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Kinkead Housing Foundation

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

EIN: 205761971 ✦ Jackson, MS ✦ Designated as a 501(c)(3)

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Overview

What is Kinkead Housing Foundation?

The Kinkead Housing Foundation, situated in Jackson, Mississippi, is a dedicated nonprofit organization with a mission to cater to the housing needs of moderate- to low-income families and individuals. Their primary goal is to provide clean, safe, and affordable housing, striving to meet the critical needs of their community. With a small team of one dedicated employee, the foundation works tirelessly to ensure that everyone has access to a suitable living space.


Official website here: www.kinkeadhousing.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 61%)

The Kinkead Housing Foundation has received a two-star rating from Charity Navigator, indicating that it needs improvement in some areas. While the organization excels in its program expenses, with an impressive 98.53% of its expenditures directed toward programs, it faces significant challenges in accountability and governance practices, as highlighted by its overall score of 61%.

Strengths of the foundation include a fully independent board and no material diversion of assets, which demonstrates a commitment to ethical management. However, the organization lacks essential policies such as a conflict of interest policy and a whistleblower policy, both of which are critical for maintaining transparency and accountability. Additionally, while the organization does document its board meeting minutes, it does not make its tax forms available on its website.

The foundation's liabilities to assets ratio is concerning at 65.35%, indicating a potentially high level of debt relative to its assets. This could pose financial risks in the long term if not addressed. Overall, while the Kinkead Housing Foundation shows promise in its programmatic focus, improvements in governance and financial transparency are necessary for it to enhance its rating in the future.


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

Is Kinkead Housing Foundation legitimate?

Kinkead Housing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kinkead Housing Foundation 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: $61,652

For more financial information, click here


Official website here: www.kinkeadhousing.org

What is the mission statement of Kinkead Housing Foundation?

The Kinkead Housing Foundation's mission is centered around addressing the essential housing needs of the community. They strive to provide clean, safe, and affordable housing options for moderate- to low-income families and individuals, aiming to offer the best quality housing available within their means. The foundation's primary goal is to serve and uplift their community by addressing one of its most fundamental needs.


Official website here: www.kinkeadhousing.org

Who is the CEO of Kinkead Housing Foundation?

Hayes Dent is the Chairman of Kinkead Housing Foundation.


Official website here: www.kinkeadhousing.org

What is the revenue of Kinkead Housing Foundation?

Kinkead Housing Foundation's revenue in 2022 was $34,181.


Official website here: www.kinkeadhousing.org

Who are the executives of Kinkead Housing Foundation and what are their salaries?

The average compensation at Kinkead Housing Foundation during 2022 was $61,652. There is 1 employee at Kinkead Housing Foundation.


Here are 5 key members and their salaries:


Hayes Dent (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dylan Glenn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenny Guines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Boyd Kellum (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Thompson (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kinkeadhousing.org

Where can I find the form 990 for Kinkead Housing Foundation?

Kinkead Housing Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kinkeadhousing.org

Learn more at the official website: www.kinkeadhousing.org

Mission Statement of Kinkead Housing Foundation

Kinkead Housing Foundation is committed to addressing a pressing community issue by providing clean, safe, and affordable housing solutions for moderate- to low-income families and individuals. The organization's mission is to fill this critical need, striving to offer the best possible housing options within their capacity. By doing so, Kinkead Housing Foundation aims to contribute positively to the well-being and living conditions of those in need, ultimately enhancing the quality of life for its residents.

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Impact




August, 2024

Kinkead Housing Foundation's impact can be seen in its commitment to providing clean, safe, and affordable housing to moderate- to low-income families and individuals in the community. By offering the best quality affordable housing available, the foundation plays a crucial role in addressing the critical need for adequate housing in Jackson, MS. Through its initiatives, Kinkead Housing Foundation helps improve the quality of life for individuals and families by ensuring they have access to housing that meets their needs and supports their well-being.




This information is meant to be a general summary of Kinkead Housing Foundation. 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
$34,181 (2022)
Expenses
$69,735 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2
  • Program Service Revenue: $34,179
  • Gross Receipts: $34,181

Assets and Liabilities:

  • Total Assets: $2,107
  • Total Liabilities: $127,797
  • Net Assets: -$125,690

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$34,179

Organization Details

Principal Officer

Hayes Dent

Main Address

975 NORTH STREET SUITE 206, JACKSON, MS, 39202

NTEE Category

Code: L21 - Housing

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