, reinforcing its reliability in financial stewardship.
Despite its strengths, the overall score is solely based on accountability and finance, which may not provide a complete picture of the organization's impact in the community. Stakeholders may benefit from additional insights into its programs and outcomes to fully assess its effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Mid Cape Church Homes Inc legitimate?
Mid Cape Church Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid Cape Church Homes 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:
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Other Salaries and Wages: $264,134
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What is the mission statement of Mid Cape Church Homes Inc?
Mid Cape Church Homes Inc is committed to providing affordable housing for the elderly and handicapped. This mission is supported financially by the United States Departments of HUD (Housing and Urban Development) and Rural Economic and Community Development. The organization's primary activity involves the operation of Pine Oaks Village, which offers a housing assistance program with accommodations for 98 units. This initiative aims to provide a living space for those in need, ensuring they can maintain their independence and quality of life.
Who is the CEO of Mid Cape Church Homes Inc?
Gregory Y Winston is the President of Mid Cape Church Homes Inc.
What is the revenue of Mid Cape Church Homes Inc?
Mid Cape Church Homes Inc's revenue in 2022 was $1,871,039.
Who are the executives of Mid Cape Church Homes Inc and what are their salaries?
Here are 12 key members and their salaries:
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Where can I find the form 990 for Mid Cape Church Homes Inc?
Mid Cape Church Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mid Cape Church Homes Inc
Mid Cape Church Homes Inc, a nonprofit organization, is dedicated to providing affordable housing solutions for the elderly and individuals with disabilities. This mission is made possible through financial support from two key United States departments: HUD (Department of Housing and Urban Development) and RECD (Rural Economic and Community Development). The organization's efforts are focused on creating a community where these individuals can live comfortably, with 98 units available for occupancy. This housing assistance program aims to improve the living conditions of the elderly and handicapped, providing them with a safe and affordable place to call home.
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Impact
July, 2024
Mid Cape Church Homes Inc's impact is evident in the provision of affordable housing for the elderly and handicapped in Harwich, MA. Through Pine Oaks Village, they offer a housing assistance program with occupancy for 98 units, catering to individuals who may struggle to find suitable accommodation. By securing financing from the United States Departments of HUD and Rural Economic and Community Development, Mid Cape Church Homes Inc plays a vital role in ensuring that vulnerable populations have access to safe and affordable housing options. This not only improves the quality of life for residents but also contributes to the overall social welfare of the community.
This information is meant to be a general summary of Mid Cape Church Homes 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: $173,514
- Program Service Revenue: $487,311
- Gross Receipts: $2,267,293
Assets and Liabilities:
- Total Assets: $11,056,217
- Total Liabilities: $6,475,579
- Net Assets: $4,580,638
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$429,666
CABLE AND LAUNDRY INCOME
Revenue
$57,645
Organization Details
Founding Year
1975
Phone
(508) 432-9611Principal Officer
Gregory Y Winston
Main Address
61 JOHN NELSON WAY, HARWICH, MA, 02645
NTEE Category
Code: L22 - Housing
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